Securities

  • January 06, 2026

    Crypto Exec Says SEC Can't Silence Jurisdictional Defense

    A crypto executive fighting a pump-and-dump suit by the U.S. Securities and Exchange Commission has urged a federal judge to deny the agency's request to strike his jurisdictional defenses, arguing the Florida federal court must decide those questions because they raise issues that have not already been litigated.

  • January 06, 2026

    Coupang Brass Face Suit Over Alleged Cybersecurity Failures

    The top brass of e-commerce company Coupang Inc. have been sued in California federal court by a shareholder who claims the company's executives and directors failed to maintain adequate cybersecurity protocols, leading to a data breach that exposed the personal information of millions of customers.

  • January 06, 2026

    SEC Lands $2.6M Default Win In Biofuel Investor Fraud Case

    A purported commercial fueling entrepreneur and his companies must pay the U.S. Securities and Exchange Commission nearly $2.6 million after failing to retain new counsel in an enforcement action alleging that they scammed retail investors out of more than $1.2 million.

  • January 06, 2026

    Financial Firm Seeks $5M From Rival That Lured Adviser

    Minnesota-based financial planning firm Wealth Enhancement Group LLC has asked a Connecticut Superior Court judge to issue a $5 million damages and costs verdict against a rival accused of hiring a WEG adviser and scheming to draw an alleged $27 million in assets under management into its coffers.

  • January 06, 2026

    5th Circ. Mulls If ERISA Claims Are Subject To Arbitration Clause

    A Fifth Circuit panel wanted a former employee at International Bancshares Corp. to explain how his benefits class action could evade an arbitration clause adopted by the plan that he never consented to, saying Tuesday that other courts seemingly have not adopted a theory that would allow that.

  • January 06, 2026

    Drugmakers Fight Multifront Legal Battles Over GLP-1s

    In the wake of U.S. Food and Drug Administration approvals for GLP-1 weight-loss drugs, surging public demand and massive profits have inspired a broad range of drugmaker litigation against competitors, alleged counterfeits and telehealth providers.

  • January 06, 2026

    Rick Perry's AI Energy Co. Hit With Post-IPO Lawsuit

    An artificial intelligence infrastructure company co-founded by former Texas Gov. Rick Perry is facing a proposed class action accusing it of overselling its key development in order to secure $745.7 million through an initial public offering.

  • January 06, 2026

    Coal Exec Ordered To Disclose Evidence For Bribery Trial

    A former coal executive charged with bribing Egyptian officials must tell prosecutors what, if any, evidence he intends to use for his upcoming Foreign Corrupt Practices Act trial, a federal judge ruled Tuesday.

  • January 06, 2026

    Ill. Judge Trims Most Of Walgreens Shareholder Suit

    An Illinois federal judge on Monday dismissed most claims in a lawsuit alleging Walgreens inflated share prices by concealing the lack of viability of its pharmacy division and primary care investment, warning shareholders not to "waste judicial resources" in amending their allegations by claiming straightforward statements are misleading "absent a coherent argument as to why."

  • January 06, 2026

    Bankers Urge Senate To Ban Stablecoin Yield Payments

    The American Bankers Association is doubling down on efforts to convince policymakers to outlaw yield payments for stablecoins, urging banking CEOs and their clients to flood U.S. senators with letters and calls as a forthcoming crypto market structure bill presents an opportunity to solidify the prohibition.

  • January 06, 2026

    Meta Downplayed $10B Ad Changes 'Tsunami,' 9th Circ. Told

    Meta Platforms Inc. investors urged a Ninth Circuit panel on Tuesday to revive a proposed securities class action alleging the social media giant hid the financial effects of privacy changes by Apple Inc., arguing that Meta executives publicly assured investors while knowing the company would be hit with a "$10 billion tsunami."

  • January 06, 2026

    Fox Rothschild Adds Ex-Steptoe Atty To Head Fintech Practice

    Fox Rothschild LLP announced Tuesday that it has hired the former leader of Steptoe LLP's payments team as chair of the firm's newly formalized fintech and digital assets practice.

  • January 06, 2026

    Kalshi Seeks To Keep Status Quo Amid Sports Contract Fight

    Kalshi is urging the Ninth Circuit to allow it to continue offering sports event contracts as it litigates a patchwork of cases from state gaming regulators arguing that the trading platform is using the contracts to violate sports betting laws.

  • January 06, 2026

    Ameritas Says Prior Deal Ends Couple's Annuity Fraud Suit

    A retired military officer and his wife cannot proceed with a suit over the sale of unsuitable equity indexed annuities, Ameritas and a former insurance agent said, urging a North Carolina federal court to enforce a settlement agreement and release that resulted from mediation.

  • January 06, 2026

    DOJ Fraud Section Leader Returns To Cahill Gordon In DC

    A former senior deputy chief of the U.S. Department of Justice's fraud section and former staff member for the U.S. House's Jan. 6 committee has left the public sector and rejoined Cahill Gordon & Reindel LLP's office in Washington.

