Securities

  • January 09, 2026

    Ready Capital, Broadmark Want Securities Suit Moved To NY

    Two real estate investment trusts and other parties urged a Washington federal court to transfer the proposed securities class action they're facing to New York federal court, arguing that the move is needed because the suit overlaps with a case in that state.

  • January 09, 2026

    OCC Floats Rule To Clarify Trust Companies' Broader Scope

    The Office of the Comptroller of the Currency is proposing to amend its chartering regulations to make clear that national trust companies can engage in nonfiduciary activities, potentially resolving an area of contention that banking industry advocates have raised as crypto-focused firms applied for trust charters.

  • January 09, 2026

    Ex-Doximity Exec Cops To $2.5M Insider Trading Scheme

    The former chief revenue officer of publicly traded medical professional networking platform Doximity pled guilty Friday in New York federal court to securities fraud in connection to allegations that he illegally profited more than $2.5 million by trading on private information about the company's finances and layoff plans.

  • January 09, 2026

    SEC's 'Hack-To-Trade' Suit Was Unfairly Served, UK Man Says

    An accused hacker in the U.K. seeks to shed U.S. Securities and Exchange Commission allegations he made $3.75 million trading on nonpublic information he improperly gained access to, arguing he'd been unfairly served in prison.

  • January 09, 2026

    30 Dems Back Bill Limiting Officials' Prediction Market Trades

    U.S. Rep. Ritchie Torres, D-N.Y., introduced his plan to ban public officials from trading in certain prediction markets on Friday with the backing of 30 House Democrats, including former House Speaker Nancy Pelosi, D-Calif.

  • January 09, 2026

    Pa. Justices Urged To Apply Jarkesy To State Proceedings

    A Pennsylvania financial professional has asked the state's Supreme Court to consider, in a matter of first impression, whether the state Constitution guarantees a right to a jury trial in securities fraud enforcement actions brought by the state regulator, arguing that the U.S. Supreme Court's Jarkesy ruling should be incorporated against states.

  • January 09, 2026

    FINRA Fines Wells Fargo Unit $1.25M For Close-Out Failures

    Wells Fargo has agreed to pay $1.25 million to resolve the Financial Industry Regulatory Authority's claims that during a seven-year period, the bank's clearing and custody services unit left certain transactions in municipal securities unresolved for longer than it was supposed to.

  • January 09, 2026

    Water Co. Investor Pulls Merger Suit Alleging $2B Loss

    A Primo Brands Corp. stockholder has dropped a 3-month-old securities lawsuit accusing company officials of wiping out $2 billion in shareholder value over two days last November by hiding issues during a merger with fellow water seller BlueTriton Brands Inc.

  • January 09, 2026

    Fintech Co. Ends Botched-Valuation Suit Against Ga. Firm

    A British fintech company has resolved its suit against Atlanta-based accounting firm Frazier & Deeter LLC over an allegedly botched stock valuation, according to a Thursday court filing.

  • January 09, 2026

    Nano Nuclear Beats Investor Suit Over Biz Prospect Claims

    Nano Nuclear Energy Inc. has won dismissal of a shareholder class action accusing it of misleading investors about its progress toward regulatory approval and commercialization of its energy products, with the court finding the plaintiffs failed to show the company's statements were false or intentionally deceptive.

  • January 09, 2026

    Vanguard Investors Win Final OK For $25M Tax Suit Deal

    A Pennsylvania federal judge finalized a $25 million settlement to end a class action accusing Vanguard of triggering an asset sell-off that saddled investors with capital gains taxes, handing the investors' attorneys more than $8 million in fees.

  • January 09, 2026

    BREAKING: Justices To Resolve Split On SEC Disgorgement Powers

    The U.S. Supreme Court on Friday agreed to hear a case that could resolve a circuit split over whether the U.S. Securities and Exchange Commission has to prove investor harm in order to secure disgorgement from alleged fraudsters. 

  • January 09, 2026

    Gaming Co., Founders Spar Over Survival Game Earnout

    A Delaware Chancery Court judge on Friday pressed lawyers for a video game studio's founders and its South Korean parent on sharply divergent explanations for why the founders were fired and control of the company seized, as the sides argued over post-trial relief in a fast-tracked earnout dispute tied to a potential $250 million payout.

  • January 09, 2026

    Aoki, DraftKings Founder Accused Of NFT Fraud In Fla.

    A Florida attorney brought a proposed class action against record producer Steve Aoki and DraftKings co-founder Matt Kalish in federal court, accusing the two of fraud over promoting nonfungible tokens on social media and misleading buyers that their investments would increase in value. 

  • January 09, 2026

    Bradley Arant Grows In Atlanta With United Homes Group GC

    Bradley Arant Boult Cummings LLP has added the general counsel of United Homes Group Inc. to its Atlanta office, strengthening its public companies team and its corporate and securities practice.

  • January 09, 2026

    Skechers, Tech Co. Investors Sue For Stock Appraisals In Del.

    New entrants have joined two stock appraisal suits now before Delaware's Court of Chancery, potentially adding millions to the stakes in existing battles over the value of shares of footwear venture Skechers Inc. and restaurant software company Olo Inc.

  • January 09, 2026

    Couple Fights To Send Annuity Fraud Case To State Court

    A retired U.S. Navy veteran and his wife, who are accusing Ameritas Mutual Holding Co. and Ameritas Life Insurance Company Inc. of orchestrating a fraudulent investment scheme based on the sale of unsuitable equity-indexed annuities, urged a North Carolina federal court to send the case back to state court. 

