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September 03, 2026
Invesco-managed funds reached a confidential settlement, ending appeals of a Texas bankruptcy judge's decision that Serta Simmons lenders excluded from a debt restructuring deal are owed $400 million.
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September 03, 2026
Boeing investors have asked the full Fourth Circuit to rehear a panel's "extreme" decision overturning class certification in a suit against the aerospace company over its alleged concealment of safety issues with its 737 Max fleet, arguing that the panel decision will create a "vague and unworkable standard" in the circuit if left intact.
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September 03, 2026
The Delaware Chancery Court on Thursday denied a Paramount Skydance Corp. stockholder's bid to fast-track derivative litigation seeking to halt the company's planned $110 billion acquisition of Warner Bros. Discovery, finding that the investor had not shown a sufficient basis for rushing the case toward trial.
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September 03, 2026
The U.S. Commodity Futures Trading Commission told a D.C. federal judge that the Chicago Mercantile Exchange's suit over the agency's approval of Kalshi's bitcoin perpetual futures contract is "much ado about nothing" since the derivatives exchange is free to list its own version of the product.
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September 03, 2026
The D.C. Circuit on Thursday refused to reconsider its decision affirming the enforcement of a $391 million arbitral award issued against Argentina in a 17-year-old dispute over the renationalization of its state-owned airline and denied the country's petition for a rehearing.
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September 03, 2026
A spat between Curaleaf Holdings Inc. and Aurora Cannabis Inc. is playing out publicly after Aurora's board advised shareholders to reject a $272 million unsolicited takeover bid from the rival marijuana company.
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September 03, 2026
The co-founder of defunct social app IRL is fighting fraud charges by claiming that the U.S. attorney's office prosecuting him is conflicted because an attorney who formerly defended IRL in an SEC investigation and is now with the office pushed for him to be charged — and he is disputing prosecutors' denial of impropriety.
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September 02, 2026
Walmart has asked an Arkansas federal court to order food tech startup Zest Labs to comply with a protective order from the parties' settled trade secret dispute and block it from disclosing Walmart's confidential information in Zest's malpractice suit against its former attorneys.
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September 02, 2026
The Seventh Circuit said Wednesday that it will wait to make its arbitration rejection official so a Chicago trading firm can ask the U.S. Supreme Court to determine whether it was correctly ordered to litigate proposed class securities manipulation accusations.
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September 02, 2026
A New York federal court has dismissed a shareholder lawsuit against two former Avaya Holdings Corp. executives, who were accused of misleading investors about the success of the North Carolina-based company's transition from a telecom to a technology firm prior to its bankruptcy filing, finding all challenged statements were forward-looking or inactionable.
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September 02, 2026
A group of investors has moved for class certification in their suit accusing B. Riley Financial Inc. of failing to disclose risks related to its dealings with Brian Kahn, an investment manager who recently pled guilty to securities fraud over his role in the collapse of a $400 million hedge fund.
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September 02, 2026
Telehealth company Hims & Hers Health Inc. was hit with a proposed securities class action accusing it of inflating its share prices by failing to disclose certain practices that led to a suit by the Federal Trade Commission accusing it of sharing customers' sensitive health information with big tech companies and using deceptive billing methods.
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September 02, 2026
Cruise LLC told a Michigan federal judge Tuesday that lead plaintiffs lack standing to pursue their securities fraud class action alleging General Motors Co.'s self-driving car unit misrepresented the technological capabilities and commercial readiness of its robotaxis, and that their class certification bid should be rejected.
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September 02, 2026
A Luna Innovations Inc. stockholder has sued the fiber-optic technology company in the Delaware Chancery Court seeking internal records about its planned sale to an affiliate of private equity firm TJC LP, saying the documents are needed to investigate possible conflicts and whether common shareholders are being shortchanged.
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September 02, 2026
The Ninth Circuit said Wednesday it would not reconsider its decision to revive a proposed class action accusing Funko Inc. of failing to warn investors about tens of millions of dollars' worth of excess toys the company eventually wrote off.
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September 02, 2026
Investors in semiconductor manufacturing company STMicroelectronics have asked a New York federal judge to certify their securities class action alleging company executives failed to acknowledge pandemic-related semiconductor chip demand declines, arguing they all relied upon the executives' public misrepresentations to purchase company shares.
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September 02, 2026
New Jersey regulators on Wednesday asked the U.S. Supreme Court to address the newly emerged circuit split around prediction market regulation, filing a long-awaited petition that challenged a Third Circuit decision blocking the state from pursuing Kalshi's sports event contracts as unlicensed bets.
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September 02, 2026
A Michigan judge bolstered the statewide ban on Kalshi's sports offerings Wednesday, ruling that the state's residents are still at risk of exploitation by the prediction market platform.
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September 02, 2026
Plaintiffs in a shareholder derivative action against the top brass of Vestis Corp. are in a tussle to get different law firms appointed as lead counsel, with the original plaintiff backing The Brown Law Firm PC and the additional plaintiffs pushing The Rosen Law Firm PA and Johnson Fistel PLLP.
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September 02, 2026
JPMorgan Chase & Co. urged the Delaware Chancery Court on Wednesday to pause enforcement of an order requiring it to advance more than $20 million in disputed legal fees to convicted Frank founder Charlie Javice and former executive Olivier Amar, arguing the bank could permanently lose the money before it gets a chance to challenge the ruling.
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September 02, 2026
A Boston federal jury on Wednesday cleared a sheriff of charges that he shook down a cannabis company for a pre-initial public offering investment opportunity.
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September 02, 2026
Federal prosecutors have charged a Texas attorney accused of running a $1.5 million Ponzi scheme and then lying to the U.S. Securities and Exchange Commission in an attempt to dodge liability.
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September 02, 2026
The founder of Linqto, a bankrupt platform that allows investors to buy shares before their initial public offerings, was arrested in California Wednesday and charged in New York federal court with a $450 million price markup scheme.
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September 01, 2026
Executives of a California-based loan origination business and its affiliates were hit with securities violations and criminal charges by the U.S. Securities and Exchange Commission and the U.S. Attorney's Office in federal court over an alleged Ponzi-like scheme that raised over $80 million from unwitting investors.
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September 01, 2026
Billionaire Rebekah Mercer testified Tuesday that her team's strategizing about getting rid of Parler's then-CEO was simply "reacting" to his poor performance, even before the Jan. 6 insurrection sent the social media app "to hell in a handbasket."