Securities Archive » February, 2021

Securities - February, 2021

336 articles

• Fidelity Nabs Bench Trial Win Over $100M Stock Sale
• SoftBank Settles WeWork Suits Over Failed $3B Tender Offer
• Robinhood In Settlement Talks With FINRA Over 2020 Outages
• MultiPlan Investor Says Co. Lied About Revenue Drop
• Baker Hughes Discloses It's Being Investigated By The SEC
• Apparel Co. Says SEC's Accounting Case 'Utterly Fails'
• Keys To Carbon Neutral Oil And LNG Transactions: Part 2
• Chemours Board Sued In Del. For Undisclosed Toxic Tabs
• Baxter Settles Investor Suit Over Forex Accounting Controls
• Weil-Led Blank-Check Co. Nabs $1.2B To Target Fintechs
• Taxation With Representation: Ropes, Cahill, Davis Polk
• What Biden's Ethics Pledge Means For Gov't Revolving Door
• PetroSaudi Can't Tap 1MDB-Linked Funds Held By UK Law Firm
• PwC Paints Whistleblower As Disgruntled Worker At Trial
• Wilmington Trust Beats $19.5M Beneficiary Suit After Trial
• Investors Maintain Nerve Repair Co. Axogen Lied In SEC Docs
• Investor Settlements Held Steady In 2020 Despite Pandemic
• Goldman Investors Urge High Court Not To Undo Class Cert.
• Fox Rothschild, DLA Piper To Face Ponzi Claims In State Court
• GPB Capital Sues Bank To Get Back Virus Relief, Loan Money
• Fenwick-Led Crypto Exchange Coinbase Files Direct Listing
• 'Reverse' Veil Piercing Floated In Chancery Appraisal Suit
• Keys To Carbon Neutral Oil And LNG Transactions: Part 1
• Punishing Bar Exam Policies On Menstrual Products Must Go
• Universal Health Services Settles Investor Suit for $17.5M
• Robinhood Drama Puts Trade Settlement Time In The Spotlight
• IHS Markit Investors Want To Check Math On $44B S&P Merger
• Wind Turbine Co. Adviser Settles SEC's $1.9M Scheme Claims
• Tax Takeaways From India's Proposed Budget
• Stream TV Lodges Ch. 11 Petition In Wake Of Assets Battle
• Ex-PwC Worker Put In Hot Seat Over Rude Texts, Emails
• SEC To Drill Down On Cos.' Climate-Related Risk Disclosures
• Rosen to Rep Biogen Investors In Drug Trial Fraud Suit
• SEC Dings Gulfport Energy, Ex-CEO Over Undisclosed Perks
• Pot Investment Firm Australis Picks Up Half Of Cultivation Co.
• House OKs Bill Requiring Puerto Rico Conflicts Disclosure
• Credit Firm Moves To Block Investor's Merger With Rival
• Fed Chief Backs Congressional Fix On Legacy Libor Contracts
• SEC Sets Early Record For Whistleblower Awards In FY 2021
• Last Defendant In $7B Stanford Ponzi Gets Max Sentence
• Apache Faces Investor Suit Over Failed Drilling Project
• Toyota Stamps Out Bid To Unseal Ex-WilmerHale Temp's Case
• Transaction Toolkit For A More Litigious M&A Environment
• Takeaways From DOJ Fraud Section's Pandemic Year
• Rakoff Hits Ex-MiMedx Exec With 1 Year For Fraud Scheme
• Validating Aggregate Securities Class Damage Estimates
• Congress' Expansion Of SEC Disgorgement Was Irresponsible
• It's Time For Law Firms To Start Loving And Leveraging Data
• PwC 'Punished' Thorough Auditing, Whistleblower Testifies
• 4 Firms Vie To Lead Claims In Cyberpunk 2077 Investor Suit
• Chancery Keeps Alive Suit Over $3.5B Pandora-Sirius Tie-Up
• Accountant Ducks Prison For $17M Stock Scheme, Tax Fraud
• Chancery Skeptical Of Tilton 'Mistake' In $6.5M Fee Settlement
• SEC Bars Ex-KPMG Auditors Over College's Tax Problem
• Ex-Cred Exec's Lawyers Want To Ditch Him In Ch. 11 Case
• FinCEN Head Says Data Security Key To New Reporting Plan
• Nasdaq Hopes SEC Greenlights Revised Direct Listings Plan
• Unrepentant Ex-MiMedx CEO Gets 1 Year For Revenue Fraud
• Twitter Sued In Chancery Over Privacy Breaches
• Pot Co. Restructuring To Avoid Paying Investors, Judge Told
• Fed's Powell Says Looking Into Digital Dollar Is 'High Priority'
• Keys To Protecting Clients During Law Firm Dissolution
• Class OK In Labaton Sucharow, Quinn Emanuel-Led Dell Suit
