Securities

  • June 02, 2026

    Pharma Co. Inks $7M Deal To End Investor's Cancer Study Suit

    A Spectrum Pharmaceuticals Inc. investor has asked a New York federal court to approve a $7 million deal resolving class action claims alleging the drugmaker overstated its regulatory prospects for winning approval for a cancer treatment.

  • June 02, 2026

    Investors Say Anadarko Ex-Banker's Opinions Are Unreliable

    A class of investors suing Oxy-acquired Anadarko Petroleum Corp. for allegedly lying to them about the value of the Shenandoah deepwater oil field project in the Gulf of Mexico told the court that the company's former banker would provide unreliable and legally improper expert testimony to jurors.

  • June 02, 2026

    SEC Floats Strategic Plan For Next Four Years

    The U.S. Securities and Exchange Commission on Tuesday said it plans to reevaluate how administrative proceedings operate and to write regulations governing the cryptocurrency industry, calling for public feedback as it put forth Chairman Paul Atkins' vision for running the agency over the next four years. 

  • June 02, 2026

    NY, EU Banking Agencies To Share Stablecoin Oversight Info

    New York's Department of Financial Services and the European Banking Authority said Tuesday that they plan to share information about their respective supervision, monitoring and investigations of stablecoin issuers and markets under a new memorandum of understanding.

  • June 02, 2026

    Trump Taps Housing Finance Head For Intelligence Role

    President Donald Trump announced Tuesday on Truth Social that he was naming Federal Housing Finance Agency head and political ally William Pulte as acting director of national intelligence.

  • June 02, 2026

    CFTC Awards More Than $8M To 5 Whistleblowers

    The Commodity Futures Trading Commission has awarded more than $8 million to five whistleblowers who, the derivatives market regulator said, provided information leading to an enforcement action against a fraudulent scheme.

  • June 02, 2026

    Kalshi Looks To Halt Minnesota Sports Prediction Market Ban

    Kalshi has moved to freeze the enforcement of a new Minnesota law barring prediction markets, telling a federal judge the company will face "acute" harm if it is unable to offer sports event contracts on its online platform.

  • June 02, 2026

    Texas Crypto Group Ordered To Halt Unregistered Token Sales

    The Texas State Securities Board announced it has entered an emergency order to halt a purported property group, its principals and an associated Texas resident from offering and selling unregistered and fraudulent tokenized real estate investments, saying the conduct "threatens immediate and irreparable public harm."

  • June 02, 2026

    11th Circ. May Lower Bar For Getting ERISA Claims To Court

    Several Eleventh Circuit judges voiced support during en banc arguments Tuesday for overturning precedent backing the appellate court's exhaustion requirement for federal benefits claims, signaling the potential reinstatement of a proposed class action alleging mismanagement of a seafood company's employee stock ownership plan.

  • June 02, 2026

    Feds Scrub 'Reputation Risk' From Raft Of Banking Guidance

    Federal banking regulators said Tuesday that they are reissuing a slew of longstanding guidance documents to take out mentions of so-called reputation risk, the latest move in the Trump administration's push to eliminate bank examiners' use of the concept.

  • June 01, 2026

    SEC Defends Deal Over Musk's Late Twitter Buy-Up Disclosure

    The U.S. Securities and Exchange Commission on Monday defended its settlement with Elon Musk over his initial purchase of Twitter stock in 2022, saying the deal was not the result of collusion, after the D.C. federal judge overseeing the case questioned whether Musk was getting special treatment.

  • June 01, 2026

    Citron Founder Convicted Of Manipulating Stock Prices

    A California federal jury Monday returned a verdict finding Citron Research founder Andrew Left guilty of using his public platform, including tweets, to manipulate the stock prices of a slew of companies, according to the U.S. Department of Justice.

  • June 01, 2026

    Investors Say Overnight Crypto Founder 'Diverted' $12.5M

    A California federal judge on Monday dissolved a temporary order freezing $12.5 million in crypto at the center of a proposed class action from investors who claim the founder of crypto project Overnight "diverted" funds after promising them a share of control.

