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September 17, 2026
An unvetted chatbot and lax security policies allowed hackers to access personal and financial information of nearly 15,000 customers of online brokerage TradeZero America, the Massachusetts Securities Division said Thursday in announcing a $750,000 fine against the company.
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September 17, 2026
Inovalon Holdings Inc. investors have agreed to a $44 million settlement to end their Delaware Chancery Court suit challenging the healthcare data company's $7.3 billion take-private sale to a Nordic Capital-led consortium, resolving claims that stockholders were misled about conflicts involving the deal's financial advisers.
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September 17, 2026
Advertising solutions company AppLovin was hit with a shareholder's proposed class action accusing it of overstating the strength and utility of its artificial intelligence models and failing to disclose delays affecting a promised AI video tool.
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September 17, 2026
Nuclear power plant equipment company Holtec Nuclear Corp. on Thursday said it has postponed an expected initial public offering advised by Gibson Dunn & Crutcher LLP.
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September 17, 2026
The Delaware Chancery Court has dismissed a stockholder suit challenging the $4.4 billion sale of analytics software company Alteryx Inc. to private equity firms Insight Venture Management LLC and Clearlake Capital Group LP, finding that an overwhelming stockholder vote approving the deal wiped out the investors' fiduciary duty claims.
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September 17, 2026
A New York federal judge has sentenced a former Long Island stockbroker to 4.5 years in prison, after he admitted duping investors as he and others hawked nearly $200 million of pre-initial public offering shares, including for fraud-ridden vendor StraightPath.
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September 17, 2026
The Federal Trade Commission has ditched its historical multimember, multiparty ethos for a one-party regime in which fewer dissents might make it easier for Chairman Andrew Ferguson to pursue his agenda, but it also forecloses the potential "moderating influence" that comes with winning broad buy-in from commissioners of two parties.
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September 17, 2026
The U.S. Securities and Exchange Commission on Thursday unveiled its long-awaited innovation exemption, permitting certain crypto projects and liquidity providers to support tokenized stock trading for a five-year period without registering as exchanges or dealers.
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September 16, 2026
Two founders of a now-shuttered fecal testing startup have agreed to pay $125,000 each to put to rest the U.S. Securities and Exchange Commission's allegations that they used a fraudulent insurance billing scheme to get $60 million from investors, according to an announcement made Wednesday.
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September 16, 2026
A California federal judge on Wednesday tossed an investor's proposed class action accusing Grocery Outlet Holding Corp. of botching the implementation of an enterprise resource planning system that caused disruptions and financial losses, saying the suit does not show the company's disclosures were misleading or deficient.
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September 16, 2026
U.S. Commodity Futures Trading Commission Enforcement Director David Miller said Wednesday that the division is investigating carbon credit markets as part of his agency's commitment to policing fraud in emerging markets.
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September 16, 2026
A Manhattan federal judge on Wednesday set a new trial date for a crypto-lobbyist/attorney turned Republican congressional candidate who's accused of plotting with her husband, jailed former FTX executive Ryan Salame, to take illegal campaign cash from the bankrupt exchange.
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September 16, 2026
The Conference of State Bank Supervisors on Wednesday unveiled a new oversight framework for artificial intelligence at financial firms, rolling out resources aimed at giving state examiners a common roadmap for reviewing how their regulated institutions are deploying the technology.
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September 16, 2026
A Florida state appellate court on Wednesday revived an investor's lawsuit alleging he was misled into contributing $2 million to a digital technology company after believing it would serve as a vehicle to purchase an English professional soccer team, saying his fraudulent inducement-related claims were dismissed too quickly.
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September 16, 2026
A Massachusetts federal judge denied investors another chance to rework their suit accusing Sarepta Therapeutics and its executives of misleading the market about the safety and efficacy of their muscular dystrophy treatments, saying it fails to show they knew about issues with the products and trials when they made certain statements.
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September 16, 2026
The U.S. Securities and Exchange Commission on Wednesday proposed a number of changes to the way publicly traded companies seek shareholder input, including by promising to eliminate one of the pathways shareholders can use to place their own proposals on corporate ballots.
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September 16, 2026
Two former Okta sales managers have reached settlements with the U.S. Securities and Exchange Commission to resolve claims that they traded Okta stock on insider information before the company announced that its financial plan for the year needed adjustment.
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September 16, 2026
A Pennsylvania federal judge tossed federal wiretapping and California invasion of privacy claims brought against investment management company Vanguard in a user class action over third-party tracking and sharing of data, but allowed the plaintiffs to amend the suit while keeping a state-based wiretapping claim alive.
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September 16, 2026
Michael Best & Friedrich LLP announced Wednesday that it is combining with New York-based firm Kane Kessler PC, adding 36 attorneys and a Big Apple presence to a firm that ranked 143rd on Law360's list of the nation's largest law firms.
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September 16, 2026
The Delaware Chancery Court has ruled that security screening company Xonar properly removed a member of its board, finding stockholder consent that the company later obtained could be combined with earlier votes to establish the required majority.
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September 15, 2026
Ashurst Perkins Coie pocketed millions of dollars in legal fees by providing services to clients it knew were operating a Ponzi scheme that ultimately swindled investors out of nearly $230 million, plaintiffs claimed in a Washington state lawsuit accusing the firm of aiding and abetting fraud.
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September 15, 2026
A New Jersey federal judge has ruled the former CEO of Future FinTech Group must face investor claims that he manipulated the company's share price to create an illusion of market demand after the company's failed reinvention from selling fruit juice to blockchain e-commerce.
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September 15, 2026
China-based search engine operator Baidu Inc. was hit with an investor's proposed class action accusing the company of misleading investors about the extent to which its AI offerings would compensate for the losses in its marketing services segment.
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September 15, 2026
A New York federal judge has denied market maker Susquehanna Securities' bid to freeze the accounts of 40 traders the firm alleges participated in a $155 million insider trading scheme, saying Susquehanna has not proven that the trading activity is linked to insider knowledge about a Chinese government crackdown.
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September 15, 2026
The Senate on Tuesday failed to clear a procedural hurdle for the Clarity Act, which was primed to be the first comprehensive federal regulatory framework for digital asset markets, as Democrats said the ethics guardrails were not strong enough.