Securities

  • February 19, 2026

    Del. Chancery Court Saw Record Number Of Filings In 2025

    Delaware's nationally important Chancery Court saw a record number of case filings in 2025 and has relied on the state's Superior Court to help ease its judges' caseload, the First State's chief justice told legislators on Thursday.

  • February 19, 2026

    Nev. Wants Latest Kalshi Betting Case Waged In State Court

    Nevada's efforts to shutter Kalshi's sports event contracts are mired in an early procedural snag as the prediction market angles to litigate in federal court, while the Silver State pushes to keep the dispute within its own judicial system.

  • February 19, 2026

    McDermott Adds Transmitter Licensing Atty To Crypto Team

    McDermott Will & Schulte announced Wednesday that it has added a money transmitter licensing lawyer from Ketsal PLLC to its cryptocurrency team, which the firm calls "the industry's only crypto-exclusive team whose lawyers devote 100% of their practice to digital asset matters."

  • February 19, 2026

    Securities Group Of The Year: Glancy Prongay

    Glancy Prongay Wolke & Rotter LLP has helped secure hundreds of millions of dollars from companies accused of misleading investors, navigating high-profile controversies such as the collapse of Archegos Capital Management LP, earning it a spot among the 2025 Law360 Securities Groups of the Year.

  • February 19, 2026

    Funko To Pay $5.4M To Settle Del. Stockholder Suit

    Toy company Funko Inc. and a class of its public stockholders have agreed to a $5.4 million settlement to resolve Delaware Chancery Court litigation accusing the company's private equity sponsors and top executives of exploiting its Up-C structure to siphon value from Class A shareholders.

  • February 19, 2026

    Mylan Investors Ink $60M Deal In Quality Control Suit

    Investors in the former Mylan NV have reached a $60 million settlement with the company over claims the drugmaker manipulated quality control measures at a West Virginia facility and lied to shareholders, the investors told a federal court this week.

  • February 19, 2026

    Barnes & Thornburg Adds 35 Ballard Spahr Attys, 3 Offices

    Barnes & Thornburg LLP announced Thursday that it has added all 35 public finance lawyers from Ballard Spahr LLP to its government services and finance department in multiple locations around the country, including three new markets in Baltimore, Denver and Phoenix.

  • February 18, 2026

    Investor Settlement Value Hit 3-Decade High In '25, Report Says

    Public-company shareholders saw fewer cases settle last year, but many won more money than ever from the lawsuits that did settle, according to a report released Thursday by Cornerstone Research.

  • February 18, 2026

    Robinhood Clears Fla. AG Probe Of Crypto Platform Marketing

    Robinhood Markets Inc. told investors on Wednesday that Florida's attorney general has closed an investigation into the marketing practices of its crypto trading arm, ending a probe that had scrutinized whether the company misled customers about trading costs.

  • February 18, 2026

    Binance.US, Crypto Data Site Beat Antitrust Suit Again

    Binance.US and a digital asset market data website have again beaten proposed class action claims they suppressed a cryptocurrency's value by misstating its ranking in violation of federal antitrust law and commodities regulation, though the investor who brought the suit has a chance to revise the claims.

  • February 18, 2026

    4th Circ. Rejects Under Armour's Coverage Rehearing Request

    The Fourth Circuit on Wednesday rejected Under Armour's request to reconsider a recent ruling that capped its coverage for a securities class action, government investigations and derivative matters at $100 million.

  • February 18, 2026

    PayPal 'Too Optimistic' With 2027 Forecast, Investors Say

    PayPal was hit with a shareholder's proposed class action accusing it and its executives of damaging investors by walking back positive guidance and a strong growth trajectory for its branded checkout segment earlier this month.

  • February 18, 2026

    'Flawed' Ruling Let SEC Hide Breach Records, DC Circ. Told

    The New Civil Liberties Alliance has told the D.C. Circuit that the U.S. Securities and Exchange Commission should have to turn over documents related to an internal information breach, arguing a lower court improperly allowed the agency to exempt documents from a Freedom of Information Act request.

  • February 18, 2026

    NY Judge Trims Umbilical Cord Blood Co. Investor Suit

    A New York federal judge has trimmed a securities class action accusing Global Cord Blood Corp. and others of orchestrating and trying to cover up a scheme in which hundreds of millions of dollars were transferred from Global Cord's cash reserves to its former parent company's founder and other businesses.

  • February 18, 2026

    SEC Plans To Repeal Biden-Era Rule On ESG Fund Names

    The U.S. Securities and Exchange Commission on Wednesday proposed a number of changes that would impact regulated funds, including one that would overturn a Biden administration rule requiring funds that hold themselves out as sustainable or socially conscious to invest the majority of their money in the causes they tout.

