Capital Markets Archive » July, 2023

Capital Markets - July, 2023

341 articles

• CFPB Can't Call Services 'Promises,' Credit Repair Co. Says
• Judge Won't Toss SEC's Terraform Suit, Rejects Ripple Ruling
• EV Maker Rivian, Investors Referred To Private Mediation
• SEC Fights To Keep Annuity Commissions Suit Alive
• Deutsche Bank Urges Chancery To Stop Vik's 'Perfect Crime'
• Crypto Cos. Genesis, FTX Reach Deal On Bankruptcy Claims
• Crypto Trader Rips DOJ Fraud Theory As 'Unchartered Waters'
• SEC Sues Crypto Founder And Projects Over $1B In Offerings
• Catching Up With Delaware's Chancery Court
• Ex-SVB Atty Rejoins Simpson Thacher As Partner In New York
• Zooz Power To Go Public Via SPAC Merger
• Chancery Axes Inovalon Investor Suit Over $7.3B Deal
• 3 Firms Lead Francisco Partners, TPG In $6.5B New Relic Buy
• The Compliance Chiefs Who've Faced Legal Hot Water In '23
• Jailing SBF Only Way To Stop Witness Intimidation, Feds Say
• Ripple Order Complicates Crypto Bankruptcies, Say Judges
• Feds Seek Atty DQ In $1B Fraud Case Involving Bannon Ally
• Tivity Appeals Nutrisystem Merger Investor Class Cert, Again
• Crypto Fraud Could Fall On Auditors' Heads, SEC Warns
• Libor Investors Ask Justices To Decide When Claims 'Foreign'
• Stablecoin Bill Passes House Committee After Daylong Debate
• Musk Attys 'Wasting' Court Time With Dogecoin Sanction Call
• Supreme Court Urged To Reverse SEC's Civil Penalty Win
• UK Litigation Roundup: Here's What You Missed In London
• Binance, Execs Want CFTC 'Sham' Compliance Suit Tossed
• Ex-HSBC Exec Says Ciminelli Should End $3.5B Fraud Rap
• Florida Man Raised $35M In Fake Investment Plan, SEC Says
• Blockchain Software Co. Founder Sues In Del. For Merger Info
• FTX Customers Say Crypto Banks Helped SBF Steal $8B
• The Hurdles Of Class Noticing In Crypto Class Actions
• GOP Crypto Framework Advances Out Of 2 House Committees
• Parsing FTC's Intercontinental-Black Knight Merger Challenge
• Mallory Gives Plaintiffs A Better Shot At Justice
• Citgo Claims To Be Decided In Order, Del. Federal Judge Says
• Feds Drop Campaign Finance Charge Against Bankman-Fried
• Feds Unveil Plan To Raise Bank Capital Requirements
• Ex-1 Global Chair Used Investor Money For Himself, Feds Say
• Bitcoin 'Inventor' Fights Sanctions Over Financial Disclosure
• Feds Ask To Halt JP Morgan's $175M Frank Buyout Suit
• PDVSA Says $2B In Defaulted Bonds Cannot Be Enforced
• Investment Firm To Pay $3M For Stolen Money, Forgery Claims
• Divided SEC Finalizes Cybersecurity Rule For Public Cos.
