Try our Advanced Search for more refined results
Securities
-
February 09, 2026
Meta Allows Pump-And-Dump Scam Ads, New Suit Says
A new proposed class action in California federal court alleges Meta Platforms Inc. knowingly allowed pump-and-dump scammers to advertise on its platform and to promote and falsely inflate the prices of certain stocks before selling their shares, gaining millions of dollars from Meta users.
-
February 09, 2026
Cooperation Helps Ease 2 Sentences In NJ Ponzi Scheme
Two of the government's key cooperating witnesses whose testimony and proffered evidence helped land the third conviction of Ponzi schemer Eliyahu "Eli" Weinstein were sentenced on Monday in New Jersey federal court for their own roles in Weinstein's most recent scheme.
-
February 09, 2026
LRN Shareholder To Pay $18M To End Del. Defamation Suit
Activision founder Howard Marks will pay $18 million to LRN Corp. Chairman Dov Seidman and two others to exit a Delaware Superior Court defamation lawsuit over statements he made as class representative in a separate Delaware Court of Chancery shareholder case, a Monday filing states.
-
February 09, 2026
Chancery Nixes TRO In Software Co. Squeeze-Out Claim
Delaware's Court of Chancery has rejected a bid for a temporary restraining order barring enforcement of an artificial intelligence-augmented software company's capital call, allegedly lined up as a "forfeiture device" to squeeze out the company's co-founder and chief tech officer.
-
February 09, 2026
9th Circ. Backs Comerica's Escape From Investor Suit
The Ninth Circuit backed Comerica's win in an investor dispute led by a pension fund accusing the bank of misleading investors about its oversight of a U.S. Department of the Treasury contract, concluding a California federal judge was right to permanently toss the case for failure to state a claim.
-
February 09, 2026
Citadel Securities Rival Backs New Exchange Before 11th Circ.
Wall Street reform advocates and a Citadel Securities LLC competitor have stepped forward to support Investors Exchange LLC in its bid to keep a new options exchange alive, telling the Eleventh Circuit that the exchange will create more competition to the benefit of investors.
-
February 09, 2026
Crypto Investor's $16M Case Ousted From Chancery
The Delaware Chancery Court on Monday dismissed a cryptocurrency investor's lawsuit accusing a group of crypto entities and insiders of engineering a $16 million "pump and dump" scheme, ruling the claims were not properly brought in equity and belong, if anywhere, in the Delaware Superior Court instead.
-
February 09, 2026
Catching Up With Delaware's Chancery Court
Delaware's chancellor has rejected a bid for dismissal of a derivative suit accusing Coinbase Global Inc. insiders of massively unloading shares ahead of a steep stock drop, stressing a special litigation committee's failure to meet independence standards.
-
February 09, 2026
Tool Co. Can't Escape Workers' 401(k) Forfeiture Suit
An Illinois tool manufacturer lost a bid to toss a proposed class action alleging it mismanaged an employee 401(k) plan, after a federal judge held Monday that workers stated a claim under federal benefits law by asserting the company disloyally spent forfeitures on employer-side contributions instead of plan expenses.
-
February 09, 2026
Deutsche Bank Escapes FDIC's RMBS Underwriter Claims
A brokerage and investment banking arm of Deutsche Bank ducked a lawsuit the Federal Deposit Insurance Corp. had brought against it over investment losses suffered by now-failed Citizens National Bank, after a New York federal judge determined Monday it did not have a relevant role in underwriting residential mortgage-backed securities Citizens bought more than two decades ago.
-
February 09, 2026
Coal Exec Knew Egyptian Broker Paid Bribes, Jury Told
A former coal executive knew his Egyptian broker was passing along part of his commissions as bribes in exchange for $143 million in contracts, according to prosecutors' opening arguments Monday in his Pennsylvania jury trial for allegedly violating the Foreign Corrupt Practices Act — while his attorneys said he was simply in the dark.
-
February 09, 2026
Fried Frank Hires Pillsbury M&A, PE Head
Fried Frank Harris Shriver & Jacobson LLP announced Monday that it has hired the former head of Pillsbury Winthrop Shaw Pittman LLP's mergers and acquisitions and private equity practices, touting his transactional experience across a wide range of industries.
-
February 06, 2026
SEC Seeks To Enforce $27M Order In NFL, NBA Player Fraud
The U.S. Securities and Exchange Commission has asked a Washington, D.C., federal judge to order a broker-dealer and its sole director to comply with a 2015 commission order requiring them to pay over $27 million in disgorgement and other fines that stemmed from allegations that they ran a Ponzi scheme that swindled NFL and NBA clients out of $12 million.
-
February 06, 2026
SpaceX Investing Co. Sued In Del. Over Unlaunched Reports
A fund that pumped $10 million into a company formed in 2022 with the sole purpose of investing in SpaceX sued Friday in Delaware's Court of Chancery for breach of contract, citing repeated failures to deliver required financial reports and observing that past demands have been met with documents stamped "Draft."
-
February 06, 2026
'Very Bizarre': Trump's Funding Freeze Appeal Vexes DC Circ.
D.C. Circuit judges struggled Friday with whether to unblock a federal funding freeze carrying multitrillion-dollar implications, as a Trump administration lawyer disclaimed interest in a vast spending halt but also dodged opportunities to rule it out unequivocally.
