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September 02, 2026
Federal prosecutors made their final case Wednesday to a Boston jury that a local sheriff shook down a cannabis company to get a pre-initial public offering investment opportunity, saying the sheriff wouldn't "take no for an answer."
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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."
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September 01, 2026
Exchanges and issuers urged the U.S. Securities and Exchange Commission to apply existing rules for exchange-traded funds to oversee "novel" offerings holding asset classes like crypto and event contracts, while consumer advocacy groups took a hard line against products referencing sports or election wagers.
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September 01, 2026
A cryptocurrency investor alleges a Rutgers University computer science professor used his academic credentials and university affiliation to secure investments in a token whose value has since collapsed, "a classic pump and dump scheme," according to a suit filed in New Jersey federal court.
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September 01, 2026
The Commodity Futures Trading Commission on Tuesday wrapped up a long-running enforcement action against a former investment bank managing director, dropping claims that he manipulated swap prices to benefit his bank and settling claims that he destroyed evidence.
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September 01, 2026
The U.S. Securities and Exchange Commission's Division of Investment Management has submitted to the White House a proposal to help facilitate retail investors' exposure to private markets and enable investment advisers to charge related performance fees, saying it could provide more opportunities for investors looking to diversify their portfolios.
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September 01, 2026
A New York federal judge has allowed racketeering claims to proceed against the operator of meme coin launchpad Pump.fun and its co-founders, while dismissing securities and unjust enrichment claims against the launchpad's related blockchain projects.
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September 01, 2026
The U.S. Securities and Exchange Commission has sued Mordechai Haim Ferder, the ex-CEO of bankrupt Lugano Diamonds & Jewelry Inc., and his wife to recover more than $17.7 million they allegedly reaped through a fraudulent diamond investment scheme via trusts they controlled.
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September 01, 2026
Meta Platforms Inc. is urging a California federal court to throw out an Australian doctor's suit alleging that its advertising tools resulted in his name and likeness being used to promote scams, saying evidence now shows that none of its tools introduced his name or likeness.
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September 01, 2026
A Texas-based crypto investment company can't dodge a fraud suit brought against it in Georgia federal court, after a judge said the suit shows the firm and its management transacted business in the Peach State and used a business dinner in Atlanta to tout their offerings.
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September 01, 2026
OpenAI's recent rogue artificial intelligence incident will likely set the stage for a more widespread expectation that companies using advanced, agentic AI have reasonable protective measures in place, as cyber incidents carried out by AI agents come to be viewed as foreseeable risks.
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September 01, 2026
A Texas federal judge has given final approval to a $10.5 million settlement resolving investors' claims that a fitness franchise associated with the actor Mark Wahlberg misled them about its growth potential after going public.
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September 01, 2026
The U.S. Securities and Exchange Commission is promising sweeping changes to the rules governing transfer agents for the first time in 40 years, issuing a proposal Tuesday that would, among other things, allow agents to utilize the blockchain in tracking securities ownership.
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September 01, 2026
An investment company accused the IRS of mistakenly inflating its 2008 short-term capital gains from certain securities investments to about $170 million from $4 million, telling the U.S. Tax Court the gains were properly deferred during the Great Recession.
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September 01, 2026
A Florida-based broker-dealer is petitioning the U.S. Supreme Court to hear another case targeting the disgorgement powers of the U.S. Securities and Exchange Commission, saying the court "left open" a question about victim identification after it last ruled on the issue earlier this year.
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September 01, 2026
A Massachusetts federal judge refused Tuesday to clear a sheriff of extortion charges, as prosecutors wrapped their case that he demanded a stake in a cannabis company that he was also partnering with for a job training program.
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September 01, 2026
Power generation infrastructure company SB Energy has filed plans to raise roughly $5 billion in its initial public offering steered by Latham & Watkins LLP and Davis Polk & Wardwell LLP.
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September 01, 2026
Ireland wants to create accounts for Irish retail investors with a flat-rate tax on the account value above an exempted threshold, which would simplify the investment tax system compared to current rules, the government said.
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September 01, 2026
A Fox Corp. stockholder has sued the media company and its board in the Delaware Chancery Court, seeking to block a shareholder vote tied to Fox's planned $22 billion acquisition of Roku Inc. until investors receive more information about alleged conflicts involving financial adviser Morgan Stanley.
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August 31, 2026
Stakeholders of defunct microblogging app Parler, including hedge fund scion Rebekah Mercer and former deputy FBI director Dan Bongino, allegedly schemed to strip the social app's cofounder of his CEO role and his 40% stake, a Nevada jury heard in opening arguments in a $100 million contract trial Monday.
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August 31, 2026
Prediction market platform Kalshi said Monday that it permanently banned George Santos from the platform and imposed a $71,000 penalty against the convicted former U.S. representative for allegedly manipulating a prediction market on whether he would attend the 2026 State of the Union address.
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August 31, 2026
The U.S. Securities and Exchange Commission and U.S. Food and Drug Administration are looking to bolster information-sharing related to FDA-regulated products in a bid to help each other in their respective oversight and compliance efforts, according to a three-year memorandum of understanding the agencies announced Monday.