Capital Markets

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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."

  • 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.

  • 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.

  • January 06, 2026

    Ameritas Says Prior Deal Ends Couple's Annuity Fraud Suit

    A retired military officer and his wife cannot proceed with a suit over the sale of unsuitable equity indexed annuities, Ameritas and a former insurance agent said, urging a North Carolina federal court to enforce a settlement agreement and release that resulted from mediation.

  • January 06, 2026

    Crypto Miner Host Can't Get $1.2M Damages Order Reversed

    A Seattle federal judge won't reconsider a decision awarding $1.2 million to a bitcoin miner in its breach of contract dispute with the operator of a facility that hosted its machines, finding the host company rehashed old arguments in its reconsideration bid.

  • January 06, 2026

    White & Case-Led Brazilian Digital Bank Seeks US IPO

    Brazilian digital banking platform PicS has filed for a proposed initial public offering with the U.S. Securities and Exchange Commission in an offering guided by White & Case LLP and underwriters' counsel Davis Polk & Wardwell LLP, with hopes to list its Class A common shares on the Nasdaq Global Select Market.

  • January 06, 2026

    DOJ Fraud Section Leader Returns To Cahill Gordon In DC

    A former senior deputy chief of the U.S. Department of Justice's fraud section and former staff member for the U.S. House's Jan. 6 committee has left the public sector and rejoined Cahill Gordon & Reindel LLP's office in Washington.

  • January 05, 2026

    Owlet Investors Seek Final OK For $3.5M Deal, Atty Fees

    Investors suing digital baby monitoring device manufacturer Owlet Inc. have asked a California federal court to grant final approval to a $3.5 million deal settling claims the company misled investors about approvals required from the U.S. Food and Drug Administration to sell its "smart socks."

  • January 05, 2026

    Trade Group Pushes For SEC's Off-Channel Comms Data

    The American Securities Association urged a Florida federal judge Monday to require that the U.S. Securities and Exchange Commission produce information showing how it calculated the massive penalties it imposed in a Biden-era off-channel communications sweep, saying that the agency had forfeited its main argument for withholding the documents.

  • January 05, 2026

    Cancer Biotech Co. Eyes $182M IPO

    A company developing new drugs for treating cancer disclosed Monday it is looking to raise roughly $182 million in an initial public offering guided by Paul Hastings LLP and Davis Polk & Wardwell LLP, teeing it up for the first major IPO of 2026.

  • January 05, 2026

    SEC Won't Review FINRA Delay On Carbon Offset Co. Petition

    The U.S. Securities and Exchange Commission has dismissed a bid brought by shareholders of Entrex Carbon Market Inc. to review what they said is the Financial Industry Regulatory Authority's harmful failure to act on the carbon offset trading platform's requests for a name change and approval of stock splits.

  • January 05, 2026

    NY Dem Looks To Curb Officials' Prediction Market Trading

    Rep. Ritchie Torres, D-N.Y., is seeking to ban public officials from trading in certain prediction markets if their job gives them an edge, a representative confirmed Monday, days after an anonymous trader made a well-timed bet on the removal of Venezuelan President Nicolás Maduro.

  • January 05, 2026

    Chancery Orders $25K Daily Sanction In Trump Media Dispute

    The blank-check company that took Trump Media & Technology Group Corp. public last year drew a $25,000 per-day sanction on Monday in Delaware's Court of Chancery after refusing an over $2 million legal fee advancement bill arising from litigation involving a former CEO in Florida.

  • January 05, 2026

    Aviation Co. Wants Rosen To Pay For 'Abusive' Legal Tactics

    An aerospace company that successfully defeated a securities fraud suit is now seeking to recoup $580,000 in legal fees from Rosen Law Firm PA as punishment for its alleged "abusive tactics" in pursuing the litigation.

  • January 05, 2026

    Eversheds Sutherland Names Atty Trio To Leadership Posts

    Eversheds Sutherland has named the U.S. co-head of its litigation practice to serve on the firm's U.S. executive committee, while also elevating partners in Atlanta and Washington, D.C., to help lead the firm's litigation and capital markets practices.

  • January 05, 2026

    More Discovery Needed In Bitcoin Miner Spat, Energy Biz Says

    A U.S. energy company has told a federal judge in Seattle that further discovery is required to determine whether a Canadian cryptocurrency firm adequately complied with the requirements of a termination agreement before the court can entertain a motion for summary judgment.

  • January 05, 2026

    Crypto Miner Host Seeks Reversal Of $1.2M Damages Award

    A cryptocurrency mining facility operator has asked a Seattle federal judge to revisit a decision to award $1.2 million to a bitcoin miner in a breach of contract dispute, saying the damages sum is based on an "unreliable" expert report that erroneously valued the digital asset at nearly twice its trading price during the relevant period.

Expert Analysis

  • Assessing The SEC's Changing Approach To NFT Regulation

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    Early U.S. Securities and Exchange Commission actions on nonfungible tokens pushed for broad regulation, but subsequent court decisions — including a recent California federal court ruling in Adonis Real v. Yuga Labs — and SEC commissioners' statements have narrowed the regulatory focus toward a more fact-specific approach, say attorneys at Wilson Elser.

  • Where Crypto Mixing Enforcement Is Headed From Here

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    Recent developments involving crypto mixers, particularly the Tornado Cash verdict, demonstrate that the Justice Department's shift away from regulation by prosecution does not mean total immunity, rather reflecting an approach that prioritizes both innovation and accountability, says David Tarras at Tarras Defense.

  • Why Foreign Cos. Should Prep For Increased SEC Oversight

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    With the recent trading suspensions of 10 foreign-based issuers listed on the Nasdaq, an enforcement action against a U.K. security-based swap dealer and the announcement of a cross-border task force, it's clear that the U.S. Securities and Exchange Commission will expand oversight on foreign companies participating in the U.S. capital markets, says Tejal Shah at Cooley.

  • How Nasdaq, SEC Proposals May Transform Listing Standards

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    Both Nasdaq and the U.S. Securities and Exchange Commission have increasingly focused their recent regulatory efforts on small and foreign issuers, particularly those from China, reflecting an intention to strengthen the overall quality of companies accessing U.S. markets, but also potentially introducing a chilling effect on certain issuers, say attorneys at Norton Rose.

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • How Banks Can Safely Handle Payments For Gambling Biz

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    As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.

  • SEC Focused On Fraud As Actions Markedly Declined In 2025

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    The U.S. Securities and Exchange Commission's enforcement activity in its fiscal year 2025 was its lowest in 10 years, reflecting not only a significant decline in the commission's workforce, but also Chairman Paul Atkins' stated focus on fraud and individual wrongdoing and a new approach to crypto regulation, say attorneys at Covington.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • A Look At State AGs' Focus On Earned Wage Products

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    Earned wage products have emerged as a rapidly growing segment of the consumer finance market, but recent state enforcement actions against MoneyLion, DailyPay and EarnIn will likely have an effect on whether such products can continue operating under current business models, say attorneys at Quinn Emanuel.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • How The SEC May Overhaul Its Order Protection Rule

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    Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

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