  • June 01, 2026

    Valeant Investors Should Get Cert. In PwC Fight, Report Says

    A special master recommended Monday that a New Jersey federal judge certify a class of Valeant Pharmaceuticals stockholders looking to hold PwC liable for missing "red flags" that could have caught what they called market manipulation by the pharmaceutical company, rejecting the professional services giant's argument that the lead plaintiff's claims are atypical and "lawyer-driven."

  • June 01, 2026

    Feds Must Share Info On Source Code They Say Was Stolen

    A New York federal judge on Monday denied a quantitative trader's bid to escape a charge of trade secret theft but granted his request for prosecutors to turn over information on the source code he allegedly stole.

  • June 01, 2026

    Anthropic Confidentially Files IPO Plans

    Artificial intelligence giant Anthropic announced Monday that it had confidentially submitted a proposed initial public offering to the U.S. Securities and Exchange Commission, just days after it hit a post-money valuation of $965 billion after securing $65 billion of investor commitments in its massive Series H funding round.

  • June 01, 2026

    Data Protection Co. Hit With Stockholder Suit In NJ

    Data protection company Commvault was hit with a stockholder suit Friday in New Jersey federal court alleging that the company violated federal securities law with misleading statements about its projected annually recurring revenue growth for the 2026 fiscal year.

  • June 01, 2026

    KnowBe4 Escapes Suit Over $4.6B Take-Private Deal

    Security awareness platform KnowBe4 and several affiliates successfully argued for dismissal of a suit from shareholders challenging the company's $4.6 billion sale to private equity firm Vista Equity Partners, with the court finding the suit does not adequately allege the company's ex-CEO and its financiers breached their fiduciary duties.

  • June 01, 2026

    Cold Storage Co. Says Investors Can't Claim Misleading IPO

    Investors in temperature-controlled warehouse giant Lineage Inc. can't show they were misled about the company's prospects ahead of its $4.4 billion initial public offering in 2024, the company has argued in Michigan federal court, arguing it plainly disclosed at the time that it was debuting amid a "soft" market for cold storage.

  • June 01, 2026

    Justices Seek Feds' Input On Robinhood Investor Suit

    The U.S. Supreme Court on Monday asked the government to weigh in on a dispute between trading app operator Robinhood and investors who sued over the company's $2.1 billion initial public offering, as the high court considers whether to hear the case.

  • June 01, 2026

    GM Investors Seek Cert. In Cruise AV Securities Fraud Suit

    General Motors investors who alleged the automotive giant misrepresented technological capabilities and commercial readiness of its self-driving unit's robotaxis urged a Michigan federal judge to grant class certification, arguing Friday the merits of their securities fraud case "turn on a common course of misconduct — defendants' public misrepresentations."

  • June 01, 2026

    Titan Of The Plaintiffs Bar: Labaton Keller's Michael Canty

    When Labaton Keller Sucharow LLP partner and general counsel Michael Canty decided to pursue a legal career, he had no doubt about what type of lawyer he wanted to be. 

  • June 01, 2026

    M&A Atty, Others Deny Roles In BigLaw Insider Trading Ring

    Fifteen defendants, including an ex-Goodwin Procter LLP associate, pled not guilty Monday to participating in an insider trading scheme involving confidential deal information stolen from some of the largest U.S. law firms.

  • June 01, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled disputes involving merger litigation, startup financing battles, cryptocurrency contracts, investor oversight claims and corporate governance challenges, while also issuing notable rulings in cases tied to World Wrestling Entertainment Inc., cybersecurity company KnowBe4 Inc. and biotechnology firm Ayala Pharmaceuticals Inc.

