Securities

  • September 09, 2026

    Klarna Wants Out Of Investor Action Over Loan Risks

    Payments company Klarna Group PLC has asked a New York federal court to dismiss it from an investor suit accusing it of damaging shareholders by failing to disclose losses associated with its "buy now, pay later" loans ahead of its 2025 initial public offering, saying its projections were neither inaccurate nor misleading.

  • September 09, 2026

    Ex-Nikola CEO's Pardon Doesn't Let Him Beat Investor Suit

    The presidential pardon Nikola founder Trevor Milton received for his criminal conviction on securities fraud charges does not bar him from facing similar civil claims alleging he and the electric-vehicle startup exaggerated the viability of the company's prospects, an Arizona federal judge ruled.

  • September 09, 2026

    Dentsply Investor Suit Over Pandemic Woes Lined Up For Trial

    Dental health products supplier Dentsply Sirona is set to face trial over claims that it misled investors about the extent of its pandemic-era woes after a New York federal judge largely denied the company's bid to defeat a shareholder class action.

  • September 09, 2026

    Biz Group Says Centene 401(k) Suit Threatens Investor Choice

    The U.S. Chamber of Commerce supported Centene Corp.'s effort to toss a suit claiming it mismanaged its $4.7 billion retirement plan through excessive management fees and opaque trusts, arguing the suit is improperly attempting to cast certain investment vehicles as inherently untrustworthy.

  • September 09, 2026

    Unions, Feds Reach Deal In Gov't Shutdown Layoffs Suit

    A coalition of unions has reached a settlement in principle with the Trump administration resolving litigation in California federal court challenging layoffs at federal agencies during the 2025 government shutdown, pending approval from the U.S. Department of Justice.

  • September 09, 2026

    Labaton Reboots Whistleblower Practice With Ex-SEC Chair

    Investor-side firm Labaton Keller Sucharow LLP has tapped two former U.S. Securities and Exchange Commission veterans to lead a new practice representing whistleblowers before the SEC and other federal regulators, reviving a service that the firm provided five years ago.

  • September 09, 2026

    Kalshi Can't Keep Iowa Gaming Regulators At Bay

    An Iowa federal judge has declined to shield Kalshi from the state's gambling watchdog, voicing skepticism that the prediction market platform's sports event contracts should be federally regulated as swaps.

  • September 09, 2026

    Va. Judge Tosses Bulk Of EB-5 Investors' Fraud Suit

    A Virginia federal judge has nixed multiple claims lodged by a group of 14 Vietnamese EB-5 project investors against a law firm and other parties that allegedly refused to provide investment refunds for a "doomed" hotel redevelopment project.

  • September 08, 2026

    Parler Legal Dustup Revealed Rifts, Jury Hears From Ex-CEO

    Parler's ousted CEO testified Tuesday in his trial against former partner Rebekah Mercer that in 2020, her lawyers' pushback on restructuring provisions recommended by Parler's lawyers was an early clue that "something didn't seem right."

  • September 08, 2026

    Underdog Sues 5 States To Shield Sports Wagers

    Prediction market operator Underdog sued five states Tuesday to head off potential gambling enforcement actions over its sports event contracts, becoming the latest firm to argue its federally-regulated platform is beyond the reach of state gaming laws.

  • September 08, 2026

    Freddie Mac Asks 6th Circ. To Rehear Financial Crisis Case

    Freddie Mac is urging the Sixth Circuit to reconsider its recent revival of a shareholder lawsuit dating to the 2008 financial crisis, arguing an appellate panel "usurped" the lower court's authority by allowing investors to argue for class certification a third time.

  • September 08, 2026

    Gaming Group Says CFTC Can't Override NY's Gambling Laws

    The American Gaming Association has pushed back against efforts by the U.S. Commodity Futures Trading Commission to permanently bar New York from cracking down on prediction markets, arguing that states are responsible for tailoring sports betting rules for their communities.

  • September 08, 2026

    10th Circ. Won't Block Utah Enforcement Amid Kalshi Appeal

    A pair of Tenth Circuit judges on Tuesday declined to shield Kalshi from Utah gaming regulators while it challenges a lower court ruling that cleared the way for the state to enforce its gambling laws against the firm's sports event contracts.

  • September 08, 2026

    Binance Seeks Dismissal Of Terrorist Attack Victims' Suit

    Binance and its former CEO pushed a federal judge in Manhattan to dismiss a lawsuit claiming the cryptocurrency exchange aided and abetted 30 terrorist attacks, saying the plaintiffs still couldn't plausibly allege that the company provided knowing and substantial assistance to foreign terrorist organizations.

