Capital Markets

  • August 14, 2026

    Taxation With Representation: Miller Thomson, Bennett Jones

    In this week's Taxation With Representation, GO Residential Real Estate Investment Trust and a consortium of buyers acquire H&R Real Estate Investment Trust, insurance exchange Accelerant goes private in a deal with Thoma Bravo, and Goldman Sachs acquires NEOS Investments.

  • August 14, 2026

    $1.3B Airtable Deal Highlights Software M&A Revival

    Italian software company Bending Spoons' plan to buy Airtable is highlighting a surge in software industry consolidation following a sharp reset in private market valuations, as artificial intelligence adds another layer of pressure on companies to sell.

  • August 13, 2026

    'Jump Must Litigate': 7th Circ. Clarifies Arb. Enforcement Rule

    The Seventh Circuit rejected trading firm Jump Trading LLC's bid to arbitrate a putative securities class action Thursday, finding that courts, not arbitrators, must decide whether disputes belong in arbitration when the parties haven't signed an arbitration agreement, furthering a circuit split and holding that "Jump must litigate."

  • August 13, 2026

    Spirit Execs Ax Investor Suit Over Pre-Ch. 11 Claims, For Now

    A Florida federal judge dismissed a lawsuit accusing Spirit Airlines' current and former top brass of misleading investors about the budget air carrier's prospects amid two bankruptcy filings, saying Thursday that the challenged statements are either corporate "puffery" or otherwise nonactionable, but the plaintiffs can rework their complaint.

  • August 13, 2026

    SEC Scraps Friday Meeting To Propose Crypto Regulations

    The U.S. Securities and Exchange Commission Thursday canceled closely watched plans to hold a public meeting Friday to potentially issue a proposed rule outlining a path forward for the trading of cryptocurrency assets under the agency's oversight.

  • August 13, 2026

    CFTC Flags Lapses In Event Contract Filings On Incentives

    U.S. Commodity Futures Trading Commission staff have said they've noticed an uptick in deficiencies in applications for incentive programs on event contracts and have laid out steps it believes exchanges or platforms must fulfill when self-certifying such programs.

  • August 13, 2026

    BNY Should Face Stanford Ponzi Suit In NJ, Judge Says

    A Texas federal judge recommended that a class action alleging the Bank of New York Mellon's involvement in R. Allen Stanford's Ponzi scheme be removed to New Jersey, saying the claims do not belong within the wider multidistrict litigation.

  • August 13, 2026

    NJ Man Admits To $47M Ponzi Scheme In Jewish Community

    A New Jersey man has admitted to federal prosecutors that he used his standing within his Orthodox Jewish community to defraud investors out of more than $47 million with a Ponzi-like scheme and now faces a suit from the U.S. Securities and Exchange Commission over the conduct.

  • August 13, 2026

    CIBC Deal Ends Hedge Fund's Pharma Stock Spoofing Suit

    A lawsuit accusing major banks of manipulating a former Canadian pharmaceutical company's stock and inflicting millions in losses on a hedge fund is drawing to a close after more than five years of litigation, according to a Thursday filing in New York federal court.

  • August 13, 2026

    3 Firms Guide Defense Tech Co. Aevex's $650M BlackSea Buy

    U.S. defense technology company Aevex Corp. said it has agreed to purchase BlackSea Technologies in a deal valued at about $650 million, with Kirkland & Ellis LLP and Crowell & Moring LLP advising Aevex and Cooley LLP representing BlackSea.

  • August 13, 2026

    Wolfspeed Escapes Investor Suit Over 'Optimistic' Projections

    A North Carolina federal judge has thrown out a proposed class action lawsuit accusing chipmaker Wolfspeed Inc. of deceiving investors about demand for its products, saying that the claims in the suit amount to "fraud by hindsight."

  • August 13, 2026

    Kalshi Must Suspend Most Wash. Offerings, Install Geofencing

    A Washington state court judge has blocked Kalshi from offering event contracts to state residents in most of its prediction market categories while the attorney general's legal challenge unfolds, setting deadlines for the platform to institute location-based geofencing, while spurning the company's bid to maintain operations pending appeal.

  • August 13, 2026

    Bezos Backs Liverpool Deal, GameStop May Pivot, And More

    Jeff Bezos could be nearing his first foray into sports team ownership with a stake in Liverpool FC, GameStop may be rethinking its $55.5 billion pursuit of eBay, and Anthropic is talking with investors about launching the largest initial public offering ever. 

