Securities

  • May 26, 2026

    Fla. Judge Quashes Lutnick Subpoena In Trump Media Fight

    A Florida state judge quashed a subpoena to U.S. Commerce Secretary Howard Lutnick in a dispute over taking President Donald Trump's Truth Social platform public, finding Tuesday that Lutnick was not properly served the subpoena at his part-time Florida residence.

  • May 26, 2026

    Crypto Co. Partner Looks To Escape $58M Fraud, RICO Suit

    The co-founder of a cryptocurrency data company accused by his former partner of a $58 million scheme to divert tokens offshore said the suit should be dismissed because it "impermissibly conflates" him with other business entities to bring additional contract claims.

  • May 26, 2026

    Cummins Investors' $1.6M Emissions Suit Deal Gets Final OK

    Engine manufacturer Cummins Inc. and its investors have received final approval of a $1.6 million deal ending claims the company hurt investors by hiding emissions control devices in certain engines, causing it to owe $2 billion in payments to regulators to settle Clean Air Act claims.

  • May 26, 2026

    Fenwick Reaches $54M Deal To Exit FTX Litigation

    Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency exchange's former auditor and a former NBA star who promoted the platform.

  • May 26, 2026

    SEC Nears Settlement In $22M Sports Media Co. Fraud Suit

    The U.S. Securities and Exchange Commission is close to wrapping a lawsuit accusing Icaro Media Group Inc. and its CEO of selling investors a $22 million false narrative about the planned launch of a sports media smartphone application, telling a New York federal court on Tuesday that the parties have agreed to settle the case.

  • May 26, 2026

    Lowenstein Brings Former Steptoe Atty To M&A Team In NY

    Lowenstein Sandler LLP has added a former Steptoe LLP attorney to its mergers and acquisitions and capital markets and securities practices, the firm announced Tuesday.

  • May 26, 2026

    2nd Circ. Eyes Bail For Bribe Case Cooperator: 'Why Not?'

    A Second Circuit judge on Tuesday questioned a Manhattan federal judge's decision to deny bail to prolific cooperator Jona Rechnitz while he appeals a five-month sentence for facilitating bribery inside the New York Police Department and in a law enforcement union, saying the lower court appeared "annoyed" when bail was mentioned.

  • May 22, 2026

    Law360 Reveals Titans Of The Plaintiffs Bar

    This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.

  • May 22, 2026

    Kalshi, Polymarket Can't Move Wash., Nev. Suits To Fed. Court

    Washington and Nevada regulators' lawsuits accusing prediction markets Kalshi and Polymarket of violating state gambling laws can proceed in their respective state courts, a Ninth Circuit panel ruled Thursday, denying the companies' arguments that the actions raise federal questions and thus belong in federal court.

  • May 22, 2026

    FDIC Proposes AML, Sanctions Rule For Stablecoin Issuers

    The Federal Deposit Insurance Corp. on Friday issued a proposed rule to codify that stablecoin issuers under its supervision must comply with anti-money laundering, Bank Secrecy Act and sanctions requirements and to bolster the FDIC's coordination with the Treasury Department's illicit finance regulators.

  • May 22, 2026

    EV Charging Biz Investors' Suit Found In Shape To Proceed

    Investors in ChargePoint Holdings Inc. have fixed the pleading issues in their suit against the electric-vehicle charging company, a California judge has ruled, letting the claims go forward and tossing the company's bid to dismiss the matter.

  • May 22, 2026

    Skadden, Troutman Steer First Carolina Bank's IPO Plans

    First Carolina Financial Services on Friday filed plans to go public on the New York Stock Exchange through an initial public offering steered by Skadden Arps Slate Meagher & Flom LLP and Troutman Pepper Locke LLP.

  • May 22, 2026

    Committee Probes Insider Trading On Kalshi, Polymarket

    The House Committee on Oversight and Government Reform opened an investigation into potential insider trading on Kalshi and Polymarket on Friday with letters asking the prediction market platforms to hand over compliance information and documents related to headline-grabbing trades.

  • May 22, 2026

    Microsoft To Pay $250M To End Activision Merger Suit

    Microsoft Corp. has agreed to pay $250 million to exit a lawsuit accusing it of shortchanging Activision Blizzard Inc. investors by rushing through a $75.4 billion deal to buy the video game company.

  • May 22, 2026

    Rivian Investors Get Final OK For $250M IPO Settlement

    Electric-vehicle maker Rivian Automotive Inc. and its investors have gotten the final green light for their $250 million deal to end claims the company hurt shareholders by underpricing its vehicles and misrepresenting its profitability ahead of its 2021 initial public offering.

  • May 22, 2026

    Trustee Can Depose Jailed Tycoon Guo Before Ch. 11 Trials

    A Connecticut bankruptcy judge has allowed a Chapter 11 trustee to depose convicted and incarcerated securities fraudster Miles Guo ahead of several upcoming adversary proceeding trials in the Chinese exile's bankruptcy case.

  • May 22, 2026

    Boeing Says Board Didn't Neglect Safety Before Door Blowout

    Counsel for The Boeing Co. urged the Delaware Chancery Court on Friday to dismiss a stockholder derivative suit accusing its leadership of ignoring years of safety and manufacturing red flags, arguing the company's board had overhauled its oversight systems after the fatal 737 Max crashes and monitored risks leading up to an Alaska Airlines door-plug blowout.

  • May 22, 2026

    SEC Says Foot Locker Contracts Hampered Whistleblowers

    The U.S. Securities and Exchange Commission on Friday fined Foot Locker Inc. for allegedly requiring some top-level staff to sign agreements discouraging them from blowing the whistle against the retailer.

