-
Featured
Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency exchange's former auditor and a former NBA star who promoted the platform.
-
July 16, 2026
Kalshi said Thursday that it's working with the U.S. Commodity Futures Trading Commission to address suspicious trades on the president's speeches that appear to have netted a federally employed teleprompter operator approximately $90,000.
-
July 16, 2026
Federal regulators said Thursday that they are stepping up their protocols for handling bank data and documents during supervisory examinations, outlining a new policy that will allow banks to designate certain "highly sensitive" information for stricter access control measures.
-
July 16, 2026
DraftKings asked a Pennsylvania federal court Thursday to stop the city of Philadelphia from enforcing its consumer protection ordinance, after the sportsbook platform received a subpoena related to an investigation into potential violations of the local statute, saying the ordinance "copies" the commonwealth's consumer protection law.
-
July 16, 2026
The U.S. Senate has passed a resolution condemning Sam Bankman-Fried's bid for a presidential pardon, making clear that lawmakers on both sides of the aisle oppose clemency for the imprisoned FTX founder.
-
July 16, 2026
The U.S. Securities and Exchange Commission on Thursday proposed a new rule that would allow electronic delivery to be the default method for sending investors disclosures, shareholder reports, proxy statements and other information, replacing a standard by which many documents are delivered in paper format unless the recipient chooses otherwise.
-
July 16, 2026
Pressure is mounting on law firm leaders to dive into the AI waters or watch competitors swim away, but figuring out responsible, cost-effective methods to use high-priced legal tech remains tricky, experts say.
-
July 16, 2026
A New York federal judge ordered a promoter of digital asset BitConnect to pay more than $1 million to end the U.S. Securities and Exchange Commission's claims that he earned hundreds of thousands of dollars by recruiting investors into an unregistered cryptocurrency lending program, rejecting his arguments that the payment should be reduced.
-
July 16, 2026
Swedbank AB and its New York branch have agreed to pay a $50 million civil penalty to the New York State Department of Financial Services to resolve claims that the bank failed to fully cooperate with department requests for information related to Swedbank's relationships with Mossack Fonseca, the law firm at the center of the 2016 Panama Papers leak.
-
July 16, 2026
Merchants who secured a $200 billion settlement over Visa and Mastercard swipe fees asked a New York federal court Wednesday to approve $206 million in attorney fees and costs, saying: "The result achieved here did not come easily and was far from certain."
-
July 16, 2026
Cooley LLP has further bolstered its cyber, data and privacy group, announcing the hiring of a former Hunton Andrews Kurth LLP partner in its New York office.
-
July 16, 2026
Retiring Sen. Thom Tillis, R-N.C., on Thursday ripped into White House budget chief Russell Vought over the Trump administration's now-disbanded Department of Government Efficiency, pressing him repeatedly to substantiate its claims of massive taxpayer savings.
-
July 15, 2026
Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.
-
July 15, 2026
The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the two sides on Wednesday to be prepared for interruptions to their closing arguments, saying "I won't be a silent jury."
-
July 15, 2026
The Consumer Financial Protection Bureau's acting Director Russell Vought told a U.S. House of Representatives panel Wednesday that the agency shouldn't "exist in its current form," urging lawmakers to further rein in its funding and authority as he prepares to exit as interim chief.
-
July 15, 2026
The investigation into possible salary-cap circumvention involving NBA star Kawhi Leonard has been completed, and the final report by the firm commissioned by the league should be ready by the start of next season, according to Commissioner Adam Silver.
-
July 15, 2026
A financial technology and security firm led in part by the former CEO of Honeywell International faces an investor suit alleging he and others took control of the business and turned it into a "highly leveraged conglomerate" from which they profited by "extracting exorbitant management fees" at shareholders' expense.
-
July 15, 2026
A Florida man who admitted to playing a role in scams that stole nearly $660,000 from victims including Zelle users has been sentenced to 32 months in prison.
-
July 15, 2026
PayPal Holdings Inc. shares were up more than 16% on Wednesday afternoon following reports that payments company Stripe and private equity firm Advent International have made a roughly $53 billion offer to acquire the company.
-
July 14, 2026
Silicon Valley Bank disregarded advice from BlackRock's investment advisory firm suggesting the bank reduce the amount of its long-term mortgage-backed securities, the bank's former treasurer acknowledged Tuesday under questioning from a California federal judge during a bench trial over the Federal Deposit Insurance Corporation's claim SVB mismanaged its assets before its 2023 collapse.
-
July 14, 2026
Federal Reserve Chair Kevin Warsh told lawmakers Tuesday that the central bank is "racing" to meet a looming deadline for drafting certain rules required by the Genius Act, the landmark stablecoin law that other federal regulators have already proposed regulations to implement.
-
July 14, 2026
The U.S. Commodity Futures Trading Commission on Tuesday told KalshiEx LLC to fulfill open trades from Michigan residents despite a state judge's directive to unwind certain prediction market transactions, marking the agency's latest clash with states over event contract supervision.
-
July 14, 2026
Three former enforcement leaders of the Consumer Financial Protection Bureau have launched their own law firm focused on consumer, tenant, worker and civil rights, with plans to represent advocacy organizations and state attorneys general, among others, in the area of public interest.
-
July 14, 2026
Coinbase Global Inc. asked a Texas federal judge to toss claims alleging the company infringed a group of patents covering improvements to blockchain technology, saying the asserted patents violate "bedrock principles of patent eligibility."
-
July 14, 2026
A New York federal judge has enforced a $28 million arbitration award issued to a Malta-based cryptocurrency expert and his two companies following their dispute with a bitcoin mining server supplier they claim sent them faulty machinery.
-
July 14, 2026
Capital One NA has asked a Virginia federal court to free it from a proposed class action accusing it of unlawfully canceling billions of dollars in earned credit card rewards by unilaterally closing customers' accounts, saying that all of its cardholders were informed that it could close their accounts at any time.