Securities

  • December 12, 2025

    Nasdaq Seeks Power To Block IPOs Over Manipulation Risks

    Nasdaq proposed a rule change on Friday that would give the exchange new discretion to block initial public offerings even when companies meet all quantitative listing requirements, citing concerns that certain stocks could be vulnerable to manipulation once they begin trading.

  • December 12, 2025

    Higgs Fletcher Forms White Collar, Regs Enforcement Team

    San Diego-based law firm Higgs Fletcher & Mack LLP has launched a white collar crime and regulatory enforcement defense practice group, citing heightened regulatory scrutiny in the financial and healthcare sectors and rising enforcement risks for licensed professionals and institutions.

  • December 12, 2025

    ArentFox Adds Cross-Border Corporate Atty From Reed Smith

    ArentFox Schiff LLP announced Wednesday that it has added a Los Angeles-based partner from Reed Smith LLP to its corporate and securities practice, calling her "one of the most prominent Chinese-speaking corporate lawyers in the US."

  • December 11, 2025

    Trump Orders Review Of Proxy Advisers' 'Substantial Power'

    President Donald Trump on Thursday issued an executive order that aims to scrutinize the influence that proxy adviser firms like Institutional Shareholder Services Inc. and Glass Lewis & Co. LLC have, including in relation to diversity, equity and inclusion agendas.

  • December 11, 2025

    FSOC To Tack Toward Deregulation For Growth, Bessent Says

    U.S. Treasury Secretary Scott Bessent said Thursday that the Financial Stability Oversight Council will pivot toward a focus on promoting economic growth through deregulation, charting a new course for the panel that mirrors shifts underway at its member agencies.

  • December 11, 2025

    House Passes Bill To Rev Up Investment, Biz Opportunities

    The U.S. House of Representatives on Thursday passed bipartisan legislation that would revamp securities law by making it easier for entrepreneurs and small businesses to access capital and by expanding investment opportunities in private markets.

  • December 11, 2025

    Gemini To Offer Prediction Markets With CFTC License

    Winklevoss-led crypto firm Gemini plans to soon offer prediction markets to customers now that it's won a designated contract market license from the U.S. Commodity Futures Trading Commission.

  • December 11, 2025

    House Weighs CFTC's Future As Admin Looks To Fill Positions

    The White House said Thursday that it will soon fill some of the open leadership positions at the U.S. Commodity Futures Trading Commission, as industry experts and former CFTC insiders told Congress that the agency will need more funding and additional personnel if it's to properly police the cryptocurrency and prediction markets.

  • December 11, 2025

    SEC Gets Amended $32M Win In Real Estate Fraud Suit

    A Florida federal judge on Dec. 11 granted the U.S. Securities and Exchange Commission's bid for an amended $32 million default judgment against three companies owned by two French half-brothers accused of misappropriating $40 million from investors in a real estate investment fraud scheme, and entered a final judgment against one of the brothers.

  • December 11, 2025

    SEC Must Provide Names To Compliance Chief In Fraud Suit

    An Illinois federal judge on Thursday ordered the U.S. Securities and Exchange Commission to comply with a chief compliance officer's request for the names of agency staffers familiar with his whistleblower claims as he defends allegations that he played a role in a purportedly fraudulent stock offering by a "sham" energy company.

  • December 11, 2025

    Smartsheet Investor Sues Over Blackstone, Vista Buyout

    A stockholder in a proposed class action against enterprise software maker Smartsheet Inc. accused the company and its former CEO of underselling the company's performance in the lead-up to its $8.4 billion acquisition this year by Blackstone and Vista Equity Partners, allowing the sale to move forward at an unfairly low share price.

  • December 11, 2025

    Visa Escapes Investor Suit Over DOJ Claims

    A California federal judge has released Visa from a securities fraud suit accusing it of concealing anticompetitive debit practices that are the subject of a lawsuit filed by the U.S. Department of Justice, saying the plaintiffs did not show that Visa's alleged omissions caused investors losses.

  • December 11, 2025

    SEC Gives DTCC Nod To Offer Tokenization Service

    The U.S. Securities and Exchange Commission on Thursday issued a no-action letter clearing the way for The Depository Trust & Clearing Corp. to launch a service tokenizing certain securities.

  • December 11, 2025

    Chancery OKs $13M Concord SPAC Deal, Delays Fee Ruling

    Delaware Vice Chancellor Paul A. Fioravanti Jr. on Thursday approved a $13.08 million settlement resolving claims that Concord Acquisition Corp.'s insiders tried to divert a $20 million breakup fee to themselves after the SPAC's failed merger with cryptocurrency company Circle, but he deferred ruling on attorney fees until plaintiffs supply additional time records.

  • December 11, 2025

    Del. Court Mulls Mootness Fee Options In Bolt Suit Settlement

    A Delaware vice chancellor indicated Thursday that he was leaning toward awarding 10% to 15% of the benefit secured by attorneys who battled for cancellation of $37.5 million in Bolt Financial Group stock used by company controller Ryan Breslow to secure a later defaulted-upon personal loan.

  • December 11, 2025

    Fed Terminates 3 Actions Against Credit Suisse, JPMorgan

    The Federal Reserve said Thursday that it has terminated a trio of enforcement actions against Credit Suisse Group AG and JPMorgan Chase & Co., lifting consent orders that were tied to alleged illicit finance practices and trade surveillance failures.

