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April 13, 2026
Shareholders of PolarityTE have alleged in a new suit that "members of a shadowy gang of short sellers" conspired to short the biotechnology company's stock through targeted negative media attacks with Citron Research to enrich themselves at the expense of the shareholders, and that they ultimately caused the company's bankruptcy.
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April 13, 2026
A D.C. federal judge has refused to disallow subpoenas issued against Spain by Blasket Renewable Investments LLC as the creditor looks to capture Spanish assets to enforce an arbitral award of about €77 million ($90 million) under the Energy Charter Treaty.
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April 13, 2026
The American Bankers Association pushed back Monday on a recent White House study that found banning stablecoin yield programs wouldn't have much benefit for bank lending, saying the study downplayed the risks from such programs by asking the "wrong question" about them.
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April 13, 2026
The Delaware Chancery Court's docket this past week featured a mix of high-stakes settlements, fast-moving deal litigation, governance disputes and a notable post-trial ruling involving fraud-tainted loans.
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April 13, 2026
The U.S. Securities and Exchange Commission on Monday cleared a regulatory hurdle for some websites and smartphone applications that aid investors trading in cryptocurrencies, saying those meeting certain conditions will not have to register as brokers.
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April 13, 2026
A split Texas appeals court panel found that a company cannot bring claims against Morgan Stanley after an executive at the bank ran an alleged kickback scheme involving $250 million in mineral interests, saying the executive was working by himself when the alleged fraud occurred.
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April 13, 2026
A consolidated Delaware Chancery Court suit leveling breach of fiduciary duty claims against Elon Musk and Tesla Inc. directors belongs in Texas, a vice chancellor said Monday, finding that a forum selection bylaw applies retroactively even though the conduct at issue occurred before the company reincorporated in the Lone Star State.
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April 13, 2026
Homebuilder United Homes Group Inc. faces a proposed investor class action alleging the company hid that its former CEO schemed to devalue the company as he gunned to sell it off, leading to a proposed sale that caused significant shareholder losses by cutting the company's valuation in half.
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April 13, 2026
The Chapter 7 trustee for Aspiration Partners Inc. has sued investors who have alleged in California state court that the company's co-founder and others defrauded them, telling a Delaware bankruptcy court the civil case risks depleting estate assets that should be shared among all of Aspiration's creditors.
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April 13, 2026
A group of institutional investors has asked a Georgia federal judge to certify a class in their proposed securities class action accusing uniform supplier Vestis Corp. and food and facilities services giant Aramark of making misleading statements about Vestis' operations and customer relationships prior to its 2023 spinoff from Aramark.
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April 13, 2026
A Pennsylvania federal judge declined to dismiss civil Racketeer Influenced Corrupt Organization claims against a tech company and others filed by a business alleging it was duped into buying billboard-adjacent data collection boxes on the false premise that the information would be sold to Intel.
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April 13, 2026
Cooley LLP has strengthened its private equity offering by adding Silver Lake's former legal director of fund formation as a New York-based partner, the firm announced Monday.
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April 13, 2026
A New York federal judge has appointed Robbins Geller Rudman & Dowd LLP as lead counsel in a proposed class action against BellRing Brands, the owner of Premier Protein and other supplement brands, after finding a lead counsel bid that was filed six minutes past the deadline due to a technical glitch was excusable.
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April 13, 2026
Symetra Life Insurance Co. will pay $44.4 million to end multidistrict litigation from a class of African Methodist Episcopal Church workers who alleged that mismanagement of their annuity retirement plan allowed a rogue employee to embezzle $90 million, according to filings in Tennessee federal court.
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April 13, 2026
The Delaware Chancery Court on Monday approved a $70 million settlement resolving stockholder claims over the 2022 take-private sale of animal health company Covetrus Inc., finding the deal provides a meaningful recovery for investors while avoiding the risks of continued litigation.
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April 10, 2026
A New York federal judge on Friday paused the U.S. Securities and Exchange Commission's civil suit against an Indiana man accused of participating in a $200 million Ponzi scheme, ruling that allowing discovery to go forward could interfere with the government's parallel criminal case.
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April 10, 2026
U.S. Sens. Elizabeth Warren, D-Mass., and Sheldon Whitehouse, D-R.I., called on the U.S. Commodity Futures Trading Commission to investigate "unusual trading patterns" in oil futures that took place right before President Donald Trump announced talks with Iran, including the recently announced ceasefire.
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April 10, 2026
A Phoenix federal judge on Friday temporarily blocked Arizona from enforcing its gambling laws against federally regulated prediction markets, saying the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission are likely to succeed on their claims that Arizona's laws are preempted by federal law.
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April 10, 2026
Investors in Sun Communities Inc. asked a Michigan federal judge to grant initial approval to their $2.3 million deal with the real estate investment trust to end claims that its failure to disclose its then-CEO received a loan from a board member's relatives damaged shareholders when the information emerged in a short seller report.
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April 10, 2026
JPMorgan, Barclays and Fifth Third have urged a New York federal judge to toss an investor suit claiming the banks ignored flaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings, arguing that they were also victims of the fraud and not aware of the scheme despite being sophisticated financial institutions.
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April 10, 2026
U.S. Securities and Exchange Commission Chair Paul Atkins said Friday that he has directed staff to draft an exemption for securities offered and sold as part of certain foreign bail-in processes, announcing the plans as the agency said it won't take action over bail-in transactions directed by the Bank of England.
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April 10, 2026
Trump Media & Technology Group urged a Florida state judge to deny a bid by former backers of President Donald Trump's Truth Social platform to stay its July trial over taking the company public, saying the court shouldn't wait on the defendants' too-late appeal related to deposing the president.
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April 10, 2026
The Commodity Futures Trading Commission has tapped alumni of Latham & Watkins LLP, Sidley Austin LLP and advisory firm Patomak Global Partners LLC for its task force developing regulatory framework for cryptocurrency, artificial intelligence and prediction markets.
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April 10, 2026
The Eleventh Circuit threw out a $1.5 million verdict awarded to a financial advisory firm that alleged its former client backed out of an employee stock ownership plan contract, ruling Friday that the firm could not recover for the cost of the "illegal investment advice" it furnished.
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April 10, 2026
Executives and directors of beauty giant Coty Inc. were hit with a shareholder's derivative suit accusing them of damaging the company by falsely claiming that sales in both its consumer and prestige beauty segments were improving when both divisions were actually struggling.