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Capital Markets
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January 30, 2026
Tesla Gets Del. Justices To Cut $100M From Investor Atty Fees
The Delaware Supreme Court on Friday handed Tesla a win, reducing by roughly $100 million the attorney fees awarded to shareholder counsel as part of an excessive director compensation suit settlement, rejecting the lower court's fee calculation.
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January 30, 2026
Litigation Funder Suit Against Janus Henderson Can Proceed
A lawsuit that claims a Janus Henderson Group subsidiary schemed to take over a mass torts litigation funder can go forward, after a Delaware Chancery Court judge ruled the funder's case was compelling enough to survive a motion to dismiss.
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January 30, 2026
5th Circ. Gives Lumen Investors Another Shot In Lead Suit
The Fifth Circuit determined Friday that a group of shareholders should get another chance to amend their proposed class action accusing Lumen Technologies Inc. of not disclosing potential liabilities related to its lead-wrapped cables, saying the lower court did not sufficiently explain why it would not allow them to amend their suit after dismissing it.
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January 30, 2026
SEC Appoints New PCAOB Chair, Board Members
A new chairman and three new board members have been appointed to the Public Company Accounting Oversight Board, according to an announcement from the U.S. Securities and Exchange Commission on Friday.
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January 30, 2026
Short Seller Seeks Exit From Blockchain Co.'s Defamation Suit
A short seller claimed an Illinois federal court lacks both subject-matter and personal jurisdiction to hear a defamation suit brought by a blockchain-focused artificial intelligence firm, saying the suit should be tossed because the parties and the allegations in the case have no meaningful connection to Illinois.
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January 30, 2026
Startup Founder Ran $37M 'Ponzi-Like' Scheme, SEC Says
A Silicon Valley software startup owner faces U.S. Securities and Exchange Commission claims he defrauded at least 100 would-be investors as he raised $37 million, using their money to cover his and his company's expenses in a Ponzi-like scheme.
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January 30, 2026
Robbins Geller To Lead Dow Investors' Tariff-Impact Suit
Robbins Geller Rudman & Dowd LLP will lead a proposed class of investors accusing raw materials supplier Dow Chemical Co. of overstating its ability to withstand economic uncertainty related to tariffs, according to an order signed Friday by a Michigan federal judge.
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January 30, 2026
Reed Smith Brings On Gibson Dunn In $102M Award Feud
Reed Smith LLP has told a New York federal court that it has retained Gibson Dunn & Crutcher LLP to represent it in connection with a motion for sanctions, stemming from a dispute tied to a joint venture involving international shipping company Eletson Holdings.
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January 30, 2026
Mining SPAC's $270M IPO Starts Trading As 3 Firms Advise
Shares of M‑EVO Global Acquisition Corp II began trading Friday after the blank check company priced an upsized $270 million initial public offering, selling 27 million units at $10 each, according to a company statement.
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January 30, 2026
Blackstone-Backed Liftoff Mobile Joins Growing IPO Pipeline
Private equity-backed technology firm Liftoff Mobile has launched plans to raise an estimated $711 million in its initial public offering, joining a crowded pipeline of IPO prospects that are slated to go public during the first week of February.
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January 30, 2026
Warsh Clinches Trump's Nomination For Fed Chair
President Donald Trump is nominating former Federal Reserve Gov. Kevin Warsh to lead the central bank as its next chairman, elevating a critic of the Fed's leadership as the White House pushes against its traditional independence.
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January 29, 2026
Robbins Geller To Lead CarMax Investors' Tariffs-Linked Suit
Robbins Geller Rudman & Dowd LLP will represent a proposed class of CarMax Inc. investors in a suit accusing the used car retailer of mischaracterizing a bump in sales caused by consumers trying to get ahead of the Trump administration's tariffs as a sign of sustainable growth.
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January 29, 2026
Crypto Investor Says Cos. Can't Intervene In $40M Award Fight
A cryptocurrency investor urged a Delaware federal court to stop two companies from joining an effort to vacate his $40 million arbitral award over an alleged bitcoin scheme, saying the companies' interests are already protected by involved parties.
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January 29, 2026
Ex-Synapse Compliance Chief Settles FINRA Supervisory Case
The former chief compliance officer of a subsidiary of bankrupt fintech company Synapse has agreed to a $20,000 fine and yearlong suspension to settle the Financial Industry Regulatory Authority's allegations he failed to preserve certain books and records ahead of the firm's collapse.
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January 29, 2026
Luminar Sues Semiconductor Co. To Recover On $2.2M Loan
Bankrupt self-driving vehicle technology developer Luminar Technologies has hit Next Semiconductor with a suit in Texas bankruptcy court alleging the chipmaker has defaulted on a $2.2 million loan while "wrongly" suggesting Luminar's Chapter 11 proceedings somehow exempt it from paying the debt.
