Try our Advanced Search for more refined results
Capital Markets
-
October 24, 2025
Paris-Based SPAC Targets US Acquisition After Raising $100M
French special purpose acquisition company LaFayette Acquisition Corp. began trading publicly on Friday after raising $100 million in its U.S. initial public offering, with plans to target U.S. companies in a range of industries.
-
October 24, 2025
Eli Lilly Buying Eye Disease Biotech For Up To $262M
Ropes & Gray LLP-advised Eli Lilly said Friday it has agreed to acquire Cooley LLP-guided Adverum Biotechnologies, a clinical-stage company developing gene therapies for eye diseases, for up to roughly $262 million.
-
October 24, 2025
Shutdown Delays Virtu's Bid To End SEC Suit
The U.S. Securities and Exchange Commission on Friday told a New York federal judge a settlement with Virtu Financial Inc. that was on the cusp of approval would be delayed because of the government shutdown.
-
October 23, 2025
EV-Maker Rivian Will Pay $250M To End Investors' Fraud Suit
Rivian Automotive Inc. investors asked a California federal judge Thursday to greenlight a $250 million settlement resolving their claims that the company underpriced its electric vehicles and misrepresented its profitability ahead of a blockbuster 2021 initial public offering, just one day before a summary judgment hearing.
-
October 23, 2025
Jurors See MIT Bros' Chats, Plans For $25M Crypto Gambit
Jurors weighing the fate of two MIT-educated brothers accused of pulling a $25 million crypto heist on Thursday saw a swath of messages and search history that prosecutors say detail the planning for a high-tech fraud that profited at the expense of other traders on the Ethereum blockchain.
-
October 23, 2025
Ex-SVB Top Brass Can't Ditch FDIC Suit Over 2023 Collapse
Silicon Valley Bank's former CEO and several other past members of the bank's top brass must face a suit from the Federal Deposit Insurance Corp. accusing them of mismanagement that led to the bank's costly 2023 failure, a California federal judge has ruled.
-
October 23, 2025
FINRA Announces Probe Of Broker-Dealers' China Work
The Financial Industry Regulatory Authority notified its members on Thursday that it is investigating broker-dealers that have helped small companies based out of China and other foreign jurisdictions to go public, signaling that it is looking for possible stock manipulation tied to the firms' work.
-
October 23, 2025
Nelson Mullins Hires Two Attys To Bolster RE Team
Nelson Mullins Riley & Scarborough LLP has hired two veteran commercial real estate attorneys — one a former Kelley Drye & Warren LLP special counsel — to strengthen its real estate and capital markets team.
-
October 23, 2025
Full 5th Circ. Asked To Rehear Texas Bankers' OCC Dispute
Two former Texas bankers have asked the full Fifth Circuit to revive their constitutional challenge to an in-house Office of the Comptroller of the Currency enforcement case, arguing that the appellate panel's decision to reject their appeal wrongly stripped them of their right to a jury trial and handed banking agencies "unlimited discretion" to prosecute old misconduct.
-
October 23, 2025
SEC Being Misled In CBD Fraud Fight, CEO Claims
The U.S. Securities and Exchange Commission has "unwittingly" taken the side of a former partner with a terminated licensing agreement, a pharmaceutical CEO told a California federal court this week, asking for summary judgment on the SEC's core claims that he defrauded investors.
-
October 23, 2025
One Nuclear Energy To Go Public Via $1B SPAC Merger
One Nuclear Energy LLC, led by Nelson Mullins Riley & Scarborough LLP, on Thursday unveiled plans to go public through a merger with Sidley Austin LLP-guided special purpose acquisition company Hennessy Capital Investment Corp. VII, in a deal that values the energy company at $1 billion in pre-money equity.