• US, PetroSaudi Tussle Over Fate Of $330M 1MDB Funds
• Virtual Meetings Creating New Compliance Gap, Report Warns
• Jackson Lewis Nabs Employee Benefits Partner In Atlanta
• Boardwalk Investors Stress Conflicts In $1.5B Call-In Trial
• Atty Contests Legal Lender's Entry In $350M Shire Fee Row
• PwC Whistleblower Testifies About Cozy Auditing Practices
• PwC, Citi, Goldman Sachs Dodge Startup Stock-Drop Suit
• Visa Says IPOs Doom Retailers' Swipe Fee Suits
• 4th Circ. Won't Revive Securities Suit Against Triangle Capital
• Homebuilder Workers Land Cert. In GreatBanc ESOP Suit
• Akin Gump Adds Longtime Sullivan & Cromwell Benefits Atty
• FINRA Official Urges 'Holistic' Approach To Trading Oversight
• Justices Won't Review Immigration Atty's $2.4M Judgment
• Ripple Eyes Internal SEC Discussions On Token's Legal Status
• Calamos Can't Tap Travelers Policy For Stockholder Suit Deal
• Garrett Motion, Equity Holders Head For Ch. 11 Plan Mediation
• When Domestic Securities Fall Outside Scope Of Federal Law
• What CFTC Reporting Changes Mean For Pool Operators
• Real Estate Rumors: Citi, Civic Builders, EastBanc
• Robbins Geller Nabs Top Counsel Spot In Airbus Stock Row
• Del. Justices Let $12M Attorney Fee In Versum Case Stand
• Retiring Calif. Federal Judge To Give Biden Another Opening
• Shearman Nabs Ex-Jones Day Capital Markets Pro
• How Case Management Orders Can Support New Attorneys
• Blank Rome Nabs LA Finance Partner From Buchalter
• Barclays Escapes UK Municipalities' Libor Loan Suits
• Stockholders Say $1.1B Talos Energy Deal Rife With Conflicts
• Ex-Cred CFO Fights Ruling To Keep Ch. 11 Alive
• Fed Rule Extends Payment Protections To Swap Dealers
• Ex-Mass. Gov. Bill Weld Resolves Stock Suit With Pot Co.
• Companies Beef Up Risk Disclosures As Biden Era Begins
• Fla. Forex Trader Charged With Running $57M Scheme
• 3rd Circ. Won't Undo Conviction In Pump-And-Dump Scheme
• Kessler Topaz Garners $41.1M For Repping Snap Investors
• MicroStrategy Raises $1B In Upsized Offering To Buy Bitcoin
• Taxation With Representation: Latham, White & Case, Sidley
• Bleichmar Fonti Wants To Retake Lead In Endo Investor Suit
• Lenders Must Watch Nursing Home COVID-19 Litigation
• An In-House Counsel's Guide To Better Work Management
• Congress Hits Robinhood Hard In 1st GameStop Hearing
• What To Watch For At Garland's AG Confirmation Hearings
• Coronavirus Litigation: The Week In Review
• Robinhood Can't Ditch Online Traders' Suit Over Outages
• Devon Energy Seeks Chancery Fix For Late Merger Notices
• NJ Justices Let Adviser Go For Damages Over Nixed Job Offer
• The Best Ways To Respond To Enforcement From SEC, CFTC
• When Mergers Create D&O Insurance Complications
• Trader Can Be Extradited In Ex-Goldman Banker Fraud Case
• Ex-WilmerHale Temp Says White House Atty Lied For Toyota
• Quinn Emanuel To Return Fee To Bankrupt Crypto Firm Cred
• Ex-RBC Compliance Pro Joins BestEx Trading Tech Firm
• Ex-SEC Chairman Jay Clayton Returns To Sullivan & Cromwell
• Avoiding Materially Adverse Conflicts After New ABA Opinion
• What To Expect When Reddit And Robinhood Face Congress
• N. Korean Programmers Charged With Global Cyberattacks
• Cannabis Co. Helix Faces Investor Suit Over Proposed Merger
• Ripple Labs Accused Of 'Word Games' In $175M Stock Row
• Goldman, JP Morgan Prevail Over Aluminum Antitrust Claims
• NY AG, Feds Say Crypto Platform Sold Unregistered Securities
• Under Armour Investors Can't Get Docs Yet In Stock-Drop Suit
• Cisco Discloses Financial 'Scheme' By Ex-Workers In China
• Ex-CFTC Official Joins Jones Day As Partner
• Movie Producer Settles SEC's Pot Co. Ponzi Scheme Suit
• Ex-Theranos CEO Holmes Pans 'Luxurious Lifestyle' Evidence
• Sportsbooks Could Use Derivatives Market, But Is It Betting?