  • January 06, 2026

    German Waived Challenge To $4.6M SEC Tab, 1st Circ. Hints

    A German national's failure to formally respond to discovery requests probing whether he is subject to personal jurisdiction in the United States may have undermined his challenge to a $4.6 million default judgment in a U.S. Securities and Exchange Commission fraud case, a First Circuit panel suggested Tuesday.

  • January 05, 2026

    Hawaiian Electric Reaches $47.8M Investor Deal Over Wildfires

    Hawaiian Electric Industries Inc. shareholders reached a nearly $48 million settlement with the company and some of its leaders in a suit blaming it for the downturn in its stock price following a deadly 2023 fire on Maui, and asked a California federal judge on Monday to grant the deal preliminary approval.

  • January 05, 2026

    Owlet Investors Seek Final OK For $3.5M Deal, Atty Fees

    Investors suing digital baby monitoring device manufacturer Owlet Inc. have asked a California federal court to grant final approval to a $3.5 million deal settling claims the company misled investors about approvals required from the U.S. Food and Drug Administration to sell its "smart socks."

  • January 05, 2026

    Fed. Circ. Examines Timing Of $452M Trade Secrets Suit

    A Federal Circuit panel delved into the statute of limitations for trade secrets cases Monday, pressing an attorney for a South Korean company seeking to reverse a verdict that prompted a $452 million jury award to explain why the clock should start when a plaintiff suspects misappropriation rather than when it is actually discovered.

  • January 05, 2026

    PG&E Inks $100M Deal To Settle Investors' Wildfire Suit

    California utility Pacific Gas & Electric Co., its brass and its underwriters have reached a $100 million deal ending investor claims over allegedly misleading statements about the company's safety practices ahead of deadly wildfires in the past decade.

  • January 05, 2026

    Trade Group Pushes For SEC's Off-Channel Comms Data

    The American Securities Association urged a Florida federal judge Monday to require that the U.S. Securities and Exchange Commission produce information showing how it calculated the massive penalties it imposed in a Biden-era off-channel communications sweep, saying that the agency had forfeited its main argument for withholding the documents.

  • January 05, 2026

    SEC Won't Review FINRA Delay On Carbon Offset Co. Petition

    The U.S. Securities and Exchange Commission has dismissed a bid brought by shareholders of Entrex Carbon Market Inc. to review what they said is the Financial Industry Regulatory Authority's harmful failure to act on the carbon offset trading platform's requests for a name change and approval of stock splits.

  • January 05, 2026

    NY Dem Looks To Curb Officials' Prediction Market Trading

    Rep. Ritchie Torres, D-N.Y., is seeking to ban public officials from trading in certain prediction markets if their job gives them an edge, a representative confirmed Monday, days after an anonymous trader made a well-timed bet on the removal of Venezuelan President Nicolás Maduro.

  • January 05, 2026

    Deutsche Bank Pauses Norway Suit After Conn. Judge's Order

    Deutsche Bank AG has notified a Connecticut judge that it abided by her order to pause a lawsuit against billionaire Alexander Vik and his daughter in Norway that stems from an unsatisfied $243 million judgment, telling the state court that it would keep the suit on hold pending a new order or a successful appeal.

  • January 05, 2026

    Chancery Orders $25K Daily Sanction In Trump Media Dispute

    The blank-check company that took Trump Media & Technology Group Corp. public last year drew a $25,000 per-day sanction on Monday in Delaware's Court of Chancery after refusing an over $2 million legal fee advancement bill arising from litigation involving a former CEO in Florida.

Expert Analysis

  • FDA Transparency Plans Raise Investor Disclosure Red Flags

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    The U.S. Food and Drug Administration’s recently announced intent to publish complete response letters for unapproved drugs and devices implicates certain investor disclosure requirements under securities laws, making it necessary for life sciences and biotech companies to adopt robust controls going forward, say attorneys at Arnold & Porter.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    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.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    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

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    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

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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.

  • A Changing Playbook For Fighting Records Requests In Del.

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    The Delaware Supreme Court's recent decision in Wong v. Amazon, reversing the denial of an inspection demand brought by a stockholder, serves as a stark warning to corporations challenging books and records requests, making clear that companies cannot defeat such demands solely by attacking the scope of their stated purpose, say attorneys at Duane Morris.

  • 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.

  • '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.

  • The Crucial Question Left Unanswered In EpicentRx Decision

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    The California Supreme Court recently issued its long-awaited decision in EpicentRx Inc. v. Superior Court, resolving a dispute regarding the enforceability of forum selection clauses, but the question remains whether private companies can trust that courts will continue to consistently enforce forum selection clauses in corporate charters, says John Yow at Yow PC.

  • 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.

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