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Capital Markets
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March 10, 2026
Atkins Promises End To 'Duplicative' SEC-CFTC Enforcement
The U.S. Securities and Exchange Commission is in the process of updating its protocols for coordinating enforcement efforts with the Commodity Futures Trading Commission with an eye toward ending "duplicative enforcement actions," SEC Chair Paul Atkins said Tuesday.
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March 10, 2026
Aluminum Co. Execs To Pay $7M To End ESOP Lawsuit
Executives at an Indiana aluminum manufacturer and an employee stock ownership plan trustee will pay $7 million to end a proposed class action alleging they reneged on an agreement to sell the company to the ESOP when the founder died, according to a federal court filing.
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March 09, 2026
Musk's Team Warned 'WWIII' Over Twitter Deal, Atty Testifies
After Twitter sued Elon Musk for terminating his $44 billion deal to buy the social media platform, Musk's legal team said their client would launch "World War III" against the company's board if forced to go through with the transaction, a Wilson Sonsini lawyer who led the deal for Twitter told a California federal jury Monday.
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March 09, 2026
Treasury Digital Asset Report Pushes Innovative Compliance
The U.S. Department of the Treasury has published a report on stablecoin use and compliance to Congress as prescribed by the Genius Act, laying out plans to harmonize anti-money laundering standards for cryptocurrency activities.
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March 09, 2026
Ohio Judge Won't Shield Kalshi's Sports Contracts
An Ohio federal judge declined to block Kalshi's sports event contracts from state gambling regulators' scrutiny in a Monday order that found the wagers don't appear to be swaps under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission.
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March 09, 2026
Trump Media Investor's Venue Bid Rejected By Fla. High Court
Florida's Supreme Court on Monday rejected a petition for review brought by an investor in President Donald Trump's Truth Social platform who challenged an order denying his motion to toss or transfer the company's lawsuit against him after he claimed it was filed in the wrong jurisdiction.
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March 09, 2026
Pump.Fun Seeks Dismissal Of Meme Coin Buyers' Suit
Meme coin launchpad Pump.fun, its officers and related blockchain projects asked a New York federal judge to dismiss users' latest complaint, which added racketeering allegations and accused the defendants of operating an illegal digital casino, arguing it fails to establish jurisdiction or demonstrate the tokens at issue are securities.
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March 09, 2026
Reed Smith, Greenberg Traurig Fight Gas Feud Sanctions
Both Reed Smith LLP and Greenberg Traurig LLP provided nothing more than "zealous advocacy" for their respective clients amid an international petroleum shipping dispute between Eletson Holdings and Levona Holdings Ltd., the two law firms have argued in separate opposition briefs fighting sanctions motions stemming from the matter.
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March 09, 2026
Steve Aoki, DraftKings Founder Seek Exit From NFT Fraud Suit
DraftKings co-founder Matthew Kalish and electronic music artist Steve Aoki told a Florida federal court Friday that a proposed class action accusing them of promoting "worthless" nonfungible tokens without disclosing they were getting paid for it does not allege any wrongdoing, and asked the court to toss the suit.
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March 09, 2026
BBQ Co. Execs, Trust Co. Settle Workers' ESOP Fight
A New York-based barbecue chain's executives and the caretaker of the company's employee stock ownership plan have agreed to settle a class action from workers alleging ESOP mismanagement, the parties told a New York federal court Monday.
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March 09, 2026
NY Judge Tosses Terror Victims' Binance Suit, For Now
A lawsuit against Binance and Changpeng Zhao, its former CEO, brought by the victims of 64 terrorist attacks was dismissed on Friday when a New York federal judge determined that the plaintiffs have not directly linked any wrongdoing by the cryptocurrency exchange to their injuries.
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March 09, 2026
McGuireWoods Beats Sun Pharma's DQ Bid In NJ Suit
A New Jersey federal court has denied Sun Pharmaceutical's bid to disqualify McGuireWoods LLP from representing pharmaceutical company Biofrontera in litigation over the alleged breach of a settlement agreement, ruling the firm's continued representation won't harm Sun Pharmaceutical and will avoid significant harm to Biofrontera.
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March 09, 2026
GoodVision AI To Go Public Through $180M SPAC Merger
Cloud computing and artificial intelligence infrastructure solutions provider GoodVision AI Inc., advised by VCL Law LLP, unveiled plans Monday to go public by merging with Graubard Miller-advised special purpose acquisition company Calisa Acquisition Corp. in a deal valued at $180 million.
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March 09, 2026
Paul Hastings Adds A&O Shearman Securities Litigator Duo
Paul Hastings LLP announced Monday that it has hired two San Francisco-based securities litigation attorneys from Allen Overy Shearman Sterling as partners, including A&O Shearman's former managing partner of the California offices.
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March 09, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket last week featured disputes spanning alleged forged board approvals at a telecom startup, evidence-destruction claims tied to WWE's blockbuster merger with UFC and investor scrutiny of a multibillion-dollar deal between Intel and the U.S. government.
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March 09, 2026
Critical Minerals Biz Goes Public Via $4.7B SPAC Deal
Critical minerals company and geothermal energy developer Controlled Thermal Resources Holdings Inc., advised by Duane Morris LLP, on Monday unveiled plans to go public by merging with Greenberg Traurig LLP-advised special purpose acquisition company Plum Acquisition Corp. IV in a $4.7 billion deal.