  • August 13, 2026

    Exec Gets 2 Years For Role In $380M Ponzi Scheme

    A former financial advisory group executive who federal prosecutors said used investor money gleaned from a $380 million Ponzi scheme to buy herself a house was sentenced Thursday to two years in prison after pleading guilty to money laundering in March.

  • August 13, 2026

    SEC May Vote To Ease Pay-To-Play Rules This Year

    The U.S. Securities and Exchange Commission has informed the White House that it could soon move forward with plans to loosen the rules around political contributions made by investment advisers, regulations that SEC Chair Paul Atkins has recently called "a trap for the unwary."

  • August 13, 2026

    NYC Bar Committee Calls For Nationwide AI Rules Framework

    A New York City Bar Association committee concluded in a policy paper published Wednesday that artificial intelligence tools "may assist legal work but cannot substitute for professional legal judgment," calling for a national framework to be built into the Model Rules of Professional Conduct governing its use.

  • August 12, 2026

    WSJ Says Binance Sued Because It's Unhappy With Facts

    The publisher of the Wall Street Journal on Wednesday urged a Manhattan federal judge to deep six a defamation suit brought by Binance over reporting about internal investigators at the crypto exchange who were allegedly fired after flagging Iranian sanctions violations, saying the company is just unhappy with the way the Journal reported the facts.

  • August 12, 2026

    Trump Sued Over 'Corrupt' $100K Early Truth Social Access

    Online news outlet The Intercept and the Freedom of the Press Foundation sued President Donald Trump Wednesday in New York federal court, accusing him of violating the Constitution with an "extraordinary, corrupt, and unconstitutional" scheme by allowing paying customers to receive advance access to official presidential announcements through Truth Social.

  • August 12, 2026

    Compliance Officer's Partner Traded On Deal Info, SEC Says

    The U.S. Securities and Exchange Commission has accused a Texas man of trading on inside information about an Asahi Kasei acquisition that he allegedly learned from a now-former romantic partner who at the time was a compliance director at an Asahi subsidiary. 

  • August 12, 2026

    Broad Street Can't Use Trump Order To Dodge SEC Suit

    A Florida federal judge refused to dismiss a U.S. Securities and Exchange Commission suit against a private equity firm accused of defrauding investors in a $1 billion fund, saying a 2025 executive order by President Donald Trump does not allow the firm to duck the SEC's allegations.

  • August 12, 2026

    9th Circ. Upholds Ex-ITT Students' $12M Loan Fraud Win

    The Ninth Circuit Wednesday affirmed a $12 million judgment to former students of bankrupt for-profit college ITT Education Services Inc., saying their RICO claims against student loan servicers weren't time-barred because evidence showed the students had no way of knowing they were being scammed more than four years before they filed suit.

  • August 12, 2026

    NYC Probes Polymarket, Kalshi Over Ads Targeting Minors

    The New York City Council announced Wednesday that it is investigating Kalshi, Polymarket, Coinbase and Gemini Titan for potentially false, deceptive or abusive advertising tactics for their prediction market platforms, expressing concerns about marketing directed toward young people.

  • August 12, 2026

    Zillow Investors Urge Justices To Reject Post-Goldman Case

    Zillow investors have asked the U.S. Supreme Court not to hear a lawsuit over the company's shuttered homebuying business, arguing that the justices should reject Zillow's request to apply a "new, stricter rule" for certifying shareholder class actions.

  • August 12, 2026

    SEC Rejects Egan-Jones' Bid To Rate Gov't Securities, ABS

    The U.S. Securities and Exchange Commission on Wednesday denied Egan-Jones Ratings Co.'s bid for official recognition of its government bond and asset-backed securities ratings, ruling that the company's application for recertification contained inaccurate information about the company's ABS offerings.

  • August 12, 2026

    Novig Loses Bid To Halt NY Action Over Prediction Market

    A New York federal judge has refused to grant a temporary restraining order that would block the state from taking action against prediction market Novig, stating she was following the lead of another judge in her district who issued a similar ruling against Kalshi.