  • September 08, 2026

    SEC Sues Proxy Adviser Firm ISS For Client Voting Records

    The U.S. Securities and Exchange Commission has asked a Pennsylvania federal court to enforce a subpoena against Institutional Shareholder Services, alleging the proxy advisory firm is improperly withholding information about the voting advice ISS gives institutional investors due to fears of retaliation.

  • September 08, 2026

    DC Circ. Seems To Back SEC FOIA Withholding In Data Breach

    A D.C. Circuit panel appeared skeptical Tuesday that a civil liberties group should get access to the identities and internal documents of U.S. Securities and Exchange Commission officials involved in a 2022 "control deficiency" that resulted in the dismissals of over 40 administrative cases.

  • September 08, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week saw disputes involving a former NFL star and a $2.5 million solar venture, Morgan Stanley's role in Fox Corp.'s planned $22 billion acquisition of Roku Inc., and JPMorgan Chase & Co.'s effort to pause more than $20 million in legal-fee payments to former Frank executives.

  • September 08, 2026

    Quantitative Trader's Trade Secret Trial Pushed To November

    A trial that was set to begin Sept. 14 in a case of a quantitative trader accused of stealing his former employer's trade secrets was pushed to November after a New York federal judge ruled Tuesday that the court and parties needed more time to litigate the admissibility of a defense witness.

  • September 08, 2026

    Ex-Mass. Town Official To Plead Guilty To Pot Investor Fraud

    A former elected official in the central Massachusetts town of Grafton has agreed to plead guilty to misleading investors into giving him nearly $500,000 for stakes in two cannabis businesses he planned to open, then using the funds to pay off debts for two other businesses, according to a Tuesday filing.

  • September 08, 2026

    Venable Adds Ex-SEC Commissioner Crenshaw To DC Office

    Venable LLP announced Tuesday it has hired Caroline Crenshaw, who was the lone Democratic member of the U.S. Securities and Exchange Commission until her term ended in January, as a partner in the firm's Washington office.

  • September 08, 2026

    Wachtell, Simpson Thacher Guide $3.9B EverBank, WaFd Deal

    EverBank Financial Corp. and WaFd Inc. have agreed to combine through a $3.9 billion reverse merger, in a deal steered by Wachtell Lipton Rosen & Katz and Simpson Thacher & Bartlett LLP. 

  • September 04, 2026

    Judge Won't Drop Charges Against Adani's Co-Defendants Yet

    Five co-defendants in the federal government's dismissed securities fraud case against Indian billionaire Gautam Adani are still on the hook for bribery conspiracy and other charges after a New York federal judge denied the government's request to have the claims dropped, saying the government had not yet supplied a sufficient factual basis to support its dismissal request.

  • September 04, 2026

    SEC Says Adviser Used Investor Funds For Gambling, Trips

    The U.S. Securities and Exchange Commission announced on Friday it has reached a $3.2 million settlement with a Chicago-based investment adviser accused of gambling away and misspending much of the millions of dollars he raised from individual investors in a purported high-return loan scheme.

  • September 04, 2026

    SEC Fines Ex-Bancorp CFO Over Improper Annual Report

    The Bancorp Inc.'s former chief financial officer will pay $30,000 to settle allegations from the U.S. Securities and Exchange Commission that he filed an annual report with purported audit opinions on the firm's financial statements despite knowing the auditors hadn't provided their final approval for the statements.

  • September 04, 2026

    Fla. Judge Finds Atty, CEO Hindered Forex Ponzi Receiver

    A Florida federal judge on Friday held an attorney and a convicted Ponzi schemer in civil contempt for obstructing a receiver appointed to help recover stolen proceeds in a foreign currency trading fraud, saying they were part of a group formed to discourage investors from trying to get their money back. 

Expert Analysis

  • How 9th Circ. 'Shadow Trading' Case May Affect Private Credit

    Author Photo

    Private credit firms should not wait for a result in the Ninth Circuit appeal in U.S. Securities and Exchange Commission v. Panuwat to address material nonpublic information exposure under existing statutes and take steps to ensure their internal policies and surveillance are ready for increased regulatory scrutiny, says Steve Brown at StarCompliance.

  • Inside Differing State Approaches To Prediction Market Taxes

    Author Photo

    As states adopt divergent approaches to prediction market platforms through both legislation and litigation, and the landscape is anything but settled, the emerging patchwork of state taxes on prediction markets presents novel questions about characterization, preemption and compliance, say attorneys at Holland & Knight.

