Securities

  • January 23, 2026

    Veon Investors Gets 1st OK For $20M Deal In Bribery Case

    Telecommunications firm Veon Ltd. has received preliminary approval of its $19.97 million settlement with shareholders who accused the company of defrauding investors by not disclosing it had paid bribes in Uzbekistan, potentially ending more than a decade of litigation related to the claims.

  • January 23, 2026

    Mass. Judge Seeks Input On Kalshi Sports Ban

    A Massachusetts state court judge said Friday he is still grappling with how to craft an order barring prediction market Kalshi from promoting sports-related event offerings in the state without infringing on the rights of existing contract holders, asking counsel for the company and the Massachusetts Office of the Attorney General for help hammering out the details.

  • January 23, 2026

    Reforms, $737.5K Fee Proposed To End Del. Skin Tech Suit

    A mediated deal on corporate governance reforms and a fee and expenses award have tentatively settled a consolidated Delaware Court of Chancery derivative suit targeting oversight and disclosure failures involving a "hydrafacial" skin treatment device that cost The Beauty Health Co. at least $63.2 million to manage.

  • January 22, 2026

    Mango Labs' 'Buyer's Remorse' Can't Undo SEC Settlement

    Crypto project Mango Labs can't cancel the terms of a nearly $700,000 settlement with the U.S. Securities and Exchange Commission just because the agency has pivoted away from crypto enforcement cases and left the project with "buyer's remorse," a Manhattan federal judge ruled.

  • January 22, 2026

    SEC Gets $900K Judgments In Bitcoin Miner CEO's Fraud Suit

    The family and ex-wife of a former bitcoin miner CEO will pay the U.S. Securities and Exchange Commission nearly $900,000 to exit the regulator's claims the CEO misappropriated $48.5 million from investors.

  • January 22, 2026

    Panel Pushes Ex-Texans CEO's Son On Probate Jurisdiction

    A Texas appeals court on Thursday pushed the son of deceased billionaire and Houston Texans founder Robert McNair to explain why a probate court has no jurisdiction over claims that he surreptitiously placed poison pill agreements into the companies he ran.

  • January 22, 2026

    SEC Approves Cuts To PCAOB Budget, Board Member Salaries

    The U.S. Securities and Exchange Commission on Thursday approved a 2026 budget for the Public Company Accounting Oversight Board that includes a 9.4% decrease overall from the prior year and cuts upward of 42% for board members' compensation.

  • January 22, 2026

    Calif. Couple Charged With $100M Stock Manipulation Scheme

    A married couple in California has been indicted by a federal grand jury for charges related to their alleged involvement in a securities fraud and money laundering scheme involving falsely promoting and dumping shares of several public companies, including a purported rooftop solar business and a crypto mining firm, according to prosecutors.

  • January 22, 2026

    New Securities Class Actions Declined In 2025, Report Says

    New securities class action filings fell overall last year, along with aggregate settlement values and attorney fees, but the emergence of tariff-related suits could present a new trend in filings in response to actions taken by the U.S. government, according to a recent National Economic Research Associates Inc. report.

  • January 22, 2026

    Kalshi And Robinhood Slam Wis. Tribe's Bid To Block Gambling

    Online trading platforms Kalshi and Robinhood have asked a Wisconsin federal judge to deny a bid by a Native American tribe to preliminarily block them from offering sports event contracts on tribal lands, arguing that stopping them would harm their businesses and customers.

  • January 22, 2026

    Hologic Faces Del. Class Suit Over $18.3B Sale Disclosures

    Citing alleged failures to make news about litigation settlements public ahead of a proposed $18.3 billion company sale, a pension fund stockholder of women's health-focused tech company Hologic Inc. has sued for a Delaware Court of Chancery hold on the deal pending disclosures or damages awards.

  • January 22, 2026

    Feds Won't Retry Landmark OpenSea NFT Fraud Case

    Federal prosecutors won't retry their fraud claims against the former OpenSea manager accused of insider trading on his employer's nonfungible token platform, walking away from the case after the Second Circuit overturned the conviction last July.

  • January 22, 2026

    Ga. Financial Firm CEO Cops To $380M Ponzi Scheme

    The CEO of an Atlanta-area financial advisory group has pled guilty to conducting a $380 million Ponzi scheme, which is likely the largest in Georgia history, according to prosecutors.

  • January 22, 2026

    AGs Target Investor Advocacy Group As 'Climate Cartel'

    A group of state attorneys general led by Florida Attorney General James Uthmeier issued a warning letter Wednesday to climate advocacy organization Ceres claiming concerns about violations of antitrust and consumer protection laws.

  • January 22, 2026

    Marketers Who Sold Fraudulent StraightPath Funds Plead Out

    Two New York men who hawked pre-initial public offering shares for fraud-ridden vendor StraightPath from "boiler room" sales floors pled guilty Thursday to fraud charges, after Manhattan federal prosecutors charged them with raising $185 million by duping customers.

  • January 22, 2026

    Dayforce Investors Seek Records In $12.3B Thoma Bravo Deal

    Several stockholders of Dayforce Inc. have asked the Delaware Chancery Court to compel the global human resource software company to hand over internal books and records, arguing the board's handling of a $12.3 billion take-private sale to Thoma Bravo LP warrants closer scrutiny under Delaware law.

