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Securities
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February 02, 2026
Catching Up With Delaware's Chancery Court
A pair of new high-dollar suits in Delaware's Court of Chancery showed last week that post-deal stock appraisal suits still have legs, despite some efforts to reduce potential from deal-price gains challenges. The week ended with Delaware's justices nipping $100 million from the attorney fees owed by Tesla CEO Elon Musk from $176.2 million to roughly $70.9 million, rejecting part of a Court of Chancery fee calculation.
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February 02, 2026
Jury Finds Real Estate Co. Founder Liable In SEC Fraud Case
A Colorado jury sided with the U.S. Securities and Exchange Commission in its $49.5 million investment fraud suit against the founder of a real estate investment company.
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February 02, 2026
Fenwick Reaches Deal In FTX Crypto Scam Suit
Fenwick & West LLP and victims of the infamous FTX Trading Ltd. cryptocurrency scam are working toward a settlement in a case over the firm's alleged role in the trading platform's collapse.
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February 02, 2026
DLA Piper Adds Ex-Cooley Atty To Lead N. Calif. Practice
DLA Piper announced Monday that it has added the former global chair of Cooley LLP's digital health group to lead its Northern California corporate and securities practice and bolster its capacity to advise life sciences and technology companies on transactions and other matters.
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February 02, 2026
Fla. Financial Adviser Gets 20 Years For $94M Fraud
A Florida federal judge Monday sentenced a financial adviser to 20 years in prison after he pled guilty to orchestrating a Ponzi-like scheme that defrauded $94 million from victims, including the elderly and Catholic priests in Venezuela.
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February 02, 2026
Oil Trader Wants Prison Date Delayed Over $1.7M Forfeiture
A Connecticut oil trader convicted of violating the Foreign Corrupt Practices Act has asked to postpone his date to report to prison by two months, saying he "needs additional time to put his financial affairs in order" so he can pay a $1.7 million forfeiture plus an additional $300,000 fine.
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February 02, 2026
Former SEC Division Co-Chief Counsel Joins K&L Gates In DC
A longtime U.S. Securities and Exchange Commission attorney has made the jump to private practice, joining K&L Gates in Washington, D.C., the firm said Monday.
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February 02, 2026
Chancery Keeps Coinbase Insider Trading Suit Alive
The Delaware Chancery Court has refused to shut down a stockholder derivative suit accusing Coinbase Global Inc. insiders of reaping billions by selling shares ahead of a steep stock drop, concluding that the company's special litigation committee failed to meet Delaware's exacting independence standards.
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January 30, 2026
Tesla Gets Del. Justices To Cut $100M From Investor Atty Fees
The Delaware Supreme Court on Friday handed Tesla a win, reducing by roughly $100 million the attorney fees awarded to shareholder counsel as part of an excessive director compensation suit settlement, rejecting the lower court's fee calculation.
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January 30, 2026
3rd Circ. Backs 'Modern Icarus' Conviction, Cuts Restitution
The Third Circuit affirmed Friday the fraud and identify theft conviction of a former clean-energy company CEO who characterized himself as a "modern Icarus" in his appeal, but held that the lower court wrongly ordered him to pay $100,000 in victims' attorney fees in addition to $1.1 million in restitution.
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January 30, 2026
SEC Walks Away From Biden-Era Construction Fraud Case
Greenberg Traurig LLP celebrated a legal victory on Friday as the U.S. Securities and Exchange Commission abandoned its securities fraud claims against their client, a former construction executive, with a firm leader telling Law360 that a meeting with top SEC staff last year marked a turning point in their favor.
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January 30, 2026
Investor Opens Pair Of Hefty Share Appraisal Suits In Del.
Two postdeal share appraisal suits centering on pro football's Hall of Fame and a major broadband service provider that recently sold for $1.5 billion landed in Delaware's Court of Chancery on Friday, both led by Quadre Investments managing partner Matthew Q. Giffuni.
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January 30, 2026
5th Circ. Gives Lumen Investors Another Shot In Lead Suit
The Fifth Circuit determined Friday that a group of shareholders should get another chance to amend their proposed class action accusing Lumen Technologies Inc. of not disclosing potential liabilities related to its lead-wrapped cables, saying the lower court did not sufficiently explain why it would not allow them to amend their suit after dismissing it.
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January 30, 2026
SEC Appoints New PCAOB Chair, Board Members
A new chairman and three new board members have been appointed to the Public Company Accounting Oversight Board, according to an announcement from the U.S. Securities and Exchange Commission on Friday.
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January 30, 2026
Short Seller Seeks Exit From Blockchain Co.'s Defamation Suit
A short seller claimed an Illinois federal court lacks both subject-matter and personal jurisdiction to hear a defamation suit brought by a blockchain-focused artificial intelligence firm, saying the suit should be tossed because the parties and the allegations in the case have no meaningful connection to Illinois.
