Try our Advanced Search for more refined results
Capital Markets
- 
									October 17, 2025
									Quant Trader Tells Jury Of MIT Grads' $25M Crypto Ruse PlanA quantitative trader and former employee of two MIT-educated crypto entrepreneurs Friday told a Manhattan federal jury of how they planned months in advance to leverage a software glitch to obtain $25 million at the expense of other crypto traders on the Ethereum blockchain. 
- 
									October 17, 2025
									Chamber Urges 5th Circ. To Rehear Ex-Bank CEO's FDIC CaseThe U.S. Chamber of Commerce and other libertarian advocacy groups urged the Fifth Circuit on Friday to reconsider a panel ruling shielding the Federal Deposit Insurance Corp.'s in-house courts from a constitutional challenge, arguing the decision defies U.S. Supreme Court precedent and leaves bank officials "trapped in the bureaucratic machinery" of juryless agency prosecutions. 
- 
									October 17, 2025
									Justices Urged To Review Circ. Split Over SEC DisgorgementA man accused by the U.S. Securities and Exchange Commission of participating in a $6 million pump-and-dump scheme is calling on the U.S. Supreme Court to review a circuit split that he says has created "intolerable confusion" over when the agency can collect disgorgement. 
- 
									October 17, 2025
									Investment Firm Founder Indicted On Alleged $500M SchemeThe co-founder of two Florida-based investment firms has been accused by federal prosecutors and the U.S. Securities and Exchange Commission of defrauding lenders and investors out of hundreds of millions of dollars with false representations about the firms' financial success and assets. 
- 
									October 17, 2025
									Major Banks Colluded For 30 Years To Fix Rates, Suit SaysSeveral major banks, including JPMorgan Chase, Bank of America and Wells Fargo, have been hit with a proposed class action in Connecticut federal court alleging that for the past 30 years, they have been artificially inflating interest rates on variable-rate loans to consumers and small businesses. 
- 
									October 17, 2025
									Cornerstone, Peoples Bank To Form $3.1B Texas LenderHouston-based Cornerstone Capital Bancorp Inc. said Friday that it has agreed to acquire Peoples Bancorp Inc. of Lubbock, Texas, in a deal that will deepen its Texas presence and unite two community banks into a $3.1 billion-asset franchise. 
- 
									October 17, 2025
									Newsmax To Build Crypto Reserve With Bitcoin, Trump CoinNewsmax Inc. plans to purchase up to $5 million worth of bitcoin and President Donald Trump's meme coin in the coming year, joining the ranks of public companies adding cryptocurrency to their strategic reserve. 
- 
									October 17, 2025
									Ex-SEC Officials Support Activist Investor Before High CourtTwo former U.S. Securities and Exchange Commission members are among those calling on the U.S. Supreme Court to uphold the ability of investors to sue funds over contracts that violate federal securities laws, saying that the SEC does not have the resources to go after every alleged wrongdoer. 
- 
									October 17, 2025
									Phoenix Suns Minority Owners End Suit, Shift To CountersuitMinority owners of the NBA's Phoenix Suns on Friday dropped their Delaware Court of Chancery lawsuit seeking to obtain certain company documents, but said they are now focused on asserting counterclaims of mismanagement and misconduct in a suit filed earlier this week by majority owner Mat Ishbia. 
- 
									October 17, 2025
									B. Riley Wants Out Of Lottery.com Chancery CaseA California-based banking firm asked the Delaware Chancery Court in a brief unsealed Friday to drop it from the stockholder class action over Lottery.com's 2021 special purpose acquisition company merger, claiming it was late to the party. 
- 
									October 17, 2025
									Federal Courts To Scale Back Operations Amid ShutdownThe federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays. 
- 
									October 17, 2025
									Texas Farm Bureau Suit Alleging USDA Discrimination StayedA Texas federal judge on Thursday opted to stay the Texas Farm Bureau's suit against the USDA over the agency's alleged preferential treatment of minority farmers while a similar case plays out. 
- 
									October 17, 2025
									Taxation With Representation: Latham, Kirkland, WachtellIn this week's Taxation With Representation, the Artificial Intelligence Infrastructure Partnership, MGX, and BlackRock's Global Infrastructure Partners acquire Aligned Data Centers from Macquarie Asset Management and co-investors; Rayonier Inc. and PotlatchDeltic Corp. merge to create a timber and wood products giant; and a Lone Star Funds affiliate acquires industrial processing equipment provider Hillenbrand Inc. 
- 
									October 16, 2025
									Ripple Pays $1B For Treasury Management Co. GTreasuryCrypto exchange Ripple announced Thursday that it entered a deal to acquire treasury management systems provider GTreasury for $1 billion. 
- 
									October 16, 2025
									Semler Investor Sues For Details Of Strive Bitcoin MergerAn investor in healthcare-focused bitcoin treasury company Semler Scientific Inc. has sued to block a shareholder vote on Semler's proposed acquisition by another corporate bitcoin holder until it provides more information on the deal. 
- 
									October 16, 2025
									Kalshi Tells 4th Circ. Md. Is Stepping On CFTC OversightMaryland federal judge was wrong to reject sports betting company Kalshi's argument that its so-called prediction market, which allows users to wager on the outcome of real-world events, counts as a federal derivative exchange, the company said to the Fourth Circuit. 
- 
									October 16, 2025
									Texas Business Court Says Winter Storm Stalled Gas DeliveryA Texas business court found that Marathon Oil Co. had no obligation to buy natural gas to make up for delivery shortfalls to a commodity trading company created during Winter Storm Uri, saying the winter storm counted as an unforeseen event. 
- 
									October 16, 2025
									'Good Riddance': Feds Ax Big-Bank Climate Risk GuidanceFederal regulators Thursday moved to scrap a set of Biden-era "principles" that sought to ensure large banks can manage potential balance-sheet risks from climate change, an ending that one Federal Reserve official greeted with a sharp send-off. 
- 
									October 16, 2025
									OCC Inks Deal With Fla. Bank Over BSA, AML ControlsThe Office of the Comptroller of the Currency released an agreement Thursday with a Florida community bank for alleged law violations involving suspicious activity reporting and due diligence programs for foreign financial institutions' accounts. 
- 
									October 16, 2025
									Wall Street Giants Sued Over Alleged Stock ManipulationAn investor in Israeli chipmaker Eltek Ltd. has sued Morgan Stanley Smith Barney LLC and Interactive Brokers Group Inc., alleging they had a role in a complex stock price manipulation scheme that played out over years, causing trading prices for the tech company's shares to be "irrationally depressed." 
- 
									October 16, 2025
									Fed's Barr Calls For Rules To Plug 'Gaps' In Stablecoin BillFederal Reserve Board Governor Michael Barr said Thursday that the success of the recently passed legislative framework for stablecoins is dependent on federal banking agencies and state regulators coordinating to "fill in important gaps" that could threaten consumer protection and the stability of the banking system. 
- 
									October 16, 2025
									Musk, Twitter Investors Denied Early Wins In Fraud SuitElon Musk and investors of X, formerly known as Twitter, are headed toward trial in a class action suit accusing the billionaire of intentionally tanking the social media platform's stock price, after a California federal judge denied the parties' cross-motions for an early win in the case. 
- 
									October 16, 2025
									Electric Aircraft Startup Beta Technologies Targets $750M IPOElectric aircraft and propulsion system manufacturer Beta Technologies has unveiled plans for an estimated $750 million initial public offering, with Kirkland & Ellis LLP advising the company and Davis Polk & Wardwell LLP advising the underwriters. 
- 
									October 16, 2025
									Fla. Judge Says Soccer CEO's Fraud Suit Belongs In UKA Florida federal judge on Wednesday tossed a soccer company CEO's lawsuit alleging civil securities fraud in a deal to take his company public via a special purpose acquisition company, ruling that the dispute should be resolved in the United Kingdom. 
- 
									October 16, 2025
									ADNOC's Covestro Buy To Get EU Nod, Plus More RumorsAbu Dhabi oil giant ADNOC is expected to get a stamp of approval from European regulators for its €14.7 takeover of German chemicals company Covestro; Spanish grid operator Enagas is debating buying a minority stake in French gas operator Terega; and private equity giant Apollo has submitted another bid to acquire pizza chain Papa John's. 
Expert Analysis
- 
								Series Adapting To Private Practice: From Va. AUSA To Mid-Law  Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers. 
- 
								
