Capital Markets

  • July 20, 2026

    Auto Parts Co., Investors Ink $12.8M Deal In Merger Suit

    Automotive equipment manufacturer Holley has reached a $12.8 million settlement with investors who accused it of concealing declining business trends following a 2021 merger with a special purpose acquisition company.

  • July 20, 2026

    CFTC Has 'Lost Its Way' On Prediction Markets, Ex-Chair Says

    Former U.S. Commodity Futures Trading Commission Chair Timothy Massad said Monday that the agency has "lost its way" with a prediction market rule proposal that misinterprets the agency's mission and statutes to turn it into a national sports betting regulator.

  • July 20, 2026

    Celsius' Goldstein Owes $2M, Banned From Crypto Trading

    The former chief technology officer of Celsius Network must pay more than $2 million to the Federal Trade Commission as part of a settlement alleging the company's leaders knowingly made false statements to customers before the platform went bankrupt, a New York federal judge has ordered.

  • July 20, 2026

    4th Circ. Overturns Class Cert. In Boeing Investor Case

    The Fourth Circuit on Monday reversed class certification granted in an investor lawsuit against Boeing over the company's alleged concealment of safety issues with its 737 Max fleet, finding that neither the plaintiffs nor the lower court met the standards for certification set in a 2013 Supreme Court ruling.

  • July 20, 2026

    SEC Says Crypto Mining Co. Misused $20M From Investors

    A Florida-based businessman and his company have partially settled claims from the U.S. Securities and Exchange Commission in Massachusetts federal court accusing them of fraudulently raising over $20 million with misrepresentations that investors would be repaid with funds based on the output of crypto mining assets.

  • July 20, 2026

    Meta Slips Suits Over Pump-And-Dump Scam Ads, For Now

    A California federal judge has tossed two proposed class actions claiming Meta's artificial intelligence tools enabled schemes advertised on Facebook and Instagram that caused nearly $30 million in investor losses, saying the litigation aligns with a recent ruling finding such state claims are barred under federal securities law.

  • July 20, 2026

    Kalshi's Prediction Market Biz Facing Shutdown In Washington

    A Washington state court judge on Monday granted the state's bid to preliminarily enjoin Kalshi's operations in the state, agreeing with Attorney General Nick Brown that the prediction market platform offers unlicensed sports wagering and other illegal online gambling activities.

  • July 20, 2026

    Weedmaps $7.5M Investor Deal Gets Preliminary Approval

    A California federal judge on Monday granted preliminary approval to a $7.5 million settlement to end claims that Weedmaps inflated its monthly average users metric after going public, causing its stock to drop when the truth came out.

  • July 20, 2026

    Trump Media Settles Claims With Ex-SPAC CEO In Fla. Suit

    The corporation that operates President Donald Trump's Truth Social website agreed to dismiss its lawsuit against the former CEO of a special purpose acquisition company over a botched public offering following a settlement between the parties in Florida state court. 

  • July 20, 2026

    Simpson Thacher Points To Audit Issues In Malpractice Trial

    A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP endured a withering cross-examination in Florida state court Monday over his companies' money flows and an auditor's refusal to certify their financial statements two years after the fundraising transaction he believes the firm botched.

  • July 20, 2026

    PE-Backed Sandwich Chain Jersey Mike's Targets $1B IPO

    Private equity-backed sandwich chain Jersey Mike's Subs on Monday revealed terms for an estimated $1 billion initial public offering steered by Simpson Thacher & Bartlett LLP and Davis Polk & Wardwell LLP.

  • July 20, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week tackled disputes involving intellectual property, corporate control, fiduciary duties, artificial intelligence, trust administration and cryptocurrency litigation.

  • July 20, 2026

    A Snapshot Of Prediction Markets Litigation: Midyear Report

    Fierce litigation over sports offerings on prediction market platforms came to define the first half of the year for the sports betting industry. Here, Law360 breaks down the moments that defined prediction market litigation in the first half of 2026 and what attorneys will be watching in the months to come.

  • July 18, 2026

    Kalshi Unwound Mich. Trades Before CFTC Order, Court Told

    Kalshi told a Michigan judge that it will remain in compliance with a court order that instructed it to unwind certain residents' sports trades because it has no way to meet a U.S. Commodity Futures Trading Commission directive to defy the court and reinstate the contracts.

  • July 17, 2026

    Wealth Management Co. To Pay $1.85M In SEC's Scam Case

    A California federal judge has ordered a purported wealth management company and its managing member to pay $1.85 million to the U.S. Securities and Exchange Commission stemming from a pair of fraud schemes, including one involving an elaborate ruse invoking ties to the wealth of the royal family of Qatar.

  • July 17, 2026

    Desktop Metal Exec Tipped Pals On Merger, SEC Says

    An ex-officer at 3D printing technology company Desktop Metal and two of his friends have settled claims from the U.S. Securities and Exchange Commission accusing them of using nonpublic information to direct and make trades ahead of a 2021 acquisition announcement.

  • July 17, 2026

    Trader Chats Keep Deutsche Bank In UK Bond-Rigging Case

    A New York federal judge has ruled that Deutsche Bank must face a proposed class action accusing it of conspiring with other big banks to fix U.K. government bond prices, finding that newly alleged trader chats provide "smoking gun" evidence allowing the case to proceed.

  • July 17, 2026

    NM Wants CFTC's Prediction Market Enforcement Suit Axed

    The state of New Mexico told a federal judge that a U.S. Commodity Futures Trading Commission suit over prediction market regulation shouldn't stand, since the agency can't show how it's been harmed by the state's attempts to enforce its gaming laws against Kalshi.

