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Securities
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February 24, 2026
SEC Lays Out New Enforcement Vision In Revised Guidelines
The U.S. Securities and Exchange Commission on Tuesday updated its enforcement manual for the first time in eight years, saying that the changes were part of an effort to build a fairer and more transparent investigative process.
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February 24, 2026
Feds' White Collar Crime Enforcement 'Retreat' Raises Alarms
Money laundering-related fines and tax fraud investigations plummeted last year as President Donald Trump shifted federal agents away from combating financial crime to focus on the immigration crackdown, according to recent reports that have raised alarms among experts about the state of white collar enforcement in the U.S.
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February 24, 2026
Terraform Says Jane Street 'Insider Trading' Led To Ch. 11
The administrator for bankrupt cryptocurrency company Terraform Labs has sued trading firm Jane Street in New York federal court over what Terraform says was an insider trading scheme to "front-run trading that hastened the collapse of Terraform."
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February 24, 2026
Banking Groups Say Reg Tweaks Would Bolster Home Loans
A coalition of banking trade groups and related entities urged federal regulators to adopt revisions to bank capital requirements, including adopting a more granular approach to residential mortgage loan risk weighting, to encourage banks' reentry into mortgage lending.
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February 24, 2026
WisdomTree Gets SEC Nod For 24/7 Trading Of Digital Fund
The U.S. Securities and Exchange Commission gave WisdomTree the green light to offer round-the-clock trading and settlement for its tokenized money market fund offering in a first-of-its-kind approval, according to the financial product issuer's Tuesday announcement.
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February 24, 2026
SEC's Crypto Task Force Taps Chainlink Atty As Chief Counsel
The U.S. Securities and Exchange Commission has brought on the former deputy general counsel of blockchain app development platform Chainlink to lead the agency's Crypto Task Force after its previous chief, Michael Selig, left to lead the U.S. Commodity Futures Trading Commission.
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February 24, 2026
Securities Group Of The Year: Weil
Weil Gotshal & Manges LLP's attorneys secured a win for chipmaker Silicon Motion Technology Corp. in a securities fraud class action over a busted $3.8 billion merger, earning it a spot among the 2025 Law360 Securities Practice Groups of the Year.
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February 24, 2026
Calif. Firm Says Texas Immunity Law Blocks $11M Fee Suit
A California law firm is urging an Austin federal judge to dismiss claims that it participated in unlawfully withholding $11 million in attorney fees from a Texas law firm that allegedly helped secure a nine-figure verdict against Walmart, arguing a Texas immunity law protects the Golden State firm from being held liable to non-clients.
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February 24, 2026
SEC Secures Judgment Against Athlete-Targeting Fraudster
The U.S. Securities and Exchange Commission has won a civil judgment against a Colorado man who pled guilty to defrauding investors, including professional athletes, out of more than $1.2 million, securing an additional $438,000 for the government.
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February 24, 2026
Wells Fargo Denies Involvement In Alleged Fla. EB-5 Fraud
Wells Fargo urged a Florida federal court to dismiss it from a proposed class action from EB-5 investors who say the bank facilitated a fraudulent real estate project in Orlando, Florida, arguing the complaint is an untimely "misguided attempt to saddle Wells Fargo with liability."
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February 23, 2026
Zynex Faces Securities Suit Following Arrest Of Former Execs
After being arrested last month on charges of securities fraud and conspiracy, the former CEO and ex-chief compliance officer of bankrupt medical device maker Zynex have been hit with a securities class action that alleges they and others caused the company to engage in fraudulent billing practices that inflated its stock price and led to investor losses once the truth came to light.
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February 23, 2026
Corcept Mischaracterized Drug Approval Odds, Investor Says
Pharmaceutical company Corcept Therapeutics Inc. faces a proposed investor class action alleging it overstated approval prospects for a Cushing's syndrome drug candidate, hurting investors when its trading prices halved after it disclosed the U.S. Food and Drug Administration wouldn't accept the approval bid.
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February 23, 2026
Court Rejects $5.8M Fee Bid In Puerto Rico Funds Case
A Puerto Rico federal judge denied an investment firm's bid for $5.8 million in attorney fees after the firm brought successful countersuit claims against investors, finding that the commonwealth's corporations law, which governs the case, prohibits legal fees absent a finding of obstinacy.
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February 23, 2026
FINRA Eyes Looser Broker Communication Rules
The Financial Industry Regulatory Authority has proposed allowing broker-dealers to provide the public with information about the projected financial performance of a security or securities portfolio, revisiting a rulemaking initiative that has sat stale for the past two years.
