Capital Markets

  • December 19, 2025

    Aluminum Biz's ESOP Managers Settle Workers' ERISA Fight

    The son of an Indiana-based aluminum manufacturing company's founder and his attorney have decided to settle a dispute from workers alleging the individuals mismanaged their employee stock ownership plan, parties told a federal court Friday. 

  • December 19, 2025

    More Pardon Seekers Going 'Straight To The White House'

    A nonprofit's unusual plan to make a mass pardon request directly to the Trump administration highlights burgeoning optimism among white collar defendants about their chances of securing relief, and a recognition that the clearest path to clemency no longer runs through the traditional channels.

  • December 19, 2025

    Taxation With Representation: Baker Botts, Morgan Lewis

    In this week's Taxation With Representation, Trump Media and Technology Group merges with fusion power company TAE Technologies, pharmaceutical company Cencora boosts its stake in cancer care company OneOncology, and Phoenix Financial partners with private equity giant Blackstone to plug billions into various credit strategies.

  • December 19, 2025

    Battery Co. Factorial To Go Public Via $1.1B SPAC Deal

    Battery technology company Factorial Inc., led by Goodwin Procter LLP, has announced plans to go public by merging with special purpose acquisition company Cartesian Growth Corp. III, advised by Greenberg Traurig LLP, in a deal that values the battery maker at $1.1 billion.

  • December 19, 2025

    Chancery Keeps Alive Electric Vehicle Co. SPAC Suit

    Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed supply chain problems.

  • December 18, 2025

    Trump's Picks To Lead FDIC, CFTC Win Senate Approval

    The U.S. Senate on Thursday signed off on two more of President Donald Trump's picks for top financial regulator jobs, confirming Travis Hill and Michael Selig as chairs of the Federal Deposit Insurance Corp. and Commodity Futures Trading Commission, respectively.

  • December 18, 2025

    InnovAge Investors Get Final OK For $27M Deal, Atty Fees

    A Colorado federal judge has granted final approval to a $27 million settlement between InnovAge Holding Corp., its underwriters and a class of stockholders accusing the senior healthcare company of making misleading statements in an initial public offering that later caused stock prices to tank after a government audit exposed the alleged falsehoods.

  • December 18, 2025

    AI Energy Co. Stem Inc. Beats SPAC Merger Investor Suit

    Artificial intelligence-driven energy storage company Stem Inc. and its brass no longer face investor claims of making misstatements ahead of a $1.35 billion merger with a blank check company after a judge found their latest complaint revisions didn't fix earlier issues.

  • December 18, 2025

    NY Appeals Court Lets $62M PDVSA Bond Feud Proceed

    A New York appeals court on Thursday rejected a bid by Venezuela's state-owned oil company to find that service of a lawsuit over a roughly $62 million defaulted bond was insufficient under the Foreign Sovereign Immunities Act, ruling that the company had waived its right to be served in compliance with the act.

  • December 18, 2025

    SEC Settles With Accountant Accused Of Penny Stock Fraud

    The U.S. Securities and Exchange Commission announced Thursday that a Canadian accountant will pay over $600,000 to end the agency's claims he was part of a scheme that promoted investments involving purported natural resource extractions that he knew were worthless to investors.

  • December 18, 2025

    Top Trade Secrets Decisions Of 2025

    The Ninth Circuit clarified the rules of engagement in trade secrets disputes with guidance on when confidential information must be precisely detailed during litigation, and jurors delivered a $200 million verdict against Walmart over product freshness technology. Here are Law360's picks for the biggest trade secrets decisions of 2025.

  • December 18, 2025

    Theta, CEO Accused Of Crypto Fraud In Whistleblower Suits

    Two whistleblower complaints have been filed against Sliver VR Technologies, its blockchain subsidiary Theta Labs Inc. and their CEO, alleging they ran pump-and-dump and other fraud schemes to artificially inflate the company's token prices.

  • December 18, 2025

    Apollo Could Fetch $12B For Atlas Air, And More Rumors

    The past week saw no lack of chatter about potential sales, backdoor discussions, fundraises, initial public offerings and activist investor power moves.

  • December 18, 2025

    Feds Urge Justices To Keep SEC Disgorgement Power Intact

    The Trump administration has joined the call for the U.S. Supreme Court to resolve a circuit split over the U.S. Securities and Exchange Commission's disgorgement powers, urging the justices to find that alleged fraudsters should be required to give up illegal profits even if the government can't show investors lost money.

  • December 18, 2025

    Wis. Tribe Seeks To Block Kalshi Sports Contracts

    A Wisconsin Native American tribe urged a federal court to preliminarily block prediction market platform Kalshi from offering sports event contracts on tribal lands, arguing such contracts threaten its gaming monopoly.

  • December 18, 2025

    Compliance Chiefs' Enforcement Risks Didn't Ease Up In 2025

    The landscape for chief compliance officers' liability might relax a bit in the coming years as experts anticipate the Trump administration will rely less on a "failure to supervise" theory of liability that financial regulators used to target one chief compliance officer this year.

  • December 18, 2025

    Trump Media Combining With TAE In $6B Nuclear Fusion Deal

    Trump Media and Technology Group said Thursday it has agreed to merge with TAE Technologies, a privately held fusion power company, in an all-stock deal valued at $6 billion that would create one of the first publicly traded fusion energy companies.

  • December 17, 2025

    Starbucks Brass Face Derivative Suit Over 'Triple Shot' Plan

    Executives and directors of Starbucks have been hit with a shareholder derivative complaint accusing them of misleading investors about the coffee chain's prospects for its so-called Triple Shot Reinvention strategy, which the suit alleges fell short.