  • January 09, 2026

    Husch Blackwell Adds Eversheds Securities Enforcement Atty

    Husch Blackwell LLP has hired a former Eversheds Sutherland counsel in Washington, D.C., who before her most recent role worked as a lawyer with a Financial Industry Regulatory Authority group focused on examining agency members for security law compliance.

  • January 09, 2026

    NC Biz Court Bulletin: Trade Secrets Row, A Patient Data Deal

    The North Carolina Business Court closed out the year by tossing a trade secrets fight brought by a corrugated packing manufacturer against its onetime star salesman and signing off on a $2.45 million settlement ending claims a healthcare system sold patients' data to Meta.

  • January 09, 2026

    Texas Law Firm Sues Former Clients Over $11M Unpaid Fees

    Law firm Williams Simons & Landis PC is suing a group of its former clients, saying they breached a representation contract by failing to pay more than $11 million owed to the firm after a successful trade secrets suit against Walmart.

  • January 08, 2026

    5th Circ. Wary Of Giving Investors Another Go At Lumen Suit

    A Fifth Circuit panel wanted to know why a group of investors should get another shot at a class action against Lumen Technologies Inc. for allegedly covering up its lead-covered copper cables, asking Thursday if the investors told the lower court how they would amend their pleading.

  • January 08, 2026

    11th Circ. Asked To Undo 'Deeply Flawed' Securities Ruling

    Florida-based energy company NextEra Energy Inc. wants the full Eleventh Circuit to reconsider a panel decision to revive an investor lawsuit against the utility operator, asserting that unless undone, the decision would leave the circuit with "the nation's most permissive loss-causation standard."

  • January 08, 2026

    Ardent Health Investors Sue Over Revenue Accounting Issues

    Tennessee-based healthcare provider Ardent Health Inc. was hit with a proposed shareholder class action accusing it of misleading investors about the collectability of accounts receivable and the sufficiency of the company's malpractice liability insurance, saying shares fell over 30% several weeks ago after the company reported disappointing earnings due to those issues.

  • January 08, 2026

    Cannabis-Linked Co. CEO To Pay SEC Fine Over Fraud Claims

    The CEO of a shipping container company for the cannabis industry agreed on Thursday to a five-year officer and director bar and to pay a $100,000 civil penalty to the U.S. Securities and Exchange Commission to resolve the regulator's claims that he concealed his control over the company and related entities, and also deceived investors about the business's revenue source.

  • January 08, 2026

    SEC Floats Plan To Set Small Fund Definition At $10B

    Mutual funds holding $10 billion in assets could soon be categorized as small businesses for the purpose of cutting down on regulatory costs, according to a new proposed rule put forth by the U.S. Securities and Exchange Commission.

Expert Analysis

  • Examining Privilege In Dual-Purpose Workplace Investigations

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    The Sixth Circuit's recent holding in FirstEnergy's bribery probe ruling that attorney-client privilege applied to a dual-purpose workplace investigation because its primary purpose was obtaining legal advice highlights the uncertainty companies face as federal circuit courts remain split on the appropriate test, say attorneys at Proskauer.

  • Hot Topics For Family Offices In 2026

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    For family offices, the throughline of 2026 is disciplined readiness, as navigating impact from the One Big Beautiful Bill Act and platform maturation will be necessary to preserve flexibility and enhance client outcomes, say attorneys at Morgan Lewis.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Judge J. Clifford Wallace of the Ninth Circuit Court of Appeals.

  • Banking M&A Outlook Reflects Favorable Regulatory Climate

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    The banking mergers and acquisitions environment is starting 2026 with a rare alignment of favorable market conditions and a more permissive regulatory atmosphere, creating a clear window for banks to pursue transformative combinations and shape the competitive landscape, say attorneys at Reed Smith.

  • ERISA Litigation Trends To Watch With 2025 In The Rearview

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    There were significant developments in Employee Retirement Income Security Act litigation in 2025, including plaintiffs pushing the bounds of sponsor and fiduciary liability and defendants scoring district court wins, and although the types of claims might change, ERISA litigation will likely be just as active in 2026, say attorneys at Groom Law.

  • 2025's Defining AI Securities Litigation

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    Three securities litigation decisions from 2025 — involving General Motors, GitLab and Tesla — offer a preview of how courts will assess artificial intelligence-related disclosures, as themes such as heightened regulatory scrutiny and risk surrounding technical claims are already taking shape for the coming year, say attorneys at Cooley.

  • Series

    Mass. Banking Brief: All The Notable Legal Updates In Q4

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    Among the most significant developments on the banking regulation front in Massachusetts last quarter, Attorney General Andrea Joy Campbell announced her bid for reelection, and the state Division of Banks continued its fintech focus by finalizing rules implementing a new money transmitter law, say attorneys at Nutter.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • How Shareholder Activism Fared In 2025

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    2025 was a turbulent yet transformative year in shareholder activism, and there are several key takeaways to help companies prepare for a 2026 that is shaping up to be even more lively, including increased focus on retail investors and the use of social media as a tool, say attorneys at Sidley.

  • Justices' Separation-Of-Powers Revamp May Hit States Next

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    The U.S. Supreme Court's 2024 decision in U.S. Securities and Exchange Commission v. Jarkesy quietly laid the groundwork for an expansion of the court's separation-of-powers agenda beyond the federal level, but regulated parties and state and local governments alike can act now to anticipate Jarkesy's eventual wider application, say attorneys at Troutman.

  • Preparing For Congressional Investigations In A Midterm Year

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    2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.

  • Key Trends Shaping ESG And Sustainability Law In 2026

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    2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.

  • How Bank M&A Prospects Brightened In 2025

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    Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.

  • 3 Securities Litigation Trends To Watch In 2026

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    Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.

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