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February 23, 2026
7th Circ. Orders Deeper Probe Of $13M Fraudster's Severance
A "highly suspect" severance payment a home building company made to a $13.7 million trading fraudster who also stole from the business should be further examined before a district court determines whether the payment violated a pending asset citation order, the Seventh Circuit said Monday.
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February 23, 2026
Bernstein Litowitz To Lead Fortinet Investors' Suit
Bernstein Litowitz Berger & Grossmann LLP will lead a consolidated securities suit accusing cybersecurity company Fortinet of overstating an expected revenue boost related to customer software upgrades.
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February 23, 2026
SEC Says PPE Distributor Fabricated Pandemic-Era Deal
The U.S. Securities and Exchange Commission filed a suit Monday accusing the CEO and consultant of a consumer goods company of artificially inflating the company's share price by nearly 200% by disseminating a false press release touting $10 million in orders for health supplies at the beginning of the COVID-19 pandemic.
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February 23, 2026
Crypto.com Says OCC Gave Initial OK To Trust Charter Bid
Crypto.com announced Monday that it's the latest crypto-focused firm to receive a conditional approval for a national trust charter from the Office of the Comptroller of the Currency, clearing the way for its Crypto.com National Trust Bank to offer expanded crypto custody services and trade settlement.
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February 23, 2026
Senate Dems Aim To Require Refunds Of Illegal Trump Tariffs
Senate Democratic lawmakers introduced legislation Monday to require the federal government to issue refunds to importers for duties paid that were imposed by President Donald Trump under the International Emergency Economic Powers Act, following the U.S. Supreme Court's ruling deeming those measures unlawful.
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February 23, 2026
Catching Up With Delaware's Chancery Court
Legal fee feuds, noncompete pact breach fights and post-closing "earnout" battles piled up in Delaware's equity and commercial law venues last week, with top jurists briefing lawmakers on efforts to better manage crowded dockets and expanded benches.
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February 23, 2026
Analyst Who Claimed She Was Fired For Needing Sleep Settles
A New Jersey woman who claimed she was fired by Centerview Partners after disclosing she needed consistent sleep to manage a health disorder settled her case against the investment bank ahead of a jury trial in New York federal court, the bank said Monday.
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February 23, 2026
Securities Group Of The Year: Latham
Latham & Watkins LLP secured a ruling in the Delaware Supreme Court ending a lawsuit against Oracle Corp. founder Larry Ellison, and won a case of first impression that greenlighted a client's move out of the state, earning the firm a spot on the 2025 Law360 Securities Groups of the Year.
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February 23, 2026
Justices Won't Review Sentence Of Bitcoin 'Peace Promoter'
The U.S. Supreme Court declined on Monday to review the eight-year sentence that a church founder and self-described "peace promoter" received after he was charged with tax evasion and other crimes tied to a bitcoin operation he founded in 2014.
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February 20, 2026
Wash. Man Admits To Role In $100M Oil Investor Crypto Con
A Washington state man has admitted to conspiracy to commit money laundering in a scheme that federal prosecutors say cheated victims out of nearly $100 million that they were told was going to oil and gas investments but was instead routed to co-conspirators' accounts and cryptocurrency wallets.
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February 20, 2026
ChargePoint Beats Shareholder Suit Over Supply Chain Issues
A California federal judge on Friday tossed, with leave to amend, a securities class action accusing ChargePoint Holdings and its top brass of misleading investors about the company's supply chain management, revenue growth and inventory value, finding the suit pleads contradictory facts and inactionable statements.
Expert Analysis
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Series
Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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How Cos. Can Prep For Tightened Calif. Data Breach Notices
Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.
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Digital Asset Treasury Trend Signals Wider Crypto Embrace
While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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How The SEC May Overhaul Its Order Protection Rule
Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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How Calif. High Court Is Rethinking Forum Selection Clauses
Two recent cases before the California Supreme Court show that the state is shifting toward greater enforcement of freely negotiated forum selection clauses between sophisticated parties, so litigators need to revisit old assumptions about the breadth of California's public policy exception, says Josh Patashnik at Perkins Coie.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
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Post-Genius Landscape Reveals Technical Stablecoin Hurdles
The Genius Act's implementation has revealed challenges for mass stablecoin adoption, but there are several factors that stablecoin issuers can use to differentiate themselves and secure market share, including interest rate, liquidity, and safety and security, say attorneys at Olshan Frome.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split
The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.