Securities

  • 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.

  • August 26, 2026

    Huntsman Investor Seeks Merger Records Over CEO Role

    A Huntsman Corp. stockholder has sued the chemical manufacturer in the Delaware Chancery Court seeking internal records about its planned merger with Olin Corp., alleging the deal may have been shaped by conflicts involving Huntsman's chief executive and may shortchange investors.

  • August 25, 2026

    Oura Ring Maker Says Ex-CEO Must Arbitrate Stock Claims

    The manufacturer of the Oura Ring personal health and fitness tracking device has asked a Delaware federal court to order its ex-CEO to arbitrate claims accusing his former company and related entities of orchestrating a scheme to strip him of voting power.

  • August 25, 2026

    Tribes, Exchanges Weigh In On SEC, CFTC Swaps Proposal

    Native American tribes are among those weighing in on the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission's attempts to redefine a swap, urging the agencies not to place sports betting contracts under their purview as the contracts strip a "vital source of funding" from the tribes and violate the Indian Gaming Regulatory Act.

  • August 25, 2026

    NJ Judge Sends Exxon Retail Voting Program Suit To Texas

    A New Jersey federal judge Tuesday transferred to Texas a police pension fund's proposed class action against Exxon Mobil Corp. over the oil giant's first-of-its-kind retail shareholder voting program, finding the case does not have a strong enough connection to New Jersey.

  • August 25, 2026

    Binance To Add 2 Compliance Veterans From Crypto.com

    Crypto exchange Binance Holdings Ltd. confirmed Tuesday that it is bringing on two compliance executives from Crypto.com.

  • August 25, 2026

    Del. Justices Say SPAC Proxy Claims Came Too Late

    The Delaware Supreme Court on Tuesday affirmed the dismissal of a special purpose acquisition company suit seeking damages tied to a $1.4 billion deal with an autonomous vehicle software provider, finding the plaintiff waited too long to sue.

Expert Analysis

  • Series

    Taekwondo Makes Me A Better Lawyer

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    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • NC Crypto Kiosk Law Opens Door To Stricter Fraud Regs

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    North Carolina's new cryptocurrency kiosk law will force operators to build fraud-screening, disclosure and compliance systems before the end of the year, while also providing an opening for more stringent city and county limits on kiosk placement and operations, say attorneys at Moore & Van Allen.

  • Del. Ruling Clarifies Public Benefit Corp. Fiduciary Duties

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    In Drakes Landing v. Tilden Park, the Delaware Court of Chancery recently provided landmark guidance for directors of Delaware public benefit corporations on the fiduciary duties they owe, highlighting that change-of-control transactions may now be protected from challenge under the state's 2025 safe harbor amendments, say attorneys at Richards Layton.

  • Student Loan Suit Draws Line On Testimony In Trust Litigation

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    A recent interlocutory opinion from the Southern District of New York shows securitization experts can explain servicing practices but cannot substitute for authenticated loan-level ownership proof or intent evidence, signaling that parties in student loan trust cases should sharpen recordkeeping and tracing strategies, says attorney Stanley Tate.

  • Del. Boeing Ruling Shows How Compliance Defeats Caremark

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    The Delaware Chancery Court's recent dismissal of shareholder litigation against Boeing's board in the wake of the Alaska Airlines door-plug blowout incident carries significant lessons for shareholders pursuing Caremark claims, and for corporate counsel advising boards on oversight obligations, says Brian Rostocki at Reed Smith.

  • 4th Circ. Class Cert. Ruling Offers Tips For Damages Experts

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    The Fourth Circuit's recent decision reversing class certification in litigation against Boeing raises the cost of a bare-bones damages model proposal for plaintiffs, but it also clarifies what a defensible proposal should contain, say Alok Khare and Erica Rose at FTI Consulting.

  • Opinion

    A Guiding Principle For The SEC On Exempt Capital Markets

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    The U.S. Securities and Exchange Commission's recently proposed Regulation Crypto Assets borrows selectively from other capital-raising exemptions while giving crypto issuers materially different terms, and those unexplained differences reveal the need for a regulatory approach of presumptive parity, says Brian Christie at the Crowdfunding Professional Association.

  • What To Know As Legal Duty To Consider AI Takes Shape

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    While the U.K. Jurisdiction Taskforce’s recent statement on liability for artificial intelligence harms is nonbinding for both U.K. and U.S. lawyers, it highlights the importance of being able to distinguish between the availability of a tool and a professional obligation to use it, say Jonny Frank and Michael Costa at StoneTurn.

  • What Cos. Should Do During Stay Of Nasdaq Delisting Rule

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    The U.S. Securities and Exchange Commission recently approved — and subsequently stayed — Nasdaq's $5 million market value threshold for continued listing, giving companies additional time to evaluate financing opportunities, communicate with investors and consider strategic alternatives, says Joseph Lucosky at Lucosky Brookman.

  • Prepping To Use Crypto Collateral Under Ohio Ownership Law

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    Ohio's digital asset law should ease the path to using cryptocurrency as collateral, and as the October effective date approaches, lenders should update their loan documentation and diligence processes to take advantage of the new control-based perfection rules, say attorneys at Kegler Brown.

  • 5 Lessons For VC Investors From Del. IPO Ruling

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    The Delaware Court of Chancery's recent dismissal of Rostov v. Alcon Research, a derivative action over a proposed initial public offering, provides multiple practice pointers for venture capital investors, including the importance of precisely worded corporate documents and pleading a coherent theory of corporate harm, says Ben Dubin at VC Expert Services.

  • WWE Sanctions Ruling Pins Down Spoliation Lesson

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    The Delaware Chancery Court’s recent verdict in favor of WWE investors may be the most carefully calibrated spoliation sanctions decision in recent memory, and it should reshape how counsel approach their motions — including in federal court, says Ricky Weingarten at Slarskey.

  • SEC Rulemaking Radar: The Rubber Meets The Road

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    The U.S. Securities and Exchange Commission's new rulemaking agenda shows its regulatory reset taking shape, with sweeping crypto proposals that could bring the biggest changes it has made to broker-dealer, exchange and trading compliance in decades, says Christopher Grobbel at Goodwin.

  • Series

    Being In A Band Made Me A Better Lawyer

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    Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped develop the professional qualities I rely on as a litigator, including an ability to collaborate with strong-minded equals and the determination to treat each client with singular focus, says Eliad Shapiro at Herrick Feinstein.

  • 6 Risk Areas Future Fla. Stablecoin Issuers Should Plan For

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    Companies hoping to issue stablecoins under Florida’s new supervision regime should prioritize constructing robust risk management architecture across key areas before the Oct. 1 effective date so they can secure licenses, avoid a web of potential liabilities, and operate sustainably as state and federal regulations evolve, says Elizabeth Brusa at Shumaker.

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