Capital Markets

  • April 08, 2026

    Securities And M&A Litigator Rejoins Latham From Cooley

    Latham & Watkins LLP has announced that a New York litigator has rejoined its ranks after a decade-long stint with Cooley LLP.

  • April 07, 2026

    SEC Slams Past Enforcement As It Reports Fewer Cases

    The U.S. Securities and Exchange Commission announced Tuesday that it brought almost 30% fewer original enforcement actions last year compared to the previous year, a dramatic decrease the agency said follows a past enforcement practice that aimed to "pursue media headlines and run up numbers."

  • April 07, 2026

    Adani Defendants Preview Dismissal Bid In SEC Case

    Billionaire business leader Gautam Adani on Tuesday previewed his plans to seek dismissal of a U.S. Securities and Exchange Commission suit accusing him and his nephew of committing securities fraud in connection with a $750 million bond offering, arguing the claims are outside the scope of U.S. courts.

  • April 07, 2026

    FDIC Stablecoin Plan Limits Yield, Pass-Through Insurance

    The Federal Deposit Insurance Corporation on Tuesday floated stablecoin rules that would limit the extent of deposit insurance for holders of such tokens and ban certain interest-bearing arrangements with restrictions similar to a recent proposal from its sister banking regulator.

  • April 07, 2026

    Prediction Markets Tumbling Toward Supreme Court

    The vast expanse of litigation over sports offerings on prediction markets was jolted by a Third Circuit decision in favor of Kalshi this week, likely further speeding the issue's already fast track to the U.S. Supreme Court.

  • April 07, 2026

    Upstart Misled Investors On AI Model's Accuracy, Suit Alleges

    An investor of cloud-based artificial intelligence lending platform Upstart Holdings Inc. hit the company and its top brass with a proposed class action Tuesday, alleging they misrepresented the accuracy of the company's AI model and how it was affecting Upstart's revenues and growth.

  • April 07, 2026

    Private-Credit Focused SPAC Leads Two IPOs Raising $350M

    A pair of special purpose acquisition companies, private credit-focused ACP Holdings Acquisition and advanced technology-focused Apogee Acquisition, began trading publicly Tuesday after raising a combined $350 million in their initial public offerings.

  • April 07, 2026

    2nd Circ. Says Unlicensed Bitcoin-Cash Swaps Can Be Crime

    Exchanging bitcoin for U.S. currency can qualify as transferring funds under the criminal statute against operating an unlicensed money-transmitting business, the Second Circuit held Tuesday in an opinion backing the conviction of a man found guilty of laundering bitcoin that he was told came from drug sales.

  • April 07, 2026

    Conn. Finance Firm, Ex-Adviser Settle Trade Secrets Claims

    Connecticut financial firm Ridgeline Financial Partners LLC has settled a lawsuit accusing a former adviser of taking trade secrets and asking clients to join his own competing company, Crionna Wealth LLC.

  • April 06, 2026

    Musk Slams 'Premature' Judgment After Twitter Stock Verdict

    Elon Musk objected Friday to a California federal judge entering judgment against him following a securities fraud verdict over tweets about his $44 billion Twitter acquisition, arguing there are still numerous unresolved issues and entering a final judgment on a classwide basis at this stage is "premature and improper."

  • April 06, 2026

    Judge Won't Alter $631K SEC Penalty Against Atty

    A Connecticut attorney found liable for violating securities laws as a part of an alleged sham merger agreement can't get his $631,000 penalty modified after a Boston federal judge rejected the attorney's argument that the penalty sum reflects an unjust "double-count[ing]" error.

  • April 06, 2026

    Crypto Lobby Pushes Back On Call For Rules, Not Exemptions

    The Blockchain Association on Monday urged the U.S. Securities and Exchange Commission to stay the course on its plans to issue exemptions for crypto projects, firing back at Citadel Securities' assertions that decentralized projects should broadly face the same obligations as traditional SEC-regulated intermediaries.

  • April 06, 2026

    JPMorgan's Dimon Has 'Mixed' Feelings On Capital Revamp

    The head of the nation's largest bank on Monday raised doubts about the Trump administration's plan to overhaul bank capital rules, casting it as an improvement on a Biden-era draft while saying it still includes some "frankly nonsensical" aspects.

