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Securities
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January 15, 2026
SEC Taps Ex-BlackRock, GSA Atty To Be General Counsel
The U.S. Securities and Exchange Commission announced Thursday a former BlackRock senior attorney and U.S. General Services Administration top lawyer will be its next general counsel, as the agency gets underway with a regulatory agenda that prioritizes easing administrative burdens and facilitating capital formation.
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January 15, 2026
7th Circ. Backs $22M Restitution For Convicted Fraudster
The Seventh Circuit on Wednesday affirmed a lower court's order that a man convicted of a fraudulent investment scheme causing investors to lose roughly $23 million must fork over $21.6 million in restitution, finding he had waived his challenge to the amount the district judge credited for what had already been recovered.
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January 15, 2026
NY Bill Criminalizes Unlicensed Cryptocurrency Businesses
Manhattan District Attorney Alvin Bragg and New York State Sen. Zellnor Myrie on Thursday announced a proposed law to criminalize operating a cryptocurrency business without a license, saying crypto has become an "ideal vehicle for money laundering."
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January 15, 2026
House OKs Restricting ESG Investment In 401(k) Plans
The U.S. House of Representatives greenlighted a bill Thursday that would restrict how retirement plan managers can consider environmental, social and governance issues when picking investments, codifying a 2020 U.S. Department of Labor rule requiring a sole focus on financial risk factors.
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January 15, 2026
Chancery Won't Fast-Track Paramount's Bid For WB Info
The Delaware Chancery Court on Thursday denied Paramount Skydance Corp.'s request for expedited proceedings in its disclosure suit against Warner Bros. Discovery Inc., ruling that Paramount failed to show it faced irreparable harm from alleged omissions tied to WBD's recommendation against Paramount's hostile tender offer.
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January 14, 2026
Monolithic Fights Investor Claims Over Nvidia Issues
Power management parts maker Monolithic Power Systems Inc. wants out of an investor suit accusing it of hiding critical defects in power modules used by its largest customer, Nvidia Corp., arguing that the suit's "fraud-by-hindsight" claims are not actionable.
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January 14, 2026
SEC Gets Mixed Marks On Handling Shareholder Proposals
Shareholders, companies, directors and professional advisers generally have low to moderate satisfaction with how the U.S. Securities and Exchange Commission handles the shareholder proposal process, according to a wide-ranging report on proxy proposals released Wednesday.
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January 14, 2026
Wells Fargo Brass Gets 1st OK For 'Fake' Diversity Suit Deal
A California federal judge has granted the first green light to a settlement reached between Wells Fargo investors and executives in a derivative suit claiming the bank's leadership failed to address the company's discriminatory lending practices and engaged in "fake" interviews with diverse candidates.
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January 14, 2026
Swedbank Says DOJ Has Closed AML Probe Without Action
Swedbank, one of the biggest banks serving Europe's Baltic region, said Wednesday that the U.S. Department of Justice has released it from a long-running anti-money-laundering-related investigation, removing another U.S. legal cloud hanging over the lender.
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January 14, 2026
SEC To Lean On Congress As Defense In High Court Case
The U.S. Supreme Court is once again stepping into the debate over when the U.S. Securities and Exchange Commission can demand that alleged fraudsters give up ill-gotten gains, but this time the agency plans to argue a 2021 government spending bill should save it from further limits to its disgorgement powers.
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January 14, 2026
Senate Banking Committee Postpones Crypto Bill Markup
The Senate Banking Committee on Wednesday night postponed a highly anticipated mark-up of a bill to regulate the cryptocurrency industry, hours after Coinbase CEO Brian Armstrong voiced his opposition to the latest draft, saying his firm would "rather have no bill than a bad bill."
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January 14, 2026
Oracle Sued By Pension Plan Over AI-Linked Debt Disclosures
The Ohio Carpenters Pension Plan filed a proposed class action Wednesday in New York state court against Oracle, its founder Larry Ellison and other top brass, alleging the company failed to disclose that it would need to sell significant extra debt to fund its artificial intelligence buildout.
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January 14, 2026
Calif. Car Cos. Hit With $200M Chancery Fraud Suit
Several California-based car companies, as well as their leader and current and former executives, orchestrated a fraudulent acquisition and asset transfer scheme designed to render a lucrative fuel trading contract worthless and shield a defense contractor from more than $200 million in liabilities, a lawsuit brought Wednesday in the Delaware Chancery Court says.
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January 14, 2026
Biotech Co. CytoDyn In Talks To End Investor Class Action
A federal judge has given the green light for biotech company CytoDyn Inc. and its former leadership to move forward with a potential settlement of a proposed class action that accused the company of misleading shareholders over the alleged approval of its COVID-19 and HIV drug.
