Securities

  • March 10, 2026

    Polymarket Loses Bid To Block Mich. Gambling Enforcement

    There's "no logical way" to view Polymarket's event contracts — which allow people to profit or lose on sports-related outcomes — as financial "swaps" as defined in the Commodity Exchange Act, a federal judge said Tuesday, denying the company's request to temporarily block Michigan officials from imposing state gambling laws.

  • March 10, 2026

    Smartmatic Moves To Toss 'Vindictive' FCPA Prosecution

    Smartmatic urged a Florida federal judge Tuesday to toss charges against it in the U.S. Department of Justice's case accusing former company executives of bribing a Filipino official to secure contracts, slamming the superseding indictment as part of a "crusade to unconstitutionally target" President Donald Trump's perceived political enemies.

  • March 10, 2026

    Dem Says 'Compromise' Can Thread Stablecoin Yield Needle

    A key U.S. Senate Democrat called Tuesday for closing what bankers say is a stablecoin interest "loophole" that could siphon deposits from traditional lenders, stressing that compromise may be needed to avoid letting the "perfect be the enemy of good."

  • March 10, 2026

    Texas Crypto Exec Seeks To Vacate $141M Wyoming Judgment

    A cryptocurrency executive is asking the Texas Business Court to vacate a $141 million Wyoming state court default judgment tied to an investment deal that is part of separate litigation from the U.S. Securities and Exchange Commission, according to a notice of removal.

  • March 10, 2026

    Roblox Investors Aim To Preserve Claims As Clock Runs Down

    Funds invested in immersive gaming platform Roblox are asking to intervene in a proposed class action alleging the company understated the likelihood of a post-COVID lockdown user revenue slump, saying the clock was running out for bringing certain claims while the judge weighs dismissing the suit.

  • March 10, 2026

    Calif. Atty Gets Over 11 Years For Solar $1B Ponzi Scheme

    A California federal judge has sentenced a corporate attorney to 11 years and five months behind bars after he pled guilty to nearly two dozen charges for his role in DC Solar's $912 million Ponzi scheme, which duped major investors including Berkshire Hathaway, Progressive and SunTrust Equipment Finance & Leasing.

  • March 10, 2026

    DOJ Unveils Superseding Policy For Corporate Criminal Cases

    The U.S. Department of Justice on Tuesday released its first-ever, department-wide, corporate enforcement policy for criminal matters, outlining how it will decline to prosecute companies that voluntarily disclose misconduct, cooperate with investigators and remediate wrongdoing.

  • March 10, 2026

    Mining Co. Can't Decertify Class In Dam Collapse Suit

    A New York federal judge on Tuesday rejected Vale SA's bid to decertify a class of investors in a suit accusing the Brazilian mining giant and its executives of concealing safety problems at its Brumadinho dam in the lead-up to a deadly collapse there, finding unconvincing Vale's new expert report showing that its securities were traded in inefficient markets.

  • March 10, 2026

    Iowa Defends 5th Circ. Appeal Of Schwab Antitrust Settlement

    Iowa's attorney general told the Fifth Circuit that its appeal of a Texas federal judge's final approval of a settlement ending an antitrust class action over The Charles Schwab Corp.'s merger with TD Ameritrade is proper, arguing the state's duty to protect consumers allows it to challenge the deal.

  • March 10, 2026

    Anthropic Asks Judge To Block DOD's Security Risk Label

    Anthropic has urged a California federal judge to block the Trump administration from enforcing an order designating the artificial intelligence company a supply chain risk to national security, arguing the government has retaliated against Anthropic for its constitutionally protected speech.

  • March 10, 2026

    Insurers Can't Resume Investor Fight In $220M Coverage Row

    A Texas appellate court Tuesday rejected two insurance companies' bid to stop a group of shareholders of now-bankrupt Cobalt International Energy from pursuing claims on behalf of thousands of other investors, stymieing the carriers' attempts to curtail a fight over coverage of a $220 million securities settlement.

  • March 10, 2026

    Robinhood Wants Mich. Gambling Law Enforcement Blocked

    Robinhood Derivatives LLC has asked a Michigan federal judge to block the state from enforcing gaming laws against it, arguing that federal statutes give the Commodity Futures Trading Commission jurisdiction over sports-related event contracts.

  • March 10, 2026

    ExxonMobil Plans Move To Texas, Citing Biz-Friendly Milieu

    ExxonMobil Corp. is the latest company to eye Texas as its new legal home, telling shareholders Tuesday that the Lone Star State's newly created business court and pro-business policies are good reasons to end its longtime run in New Jersey.

  • March 10, 2026

    Semiconductor Co. Says Key Witness Now Disputes Claims

    STMicroelectronics has asked a New York federal judge to reconsider his earlier decision allowing an investor securities fraud suit to move forward, saying the ruling relied on statements from a former executive who now says the allegations attributed to him in the suit are false.

  • March 10, 2026

    Feds Want October Retrial For Tornado Cash Founder

    Federal prosecutors have requested an October retrial for the alleged operator of the Tornado Cash crypto mixer in a letter that told the Manhattan federal court the government intends to take another crack at bringing money laundering and sanctions charges that deadlocked a jury in August.

