Capital Markets

  • August 12, 2025

    Ex-Cognizant, Chevron Exec Joining Galaxy Digital As CLO

    Crypto institutional investment and trading firm Galaxy Digital has found a new chief legal officer in the former general counsel of Cognizant Technology Solutions, who also held roles at Chevron and UnitedHealth Group.

  • August 11, 2025

    Calif. Trader To Pay SEC $358K Over Spoofing Allegations

    A former day trader has agreed to give the U.S. Securities and Exchange Commission nearly $358,000 to end claims he manipulated options markets by means of so-called spoofing, illegally making about $234,000.

  • August 11, 2025

    4 Takeaways From Trump's Order To Expand 401(k) Assets

    President Donald Trump's recent executive order aimed at expanding 401(k) savers' access to nontraditional 401(k) assets like private equity and crypto could open up a greater portion of the financial market to retirement savers, attorneys say, though plenty of regulatory hurdles lie ahead. Here, Law360 looks at four key takeaways on the order with attorneys and experts.

  • August 11, 2025

    FINRA Fines Goldman Over IPO Conflicts Of Interest

    Investment banking giant Goldman Sachs has agreed to pay the Financial Industry Regulatory Authority $250,000 to end claims it failed to bring in an independent underwriter to work on a registration statement for a $700 million initial public offering in which Goldman had a conflict of interest.

  • August 11, 2025

    Financiers Want Soccer CEO's SPAC Fraud Suit In England

    An investment business and two other financiers urged a Florida federal court to dismiss a soccer company CEO's lawsuit alleging civil securities fraud in a complex financing deal, saying similar litigation has already been initiated in the United Kingdom. 

  • August 11, 2025

    Paxos Is Latest Crypto Firm To Seek OCC Bank Charter

    Stablecoin issuer Paxos Trust Co. LLC said Monday that it has applied to become licensed and supervised by the Office of the Comptroller of the Currency, joining a wave of digital asset firms that are now pursuing U.S. banking charters from the agency.

  • August 11, 2025

    Judge To Order Bond, Sanctions In Crypto Miner's Ch. 11

    A Delaware bankruptcy judge said Monday she would require the creditors that petitioned to force a cryptocurrency mining operation into Chapter 11 to post a multimillion-dollar bond in case their petition is dismissed.

  • August 11, 2025

    EY Says SPAC Investors' Fraud Suit Is 'Blame-Shifting'

    EY's Middle East affiliates asked a New York federal judge to toss claims that they botched audits of United Arab Emirates-based Brooge Petroleum before its merger with a blank-check company to enable a fraudulent scheme against investors, arguing it was up to the plaintiffs to "kick the tires" before recommending the merger.

  • August 11, 2025

    Proxy Proposals Shift Away From Politics Under Trump

    Shareholder proposals on environmental, social and political topics faced headwinds in early 2025, with both the number of submissions and investor support falling amid Trump administration policy shifts and "dizzying" legal and regulatory changes, Sullivan & Cromwell LLP said in a Monday report. 

  • August 11, 2025

    Catching Up With Delaware's Chancery Court

    Nielsen Holdings Ltd. and consumer intelligence spinoff Nielsen Consumer IQ agreed to end their dispute, a sole investor asked the court to name him lead plaintiff in a suit challenging Endeavor's $13 billion take-private deal, and the Chancery Court announced a new, automated case assignment regime. Here's the latest from the Delaware Chancery Court.

  • August 11, 2025

    Rising Star: Latham's David Siegel

    David Siegel of Latham & Watkins LLP helped advise Guggenheim Securities in connection with structuring the first-ever data center securitization for a hyperscale data center operator, earning him a spot among the complex financial instruments law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 11, 2025

    Crypto Co. Kraken's Litigation Lead Departs After 6 Years

    The deputy general counsel who headed litigation at crypto exchange Kraken is stepping down from the role after helping steer it through multiple battles with federal regulators.

