Capital Markets

  • September 24, 2026

    $16M Coinbase Crypto Thief 'Lolimfeelingevil' Gets 12 Yrs.

    A 23-year-old Brooklyn man who drained some 100 Coinbase accounts of $16 million by posing as a representative for the cryptocurrency exchange and bragged online about his heists was sentenced in state court Wednesday to 12 years behind bars, according to prosecutors.

  • September 24, 2026

    Texas Utility Commission Looks To Quash Coal Subpoena

    The Public Utility Commission of Texas is pushing back against a subpoena issued by BlackRock in a suit from Republican state attorneys general accusing asset managers of driving up coal prices by pressuring producers to lower their output to meet emission reduction goals.

  • September 24, 2026

    Mining Co. Investor Says Sprott Got Control Without Premium

    A Hycroft Mining shareholder has alleged in Delaware Chancery Court the company's board handed control of the business to Canadian billionaire Eric Sprott through a series of stock issuances without demanding a control premium, even as it was sitting on favorable information about a major discovery of silver.

  • September 24, 2026

    SPAC Settlements Drove Down Chancery Deal Values In 2025

    A surge in the number of settlements in the Delaware Chancery Court last year was driven by the end of litigation against special purpose acquisition vehicles, but settling investors received less money than at any point in the past five years, Cornerstone Research has said in a new report.

  • September 24, 2026

    NY Accuses Polymarket Of Illegal Gambling Operation

    New York sued Polymarket on Thursday alleging it runs an illegal gambling operation in the state through its sports prediction markets, the same day that Polymarket lodged its own suit accusing the state of intruding into the federal government's regulatory authority over derivatives trading.

  • September 23, 2026

    Huawei Used Joint Venture Talks For IP Heist, Jury Hears

    Jurors in the corporate criminal trial of Huawei saw evidence Wednesday suggesting proprietary information for Quintel Tech. Ltd.'s technology for improving cell phone reception was used in a patent application by a Huawei engineer amid joint venture talks, as prosecutors continued to assert the Chinese telecommunications giant made trade secret theft one of its central business strategies.

  • September 23, 2026

    SEC Issues Wave Of Industry Bars Over Past Violations

    As its fiscal year draws to a close this month, the U.S. Securities and Exchange Commission has issued a bevy of opinions barring defendants from the securities industry, following a D.C. federal judge's ruling earlier this year that a U.S. Supreme Court decision curtailing the agency's use of its administrative courts doesn't preclude the SEC's ability to pursue industry bans.

  • September 23, 2026

    WH Aide Says CFTC Needs Congress For Full Crypto Powers

    A White House crypto aide said Wednesday that Congress' failure to pass the Clarity Act leaves the U.S. Commodity Futures Trading Commission without authority over spot crypto markets, which could limit the agency's plans to stand up a digital asset framework in the absence of crypto market structure legislation.

  • September 23, 2026

    Microsoft Heads Face Derivative Action Over Inflection AI Deal

    Three Microsoft Corp. investors filed a shareholder derivative suit in Washington state court Monday over claims the company's leaders wrongfully approved a March 2024 licensing agreement with Inflection AI Inc. aimed at bailing out Microsoft co-founder Bill Gates and entrepreneur Reid Hoffman after their investments in the startup soured.

  • September 23, 2026

    Honeywell Aerospace Hit With Suit Over $2M DOJ Settlement

    Honeywell Aerospace is facing an investor suit alleging it failed to disclose a federal investigation that led to a $2 million settlement with the U.S. Department of Justice and that a small set of suppliers had a "disproportionate impact" on the aerospace and defense company's revenue.

  • September 23, 2026

    Curium Resets FTC Clock On $8B Lantheus Take-Private Deal

    Private equity-backed radiopharmaceutical company Curium reset the clock for the Federal Trade Commission's 30-day review of its plan to acquire fellow radiopharmaceutical company Lantheus Holdings Inc. in an $8 billion take-private deal.

  • September 23, 2026

    Crypto Co. Wins Bid To Send $100M RICO Suit To Arbitration

    A California federal court has granted data cloud platform Cerebellum Networks Inc.'s motion to compel arbitration in a former employee's $100 million suit accusing company executives of running a pump-and-dump cryptocurrency fraud scheme.

  • September 23, 2026

    Vein Tech Maker Escapes Suit Over DOJ Kickback Probe

    A New York federal judge has tossed, for now, a proposed investor class action alleging that vein disease device maker Inari Medical Inc.'s share price fell after it disclosed an investigation into its compliance with federal anti-kickback laws, finding the suit does not plausibly show Inari was paying healthcare providers unlawful kickbacks, among other things.

