Securities

  • August 27, 2026

    Peloton Again Escapes Investors' Post-COVID Sales Suit

    A New York federal judge Thursday threw out a lawsuit accusing Peloton of misleading investors about the drop in demand for its exercise bikes following the early days of the COVID-19 pandemic, ruling that the prospective class hadn't proven that the company intentionally misled shareholders.

  • August 27, 2026

    News Outlets Say Trump Media's Suit Targets True Reports

    News outlets sued by President Donald Trump's social media company asked a Florida judge Thursday to end the $1.5 billion suit, arguing that the allegedly defamatory reports were substantially true and were published without actual malice.

  • August 27, 2026

    Krispy Kreme Must Face Claims Over McDonald's Rollout

    A North Carolina federal judge has denied part of Krispy Kreme's motion to dismiss a securities class action alleging it overhyped its partnership with McDonald's, allowing several claims to proceed that were made after the company may have known the collaboration would not be as successful as previously stated.

  • August 27, 2026

    Selena Gomez Says Wondermind Investor Suit Must Be Nixed

    Pop star Selena Gomez has urged a Delaware federal judge to toss securities fraud claims against her tied to the mental health startup Wondermind, saying she wasn't involved in the offering and suggesting that the plaintiffs may deserve sanctions for bringing "egregiously improper" claims against her.

  • August 27, 2026

    EV-Maker SPAC Investors Reach $4M Chancery Settlement

    Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Northern Genesis Acquisition Corp. directors, officers or alleged controllers to end Delaware Chancery Court claims over the 2021 deal.

  • August 27, 2026

    Health Co. Gets Partial Win In Suit Over $8.5M Food Tech Deal

    A Florida federal judge handed a partial win to a health information technologies services company and its board Thursday, tossing some claims that they cheated a Canadian business out of $8.5 million in equity after fraudulently inducing the sale of a subsidiary specializing in plant-based extrusion technology.

  • August 27, 2026

    Cannabis Exec Says Sheriff Initiative Wasn't Key To License

    The social equity chief of cannabis company Ascend Wellness Holdings testified Thursday that she faced no pressure to hold on to an allegedly critical partnership with a Massachusetts sheriff who is now on trial for extortion.

  • August 27, 2026

    Colo. Hospital Can't Split Discovery In Retirement Funds Suit

    A Colorado federal judge rejected a faith-based nonprofit hospital's bid for the court to bifurcate discovery in a lawsuit brought by former employees accusing the health system of mismanaging their retirement funds, finding the requested action "would hinder judicial economy."

  • August 27, 2026

    Silver Lake Urges Chancery To Toss $1.7B Zuora Deal Suit

    Silver Lake Group LLC and Zuora Inc. founder Tien Tzuo urged the Delaware Chancery Court on Thursday to throw out a stockholder suit challenging their $1.7 billion take-private deal, arguing the sale was protected by an independent special committee and an informed stockholder vote.

  • August 27, 2026

    LGBCoin Defendant Says $75K Fee Bid In Suit Is Inflated

    The defendant who lost a default judgment earlier this month in favor of "Let's Go Brandon" meme coin investors has told a Florida federal judge that the plaintiffs' $75,000 fees request is too high.

  • August 27, 2026

    SEC Moves Closer To Curtailing Executive Pay Disclosures

    The U.S. Securities and Exchange Commission has moved one step closer to curtailing the amount of information that corporate executives must reveal about their pay, informing the White House that the agency could soon propose updated executive compensation regulations.

  • August 26, 2026

    Fed's Cook Says Trump Has 'No Lawful Basis' To Fire Her

    Federal Reserve Gov. Lisa Cook told the White House on Wednesday that President Donald Trump lacks a legally valid reason to fire her, arguing that previous mortgage fraud allegations leveled against her are untrue and would not justify removal.

  • August 26, 2026

    Connecticut Sues Kalshi To End 'Free-For-All' Wagering

    Connecticut on Wednesday became the latest state to sue prediction market Kalshi for allegedly offering illegal sports gambling to its users, asking a court to shut down unlicensed wagers in the state and opening a new front in a legal battle that has previously reached the Second Circuit.

  • August 26, 2026

    Norfolk Southern Says Precedent Undermines Derailment Suit

    Norfolk Southern urged a Georgia federal judge Wednesday to deny class treatment to investors who allege they were deceived about the company's safety operations before a fiery train derailment in Ohio in 2023, arguing U.S. Supreme Court precedent undercut the argument that the rail carrier's share price was unlawfully inflated.

  • August 26, 2026

    SEC, SBB Resolve Misvalued Funds Case Ahead Of Sept. Trial

    The U.S. Securities and Exchange Commission and SBB Research Group LLC told an Illinois federal judge that they've reached a settlement that would resolve the long-running litigation alleging the fund adviser misled investors about the performance of some of the funds it oversaw, and to scrap the planned September trial date.

