Capital Markets

  • June 26, 2026

    Ingram Micro Investor Sues Over Margin Loan To PE Owner

    An institutional investor has brought a derivative lawsuit in Delaware's Chancery Court accusing California technology company Ingram Micro Holding Corp.'s controlling stockholder of exploiting its power to facilitate a margin loan that put stockholders at risk of major losses and violated the company's trading policy.

  • June 26, 2026

    Fintech Execs Tell 11th Circ. Token Wasn't Security

    Two former executives at fintech company Hydrogen Technology Corp. have asked an Eleventh Circuit panel to vacate their convictions and sentences, arguing there was insufficient evidence to support the charges that they conspired to manipulate the market for Hydrogen's digital assets.

  • June 26, 2026

    High Court To Issue Big Decisions In Term's Final Days

    As the U.S. Supreme Court enters the final days of its term, the justices still have several major decisions to issue, including some concerning birthright citizenship, the president's power to remove independent agency officials, transgender athletes and election rules. 

  • June 26, 2026

    11th Circ. Told Loan Program Wasn't Commodities Investing

    An imprisoned foreign currency trader urged an Eleventh Circuit panel Friday to undo a $62 million fraud-related judgment in the Commodities Futures Trading Commission's lawsuit accusing him of misappropriating investor cash, arguing the money was lent to him and he wasn't pooling funds. 

  • June 26, 2026

    3 Firms Steer Cargo Drone Co.'s $800M SPAC Merger

    Autonomous heavy-cargo drone developer Elroy Air Inc. announced Friday it plans to go public through a merger with a blank check company, in a deal that values the business at $800 million and is being steered by DLA Piper, White & Case and Kirkland.

  • June 26, 2026

    Don't Miss It: Sidley, Cooley Steer Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals. Here, Law360 recaps the ones you may have missed, including transactions helmed by Sidley Austin LLP and Cooley LLP.

  • June 25, 2026

    Sens. Want CFTC Restricted From Prediction Markets Suits

    A group of 17 Democratic senators has called on a U.S. Senate subcommittee to prohibit the U.S. Commodity Futures Trading Commission from using federal funds to prevent states and tribes from enforcing their gambling laws against prediction markets as litigation over the legality of their offerings continues to spread.

  • June 25, 2026

    FDIC Calls For Narrower Resolution Plans, Assessment Cuts

    The Federal Deposit Insurance Corp. on Thursday floated new rules that would significantly scale back its resolution-planning requirements for large banks and slash the banking industry's annual deposit insurance assessment bill by $4 billion, or roughly a third.

  • June 25, 2026

    CFTC, Prediction Market Trade Group Back Kalshi At 6th Circ.

    The U.S. Commodity Futures Trading Commission and a prediction market trade group are pressing the Sixth Circuit to affirm sole federal oversight of event contracts in separate briefs that argued state gambling laws are a poor fit to regulate trading on real-world events.

  • June 25, 2026

    Kalshi Says NM Tribes Lack Power Over Its Sports Contracts

    Kalshi is asking a New Mexico district court to dismiss a challenge by four Indigenous nations trying to block the prediction market platform from offering online sports betting within Indian Country, arguing that allowing the tribes to exercise regulatory authority will enable hundreds of other tribes to follow suit.

  • June 25, 2026

    Ellenoff, Morgan Lewis Lead NuCube's $500M Go-Public Deal

    Nuclear technology business NuCube Energy Inc., valued at $500 million, announced Thursday that it will become a publicly listed company through its merger with blank check company Launch Two Acquisition Corp., in a deal steered by Ellenoff Grossman & Schole LLP and Morgan Lewis & Bockius LLP.

  • June 25, 2026

    SEC's Peirce Says Trade Suspension Appeals Belong In Court

    The U.S. Securities and Exchange Commission on Thursday denied a request by a penny stock company to terminate a COVID-era trading suspension against it, but Commissioner Hester Peirce wrote in a separate concurrence that she believes suspended companies can appeal directly to a federal appellate court without going through the agency first.

  • June 25, 2026

    Dell Shareholders Approve Legal Move To Texas

    Dell Inc.'s shareholders approved a proposal to move the company's legal home from Delaware to Texas, the company's founder and CEO Michael Dell announced Thursday on social media.

  • June 25, 2026

    Kan. Proxy Adviser Law Blocked For Viewpoint Discrimination

    A Kansas federal judge agreed to block a state law from taking effect amid lawsuits brought by proxy advisory firms Glass Lewis & Co. LLC and Institutional Shareholder Services Inc., which claim the law is unconstitutional and imposes burdensome requirements on issuing recommendations that go against corporate management's wishes.

  • June 25, 2026

    California Trader Admits To $1.3M Securities Spoofing Scheme

    A day trader has pled guilty in California federal court and reached a settlement with the U.S. Securities and Exchange Commission over claims that he defrauded the market and made $1.3 million in ill-gotten gains by orchestrating a spoofing scheme with securities backed by foreign companies.