  • September 23, 2026

    Kalshi, NM Tribes Face Off Over Sports Bets On Tribal Land

    Attorneys for Kalshi and four New Mexico Indigenous nations clashed Wednesday in New Mexico federal court over whether the prediction market platform is operating unlawful Class III gambling on tribal lands in violation of the Indian Gaming Regulatory Act, with arguments centering on precedent and nonmember tribal activity.

  • September 23, 2026

    NY Judge Dismisses States' DOGE Treasury Data Access Suit

    A New York federal judge Wednesday tossed several states' lawsuit that challenged Department of Government Efficiency staff access to U.S. Department of the Treasury data, saying DOGE's dissolution rendered the states' access claims moot and that they failed to allege that any federal funding due to them was ultimately canceled.

  • September 23, 2026

    State Pols Urge Justices To Rein In Kalshi's Sports Offerings

    A coalition of state lawmakers has urged the U.S. Supreme Court to review a Third Circuit decision allowing Kalshi to keep its sports offerings online in New Jersey, emphasizing that sports betting oversight must be left to the states.

  • September 23, 2026

    A&O Leads Airtel Money's London Float In IPO Market Boost

    African financial technology company Airtel Money said Wednesday that it plans to list on the London Stock Exchange's main market, in a move that could help revive the moribund U.K. IPO market.

  • September 22, 2026

    4 Flashpoints In FDIC's Bid To Revamp Bank Merger Reviews

    The Federal Deposit Insurance Corp.'s new plan to overhaul its bank merger review process is aimed at delivering faster, more predictable decisions on deals, but some of its key provisions could spark friction as banks and their critics weigh in over the coming weeks.

  • September 22, 2026

    GOP Sen. Seeks Don Jr., Hunter Biden Biz Dealings Probes

    Sen. John Curtis urged Senate Judiciary Committee leaders to subpoena Donald Trump Jr. and Hunter Biden to testify about past business dealings with foreign individuals and entities, citing reports of a Russian oligarch and Vladimir Putin associate gifting the wedding after-party of President Donald Trump's oldest son in May.

  • September 22, 2026

    Microsoft Investor Seeks Records Around AI, Copilot Claims

    Microsoft Corp. is facing a lawsuit from a Washington shareholder seeking internal company records in order to investigate what the complaint calls "apparent wrongdoing of Microsoft's directors and officers," including possible insider trading, stock buybacks at artificially inflated prices and the use of copyrighted works to train artificial intelligence models.

  • September 22, 2026

    Kalshi Seeks CFTC OK For Event Contract Margin Trading

    Kalshi on Tuesday asked the U.S. Commodity Futures Trading Commission to sign off on a framework for allowing certain users to trade with borrowed funds, in a move aimed at drawing more institutional activity to the prediction market platform.

  • September 22, 2026

    SEC Fines Broker-Dealer Over System Security Failures

    The U.S. Securities and Exchange Commission on Tuesday ordered OTC Link LLC to pay $575,000 over allegations that the New York-based broker-dealer did not establish and enforce policies to ensure the security of the technology underpinning one of its alternative trading systems, despite several citations from examiners.

  • September 22, 2026

    OppFi SPAC Investors Get OK For $13M Post-IPO Flop Deal

    The Delaware Chancery Court on Tuesday approved a $13 million settlement to end litigation accusing special purpose acquisition company FG New America Acquisition Corp. and several of its executives and directors of overselling the value of merger target Opportunity Financial, whose stocks plummeted by some 80% after the take-public transaction.

  • September 22, 2026

    CFTC Warns Prediction Platforms Of 'Mention Market' Risks

    The U.S. Commodity Futures Trading Commission on Tuesday warned prediction market operators that offering wagers on whether a person will say certain words, interact with someone or attend an event comes with heightened manipulation risks that platforms must address before listing.

  • September 22, 2026

    SEC E-Delivery Plan Draws Access Concerns, Enviro Praise

    State regulators, labor unions and at least one member of Congress are among those urging the U.S. Securities and Exchange Commission to rethink a proposal that would allow issuers and market intermediaries to default to electronic delivery of investor documents, while Wall Street groups and environmental advocates praised the measure.

Expert Analysis

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    Taekwondo Makes Me A Better Lawyer

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    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • 4th Circ. Class Cert. Ruling Offers Tips For Damages Experts

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    The Fourth Circuit's recent decision reversing class certification in litigation against Boeing raises the cost of a bare-bones damages model proposal for plaintiffs, but it also clarifies what a defensible proposal should contain, say Alok Khare and Erica Rose at FTI Consulting.