  • August 11, 2025

    Terraform Founder Set To Plead Out Of $40B Fraud Case

    Terraform founder Do Kwon is on track to enter a guilty plea in his $40 billion criminal fraud case, a Manhattan federal judge said Monday, in an order that comes ahead of a scheduled 2026 trial and amid weeks of talks between his lawyers and prosecutors.

  • August 11, 2025

    Photographer Says Media Co. Misued His Bitcoin Photo

    A professional photographer sued financial media company Benzinga on Monday in Michigan federal court, accusing it of wrongfully using one of his copyrighted photos featuring bitcoin iconography in its online content.

  • August 11, 2025

    Goodwin, Kirkland Steer $2B MeridianLink Take-Private Deal

    Financial services-focused software company MeridianLink, led by Goodwin Procter LLP, on Monday announced plans to go private through its acquisition by financial services and technology-focused private equity shop Centerbridge Partners LP, advised by Kirkland & Ellis LLP, in a $2 billion all-cash deal.

  • August 11, 2025

    Ørsted To Raise $9.4B After Delays To US Wind Farm Sale

    Denmark's wind power giant Ørsted AS said Monday that it plans to raise $9.4 billion with support from the Danish state as it blamed resistance by the U.S. government to wind power after Donald Trump took office for disrupting its investment plans.

  • August 08, 2025

    Ripple Exits SEC Case With An Injunction Still Over Its Head

    The U.S. Securities and Exchange Commission's long-running case against Ripple Labs has finally come to an end with both sides agreeing to drop competing appeals, but the crypto firm's inability to shake a court-ordered judgment leaves it potentially vulnerable to future enforcement actions.

  • August 08, 2025

    Tornado Cash Case Far From Over With Jury's Mixed Verdict

    The split verdict in the Tornado Cash trial likely won't encourage prosecutors to go after crypto projects for failing to register as money transmitters, but it may still leave software developers open to liability if they seem aware of others' misuse of their creations.

  • August 08, 2025

    BofA Must Face Trust Property Suit, Ga. Judge Says

    A Georgia federal judge refused to let Bank of America escape a proposed class action accusing it of overcharging residential trusts for insurance, ruling in part that the named plaintiff can seek damages for his breach of trust claim against the bank.

  • August 08, 2025

    Trump Planning Fannie Mae, Freddie Mac Stock Sale This Year

    The Trump administration may move to sell stock in federally backed mortgage bundlers Fannie Mae and Freddie Mac, with officials discussing the details of a possible sale later this year.

  • August 08, 2025

    GOP Sens. Call For Overhaul Of Bank Supervisory Warnings

    Republican senators are pressing federal regulators for an overhaul of how they flag and track supervisory concerns at banks, warning that the current system of confidential notices lacks legal grounding and is "increasingly opaque, ineffective and inconsistent."

  • August 08, 2025

    Allbirds Faces New Del. Derivative Suit In Chancery

    Stockholders of footwear and clothing venture Allbirds Inc. launched a new Delaware Court of Chancery derivative suit Friday naming the company's key corporate figures, citing in part a now-third-amended securities action in the Northern District of California.

  • August 08, 2025

    PE Firm Peppertree Gets $300M Award In Telecoms Fight OK'd

    A New York judge is enforcing a $300.74 million damages award issued to the minority shareholders of telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. in a bitter dispute over control of the company, saying the majority shareholders had "fallen far short" of showing it should be vacated.

  • August 08, 2025

    Medical Tech Startup Heartflow's Upsized IPO Raises $317M

    Venture-backed medical technology company Heartflow Inc. began trading publicly on Friday after raising nearly $317 million in an upsized initial public offering that exceeded its initial price range, marking the latest in a wave of medtech startups to go public recently.

