SEC's Atkins Wants To 'Future-Proof' Deregulatory Agenda

By Jessica Corso

U.S. Securities and Exchange Commission Chairman Paul Atkins said Tuesday that he hopes that moving quickly to adopt new rules deregulating the public and private markets will "future-proof" his agenda against potential tampering by succeeding presidential administrations.

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NYSE Parent Invests $2B In Polymarket Amid Market Scrutiny

By Elaine Briseño

The parent company of the New York Stock Exchange said Tuesday that it will infuse up to $2 billion into Polymarket, which has an $8 billion valuation, at a time when prediction markets in the United States are increasing in popularity but facing increased scrutiny.

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DC Circ. Denies Biotech Co.'s Nasdaq Delisting Appeal

By Sarah Jarvis

Chinese biotech Shineco Inc. has lost its bid to block its delisting from the Nasdaq in the D.C. Circuit, which didn't buy its argument the federal government's shutdown prevented the company from petitioning the U.S. Securities and Exchange Commission directly for relief.

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3 Firms Guide Real Estate-Focused SPAC's $200M IPO

By Grace Dixon

Blank-check company BOA Acquisition Corp. II filed plans Monday for a $200 million initial public offering guided by Paul Hastings LLP, Maples and Calder LLP and Proskauer Rose LLP, saying it is seeking to invest directly in real estate and infrastructure assets.

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Musk Atty Alex Spiro Faces DQ Bid Ahead Of Twitter Deal Trial

By Dorothy Atkins

A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations has urged a California federal judge to disqualify Musk's proposed lead trial counsel Alex Spiro before a January trial, arguing he's a "critical first-hand witness" and may testify, according to documents unsealed Monday.

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Mortgage Giants Shared Data To Fix Rates, Homeowners Say

By Katryna Perera

A proposed class of homeowners has launched a sweeping class action against Rocket Mortgage, Wells Fargo, JPMorgan Chase and more than two dozen other mortgage lenders, accusing them of conspiring through Optimal Blue's pricing software to secretly share sensitive data and fix mortgage rates nationwide, allegedly inflating costs and deepening the U.S. housing affordability crisis.

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NASCAR Wins Fight With LGBCoin Over Racing Deal Approval

By Carolina Bolado

A Miami jury returned a defense verdict late Monday in favor of NASCAR in a $76 million suit by the LetsGoBrandon.com Foundation accusing the league of destroying the value of its cryptocurrency LGBCoin after it revoked approval of sponsorship of a racing team.

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CFTC, SEC Joint Statement Highlights New Unity On Crypto

The U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission's recent joint statement announcing a cross-agency initiative enabling certain spot crypto-asset products to trade on regulated exchanges is the earliest and most visible instance of interagency cooperation on crypto regulation, say attorneys at Morgan Lewis.

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Regulatory Uncertainties Loom As Fed Ends Crypto Oversight

The Federal Reserve Bank's recently ended crypto supervisory program headlines other recent federal actions from Congress, the White House and relevant agencies that may complicate financial institutions' digital-asset use and attendant compliance strategies, say attorneys at Buchalter.

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Gibbons, Frost Brown Combining As 800-Atty Nationwide Firm

By Jake Maher

Gibbons PC and Frost Brown Todd LLP announced Wednesday that they will combine at the beginning of 2026 to form FBT Gibbons LLP, creating a nationwide firm with strengths in litigation and transactional work.

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LA County Probes Firm's Conduct In $4B Sex Abuse Deal

By Craig Clough

The Los Angeles County Board of Supervisors has unanimously voted to launch an investigation into a record $4 billion sex abuse settlement it approved earlier this year following claims that the Downtown L.A. Law Group paid people to file complaints.

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Comey Pleads Not Guilty, Will Contest US Atty's Appointment

By Jared Foretek

Former FBI Director James Comey pled not guilty Wednesday to one count of false statements and another count of obstructing a congressional hearing, appearing in a Virginia federal courthouse for the first time after a shake-up at the U.S. attorney's office netted a grand jury indictment last month.

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Analysis

The Legal Advocacy Behind Fan Fiction's Biggest Site

By Theresa Schliep

A nonprofit that appears on the docket as a friend of the court in some of the most important copyright cases at the U.S. Supreme Court and federal appeals courts is also responsible for running one of the largest fan fiction sites on the internet.

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Arnall Golden Sanctioned For Giving Feds ERISA Suit Docs

By Grace Elletson

A California federal judge has ordered Arnall Golden Gregory LLP to pay a $50,000 penalty for giving the U.S. Department of Labor confidential documents United Behavioral Health turned over in a class action accusing the insurer of overcharging workers for out-of-network substance use disorder treatments.

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NJ US Atty Appointment Was 'Shell Game,' 3rd Circ. Told

By Jake Maher

Two New Jersey criminal defendants this week blasted the Trump administration's attempt to name Alina Habba as U.S. attorney for the state after her interim term ended, telling the Third Circuit that the government's plan was a "shell game."

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Mass. Atty Gets 9 Years For $3.5M Theft Schemes

By Julie Manganis

A Massachusetts attorney was sentenced on Wednesday by a federal judge to nine years in prison for stealing nearly $3.5 million from friends and two vulnerable relatives, including one who ended up in subsidized housing struggling to afford food.

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Gov't Shutdown Essentially 'Freezes' IPO Market, Attys Say

By Jade Martinez-Pogue

While the U.S. Securities and Exchange Commission technically remains open during the ongoing government shutdown that has now exceeded one week, staffing shortages have made it increasingly difficult for companies to launch initial public offerings, leaving them with few options.

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