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January 30, 2026
Startup Founder Ran $37M 'Ponzi-Like' Scheme, SEC Says
A Silicon Valley software startup owner faces U.S. Securities and Exchange Commission claims he defrauded at least 100 would-be investors as he raised $37 million, using their money to cover his and his company's expenses in a Ponzi-like scheme.
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January 30, 2026
Wash. Plaintiffs Fight NY Transfer Request In REIT Merger Suit
A proposed class of investors urged a judge to keep their securities case over a merger between two real estate investment trusts in Washington federal court instead of granting the defendants' request to transfer the case to New York federal court.
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January 30, 2026
The Message From Delaware Courts: Change Is Coming
Delaware's Supreme Court delivered a reminder to the state's corporation law ecosystem recently with a reversal of a Court of Chancery decision invalidating a 7-year-old stockholder agreement that granted broad corporate powers to investment bank Moelis & Co.'s founder.
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January 30, 2026
SelectQuote Execs Face Investor Suit Over Kickback Probe
Executives and directors of insurance comparison platform SelectQuote were hit with a shareholder's derivative suit accusing them of concealing a kickback scheme currently subject of a False Claims Act suit by the U.S. Department of Justice.
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January 30, 2026
Robbins Geller To Lead Dow Investors' Tariff-Impact Suit
Robbins Geller Rudman & Dowd LLP will lead a proposed class of investors accusing raw materials supplier Dow Chemical Co. of overstating its ability to withstand economic uncertainty related to tariffs, according to an order signed Friday by a Michigan federal judge.
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January 30, 2026
Ex-TD Bank Employee Cops To Helping Launder Drug Money
A former TD Bank NA employee who worked in Florida has pleaded guilty to accepting bribes and assisting in a money laundering scheme that illicitly sent millions of dollars in narcotics proceeds from the United States to Colombia while employed by the bank.
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January 30, 2026
Food Co. Investor Sues For Board Meeting Amid Control Feud
A shareholder of family-controlled, California-based food dehydration company Basic American Inc. sued in Delaware's Court of Chancery to compel an annual meeting of the business, alleging conflicted moves to delay a board vote and noting disagreements among family groups.
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January 30, 2026
Warsh Clinches Trump's Nomination For Fed Chair
President Donald Trump is nominating former Federal Reserve Gov. Kevin Warsh to lead the central bank as its next chairman, elevating a critic of the Fed's leadership as the White House pushes against its traditional independence.
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January 29, 2026
Ex-Morgan Stanley Adviser Conned NBA Players, Jury Hears
A Manhattan federal prosecutor Thursday told jurors that a former Morgan Stanley adviser defrauded three NBA players out of millions of dollars through investments in wildly marked up life insurance policies, while defense counsel said the case was built on lies by a former client.
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January 29, 2026
Robbins Geller To Lead CarMax Investors' Tariffs-Linked Suit
Robbins Geller Rudman & Dowd LLP will represent a proposed class of CarMax Inc. investors in a suit accusing the used car retailer of mischaracterizing a bump in sales caused by consumers trying to get ahead of the Trump administration's tariffs as a sign of sustainable growth.
Expert Analysis
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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The SEC Whistleblower Program A Year Into 2nd Trump Admin
The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.
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Key Crypto Class Action Trends And Rulings In 2025
As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.
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How New SEC Policies Shift Shareholder Proposal Landscape
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent remarks provide a road map for public companies to exclude nonbinding shareholder proposals from proxy materials, which would disrupt the mechanism that has traditionally defined how shareholders and companies engage on governance matters, say attorneys at Gunderson.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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Identifying And Resolving Conflicts Among Class Members
As the Fifth Circuit's recent decision in Nova Scotia Health Employees' Pension Plan v. McDermott International illustrates, intraclass conflicts can determine the fate of a class action — and such conflicts can be surprisingly difficult to identify, says Andrew Faisman, a clerk at the U.S. District Court for the Southern District of New York.
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What Law Firm Liability Risks In 2025 Signal For Year To Come
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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What US Can Learn From Brazil's Securities Arbitration Model
To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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How Bank-Fintech Partnerships Changed In 2025
The 2025 transition to the Trump administration, augmented by the reversal of Chevron deference in 2024, has resulted in unprecedented shifts, and bank-fintech partnerships are no exception, with key changes affecting a number of areas including charters, regulatory oversight and anti-money laundering, say attorneys at K&L Gates.
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2 Early Settlement Alternatives In Federal Securities Litigation
Most class actions brought under the federal securities laws are either settled or won by the defendants following a motion to dismiss, but two alternative strategies have the potential to lower discovery costs and allow defendants to obtain judgment without the uncertainty of jury trials on complex matters, says Richard Zelichov at DLA Piper.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.