SEC Floats Trump-Approved Semiannual Reporting Reg

By Jessica Corso

The U.S. Securities and Exchange Commission on Tuesday proposed a regulation that will allow publicly traded companies to report their earnings every six months instead of every three, a policy championed by President Donald Trump for years and one that SEC leadership hopes will encourage more initial public offerings.

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DOJ Asks To Toss Subpoena Defeats In Powell Case As Moot

By Sarah Jarvis

The U.S. Department of Justice has asked a Washington, D.C., federal judge to vacate his decisions that blocked subpoenas from its now-closed criminal investigation into Federal Reserve Chair Jerome Powell, arguing that the slate should be wiped clean on mootness grounds.

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Investors In $16B YPF Feud Win Round Against Argentina

By Joyce Hanson

A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."

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3 Firms Steer Crypto Exchange Bullish's $4.2B Equiniti Buy

By Al Barbarino

Bullish said Tuesday it has agreed to acquire Equiniti in a $4.2 billion transaction steered by three law firms, as the institutional digital asset platform aims to create a global transfer agent for tokenized securities.

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Judge Blocks Arizona From Policing Prediction Markets

By Aislinn Keely

A Phoenix federal judge on Tuesday barred Arizona officials from enforcing state gambling laws against federally regulated prediction market platforms in an order finding that the federal government is likely to succeed on claims that the event contracts at issue are swaps beyond the reach of state regulators.

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Banks Say Stablecoin Yield Fix For Crypto Bill 'Falls Short'

By Aislinn Keely

Five banking groups say proposed language governing interest and rewards payments on stablecoins, intended to advance a bill to regulate crypto markets, "falls short," while the lawmakers behind the proposal say they've worked directly with banks for months to "encourage compromise." 

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DC Circ. Says SEC Whistleblower Denial Doesn't Pass Muster

By Jessica Corso

The D.C. Circuit has dinged the U.S. Securities and Exchange Commission for failing to adequately explain why it denied a whistleblower award to an anonymous individual who brought forth information leading to a successful enforcement action, ordering the commission to reconsider whether it was in the public interest to deny the man's claim.

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Whistleblower Says SEC Rule Shift Cost Him Bounty

By Jared Foretek

A D.C. Circuit panel appeared split on its interpretation of the statute governing the U.S. Securities and Exchange Commission's whistleblower rewards in a case involving an anonymous tipster claiming he was due compensation even though he failed to take the information directly to the agency.

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BlackRock, State Street Push To Trim Red State AGs' Suit

By Katryna Perera

BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."

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Ex-CEO Gets 5 Years In Prison For $212.5M Fraud Case

By Carla Baranauckas

A New Jersey federal judge on Tuesday sentenced the former CEO of a now-defunct medical billing company to five years in prison, the statutory maximum penalty, for his role in a $212.5 million scheme to inflate the value of his company to defraud investors.

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SEC Lifts NY Atty's Lifetime Practice Ban

By Katryna Perera

The U.S. Securities and Exchange Commission on Tuesday lifted a lifetime ban preventing a New York attorney from practicing before the agency, following an attempt to leverage a client's testimony before the SEC.

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Bittrex Seeks To Undo $24M Judgment After SEC Crypto Pivot

By Ben Adlin

Bankrupt cryptocurrency exchange Bittrex urged a Seattle federal judge to toss a $24 million judgment entered as part of a 2023 settlement with the U.S. Securities and Exchange Commission, arguing that the agency has since done an "about-face" on crypto and abandoned its position that digital tokens are securities.

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Fugitive Trader's Wife Held In Contempt Amid $67M Fraud Suit

By Brian Steele

A Connecticut federal judge has held the wife of a fugitive Oak Management Corp. trader in contempt for trying to use her divorce case to take control of assets under the management of a receiver, who was appointed as part of a U.S. Securities and Exchange Commission civil suit.

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Exelon Shareholders Fight Objectors' Fee Bid On Bribery Deal

By Lauraann Wood

Exelon shareholders seeking an Illinois federal judge's approval on a derivative settlement addressing subsidiary Commonwealth Edison's legislative bribery scheme argued Tuesday that shareholders who've opposed the deal should not receive attorney fees because their three-year fight against approval has not substantially benefited the litigation.