  • Opinion

    A Guiding Principle For The SEC On Exempt Capital Markets

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    The U.S. Securities and Exchange Commission's recently proposed Regulation Crypto Assets borrows selectively from other capital-raising exemptions while giving crypto issuers materially different terms, and those unexplained differences reveal the need for a regulatory approach of presumptive parity, says Brian Christie at the Crowdfunding Professional Association.

  • What To Know As Legal Duty To Consider AI Takes Shape

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    While the U.K. Jurisdiction Taskforce’s recent statement on liability for artificial intelligence harms is nonbinding for both U.K. and U.S. lawyers, it highlights the importance of being able to distinguish between the availability of a tool and a professional obligation to use it, say Jonny Frank and Michael Costa at StoneTurn.

  • What Cos. Should Do During Stay Of Nasdaq Delisting Rule

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    The U.S. Securities and Exchange Commission recently approved — and subsequently stayed — Nasdaq's $5 million market value threshold for continued listing, giving companies additional time to evaluate financing opportunities, communicate with investors and consider strategic alternatives, says Joseph Lucosky at Lucosky Brookman.

  • 5 Lessons For VC Investors From Del. IPO Ruling

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    The Delaware Court of Chancery's recent dismissal of Rostov v. Alcon Research, a derivative action over a proposed initial public offering, provides multiple practice pointers for venture capital investors, including the importance of precisely worded corporate documents and pleading a coherent theory of corporate harm, says Ben Dubin at VC Expert Services.

  • SEC Rulemaking Radar: The Rubber Meets The Road

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    The U.S. Securities and Exchange Commission's new rulemaking agenda shows its regulatory reset taking shape, with sweeping crypto proposals that could bring the biggest changes it has made to broker-dealer, exchange and trading compliance in decades, says Christopher Grobbel at Goodwin.

  • Series

    Being In A Band Made Me A Better Lawyer

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    Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped develop the professional qualities I rely on as a litigator, including an ability to collaborate with strong-minded equals and the determination to treat each client with singular focus, says Eliad Shapiro at Herrick Feinstein.

  • 6 Key Takeaways From CFIUS Annual Report

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    Attorneys at Simpson Thacher review highlights from the annual report of the Committee on Foreign Investment in the U.S., released to Congress this month, including the launch of the American First Investment Policy and the Known Investor Pilot Program, and the agency's continued focus on enforcement despite its resource constraints.

  • How Drug Trial Prediction Markets Pose Insider Trading Risks

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    Multiple prediction market platforms have recently announced plans to offer event contracts related to clinical trial outcomes and regulatory decisions, creating new insider trading risks by expanding the group of people possessing related material nonpublic information far beyond traditional corporate insiders, say attorneys at King & Spalding.

  • Series

    Law School's Missed Lessons: Surviving A Long Trial

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    Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires the ability to maintain composure, organization and credibility with the jury, says Mihir Elchuri at Hirschler.

  • Upping Fed, FDIC's Insider Loan Cap May Ease Bank Burdens

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    Coordinated Federal Deposit Insurance Corp. and Federal Reserve proposals to raise the 1970s-era cap for bank executives borrowing from their institutions represent a long-needed regulatory recalibration that would lighten compliance obligations caused by the outdated ceiling without diminishing the original protections against conflicts of interest, say attorneys at Ballard Spahr.

  • How 2 SEC Financial Report Initiatives May Clash In Practice

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    The Securities and Exchange Commission’s near-simultaneous launch of a new unit to investigate fraud by accounting and audit professionals and its proposal to let public companies file less frequent financial reports sets up possible conflicts for issuers and their financial reporters that demand immediate strategic attention, say attorneys at Bracewell.

  • Recent OCC Charter Approvals Signal Fintech Momentum

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    The Office of the Comptroller of the Currency's recent charter approval for Circle, along with faster Federal Deposit Insurance Corp. review procedures, signals a more workable path to national bank and trust charters, meaning fintech firms should prepare regulator-ready applications and plan for intensified competition, say attorneys at Davis Wright.

  • Midyear Trends, Takeaways As Securities Class Actions Surge

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    High numbers of securities class actions through June suggest filings will stay elevated, with factors like changing enforcement attitudes, media scrutiny and the proliferation of potential defendants serving as both cause and effect in increased litigation involving AI-related disclosures, health and tech companies, and foreign issuers, say attorneys at Alston & Bird.

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