Capital Markets

  • March 05, 2026

    Progenity Investors' $1M Billing Fraud Suit Deal Gets Final OK

    Genetic test distributor Progenity Inc., now known as Biora Therapeutics Inc., has received final approval of a $1 million settlement with investors, resolving claims that it made misleading statements ahead of its June 2020 initial public offering about its practice of overbilling the government.

  • March 05, 2026

    Intel, Lutnick Face Investor Suit Over Government's 10% Stake

    An Intel Corp. shareholder is suing the company's board of directors and Commerce Secretary Howard Lutnick over a deal in which the government received a 10% stake in the company in exchange for releasing billions of dollars in previously agreed-upon funding.

  • March 05, 2026

    Wells Fargo Exits Last Outstanding Fed Enforcement Order

    The Federal Reserve on Thursday closed out the rest of a 2018 enforcement order issued against Wells Fargo & Co. in the wake of its fake accounts scandal, saying the bank has met all requirements for release after nearly a decade of work.

  • March 05, 2026

    UK Law Sector's Private Equity Boom Offers Lessons For US

    Private equity money is pouring into the U.K. legal sector, fueling a wave of consolidation in consumer-facing practices and offering a glimpse of what it could look like if outside investment in the U.S. legal industry takes off.

  • March 05, 2026

    Jilted Citgo Buyer Takes Aim At Special Master's Fee Bid

    Jilted Citgo bidder Gold Reserve Ltd. continues to urge a Delaware federal court to reject a special master's bid for another $15.3 million in fees, saying he hasn't shown he is complying with a court order aimed at reducing his expenses.

  • March 05, 2026

    Enviri, Veolia's $3B Clean Earth Deal Gets US Antitrust Nod

    Enviri Corp. has disclosed the early termination of the waiting period under the Hart-Scott-Rodino Act for its planned sale of Clean Earth to Veolia Environnement SA for more than $3 billion.

  • March 05, 2026

    Robinhood Sues Mich. AG Over Event Contracts

    Robinhood Derivatives LLC has filed suit against the Michigan attorney general and state gaming regulators, asking a federal judge to bar the state from using its gambling laws to target federally regulated sports event contracts.

  • March 05, 2026

    SpaceX Taps Citigroup For Planned IPO, Plus More Rumors

    SpaceX has added Citigroup to its lineup of banks leading its planned blockbuster initial public offering, Thrive Capital and Andreessen Horowitz are co-leading an investment in defense company Andural Industries that could value it at $60 billion, and Indian payments platform PhonePe is preparing plans for an initial public offering that would value it at $10.5 billion.

  • March 05, 2026

    Simpson Thacher Hires Capital Markets Partner From Dechert

    Simpson Thacher & Bartlett LLP said it has hired a New York-based partner who will focus on securitizations in its capital markets practice.

  • March 04, 2026

    Musk Tells Jury 'Biased' Judge Forced His Twitter Buy

    Elon Musk testified Wednesday in a California federal trial over Twitter investors' claims that the billionaire tanked the company's stock to get a better deal and said he paid the full $44 billion offer price because the Delaware Chancery judge overseeing litigation over the sale was "extremely biased" against him.

  • March 04, 2026

    Cushman & Wakefield Ignored 401(k) Climate Risks, Suit Says

    Cushman & Wakefield mismanaged its employee retirement plan by ignoring "glaring red flags" in its selection of an underperforming fund that exposed investors to climate-related risks, according to what the plaintiff's counsel called a "first-of-its-kind" class action that accuses the commercial estate firm of violating the Employee Retirement Income Security Act.

  • March 04, 2026

    SEC Takes Step Toward Issuance Of Crypto 'Taxonomy'

    The U.S. Securities and Exchange Commission has sent its forthcoming "token taxonomy" to the Office of Information and Regulatory Affairs for review, marking a procedural step toward issuing guidance on which crypto assets and transactions trigger securities laws.

  • March 04, 2026

    SEC Says Consultant Enabled $284M Sports Park Bond Fraud

    The U.S. Securities and Exchange Commission has accused the former consultant of a sports complex operator of fabricating anticipated revenue for the facility in order to sell $284 million in now-defaulted municipal bonds to investors.

  • March 04, 2026

    PE Firm Norada Faces Investor Suits Over $92M Ponzi Scheme

    Groups of investors from multiple states have filed a series of lawsuits against Norada Capital Management LLC in Wyoming federal court, alleging the private equity fund defrauded them out of millions of dollars as part of a Ponzi scheme that the firm's managing member pled guilty to.

