Securities

  • July 31, 2026

    FirstBank Denies Complicit Ties In Epstein Survivor's Suit

    FirstBank Puerto Rico pushed back Thursday on proposed class claims it was complicit in Jeffrey Epstein's crimes by serving as his "longest" running banking partner, saying in New York federal court it only provided the late sex offender "routine banking services" and did not have any knowledge of his sex trafficking operations.

  • July 31, 2026

    SEC Puts Brakes On New Nasdaq Delisting Standard

    The U.S. Securities and Exchange Commission has temporarily prevented Nasdaq from implementing new delisting standards that could boot dozens of small companies off the exchange while it hears an appeal from a coalition of affected businesses.

  • July 31, 2026

    Amazon Misled Buyers On Seafood Sustainability, Suit Claims

    Shoppers accused Amazon on Friday of overstating the sustainability of seafood sold under its Whole Foods Market brand and others, claiming in a proposed class action that the company uses "unqualified, unsupported, and at times untrue environmental and ecological representations" to trick buyers into paying more for the products.

  • July 31, 2026

    CFTC Fines George Santos Over Prediction Market Trades

    The U.S. Commodity Futures Trading Commission ordered convicted former U.S. Rep. George Santos to pay $35,000 to settle claims he manipulated a prediction market on whether he would attend the 2026 State of the Union address.

  • July 31, 2026

    AI Drugmaker Investors Seek Final OK For $9.75M Fraud Deal

    A class of investors in the artificial intelligence-driven drugmaker BioXcel Therapeutics Inc. has moved for final approval of a $9.75 million settlement to resolve claims that the stock price plunged after the company's late disclosure of compliance problems with a clinical trial for an Alzheimer's drug, and class counsel is seeking around 25%.

  • July 31, 2026

    Musk Wants 9th Circ. To Weigh Twitter Investor Trial Loss

    Elon Musk wants the Ninth Circuit to review two orders entered in a securities case in California federal court accusing him of defrauding Twitter shareholders, according to a notice of appeal.

  • July 31, 2026

    FinCEN's Gacki To Join Citi As Global Head Of Sanctions

    Andrea Gacki, director of the Treasury Department's Financial Crimes Enforcement Network, will join Citigroup this October as the bank's global head of sanctions, after more than 25 years of service in the departments of Justice and Treasury.

  • July 31, 2026

    3 Firms Steer TMX Group's $2.3B US Exchange Combo Deal

    Toronto Stock Exchange operator TMX Group has agreed to take a controlling stake in MEMX and combine the U.S. exchange operator with options market BOX, in a deal that values the combined business at about $2.3 billion. 

  • July 31, 2026

    Insulet Urges Full Fed. Circ. To Revive $59M Trade Secret Win

    Insulin product developer Insulet Corp. has asked the full Federal Circuit to hear its arguments for reinstating a jury's $59.4 million trade secret theft verdict against EOFlow Co. Ltd., saying a split panel decision overturning the award reached a timeliness issue that was not mentioned by either party.

  • July 31, 2026

    Taxation With Representation: Latham, Matheson, S&C, Weil

    In this week's Taxation With Representation, DCC Energy PLC backs a takeover offer from investment firm KKR and Energy Capital Partners, the parent company of the New York Stock Exchange acquires MarketAxess Holdings Inc., and Grant Thornton Advisors LLC buys professional services adviser CBIZ Inc.

  • July 31, 2026

    Energy Co. Hid Reliance On Chinese Raw Materials, Suit Says

    Bloom Energy Corp. has been hit with a proposed class action in California federal court alleging the renewable energy company and its top brass misled shareholders by understating the extent to which it depended on Chinese scandium, a critical raw material used in its fuel cells.

  • July 31, 2026

    SEC Says NY Adviser Owes $489K For Overbilling Clients

    The U.S. Securities and Exchange Commission on Friday secured a nearly $500,000 agreement with a New York-based investment adviser that it says overcharged clients by failing to discount certain referral fees.

  • July 31, 2026

    NY Takes Aim At Kalshi's 'Illegal Gambling Operation'

    New York sued Kalshi in state court early Friday, alleging that the prediction market giant is running a vast "illegal gambling operation" by allowing customers to trade on the outcomes of events across sports, politics and culture.

