Capital Markets

  • September 09, 2026

    Klarna Wants Out Of Investor Action Over Loan Risks

    Payments company Klarna Group PLC has asked a New York federal court to dismiss it from an investor suit accusing it of damaging shareholders by failing to disclose losses associated with its "buy now, pay later" loans ahead of its 2025 initial public offering, saying its projections were neither inaccurate nor misleading.

  • September 09, 2026

    Ex-Nikola CEO's Pardon Doesn't Let Him Beat Investor Suit

    The presidential pardon Nikola founder Trevor Milton received for his criminal conviction on securities fraud charges does not bar him from facing similar civil claims alleging he and the electric-vehicle startup exaggerated the viability of the company's prospects, an Arizona federal judge ruled.

  • September 09, 2026

    Dentsply Investor Suit Over Pandemic Woes Lined Up For Trial

    Dental health products supplier Dentsply Sirona is set to face trial over claims that it misled investors about the extent of its pandemic-era woes after a New York federal judge largely denied the company's bid to defeat a shareholder class action.

  • September 09, 2026

    Nuclear Energy Firm HGP Going Public Via $1.2B SPAC Deal

    Energy infrastructure developer HGP Intelligent Energy LLC has unveiled plans to go public by merging with special purpose acquisition company Meshflow Acquisition Corp. in a deal that boasts a pro forma equity value of roughly $1.2 billion and was built by three law firms.

  • September 09, 2026

    Labaton Reboots Whistleblower Practice With Ex-SEC Chair

    Investor-side firm Labaton Keller Sucharow LLP has tapped two former U.S. Securities and Exchange Commission veterans to lead a new practice representing whistleblowers before the SEC and other federal regulators, reviving a service that the firm provided five years ago.

  • September 09, 2026

    DOJ Deepens Probe Into Fox's $22B Roku Deal

    Fox Corp. and Roku disclosed Wednesday that the U.S. Department of Justice has launched an in-depth probe into Fox's purchase of Roku, stalling their ability to close the deal until the investigation wraps.

  • September 09, 2026

    Lowenstein Sandler Adds ExodusPoint GC As NY Partner

    Lowenstein Sandler LLP has expanded its investment management and private funds group by adding a pair of attorneys in New York, including an incoming partner with both in-house and BigLaw experience.

  • September 09, 2026

    Kalshi Can't Keep Iowa Gaming Regulators At Bay

    An Iowa federal judge has declined to shield Kalshi from the state's gambling watchdog, voicing skepticism that the prediction market platform's sports event contracts should be federally regulated as swaps.

  • September 09, 2026

    Va. Judge Tosses Bulk Of EB-5 Investors' Fraud Suit

    A Virginia federal judge has nixed multiple claims lodged by a group of 14 Vietnamese EB-5 project investors against a law firm and other parties that allegedly refused to provide investment refunds for a "doomed" hotel redevelopment project.

  • September 08, 2026

    Underdog Sues 5 States To Shield Sports Wagers

    Prediction market operator Underdog sued five states Tuesday to head off potential gambling enforcement actions over its sports event contracts, becoming the latest firm to argue its federally-regulated platform is beyond the reach of state gaming laws.

  • September 08, 2026

    Underdog Says Federal Law Bars Wash. Betting Crackdown

    Prediction market operator Underdog sued Washington's attorney general and state gambling commission Tuesday in an attempt to block enforcement of state anti-gambling laws against the company, contending that wagers on its platform qualify as derivative contracts that fall under the "exclusive jurisdiction" of the federal government.

  • September 08, 2026

    Reusable-Rocket Maker Stoke Space Gets $1B Series E Boost

    Washington-based Stoke Space Technologies on Tuesday announced the initial closure of a $1 billion Series E financing round, saying the fresh funding will propel its plans to launch a fully reusable rocket early next year and accelerate its development of a larger, more advanced model.

  • September 08, 2026

    Freddie Mac Asks 6th Circ. To Rehear Financial Crisis Case

    Freddie Mac is urging the Sixth Circuit to reconsider its recent revival of a shareholder lawsuit dating to the 2008 financial crisis, arguing an appellate panel "usurped" the lower court's authority by allowing investors to argue for class certification a third time.