								Rebutting Price Impact In Securities Class Actions  Defendants litigating securities cases historically faced long odds in defeating class certification, but that paradigm has recently begun to shift, with recent cases ushering in a more searching analysis of price impact and changing the evidence courts can consider at the class certification stage, say attorneys at Katten. 
- 
								
								7 Document Review Concepts New Attorneys Need To Know  For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke. 
- 
								
								Senate Bill Could Overhaul Digital Asset Market Structure  The Senate Banking Committee's draft Responsible Financial Innovation Act would not only clarify the roles and responsibilities of financial institutions engaging in digital asset activities but also impose new compliance regimes, reporting requirements and risk management protocols, say attorneys at Troutman. 
- 
								Opinion Congress Must Resolve PSLRA Issue For Section 11 Litigants  By establishing a uniform judgment reduction credit for all defendants in cases involving Section 11 of the Securities Act, Congress could remove unnecessary statutory ambiguity from the Private Securities Litigation Reform Act and enable litigants to price potential settlements with greater certainty, say attorneys at Sidley. 
- 
								
								Stablecoin Committee Promotes Uniformity But May Fall Short  While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis. 
- 
								
								Agentic AI Puts A New Twist On Attorney Ethics Obligations  As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG. 
- 
								
								Parsing Trump Admin's First 6 Months Of SEC Enforcement  The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding. 
- 
								Series Being A Professional Wrestler Makes Me A Better Lawyer  Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability. 
- 
								
								How FDIC Appeals Plan Squares With Fed, OCC Processes  The Federal Deposit Insurance Corp.'s recent proposal to revise its appeals process merits a fresh comparison to the appeals systems of the Federal Reserve and Office of the Comptroller of the Currency, and would provide institutions with greater transparency and independence, say attorneys at Alston & Bird. 
- 
								
								SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'  The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin. 
- 
								Series Law School's Missed Lessons: Adapting To The Age Of AI  Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor. 
- 
								
								Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning.jpg)  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  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  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.