  • July 31, 2026

    ITV Launches £100M Buyback After Securing £1.6B Sale Deal

    ITV PLC kicked off a share buyback program worth up to £100 million ($134 million) on Friday after it agreed earlier in July to sell its broadcast and streaming division to Sky Group for as much as £1.6 billion.

  • July 30, 2026

    2nd Circ. Judge Denies Kalshi Shield From NY Action, For Now

    Kalshi faced a setback in its bid for a temporary shield against a potential New York enforcement action when a Second Circuit judge said she wouldn't rule on the request on her own, and sent the matter to a three-judge panel to decide.

  • July 30, 2026

    SEC Beats Fintech CEO's Suit Over Shutdown-Era Case

    A D.C. federal judge dismissed a suit from the founder of Triterras Fintech alleging the U.S. Securities and Exchange Commission violated federal law by suing him during the government shutdown last year, holding that the founder has another avenue to fight the agency's claims.

  • July 30, 2026

    Hayward Investor Atty Fees Bid Cut To $5M By Judge

    A New Jersey federal judge has cut roughly $1.5 million from a requested fee for attorneys who negotiated a $20 million settlement between pool equipment maker Hayward Holdings Inc. and its investors, finding that the firm did not provide enough information to back up the reasonableness of its requested fee.

  • July 30, 2026

    CFTC Proposes Conflict Rules For 'Vertically Integrated' Firms

    The Commodity Futures Trading Commission on Thursday proposed rule amendments to address conflicts of interest among affiliated firms, heeding the call of a White House report last year that urged securities and commodities regulators to consider their approaches to so-called vertically integrated business models.

  • July 30, 2026

    Latham Secures SEC Relief For Data Center Securitizations

    U.S. Securities and Exchange Commission staff have freed some types of data center financing from having to comply with Dodd-Frank Act rules on credit risk retention and conflicts of interest, agreeing with Latham & Watkins LLP attorneys' arguments that the financial instruments are not asset-backed securities.

  • July 30, 2026

    Wells Fargo Can't Collect $4M 'Stranger' Policy, 8th Circ. Says

    The Eighth Circuit on Thursday upheld a ruling that an insurer does not have to pay out a $4 million life insurance policy to Wells Fargo Bank NA, finding the policy taken out on the now-deceased man was void because it was obtained through a scheme meant to benefit investors.

  • July 30, 2026

    Del. Chancery Axes Student Loan Co. 'Unfair' Lender Deal Suit

    A Delaware vice chancellor has dismissed, with prejudice, a stockholder lawsuit seeking to block new "highly dilutive" borrowing from the top lenders and shareholders of international student loan provider MPower Financing PBC, finding that the statutory safe harbor provision of Delaware corporation law protects the transaction, which will hand control of the company to two hedge funds.

  • July 30, 2026

    Cloud Tech Co. Hid AI Shift's Toll On Revenue, Investor Says

    Rackspace Technology, a cloud computing and artificial intelligence solutions company, has been accused of misleading investors about the value of its strategic partnership with Advanced Micro Devices Inc. and its decision to shift capital away from its private cloud business, resulting in a recent financial guidance cut.

  • July 30, 2026

    Mets Become 1st MLB Team To Partner With Prediction Market

    Sports trading app Novig announced Thursday that it has become the exclusive, official prediction market partner of the New York Mets, marking the first time a Major League Baseball team has collaborated with such a company.

  • July 30, 2026

    Exec Who Tried To Buy English Soccer Club Denies Fraud Rap

    A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to adjourn his October trial. 

  • July 30, 2026

    Kalshi Sports Offerings Appear On Shaky Ground At 6th Circ.

    A Sixth Circuit panel looked askance at Kalshi's push to have its sports event contracts shielded from state gambling regulators Thursday, pointedly questioning the prediction market giant about the difference between its offerings and traditional sports bets.

Expert Analysis

  • Roundup

    The Most Talked-About Supreme Court Decisions Of 2026

    Author Photo

    This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

  • Texas Business Court Rulings Show Deal Terms Paramount

    Author Photo

    As the courts within the Texas Business Court system have begun reaching the substantive merits of the cases before them, they are persuasively demonstrating they will not only enforce the terms of transactions as written, but will also embrace a holistic approach to complex transaction documentation interpretation, says Christopher Pace at Winston Taylor.

