-
May 21, 2026
New York's financial services regulator issued new guidance Thursday on the risks associated with cutting-edge artificial intelligence, urging firms to make sure their cybersecurity programs can promptly flag weaknesses that so-called frontier AI models can exploit, among other things.
-
May 21, 2026
A convicted investment fraudster from California can't point to his time awaiting extradition in an Australian prison to get a new, shorter sentence, the Fourth Circuit ruled Thursday.
-
May 21, 2026
A Pennsylvania federal judge has reversed her decision in favor of the U.S. Securities and Exchange Commission over two investment fund managers it accused of fraud, and instead has permanently dismissed the action after finding the agency failed to prove its claims.
-
May 21, 2026
The U.S. Securities and Exchange Commission's Hester Peirce will join the faculty of Regent University School of Law this November after her time at the agency, the university announced, although the commissioner said her departure date has not yet been set.
-
May 21, 2026
A Florida federal judge handed the U.S. Securities and Exchange Commission a win Thursday after finding that a criminal conviction against a moving company owner over a $112 million Ponzi scheme was enough to end the related civil suit in the agency's favor.
-
May 21, 2026
Wells Fargo & Co. and its investors have gotten a final nod for their $85 million deal settling claims the bank conducted "sham" job interviews to meet diversity quotas.
-
May 21, 2026
The National Hockey League and the U.S. Commodity Futures Trading Commission detailed their plans for strengthening oversight of event contracts tethered to the league's games Thursday as fears swirl over insider trading on prediction market sites.
-
May 21, 2026
A sweeping insider trading case involving information stolen from BigLaw firms shows a return to bread-and-butter white collar enforcement for Boston federal prosecutors and provides a morale lift in an office that has seen shifting priorities and staff turnover since the signature "Varsity Blues" takedown in 2019, veteran prosecutors told Law360.
-
May 21, 2026
The former general counsel for the National Futures Association has jumped to private practice at Skadden Arps Slate Meagher & Flom LLP in Chicago.
-
May 21, 2026
This month, Exxon Mobil's defense team helped deliver a clean sweep victory for the energy giant when a federal jury in Texas found the company did not lie to investors about the profitability of some operations.
-
May 21, 2026
Haynes Boone has bolstered its corporate bench in Houston with a former Dentons lawyer who brings particular experience advising clients with complex domestic and cross-border transactions.
-
May 21, 2026
Artificial intelligence and voice recognition company SoundHound AI can't shed investor claims that it hid unresolved accounting issues that led the company to delay financial reporting, though a California federal judge has trimmed some allegations from the proposed class action.
-
May 21, 2026
A Mississippi federal jury has found that Baker Donelson Bearman Caldwell & Berkowitz PC committed negligent supervision as part of a mixed verdict in a trial over claims the firm allowed a timber company's nine-figure Ponzi scheme to unfold under its nose.
-
May 21, 2026
Goldman Sachs has agreed to pay $500 million to end a lawsuit brought by investors who say they lost money after it came to light that the company was allegedly involved in a bribery scandal tied to Malaysia's sovereign wealth fund.
-
May 20, 2026
A group of private equity fund managers and their companies urged a Florida federal court to dismiss a proposed class action brought by investors alleging a conspiracy to steal $150 million through a complex financial scheme, saying the complaint is disorganized and fails to allege wrongdoing.
-
May 20, 2026
Federal regulators have unveiled a proposal to revamp a key ratings system used for grading the condition of banks, outlining changes that could make it harder to penalize banks on exams for governance and compliance issues unless they pose a clear financial threat.
-
May 20, 2026
The Federal Deposit Insurance Corp. faces calls to coordinate with fellow federal agencies and include state banking regulators in its coming application process for stablecoin issuers under its supervision.
-
May 20, 2026
The Federal Reserve on Wednesday moved closer to giving financial technology firms a new route to accessing its payment rails, advancing a formal proposal to create a special type of "payment account" while calling for a pause on some pending full-account decisions.
-
May 20, 2026
Dow Jones urged a New York federal judge to toss a defamation suit brought by Binance over a Wall Street Journal article saying the cryptocurrency exchange fired internal investigators who uncovered transactions that purportedly went to sanctioned Iranian-backed entities, arguing that Binance hadn't shown the article was published with actual malice.
-
May 20, 2026
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
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
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
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
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
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.