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Capital Markets
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January 08, 2026
Opendoor Investors Get Final OK For $39M Deal, Atty Fees
An Arizona federal judge has granted final approval of a $39 million settlement between real estate firm Opendoor Technologies Inc. and its shareholders to resolve their claims that the company overhyped its pricing algorithm software, closing out the litigation that began in 2022.
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January 08, 2026
Sen. Ag Committee To Hold Crypto Markup Next Week
The Senate Agriculture Committee intends to hold its own markup of a bill to regulate crypto markets the same day as its Banking Committee counterparts, a spokesperson confirmed Thursday.
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January 07, 2026
Trader Asks Wary Colo. Appeals Court To Award $10M Penalty
A Colorado appellate panel pushed back Wednesday on an ex-trading director's bid for a $10 million statutory penalty against his former employer following a $6.8 million judgment against the natural gas marketing company for failing to pay him a bonus on lucrative trades made during a 2021 winter storm.
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January 07, 2026
Ex-Exec Says Dominium Wrongly Fired Him And Withheld $80M
A former executive at Dominium Development and Acquisition LLC has sued his former employer in the Texas Business Court, saying Dominium wrongly fired him and claimed he forfeited over $80 million in unvested partnership interests when it was the company that violated the employment agreement.
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January 07, 2026
Prime Capital CEO 'Baffled' His Co. Was Sued For $5M
The CEO of Kansas-based Prime Capital Investment Advisors LLC said Wednesday he was "baffled" competitor Wealth Enhancement Group LLC filed a $5 million lawsuit against his company for poaching a Connecticut financial adviser he later fired for alleged misconduct, including misrepresentations during an underlying Minnesota lawsuit.
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January 07, 2026
Trump Family-Tied Stablecoin Co. Seeks Bank Charter
The Trump family-tied crypto company World Liberty Financial said Wednesday that it's filed an application with the Office of the Comptroller of the Currency to become a national trust bank as it looks to expand its stablecoin business, drawing the ire of one lawmaker, who called the application a conflict of interest.
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January 07, 2026
2 European Fintechs Seek OCC Bank Charters
Two European fintechs are seeking sign-offs from the Office of the Comptroller of the Currency to set up U.S. banks, including a firm planning to issue its own stablecoin.
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January 07, 2026
BlackSky Satellite SPAC Suit Settles In Del. For $7.5M
Special purpose acquisition company Osprey and several of its top brass on Wednesday reached a $7.5 million deal to resolve litigation in Delaware Chancery Court alleging they protected their buy-ins while leaving public investors to suffer losses following a merger with satellite imaging company BlackSky.
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January 07, 2026
Tribal Gaming Orgs. Back Bid To Block Kalshi Contracts
A slew of tribal gaming groups, including the Indian Gaming Association, are supporting a bid to limit sporting event contracts offered by Kalshi and Robinhood, arguing the tribal organizations have a "shared, strong interest" in a Wisconsin federal court case over the matter.
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January 07, 2026
ISS Asks Judge Not To Stall Ruling On Texas ESG Law
Institutional Shareholder Services Inc. is pushing back on Texas' request to delay a ruling on the constitutionality of a law requiring proxy advisory firms to disclose when voting recommendations are based on environmental, social or governance factors, arguing that the state hasn't shown how additional discovery "will make any difference" to the case.
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January 07, 2026
Ex-TD Bank Employee Cops To Aiding Money Laundering
A former TD Bank assistant store manager has copped to a single money laundering conspiracy charge in connection with New Jersey federal prosecutors' claims that he took bribes to aid a money laundering network that ultimately moved $474 million through the bank.
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January 07, 2026
Jones Day Adds Ex-SEC Deputy Enforcement Director In Ga.
Jones Day has added to its Atlanta investigations and white collar defense practice a former deputy enforcement director of the U.S. Securities and Exchange Commission, the firm announced on Wednesday.
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January 07, 2026
Binance Taps Ex-SEC, Coinbase Atty To Head Global Litigation
Binance has brought on a former senior Coinbase lawyer and veteran U.S. Securities and Exchange Commission enforcement attorney to serve as its global head of litigation.
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January 07, 2026
Healthpeak Tees Up IPO Plans For Senior Housing REIT
Healthpeak Properties Inc. said Wednesday it submitted plans to regulators for the formation of a real estate investment trust dedicated to senior housing and the launching of an initial public offering for the company.
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January 07, 2026
Convicted Oil Trader Agrees To $1.7M Forfeiture For Bribes
A former Freepoint Commodities LLC and Arcadia Fuels Ltd. oil trader convicted of paying bribes to Brazilian officials has reached a $1.7 million forfeiture agreement with federal prosecutors, who initially asked the Connecticut court for $7.8 million.
