Try our Advanced Search for more refined results
Securities
-
December 11, 2025
Terraform Founder Gets 15 Years For 'Epic' $40B Crypto Scam
A Manhattan federal judge hit Terraform founder Do Kwon with a 15-year prison sentence Thursday, saying he caused "real people to lose $40 billion in real money" as he orchestrated a massive fraud that sunk the once high-flying crypto concern.
-
December 11, 2025
Mass. Lawyer Accused Of Misusing Pot Shop Investor Funds
A Massachusetts lawyer took a 50.1% stake in a cannabis startup in exchange for what he said was a discount on fees for legal work he would perform, then botched the license application and misused investor funds, a lawsuit filed in state court alleges.
-
December 11, 2025
Solaris Energy Top Brass Sued Over Turbine Co. Acquisition
The top brass of Solaris Energy Infrastructure have been hit with an investor derivative suit in Texas federal court alleging they failed to disclose that a turbine leasing company Solaris acquired lacked the "track record" that it was touted to have, had only one client, and that its owner had a history of "turbine-related fraud," among other things.
-
December 11, 2025
Chancery Skeptical Of B. Riley Investors' Investment Loss Suit
A vice chancellor in the Delaware Chancery Court on Thursday pressed the lawyer for a B. Riley Financial Inc. stockholder to justify Caremark oversight claims tied to the investment firm's failed bets on the Franchise Group Inc., repeatedly questioning whether the complaint plausibly alleged bad faith board inaction rather than business judgment disagreements.
-
December 11, 2025
Connell Foley Beats DQ Bid In NJ Investment Bias Case
A federal judge on Thursday threw out a renewed bid by an investment firm suing the state of New Jersey to disqualify the state's counsel at Connell Foley LLP, finding there was no previous attorney-client relationship to justify disqualification.
-
December 11, 2025
Attys Seek $9.8M For Opendoor Investor Suit Deal
Attorneys from Labaton Keller Sucharow LLP asked an Arizona federal court for nearly $10 million for their work negotiating a $39 million settlement between real estate firm Opendoor Technologies Inc. and its investors to resolve claims the company overhyped its pricing algorithm software.
-
December 11, 2025
Firms Get $650K Fees For $2M Deal In Smart Lock Co. Suit
A judge has approved $650,000 in fees for lead plaintiff's counsel as part of a $1.95 million settlement to end a Delaware federal court suit claiming a smart lock system company misrepresented key business metrics in the lead-up to its 2021 go-public merger.
-
December 11, 2025
Bradley Arant Adds Former Hilgers Graben Name Partner
Bradley Arant Boult Cummings LLP has strengthened its litigation practice with a partner in Dallas who came aboard from Hilgers Graben PLLC, where he was a founder of that firm's Dallas shop.
-
December 10, 2025
Del. Court Keeps Alive Board Liability Claims In Blue Bell Suit
Citing questions surrounding a five-year failure to press director and officer claims to liability releases during litigation over tainted ice cream, a Delaware vice chancellor on Wednesday rejected judgment on the pleadings favoring the releases, marking the latest twist of the eight-year Blue Bell Creameries damages saga.
-
December 10, 2025
Fund Founder Charged With $42M Fraud, SEC Obstruction
A Canadian citizen was arrested Wednesday in England and indicted on charges that he fraudulently raised more than $42 million from investors he courted on the social media platform Discord and elsewhere, and separately misled lenders in giving him more than $800,000 in credit.
-
December 10, 2025
Trader Admits To Role In $350M Investment Fraud
A trader admitted to his role in defrauding dozens of investors out of more than $350 million, according to the U.S. Department of Justice.
-
December 10, 2025
Wyoming Charts New Legal Path To Launch Frontier Token
When a former federal prosecutor, now cryptocurrency regulator, was tasked with writing the rules to govern the first state-issued stablecoin, she looked to the U.S. Constitution and Wyoming's own laws to ensure the legality of the project rather than Congress' stablecoin law.
-
December 10, 2025
StubHub Brass Face Suit Over IPO Cash Flow Claims
Officers and directors of event ticketing platform StubHub Holdings Inc. allegedly breached their fiduciary duties in the lead-up to StubHub's $758 million initial public offering in September by concealing a change dramatically affecting the company's free cash flow, according to a new shareholder derivative suit.
-
December 10, 2025
Boardwalk Pipeline Case Sees Partial Reversal
The Delaware Supreme Court on Wednesday partially revived long-running challenges to Loews Corp.'s 2018, $1.5 billion cash-out of Boardwalk Pipeline Partners LP, ruling that the Chancery Court misread the high court's 2022 guidance and prematurely shut down minority unitholder claims attacking the legal opinion that triggered the buyout.
-
December 10, 2025
Crypto Bankruptcy Trust Can Tap D&O Policy, Judge Rules
A Texas bankruptcy judge has found that a directors and officers liability insurer was wrong to refuse a reasonable $4.65 million settlement demand from the trustee overseeing the wind-down of former cryptocurrency data miner Compute North Holdings, but that the court can't force the carrier to accept it.
-
December 10, 2025
Diagnostic Co. Agrees To Oversight Reforms In Derivative Suit
A California federal judge has granted preliminary approval to a deal ending shareholder derivative claims that diagnostics company CareDx's executives and directors damaged the company by concealing its scheme to inflate its testing services revenue.
-
December 10, 2025
Pennsylvania Panel Backs $931K Fine For Investment Adviser
A Pennsylvania appellate panel upheld a $931,000 fine for a Gladwyne, Pennsylvania-based investment adviser for selling unregistered securities, agreeing with a Department of Banking and Securities finding that the investments in "merchant cash advance" businesses were not federal securities exempt from the state Securities Act.
