Securities

  • May 20, 2026

    Texas AG Sues ISS Over ESG Considerations

    Texas Attorney General Ken Paxton sued Institutional Shareholder Services Inc. on Wednesday for allegedly advising shareholders based on environmental, social and governance considerations rather than the objective advice it advertises, in violation of a Texas consumer law.

  • May 20, 2026

    Pinterest Hit With Derivative Suit Over Tariff Impacts

    Executives and directors of social media platform Pinterest Inc. have been hit with an investor's derivative suit in California federal court accusing them of damaging the company by concealing the impact the U.S. tariffs were having on Pinterest's advertising partners.

  • May 20, 2026

    Veon Investors Get Final OK For $20M Deal, Atty Fees

    Telecommunications firm Veon Ltd. and its investors have received final approval of a nearly $20 million settlement to end claims the company defrauded shareholders by not disclosing it had paid bribes in Uzbekistan. 

  • May 20, 2026

    Ex-DZS Telecom Execs Settle Investor Suit For $2.9M

    Two former executives of bankrupt telecommunications company DZS Inc. have reached a $2.9 million deal to resolve proposed class action claims the company concealed "egregious accounting misconduct," hurting investors after revelations about its accounting practices tanked its share price.

  • May 20, 2026

    FINRA Fines 2 Firms Over Anti-Money Laundering Failures

    The Financial Industry Regulatory Authority announced Wednesday it has recently fined two firms over $1.1 million to settle claims they mismanaged anti-money laundering oversight when processing low-priced securities transactions.

  • May 20, 2026

    Adobe Worker's Spouse Traded On Semrush Buy, SEC Says

    A Silicon Valley project manager will pay the U.S. Securities and Exchange Commission nearly $2 million after self-reporting that he traded on his spouse's insider knowledge that software giant Adobe Inc. was preparing to acquire a digital marketing platform.

  • May 20, 2026

    SEC Watchdog Says Burglar Stole Laptops Amid Shutdown

    Four laptops were stolen from the U.S. Securities and Exchange Commission's Fort Worth, Texas, office after it was burglarized last year, according to the agency's Office of Inspector General.

  • May 20, 2026

    FINRA Opens Reg BI Sweep Over High-Risk Structured Notes

    The Financial Industry Regulatory Authority has opened a review into the marketing of certain high-risk products by broker-dealers in order to determine whether firms are acting in customers' best interests and to assess how they are mitigating conflicts of interest.

  • May 20, 2026

    Gibson Dunn, Davis Polk Guide SpaceX's IPO Filing

    Elon Musk's SpaceX has officially filed plans for its blockbuster initial public offering, a long-anticipated move that could value the private space exploration giant at up to $1.75 trillion.

  • May 20, 2026

    StraightPath Trio Gets Prison For Defrauding Pre-IPO Clients

    A Manhattan federal judge sentenced stock vendor StraightPath's three founders to around a decade each in prison Wednesday, after a jury convicted them of defrauding clients who bought $400 million of pre-initial public offering shares from their Florida private equity firm.

  • May 20, 2026

    Black SEC Worker Claims Bias Suit Drove Retaliation

    A Black U.S. Securities and Exchange Commission employee filed a second employment discrimination suit against the agency, alleging she has been given unrealistic job expectations and placed on a performance improvement plan after claiming in court that her superiors discriminated against her.

  • May 20, 2026

    NJ Pair Settle SEC Insider Trading Suit Over CoStar Purchase

    Two New Jersey men have settled charges from the U.S. Securities and Exchange Commission that they traded shares of a company before it was acquired by CoStar Group in April 2024 after learning of the transaction through a family member. 

  • May 19, 2026

    New CFTC Policy Eyes Smaller Fines, More Declinations

    The Commodity Futures Trading Commission on Tuesday issued a revised policy on cooperation credit in enforcement matters, outlining how factors such as self-reporting, cooperation and remediation can help respondents secure fine reductions or potential declinations.

  • May 19, 2026

    Davis Wright Adds Former Amazon Atty As Partner

    Davis Wright Tremaine LLP has recruited former Amazon in-house counsel Kevin Kramer to join its Seattle office, the law firm announced Tuesday, highlighting his track record of representing the e-commerce giant in consumer class actions and other commercial disputes.

  • May 19, 2026

    Cigna Can't Knock Out 401(k) Forfeiture, Fund Suit

    Cigna can't escape a proposed class action alleging that underperforming investment offerings and misallocated forfeitures in its employee 401(k) plan cost workers millions, after a Pennsylvania federal judge ruled Tuesday that alleged violations of federal benefits law were sufficiently backed up to reach discovery.