  • FDIC Proposals Mark Pullback In Bank Resolution Rules

    Author Photo

    A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolution-related capabilities from a mandatory exercise to a voluntary one supported by significant financial incentives, amounting to an overall reduction in reporting requirements, say attorneys at Moore & Van Allen.

  • Series

    Being A Singer Makes Me A Better Lawyer

    Author Photo

    Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.

  • Parsing Who Gets The Track Record In A Venture Partner Split

    Author Photo

    A recent California federal court order in TEEC Angel Management v. Tsingyuan Ventures allowing Lanham Act claims to proceed confirms that the question of who gets to tell the story of a shared win is now being litigated as false advertising instead of industry professional etiquette, says Ben Dubin at VC Expert Services.

  • $400M Serta Ruling Offers Warning On Uptier Deal Risks

    Author Photo

    A Texas bankruptcy court's recent remand ruling, which disallowed Serta Simmons Bedding’s uptier debt exchange and awarded $400 million to the minority lenders, demonstrates why deal counsel negotiating similar agreements should clearly define exceptions and lien subordination, while litigators should lean on express terms, says Jamie Aycock at Yetter Coleman.

  • How 2nd Circ. Raised The Bar For Pleading Securities Fraud

    Author Photo

    In Huey v. Anavex, the Second Circuit recently appeared to increase the burden on securities fraud plaintiffs in pleading loss causation where no immediate share price decline follows the corrective disclosure, generating new questions that district courts must grapple with, say attorneys at Skadden.

  • High Court Rulings Could Alter Agency Strategy For Cos.

    Author Photo

    The U.S. Supreme Court's recent decisions in Trump v. Slaughter and Trump v. Cook mark major turning points in the law of independent agencies and in how regulated companies should think about federal enforcement, rulemaking and agency-facing strategy, say attorneys at Holtzman Vogel.

  • How CME Suit May Reshape CFTC's Crypto Derivatives Rules

    Author Photo

    CME Group's recent lawsuit over the U.S. Commodity Futures Trading Commission's approval of a Kalshi application to offer a bitcoin perpetual contract as a futures product could have cascading consequences for crypto derivatives regulation, highlighting why policy ambitions do not override statutory text or substitute for reasoned decision-making, says attorney Tamara de Silva.

  • JPMorgan Ruling Shows Courts' Limited Role In Fee Fights

    Author Photo

    The Delaware Chancery Court's recent decision that JPMorgan Chase must cover more than $21 million in disputed legal fees for two former executives of the startup Frank illustrates the reality that companies, not the courts, are responsible for ongoing supervision of legal spending, says Theodore Edelman at GCE Advisors.

  • Preparing For Next Congress With Eye On Investigation Risk

    Author Photo

    Rod Rosenstein, Brian Whisler and Bruce Linskens at Baker McKenzie offer advice for organizations seeking to build a proactive response plan to potential congressional oversight as the election looms.

  • OCC Letter Affirms Nat'l Banks' Shield From State Licensing

    Author Photo

    The Office of the Comptroller of the Currency recently published a letter supporting Fidelity Digital Assets' stance that state money transmitter licensing requirements do not apply to national banks, confirming the agency's long-standing interpretive position on this issue, say attorneys at Katten.

  • The Debanking Minefield: Navigating Fair Access In 2026

    Author Photo

    Federal regulators' recent elimination of reputational risk from bank supervision, alongside a growing patchwork of state fair access laws, is reshaping how banks make account and service decisions and ushering in a new compliance era requiring individualized, objective and risk-based access determinations, say attorneys at Spencer Fane.

  • Tips For Investors, Creditors Before Venezuela Restructuring

    Author Photo

    As Venezuela enters the first genuinely actionable phase of what may become one of the largest sovereign debt restructurings in modern financial history, creditors should strategically evaluate their claim types and investors should consider engaging before formal negotiations commence, says Rodrigo Carvalho at Winston Taylor.

  • Fed Autonomy Rests On Narrow Exception After Justices Rule

    Author Photo

    The U.S. Supreme Court’s recent decisions in Trump v. Cook and Trump v. Slaughter expand presidential removal power while temporarily preserving the Federal Reserve’s independence, but there is uncertainty about which of the Fed’s authorities fall within the court’s narrow monetary-policy exception, says Keith Bradley at Squire Patton.

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.