Capital Markets

  • September 25, 2026

    Tariffs, Not Fraud, Hurt Apparel Co.'s Finances, Court Told

    Protective apparel company Lakeland Industries Inc. asked a New York federal court to dismiss a proposed investor class action accusing it of ignoring a former finance employee's concerns about its global sales data and concealing information about its true financial condition, saying missing earnings estimates is "unfortunate" but not fraud.

  • September 25, 2026

    CFTC, Ex-HSBC Exec Set For Trial In Swap Manipulation Suit

    A New York federal judge has denied dual motions for summary judgment from the U.S. Commodity Futures Trading Commission and a former HSBC executive accused of manipulating the price of an interest rate swap ahead of a client's $2 billion bond offering, finding there are several material factual disputes about the executive's alleged conduct.

  • September 25, 2026

    Cooley, Latham Steer RNA Drugmaker's Upsized $446M IPO

    San Diego-based biotechnology company ADARx Pharmaceuticals began trading publicly on Friday after raising $446 million in its initial public offering steered by Cooley LLP and Latham & Watkins LLP, adding to the growing list of biotech IPOs recently.

  • September 25, 2026

    Don't Miss It: Simpson Thacher, Latham 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. Here, Law360 recaps the ones you may have missed, including transactions helmed by Simpson Thacher & Bartlett LLP and Latham & Watkins LLP.

  • September 25, 2026

    Taxation With Representation: Kirkland, Latham, McDermott

    In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.

  • September 24, 2026

    Fed Pitches Stablecoin Issuer Rules In Latest Genius Act Push

    The Federal Reserve Board on Thursday proposed rules to set key prudential standards and other guardrails for stablecoin issuers under its oversight, rounding out an initial phase of rulemaking at the federal banking agencies to implement the U.S. stablecoin law known as the Genius Act.

  • September 24, 2026

    Hain Investors Seek Final OK For $35M 'Channel-Stuffing' Deal

    Food and personal care company Hain Celestial and a class of investors have reached a $35 million deal to resolve channel-stuffing claims roughly a year after the Second Circuit revived the suit. 

  • September 24, 2026

    CFTC Allows Tokenized Investments, Blockchain Records

    The U.S. Commodity Futures Trading Commission updated crypto guidance on Thursday to note that registrants can invest customer funds in tokenized versions of otherwise permitted investments and use blockchain tech to meet recordkeeping requirements.

  • September 24, 2026

    SEC May Preview Accredited Investor Changes Next Week

    The U.S. Securities and Exchange Commission next week plans to take a step closer to expanding the number of individuals eligible to invest in startups and other private companies, and also revisit rules around investment adviser compensation.

  • September 24, 2026

    Maryland Judge Sends CarMax Investor's Tariff Suit to Virginia

    An investor suit accusing CarMax Inc. of mischaracterizing a sales bump prior to the Trump administration's tariffs as a sign of sustainable growth has been transferred to Virginia by a Maryland federal judge.

  • September 24, 2026

    PE Funds Use AI To Tailor Strategies Amid Heavy Competition

    Almost all U.S. private equity firms expect artificial intelligence to fundamentally change their investment strategies, according to a new BDO survey, as funds apply the technology across every stage of the deal cycle, from deal sourcing to diligence.

  • September 24, 2026

    $16M Note Leads To Fraud Charges For Booted Housing Boss

    The former executive director of two Connecticut housing authorities pled not guilty Thursday to five counts of wire fraud and four counts alleging illegal money transactions after prosecutors accused him of pocketing about $824,000 from a loan tied to a $16.2 million promissory note.

  • September 24, 2026

    $16M Coinbase Crypto Thief 'Lolimfeelingevil' Gets 12 Yrs.

    A 23-year-old Brooklyn man who drained some 100 Coinbase accounts of $16 million by posing as a representative for the cryptocurrency exchange and bragged online about his heists was sentenced in state court Wednesday to 12 years behind bars, according to prosecutors.

  • September 24, 2026

    Texas Utility Commission Looks To Quash Coal Subpoena

    The Public Utility Commission of Texas is pushing back against a subpoena issued by BlackRock in a suit from Republican state attorneys general accusing asset managers of driving up coal prices by pressuring producers to lower their output to meet emission reduction goals.

  • September 24, 2026

    Mining Co. Investor Says Sprott Got Control Without Premium

    A Hycroft Mining shareholder has alleged in Delaware Chancery Court the company's board handed control of the business to Canadian billionaire Eric Sprott through a series of stock issuances without demanding a control premium, even as it was sitting on favorable information about a major discovery of silver.

  • September 24, 2026

    SPAC Settlements Drove Down Chancery Deal Values In 2025

    A surge in the number of settlements in the Delaware Chancery Court last year was driven by the end of litigation against special purpose acquisition vehicles, but settling investors received less money than at any point in the past five years, Cornerstone Research has said in a new report.