  • May 19, 2026

    KBR Argues CEO Said Nothing False Before DOD Program Ax

    Engineering firm KBR Inc. has urged a Texas federal judge to toss a proposed class action alleging the company misled investors about a government partnership to help relocate military personnel, saying its CEO made no false statements before the deal's termination.

  • May 19, 2026

    SEC Eyes Public Market Reforms With 2 New Proposals

    The U.S. Securities and Exchange Commission on Tuesday introduced a pair of proposals that could make it easier for publicly traded companies to raise capital through so-called shelf offerings while also reducing disclosure requirements for more issuers, arguing the proposals would bolster the public markets. 

  • May 19, 2026

    Data Security Firm Inflated Subscription Growth, Investor Says

    An artificial intelligence-powered data management and security company overestimated its annual revenue growth by $6 million, leading to inflated stock sales and dramatic losses, according to a proposed investor class action filed in New Jersey federal court Monday.

  • May 19, 2026

    CFTC Sues Minnesota Over Law Banning Prediction Markets

    The U.S. Commodity Futures Trading Commission sued Minnesota on Tuesday to block a newly enacted ban on prediction markets, the sixth state the CFTC has taken to federal court to assert control over regulation of the markets.

  • May 19, 2026

    Alphabet Investors Win Class Cert. In Ad Auction Suit

    A California federal judge certified a class of Alphabet investors accusing Google and CEO Sundar Pichai of misleading the market about whether its digital ad auctions favored Facebook's advertising network, finding common questions outweigh individualized issues.

  • May 19, 2026

    Webster Bank Investor Drops Suit Over $12B Santander Sale

    A shareholder of Webster Financial Corp. withdrew with prejudice his lawsuit alleging the bank's expected $12.3 billion cash-and-stock sale to Banco Santander SA undervalued Webster while enriching its CEO, according to a notice filed in Connecticut state court Monday.

  • May 19, 2026

    Investor Who Lost $586K To Lead McDermott Stock Suit Subclass

    A Texas federal judge has appointed a man who claims some $586,833 in losses to lead a subclass of stock purchasers in a suit accusing energy industry engineering giant McDermott International Inc. of misleading investors during its $6 billion merger with Chicago Bridge & Iron Co. NV in 2018.

  • May 19, 2026

    NJ Plans To Take 3rd Circ. Kalshi Loss To US Supreme Court

    New Jersey plans to seek U.S. Supreme Court review of a recent Third Circuit decision that upheld an injunction on the state's attempt to ban sports prediction markets, according to a joint status report filed by the state and KalshiEx LLC in New Jersey federal court. 

  • May 19, 2026

    Novo Nordisk Says Investor Suit Pleadings Are Impermissible

    Novo Nordisk AS urged a New Jersey federal court to toss a proposed securities class action accusing it of misleading investors about its 2025 revenue outlook, arguing that the plaintiffs failed to plead any materially false or misleading statements.

  • May 19, 2026

    Del. Judge Pushes Firms To Back Up 2nd Bid To DQ Her

    A Delaware vice chancellor has told Friedlander & Gorris PA and two other firms to provide more information in their second bid to disqualify her from presiding over Chancery Court litigation because she previously was an attorney at Skadden Arps Slate Meagher & Flom LLP.

Expert Analysis

  • Why Prediction Market Regulation Is At Major Inflection Point

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

  • Lessons From Justices' Split On Major Questions Doctrine

    Author Photo

    The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.

  • Share Repurchases Leave Cos. Susceptible To Litigation

    Author Photo

    Because share repurchases bring greater ownership, which typically brings greater voting power, they can have serious implications for corporate control, which can raise questions about the unpaid benefits to some shareholders and lead to securities class actions, says Amit Bubna at Bates White.

  • How The New Tariff Landscape May Unfold

    Author Photo

    To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.

  • Assessing Ruling On SEC Industry Bars In Post-Jarkesy World

    Author Photo

    According to a D.C. federal court in Sztrom v. U.S. Securities and Exchange Commission, the U.S. Supreme Court's 2024 decision in SEC v. Jarkesy did not eliminate the commission's ability to pursue industry bars through administrative follow-on proceedings, a major blow for future Article 3 challenges — so long as it stands, say attorneys at Venable.

  • Del. Justices' Upholding Of SB 21 Gives Cos. Needed Clarity

    Author Photo

    The Delaware Supreme Court's recent unanimous decision in Rutledge v. Clearway Energy — upholding 2025 corporate law amendments enacted through S.B. 21, which clarified safe harbor protections and key terms — may help stem the DExit movement, whose proponents have claimed unpredictability in Delaware courts, say attorneys at Nelson Mullins.

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.