  • May 22, 2026

    Tussle Over Sports Prediction Markets Reaches Rhode Island

    Rhode Island has come into the legal fray over sports event contracts, as regulators in the Ocean State trade lawsuits with prediction market platforms over whether those offerings violate the state's sports betting laws.

  • May 22, 2026

    Latest HVAC Suit Says Price Hikes Were Coordinated

    Seven HVAC companies, including Rheem, Trane, Carrier and Lennox, engaged in price-fixing and inventory manipulation using the COVID-19 pandemic as a cover, Arkansas-based HVAC contractor Reliance Heating and Cooling alleged in a civil antitrust suit filed in Michigan federal court Friday.

  • May 22, 2026

    Crypto Brokerage Blockchain.com Confidentially Files IPO

    Crypto services firm Blockchain.com is preparing to hit the public markets after announcing that it has confidentially filed initial public offering plans with the U.S. Securities and Exchange Commission.

  • May 22, 2026

    Former BakerHostetler Crypto Expert Launches New Boutique

    The head of BakerHostetler's digital and innovative markets team, who has represented Binance CEO Changpeng Zhao, has left the firm after more than seven years to launch a new boutique.

  • May 21, 2026

    Citron Founder's Tweets Impacted Stock Prices, LA Jury Told

    A former U.S. Securities and Exchange Commission financial economist testified Thursday in the criminal securities fraud case against Citron Research founder Andrew Left, telling a California federal jury that allegedly deceptive tweets posted by the "activist investor" clearly had a "statistically significant" impact on companies' stock prices.

  • May 21, 2026

    Insurer Can't Nix Counterclaims In $1.8M Judgment Dispute

    A North Carolina federal judge found that a life sciences company's insurer can't avoid counterclaims brought by a former patent holder asserting that the carrier must cover a $1.77 million judgment entered against the company's executives after they were accused of making misrepresentations about taking the company public.

  • May 21, 2026

    LGBCoin Buyers Say Sanctions Bid Flunks Safe Harbor Rule

    Investors in the "Let's Go Brandon" meme coin asked a Florida federal court to reject a sanctions bid filed by the coin's founder, saying he didn't comply with the court's safe harbor rule requiring him to send a draft motion 21 days in advance. 

Expert Analysis

  • CFTC's No-Action Relief Fuels Energy Market Competition

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    The U.S. Commodity Futures Trading Commission recently launched a pilot program aimed at expanding access to energy markets, reflecting a shift toward supporting robust derivatives markets that balance regulatory safeguards with the needs of commodity end users, say attorneys at Moore & Van Allen.

  • Opinion

    Clarity Act Would Clear Welcome Pathways For Blockchain

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    The framework proposed under the Senate Banking Committee's version of the Clarity Act creates reasonable compliance obligations and meaningful token-distribution opportunities that would open the door for more U.S.-based blockchain projects, without the heightened risk of securities litigation and regulatory enforcement, says Karen Ubell at Goodwin.

  • 6 Noteworthy Changes From SEC Enforcement Manual Update

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    Recent updates to the U.S. Securities and Exchange Commission’s enforcement manual represent a commitment to transparency and fair process, with the signature change being a requirement that staff make certain probative evidence available during the Wells process, say attorneys at Debevoise.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • What Texas Anti-Boycott Ruling Means For ESG Landscape

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    A Texas federal court's recent ruling in American Sustainable Business Council v. Hegar that Texas' anti-ESG law is unconstitutional on First Amendment grounds will likely embolden legal challenges to similar laws in other states that have adopted fossil fuel boycott statutes, say attorneys at ArentFox Schiff.

  • How To Wield The Clarity Act As A Litigation Defense Tool

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    The Clarity Act is being discussed as a future compliance statute, but for litigators it can be used as a present-day defense tool to strengthen fair‑notice framing, argue for forward‑looking remedies rather than punitive ones and reprice settlement leverage as statutory clarity approaches, say attorneys at Baker McKenzie.

  • Series

    Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • How DExit, Mandatory Arbitration Could Alter IPO Outlook

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    As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies to implement mandatory arbitration provisions, these developments could have a major impact on the initial public offering, securities class action, and directors and officers insurance landscapes, says Walker Newell at Arthur J. Gallagher & Co.

  • Why Prediction Market Regulation Is At Major Inflection Point

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    As prediction markets experience tremendous growth and rapid mainstream adoption, regulators have begun to exercise enforcement authority to ensure market integrity and protect participants, though forthcoming guidance will shed light on how aggressively the agencies will police the fast-changing landscape, say attorneys at Latham.

  • The Benefits Of Choosing A Niche Practice In The AI Age

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    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • Risk Disclosure Lessons For AI Cos. From Dot-Com Era

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    Regulatory responses following the dot-com collapse reflected a consistent emphasis on whether public disclosures enabled investors to understand the economic reality underlying reported performance, a focus that is likely to shape how artificial intelligence infrastructure disclosures are evaluated if market expectations similarly deteriorate, say Diana Connor, Adrienna Huffman and Bin Zhou at the Brattle Group.

  • The Practical Implications Of New FDIC Stablecoin Measures

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    The Federal Deposit Insurance Corp.'s recent proposal to create a formal process for issuing payment stablecoins arrives with several practical implications for FDIC‑supervised banks pursuing digital asset strategies, including a safe harbor for early applicants and a focus on ownership and governance, say attorneys at Troutman.

  • What The CFTC's Event Contracts Amicus Brief Is Missing

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    The U.S. Commodity Futures Trading Commission's recent amicus brief in the Ninth Circuit's North American Derivatives Exchange v. Nevada case declines to define the boundary between swaps and wagers, leaving market participants, exchanges and intermediaries operating within a regulatory framework whose boundaries remain undrawn, says Tamara de Silva at De Silva Law Offices.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • AG Watch: Ohio Targets DEI Policies

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    As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.

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