  • March 04, 2026

    Polymarket Challenges Mich.'s Gambling Law Enforcement

    Polymarket US filed suit Wednesday seeking to block Michigan from enforcing its gambling laws against the prediction-market exchange, marking the latest in the fight between prediction-market exchanges and state regulators that is playing out across the country.

  • March 04, 2026

    SEC Denied Early Win Against Musk In Twitter Case

    The U.S. Securities and Exchange Commission on Wednesday was denied an early victory in D.C. federal court in its enforcement action accusing Elon Musk of failing to timely disclose that he had acquired an ownership interest in the social media platform formerly known as Twitter.

  • March 04, 2026

    Crypto Co. Kraken Secures Fed Master Account Access

    The Federal Reserve Bank of Kansas City on Wednesday cleared Wyoming-chartered Kraken Financial for a "limited purpose" master account, becoming the first crypto bank to gain access to the Federal Reserve's payment rails in a move that brought outcry from banking groups.

  • March 04, 2026

    Kensington Capital SPAC Raises $200M For Auto Ventures

    Kensington Capital Acquisition VI, a blank-check company led by the founder of Kensington Capital targeting the auto industry, began trading Wednesday after it raised $200 million by offering 20 million units at $10 each. 

  • March 04, 2026

    O'Melveny Adds Holland & Knight Corporate Ace In Houston

    O'Melveny & Myers LLP announced Wednesday that it has boosted its capital markets bench with a partner in Houston who joined from Holland & Knight LLP.

  • March 04, 2026

    BCLP Adds Capital Markets Specialist From Kirkland In LA

    Bryan Cave Leighton Paisner LLP, which is also known as BCLP, is expanding its transactions team, bringing in a Kirkland & Ellis LLP capital markets expert as a partner in its Los Angeles office.

  • March 04, 2026

    SEC, PCAOB Auditor Enforcement Plummeted In 2025

    Both the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board saw decreases in accounting and auditing enforcement activity in 2025, including sharp decreases in SEC settlements and PCAOB fines for auditing actions.

  • March 03, 2026

    Breyer Rips Musk Atty For 'False Impression' To Twitter Jury

    U.S. District Judge Charles Breyer blasted Elon Musk's counsel Tuesday in a trial over Twitter investors' allegations that Musk intentionally tanked its stock, telling the lawyer she'd created a "false impression" with the jury by questioning an ex-Twitter attorney about her right to speak with plaintiffs' counsel while under oath.

  • March 03, 2026

    Goldman's Departing CLO, Gates Asked To Testify On Epstein

    The House Oversight Committee on Tuesday asked outgoing Goldman Sachs Chief Legal Officer Kathryn Ruemmler, Microsoft founder Bill Gates, Apollo Global Management co-founder Leon Black and others to testify about their connections to child sex offender Jeffrey Epstein.

  • March 03, 2026

    OCC Clears Faster Merger, Licensing Path For Smaller Banks

    The Office of the Comptroller of the Currency on Tuesday expanded fast-track merger review and licensing pathways for banks under $30 billion in assets, its latest move to advance the Trump administration's deregulatory push for so-called community banks.

  • March 03, 2026

    SCANA Investors' $34M Deal, Atty Fees Get Final OK

    Consulting giant Deloitte and investors in utility company SCANA Corp. have gotten a final nod for their $34 million settlement of proposed class action claims that Deloitte gave cover to SCANA as it hid delays and cost overruns for a $9 billion nuclear energy expansion project it eventually abandoned.

Expert Analysis

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Post-Genius Landscape Reveals Technical Stablecoin Hurdles

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    The Genius Act's implementation has revealed challenges for mass stablecoin adoption, but there are several factors that stablecoin issuers can use to differentiate themselves and secure market share, including interest rate, liquidity, and safety and security, say attorneys at Olshan Frome.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • CFIUS Trends May Shift Under 'America First' Policy

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    The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.

  • How Novel Del. Ruling Tackled Crypto Jurisdiction

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    As courts grapple with cryptocurrency's borderless nature, the Delaware Court of Chancery's recent decision in Timoria v. Anis highlights the delicate balance between territorial jurisdiction and due process, and reinforces the need for practitioners to develop sophisticated, multijurisdictional approaches to digital asset disputes, say attorneys at Holland & Knight.

  • What CFTC Push For Tokenized Collateral Means For Crypto

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    The Commodity Futures Trading Commission's recent request for comment on the use of tokenized products as collateral in derivatives markets signals that it is expanding the scope and form of eligible collateral, and could broaden the potential use cases for crypto-assets held in tokenized form, say attorneys at Dechert.

  • Series

    Practicing Stoicism Makes Me A Better Lawyer

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    Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.

  • Series

    The Biz Court Digest: Texas, One Year In

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    A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.

  • Series

    Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

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