• SEC Announces Planned Crackdown On AI Advising
• Womble Bond Adds Bankruptcy Partner Trio In NY
• Feds Say Bankman-Fried Should Be Jailed Ahead Of FTX Trial
• Fruit Farm Investor Sues Over Management After $560M Deal
• 2 Firms Will Lead LoanDepot Derivative Suit In Delaware
• These Firms Have The Most Diverse Equity Partnerships
• 2nd Circ. Partly Renews Fatburger's Fraud Suit In Failed Loan
• Bank Groups Slam Fed's Stress Test 'Secrecy' As Unlawful
• SEC Injunction Bid In Ponzi Suit May Be Invalid, Judge Says
• Venezuela Says Creditor Can't Get In On Citgo Auction
• Covington May Face Uphill Battle If It Appeals SEC Win
• NJ Justices To Hear $1.4B Merck Cyberattack Coverage Case
• CFTC Says 'Blessings Thru Crypto' Was Actually $6M Fraud
• Banc Of California, PacWest Ink Tie-Up Steered By 4 Firms
• Catching Up With Delaware's Chancery Court
• Miami Heat Star Butler Says Binance Tweets Not Deceptive
• Legislation Before Congress Could Reshape Crypto's Future
• MetaBirkin NFT Artist To Appeal TM Trial Loss To Hermes
• Flagstar Bancorp Says Customers Can't Prove Hack Injury
• CFIUS Clampdown Will Deter Allied-Country Investment
• Sidley Adds DLA Piper's Fla. Corporate Practice Co-Chair
• DC Circ. Ruling Could Mean FINRA Hearings Are On Thin Ice
• Otterbourg Taps Ex-Deutsche Director As Securities Lead
• Celsius Founder Taps Defense Pro Mukasey For Fraud Case
• Law360's Diversity Snapshot: What You Need To Know
• Libor-Rigging Case Against Ex-Rabobank Trader Dropped
• To Survive Scrutiny, Banks Should Craft Careful D&O Policies
• Firms Seek To Co-Lead TD Bank First Horizon Deal Suit
• Split 5th Circ. Orders Injunction In Election Betting Site Suit
• Chancery Chides Both Sides In AMC Stock Split Battle
• Judge Backs DLA Piper's Sanctions Bid In Malpractice Suit
• Big Lenders Should Bear More Failed Bank Costs, FDIC Told
• Financer Says It Was Duped Into $13M Inventory Investment
• Full 2nd Circ. Won't Reconsider Musk's Bid To Undo SEC Deal
• Crypto Co. Quantstamp To Pay SEC $3.5M Over ICO Claims
• Yoga Video Co. Says Investor Suit Is A Stretch
• Election Betting Platform Could Harm Democracy, CFTC Told
• Norton Rose Hires Corporate Partner To Grow Chicago Office
• SEC Says 2nd Stock Fraud Trial For Conn. Atty Isn't Needed
• From Crypto To Cyber Probes: Top SEC Cases So Far In '23
• SEC v. Ripple Labs Decision Could Change Crypto Regulation
• Polsinelli Avoids Sanctions, More Damages In Fraud Suit
• NJ Jury Awards Mortgage Servicer $22.6M In Contract Spat
• Blockchain Utopia Dream Fades Following Gemini Fraud Suit
• Bankman-Fried Says Giving Docs To NYT Was Free Speech
• UBS To Pay $387M In US, UK Fines Over Credit Suisse Lapses
• Courts Can Overturn Deficient State Regulations, Too
• Shaq Tells Judge His NFTs Were For Gamers, Not Investors
• Congress Spotlights Crypto In Bills And Budget Requests
• SEC's Fraud Claims Passed Muster Before Deal, Rakoff Says
• SEC Fines Adviser Monroe Capital $1M Over SPAC Conflicts
• Rocket Co. Astra Shareholder's Del. Suit Cleared To Launch
• Ex-NFL Pro Must Take Down Posts On 'Shark Tank' Investor
• Judge Says Investor Suit Over China Reform Should Be Axed
• Trump-Linked SPAC Says Settlement Clears Path For Merger
• Acquitted Ex-Forex Trader Seeks DOJ Antitrust Docs, Again
• Ripple Ruling Is A Critical Win For Crypto Industry
• AMC Retools $115M Stock Split Deal After Chancery Rejection
• Stinson Adds Corporate Finance Partners In DC, NYC