-
February 06, 2026
NJ Judge Tosses Pacira Investor Suit Over Patent Loss
A New Jersey federal judge on Friday threw out an investor lawsuit against Pacira BioSciences Inc. after a court invalidated a patent for its key pain management drug, ruling that the pharmaceutical company was not required to disclose litigation setbacks it encountered before the final ruling.
-
February 06, 2026
Chinese News App Beats Investor Suit Over Ad Revenue
Chinese news aggregation app Qutoutiao Inc. and its underwriters have beaten a consolidated investor class action accusing the company of illicit advertising activity following its initial public offering, after a New York federal judge found that the plaintiff does not have standing on all the asserted claims.
-
February 06, 2026
Fla. Real Estate Developer Looks To Escape PE Fraud Suit
A real estate developer urged a Florida federal court on Thursday to toss a lawsuit brought by former private equity business partners alleging at least $25 million fraud, saying the complaint is a "hodgepodge of mutually exclusive theories" that claim ownership and divestment of several investment companies at the same time.
-
February 06, 2026
Kalshi Says CFTC Backs Sports Bets Without Tribal Regs
Prediction market platform Kalshi has told a Wisconsin federal court that the U.S. Commodity Futures Trading Commission's chair has thrown his support behind the agency's view that it has exclusive jurisdiction over the event contracts at issue in a Native American tribe's case against the company.
-
February 06, 2026
Brooklyn Adviser Settles SEC's $4.1M Affinity Fraud Claims
A Brooklyn investment adviser has reached a settlement with the U.S. Securities and Exchange Commission to settle claims that he defrauded fellow members of his Russian American Jewish community out of at least $4.1 million, including inherited Holocaust restitution funds.
-
February 06, 2026
Linqto Gets OK For Ch. 11 Plan With Stock Deal
A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.
-
February 06, 2026
MeridianLink Sued In Del. For Share Price In $2B Acquisition
Two institutional stockholders of financial software platform venture MeridianLink sued on Friday for a Delaware Court of Chancery valuation of their shares at the time of the company's $2 billion, Aug. 11, 2025, acquisition by a merger affiliate of Centerbridge Partners LP.
-
February 06, 2026
CFTC Updates Crypto Collateral Letter For Bank Stablecoins
The U.S. Commodity Futures Trading Commission on Friday tweaked an earlier no-action letter on the use of tokenized collateral to clarify that stablecoins issued by national trust banks are among the list of approved digital assets.
-
February 06, 2026
SEC Alleges Pharma Co. Misled Investors About Cancer Drug
The U.S. Securities and Exchange Commission is suing a Kentucky pharmaceutical company for securities fraud based on claims that the company raised $4.1 million by lying to investors about the status of its cancer treatment drug.
-
February 06, 2026
Kalshi Given 30 Days To End New Sports Wagers In Mass.
A Massachusetts state court on Friday gave Kalshi 30 days to comply with a preliminary injunction barring the prediction market from offering new sports-related event contracts to state residents, denying a request for a stay pending an anticipated appeal.
Expert Analysis
-
How Selig May Approach CFTC Agricultural Enforcement
As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.
-
How 3 CFTC Letters Overhauled Digital Asset Guidance
The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.
-
NYC Bar Opinion Warns Attys On Use Of AI Recording Tools
Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.
-
Series
The Biz Court Digest: Dispatches From Utah's Newest Court
While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.
-
4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
-
Series
Playing Tennis Makes Me A Better Lawyer
An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.
-
OCC Rulemaking May Clear Haze Around Trust Banks' Scope
A recent Office of the Comptroller of the Currency proposal at last eliminates uncertainty around whether national trust banks can engage in nonfiduciary activities, but it does not address which activities are permissible or whether a minimum amount of fiduciary activity is required, say attorneys at Davis Polk.
-
Justices' BDO Denial May Allow For Increased Auditor Liability
The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.
-
NY Securities Class Action Ruling Holds Rare Timing Insights
A New York federal court's recent decision in Leone v. ASP Isotopes adopted the unusual posture of simultaneously denying a motion to dismiss and certifying claims to proceed as a class action, and its unique scheduling carries certain procedural and substantive implications, say attorneys at Labaton Keller.
-
And Now A Word From The Panel: MDL Year In Review
2025 was a roller coaster for the Judicial Panel on Multidistrict Litigation, with the panel canceling one hearing session due to the absence of new MDL petitions, yet also issuing rulings on more new MDL petitions than in 2024 — making it clear that MDLs are still thriving, says Alan Rothman at Sidley Austin.
-
Digital Assets May Be In For A Growth Spurt In 2026
All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.
-
Series
Judges On AI: How Judicial Use Informs Guardrails
U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.
-
Navigating Battery Validation Risk In The EV Supply Chain
Vehicle electrification has moved battery system supply chains from a background component into the center of the automotive universe — and for legal teams, battery validation is now a driver of contractual disputes, regulatory exposure and even shareholder litigation, say Samuel Madden at Secretariat Advisors and Vanessa Miller at Foley & Lardner.
-
Cybersecurity Must Remain Financial Sector's Focus In 2026
In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.
-
2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto
Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.