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January 14, 2026
'The Work Has Changed': How White Collar Attys Are Coping
The Trump administration's dramatic policy enforcement changes over the past year, along with turmoil and turnover at the U.S. Department of Justice, has tilted the white-collar world on its axis, forcing lawyers and firms to abruptly shift focus and expand their practices, sometimes beyond traditional white-collar criminal defense matters.
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January 14, 2026
2nd Circ. Suspects Forum Shopping In Credit Suisse Suit
Two Second Circuit judges Wednesday sounded inclined to uphold the dismissal of a breach of duty claim against Credit Suisse and others tied to its auditing firm, with one saying the decision to bring the stock-plunge case in New York "almost smacks of forum shopping."
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January 14, 2026
MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners
The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.
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January 14, 2026
Pharma Co. Consultant Charged With Insider Trading
A New Jersey man is facing securities fraud charges after using his access to drug trial results for a Boston-area pharmaceutical company to make nearly $500,000 in profits, federal prosecutors say.
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January 14, 2026
Alternative Asset 401(k) Investing Rule Sent To OMB
The White House Office of Management and Budget is reviewing a proposed rule from the U.S. Department of Labor's employee benefits arm related to fiduciary duties involved with alternative asset investing in 401(k)s, marking the last hurdle before the regulations' release for public comment.
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January 14, 2026
Crypto Network Cofounder Sued In Del. Over Looting Claims
A shareholder and cofounder of cryptocurrency-associated cloud business Cerebellum Networks has sued another cofounder and associates in Delaware's Court of Chancery, claiming systematic diversion of some $58 million in "Cere" token assets through an alleged looting of corporate wallets via secret token dumps and other schemes.
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January 13, 2026
Sen. Crypto Bill Tees Up DeFi, Stablecoin Yield For Key Hearing
The Senate Banking Committee's latest proposal to regulate crypto markets takes on issues like decentralized finance, stablecoin interest and customer protections not addressed in previous versions, but experts said the text is far from final and much is to be hammered out at a key hearing this week.
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January 13, 2026
CrowdStrike Beats Investor Fraud Suit Over 2024 Outage
A Texas federal judge has tossed a shareholder suit against CrowdStrike Holdings Inc. over its massive 2024 outage that downed computers worldwide, finding the plaintiffs failed to adequately plead any misleading statements about steps the cybersecurity company was taking to prevent such a system crash.
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January 13, 2026
Old Glory Bank Plans Nasdaq Debut With SPAC Deal
Old Glory Bank, a crypto-friendly lender led by several allies of President Donald Trump and former administration officials, announced Tuesday that it plans to merge with special purpose acquisition company Digital Asset Acquisition Corp. to create a Texas-based corporation named OGB Financial Co.
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January 13, 2026
KuCoin, Chainalysis Beat RICO Suit Over Hack Proceeds
The cryptocurrency exchange KuCoin and its blockchain analysis contractor no longer face proposed class action claims they turned a blind eye to money laundering on the platform, though a Manhattan federal judge found one of the alleged hack victims could revise certain claims against KuCoin.
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January 13, 2026
SEC's Atkins Launches Review Of Corporate Disclosures Reg
U.S. Securities and Exchange Commission Chair Paul Atkins said Tuesday he has directed the Division of Corporation Finance to review the agency's broad regulation covering what qualitative information public companies should disclose in regulatory filings.
Expert Analysis
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Series
Building With Lego Makes Me A Better Lawyer
Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.
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How Banks Can Safely Handle Payments For Gambling Biz
As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.
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SEC Focused On Fraud As Actions Markedly Declined In 2025
The U.S. Securities and Exchange Commission's enforcement activity in its fiscal year 2025 was its lowest in 10 years, reflecting not only a significant decline in the commission's workforce, but also Chairman Paul Atkins' stated focus on fraud and individual wrongdoing and a new approach to crypto regulation, say attorneys at Covington.
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Series
Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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How Cos. Can Prep For Tightened Calif. Data Breach Notices
Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.
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Digital Asset Treasury Trend Signals Wider Crypto Embrace
While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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How The SEC May Overhaul Its Order Protection Rule
Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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How Calif. High Court Is Rethinking Forum Selection Clauses
Two recent cases before the California Supreme Court show that the state is shifting toward greater enforcement of freely negotiated forum selection clauses between sophisticated parties, so litigators need to revisit old assumptions about the breadth of California's public policy exception, says Josh Patashnik at Perkins Coie.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.