-
October 23, 2025
Musk Can't Lean On Atty Defense In Twitter Investor Dispute
A New York federal judge on Thursday blocked Elon Musk from asserting that he relied on his attorneys' advice in deciding when to disclose that he had taken an ownership interest in Twitter, saying it wouldn't be fair to the platform's former shareholders to allow him to move forward with that defense.
-
October 23, 2025
Warner Bros. Rejects $60B Paramount Bid, And More Rumors
Warner Bros. Discovery's board reportedly rejected a nearly $60 billion offer from Paramount Skydance, but a deal could still materialize after Warner Bros.' board launched a formal review of strategic alternatives. Among other recent reports, Anthropic and Google are said to be in talks for a potential multibillion-dollar cloud deal, and the private equity owner of Octus is preparing for a sale that could value the financial news company at more than $4 billion.
-
October 23, 2025
2 AI-Focused SPACs Plan To Raise Combined $575M In IPOs
Two artificial intelligence-focused special purpose acquisition companies have filed plans with the U.S. Securities and Exchange Commission to raise up to a combined $575 million in their initial public offerings.
-
October 23, 2025
Trump Pardons Convicted Binance Founder Changpeng Zhao
President Donald Trump has pardoned the convicted Binance founder Changpeng Zhao, a move that could open the door for Zhao to return to Binance if he so chooses, and for the crypto exchange to renegotiate the terms of its own plea deal, experts said Thursday.
-
October 22, 2025
EDGAR Filer Worker Cops To Insider Trading Conspiracy
A former employee of a company that handles U.S. Securities and Exchange Commission filings for public companies has pled guilty to insider trading in connection with federal prosecutors' charges he used nonpublic information to buy up shares of issuers poised to announce positive news.
-
October 22, 2025
Fintechs, Banks Clash Over Open Banking Rule Revisions
Trade groups representing banks and fintechs clashed in comment letters over the Consumer Financial Protection Bureau's plans to revise its data-sharing mandate, as banks urged the agency to scrap much of the earlier rule for favoring fintechs, while the tech upstarts argued many of the provisions remain necessary to bust banks' allegedly anticompetitive behavior.
-
October 22, 2025
Crypto Exchange Fined $126.4M For AML Violations In Canada
A Canadian financial regulator on Wednesday ordered crypto exchange Cryptomus to pay a 177 million Canadian dollar ($126.4 million) penalty to resolve anti-money laundering compliance claims, many of which concern transactions connected to sex trafficking and fraud.
-
October 22, 2025
Kroll Wants FTX Hack Suit Tossed, Arbitrated Or Moved
Bankruptcy claims agent Kroll Restructuring Administration LLC has asked a Texas federal judge to transfer or sink a proposed class action over a data breach that affected creditors of FTX Trading Ltd., BlockFi Inc. and Genesis Global Holdco LLC, pointing to alleged standing issues and an online arbitration agreement.
-
October 22, 2025
Investor Advocates Criticize SEC's New Arbitration Stance
Two investor advocacy groups are speaking out against a recent U.S. Securities and Exchange Commission decision to allow some newly public companies to adopt mandatory arbitration clauses, arguing that the move undermines shareholder rights and could make the U.S. a less attractive place to invest.
-
October 22, 2025
FINRA Hits Barclays With $150K Fine For IPO Work
Barclays Capital Inc. has agreed to pay $150,000 to settle accusations that it violated the Financial Industry Regulatory Authority's conflict of interest rules when serving as an underwriter on a $700 million initial public offering.
-
October 22, 2025
Crypto Firm Wins Freeze Of $8M In Allegedly Stolen Crypto
A D.C. federal judge extended an order freezing the digital wallets of two D.C.-area men Wednesday after a Miami-based crypto trading firm claimed that the men used legitimate-looking business fronts to con the firm out of more than $8 million in a fraudulent bitcoin trade.
-
October 22, 2025
6th Circ. Backs Lordstown Execs In Failed Foxconn Deal Suit
The Sixth Circuit has upheld the dismissal of a suit claiming former executives of Lordstown Motors Corp. misled investors about the state of a partnership with Foxconn Technology Group, finding leaders' optimism about the ultimately failed deal wasn't intentionally false.