• Blackstone's 5 Biggest Bets As Firm Tops $1T In Assets
• Ropes & Gray Adds Kirkland Funds Partner In DC
• Bankman-Fried Leaked Ex's Diary, Feds Say In Gag Order Bid
• Ex-Engineer Pays $560K To Close Betting App Trading Case
• Biggest Washington Decisions: A 2023 Midyear Report
• Former Acting OCC Head Joins Crypto Co. Hashdex's Board
• Tales From The Trenches Of Remote Depositions
• FTX Wants Hundreds Of Millions Back From SBF, Other Execs
• Bank Failures Boosted Shareholder Suits, Report Finds
• FTX Trading Sues In Del. To Recoup Over $71M
• Mineral Co. Investors' Attys Seek $600K In Moot Merger Suit
• Terraform Says FTX Docs Are Crucial For Its SEC Defense
• Trump-Related SPAC To Pay SEC $18M Over Truth Social Bid
• Starbucks Directors Face Investor Suit Over Anti-Union Stance
• $4M Deal In Hemp Merger Suit Gets Judge's Endorsement
• CFTC, Private Sector Actions May Aid Carbon Market Integrity
• Kirkland Leads European PE Firm In $668M Debut Fund
• 3 Alternatives To CRE Collateralized Loan Obligations
• March Trial Set For Trump Media Co. Insider Trading Case
• Deals Rumor Mill: Ramsay Sime Darby, THL, Roivant
• Deutsche Bank Denies Initiating Failed Case Against Ex-Trader
• Dutch SPAC Looks To Buy Electric-Vehicle Maker For $233M
• HighVista's Abrdn Private Biz Buy Boosts Assets To $9B
• CVC Capital Clinches €26B Europe-Americas Fund
• Bipartisan Sens. Eye Crypto AML Amendment To Defense Bill
• Morgan Stanley, Goldman Want Out Of Archegos Suit, Again
• SEC's Gensler Calls CFTC 'Not As Robust' On Crypto
• Ex-SEC Officials Tell 5th Circ. To Vacate SEC Buyback Rule
• Faruqi & Faruqi Wins Bid To Lead Crypto Miner IPO Suit
• Energy Storage Investment Ramps Up In First Half Of 2023
• Pension Fund Says It Lost $33.6M Over Pharma Co.'s Actions
• Receiver Must Answer Claims About Plaintiff Atty Payments
• AmTrust Can't Send Coverage Tiff To Arbitration, Insurer Says
• Lawmakers Use Ripple Ruling To Tout Bills, Slam SEC
• Bain Capital Closes $1.15B Inaugural Insurance Fund
• Sterling Bancorp Sentenced To Pay $27M For Securities Fraud
• Investor Sues Dental Tool Co. Leaders, Alleging Pay Scheme
• Consumers' $2.9M Deal With Harrison Poultry Gets Initial OK
• Broker-Dealers Must Prepare For Daily Calculation Rules
• Stratasys Blasts Nano's Track Record In Tender Offer Denial
• TPG To Pay $1.4B For Nextech As Part Of Health Care IT Push
• Israeli Beauty Company Prices Upsized $424M IPO
• Sullivan & Worcester Names New Managing Partner In NY
• Investment Tech Platform Anduin Raises $15.6M Series B
• Fed Fines Deutsche $186M Over AML, Sanctions Controls
• Proposals By Fed's Barr Could Mean Big Changes For Banks
• Court Sinks Short-Seller's Defamation Suit In Texas
• Crypto Cos. Say Investors Can't Sue Over $186M Hack
• Meta Judge Rips 'Kitchen Sink' Suit Over Apple Ad Changes
• SEC Fines Fifth Third Securities Over Muni Bond Disclosures
• GreenLight Shareholders Sue In Del. For Company Books
• Ex-Nevada Bank CEO Named Receiver For Crypto Custodian
• SEC Fines Ex-Merck Regulatory VP For Insider Trading
• Platinum Execs Did Not Cause Investor Losses, Judge Says
• WaPo Wants Out Of $3.8B Trump Defamation Suit
• 7 Trials To Watch In The Second Half Of 2023
• EJF Capital Raises $470M For Litigation Finance Fund
• Catching Up With Delaware's Chancery Court
• AT&T Calls Black-Owned PE Firm's Race Bias Suit 'Offensive'
• Polsinelli Fights Sanctions Bid For Privilege Use In Fraud Suit