  • May 29, 2026

    Binance Beats Claims It Helped Finance Hamas Terror Attack

    A D.C. federal judge on Friday dismissed claims by victims of the Oct. 7, 2023, attacks in Israel that corporate entities operating the Binance cryptocurrency exchanges helped the Islamic resistance movement Hamas carry them out by letting terrorist-linked users move money on their platforms.

Expert Analysis

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • What Texas Anti-Boycott Ruling Means For ESG Landscape

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    A Texas federal court's recent ruling in American Sustainable Business Council v. Hegar that Texas' anti-ESG law is unconstitutional on First Amendment grounds will likely embolden legal challenges to similar laws in other states that have adopted fossil fuel boycott statutes, say attorneys at ArentFox Schiff.

  • How To Wield The Clarity Act As A Litigation Defense Tool

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    The Clarity Act is being discussed as a future compliance statute, but for litigators it can be used as a present-day defense tool to strengthen fair‑notice framing, argue for forward‑looking remedies rather than punitive ones and reprice settlement leverage as statutory clarity approaches, say attorneys at Baker McKenzie.

  • Series

    Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • How DExit, Mandatory Arbitration Could Alter IPO Outlook

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    As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies to implement mandatory arbitration provisions, these developments could have a major impact on the initial public offering, securities class action, and directors and officers insurance landscapes, says Walker Newell at Arthur J. Gallagher & Co.

  • Why Prediction Market Regulation Is At Major Inflection Point

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    As prediction markets experience tremendous growth and rapid mainstream adoption, regulators have begun to exercise enforcement authority to ensure market integrity and protect participants, though forthcoming guidance will shed light on how aggressively the agencies will police the fast-changing landscape, say attorneys at Latham.

  • The Benefits Of Choosing A Niche Practice In The AI Age

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    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • Risk Disclosure Lessons For AI Cos. From Dot-Com Era

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    Regulatory responses following the dot-com collapse reflected a consistent emphasis on whether public disclosures enabled investors to understand the economic reality underlying reported performance, a focus that is likely to shape how artificial intelligence infrastructure disclosures are evaluated if market expectations similarly deteriorate, say Diana Connor, Adrienna Huffman and Bin Zhou at the Brattle Group.

  • The Practical Implications Of New FDIC Stablecoin Measures

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    The Federal Deposit Insurance Corp.'s recent proposal to create a formal process for issuing payment stablecoins arrives with several practical implications for FDIC‑supervised banks pursuing digital asset strategies, including a safe harbor for early applicants and a focus on ownership and governance, say attorneys at Troutman.

  • What The CFTC's Event Contracts Amicus Brief Is Missing

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    The U.S. Commodity Futures Trading Commission's recent amicus brief in the Ninth Circuit's North American Derivatives Exchange v. Nevada case declines to define the boundary between swaps and wagers, leaving market participants, exchanges and intermediaries operating within a regulatory framework whose boundaries remain undrawn, says Tamara de Silva at De Silva Law Offices.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • AG Watch: Ohio Targets DEI Policies

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    As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.

  • Tax Court Ruling Signals Cross-Border Loan Scrutiny

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    The U.S. Tax Court’s recent decision in Aventis v. Commissioner compounds ongoing regulatory focus on debt originations and should prompt practitioners to assess their existing cross-border lending structures for potential exposure to U.S. federal income tax, say attorneys at Eversheds.

  • Del. Coinbase Outcome May Have Been Different In Texas

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    The Delaware Court of Chancery's recent decision in Grabski v. Andreessen, finding that a member of the Coinbase special litigation committee was not independent, provides guidance for Delaware boards regarding the formation, composition and operation of SLCs, while offering a counterpoint to the procedures available to Texas-incorporated companies, says John Lawrence at Baker Botts.

  • Why The NCUA's Stablecoin Moment Matters

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    The National Credit Union Administration, a historically conservative federal agency, recently proposed a detailed stablecoin licensing framework, confirming that the proposition of building a regulatory architecture within the banking industry has moved well past "whether" and firmly into "how," says Stephen Aschettino at Fox Rothschild.

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