  • Agentic AI And Securities Law: Who Is The Adviser?

    Author Photo

    Securities regulation has always been actor-based, but as agentic artificial intelligence becomes more common, it will push the law toward a partially system-based framework in which systems themselves, and the relationships between them and their deployers, are the focus of regulatory attention, says Joseph A. Hall at Davis Polk.

  • Why SEC Climate Rule Rescission Wouldn't End Disclosure

    Author Photo

    If the U.S. Securities and Exchange Commission's recent proposal to rescind its 2024 climate-related disclosure rules is adopted, companies would no longer need to prepare for the rules' specific governance, emissions, attestation, financial statement and tagging requirements, but several important constraints would remain, say attorneys at Venable.

  • Have Private Suits Filled Gap Left By SEC's Crypto Pullback?

    Author Photo

    In the wake of the U.S. Securities and Exchange Commission's regulatory retreat in the crypto space, private litigants have pursued claims across different types of crypto-related activities and market participants, but whether private lawsuits have replaced SEC enforcement remains unclear, says Simona Mola at NERA.

  • Why Biotech Cos. Need Litigation Plans Before Bad News

    Author Photo

    Biotech companies should take proactive steps to respond to the growing trend of securities litigation filed against them, due to the inherently uncertain nature of their business models and heightened scrutiny of clinical trial disclosures, regulatory communications and investor-facing statements, says Wesley Horton at FBFK.

  • New Va. Finance Laws Signal Consumer Protection Push

    Author Photo

    Virginia's 2026 legislative session produced several noteworthy developments for financial institutions, including garnishment reforms, mortgage assumption requirements and debt collection reforms, signaling broader trends toward increased consumer protection, enhanced fraud prevention obligations and greater accountability in financial services operations, says Jay Spruill at Woods Rogers.

  • A Potential Turning Point For Short-And-Distort Claims

    Author Photo

    A California federal jury's conviction of Andrew Left signals that the historically blurry line between securities fraud and legitimate criticism of companies is growing clearer, and that there is a viable recourse against so-called short-and-distort campaigns intended to create a false impression of the market, say attorneys at Baker McKenzie.

  • 5 Rulings Clarify Limits On Chapter 15 Public Policy Exception

    Author Photo

    Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy court may grant in a domestic case and relief it may recognize under Chapter 15 of the Bankruptcy Code when a foreign court has entered the order, say attorneys at Pierson Ferdinand.

  • High Court's FCC Fine Ruling Reframes Agency Enforcement

    Author Photo

    The U.S. Supreme Court's recent decision in Federal Communications Commission v. AT&T sweeps aside uncertainty about what kinds of regulatory enforcement trigger a Seventh Amendment right, say attorneys at Squire Patton.

  • CFTC Policy Substantially Expands Self-Reporting Incentives

    Author Photo

    A recent U.S. Commodity Futures Trading Commission policy moves from a mitigation-centered model to prioritizing declination for early self-reporting and full cooperation, reflecting a deliberate effort to harmonize voluntary self-disclosure incentives across the federal enforcement authorities, say attorneys at Sullivan & Cromwell.

  • Opinion

    Exxon Shareholders Were Right To Save New Voting Program

    Author Photo

    Following Exxon shareholders’ recent vote that rejected a bid to dismantle the company’s new retail voting program, other companies should replicate it as a way to lower the friction for shareholders who already vote with the board to keep doing so without wrestling a ballot every spring, says J.W. Verret at the Antonin Scalia Law School.

  • Series

    Choral Singing Makes Me A Better Lawyer

    Author Photo

    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • What Ratings Overhaul May Mean For Banking Industry

    Author Photo

    Proposed revisions to the bank rating system commonly known as CAMELS could constrain examiner discretion and tie supervisory outcomes more closely to measurable financial risk, potentially saving compliance costs, reducing the frequency of ratings downgrades and spurring a more growth-oriented banking system, say attorneys at Debevoise.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

    Author Photo

    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Securities archive.