  • July 17, 2026

    Deutsche Bank Can Pursue Billionaire Vik Over $243M Order

    A Connecticut appeals court on Friday revived a Deutsche Bank lawsuit against billionaire Alexander Vik, concluding that the bank's prior litigation loss did not bar a second lawsuit accusing Vik and his daughter of disrupting a Norwegian software company's share sale designed to partially satisfy a $243 million English court judgment.

  • July 17, 2026

    Don't Miss It: Willkie, Orrick 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.

  • July 17, 2026

    Rakoff Tells Investors Big Banks Were Tricolor Fraud Victims

    U.S. District Judge Jed S. Rakoff has entered an opinion explaining why he tossed an investor suit last month accusing JPMorgan, Barclays and Fifth Third of facilitating a fraudulent scheme by bankrupt subprime auto lender Tricolor Holdings, saying the suit does not establish the banks' motivations.

  • July 17, 2026

    Del. High Court Says Jarkesy Doesn't Extend To State Cases

    The Delaware Supreme Court has declined to apply the U.S. Supreme Court's Jarkesy holding to a state securities fraud suit arising from an administrative enforcement action brought by the state's Investor Protection Unit, finding there are no similar common-law cases requiring the right to a jury trial.

  • July 17, 2026

    6th Circ. Won't Rehear Mark Cuban-Backed FINRA Challenge

    A Sixth Circuit panel has declined to grant a full rehearing of a constitutional challenge of the Financial Industry Regulatory Authority's in-house disciplinary proceedings brought by the owner of a financial consulting company that had support from billionaire entrepreneur Mark Cuban.

  • July 17, 2026

    Dems Raise Alarm DOJ Will 'Rubber-Stamp' Fox's Roku Buy

    Democratic lawmakers are targeting both Fox Corp.'s planned purchase of Roku and the Justice Department that will review it, in a letter announced Friday lambasting the deal itself and pushing the agency under Associate Attorney General Stanley E. Woodward Jr. not to be "corrupted by influence-peddling or political favoritism."

  • July 17, 2026

    Ex-SEC Worker's Son Posted Probe Info Online, OIG Says

    The U.S. Securities and Exchange Commission's Office of Inspector General said Friday that prosecutors declined to prosecute a now-retired SEC employee for purportedly sharing information about an active enforcement investigation with her son, who then posted information about the matter on social media.

Expert Analysis

  • Opinion

    AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • When Class Certification Issues And Crypto Nuance Collide

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    A New York federal court's recent ruling in In re: Tether and Bitfinex highlights that crypto companies should expect courts to apply conventional class action principles to novel digital asset markets, albeit with careful attention paid to the unique features of crypto trading, say attorneys at Duane Morris.

  • Series

    Watching Hallmark Movies Makes Me A Better Lawyer

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    I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.

  • Stablecoin Yield Reform Raises Stakes For Community Banks

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    Risks for community banks are heightened by the Clarity and Genius Acts, which establish stablecoin market parameters and may lead to traditional bank fund withdrawals in the long term, but a recent Senate amendment to the former bill could prevent deposit runoff, says Thomas Walker at Jones Walker.

  • How Iran War Might Reshape Proxy Contests This Year

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    The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.

  • What FINRA Enforcement Changes Mean For Investigations

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    It is essential for in-house counsel and compliance officers to familiarize themselves with the Financial Industry Regulatory Authority's recently announced changes to its enforcement program, which offer both clearer visibility into FINRA's expectations and a valuable opportunity to strengthen regulatory readiness, say attorneys at Eversheds Sutherland.

  • One Idea To Fix The SEC's Risk Factor Disclosure Rules

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    U.S. Securities and Exchange Commission Chairman Paul Atkins recently invited the industry to suggest ways to reform the current risk factor disclosure framework, and amending Rule 10b-5 is one potential option to consider, say attorneys at A&O Shearman.

  • SEC Guidance Further Solidifies Status Of Tokenized Assets

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    The U.S. Securities and Exchange Commission recently released a statement that tokenized securities are securities governed by traditional securities laws, representing continued regulatory clarity and the development of expanded technical standards and risk management guidelines that can only improve the long-term viability of financial markets, say attorneys at Barnes & Thornburg.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • Opinion

    Clarity Act Would Clear Welcome Pathways For Blockchain

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    The framework proposed under the Senate Banking Committee's version of the Clarity Act creates reasonable compliance obligations and meaningful token-distribution opportunities that would open the door for more U.S.-based blockchain projects, without the heightened risk of securities litigation and regulatory enforcement, says Karen Ubell at Goodwin.

  • How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

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    In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

  • 6 Noteworthy Changes From SEC Enforcement Manual Update

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    Recent updates to the U.S. Securities and Exchange Commission’s enforcement manual represent a commitment to transparency and fair process, with the signature change being a requirement that staff make certain probative evidence available during the Wells process, say attorneys at Debevoise.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • What Texas Anti-Boycott Ruling Means For ESG Landscape

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    A Texas federal court's recent ruling in American Sustainable Business Council v. Hegar that Texas' anti-ESG law is unconstitutional on First Amendment grounds will likely embolden legal challenges to similar laws in other states that have adopted fossil fuel boycott statutes, say attorneys at ArentFox Schiff.

  • How To Wield The Clarity Act As A Litigation Defense Tool

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    The Clarity Act is being discussed as a future compliance statute, but for litigators it can be used as a present-day defense tool to strengthen fair‑notice framing, argue for forward‑looking remedies rather than punitive ones and reprice settlement leverage as statutory clarity approaches, say attorneys at Baker McKenzie.

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