Securities

  • December 10, 2025

    Capital One, Influencers Seek OK For Commissions Deal

    Financial services giant Capital One has pledged to pay influencers commissions, plus up to nearly $4 million in attorney fees and costs, and make changes to its online shopping browser extension to settle claims that it siphoned commissions away from influencer participants in its affiliate marketing program.

  • December 10, 2025

    Regulate AI With Existing Regs, Financial Industry Lobby Says

    The Financial Services Institute on Wednesday recommended that regulators apply existing rules and standards to artificial intelligence, saying they should use new rules only when AI brings "genuinely new issues or significantly alters existing risks."

  • December 10, 2025

    Court Asks If Morgan Stanley Liable In Alleged $250M Scheme

    A Texas appellate court pressed a company to explain how it seeks to hold Morgan Stanley accountable for an executive's alleged kickback scheme involving $250 million in mineral interests, asking Wednesday how the bank bears responsibility if it didn't take part in the underlying contract.

  • December 10, 2025

    NJ Law Firm Accused Of Botching Investor Fraud Recovery

    New Jersey firm Beattie Padovano LLC has been sued in state court by a man accusing it of legal malpractice that led to his inability to reclaim nearly $800,000 he says he lost in an investor fraud scheme perpetrated by former frequent CNBC guest James Arthur McDonald Jr.

  • December 10, 2025

    Justices Chew Over 'Close' Case On Fund Contract Disputes

    The U.S. Supreme Court on Wednesday waffled over whether there was a private right to sue to void contracts that allegedly violate the Investment Company Act, with Justice Brett Kavanaugh saying that a decision on the case involving an activist investor's voting rights would be "extremely close."

  • December 10, 2025

    Magistrate Backs FinCEN Rules In All-Cash Real Estate Deals

    A magistrate judge in Florida federal court rejected arguments from a title insurance company in upholding a U.S. Department of Treasury rule establishing new reporting requirements for all-cash residential real estate transactions as a means of combating financial crime.

  • December 10, 2025

    OCC Review Flags Big Banks For Debanking Policies

    A top U.S. banking regulator said Wednesday that some of the nation's largest banks improperly restricted services to industries including adult entertainment and oil drilling, according to preliminary findings from a White House-commissioned debanking review.

  • December 09, 2025

    OCC Says Banks Can Transact In Crypto As Intermediaries

    The Office of the Comptroller of the Currency said Tuesday that banks under its oversight may buy and sell digital assets for customers as "riskless principals," clearing this broker-stye activity as an extension of established banking practices.

  • December 09, 2025

    Ad Analytics Co.'s Brass Face Investor Suit Over Bot Traffic

    Current and former officers and directors of digital advertisement measurement services DoubleVerify Holdings Inc. kept the company from disclosing artificial intelligence-driven industry shifts that hurt its bottom line, including the company's own failures to detect increasingly sophisticated bot traffic, a shareholder derivative action alleges.

  • December 09, 2025

    Tyson Seeks Del. Toss Of Suit For Poultry Growing Docs

    An attorney for a Tyson Foods Inc. stockholder told a Delaware magistrate in Chancery on Monday that records and sources spanning years support allegations of mismanagement and animal abuse and cruelty in poultry production, justifying wider document access.

  • December 09, 2025

    Conn. Barred From Taking Action Against Kalshi For Now

    A Connecticut federal judge has ordered the state to refrain from taking enforcement action against KalshiEX LLC, while the derivatives exchange's preliminary injunction motion is pending, in a suit seeking to prevent the Connecticut Department of Consumer Protection from directing Kalshi to cease operations within the state.

  • December 09, 2025

    AmTrust Says Insurer Must Cover Securities Suit Losses

    A British insurance company wrongfully denied excess directors and officers coverage for underlying securities fraud litigation, AmTrust says in a suit filed in New York federal court Monday, saying the insurer must provide coverage since its primary policy and other excess policies have already been exhausted.

  • December 09, 2025

    Mobile Game Maker, Investors Get Final OK For $6.5M Deal

    Mobile game developer Playstudios Inc. and its investors have gotten a final nod for their $6.5 million settlement of claims the company failed to disclose issues with a game it projected would be lucrative as it prepared to go public via merger with a special purpose acquisition company.

  • December 09, 2025

    FINRA Flags GenAI Risks In Annual Oversight Report

    The Financial Industry Regulatory Authority said in a Tuesday report that firms "may want to consider" developing supervisory processes covering generative AI at an enterprise level, as well as steps to mitigate associated risks such as inaccuracy and bias.

  • December 09, 2025

    Ex-Oil Trader Gets 15 Months, Avoids FCPA Forfeiture For Now

    A former Connecticut oil trader convicted of violating the Foreign Corrupt Practices Act by laundering money and bribing officials at Brazilian oil giant Petróleo Brasileiro SA on Tuesday was sentenced to 15 months behind bars plus a $300,000 fine, avoiding for now a potential $7.8 million forfeiture order.

  • December 09, 2025

    Cummins Investors Ink $1.6M Deal Over Emissions Fraud Suit

    Engine manufacturer Cummins Inc. and its investors asked an Indiana federal court to approve a $1.6 million deal that will end claims that the company hurt investors by hiding emissions control devices in certain engines, causing it to owe $2 billion in payments to regulators to settle Clean Air Act claims.

  • December 09, 2025

    FTX Customers Seek Final OK For $10M Deal With Silvergate

    Customers of failed crypto exchange FTX asked a California federal judge to give final approval to a $10 million settlement resolving claims that Silvergate Bank and its parent company enabled the multibillion-dollar FTX fraud, saying the deal represents the best, and likely only, meaningful recovery available from the now-bankrupt lender.