• Latham-Led Ares To Buy Asia's $3.8B Crescent Point Capital
• SEC's Gensler 'Disappointed' In Ripple Ruling, But Undeterred
• 5th Circ. Urged To Undo SEC Ruling On Ideological Bias Proxy
• Amazon Brass Wants Consolidated Stockholder Suits Tossed
• Anderson Kill Taps Boutique Leader For Corporate Practice
• Court Won't Toss Monopolization Case Over Securities IDs
• PDVSA Seeks Impossibility Defense For $55M In Unpaid Notes
• Citgo Auction Will Proceed As Planned, Del. Judge Says
• Investors Tell Chancery Katapult SPAC Defenses Won't Fly
• NYSE Owner, Black Knight 1 Step Closer To $11.7B Deal
• Westlake Village BioPartners Launches $450M Fund
• Cos. Need To Pay Attention To NY's LLC Transparency Act
• OpenSea Verdict Backs DOJ Digital Asset Insider Trading View
• Israeli Beauty Co. Ups Price Range For Planned US IPO
• Stratasys Pursuing Talks With 3D Systems After $2B Bid
• SEC, Ripple Likely To Head To 2nd Circ. After Token Ruling
• Judge Slams Ex-Frank Exec's Bid To Exit JPMorgan's Suit
• 3rd Circ. Clarifies Civil Disgorgement Isn't Double Jeopardy
• GC For Public Company Auditor Watchdog Steps Down
• BlockFi Knew FTX Was No Good, Creditors Allege
• 2 Firms Steer ESG-Focused SPAC's $300M Public Debut
• Robbins Geller To Lead Carbonite Stock-Drop Class Suit
• Feds Say Crypto Maven's Latest Con Merits Bail Revocation
• Nerve Stimulator Co. Again Beats Investor Suit Over $78M IPO
• Post-Pandemic Hospitality Trends To Watch At Midyear 2023
• Cantor Fitzgerald To Pay SEC $1.4M Over Reporting Failures
• 3 Firms Steer Upsized Biotech IPOs Raising $385M Combined
• Oppenheimer Profited Off $120M Ponzi Scheme, Investors Say
• Level Up Lawyers' Business Development With Gamification
• Musk Calls For 'All Available' Atty Sanctions In Dogecoin Spat
• LoanDepot Faces New Derivative Suit In Delaware
• CFTC Actions Signal Its Lead Role In Carbon Offsets Policing
• Insurer Settles $36M Crypto Theft Coverage Suit
• Attys Want $16.8M For Societe Generale Rate-Rigging Deal
• REIT Makes Competing Bid For Fellow Mortgage Trust
• Chinese Solar Co. Investors' Attys Get $4.2M For $21M Deal
• House GOP Threatens Crackdown On Proxy Advisers
• Judge Warms To Idea SEC Understood Coinbase Well
• Quarles 'Very Convinced' Fed's Stress Tests Are Illegally Run
• US Xpress Investor Attys Nab $4.3M Fee For Settlement
• Better World SPAC To Liquidate After Calling Off Merger
• Surf Air Mobility Pushes Direct Listing Date To July 27
• 3D Systems Launches $2B Boosted Bid For Stratasys
• Mallory Ruling Leaves Personal Jurisdiction Deeply Unsettled
• Binance Promotes Ex-Skadden Atty To GC Amid Probes
• NY, NJ Regs Give Clarity To Cannabis Investors, Ancillaries
• Deals Rumor Mill: AXA SA, Syngenta, Bain Capital
• Ripple, SEC Claim Victories In Split Ruling On Token's Status
• UBS Gets Nod On $2.5M Tax Reporting Deal With Bondholders
• Celsius Founder Indicted As Feds Ramp Up Crypto Offensive
• Congress Urged To Stop 'Hijacking' Of Shareholder Proposals
• Adviser Attacks SEC's Liquidity Rule In Bid To Escape Suit
• Citibank's Argentina Branch Can't Sue Ex-Exec, 2nd Circ. Says
• Revised Senate Crypto Bill Tells A Tale Of Two Regulators
• Ex-Platinum Execs Cleared Of 1 Count After High Court Ruling
• SEC Proposes Speedier Customer Deposits For Brokers
• Raymond James Settles For $13M Over Excess Commissions
• Allianz Unit Sentenced For $6B Fraud As It Winds Down
• Scott + Scott To Rep Investors In Bored Ape NFT Promo Suit
