The U.S. Securities and Exchange Commission could soon ask the public what it thinks about new types of exchange-traded funds that some companies have proposed, potentially moving a step closer to writing rules for the fund industry as prediction market ETFs await the agency's approval.
The U.S. Securities and Exchange Commission could soon ask the public what it thinks about new types of exchange-traded funds that some companies have proposed, potentially moving a step closer to writing rules for the fund industry as prediction market ETFs await the agency's approval.
Three companies spanning the broadband infrastructure, silver mining and e-scooter industries launched plans Monday for initial public offerings that could raise a combined $791 million if they price as planned during the week of June 29.
The Washington Post is asking for sanctions against President Donald Trump's social media company for what the Post alleges were repeated discovery violations in Trump's $2.78 billion defamation suit against the newspaper.
Groups led by the owners of the NHL's Detroit Red Wings and Toronto Maple Leafs have made a substantial investment in the Professional Women's Hockey League, the first outside investment since its 2024 inception, the league announced on Monday.
The U.S. Commodity Futures Trading Commission is asking for public input on how it should address around-the-clock trading and perpetual contracts in the energy industry, asking how the industry developments could impact the price of commodities like crude oil.
The Office of the Comptroller of the Currency issued a plan Monday to implement Bank Secrecy Act and sanctions compliance standards for stablecoin issuers, folding in a past plan from Treasury Department regulators and marking the latest regulatory proposal under the federal stablecoin framework known as the Genius Act.
Former New York Gov. Andrew Cuomo will co-chair a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, a partnership aimed at developing infrastructure for "tokenized and digitally native financial products," according to an announcement made Monday.
A proposed class of investors in Hut 8 Corp. has reached a $2.3 million settlement with the bitcoin miner to resolve claims that it overpaid for a company with severe operational issues and misled investors about energy and connectivity failures at a Texas facility that was part of the merger.
Arizona-based coffee chain Black Rock Coffee, its executives and initial public offering underwriters were hit with a proposed shareholder class action alleging they failed to disclose ahead of the offering that the company's rapid expansion was negatively impacting sales at existing stores.
A proposed class of homeowners urged a Tennessee federal court not to allow a group of mortgage lenders and software companies to dodge their antitrust claims, saying their suit sufficiently alleged that the defendants are engaging in price fixing for residential mortgages.
Former executives, underwriters and large investors of now-defunct biotechnology company Zymergen received initial approval on Monday of a $125 million deal to end claims that they misled shareholders ahead of the company's initial public offering by approving misstatements about Zymergen's commercial product pipeline.
A New York federal judge has rejected a penny stock trader's request for a new trial after he was found liable for a $2.5 million fraud scheme known as scalping, ruling that the U.S. Securities and Exchange Commission had plenty of evidence backing its allegations.
Two traders involved in a multi-year insider trading scheme with a former Joseph Gunnar & Co. broker who used confidential information about upcoming secondary stock offerings to make over $1 million in illicit profits pled guilty Monday to securities fraud, according to the federal government.
The U.S. Supreme Court's 2021 decision in Goldman Sachs Group v. Arkansas Teacher Retirement System has not only armed defendants in securities cases with more arguments in individual class certification fights, but may also be providing greater certainty and finality in class certification battles, say attorneys at Skadden.
Several recent decisions highlight circumstances where risk disclosures can constitute actionable misrepresentations, providing clarity on how the Private Securities Litigation Reform Act's safe harbor and the common-law bespeaks caution doctrine apply to risk disclosures, and how publicly traded companies can guard against such claims, say attorneys at Katten.
A former Conrad & Scherer LLP managing partner must pay an Alabama coal company's attorney fees after being publicly reprimanded by an Alabama federal judge, who found he lied to the court and paid witnesses to change their testimony in his repeated lawsuits against the company.
Four women allege in a recently filed lawsuit that a New Jersey law firm overcharged them on legal fees related to a settlement in pelvic mesh litigation, and the recent lawsuit also relates to a long-running conflict between lawyers who formerly worked together.
The U.S. Supreme Court has asked the federal government to weigh in on a Garden State appellate court's decision that approved a New Jersey State Bar Association system for fostering diversity in its leadership that was accused of being discriminatory.
A D.C. federal judge held Monday that the man accused of attempting to assassinate President Donald Trump at the White House Correspondents' Association dinner can't disqualify U.S. Attorney Jeanine Pirro and acting Attorney General Todd Blanche from prosecuting him because of their presence at the dinner.
The Delaware Chancery Court this past week handled disputes involving executive compensation, take-private transactions, books and records demands, tender offers and alleged insider misconduct.
