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May 21, 2026
A Mississippi federal jury has found that Baker Donelson Bearman Caldwell & Berkowitz PC committed negligent supervision as part of a mixed verdict in a trial over claims the firm allowed a timber company's nine-figure Ponzi scheme to unfold under its nose.
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May 21, 2026
Goldman Sachs has agreed to pay $500 million to investors who say they lost money after the company's alleged involvement in a bribery scandal tied to Malaysia's sovereign wealth fund came to light.
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May 20, 2026
A group of private equity fund managers and their companies urged a Florida federal court to dismiss a proposed class action brought by investors alleging a conspiracy to steal $150 million through a complex financial scheme, saying the complaint is disorganized and fails to allege wrongdoing.
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May 20, 2026
Federal regulators have unveiled a proposal to revamp a key ratings system used for grading the condition of banks, outlining changes that could make it harder to penalize banks on exams for governance and compliance issues unless they pose a clear financial threat.
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May 20, 2026
The Federal Deposit Insurance Corp. faces calls to coordinate with fellow federal agencies and include state banking regulators in its coming application process for stablecoin issuers under its supervision.
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May 20, 2026
The Federal Reserve on Wednesday moved closer to giving financial technology firms a new route to accessing its payment rails, advancing a formal proposal to create a special type of "payment account" while calling for a pause on some pending full-account decisions.
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May 20, 2026
Dow Jones urged a New York federal judge to toss a defamation suit brought by Binance over a Wall Street Journal article saying the cryptocurrency exchange fired internal investigators who uncovered transactions that purportedly went to sanctioned Iranian-backed entities, arguing that Binance hadn't shown the article was published with actual malice.
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May 20, 2026
Texas Attorney General Ken Paxton sued Institutional Shareholder Services Inc. on Wednesday for allegedly advising shareholders based on environmental, social and governance considerations rather than the objective advice it advertises, in violation of a Texas consumer law.
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May 20, 2026
Executives and directors of social media platform Pinterest Inc. have been hit with an investor's derivative suit in California federal court accusing them of damaging the company by concealing the impact the U.S. tariffs were having on Pinterest's advertising partners.
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May 20, 2026
Telecommunications firm Veon Ltd. and its investors have received final approval of a nearly $20 million settlement to end claims the company defrauded shareholders by not disclosing it had paid bribes in Uzbekistan.
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May 20, 2026
Two former executives of bankrupt telecommunications company DZS Inc. have reached a $2.9 million deal to resolve proposed class action claims the company concealed "egregious accounting misconduct," hurting investors after revelations about its accounting practices tanked its share price.
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May 20, 2026
The Financial Industry Regulatory Authority announced Wednesday it has recently fined two firms over $1.1 million to settle claims they mismanaged anti-money laundering oversight when processing low-priced securities transactions.
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May 20, 2026
A Silicon Valley project manager will pay the U.S. Securities and Exchange Commission nearly $2 million after self-reporting that he traded on his spouse's insider knowledge that software giant Adobe Inc. was preparing to acquire a digital marketing platform.
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May 20, 2026
Four laptops were stolen from the U.S. Securities and Exchange Commission's Fort Worth, Texas, office after it was burglarized last year, according to the agency's Office of Inspector General.
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May 20, 2026
The Financial Industry Regulatory Authority has opened a review into the marketing of certain high-risk products by broker-dealers in order to determine whether firms are acting in customers' best interests and to assess how they are mitigating conflicts of interest.
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May 20, 2026
Elon Musk's SpaceX has officially filed plans for its blockbuster initial public offering, a long-anticipated move that could value the private space exploration giant at up to $1.75 trillion.
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May 20, 2026
A Manhattan federal judge sentenced stock vendor StraightPath's three founders to around a decade each in prison Wednesday, after a jury convicted them of defrauding clients who bought $400 million of pre-initial public offering shares from their Florida private equity firm.
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May 20, 2026
A Black U.S. Securities and Exchange Commission employee filed a second employment discrimination suit against the agency, alleging she has been given unrealistic job expectations and placed on a performance improvement plan after claiming in court that her superiors discriminated against her.
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May 20, 2026
Two New Jersey men have settled charges from the U.S. Securities and Exchange Commission that they traded shares of a company before it was acquired by CoStar Group in April 2024 after learning of the transaction through a family member.
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May 19, 2026
The Commodity Futures Trading Commission on Tuesday issued a revised policy on cooperation credit in enforcement matters, outlining how factors such as self-reporting, cooperation and remediation can help respondents secure fine reductions or potential declinations.
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May 19, 2026
Davis Wright Tremaine LLP has recruited former Amazon in-house counsel Kevin Kramer to join its Seattle office, the law firm announced Tuesday, highlighting his track record of representing the e-commerce giant in consumer class actions and other commercial disputes.
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May 19, 2026
Cigna can't escape a proposed class action alleging that underperforming investment offerings and misallocated forfeitures in its employee 401(k) plan cost workers millions, after a Pennsylvania federal judge ruled Tuesday that alleged violations of federal benefits law were sufficiently backed up to reach discovery.
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May 19, 2026
Engineering firm KBR Inc. has urged a Texas federal judge to toss a proposed class action alleging the company misled investors about a government partnership to help relocate military personnel, saying its CEO made no false statements before the deal's termination.
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May 19, 2026
The U.S. Securities and Exchange Commission on Tuesday introduced a pair of proposals that could make it easier for publicly traded companies to raise capital through so-called shelf offerings while also reducing disclosure requirements for more issuers, arguing the proposals would bolster the public markets.
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May 19, 2026
An artificial intelligence-powered data management and security company overestimated its annual revenue growth by $6 million, leading to inflated stock sales and dramatic losses, according to a proposed investor class action filed in New Jersey federal court Monday.