• Biden's 3 Federal Reserve Picks Move Ahead To Full Senate
• Despite Economic Ambiguity, Restructuring Still Strong In '23
• Milbank Adds Ex-Dechert Private Equity Co-Head In Duo Hire
• Boxed Gets OK For IP Sale, Liquidation Plan Vote
• Pryor Cashman Takes Over Fraud Case Of Bannon Ally Kwok
• PE Firm Welsh Carson Nabs $5B For Its Largest-Ever Fund
• Prisoner Hits Pot Co. With Stock-Drop Suit
• Singapore's Quadria Selling FV Hospital Stake For $381M
• Asia-Focused SPAC Begins Trading After $60M IPO
• Broker-Dealer Ladenburg Sues Client Over Unpaid M&A Fee
• Stablecoin Issuer, Customers Want Volatility Suit In NYC
• 5 Ways Firms Can Rethink Office Design In A Hybrid World
• Divided SEC Approves Reforms To Money-Market Fund Rules
• Silvergate Wants Investor Suit Over Crypto Ties Axed
• LBRY Says It Will Close Down After SEC's Win
• Investors Fight Robinhood's Bid To End Suit Over $2.1B IPO
• BlockFi Says Hong Kong-Based Lender Ran Off With $6M
• Coal Ash Co. Investor Sues In Del. For Details On Sale Plan
• WaPo Wants Trump Media's $3.8B Suit Moved To Fed. Court
• Judge Axes 'WallStreetBets' Founder's TM Suit Against Reddit
• Ex-Amazon Coder Charged With $9M Crypto Exchange Hack
• Corporate Transparency Act Compliance For DAOs Is Unclear
• C-PACE Laws Offer Boost For Sustainable Development
• Mortgage Servicer's Flubs Led To $40M Loss, NJ Jury Hears
• 4 Firms Guide Nuclear Fission Startup's $850M SPAC Merger
• Moroccan Accused Of Spoofing Site To Steal Crypto, NFTs
• Bar Score Is Best Hiring Metric Post-Affirmative Action
• Same Judge To Hear Atty's 2nd Trial After Jury Poll Gaffe
• Merrill Lynch Fined $12M Over Red Flag Detection Failures
• Mallinckrodt Hit With Investor Suit After Mulling 2nd Ch. 11
• Judge Stalls Tech Founder's $28M Suit Against JPMorgan
• GOP Reps Press Fed's Powell To Rev Up SVB Doc Hunt
• Class Counsel Awarded $2.2M In FXCM Investor Suit
• GOP Lawmakers Want Crypto Broker's China Ties Investigated
• Delaware Justices Say Delisted Co. Has No Financial Privacy
• SVB Parent Demands FDIC Fork Over $1.9B Account Funds
• Nano Heats Up Stratasys Bidding War With New $1.6B Offer
• SPAC Backer Denies Wrongdoing In $2.6B Casino Deal
• Disbarred Atty To Pay $243M For Student Loan, Crypto Scam
• Coinbase Knew Securities Laws Applied, SEC Tells Judge
• Robbins Geller To Lead Amgen Investors In $10B Tax Bill Suit
• Catching Up With Delaware's Chancery Court
• Winston & Strawn Adds Former Paul Weiss Atty In Chicago
• Jones Walker Client Rips 'Erroneous' DQ In $1.2B Fraud Case
• Israel's Oddity Tech Leads 3 IPOs That Could Net $625M Total
• Fed's Barr Calls For Stronger Big-Bank Capital Standards
• Conn. Atty Says SEC 'Detached From Reality' In Judge Spat
• Hartfield Titus Sues MarketAxess In Del. Alleging Deal Breach
• Binance Bid To Dismiss Investor Suit Is Denied For Now
• DC Circ. Rules US Agency Exempt From Sunshine Act
• KnowBe4 Shareholders In Talks To Resolve Del. Merger Suits
• Venture-Backed Startups Cinch Belts To Survive Lean Times
• Experian Strikes Back At 'Threadbare' Credit Investigation Suit
• Gemini Brings Fraud Suit Against DCG Over Earn Program
• Beacon Roofing Will Buy Back $804.5M In Stock From PE Firm
• Slack Decision Adds Urgency For Finalized SPAC Rules
• 5 Strategies For Restructuring Underperforming CRE Loans
• Quinn Emanuel Slams DQ Bid In Musk-Dogecoin Brawl
• Starboard Urges Energy Co. Algonquin To Sell Renewables Biz