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January 29, 2026
Trump SPAC Fights Chancery's $25K Daily Sanction Ruling
The blank check company that took Trump Media & Technology Group Corp. public last year says it has been "unfairly trapped in a procedural morass" after a Delaware Chancery Court magistrate held the company in contempt and ordered it to pay sanctions over its refusal to pay an over $2 million legal fee advancement bill.
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January 29, 2026
SEC Lays Out Taxonomy For Tokenized Securities Trading
Publicly traded companies that convert their shares into cryptocurrency are still subject to U.S. Securities and Exchange Commission regulations, agency staff said Wednesday as they outlined a classification scheme for trading in tokenized securities.
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January 29, 2026
CFTC's Selig Eyes Prediction Markets Rules In Debut Speech
U.S. Commodity Futures Trading Commission Chairman Michael Selig on Thursday delivered his first public remarks as the agency's leader, laying out an agenda that includes setting rules for prediction markets and collaborating closely with the U.S. Securities and Exchange Commission on a variety of cryptocurrency initiatives.
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January 29, 2026
Tribal Gaming Groups' Support Blocked In Tenn. Kalshi Case
A Tennessee federal judge has denied a bid by tribal groups including the Indian Gaming Association and the National Congress of American Indians to file an amicus brief in prediction market Kalshi's suit against state gambling regulators over the company's sports wagers.
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January 29, 2026
FINRA Fines Compliance Chief, Firm For Reg BI Failures
The Financial Industry Regulatory Authority has fined a broker-dealer and its chief compliance officer for allegedly failing to supervise representatives' recommendations of certain risky and illiquid bonds, with the latter also agreeing to a three-month suspension.
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January 29, 2026
6th Circ. Backs Gov't In $125K Crypto Forfeiture Case
The Sixth Circuit has sided with the U.S. government in a suit over its rights to more than $100,000 in allegedly laundered cryptocurrency, ruling the previous receivers of the funds missed the deadline to bring a claim after the government seized the assets.
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January 29, 2026
Inspire Medical Leaders Face Suit Over Apnea Device Rollout
Brass of Inspire Medical Systems Inc. face shareholder derivative claims they breached their fiduciary duties by concealing issues affecting the launch of the company's latest sleep apnea device, damaging investors after its trading prices fell 32% when the issues were disclosed.
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January 29, 2026
Wachtell-Led International Paper To Split Into 2 Public Cos.
International Paper said Thursday it will split its operations into two separate publicly traded companies, retaining a North American entity while creating a new company for its Europe, Middle East and Africa operations.
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January 29, 2026
GOP-Led Crypto Bill Clears Senate Panel In Party-Line Vote
The Senate Agriculture Committee advanced a Republican-led proposal to regulate crypto markets on Thursday with a vote that fell starkly along party lines after Democrats made clear they would not support the bill without provisions to prevent public officials from profiting from crypto ventures.
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January 29, 2026
3 Companies Begin Trading After Raising $1.3B In IPOs
Satellite maker York Space Systems began trading publicly Thursday after raising $629 million in its upsized initial public offering, joining Brazilian digital banking platform PicPay and insurance platform Ethos Technologies, both of which also made their public debuts Thursday.
Expert Analysis
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
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.
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Series
Playing Tennis Makes Me A Better Lawyer
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.
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OCC Rulemaking May Clear Haze Around Trust Banks' Scope
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.
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Justices' BDO Denial May Allow For Increased Auditor Liability
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.
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Digital Assets May Be In For A Growth Spurt In 2026
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.
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Series
Judges On AI: How Judicial Use Informs Guardrails
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.
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Cybersecurity Must Remain Financial Sector's Focus In 2026
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.
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2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto
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.
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Presidential Pardon Brokering Can Create Risks For Attys
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.
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Series
Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief
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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Series
Law School's Missed Lessons: How To Start A Law Firm
Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.
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5 Compliance Takeaways From FINRA's Oversight Report
The priorities outlined in the Financial Industry Regulatory Authority's recently released annual oversight report focus on the organization's core mission of protecting investors, with AI being the sole new topic area, but financial firms can expect further reforms aimed at efficiency and modernization, say attorneys at Armstrong Teasdale.
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How SEC Civil Penalties Became Arbitrary: 3 Potential Fixes
Data shows that the U.S. Securities and Exchange Commission's seemingly unlimited authority to levy monetary penalties on market participants has diverged far from the federal securities laws' limitations, but three reforms can help reverse the trend, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.
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Opportunities Amid The Challenges Of Trump's BIS Shake-Up
The Trump administration’s continuing overhaul of the Bureau of Industry and Security has created enormous practical challenges for export compliance, but it potentially also offers a once-in-a-generation opening to advocate for simplifying and rationalizing U.S. export controls, say attorneys at Gibson Dunn.
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How SEC Civil Penalties Became Arbitrary: The Data
Data regarding how the U.S. Securities and Exchange Commission has adhered to its own civil penalty rules over the past 20 years reveals that awards are no longer determined in accordance with the guidelines imposed on the SEC by the securities laws, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.