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October 13, 2026
Los Angeles Dodgers owner Mark Walter and insurers owned by his holding company, Guggenheim Partners, have been hit with multiple proposed class actions alleging they sold annuities based on misrepresentations, with policyholders' premiums being siphoned into loans and financing that benefited Walter-affiliated companies.
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October 13, 2026
The U.S. Commodity Futures Trading Commission is employing a creative use of a Dodd-Frank Act provision to fashion itself a form of authority over crypto spot markets after the Clarity Act failed to move forward, an effort that experts say will draw industry applause and state scrutiny.
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October 13, 2026
The Second Circuit has declined to revive a 53-count suit alleging Voyager Digital's former bank, Metropolitan Commercial Bank, was complicit in the now-defunct crypto lender's fraud, agreeing with the lower court that the suit failed to allege the bank knew about Voyager's fraud or aided in it.
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October 13, 2026
A South Carolina private equity fund broke its promise to three investors to redeem $2 million of their investment in cash and instead plans to put the funds into shares of a highly speculative real estate venture, according to a suit filed in Florida federal court.
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October 13, 2026
Kalshi is asking the entire bench of Sixth Circuit judges to take another look at a September ruling that declined to shield its sports event contracts from Ohio and Tennessee gambling regulators, arguing recent rule proposals from the U.S. Commodity Futures Trading Commission "substantially undermine" the appeals court's decision.
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October 13, 2026
Auto services holding company Driven Brands and its executives have asked a North Carolina federal court to dismiss a proposed class action from shareholders accusing the company of misleading the public about its internal controls over financial reporting, arguing certain financial results were not known to be inaccurate when they were initially reported.
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October 13, 2026
The Delaware Supreme Court on Tuesday upheld a lower court's decision that both curtailed the type of records an Amazon shareholder can seek as it investigates alleged anticompetitive behavior at the company, and restricted where the investor can sue.
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October 13, 2026
Two former Spirit Airlines executives have urged a Florida federal judge to permanently dismiss a proposed class action accusing them of misleading stockholders about the struggling airline's finances before it launched its second bankruptcy in August 2025, arguing the shareholders have rehashed the allegations of an earlier, now-dismissed complaint.
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October 13, 2026
A Second Circuit panel Tuesday seemed leery of RTX Corp. investors' bid to revive allegations that the aerospace manufacturer violated securities laws by concealing an aircraft engine defect, with several judges pointing out how the complaint seemed to lack allegations that executives knew different disclosures were necessary.
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October 13, 2026
A unanimous Fifth Circuit panel affirmed a lower court's ruling in favor of Ginnie Mae in a suit Texas Capital Bank brought over the extinguishment of its lien on reverse mortgage assets, saying there is a "sound statutory basis to conclude" that Ginnie Mae has authority over the entire mortgage once an issuer defaults.
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October 13, 2026
Bay Point Capital Partners II LP has sued a Delaware investment fund and its general partner in the Delaware Chancery Court, seeking access to financial records and other documents after Bay Point acquired a limited partnership interest through a foreclosure earlier this year.
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October 13, 2026
The U.S. Securities and Exchange Commission has accused two executives of a now-bankrupt investment company of deceiving investors about the value and availability of shares of privately held companies ahead of their initial public offerings and evading registration requirements.
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October 13, 2026
Mayer Brown LLP has grown its capital markets offerings in New York with the addition of a former senior special counsel at the U.S. Commodity Futures Trading Commission.
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October 13, 2026
The Delaware Chancery Court last week saw stockholders challenge Nvidia Corp.'s roughly $20 billion deal with artificial intelligence chipmaker Groq Inc., Hertz Global Holdings Inc.'s electric vehicle strategy and more than $1.5 billion in Humana Inc. stock buybacks.
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October 13, 2026
The full Eleventh Circuit on Tuesday overturned decades-old precedent that took a strict view of when federal benefits law claims could be brought in court, reviving a proposed class action alleging mismanagement of a seafood company's employee stock ownership plan.
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October 09, 2026
Connecticut has criticized the Commodity Futures Trading Commission's bid in Connecticut federal court to block the state from regulating prediction market platforms' sports-related offerings, noting the same presiding judge already denied Kalshi's motion seeking such relief.
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October 09, 2026
The U.S. Commodity Futures Trading Commission on Friday took steps to codify its authority over sports, politics and culture event contracts, in a move to affirm the agency's view that prediction markets are under its "exclusive jurisdiction" and beyond the reach of states.
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October 09, 2026
The U.S. Senate Banking Committee's top Democrat is calling on Federal Reserve officials for answers after some outside experts were given an early look at a recent independent report on Silicon Valley Bank's collapse, questioning who authorized the access and how recipients were chosen.
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October 09, 2026
The top brass of warehouse robotics company Symbotic Inc. has been sued in Delaware Chancery Court by a shareholder who claims they hid problems with a contractor, including project delays and major cost overruns, that later forced the company to restate its financials and caused its share price to drop.
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October 09, 2026
The Seminole Tribe of Florida has sued DraftKings in state court on claims that the Boston-based sports gambling company and its chief executive are running an illegal betting operation that diverts regulated bets and revenue into an "underground" sportsbook.
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October 09, 2026
The U.S. Department of Justice's new fraud division has issued fresh guidance on its prosecution methodology, with the division's head directing prosecutors to seize assets before indictments and pursue upward variances in sentencing guidelines in some cases as part of a stated push to use the division's "full arsenal of criminal statutes" in combating fraud.
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October 09, 2026
The investor plaintiffs seeking damages on behalf of Hertz Global have settled with the company, its former CEO and other executives who they accused of breaching their fiduciary duties by releasing misleading statements about the demand for electric vehicles.
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October 09, 2026
The U.S. Securities and Exchange Commission put forth a proposal on Friday to make it easier for mutual and other registered funds under the same manager to trade with one another, while promising to update the oversight rules for fund managers participating in such cross-trades.
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October 09, 2026
Kalshi Inc. opening prediction markets for clinical drug trials has raised a host of compliance concerns for attorneys, including the risk of insider trading among the wide swaths of stakeholders in the know about the trials, as well as the danger of compromising the trials themselves.
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October 09, 2026
Employee benefits and human resources provider Alight urged an Illinois federal court to toss a suit alleging its executives misled investors about the company's ability to hit financial targets, arguing it repeatedly warned about the risks of its strategic overhaul.