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Latest News in Securities
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June 10, 2026
Medical device maker DexCom Inc. has urged a New York federal judge to toss a proposed investor class action over the reliability of the company's glucose monitoring device, arguing the suit is an attempt to recast good-faith business "as fraud based on routine disagreement between a medical device company and its regulator."
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June 10, 2026
An investor of rare disease treatment company Catalyst Pharmaceuticals Inc. is attempting to stop a buyout by Italian rival Angelini Pharma SpA, saying Catalyst's deficient proxy statement omits relevant information regarding potential conflicts in the proposed transaction.
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June 10, 2026
Gemini on Wednesday took steps to join the Commodity Futures Trading Commission's prediction market battle with New York regulators, seeking to back the agency's jurisdiction as the platform fends off a separate New York enforcement suit targeting certain sports and election markets as illegal gambling.
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June 10, 2026
U.S. District Judge Jed Rakoff in the Southern District of New York on Wednesday threw out an investor suit accusing JPMorgan, Barclays and Fifth Third of facilitating a sprawling alleged fraud by Tricolor Holdings, the bankrupt subprime auto lender.
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June 10, 2026
A New Jersey federal judge sentenced a former TD Bank NA teller on Wednesday to two years in federal prison for accepting bribes and helping launder millions of dollars in drug proceeds through a scheme that transferred illicit money from the U.S. to Colombia.
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