• Alleged Bitcoin Escrow Fraudsters To Repay Investors $5.4M
• Ghosting In BigLaw: How To Come Back From Lack Of Feedback
• Rising Star: Dechert's Jennifer Rees
• Taxation With Representation: Wachtell Lipton, Gibson Dunn
• CFTC Nabs $10M In Restitution, Penalties For Forex Fraud
• Judge Lets Ex-Platinum Exec's Conviction Stand, Amid Doubt
• Bitfinex Receives $300K After Gov't Seizure Of Hacked Funds
• Judge Urges Genesis, FTX To Keep Talking In $3B Claim Row
• Coinbase Wins Bid To Arbitrate Suit Over Data Safeguards
• FTX, SEC, 3AC Take Issue With BlockFi Bankruptcy Plan
• Oil Co. Shareholder Sues To Block $7.6B Chevron Merger
• The Redemption Of 'Too Big To Fail' After SVB Collapse
• Deals Rumor Mill: Saudi Sports, Credit Suisse, Shein IPO
• Andretti-Backed SPAC Inks Letter Of Intent With AI Biz
• Crypto M&A Disputes Expected To Heat Up Through 2023
• Vedder Price Adds Ex-MetLife Associate GC To DC Practice
• FIS Selling Worldpay Stake To PE Firm GTCR In $18.5B Deal
• Paul Hastings Hires 2 Ex-Goodwin Attys To Head Practices
• SEC FOIA Docs Over Crypto Conflicts Deemed Inadequate
• SEC Fines COVID Test Maker, Execs Over Disclosures
• Wrigley Heir, Cannabis Co. Must Face $25M Investor Suit
• SEC Draws Ire By Letting Broker-Dealer Research Relief Lapse
• EV Maker Rivian Can't Ditch Investor Fraud Suit Over IPO
• Investors Say Fla. Bank Converted Shares To Benefit PE Firms
• SEC Secures $424K Judgment From Crypto Platform Coinseed
• Rocket Mortgage Can't Trim Investors' Fraud Suit
• Winklevoss Makes 'Final Offer' To DCG Over $1.4B Payment
• CFTC Inks Settlement In $13.2M Forex Trading Scheme
• Lone Star Wants $216M Win Enforced Against S. Korea
• US Chamber Urges 5th Circ. To Vacate SEC Buyback Rule
• Hydrogen Fuel Maker Sets €2.5B IPO Pricing
• Conn. Justices Clarify Strict Foreclosure In JPMorgan Case
• Steps To Success For Senior Associates
• SEC Crypto Settlements Run Contrary To Public Interest
• SEC Pans Conn. Atty's Bid For New Judge In Fraud Case
• Automatic Arbitration Win For Cos. May Come With Pitfalls
• Polsinelli Faces Sanctions Bid For Privilege Use In Fraud Suit
• Dechert Adds Proskauer Hedge Fund Team In NY
• Bankman-Fried's Encrypted Texts Complicate Criminal Case
• Rising Star: Sullivan & Cromwell's Alan Fishman
• Rising Star: Simpson Thacher's Jessica Asrat
• Can M&A Bounce Back After Dismal First Half Of 2023?
• Trump-Linked SPAC Inks $18M Proposed Deal With SEC
• Chicken Price-Fixing Case Pared Down As Trial Approaches
• Lehman Should Pay $58M For Trial Fees, Insurer Says
• VR Capital Says PDVSA Knew 2020 Bonds Were Void All Along
• Nasdaq Discloses Coinbase Role In BlackRock Bitcoin ETF
• 3 Takeaways From The Supreme Court's Session
• Law360 Podcasts Untangle A Week Of Blockbuster Rulings
• The Funniest Moments Of The Supreme Court Term
• The Sharpest Dissents From The Supreme Court Term
• Jackson Debuts As Chattiest Justice
• Chancery Says Neither Side Wins In Failed E-Scooter Deal
• Judge Reduces Potential Damages For Polsinelli In Fraud Suit
• Legal Profession Must Do More For Lawyers With Disabilities
• Rising Star: Davis Polk's Roshni Banker Cariello
• Pfizer, Seagen Merger Tops Largest M&A Deals Of 2023
• The Supreme Court Can't Fix The SEC's In-House Court Issue
• Future FinTech To Pay $1.65M SEC Fine Over Accounting
• Catching Up With Delaware's Chancery Court
• Breaking Down The Vote: The High Court Term In Review
• The Firms That Won Big At The Supreme Court