  • December 11, 2025

    Terraform Founder Gets 15 Years For 'Epic' $40B Crypto Scam

    A Manhattan federal judge hit Terraform founder Do Kwon with a 15-year prison sentence Thursday, saying he caused "real people to lose $40 billion in real money" as he orchestrated a massive fraud that sunk the once high-flying crypto concern.

  • December 11, 2025

    Mass. Lawyer Accused Of Misusing Pot Shop Investor Funds

    A Massachusetts lawyer took a 50.1% stake in a cannabis startup in exchange for what he said was a discount on fees for legal work he would perform, then botched the license application and misused investor funds, a lawsuit filed in state court alleges.

  • December 11, 2025

    Solaris Energy Top Brass Sued Over Turbine Co. Acquisition

    The top brass of Solaris Energy Infrastructure have been hit with an investor derivative suit in Texas federal court alleging they failed to disclose that a turbine leasing company Solaris acquired lacked the "track record" that it was touted to have, had only one client, and that its owner had a history of "turbine-related fraud," among other things.

  • December 11, 2025

    Chancery Skeptical Of B. Riley Investors' Investment Loss Suit

    A vice chancellor in the Delaware Chancery Court on Thursday pressed the lawyer for a B. Riley Financial Inc. stockholder to justify Caremark oversight claims tied to the investment firm's failed bets on the Franchise Group Inc., repeatedly questioning whether the complaint plausibly alleged bad faith board inaction rather than business judgment disagreements.


  • December 11, 2025

    Connell Foley Beats DQ Bid In NJ Investment Bias Case

    A federal judge on Thursday threw out a renewed bid by an investment firm suing the state of New Jersey to disqualify the state's counsel at Connell Foley LLP, finding there was no previous attorney-client relationship to justify disqualification.

  • December 11, 2025

    Attys Seek $9.8M For Opendoor Investor Suit Deal

    Attorneys from Labaton Keller Sucharow LLP asked an Arizona federal court for nearly $10 million for their work negotiating a $39 million settlement between real estate firm Opendoor Technologies Inc. and its investors to resolve claims the company overhyped its pricing algorithm software.

  • December 11, 2025

    Firms Get $650K Fees For $2M Deal In Smart Lock Co. Suit

    A judge has approved $650,000 in fees for lead plaintiff's counsel as part of a $1.95 million settlement to end a Delaware federal court suit claiming a smart lock system company misrepresented key business metrics in the lead-up to its 2021 go-public merger.

  • December 11, 2025

    Bradley Arant Adds Former Hilgers Graben Name Partner

    Bradley Arant Boult Cummings LLP has strengthened its litigation practice with a partner in Dallas who came aboard from Hilgers Graben PLLC, where he was a founder of that firm's Dallas shop.

  • December 10, 2025

    Del. Court Keeps Alive Board Liability Claims In Blue Bell Suit

    Citing questions surrounding a five-year failure to press director and officer claims to liability releases during litigation over tainted ice cream, a Delaware vice chancellor on Wednesday rejected judgment on the pleadings favoring the releases, marking the latest twist of the eight-year Blue Bell Creameries damages saga.

Expert Analysis

  • Series

    Traveling Solo Makes Me A Better Lawyer

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    Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.

  • 6th Circ. FirstEnergy Ruling Protects Key Legal Privileges

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    The Sixth Circuit’s recent grant of mandamus relief in In re: First Energy Corp. confirms that the attorney-client privilege and work-product protections apply to internal investigation materials, ultimately advancing the public interest, say attorneys at Cooley.

  • Del. Ruling Reaffirms High Bar To Plead Minority Control

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    The Delaware Court of Chancery's recent decision in Witmer v. Armistice maintains Delaware's strict approach to control and provides increased predictability for minority investors in their investment and corporate governance decisions, says Elena Davis at Ropes & Gray.

  • Series

    Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • How Occasional Activists Have Reshaped Proxy Fights

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    The sophistication and breadth of first-time activist engagement continue to shape corporate governance and strategic outcomes, as evidenced across corporate annual meetings this summer, meaning advisers should anticipate continued innovation in tactics, increased regulatory complexity, and a persistent focus on board accountability, say attorneys at MoFo.

  • US-German M&A Hits Its Stride Despite Economic Headwinds

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    Against expectations, dealmakers in both the U.S. and Germany are actively seeking investment opportunities in each other's markets, with 2025 shaping up to be the strongest year in recent memory, say attorneys at White & Case.

  • Enter The Wu-Tang Ruling That May Change Trade Secret Law

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    A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.

  • How Financial Cos. Can Prep As NYDFS Cyber Changes Loom

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    Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.

  • Opinion

    Ending Quarterly Reporting Would Erode Investor Protection

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    President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • A Look At Project Crypto's Plans For Digital Asset Regulation

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    U.S. Securities and Exchange Commission Chairman Paul Atkins' recent announcement of Project Crypto, an agencywide initiative to modernize federal securities regulations, signals a significant shift toward a more flexible regulatory framework that would shape the future of the U.S. digital asset market, say attorneys at WilmerHale.

  • Series

    Painting Makes Me A Better Lawyer

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    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • 3 Trends From AI-Related Securities Class Action Dismissals

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    A review of recently dismissed securities class actions centering on artificial intelligence highlights courts' scrutiny of statements about AI's capabilities and independence, and sustained focus on issues that aren't AI-specific, say attorneys at Alston & Bird.

  • CFTC, SEC Joint Statement Highlights New Unity On Crypto

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    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.

  • Regulatory Uncertainties Loom As Fed Ends Crypto Oversight

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    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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