-
December 10, 2025
Colo. Municipal Adviser Can't Block SEC Suspension Efforts
A Colorado federal judge has dismissed all claims brought by a municipal adviser and his company accusing the U.S. Securities and Exchange Commission of illegally making administrative moves to revoke their registration, finding the court lacks jurisdiction over some claims and that other allegations fail to state claims for relief.
-
December 10, 2025
Capital One, Influencers Seek OK For Commissions Deal
Financial services giant Capital One has pledged to pay influencers commissions, plus up to nearly $4 million in attorney fees and costs, and make changes to its online shopping browser extension to settle claims that it siphoned commissions away from influencer participants in its affiliate marketing program.
-
December 10, 2025
Regulate AI With Existing Regs, Financial Industry Lobby Says
The Financial Services Institute on Wednesday recommended that regulators apply existing rules and standards to artificial intelligence, saying they should use new rules only when AI brings "genuinely new issues or significantly alters existing risks."
-
December 10, 2025
Court Asks If Morgan Stanley Liable In Alleged $250M Scheme
A Texas appellate court pressed a company to explain how it seeks to hold Morgan Stanley accountable for an executive's alleged kickback scheme involving $250 million in mineral interests, asking Wednesday how the bank bears responsibility if it didn't take part in the underlying contract.
-
December 10, 2025
NJ Law Firm Accused Of Botching Investor Fraud Recovery
New Jersey firm Beattie Padovano LLC has been sued in state court by a man accusing it of legal malpractice that led to his inability to reclaim nearly $800,000 he says he lost in an investor fraud scheme perpetrated by former frequent CNBC guest James Arthur McDonald Jr.
-
December 10, 2025
Justices Chew Over 'Close' Case On Fund Contract Disputes
The U.S. Supreme Court on Wednesday waffled over whether there was a private right to sue to void contracts that allegedly violate the Investment Company Act, with Justice Brett Kavanaugh saying that a decision on the case involving an activist investor's voting rights would be "extremely close."
-
December 10, 2025
Magistrate Backs FinCEN Rules In All-Cash Real Estate Deals
A magistrate judge in Florida federal court rejected arguments from a title insurance company in upholding a U.S. Department of Treasury rule establishing new reporting requirements for all-cash residential real estate transactions as a means of combating financial crime.
-
December 10, 2025
OCC Review Flags Big Banks For Debanking Policies
A top U.S. banking regulator said Wednesday that some of the nation's largest banks improperly restricted services to industries including adult entertainment and oil drilling, according to preliminary findings from a White House-commissioned debanking review.
Expert Analysis
-
Del. Ruling Reaffirms High Bar To Plead Minority Control
The Delaware Court of Chancery's recent decision in Witmer v. Armistice maintains Delaware's strict approach to control and provides increased predictability for minority investors in their investment and corporate governance decisions, says Elena Davis at Ropes & Gray.
-
Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.
-
How Occasional Activists Have Reshaped Proxy Fights
The sophistication and breadth of first-time activist engagement continue to shape corporate governance and strategic outcomes, as evidenced across corporate annual meetings this summer, meaning advisers should anticipate continued innovation in tactics, increased regulatory complexity, and a persistent focus on board accountability, say attorneys at MoFo.
-
US-German M&A Hits Its Stride Despite Economic Headwinds
Against expectations, dealmakers in both the U.S. and Germany are actively seeking investment opportunities in each other's markets, with 2025 shaping up to be the strongest year in recent memory, say attorneys at White & Case.
-
Enter The Wu-Tang Ruling That May Change Trade Secret Law
A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.
-
How Financial Cos. Can Prep As NYDFS Cyber Changes Loom
Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.
-
Opinion
Ending Quarterly Reporting Would Erode Investor Protection
President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.
-
Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
-
A Look At Project Crypto's Plans For Digital Asset Regulation
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent announcement of Project Crypto, an agencywide initiative to modernize federal securities regulations, signals a significant shift toward a more flexible regulatory framework that would shape the future of the U.S. digital asset market, say attorneys at WilmerHale.
-
Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
-
3 Trends From AI-Related Securities Class Action Dismissals
A review of recently dismissed securities class actions centering on artificial intelligence highlights courts' scrutiny of statements about AI's capabilities and independence, and sustained focus on issues that aren't AI-specific, say attorneys at Alston & Bird.
-
CFTC, SEC Joint Statement Highlights New Unity On Crypto
The U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission's recent joint statement announcing a cross-agency initiative enabling certain spot crypto-asset products to trade on regulated exchanges is the earliest and most visible instance of interagency cooperation on crypto regulation, say attorneys at Morgan Lewis.
-
Regulatory Uncertainties Loom As Fed Ends Crypto Oversight
The Federal Reserve Bank's recently ended crypto supervisory program headlines other recent federal actions from Congress, the White House and relevant agencies that may complicate financial institutions' digital-asset use and attendant compliance strategies, say attorneys at Buchalter.
-
Opinion
SEC Arbitration Shift Is At Odds With Fraud Deterrence
The U.S. Securities and Exchange Commission's recent statement allowing the use of mandatory arbitration by new publicly traded companies could result in higher legal costs, while removing the powerful deterrent impact of public lawsuits that have helped make the U.S. securities markets a model of transparency and fairness, say attorneys at Labaton Keller.
-
Better Crypto Insurance Is Attainable Amid Regulatory Shifts
With regulatory clarity improving and insurance carriers taking an increasingly constructive approach, crypto industry participants can improve their insurance coverage and pricing if finance, legal and compliance teams take specific steps, say Walker Newell and Jacob Sawyer at Woodruff-Sawyer.