  • January 22, 2026

    Shareholder Says $2.3B Take-Private Deal Hid Blackstone Ties

    Board members of Hawaii-based commercial real estate investment trust Alexander & Baldwin obscured their connections to Blackstone Real Estate in securities filings preceding a proposed $2.3 billion take-private deal, an investor claimed in an Illinois federal lawsuit.

  • January 22, 2026

    McGuireWoods Litigator Joins Dorsey & Whitney In Dallas

    Dorsey & Whitney LLP has bolstered its Texas litigation platform and deepened its offerings to financial services clients confronting complex regulatory and enforcement challenges with a Dallas-based partner who came aboard from McGuireWoods LLP.

  • January 21, 2026

    Holmes Seeks Trump Clemency For Theranos Fraud Sentence

    Former Theranos CEO Elizabeth Holmes has asked President Donald Trump to commute an 11-year prison sentence she's been serving for defrauding investors with bogus blood-testing technology, according to the U.S. Department of Justice's Office of the Pardon Attorney.

  • January 21, 2026

    Senate Agriculture Unveils Crypto Bill Without Dem Backing

    The chairman of the Senate Agriculture Committee released the text of a proposal to expand the U.S. Commodity Futures Trading Commission's authority over crypto Wednesday evening, despite failing to reach a bipartisan agreement on the text ahead of a markup slated for next week.

  • January 21, 2026

    Health Tech SPAC Execs Ink $10M Investor Settlement

    Former executives of a health technology company that went public via merger with a blank check company have reached a $10 million deal to settle claims they wiped out investors with a bankruptcy filing after the company's product development projections derailed.

  • January 21, 2026

    Ex-TD Bank Worker Cops To Taking Money Laundering Bribes

    A former New Jersey-based TD Bank NA employee pled guilty on Wednesday to accepting bribes and leveraging his position to facilitate the movement of over $26 million to Colombia through TD Bank accounts.

  • January 21, 2026

    EXp Brass Can't Shake Claims It Ignored Sexual Misconduct

    The Delaware Chancery Court has allowed the bulk of a shareholder lawsuit against eXp World Holdings Inc. to proceed, saying it is reasonable to infer the real estate brokerage's board "effectively did nothing" in response to red flags about widespread allegations of drugging, rape and sexual assault.

  • January 21, 2026

    Fintech Co. Says Investor Suit 'Regurgitates' SEC Claims

    A fintech company has sought to shed a proposed investor class action alleging its former CEO manipulated trading prices for its shares, arguing that the suit fails because it parrots separate U.S. Securities and Exchange Commission allegations.

  • January 21, 2026

    NJ Firm Must Face Full SEC Suit Over Investment Allocations

    A New Jersey federal judge allowed all claims of a U.S. Securities and Exchange Commission suit against a Garden State financial firm and its founder to proceed, finding Wednesday the regulator has adequately pleaded scheme liability, knowledge of wrongdoing and other counts.

Expert Analysis

  • Series

    Adapting To Private Practice: From Va. AUSA To Mid-Law

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    Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.

  • Rebutting Price Impact In Securities Class Actions

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    Defendants litigating securities cases historically faced long odds in defeating class certification, but that paradigm has recently begun to shift, with recent cases ushering in a more searching analysis of price impact and changing the evidence courts can consider at the class certification stage, say attorneys at Katten.

  • 7 Document Review Concepts New Attorneys Need To Know

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    For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

  • Senate Bill Could Overhaul Digital Asset Market Structure

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    The Senate Banking Committee's draft Responsible Financial Innovation Act would not only clarify the roles and responsibilities of financial institutions engaging in digital asset activities but also impose new compliance regimes, reporting requirements and risk management protocols, say attorneys at Troutman.

  • Opinion

    Congress Must Resolve PSLRA Issue For Section 11 Litigants

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    By establishing a uniform judgment reduction credit for all defendants in cases involving Section 11 of the Securities Act, Congress could remove unnecessary statutory ambiguity from the Private Securities Litigation Reform Act and enable litigants to price potential settlements with greater certainty, say attorneys at Sidley.

  • Stablecoin Committee Promotes Uniformity But May Fall Short

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    While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Resilience Planning Is New Key To Corporate Sustainability

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    While the current wave of deregulation may reduce government enforcement related to climate issues, businesses still need to evaluate how climate volatility may affect their operations and create new legal risks — making the apolitical concept of resilience increasingly important for companies, says J. Michael Showalter at ArentFox Schiff.

  • Parsing Trump Admin's First 6 Months Of SEC Enforcement

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    The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.

  • FDA Transparency Plans Raise Investor Disclosure Red Flags

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    The U.S. Food and Drug Administration’s recently announced intent to publish complete response letters for unapproved drugs and devices implicates certain investor disclosure requirements under securities laws, making it necessary for life sciences and biotech companies to adopt robust controls going forward, say attorneys at Arnold & Porter.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • A Changing Playbook For Fighting Records Requests In Del.

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    The Delaware Supreme Court's recent decision in Wong v. Amazon, reversing the denial of an inspection demand brought by a stockholder, serves as a stark warning to corporations challenging books and records requests, making clear that companies cannot defeat such demands solely by attacking the scope of their stated purpose, say attorneys at Duane Morris.

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