  • February 18, 2026

    Levi & Korsinsky To Lead Novo Nordisk Investor Class Action

    Levi & Korsinsky LLP has been appointed lead counsel in a proposed securities class action accusing Novo Nordisk A/S of misleading investors about its 2025 revenue outlook, after a New Jersey federal judge approved the firm's selection by the investor with the largest financial stake in the case.

  • February 18, 2026

    Securities Group Of The Year: Labaton Keller

    Labaton Keller Sucharow LLP was named one of the 2025 Law360 Securities Groups of the Year after it finalized a $200 million shareholder settlement with Uber, along with settlements on behalf of investors in Walmart, Discovery Inc. and Olaplex Holdings Inc., capping a year of victories that was also marked by tragedy when its chairman Christopher Keller died of cancer at age 54.

  • February 18, 2026

    Former SEC Deputy Director Joins Paul Weiss

    Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.

  • February 18, 2026

    Retirees' Attys Get $99M Cut Of Colgate-Palmolive ERISA Deal

    A New York federal judge has signed off on a $99 million request from attorneys representing Colgate-Palmolive retirees who sought fees, expenses and other costs from an overall $332 million megadeal, ending claims the company skimped on pensioners' lump-sum retirement payouts.

  • February 18, 2026

    Liberty Mutual Inks $13.4M 401(k) Fee, Investment Suit Deal

    Liberty Mutual has agreed to shell out $13.4 million and change its employee 401(k) plan management process to end a class action alleging that the insurance company allowed excessive fees and underperforming investment options to drain workers' retirement savings, according to filings in Massachusetts federal court.

  • February 17, 2026

    Musk Can't Be 'Tried On His Political Beliefs,' Judge Says

    A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations can't bring up the billionaire's political beliefs during the trial scheduled to start next month if it's outside the 2022 time period at issue, a California federal judge ruled Tuesday.

  • February 17, 2026

    CFTC Backs Prediction Markets In 9th Circ. Fight With Nevada

    U.S. Commodity Futures Trading Commission Chair Michael Selig told state gaming regulators Tuesday that he intends to defend his agency's "exclusive jurisdiction" over prediction markets, starting with a brief to the Ninth Circuit backing Crypto.com in an ongoing brawl with Nevada regulators over its sports wagers.

  • February 17, 2026

    Educator Unions Call For SEC Probe Of Apollo's Epstein Ties

    The American Federation of Teachers and American Association of University Professors on Tuesday urged the U.S. Securities and Exchange Commission to investigate statements made by Apollo Global Management concerning the private equity firm's alleged ties to convicted sex offender Jeffrey Epstein.

  • February 17, 2026

    4th Circ. Won't Revive Advance Auto Parts Fraud Suit

    The Fourth Circuit on Tuesday declined to revive a suit by investors claiming Advance Auto Parts and its top brass misled them about the failure of a new pricing strategy and about accounting errors, ruling they failed to allege the auto parts retailer had wrongful intent.

  • February 17, 2026

    SPAC Sponsor Execs Kept $29M Biz Breakup Fee, Suit Says

    A blank check company sponsor linked to energy giant Nabors Industries is facing investor allegations that its brass unfairly laid claim to a $29 million settlement sum despite missing a deadline to merge with another company.

Expert Analysis

  • How New SEC Policies Shift Shareholder Proposal Landscape

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    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.

  • Series

    Knitting Makes Me A Better Lawyer

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    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.

  • Series

    The Biz Court Digest: Welcome To Miami

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    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.

  • Identifying And Resolving Conflicts Among Class Members

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    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.

  • What Law Firm Liability Risks In 2025 Signal For Year To Come

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    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.

  • Recent Proposals May Spell Supervision Overhaul For Banks

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    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.

  • What US Can Learn From Brazil's Securities Arbitration Model

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    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.

  • AI Evidence Rule Tweaks Encourage Judicial Guardrails

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    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.

  • Series

    The Law Firm Merger Diaries: Getting The Message Across

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    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.

  • How Bank-Fintech Partnerships Changed In 2025

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    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.

  • 2 Early Settlement Alternatives In Federal Securities Litigation

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    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.

  • Opinion

    Horizontal Stare Decisis Should Not Be Casually Discarded

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    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.

  • DC Circ. Decision Reaffirms SEC Authority Post-Loper Bright

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    The recent denial of a challenge to invalidate 2024 amendments to the U.S. Securities and Exchange Commission's tick size and fee-cap rules reinforces the D.C. Circuit's deference to SEC expertise in market structure regulation, even after Loper Bright, though implementation of the rules remains uncertain, say attorneys at Sidley.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

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    Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

  • Class Actions At The Circuit Courts: December Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses recent rulings and identifies practice tips from cases involving securities, takings, automobile insurance, and wage and hour claims.

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