  • March 10, 2026

    Chancery Won't Block Precious Metals Deal In Earnout Fight

    The Delaware Chancery Court on Tuesday refused to temporarily block a planned acquisition by Bullion International Group LLC, a precious metals company formed in a 2023 merger between online gold retailer APMEX and global refiner MKS PAMP Group Inc., ruling that the dispute over potential earnout payments can be addressed through money damages rather than emergency injunctive relief.

  • March 10, 2026

    Mayer Brown Adds 6 McGuireWoods Attys In Houston, DC

    Mayer Brown announced Tuesday that it has hired six attorneys from McGuireWoods LLP for its litigation and dispute resolution and corporate and securities practices, including the former office managing partner of that firm's Houston office.

  • March 10, 2026

    Genworth Unravels 401(k) Fund Suit Class Cert. At 4th Circ.

    The Fourth Circuit on Tuesday reversed class certification for Genworth Financial Inc. employee 401(k) participants who alleged that their retirement savings were dragged down by underperforming BlackRock Inc. target date funds, holding that individual plan participants' investment performance was too varied for the court to sign off on their claims as a group.

  • March 10, 2026

    Atkins Promises End To 'Duplicative' SEC-CFTC Enforcement

    The U.S. Securities and Exchange Commission is in the process of updating its protocols for coordinating enforcement efforts with the Commodity Futures Trading Commission with an eye toward ending "duplicative enforcement actions," SEC Chair Paul Atkins said Tuesday.

  • March 09, 2026

    Musk's Team Warned 'WWIII' Over Twitter Deal, Atty Testifies

    After Twitter sued Elon Musk for terminating his $44 billion deal to buy the social media platform, Musk's legal team said their client would launch "World War III" against the company's board if forced to go through with the transaction, a Wilson Sonsini lawyer who led the deal for Twitter told a California federal jury Monday.

  • March 09, 2026

    Edison Dodges Investors' Wildfire Mitigation Suit, For Now

    A California federal judge tossed a proposed class action alleging the parent company of Southern California Edison misled investors about the effectiveness of the public utility company's wildfire-mitigation measures in the lead-up to last January's devastating fires north of Los Angeles, but allowed investors to rework part of the suit.

  • March 09, 2026

    Ohio Judge Won't Shield Kalshi's Sports Contracts

    An Ohio federal judge declined to block Kalshi's sports event contracts from state gambling regulators' scrutiny in a Monday order that found the wagers don't appear to be swaps under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission.

  • March 09, 2026

    Trump Media Investor's Venue Bid Rejected By Fla. High Court

    Florida's Supreme Court on Monday rejected a petition for review brought by an investor in President Donald Trump's Truth Social platform who challenged an order denying his motion to toss or transfer the company's lawsuit against him after he claimed it was filed in the wrong jurisdiction. 

  • March 09, 2026

    Pump.Fun Seeks Dismissal Of Meme Coin Buyers' Suit

    Meme coin launchpad Pump.fun, its officers and related blockchain projects asked a New York federal judge to dismiss users' latest complaint, which added racketeering allegations and accused the defendants of operating an illegal digital casino, arguing it fails to establish jurisdiction or demonstrate the tokens at issue are securities.

  • March 09, 2026

    2nd Circ. Says COVID Policy Saves Argentine Creditors' Case

    The Second Circuit on Monday revived a $5.5 million contractual dispute against Argentina, ruling that a New York state COVID-19 policy saved some bondholder claims from being time-barred.

Expert Analysis

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • Regulatory Rollback And Lingering Limbo: The CFPB In 2025

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    The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.

  • 2025 Calif. Banking Oversight Centered On Consumer Issues

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    The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

  • The Major Securities Litigation Rulings And Trends Of 2025

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    The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

  • The CFTC's Road Ahead Under Newly Confirmed Chair

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    Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26

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    With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.

  • Changes In Crypto, Cybersecurity Defined NY Banking In 2025

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    The major takeaways from 2025 in New York banking policy involve updated guidance, regulations and requirements primarily affecting innovation and digital banking, in areas such as cybersecurity, virtual currencies, and buy now, pay later programs, say attorneys at Steptoe.

  • Del. Dispatch: Key 2025 Corporate Cases And Trends To Know

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    The Delaware corporate legal landscape saw notable changes in 2025, spurred by amendments to the Delaware General Corporation Law, ubiquitous artificial intelligence fervor, boardroom discussion around DExit, record shareholder activism activity and an arguably more expansive view of potential Caremark liability, say attorneys at Fried Frank.

  • Series

    Nature Photography Makes Me A Better Lawyer

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    Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

  • 2025 Brought A New Paradigm For Federal Banking Regulation

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    A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

  • Series

    Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Crypto In 2025: From Federal Deregulation To State Action

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    The cryptocurrency enforcement landscape evolved in 2025, marked by federal deregulatory trends and active state attorney general enforcement, creating both opportunity and risk for businesses navigating the digital asset market, say attorneys at Cozen O'Connor.

  • How CFTC Enforcement Shifted In 2025 And What's Next

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    The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.

  • Opinion

    A Uniform Federal Rule Would Curb Gen AI Missteps In Court

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    To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.

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