• Ariz. Justices Set Test For U. Of Phoenix's $13M Row With AIG
• $2.4M Raydon ERISA Settlement Comes Up Short
• Start Preparing For Germany's Corporate Sanctions Act
• Attys Want $3.7M For Work On Insurance Co. Investor Suit
• Zohar Ch. 11 Lines Up Sale Of Tilton-Tied Snelling Staffing
• Recent Events Call For Boards To Weigh Stakeholder Interests
• GameStop Investor Sues 'Roaring Kitty' Over Market Frenzy
• Inovio Must Face Trimmed Investor Claims Over Virus Vaccine
• SEC Sues Morningstar Over 'Adjustments' In CMBS Ratings
• SEC, Ripple Say No Settlement In Sight Over Token Sale Fight
• PG&E Investors Land $10M Deal In Suit Over Power Outages
• Chancery Leans Toward Merging Facebook Stockholder Suits
• Investors Granted $26.5M In Damages In EB-5 Fraud Suit
• Disney Was Fudging Revenue Reports, Ex-Accountant Says
• Ex-Vitamin Shoppe CFO Sues For At Least $1.4M In Benefits
• Monteverde Attys Net $5.8M In Deal Ending Envision Sale Suit
• Garrett Motion Favors Mediation Over Competing Ch. 11 Plans
• 2 Ways Insurance Regulation Will Change Under Biden Admin.
• It's Time To Ramp Up Punishment For Wall Street Wrongdoers
• DOJ Should Take Cue From SEC On Whistleblower Incentives
• US Legal System Can Benefit From Nonlawyer Ownership
• Asset Manager Considerations After SEC's Pricing Data Case
• Oilfield Co. Ex-CEO To Take Fraud Charges To Trial In October
• Curaleaf Beats Investors' Stock-Drop Suit Over CBD Legality
• Robbins Geller To Lead Sorrento COVID-19 Class Action
• MicroStrategy Plans $600M Bitcoin Buy Amid Record Surge
• Chancery Tosses $1.6B Regency Energy Sale Damage Suit
• GM Inks $5.8M Deal With Calif. To End Public Pension Spat
• AmEx Discloses Federal Probes Into Card Sales Practices
• Monitor Ordered For GPB Capital After $1.8B Fraud Charges
• Senate Dems Press SEC To Strengthen Insider Trading Rule
• Ex-Brokers Settle With SEC In $22M Belize Airport Ponzi Row
• Va. Consumers Seek Class Cert. In Payday Lending Suit
• Ex-Cred CFO Declares Bankruptcy After $8M Turnover Order
• Chancery Chips Away More Claims In Southern Copper Suit
• Davis Polk, Skadden Steer Cannabis SPAC's $175M IPO
• Robbins Geller's Money Experts Clinch $1.2B Valeant Deal
• Massive Lowe's, Aon ERISA Class Action Heads Toward Trial
• Taxation With Representation: Kirkland, Cleary, Faegre
• Credit Suisse Pays $600M To Settle Toxic RMBS Case
• Trump-Era Retirement Rollover Regs Taking Effect As Planned
• SPAC Surge Could Have Ripple Effects Overseas
• GOP Sens. Ask SEC To Scrap Nasdaq Diversity Plan
• Key Deliverables For SPAC Parties Amid Growth Trend
• SEC Pans Fugitive CEO's 'Straw-Man' Effort To Depose Attys
• SEC's $30M Ponzi Suit Takes Step Toward Victim Payments
• Facebook Investors Win Look At Some FTC Deal Records
• Lyft Wants Calif. State IPO Suit Scrapped In Light Of Fed. Case
• SEC Draws 'Critical' Line Between Settlements And Waivers
• FirstEnergy Must Face Discovery Over Ohio Bribery Scheme
• Coronavirus Litigation: The Week In Review
• Early Robinhood Ruling Marks Rocky Start For Traders' Suits