  • August 26, 2026

    SEC Sends Crypto Custody Plan To White House

    The U.S. Securities and Exchange Commission is preparing to update regulations for investment advisers and funds holding crypto assets on their clients' behalf, sending planned amendments to its custody rules to the White House for review.

  • August 26, 2026

    SEC Granted $1.18M Win In Fourth Colo. Case Over Scam Firm

    A Colorado federal magistrate judge recommended Wednesday that final entry of default be issued against a fraudulent investment firm run by a Hong Kong resident for failing to respond to one of several lawsuits from the U.S. Securities and Exchange Commission accusing him of running a scheme that duped investors into buying U.S.-listed shares of Chinese companies.

  • August 26, 2026

    Fla. Judge Trims Claims In Bitcoin ATM Code Theft Suit

    A Florida federal judge allowed most of an Illinois software company's claims of bitcoin ATM source code theft to proceed against its former developer and others, but tossed two counts of conversion after finding the allegations couldn't be sustained. 

  • August 26, 2026

    Crypto CEO Says Investors Lack Proof In Refund Fraud Suit

    The CEO of Power Block Coin LLC, which does business as SmartFi, asked the Pennsylvania federal court for a win in a suit alleging he refused to fulfill their "buyback guarantee" of SmartFi tokens, saying the investors cannot even show they personally bought the tokens.

  • August 26, 2026

    Chancery Lets Investor Defend SpaceX Fund In Florida

    The Delaware Chancery Court on Wednesday granted investor Alessandro Possati a limited default judgment allowing him to act on behalf of an investment partnership in related Florida litigation, while declining to make broader findings that could affect his remaining fiduciary duty claims.

  • August 26, 2026

    5th Circ. Won't Reopen Apex's SEC Deal For Better Terms

    The Fifth Circuit has denied Apex Clearing Corp.'s petition to revisit its settlement agreement with the U.S. Securities and Exchange Commission over the clearinghouse's purported failure to keep records of off-channel communications, finding that other firms receiving more favorable settlement terms later on was not grounds for modification.

  • August 26, 2026

    SEC, AI Startup Settle Action Over $5.3M Offering

    An artificial intelligence startup and its founder have agreed to pay the U.S. Securities and Exchange Commission over $100,000 to resolve claims that they raised more than $5.3 million from investors through misleading statements about the company's revenue, current valuation and customer demand.

  • August 26, 2026

    5th Circ. Revives Bank's Bid For Ponzi Proceeds

    A Washington bank will get another shot at proving it is owed more than the $2.5 million it was awarded as a Ponzi scheme victim, with the Fifth Circuit ruling a lower court didn't grant the bank due process in approving a report from the receiver handling reimbursement.

  • August 26, 2026

    NAPCO To Pay $20M To End Investor Accounting Fraud Suit

    NAPCO Security Technologies and its top two executives have reached a $20 million settlement with shareholders to resolve claims over alleged COVID-19-era financial reporting errors, and lead counsel from Robbins Geller Rudman & Dowd LLP and Johnson Fistel PLLP intend to seek more than $6 million in attorney fees.

  • August 26, 2026

    Apollo Shareholders Say Their Data Was Exposed To Hackers

    Shareholders of Apollo Global Management Inc. have launched a pair of proposed class action complaints in New York federal court accusing the asset manager of failing to secure and protect the personal information of customers from a recent data breach.

Expert Analysis

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

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    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

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    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

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    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.

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

  • Assessing New Risks After The End Of The SEC's Gag Rule

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    The U.S. Securities and Exchange Commission's recent rescission of its long-standing no‑deny gag rule marks a transition from a regime of enforced silence to one of strategic communication, meaning the question is no longer simply whether to settle, but how to manage the narrative that follows, say attorneys at Nelson Mullins.

  • Series

    Being A Magician Makes Me A Better Lawyer

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    The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom because performing magic and trying cases both live at the intersection of psychology, storytelling, timing and disciplined rehearsal, says Mark Dombroff at Fox Rothschild.

  • What Ga. Stablecoin Licensing Law Means For Payments Cos.

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    Georgia recently enacted one of the first state-level licensing frameworks for stablecoin issuance aligned with the Genius Act, which may appeal to eligible companies by making licensure accessible to nondepository entities and potentially offering easier access to regulatory guidance, say attorneys at Eversheds Sutherland.

  • Opinion

    Shareholder Derivative Litigation Needs A Better Framework

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    Uncoordinated, multiforum shareholder derivative litigation is a growing issue for corporate defendants that have little to no recourse for organizing and consolidating actions, but several commonsense steps should be utilized to preempt such disputes, say attorneys at Sullivan & Cromwell.

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