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January 07, 2026
Paul Weiss-Led D-Wave To Buy Quantum Circuits For $550M
Paul Weiss Rifkind Wharton & Garrison LLP-advised quantum computing company D-Wave Quantum Inc. unveiled plans Wednesday to acquire Quantum Circuits Inc. in a $550 million cash and stock deal.
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January 06, 2026
Ex-CFTC Chair, Robinhood's Top Atty Join FINRA Board
Former U.S. Commodity Futures Trading Commission Chair Rostin Behnam and the chief legal officer for popular trading app Robinhood Markets are among those whose appointment to the board of Financial Industry Regulatory Authority was announced on Tuesday.
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January 06, 2026
Crypto Exec Says SEC Can't Silence Jurisdictional Defense
A crypto executive fighting a pump-and-dump suit by the U.S. Securities and Exchange Commission has urged a federal judge to deny the agency's request to strike his jurisdictional defenses, arguing the Florida federal court must decide those questions because they raise issues that have not already been litigated.
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January 06, 2026
Financial Firm Seeks $5M From Rival That Lured Adviser
Minnesota-based financial planning firm Wealth Enhancement Group LLC has asked a Connecticut Superior Court judge to issue a $5 million damages and costs verdict against a rival accused of hiring a WEG adviser and scheming to draw an alleged $27 million in assets under management into its coffers.
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January 06, 2026
Drugmakers Fight Multifront Legal Battles Over GLP-1s
In the wake of U.S. Food and Drug Administration approvals for GLP-1 weight-loss drugs, surging public demand and massive profits have inspired a broad range of drugmaker litigation against competitors, alleged counterfeits and telehealth providers.
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January 06, 2026
Rick Perry's AI Energy Co. Hit With Post-IPO Lawsuit
An artificial intelligence infrastructure company co-founded by former Texas Gov. Rick Perry is facing a proposed class action accusing it of overselling its key development in order to secure $745.7 million through an initial public offering.
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January 06, 2026
4th Circ. Asked To Revive Experian Credit Investigation Suit
Experian Information Solutions Inc. violated its statutory duty by failing to reinvestigate and later approving a clearly erroneous credit report that resulted in a refused mortgage application, the report's subject told the Fourth Circuit in an attempt to revive his class action lawsuit.
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January 06, 2026
Ill. Judge Trims Most Of Walgreens Shareholder Suit
An Illinois federal judge on Monday dismissed most claims in a lawsuit alleging Walgreens inflated share prices by concealing the lack of viability of its pharmacy division and primary care investment, warning shareholders not to "waste judicial resources" in amending their allegations by claiming straightforward statements are misleading "absent a coherent argument as to why."
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January 06, 2026
Bankers Urge Senate To Ban Stablecoin Yield Payments
The American Bankers Association is doubling down on efforts to convince policymakers to outlaw yield payments for stablecoins, urging banking CEOs and their clients to flood U.S. senators with letters and calls as a forthcoming crypto market structure bill presents an opportunity to solidify the prohibition.
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January 06, 2026
Fox Rothschild Adds Ex-Steptoe Atty To Head Fintech Practice
Fox Rothschild LLP announced Tuesday that it has hired the former leader of Steptoe LLP's payments team as chair of the firm's newly formalized fintech and digital assets practice.
Expert Analysis
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.
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Citgo Ruling Offers Award Enforcement Road Map
A recent opinion from the Delaware federal court approving a $5.892 billion bid for Citgo Petroleum shares brings the long-running enforcement of the Crystallex arbitration award against Venezuela closer to resolution and offers crucial lessons for creditors pursuing sovereign debt, says Vitaly Morozov at Pierson Ferdinand.
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Series
A Day In The In-House Life: Chime GC Talks Pathfinding
On a recent Tuesday in the office, Chime's general counsel Adam Frankel shares his typical work day, tackling everything from strategically guiding product launches and testing AI tools to mastering the perfect latte and making time for extracurricular interests.
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Preparing For Congressional Investigations In A Midterm Year
2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.
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How Bank M&A Prospects Brightened In 2025
Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.
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3 Securities Litigation Trends To Watch In 2026
Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.
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4 Developments That Defined The 2025 Ethics Landscape
The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.
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Navigating AI In The Legal Industry
As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.
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2025 Calif. Banking Oversight Centered On Consumer Issues
The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.
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The Major Securities Litigation Rulings And Trends Of 2025
The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.
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The CFTC's Road Ahead Under Newly Confirmed Chair
Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
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SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26
With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.
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Changes In Crypto, Cybersecurity Defined NY Banking In 2025
The major takeaways from 2025 in New York banking policy involve updated guidance, regulations and requirements primarily affecting innovation and digital banking, in areas such as cybersecurity, virtual currencies, and buy now, pay later programs, say attorneys at Steptoe.