• Firms See Tech As Key To Anti-Money Laundering Compliance
• Calif. Biotech Firm Settles SEC's COVID-19 Blood Test Claims
• Paxton's Ex-Associates Tell Court He Belongs In Fraud Suit
• SEC's 'Boilerplate' Deal With Ex-State Street Exec Irks Judge
• Building A Law Firm Knowledge Bank For Thought Leadership
• Securities Market Urgently Needs Federal Insider Trading Law
• Shareholder Accuses Peabody Of Hiding Mine Safety Issues
• 3rd Circ. Won't Revive Challenge To WaMu Ch. 11 Deal
• Calif. Judge Tells DLA Atty On Zoom: 'At Least Have A Tie On'
• FirstEnergy Must Face Suit Over $60M Bribery Scheme
• Tribune Publishing, Class Near Chancery Poison Pill Suit Deal
• PNC Ducks Suit Over Alleged Role In $75M Ponzi Scheme
• Ex-CBD Firm Exec Seeks Ax of Employer's Countersuit
• Shareholder Suit Against Data Software Company Thrown Out
• Latest OCC Crypto Bank Approval Hints At Post-Trump Future
• Atlanta Firm To Pay FINRA Fine Over Fund-Switching Lapses
• GPB Capital Exec Pleads Not Guilty In $1.8B Fraud Case
• Del. Justices Unsure $12M Deal 'Mootness Fee' Is Off-Base
• Bernstein Litowitz Says Hiring Ex-Client Poses No Conflict
• Robinhood Users Face Uphill Fight For TRO In GameStop Suit
• Atlanta's Chief Judge Plans To Take Senior Status In May
• Driving Forces Shaping The Life Settlements Market
• Cos. Should Keep A Close Watch On SIGPR Enforcement
• Let's Emerge From The Pandemic As Legal Innovators
• Full 9th Circ. Asked To Rehear Tesla Model 3 Disclosures Suit
• What New Corporate Disclosures Mean For Real Estate
• Indivior Investor Wants OK For $2M Deal In Suboxone Dispute
• Holland & Knight Adds Ex-DLA Piper Finance Partner
• Congress Should Leave Proxy Advice Rule Review Up To SEC
• Traders' Fine Upped To $7.5M Following High Court Precedent
• Cooley, Kirkland Pilot SPAC Merger For $3.8B Air Taxi Startup
• Chancery Suit Over Busted $1.5B Amex Deal Settled
• Nasdaq, NYSE Challenge New SEC Stock Price Data Rules
• LA-Area Atty Indicted In $4.5M Investment Fraud Scheme
• SEC Judge Fines Accountants Over CBD Co.'s Cooked Books
• Duff & Phelps, EisnerAmper Aided $789M Ponzi, Investors Say
• SEC Enforcement Gets Obama-Era Investigative Power Back
• Con Man Can't Get Redo In $43M Tribal Bond Conviction
• Chancery Picks Class Leads For $1B Kyocera-AVX Merger Suit
• Ex-HSBC Banker Can't Skip Prison, But Wins Vaccine Delay
• SEC Wants Clearer Risk Disclosures Amid Market Volatility
• FINRA GameStop Probe May Put Firms' Compliance In Focus
• Former GPB Capital CEO Denies Alleged Role In $1.8B Fraud
• SMTC Investor Seeks To Block Deal With HIG Capital
• Investor Group Slams Amazon Response To Ala. Union Drive
• Chancery Tosses Suit Over $2.4B Kate Spade-Coach Merger
• A Road Map For US Involvement In Europe's Cum-Ex Probe
• Ex-Theranos COO's Fraud Trial Moved To January 2022
• 2nd Circ. Says No 2nd Shot For Milberg In $12M Fee Dispute
• Anticipating Predictive Analytics' Potential Uses In Litigation
• Ohio Tax Talk: Don't Neglect The Business Income Deduction