Expert Analysis

  • 3 Private Suits Test Influencer Ads As FTC Stays On Sidelines

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    Three lawsuits filed so far this year illustrate how influencer campaigns are facing growing scrutiny from private plaintiffs, despite the Federal Trade Commission not bringing an influencer marketing enforcement action since revising its endorsement guides to address the topic in 2023, but brands can take concrete steps to reduce the risks, says Gonzalo Mon at Kelley Drye.

  • 3 Upcoming Deadlines That EB-5 Investors Should Consider

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    Potential EB-5 regional center investors should weigh three approaching deadlines, the most immediate of which is Sept. 30, that may affect their filing strategy, required capital commitment and ability to participate even if Congress fails to reauthorize the program, says Michael Ashoori at Ashoori Law.

  • AI, Prediction Markets Lead Securities Developments In 2026

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    Securities class actions tied to artificial intelligence and the battle over prediction market regulation both raise novel questions that courts are only beginning to address and that will continue to resonate throughout the second half of the year, say attorneys at Skadden.

  • Where Is The Line On Actionable Comms In Securities Cases?

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    Recent securities cases demonstrate the difficulty in discerning a clear difference between statements made in connection with the purchase or sale of securities and those that aren't, with that line more likely attributable to individualized factual situations than to any doctrinal differences of opinion between various courts, says Samuel Groner at Fried Frank.

  • Tips For Issuers Left In Lurch Without Genius Act Final Rules

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    The compliance runway envisioned by the Genius Act is steadily shrinking after regulators failed to finalize all the required implementing regulations by July 18, so stablecoin issuers should begin implementing "no-regrets" compliance measures and securing outside vendors before the law takes full effect in January, says David Zaslowsky at Baker McKenzie.

  • Series

    Teaching SEC Investigations Makes Me A Better Lawyer

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    Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

  • What's Inside Proposed, Expanded NY Stablecoin Regulations

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    New York's recently proposed regulations for payment stablecoin issuers would, if adopted, increase the regulatory burdens of a state license, and midsize issuers considering a conversion to a federal charter should weigh the associated costs of both options, say attorneys at Lowenstein Sandler.

  • High Court, SEC Proposals Set Stage For Further Fund Reform

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    The U.S. Supreme Court's recent decision in FS Credit Opportunities v. Saba Capital Master Fund and the U.S. Securities and Exchange Commission's proposed rulemaking packages aimed at public market reforms provide a constructive backdrop for considering additional innovations to the listed fund structure, say attorneys at Debevoise.

  • AG Watch: Minn. Defends Prediction Markets Ban

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    Minnesota Attorney General Keith Ellison has aggressively defended the state's landmark statute banning prediction markets, but the court's July 27 temporary injunction in U.S. v. Minnesota blocking the law from taking effect could set the template for state authority across the country, say attorneys at Crowell & Moring.

  • Series

    Judges On AI: Examining Administrative, Organizational Uses

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    U.S. District Judge Alan Albright of the Western District of Texas examines how artificial intelligence could transform a court's ability to deal with administrative work and organize materials when preparing for hearings or drafting opinions, thereby affording judges more time to resolve contested issues.

  • From Order To Regulation: How EOs Are Reshaping Banking

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    The pattern of regulatory activity emerging in the wake of the Trump administration's first 18 months of executive orders makes clear that financial institutions should treat presidential directives as early warning signs and not wait for final rules to assess the accompanying compliance impact, says Jonathan Kolodziej at Bradley.

  • Using Disclosure Process Defense In Securities Fraud Cases

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    Courts' recent endorsement of the involvement-of-counsel defense in securities fraud litigation has clarified that its use depends on how evidence is used, carrying important lessons for presenting evidence of a disclosure process to undermine scienter, say attorneys at Sidley.

  • How 9th Circ. 'Shadow Trading' Case May Affect Private Credit

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    Private credit firms should not wait for a result in the Ninth Circuit appeal in U.S. Securities and Exchange Commission v. Panuwat to address material nonpublic information exposure under existing statutes and take steps to ensure their internal policies and surveillance are ready for increased regulatory scrutiny, says Steve Brown at StarCompliance.

  • FDIC Proposals Mark Pullback In Bank Resolution Rules

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    A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolution-related capabilities from a mandatory exercise to a voluntary one supported by significant financial incentives, amounting to an overall reduction in reporting requirements, say attorneys at Moore & Van Allen.

  • Series

    Being A Singer Makes Me A Better Lawyer

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    Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.

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