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March 06, 2026
Breyer Urges Attys In Heated Twitter Investor Trial To Cool Off
The judge overseeing a California federal trial over Twitter investors' allegations that Elon Musk intentionally tanked the company's stock urged lawyers to cool down over the weekend and "gain composure," after a heated fight in which a lawyer for the investors called a Musk attorney's conduct disgraceful.
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March 06, 2026
Calif. Judge Blasts Ex-Venture Capitalist In Axing SVB Suit
Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, "consisted almost entirely of ignoring or frustrating" his litigation obligations, a California federal judge ruled in throwing out the case.
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March 06, 2026
EisnerAmper Settles SEC Allegations Over Infinity Q Audit
Audit firm EisnerAmper LLP will not have to pay a fine to resolve U.S. Securities and Exchange Commission allegations tied to its 2020 audit of an Infinity Q Capital Management LLC mutual fund at the center of a criminal overvaluation case.
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March 06, 2026
FinCEN Hits Canaccord With Record $80M Broker-Dealer Fine
Canaccord Genuity Group Inc.'s broker-dealer arm Friday agreed to pay $80 million in settlements with three financial regulators for "widespread compliance failures" that allowed some securities fraud schemes to go undetected, with the broker-dealer admitting it willfully violated the Bank Secrecy Act.
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March 06, 2026
Former Calif. Securities Atty Gets Year For Tax Evasion
A former Southern California securities attorney Friday was sentenced to a year and a day in prison for evading paying his personal taxes and was ordered to pay over $350,000 in restitution to the IRS.
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March 06, 2026
Polymarket Pushes For Block On Mich. Gambling Enforcement
Polymarket US urged a Michigan federal judge to block the Great Lakes State from initiating any illegal gambling enforcement action against it, saying its prediction market exchange falls entirely under the purview of the Commodity Futures Trading Commission.
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March 06, 2026
SEC Ordered To Release Info On Text Messaging Sweeps
A Florida federal judge has harshly criticized the U.S. Securities and Exchange Commission's litigation tactics as an "acute embarrassment" to the agency as he ordered it to turn over information about the penalties imposed on financial institutions whose employees discussed business information on their personal devices.
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March 06, 2026
NYSE To Pay $9M SEC Fine Over Botched Market Opening
The New York Stock Exchange on Friday agreed to pay $9 million to the U.S. Securities and Exchange Commission following a hardware failure that caused thousands of trades to fail and dozens of stocks to be hit with price declines.
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March 06, 2026
Trump Media Can't Block Financial Testimony In WaPo Suit
A Florida federal court denied President Donald Trump's social media company's bid to prevent The Washington Post from asking Trump Media corporate representatives about the company's financial information, finding it is relevant in the $2.78 billion defamation suit against the newspaper.
Expert Analysis
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Del. Dispatch: What Tesla Decision Means For Exec Comp
The recent Delaware Supreme Court decision granting Tesla CEO Elon Musk his full pay, now valued at $139 billion, following a yearslong battle appears to reject the view that supersized compensation may be inherently unfair to a corporation and its shareholders, say attorneys at Fried Frank.
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Wis. Sanctions Order May Shake Up Securities Class Actions
A Wisconsin federal court’s recent decision to impose sanctions on a plaintiffs law firm for filing a frivolous Private Securities Litigation Reform Act complaint in Toft v. Harbor Diversified may cause both plaintiffs and defendants law firms to reconsider certain customary practices in securities class actions, says Jonathan Richman at Brown Rudnick.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Where States Jumped In When SEC Stepped Back In 2025
The state regulators that picked up the slack when the U.S. Securities and Exchange Commission scaled back enforcement last year should not be underestimated as they continue to aggressively police areas where the SEC has lost interest and probe industries where SEC leadership has actively declined to intervene, say attorneys at Morgan Lewis.
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What's On Deck In Tribal Nations' Prediction Markets Litigation
Native American tribes' response to the expansion of sports-based prediction markets enters a decisive phase this year, with appellate courts positioned to address whether federal commodities law permits nationwide offering of sports-based event contracts free from state and tribal gaming regulation, say attorneys at Holland & Knight.
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SEC Virtu Deal Previews Risks Of Nonpublic Info In AI Models
The U.S. Securities and Exchange Commission’s recent settlement with Virtu Financial Inc. over alleged failures to safeguard customer data raises broader questions about how traditional enforcement frameworks may apply when material nonpublic information is embedded into artificial intelligence trading systems, says Braeden Anderson at Gesmer Updegrove.
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Series
Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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Opinion
The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
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Targeted Action, Rule Tweaks Reflect 2025 AML Priority Shifts
Though 2025’s anti-money-laundering landscape was characterized not by volume of penalties but by the strategic recalibration of how illicit finance risk is handled, a series of targeted enforcement actions signaled that regulators aren't easing off the accelerator, even as they refine the rules of the road, say attorneys at MoFo.
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.
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Citgo Ruling Offers Award Enforcement Road Map
A recent opinion from the Delaware federal court approving a $5.892 billion bid for Citgo Petroleum shares brings the long-running enforcement of the Crystallex arbitration award against Venezuela closer to resolution and offers crucial lessons for creditors pursuing sovereign debt, says Vitaly Morozov at Pierson Ferdinand.
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Series
A Day In The In-House Life: Chime GC Talks Pathfinding
On a recent Tuesday in the office, Chime's general counsel Adam Frankel shares his typical work day, tackling everything from strategically guiding product launches and testing AI tools to mastering the perfect latte and making time for extracurricular interests.
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Preparing For Congressional Investigations In A Midterm Year
2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.
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How Bank M&A Prospects Brightened In 2025
Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.