  • September 08, 2026

    10th Circ. Won't Block Utah Enforcement Amid Kalshi Appeal

    A pair of Tenth Circuit judges on Tuesday declined to shield Kalshi from Utah gaming regulators while it challenges a lower court ruling that cleared the way for the state to enforce its gambling laws against the firm's sports event contracts.

  • September 08, 2026

    Ostium Faces $15M Asset Freeze After $23M Hack

    The assignee of a lender owed some $15 million by crypto trading platform Ostium Labs has obtained a temporary restraining order from a New York federal court as it pursues arbitration over an alleged default that followed a July hacking incident, court records showed Tuesday.

  • September 08, 2026

    Binance Seeks Dismissal Of Terrorist Attack Victims' Suit

    Binance and its former CEO pushed a federal judge in Manhattan to dismiss a lawsuit claiming the cryptocurrency exchange aided and abetted 30 terrorist attacks, saying the plaintiffs still couldn't plausibly allege that the company provided knowing and substantial assistance to foreign terrorist organizations.

  • September 08, 2026

    SEC Sues Proxy Adviser Firm ISS For Client Voting Records

    The U.S. Securities and Exchange Commission has asked a Pennsylvania federal court to enforce a subpoena against Institutional Shareholder Services, alleging the proxy advisory firm is improperly withholding information about the voting advice ISS gives institutional investors due to fears of retaliation.

  • September 08, 2026

    LIV Golf Hits Ch. 11 After Losing Saudi Backing

    LIV Golf filed for Chapter 11 protection in New Jersey bankruptcy court Tuesday with more than $500 million in debt after losing the financial backing of Saudi Arabia's Public Investment Fund, saying it plans to hand control of the company to its players.

  • September 08, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week saw disputes involving a former NFL star and a $2.5 million solar venture, Morgan Stanley's role in Fox Corp.'s planned $22 billion acquisition of Roku Inc., and JPMorgan Chase & Co.'s effort to pause more than $20 million in legal-fee payments to former Frank executives.

  • September 08, 2026

    Gibson Dunn-Led Holtec Nuclear Readies $825M IPO

    Nuclear power plant equipment and services company Holtec Nuclear on Tuesday unveiled plans for an estimated $825 million initial public offering advised by Gibson Dunn & Crutcher LLP, kicking off the IPO market's post-Labor Day pipeline.

  • September 08, 2026

    Quantitative Trader's Trade Secret Trial Pushed To November

    A trial that was set to begin Sept. 14 in a case of a quantitative trader accused of stealing his former employer's trade secrets was pushed to November after a New York federal judge ruled Tuesday that the court and parties needed more time to litigate the admissibility of a defense witness.

  • September 08, 2026

    Venable Adds Ex-SEC Commissioner Crenshaw To DC Office

    Venable LLP announced Tuesday it has hired Caroline Crenshaw, who was the lone Democratic member of the U.S. Securities and Exchange Commission until her term ended in January, as a partner in the firm's Washington office.

  • September 08, 2026

    Wachtell, Simpson Thacher Guide $3.9B EverBank, WaFd Deal

    EverBank Financial Corp. and WaFd Inc. have agreed to combine through a $3.9 billion reverse merger, in a deal steered by Wachtell Lipton Rosen & Katz and Simpson Thacher & Bartlett LLP. 

  • September 08, 2026

    Paul Hastings Expands Capital Markets Team With Cooley Atty

    A Cooley LLP attorney who advises companies, investment banks and investors on transactional and general corporate matters has joined Paul Hastings LLP as a capital markets partner in New York, the firm announced Tuesday.

  • September 04, 2026

    NY Huawei Case Roars To Life With Historic Corp. RICO Trial

    The sprawling racketeering case against Huawei Technologies Co. Ltd. has faded from the spotlight in recent years, but the Chinese telecommunications giant has bucked convention by proceeding to a historic criminal trial over accusations of rampant intellectual property theft, sanctions violations and brazen lies to banks and U.S. officials about its business practices.

Expert Analysis

  • How Crypto Firms Can Prep As Clarity Act Inches Toward Law

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    Though the Digital Asset Market Clarity Act’s road to enactment remains uncertain, the statutory framework for regulating digital commodities recently advanced by the Senate Banking Committee is now sufficiently developed that market participants can begin preparing in several areas where the complicated legislation would affect them, say attorneys at Cahill Gordon.