  • August 08, 2025

    New Jersey Litigation Highlights For The 1st Half Of 2025

    More than halfway through 2025, the New Jersey legal community has seen the state lose its case against one of the most politically connected figures to never hold office, as well as the federal government dropping its case against two former technology executives accused of bribing foreign officials. Here are some of the biggest decisions and ongoing cases to watch for the rest of the year.

Expert Analysis

  • Series

    Law School's Missed Lessons: Navigating Client Trauma

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    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

  • What To Expect As UK, US Gov'ts Develop Stablecoin Policies

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    While the U.K. and U.S. governments’ policies both suggest that fiat-backed stablecoins can improve efficiency and safety in payments systems, a perception that crypto-assets remain high risk means consumers are unlikely to use them in significant volume anytime soon, say lawyers at Cadwalader.

  • Opinion

    4 Former Justices Would Likely Frown On Litigation Funding

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    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • Quantifying Trading-Based Damages Using Price Impact

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    The U.S. Securities and Exchange Commission will likely increasingly rely on price impact analyses to demonstrate pecuniary harm from trading-related misconduct, meaning measuring price impact will be helpful in challenging SEC disgorgement, determining appropriate remedies, and assessing loss causation and damages in private litigation, says Vyacheslav Fos at Boston College and Erin Smith at Compass Lexecon.

  • Congress Crypto Movement Could Bring CFTC 'Clarity' At Last

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    The Clarity Act's arrival at the House floor during "Crypto Week" in Congress demonstrates enduring bipartisan support for legislation addressing digital assets and the Commodity Futures Trading Commission's important role in a future regulatory structure, say attorneys at DLA Piper.

  • Practical Implications Of SEC's New Crypto Staking Guidance

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    The U.S. Securities and Exchange Commission's recent staff guidance that protocol staking does not constitute securities offerings provides a workable compliance blueprint for crypto developers, validators and custodial platforms willing to keep staking strictly limited to protocol-driven rewards, say attorneys at Cahill.

  • Stablecoin Bills Present Opportunities, Challenges For Banks

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    Stablecoin legislation that Congress is expected to adopt in the coming weeks — the GENIUS and STABLE Acts — would create openings for banks to engage in digital asset activities, but it also creates a platform for certain tech-savvy nonbanks to directly compete, say attorneys at Arnold & Porter.

  • How Attys Can Use AI To Surface Narratives In E-Discovery

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    E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben.

  • Leveraging Diligence Findings For Better Life Sciences Deals

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    Life sciences parties should utilize due diligence strategically to review and draft deal documents, address issues identified during the diligence, and craft solutions to achieve the party's transactional goals, says Anna Zhao at Gunner Cooke.

  • Capital One Deal Approval Lights Up Path For Bank M&A

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    The federal banking regulators' recent approval of Capital One's acquisition of Discover signals the agencies' willingness to approve large transactions and a more favorable environment generally for bank mergers under the Trump administration, say attorneys at Arnold & Porter.

  • Gauging The Risky Business Of Business Risk Disclosures

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    With the recent rise of securities fraud actions based on external events — like a data breach or environmental disaster — that drive down stock prices, risk disclosures have become more of a sword for the plaintiffs bar than a shield for public companies, now the subject of a growing circuit split, say attorneys at A&O Shearman.

  • Series

    Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • SEC Proposal Could Hurt Foreign Issuers' US Market Access

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    The U.S. Securities and Exchange Commission’s June call for feedback on potentially narrowing how it designates foreign private issuers of securities could ultimately result in significant new barriers for traders that rely on FPI accommodations to participate in U.S. markets, say attorneys at Gibson Dunn.

  • DOJ's 1st M&A Declination Shows Value Of Self-Disclosures

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    The U.S. Department of Justice's recent decision not to charge private equity firm White Deer Management — the first such declination under an M&A safe harbor policy announced last year — signals that even in high-priority national security matters, the DOJ looks highly upon voluntary self-disclosures, say attorneys at Perkins Coie.

  • Series

    Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

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