  • September 24, 2026

    NY Accuses Polymarket Of Illegal Gambling Operation

    New York sued Polymarket on Thursday alleging it runs an illegal gambling operation in the state through its sports prediction markets, the same day that Polymarket lodged its own suit accusing the state of intruding into the federal government's regulatory authority over derivatives trading.

  • September 23, 2026

    Huawei Used Joint Venture Talks For IP Heist, Jury Hears

    Jurors in the corporate criminal trial of Huawei saw evidence Wednesday suggesting proprietary information for Quintel Tech. Ltd.'s technology for improving cell phone reception was used in a patent application by a Huawei engineer amid joint venture talks, as prosecutors continued to assert the Chinese telecommunications giant made trade secret theft one of its central business strategies.

  • September 23, 2026

    SEC Issues Wave Of Industry Bars Over Past Violations

    As its fiscal year draws to a close this month, the U.S. Securities and Exchange Commission has issued a bevy of opinions barring defendants from the securities industry, following a D.C. federal judge's ruling earlier this year that a U.S. Supreme Court decision curtailing the agency's use of its administrative courts doesn't preclude the SEC's ability to pursue industry bans.

  • September 23, 2026

    WH Aide Says CFTC Needs Congress For Full Crypto Powers

    A White House crypto aide said Wednesday that Congress' failure to pass the Clarity Act leaves the U.S. Commodity Futures Trading Commission without authority over spot crypto markets, which could limit the agency's plans to stand up a digital asset framework in the absence of crypto market structure legislation.

  • September 23, 2026

    Microsoft Heads Face Derivative Action Over Inflection AI Deal

    Three Microsoft Corp. investors filed a shareholder derivative suit in Washington state court Monday over claims the company's leaders wrongfully approved a March 2024 licensing agreement with Inflection AI Inc. aimed at bailing out Microsoft co-founder Bill Gates and entrepreneur Reid Hoffman after their investments in the startup soured.

  • September 23, 2026

    Honeywell Aerospace Hit With Suit Over $2M DOJ Settlement

    Honeywell Aerospace is facing an investor suit alleging it failed to disclose a federal investigation that led to a $2 million settlement with the U.S. Department of Justice and that a small set of suppliers had a "disproportionate impact" on the aerospace and defense company's revenue.

  • September 23, 2026

    Curium Resets FTC Clock On $8B Lantheus Take-Private Deal

    Private equity-backed radiopharmaceutical company Curium reset the clock for the Federal Trade Commission's 30-day review of its plan to acquire fellow radiopharmaceutical company Lantheus Holdings Inc. in an $8 billion take-private deal.

  • September 23, 2026

    Crypto Co. Wins Bid To Send $100M RICO Suit To Arbitration

    A California federal court has granted data cloud platform Cerebellum Networks Inc.'s motion to compel arbitration in a former employee's $100 million suit accusing company executives of running a pump-and-dump cryptocurrency fraud scheme.

  • September 23, 2026

    Vein Tech Maker Escapes Suit Over DOJ Kickback Probe

    A New York federal judge has tossed, for now, a proposed investor class action alleging that vein disease device maker Inari Medical Inc.'s share price fell after it disclosed an investigation into its compliance with federal anti-kickback laws, finding the suit does not plausibly show Inari was paying healthcare providers unlawful kickbacks, among other things.

Expert Analysis

  • 4th Circ. Boeing Class Cert. Ruling May Have Limited Reach

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    While the Fourth Circuit's recent decision to reverse class certification against Boeing appears to potentially create a circuit split or heighten the standards for achieving class certification, that conclusion overlooks the decision's very specific circumstances, and its impact will likely be limited outside the circuit, say attorneys at Bleichmar Fonti.

  • 5 Financial Statement Fraud Red Flags To Spot Post-Sripetch

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    The U.S. Supreme Court recently held in Sripetch v. U.S. Securities and Exchange Commission that disgorgement exists to strip a wrongdoer of unjust enrichment, not merely to compensate victims for what they lost, shifting the work at the center of securities fraud cases in five ways, says Rand Manasse at Green Lane Partners.

  • Series

    Being A Sommelier Makes Me A Better Lawyer

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    Being a sommelier has quietly shaped how I practice law by changing the way I think, communicate and connect with people, and offers a constant reminder that expertise is about making your knowledge useful and accessible to others, says Kara Du at Sheppard.

  • Inside SEC Crypto Vault Statement's Securities Law Warning

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    Although the U.S. Securities and Exchange Commission's posture toward crypto products and activities has been more favorable under the current administration, Commissioner Hester Peirce's recent statement on crypto vaults highlights why that posture does not eliminate the need for careful securities law analysis, say attorneys at Skadden.

  • 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.

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