  • April 06, 2026

    VNET Investors Ink $6M Deal Over Post-Default Downturn

    Investors of China-based internet and data center service provider VNET have asked a New York federal judge to preliminarily approve a $5.9 million deal to end claims that the company concealed its founder's default on a loan agreement he entered into with another company using his personal shares of VNET.

  • April 06, 2026

    M&T Beats Investor Suit Over Delayed $3.7B Hudson Merger

    M&T Bank Corp. has beaten investor claims that it hid regulatory problems that led to delays in its $3.7 billion merger with Hudson City Bancorp Inc., with a federal judge in Delaware finding that investors failed to show M&T made material misrepresentations or omissions.

  • April 06, 2026

    Madison Air Eyes $2.2B IPO In Biggest US Debut Of 2026

    Air ventilation and filtration company Madison Air Solutions on Monday filed plans with U.S. regulators to raise roughly $2.2 billion in an initial public offering, which would be the largest public debut of 2026.

  • April 06, 2026

    3rd Circ. Backs Kalshi In Prediction Markets Battle With NJ

    A split Third Circuit panel on Monday backed a lower court's order blocking New Jersey from enforcing a sports gambling ban on trading platform KalshiEx, with the dissenting judge calling Kalshi's actions a "performative sleight" meant to hide that its products are sports gambling.

  • April 06, 2026

    Sidley Lures Cravath VC Group's Co-Head To Lead Tech Team

    Sidley Austin LLP announced Monday that the former co-head of Cravath Swaine & Moore LLP's venture capital and growth equity practice has joined the firm as head of technology capital markets.

  • April 06, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket this past week featured a mix of high-profile corporate disputes, insider trading allegations, contract fights and significant rulings shaping fiduciary duty and deal litigation.

  • April 06, 2026

    4 Firms Guide Healthcare REIT's Early IPO Steps

    National Healthcare Properties filed Monday for an initial public offering in which the healthcare real estate investment trust preliminarily estimated it could raise $100 million, advised by Paul Weiss Rifkind Wharton & Garrison LLP and two other firms.

  • April 03, 2026

    Long Island Investment Adviser Cops To $160M Fraud

    A Long Island, New York, man admitted Friday to defrauding clients out of $160 million by hiding conflicts of interest and falsely claiming their investments in various private equity funds were safe and low-risk.

  • April 03, 2026

    Crypto Coder Seeks To Revive DOJ Challenge At 5th Circ.

    The cryptocurrency software developer who sued the government to protect his forthcoming project from any potential accusations of unlicensed money transmission is asking the Fifth Circuit to keep his lawsuit in play after a Texas federal judge tossed the challenge for failing to show a substantial threat of prosecution.

  • April 03, 2026

    3rd Circ. Preview: Arbitration Limits, Power Plant Safety

    The Third Circuit in April is set to examine the limits of an arbitrator's authority to change awards once they've been made, potentially defining the restraints of commercial arbitration rules and when rulings can be revisited.

  • April 03, 2026

    Skadden Guides Franklin Templeton Crypto Co. Acquisition

    Skadden Arps Slate Meagher & Flom LLP has steered Franklin Templeton's acquisition of a crypto investment management firm that will serve as the base of the finance giant's new crypto arm.

  • April 03, 2026

    AE Industrial Accused Of Insider Trading On AI Co. Stock

    Private equity firm AE Industrial Partners LP has been accused in Delaware Chancery Court of taking advantage of its insider status at artificial intelligence firm Bear.ai Holdings Inc., allegedly shedding $255 million in stock ahead of news that the company wasn't performing as well as projected.

Expert Analysis

  • SEC Virtu Deal Previews Risks Of Nonpublic Info In AI Models

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    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.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    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.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    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.

  • Targeted Action, Rule Tweaks Reflect 2025 AML Priority Shifts

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    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.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    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.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    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.

  • Citgo Ruling Offers Award Enforcement Road Map

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    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.

  • Series

    A Day In The In-House Life: Chime GC Talks Pathfinding

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    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.

  • Preparing For Congressional Investigations In A Midterm Year

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    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.

  • How Bank M&A Prospects Brightened In 2025

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    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.

  • 3 Securities Litigation Trends To Watch In 2026

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    Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • 2025 Calif. Banking Oversight Centered On Consumer Issues

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    The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

  • The Major Securities Litigation Rulings And Trends Of 2025

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    The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

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