Sens. Offer Crypto Bill Amendments As Storm Delays Markup

By Aislinn Keely

The Senate Agriculture Committee said Monday that it will postpone its markup of a bill to regulate crypto markets to Thursday in light of the weekend's winter storm, while Democrats submitted proposals to insert ethics language and ensure appointments to the U.S. Commodity Futures Trading Commission.

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Citadel Securities Lobbies SEC For $119M CAT Fee Refund

By Jessica Corso

Citadel Securities is pressing for the return of $119 million it argues was unlawfully collected to fund a key market surveillance database known as the consolidated audit trail, telling the U.S. Securities and Exchange Commission the collection of the fees violated an Eleventh Circuit decision.

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DocuSign Beats Investor Suit Over Post-COVID Prospects

By Rae Ann Varona

A California federal judge Monday tossed a certified class of shareholders' lawsuit that accused DocuSign and its top brass of misleading investors about the software company's postpandemic growth prospects, saying an amendment would not fix the investors' "misleading and confusing" complaint.

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Pool Equipment Co. Reaches $20M Deal To End Investor Suit

By Sydney Price

Pool equipment maker Hayward Holdings Inc. has reached a nearly $20 million deal with its investors to settle claims that it failed to properly disclose its struggles with ballooning inventory and lowered demand.

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Interactive Brokers Inks $5M Deal To End Algorithm Class Suit

By Sydney Price

Online broker-dealer Interactive Brokers LLC and an investor have asked a Connecticut federal judge to give an initial nod to a $5 million deal to end decade-long class action negligence claims surrounding an allegedly faulty algorithm that liquidated short-sold securities.

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SEC Tells Judge Chat Records Bolster Its Short-Selling Claims

By Emilie Ruscoe

The U.S. Securities and Exchange Commission is looking for an early victory on certain claims against an investment adviser and its managing partner accused of engaging in an illicit short-selling scheme, arguing the managing partner's online messages and his own admission that he'd made a "poor business decision" support a finding in its favor.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court wrapped up the week with a slate of high-stakes deal challenges, governance rulings and oversight decisions, including an emergency bid to block a $10.9 billion bank merger, a state Supreme Court reversal reshaping stockholder agreement litigation and a major opinion allowing sexual misconduct oversight claims to proceed.

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Beyond Meat's $77M Write-Down 'Shocked' Market, Suit Says

By Emilie Ruscoe

Meat-substitute maker Beyond Meat Inc. is facing a proposed investor class action alleging it concealed its struggles to turn a profit, hurting investors as it eventually acknowledged quarterly losses that included a $77 million write-down.

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Medtronic Investors Ask 8th Circ. To Revive Insulin Pump Suit

By Katryna Perera

Investors have asked the Eighth Circuit to revive a securities class action against medical device manufacturer Medtronic, arguing that a Minnesota federal court wrongly dismissed the case in October for failure to state a claim.

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Zenas BioPharma Slams Investor's Revamped Fraud Claim

By Carolyn Muyskens

Zenas BioPharma has asked a Massachusetts federal judge to toss a putative investor class action targeting pre-initial public offering statements about the company's spending, saying it didn't hide that it had ramped up investment in research and development.

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Pot Co. Investors Say Owners Withheld Ownership Rights

By Mike Curley

Investors in a Long Beach, California, cannabis dispensary are suing the company's principals, saying they have not turned over a 5% ownership stake in exchange for their $250,000 investment and may be using the funds inappropriately.

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Ch. 7 Trustee Seeks $59M To Halt Pump Co. Family Transfers

By Emily Lever

The Chapter 7 trustee overseeing the bankruptcy of pump manufacturer Nash Engineering Co. has demanded a $59.7 million placeholder payment from a sprawling array of family members and trusts connected to the company's owners, saying the myriad defendants need to be stopped from hiding assets from creditors.

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Series

Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

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Cybersecurity Must Remain Financial Sector's Focus In 2026

In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

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Navigating Battery Validation Risk In The EV Supply Chain

Vehicle electrification has moved battery system supply chains from a background component into the center of the automotive universe — and for legal teams, battery validation is now a driver of contractual disputes, regulatory exposure and even shareholder litigation, say Samuel Madden at Secretariat Advisors and Vanessa Miller at Foley & Lardner.

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2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

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Presidential Pardon Brokering Can Create Risks For Attys

The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

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Law Student Recruiting Moves Further Off Campus

By Emma Cueto

About four-fifths of law school summer associate recruiting in 2025 happened through employer-sponsored channels, as opposed to more traditional law school-sponsored channels, with recruiting also happening increasingly early, according to research unveiled Monday by the National Association for Law Placement.

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Fla. Bar Clears Gaetz Despite US House Ethics Report

By Courtney Bublé

The Florida Bar has decided to not discipline former U.S. Rep. Matt Gaetz, R-Fla., who was briefly President Donald Trump's pick for attorney general, despite the House ethics committee's findings that Gaetz regularly paid for sex, including with a minor.

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Texas Law Firm-Linked Plane Crashes In Maine With Fatalities

By Lynn LaRowe

A private plane connected to Texas-based litigation firm Arnold & Itkin LLP overturned and caught fire Sunday night as it attempted to take off from a Maine airport, killing at least six people on board, according to authorities and public records.

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Indiana Judge Was Shot Through Front Door, Cop Says

By Hailey Konnath

An Indiana Superior Court judge and his wife were shot by a man standing on their front porch, through their closed front door, according to an affidavit, which noted that the suspected shooter was connected to a man with pending charges in the judge's courtroom.

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Foley & Lardner Can't Dodge Pro-Palestinian Atty's Bias Suit

By Emily Sawicki

A Chicago federal judge on Monday denied Foley & Lardner LLP's bid for an early win against claims brought by a former summer associate who said discrimination led to the firm's decision to rescind a job offer after she publicly supported Palestinians amid Israel's war with Hamas.

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Minn. Judge Probes Limits Of ICE Enforcement Actions

By Ganesh Setty

A Minnesota federal judge on Monday considered whether to preliminarily block the Trump administration from sending thousands of immigration enforcement officers to the state, questioning if the surge is a coercive federal act in violation of state sovereignty.

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Full 3rd Circ. Passes On Alina Habba DQ Challenge

By Carla Baranauckas

The Third Circuit on Monday declined to reconsider its decision blocking Alina Habba from serving as acting U.S. attorney for New Jersey, denying the Justice Department's petition for rehearing and leaving intact a decision that sharply curtailed the government's use of creative maneuvers to install interim federal prosecutors.

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