• Seismic Data Co. To Pay $3.5M To Exit Investors' Fraud Suit
• Novelion Therapeutics Seeks Ch. 15 To Wind Up Liquidation
• Clover Health Investor Says Co. Hid DOJ Probe During Merger
• Robinhood Sued Over 20-Year-Old Trader's Suicide
• Appeal Of PG&E Ch. 11 Plan Tossed Over Stay Failure
• Trustee Tells Chancery Trial Needed For RCS-Schorsch Suit
• Investment Co. Claims Fund Is Trying To Extort Weed Shares
• Judge Blocks Investors' $39M Spectrum Deal Amid Objection
• Tesla Buys $1.5B Of Bitcoin As Musk Touts Meme Crypto
• National Securities Settles Former Exec's Whistleblower Suit
• SEC Gets Default Win Against Crypto Fraud Conspirators
• Education Software Investors Sue Over $2B Thoma Bravo Deal
• Claim Clipped From Cardinal Investors' Suit Over Opioids
• Biotech Consultant Hit With Insider Trading Charges
• This Black History Month, Law Firms Should Challenge Norms
• 'Short Squeeze' Class Actions Face Uphill Battle
• EB-5 Investors Settle Claims PNC, Ex-Banker Aided Fraud
• Giuliani-Linked Businessman Gets 1 Year For $2.3M Fraud
• What Energy Sector Should Expect From Biden's Tax Policies
• Calif. EB-5 Project Failed, Stiffed Chinese Investors, Suit Says
• Financial Services Co. Boss Gets 2 Years For $4.4M Fraud
• Calif. Firm Wants 'Short Squeeze' Suits Sent To San Francisco
• OCC Greenlights Second Crypto Custodian As National Bank
• Lead Plaintiff Booted From Endo Suit Over 97-Second Lag
• Funds Rip Ghosn's Appeal Bid In Nissan Pay Scandal Suit
• SEC Names Acting Deputy Director Of Enforcement
• VW Can't Use 'Unclean Hands' Defense In SEC Emissions Suit
• Ex-Cred CFO Ordered To Return Bitcoin To Crypto Co.
• PCAOB Enforcement Scorecard Informs On Future Priorities
• US Cos. Must Get Ready For EU Human Rights, Climate Policy
• Judges On Race
• Attys For Southern Co. 'Clean Coal' Investors Get $24M
• Law Firm Penalties On Departing Partners Just Got Riskier
• Luckin Coffee Seeks Ch. 15 Protection In New York
• Google's Security Problem Bigger Than A Bug, 9th Circ. Told
• PennyMac Class Seeks Chancery OK For $6.8M Settlement
• Biden Pulls Trump Picks For 1st Circ., Other Courts, Agencies
• Coronavirus Litigation: The Week In Review
• FedEx Beats Investors' Cyberattack Suit For Good
• Ill. Judge Approves $50M Project Investment Fraud Settlement
• SEC Seeks Comments On Money Market Fund Reform
• CytoDyn Panel Seeks To Reverse $14M Directors Award
• Illiquid Asset Valuation Presents Unique Risks Amid Pandemic
• 7 Takeaways From Recent Del. Statutory Appraisal Litigation
• 5th Circ. Affirms Stanford Ponzi Investors Can't Intervene
• Countries Need Int'l Forum For Sovereign Debt Restructuring
• Litigation Funder Wants Cut Of $350M Shire Deal
• GPB Capital Founder, 2 Others Charged With $1.8B Fraud
• 7th Circ. Ends Retaliation Suit Stemming From SEC Disclosure
• NJ Case Has Lessons On Arbitration Clauses In Atty Retainers
• SEC Sues Giuliani Associates Over 'Fraud Guarantee' Scheme
• NY Judge Again Nixes Papa John's Investors' #MeToo Suit
• Canadian Court Preserves Restructure Of Pot Co. IAnthus