  • June 25, 2026

    White & Case Leads Aerospace Parts Biz's Upsized $919M IPO

    Aerospace engine maker DPC Holdings, known as Doncasters Group, hit the public markets on Thursday after raising $919 million in its upsized initial public offering.

  • June 25, 2026

    Paramount Preps JV Divestiture, Bumble Eyes Sale, And More

    Paramount is preparing to divest its film distribution joint venture with Universal Pictures as part of an effort to appease European regulators, as the company looks to close its planned $110 billion of acquisition of Warner Bros. following U.S. approvals, according to a Reuters report. Among other notable reports, Abu Dhabi's MGX has raised nearly $50 billion for an AI-investment venture, apparel company Reformation is said to be preparing for an IPO, and the dating app Bumble may be mulling a sale. 

  • June 24, 2026

    OKX's Legal Bench Gets Overhaul From Former NY Regulator

    Cryptocurrency exchange OKX made a splash this week when it announced that former New York Gov. Andrew Cuomo will lead a new joint venture with Intercontinental Exchange. But behind the scenes, a longtime Cuomo associate has been quietly remaking the once-embattled company's legal department into a "competitive advantage" as the business seeks a foothold on Wall Street.

  • June 24, 2026

    It's Time To End Charges Against Indian Industrialist, Judge Told

    An industrialist and two co-defendants urged a New York federal judge Wednesday to let federal prosecutors drop a fraud case concerning funding for a colossal Indian solar energy project and accept an $18 million deal with securities regulators, saying out-of-court talks revealed the criminal case's "legal and factual weaknesses."

  • June 24, 2026

    EV Charging Co. Lenders, Ex-CEO Escape Liquidity Woes Suit

    A New York federal judge has trimmed claims and dismissed several defendants from a proposed investor class action against the current and former executives of bankrupt electric-vehicle charging infrastructure company Charge Enterprises Inc., who they allege concealed a liquidity crisis involving the company's founder and his investment advisory firm that allegedly precipitated Charge's bankruptcy.

  • June 24, 2026

    Morgan Stanley Gets Initial OCC Nod To Launch 'Digital Trust'

    The Office of the Comptroller of the Currency has given an initial green light for Morgan Stanley to move forward with its plans to launch a cryptocurrency-focused trust bank, a first for one of Wall Street's banking giants.

  • June 24, 2026

    Engineer Traded Off Microsoft's Nuclear Plans, Feds Say

    An ex-Constellation Energy engineering manager was accused in an indictment in Delaware federal court and by the U.S. Securities and Exchange Commission of trading securities using nonpublic information about the company's confidential plans with Microsoft Corp. to potentially relaunch an inactive nuclear reactor.

  • June 24, 2026

    Kentucky Is Latest State To Catch CFTC Prediction Market Suit

    The Commodity Futures Trading Commission has hit back against Kentucky regulators with a suit defending its jurisdiction over event contracts, after the state brought enforcement actions against several prediction market platforms alleging they violate the state's consumer protection and gambling laws by offering unlicensed sports wagering.

  • June 24, 2026

    SEC Pressed To Curtail Hedge Fund, VC Reporting Rules

    Venture capital firm Andreessen Horowitz and Ropes & Gray LLP are urging the U.S. Securities and Exchange Commission to rewrite the definition of "hedge fund" before putting into place proposed regulations on what those funds have to disclose about their holdings.

  • June 24, 2026

    Cleary-Led Korean Tech Giant SK Hynix Targets $29B US IPO

    South Korea-based flash memory chipmaker SK Hynix on Wednesday filed plans with U.S. regulators for an initial public offering that could raise up to $29.4 billion.

Expert Analysis

  • Anticipating The SEC's Cybersecurity Focus After SolarWinds

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    While the U.S. Securities and Exchange Commission's recent voluntary dismissal of its enforcement action against SolarWinds Corp. and its chief information security officer marks a significant victory for the defendants, it does not mean the SEC is done bringing cybersecurity cases, say attorneys at MoFo.

  • How Selig May Approach CFTC Agricultural Enforcement

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    As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.

  • How 3 CFTC Letters Overhauled Digital Asset Guidance

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    The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • OCC Rulemaking May Clear Haze Around Trust Banks' Scope

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    A recent Office of the Comptroller of the Currency proposal at last eliminates uncertainty around whether national trust banks can engage in nonfiduciary activities, but it does not address which activities are permissible or whether a minimum amount of fiduciary activity is required, say attorneys at Davis Polk.

  • Justices' BDO Denial May Allow For Increased Auditor Liability

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    The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.

  • Digital Assets May Be In For A Growth Spurt In 2026

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    All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

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    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

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