-
October 22, 2025
3 Firms Guide DraftKings Deal To Enter Prediction Markets
Betting platform DraftKings has entered the prediction markets with its acquisition of Railbird Technologies Inc., but it will not yet offer prediction wagering on sporting events, instead initially focusing on finance, culture and entertainment, according to a company announcement.
-
October 22, 2025
Crypto Exchange FalconX Snags ETP Provider 21shares
Digital asset brokerage FalconX on Wednesday unveiled plans to buy cryptocurrency exchange-traded funds and products provider 21shares, a move that comes just over a month after the U.S. Securities and Exchange Commission eased listing standards for crypto ETPs.
Expert Analysis
-
Series
Law School's Missed Lessons: Rejecting Biz Dev Myths
Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.
-
Move Beyond Surface-Level Edits To Master Legal Writing
Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake.
-
Early Trends In Proxy Exclusion After SEC Relaxes Guidance
The U.S. Securities and Exchange Commission’s recent guidance broadening shareholder proposal exclusion under Rule 14a-8 has been undoubtedly useful to issuers this proxy season, but it does not guarantee exclusion, say attorneys at Debevoise.
-
9th Circ. Has Muddied Waters Of Article III Pleading Standard
District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.
-
Series
Competing In Modern Pentathlon Makes Me A Better Lawyer
Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.
-
Atkins' Crypto Remarks Show SEC Is Headed For A 'New Day'
A look at U.S. Securities and Exchange Commission Chairman Paul Atkins' recent speeches provides significant clues as to where the SEC is going next and how its regulatory approach to crypto will differ from that of the previous administration, say attorneys at Eversheds Sutherland.
-
Series
Law School's Missed Lessons: Teaching Yourself Legal Tech
New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.
-
Texas Targets Del. Primacy With Trio Of New Corporate Laws
Delaware has long positioned itself as the leader in attracting business formation, but a flurry of new legislation in Texas aimed at attracting businesses to the Lone Star State is aggressively trying to change that, says Andrew Oringer at the Wagner Law Group.
-
How AI May Reshape The Future Of Adjudication
As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.
-
When Legal Advocacy Crosses The Line Into Incivility
As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.
-
Two Bills Promise A Crypto Revamp, But Not A Done Deal Yet
Recent efforts in Congress toward an updated regulatory framework for digital assets have led to two bills — the GENIUS Act and the CLARITY Act — that represent the most consequential legislative developments yet in the push for coherent, pro-innovation, reliable regulation for the industry, but both face multiple hurdles, says Mike Katz at Manatt.
-
2 NY Rulings May Stem Foreign Co. Derivative Suits
In recent decades, shareholders have challenged the internal affairs doctrine by bringing a series of derivative actions in New York state court on behalf of foreign corporations, but the New York Court of Appeals' recent rulings in Ezrasons v. Rudd and Haussmann v. Baumann should slow that trend, say attorneys at Cleary.
-
Ore. Coinbase Case Charts New Path For State Crypto Suits
Oregon's recent lawsuit against Coinbase serves as a reminder for the crypto industry that not all states will simply defer to the U.S. Securities and Exchange Commission's evolving stance on crypto-assets, highlighting why stakeholders should proactively assess the risks posed by state-level litigation and develop strategies to address distinct challenges, say attorneys at Steptoe.
-
Series
Volunteering At Schools Makes Me A Better Lawyer
Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.
-
Fed's Crypto Guidance Yank Could Drive Innovation
The Federal Reserve Board's recent withdrawal of guidance letters brings regulatory consistency and broadens banks' ability to innovate in the crypto-asset space, but key distinctions remain between the Fed's policy on crypto liquidity and that of the other banking regulators, says Dan Hartman at Nutter.