• FINRA Warns Of Potential China-Linked Trading Schemes
• SourceHOV Creditors Seek Injunction Over Stripped Assets
• Securities Filings Drop In 2020 With Fewer M&A, State Suits
• Cred Inc. Subsidiary's Ch. 11 Case Survives Dismissal Bid
• TCF Sued Over Planned $22B Merger With Huntington
• 2nd Circ. Won't Revive Investor Suit Over GE Turbine Flaw
• It's Time For The SEC To Overhaul Cryptocurrency Regulation
• Project Finance Will Be Key To Developing Hydrogen Market
• Ex-BigLaw Bankruptcy Atty Pleads Guilty In Extortion Rap
• Top Sen. Banking Republican Seeks Capital Markets Bill Ideas
• Hagens Berman, Pomerantz Vie To Lead Pebble Mine Suit
• Tips For Protecting Privilege When Working With Outside PR
• Ill. Panel Says Lumber Exec Diverted Profits To Son's Co.
• 3 Procurement Priorities For Law Firms In Uncertain Times
• Tyson Hit With Investor Suit Over Lackluster Virus Response
• Northrop Unit Beats Bids To Toss 'Sprawling' Coverage Suit
• DOJ, SEC Urge High Court To Vacate Goldman Cert. Decision
• SEC Nabs Partial Win Against Ex-Biotech Executives
• WilmerHale Hires Ex-Promontory Consultant As DC Partner
• Final OK On $1.2B Valeant Deal Earns Robbins Geller $157M
• CenturyLink Strikes $55M Deal To End Investor Class Suit
• Texas Natural Gas Trader Cops To Nearly $1M Fraud Scheme
• Investors Seek Class Cert. In Humira Marketing Suit
• NewLink Inks $13.5M Deal In Investor Suit Over Cancer Drug
• 'Shameless' Crimes In Giuliani-Linked Case Merit Jail, US Says
• Warren Seeks Answers From Robinhood Over Trading Limits
• Former WageWorks Execs Must Repay Co. $2M In SEC Deal
• FINRA Report Puts 'Game-Like' Trading Apps On Notice
• An OFAC Compliance Checklist For Ransomware Payments
• Fla. Judge Cites News, Chats In Recusing From Robinhood
• Robbins Geller Seeks $23M Cut Of $84M MetLife Investor Deal
• Icahn Cos. Sue Insurers To Cover Refinery Buyout Suit
• How Debtor-In-Possession Loans Guide On Libor's Exit
• UK Is Proof Nonlawyer Ownership Threatens Legal Profession
• FHFA Promotes Atty To General Counsel
• Arnold & Porter Nabs Ex-Jones Day Capital Markets Pro
• Insider Trading Suspects Have A Right To Silence, ECJ Rules
• Calif. Crypto Promoter Accused Of $11M Fraud
• GE Investors Can't Revive Trimmed Claims After 6th Attempt
• Attys Seek $2.5M Fees For Jay Peak-Linked Malpractice Case
• Lawsuits Mount As Robinhood Eases Trading Restrictions
• 11th Circ. Backs 14-Year Sentence For Investment Fraudster
• SEC Names ESG Adviser Amid More Progressive Agenda
• Milberg Asks 2nd Circ. For 2nd Chance In $12M Fee Dispute
• Con Man's New Trial Bid Looks Doomed In 2nd Circ.
• High-Speed Trader To Pay $15M To Settle Spoofing Suit
• 5 Biden-Era Corporate Compliance Considerations
• CFTC Sues Trader For Alleged Swap Price Manipulation
• Del. M&A Ruling Shows Pragmatic View On Expert Reports
• Microcap Firms Agree To Arbitrate Part Of Client Theft Suit
• Remote Bar Exams Pose New Learning Disability Challenges
• Attys For Clean Fuel Investors Request Quarter Of $1.7M Deal