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Texas Appeals Court Wary Of Reviving Trustee's $100M Claim

By Spencer Brewer

A Texas appeals panel seemed skeptical of a bankruptcy trustee's attempt to revive an action seeking to claw back money distributed by True Health Group to its shareholders before the company declared bankruptcy, asking Tuesday if the trustee brought its claims under the correct portion of the law.

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Chemours Investor Suit Over Financial Metrics Axed, For Now

By Bonnie Eslinger

A Delaware federal judge on Friday dismissed a proposed class action brought by Chemours investors alleging that the chemical company's executives manipulated financial metrics for personal gain, saying the plaintiffs didn't show the existence of a material misrepresentation.

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BellRing Derivative Suits Consolidated, Stayed In Delaware

By Katryna Perera

A Delaware federal judge on Tuesday consolidated two shareholder derivative suits accusing the top brass of protein-shake maker BellRing Brands Inc. of misleading investors about the sales growth of "convenient nutrition" products like energy bars and protein powders, and has put the consolidated action on hold until a dismissal motion in a related securities suit is resolved.

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Amylyx Investors To Get $6.5M In ALS Drug Settlement

By Carolyn Muyskens

Amylyx Pharmaceuticals and a class of shareholders are seeking judicial approval for a $6.5 million settlement to resolve allegations that the drugmaker overstated the commercial potential of a treatment for amyotrophic lateral sclerosis, or ALS, that was ultimately shelved.

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Santander Says Ex-Adviser Poached Lion's Share Of Clients

By Emilie Ruscoe

Santander Bank and its investment adviser unit have sued a former employee, alleging that he improperly wooed away the vast majority of his clients when he decamped for a competitor.

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Freshfields Adds Skadden White Collar Lawyer In DC, NY

By Jack Rodgers

Freshfields LLP has hired a Skadden Arps Slate Meagher & Flom LLP white collar defense lawyer, who spent years working as a federal prosecutor investigating corporate financial crime, international money laundering and other related matters.

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Bet On Prediction Market Regulation To Accelerate

Watershed developments concerning prediction markets — such as the first insider trading charges, major speeches from U.S. Commodity Futures Trading Commission leadership, and the introduction of rulemaking and legislation — dominated the first quarter of 2026, a trend that will likely continue throughout the rest of the year, say attorneys at K&L Gates.

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The 2026 Lawyer Satisfaction Survey: Make Your Voice Heard

How is your work-life balance? Are you content with your compensation and opportunities for advancement at work? Take the 2026 Law360 Lawyer Satisfaction Survey and share your thoughts.

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DOJ Atty Faces Possible Discipline Over DHS 'Lack Of Candor'

By Lauren Berg

A Rhode Island federal judge, whom the U.S. Department of Homeland Security criticized for releasing a noncitizen with an alleged overseas warrant for homicide, on Tuesday said she is referring an assistant U.S. attorney for disciplinary proceedings for not disclosing the warrant to her beforehand.

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Audio

Approach The Bench: Justice Bacon On School Accreditation

By Cara Bayles and Steven Trader

State high courts are responsible for regulating the legal profession in their jurisdictions, and so New Mexico Supreme Court Justice C. Shannon Bacon thinks it's only right that justices reevaluate the principles behind law school accreditation.

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Ga. Justices Sanction Asst. DA For AI Errors In Murder Case

By Lauren Berg

The Georgia Supreme Court on Tuesday sanctioned a Clayton County assistant district attorney for filing briefs that contained nonexistent case citations generated by artificial intelligence in a murder defendant's bid for a new trial, saying the prosecutor's misconduct has "sidetracked" the justices from delving into the merits of the appeal.

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Analysis

High Court Clarity On Subpoenas Creates Murky Path For AGs

By Carla Baranauckas

The U.S. Supreme Court's unanimous decision that the New Jersey Attorney General's Office infringed free speech by asking an anti-abortion nonprofit to release donor names gives nonprofits and companies more leverage for challenging subpoenas at the outset, although the question remains if and how attorneys general and other enforcers can ultimately obtain sought-after information following a constitutional affront.

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Brief

FCC Chair Carr Promotes 6 In Key Legal, Policy Roles

By Christopher Cole

The Federal Communications Commission's staff are playing musical chairs, and it means high-level promotions for a half-dozen legal aides of agency chief Brendan Carr.

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