  • December 09, 2025

    Starbucks Loses Bid For Second Look At 'Triple Shot' Ruling

    Starbucks can't get a Seattle federal judge to revise his order allowing a proposed investor class action over its "Triple Shot" reinvention plan to proceed, with the judge saying a recent Ninth Circuit decision on an investor suit over an ad slogan does not change his position.

  • December 09, 2025

    Del. Justices Uphold Contract Bar On CityMD Merger Claims

    The Delaware Supreme Court Tuesday affirmed the Chancery Court's dismissal of minority investors' claims tied to the 2023 merger of urgent care operator CityMD and Summit Health with Walgreens-controlled VillageMD, siding with private equity group Warburg Pincus and holding that the dispute is governed by contract rather than fiduciary-duty principles.

  • December 09, 2025

    Medical Appliance Co. Seeks Coverage For SEC Investigation

    A Connecticut-based medical device technology company told a federal court that its insurer wrongfully denied coverage for an investigation by the Securities and Exchange Commission, alleging in a new lawsuit that the federal government's inquiry into the company's insured members triggered its directors and officers policy. 

  • December 09, 2025

    Tribes, Gaming Groups Challenge Kalshi's NY Gaming Lawsuit

    A slew of tribal gaming associations are backing the New York State Gaming Commission in a dispute with Kalshi over state gaming laws, arguing that the trading platform has unfairly entered the market to the detriment of Indigenous nations' revenue and bargained compacts.

  • December 09, 2025

    Sens. Eye Final Stretch To Wrap Crypto Market Structure Bill

    Sen. Cynthia Lummis, R-Wyo., said Tuesday that she's hoping to share a draft of a crypto market structure bill by the end of the week, but she may have to "cajole the White House" on ethics language and the appointment of Democrats to federal derivatives and securities agencies to get the bill across the finish line.

  • December 08, 2025

    OCC's Gould Responds To Crypto Trust Charter Concerns

    The head of the Office of the Comptroller of the Currency on Monday expressed skepticism of banking industry concerns surrounding cryptocurrency trust charter applications, asserting in a speech that "innovation, competition, and fair access should always triumph over regulatory stagnation."

  • December 08, 2025

    Trump SPAC's Ex-CEO Seeks $50K Daily Sanctions In Fee Row

    A former CEO of Donald Trump-tied blank check company Digital World Acquisition Corp. has urged the Delaware Chancery Court to impose a $50,000-per-day sanction against the company for allegedly "throwing a tantrum" and refusing to pay roughly $2 million of a $2.9 million and growing legal fee advancement order in connection with litigation in Florida.

  • December 08, 2025

    Uranium Tech Investors Get Class Cert., Beat Dismissal Bid

    Investors in uranium enrichment company ASP Isotopes Inc. have secured class certification and defeated most of the company's dismissal arguments in a suit claiming ASPI misrepresented the capabilities of its "Quantum Enrichment" technology, which led to a stock price drop when the truth was revealed.

Expert Analysis

  • 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.

  • Why EpicentRx Ruling Is A Major Win For Business Certainty

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    The California Supreme Court's recent decision in EpicentRx v. Superior Court removes a significant source of uncertainty that plagued commercial litigation in California by clarifying that forum selection clauses shouldn't be invalidated solely because the selected forum lacks the right to a jury trial, say attorneys at Clark Hill.

  • How Sustainability Reporting Changed In The 1st Half Of 2025

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    Sustainability reporting is evolving rapidly, with fewer S&P 500 companies publishing reports in the first half of 2025 than in the same period last year, suggesting that companies are becoming more selective and intentional about their reporting, say analysts at Orrick.

  • 9th Circ. Finding That NFTs Are Goods Will Change TM Law

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    The Ninth Circuit's recent ruling in Yuga Labs v. Ripps establishes that NFTs have real, commercial value under U.S. federal trademark law, a new legal precedent that may significantly influence intellectual property enforcement and marketplace policies regarding digital assets going forward, say attorneys at Wilson Elser.

  • Series

    Adapting To Private Practice: From Texas AUSA To BigLaw

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    As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.

  • Lessons From Liberty Mutual FCPA Declination

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    Liberty Mutual’s recent Foreign Corrupt Practices Act resolution with the U.S. Department of Justice signals that the Trump administration is once again considering such declinations after an enforcement pause, offering some assurances for companies regarding the benefits of voluntary self-disclosure, say attorneys at Paul Weiss.

  • 3 Rulings Show Hurdles To Proving Market Manipulation Fraud

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    Three recent conviction reversals from New York federal courts highlight the challenges that prosecutors face in establishing fraud and market manipulation allegations, suggesting that courts are increasingly reluctant to find criminal liability when novel theories are advanced, say attorneys at WilmerHale.

  • Drafting M&A Docs After Delaware Corp. Law Amendments

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    Attorneys at Greenberg Traurig discuss how the March and June amendments to the Delaware General Corporation Law affect the drafting of corporate and M&A documents, including board resolutions, governing documents, and books and records demands.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.

  • Untangling 'Debanking' Exec Order And Ensuing Challenges

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    President Donald Trump's recent executive order on the practice of closing or refusing to open accounts for high-risk customers has heightened scrutiny on "debanking," but practical steps can help financial institutions reduce the likelihood of becoming involved in investigations, say attorneys at Winston & Strawn.

  • Patterns And Trends In Publicly Filed Insider Trading Policies

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    An assessment of insider trading policies filed by over 60 issuers reveals a range of common approaches and a few differences with respect to key policy terms, including the parties covered, the scope of prohibited activities and the exceptions to these prohibitions, say attorneys at Debevoise.

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