  • Checking For AI Errors Is Now A Two-Way Street

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    A handful of recent federal and state cases demonstrate the importance of checking for errors generated by artificial intelligence not only in your own court submissions, but also your opponent's, as well as when catching opposing counsel's AI mistakes could result in an award for attorney fees, says Tamara Barago at Hollingsworth.

  • Opinion

    SEC Enforcement Reforms Must Address Post-Wells Limbo

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    The U.S. Securities and Exchange Commission's recent changes to how it notifies companies of a potential enforcement action fail to address what happens after the Wells process is over, highlighting the need for meaningful process reform that includes a formal closure determination, says Kimble Cannon at Mahdavi Bacon.

  • Foot Locker Fine Illustrates SEC's Whistleblower Priorities

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    The U.S. Securities and Exchange Commission's recent fining of Foot Locker for its separation agreements is a reminder that the commission remains serious about maintaining open channels for reporting whistleblower concerns and that provisions can violate Rule 21F-17(a) without specifically barring communications with the SEC, says Jonathan Richman at Brown Rudnick.

  • Series

    The Biz Court Digest: Shoring Up Corporate Law In Maryland

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    Launched more than 20 years ago to improve complex corporate adjudication, Maryland's Business and Technology Case Management Program has been a solid success in some areas, but there always is room for improvement, says Bill Krulak at Miles & Stockbridge.

  • How End Of SEC 'Gag Rule' Affects Free Speech Certiorari Bid

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    The Securities and Exchange Commission's recent rescission of the so-called gag rule, which forbade defendants in settlements from denying the SEC’s allegations, may sway the outcome of a petition to the Supreme Court in a case challenging the rule on First Amendment grounds, say attorneys at Troutman.

  • Banks Should Reassess Warehouse Lines Amid Credit Stress

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    Growing stress in private credit markets means banks with warehouse lines to nonbank lenders should inventory exposures, revisit covenants and prepare for tougher regulator scrutiny, as repayment strains and weakening fund liquidity could turn seemingly indirect risks into material compliance concerns, say attorneys at Barack Ferrazzano.

  • Series

    Competing At Poker Makes Me A Better Lawyer

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    Playing poker in male-dominated rooms taught me to treat skepticism as background noise when my opponents seem to underestimate me, to apply pressure when it matters and to adapt without losing strategic discipline — skills that are all indispensable in restructuring and insolvency matters, says Alexis Gambale at Pashman Stein.

  • 5 Things Associates Must Ask About Their Firm's Merger Plan

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    The associates who navigate law firm mergers best ask the right questions early, such as inquiring about partners' plans, to assess how the merger could affect their workflow and career path, says Jackie Bokser-LeFebvre at Major Lindsey.

  • 2 'Rocket Dockets' And The Rules That Propel Them

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    The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them ahead, says Robert Tata at Hunton.

  • Opinion

    SEC Must Clarify Crypto Guidance For Investment Advisers

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    Until the U.S. Securities and Exchange Commission clarifies a conundrum created by recently issued guidance that classifies crypto tokens as digital commodities rather than securities, every registered investment adviser managing a digital commodity portfolio will be simultaneously compliant and exposed, says Nicole Trudeau at Wave Digital Assets.

  • What End Of SEC Settlement Gag Rule Means For Defendants

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    The U.S. Securities and Exchange Commission's recent rescinding of its gag rule prohibiting defendants from publicly denying allegations in settled SEC enforcement actions actually heightens the need to think strategically when negotiating resolutions and pursuing public denials of wrongdoing, say attorneys at Cleary.

  • Opinion

    Regulators Should Use Existing Tools To Jump-Start Crypto

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    The U.S. Securities and Exchange Commission and U.S. Commodity Futures Trade Commission should use existing authority to quickly enable crypto trading, custody, clearing and settlement to reduce uncertainty and lay the groundwork for permanent crypto rules, says Lee Schneider at Ava Labs.

  • Your Next Litigation Hold Should Cover AI Chat Logs

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    The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligence chats as substantive evidence is being read as a discovery warning to litigators, but there is a second duty-to-preserve lesson that is especially pertinent to in-house counsel, say attorneys at Faegre Drinker.

  • How SEC, CFTC Proposal Would Ease Private Fund Reporting

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    While the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission’s recent proposal to streamline and lighten certain confidential reporting requirements could bring welcome changes for many private fund advisers, sponsors should consider important nuances of its potential impact, say attorneys at Simpson Thacher.

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