  • December 17, 2025

    2nd Circ. Affirms Dismissal Of Mobileye Shareholder Suit

    The Second Circuit on Tuesday affirmed the dismissal of a proposed investor class action accusing Intel unit Mobileye of artificially inflating its stock by concealing how a supply glut was going to impact profits, finding the plaintiffs failed to identify any misleading statements made by company executives.

  • December 17, 2025

    Coursera, Udemy Merging Into $2.5B Online Education Co.

    Online education company Coursera said Wednesday it has agreed to buy rival Udemy in an all-stock deal valuing the combined company at about $2.5 billion, as the firms look to scale their platforms amid rising demand for job-ready skills driven by artificial intelligence.

  • December 17, 2025

    CFTC's Pham Will Head To Crypto Co. MoonPay After Exit

    The U.S. Commodity Futures Trading Commission's acting Chair Caroline Pham is set to join cryptocurrency payments firm MoonPay as its top lawyer following her impending departure from the commission, MoonPay announced Wednesday.

  • December 17, 2025

    Air Taxi Co. Settles SPAC Merger Price Suit For $17.75M

    Stockholders of former air transport venture Blade Air Mobility Inc. have agreed to settle for $17.75 million a Delaware Chancery Court stockholder derivative suit accusing an officer and controlling investors of breaching their fiduciary duties in a take-public deal via a special purpose acquisition company.

  • December 17, 2025

    Nikola Founder's Suit Against CNBC Time-Barred, Panel Says

    Nikola Corp. founder Trevor Milton's trade libel claims against CNBC and short‑seller Hindenburg Research are actually defamation claims and time-barred, a New Jersey appellate panel said in a decision tossing the suit and awarding the defendants attorney fees.

  • December 17, 2025

    The Top Trademark Decisions Of 2025

    The U.S. Supreme Court vacated a trademark infringement award that reached nearly $47 million and found nonparties couldn't be on the hook for the amount, while the Federal Circuit reproached a trademark tribunal for its handling of a man's attempt to register the F-word. Here are Law360's picks for the biggest trademark decisions of 2025.

  • December 17, 2025

    Convicted Oil Trader Will Appeal 15-Month FCPA Sentence

    A former Freepoint Commodities LLC and Arcadia Fuels Ltd. oil trader has told a federal court that he intends to appeal his 15-month prison sentence and $300,000 fine after a jury found him guilty of bribing an official at Brazilian oil giant Petroleo Brasileiro SA.

Expert Analysis

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • What To Expect As Trump's 401(k) Order Materializes

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    Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

  • A Foreign Currency Breach Won't Always Sink EB-5 Cases

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    Recent court decisions show that, while EB-5 investors must be able to show the lawfulness of their funds and methods of transfer, a third-party currency exchanger's violation of another country’s currency export control law does not, by itself, taint the funds for purposes of U.S. investment, says Jun Li at Reid & Wise.

  • 'Solicit' Ruling Offers Proxy Advisers Compliance Relief

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    The D.C. Circuit recently found that proxy voting advice does not fall under the legal definition of "solicitation," significantly narrowing the U.S. Securities and Exchange Commission's regulatory power over such advisers, offering stability to the proxy advisory industry and providing temporary relief from new compliance burdens, say attorneys at Sheppard Mullin.

  • Evaluating The SEC's Rising Whistleblower Denial Rate

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    The rising trend of U.S. Securities and Exchange Commission whistleblower award claim denials represents a departure from the SEC's previous track record and may reflect a more conservative approach to whistleblower award determinations under the current administration, say attorneys at Troutman Pepper.

  • State Crypto Regs Diverge As Federal Framework Dawns

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    Following the Genius Act's passage, states like California, New York and Wyoming are racing to set new standards for crypto governance, creating both opportunity and risk for digital asset firms as innovation flourishes in some jurisdictions while costly friction emerges in others, say attorneys at Sheppard Mullin.

  • Parenting Skills That Can Help Lawyers Thrive Professionally

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    As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird.

  • Series

    Teaching Trial Advocacy Makes Us Better Lawyers

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    Teaching trial advocacy skills to other lawyers makes us better litigators because it makes us question our default methods, connect to young attorneys with new perspectives and focus on the needs of the real people at the heart of every trial, say Reuben Guttman, Veronica Finkelstein and Joleen Youngers.

  • MIT Bros.' Crypto Charges Provide Fraud Test Case For Gov't

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    As U.S. v. Peraire-Bueno, involving cryptocurrency fraud charges against brothers who graduated from the Massachusetts Institute of Technology, moves forward after surviving a motion to dismiss, the case provides an early example of how the government might use the federal fraud statutes to regulate decentralized networks, say attorneys at ArentFox Schiff.

  • 9th Circ. Finding That NFTs Are Goods Will Change TM Law

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    The Ninth Circuit's recent ruling in Yuga Labs v. Ripps establishes that NFTs have real, commercial value under U.S. federal trademark law, a new legal precedent that may significantly influence intellectual property enforcement and marketplace policies regarding digital assets going forward, say attorneys at Wilson Elser.

  • Series

    Adapting To Private Practice: From Texas AUSA To BigLaw

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    As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.

  • 3 Rulings Show Hurdles To Proving Market Manipulation Fraud

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    Three recent conviction reversals from New York federal courts highlight the challenges that prosecutors face in establishing fraud and market manipulation allegations, suggesting that courts are increasingly reluctant to find criminal liability when novel theories are advanced, say attorneys at WilmerHale.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.

  • What FDIC's Asset Threshold Raise Would Mean For Banking

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    If the Federal Deposit Insurance Corp. goes through with its plan to raise asset thresholds that determine regulatory intensity, it could free billions in compliance costs and bolster regional and community banks, but risk of oversight gaps are making this a contested area in banking policy, says Jessica Groza at Kohr Jackson.

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