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Latest News in Securities
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July 07, 2026
Sony's online banking unit is a step closer to setting up a crypto-focused U.S. trust company with a preliminary conditional charter from the Office of the Comptroller of the Currency.
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July 07, 2026
A Florida federal judge on Monday tossed a $25 million securities fraud case against William "Beau" Wrigley Jr., heir to the chewing gum fortune, and the cannabis company he used to run, finding that the allegations brought by investors fell outside the ambit of federal securities law.
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July 07, 2026
Attorneys representing investors in a derivative litigation over a sexual misconduct scandal involving former top real estate brokers at luxury residential firm Douglas Elliman were awarded $1.87 million in the Delaware Chancery Court on Tuesday for fees and expenses, about half their original request.
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July 07, 2026
Cryptocurrency trading platform Kraken has asked the Delaware Chancery Court to enforce a $22 million arbitration award it won against Mazars US LLP after the auditor suddenly quit the 2022 audit it was conducting for Kraken as the digital assets company came under a federal regulatory investigation.
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July 07, 2026
The Second Circuit on Tuesday found that a late investor in defunct retailer Bed Bath & Beyond can keep the profits from its sale of the company's stock, rejecting claims that a contractual cap on the investor's share ownership was a sham.
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