Securities

  • January 15, 2026

    Chancery Tosses Vividion IP Suit Over $2B Bayer Deal

    The Delaware Chancery Court on Thursday dismissed a biotech investor's suit accusing the co-founder of Vividion Therapeutics Inc. and others of diverting valuable intellectual property ahead of the company's $2 billion sale to Bayer Corp., finding the alleged misconduct could not have affected the merger price or process under Delaware law.

  • January 15, 2026

    Nvidia Sued In Del. For US 'Tax' On Chip Deal With China

    Alleging possible company conflicts of interest and unlawful agreements involving the White House and Commerce Department, two NVIDIA Corp. stockholders sued the company late Wednesday for records involving company agreements to pay the U.S. Department of Commerce percentages of high-end graphics processing chip sales to buyers in China.

  • January 15, 2026

    Crypto Lender Nexo Fined $500K For Unlicensed Loans

    The California Department of Financial Protection and Innovation announced that crypto-backed loan company Nexo Capital Inc. will pay a $500,000 penalty to settle claims it did not have a valid license when making its high-risk loans to California residents.

  • January 15, 2026

    Trucking Brokers Ordered To Pay $1.5M Over Ponzi Scheme

    A Florida federal judge on Thursday ordered two men connected to a scheme involving a trucking and logistics business to pay nearly $1.5 million to the U.S. Securities and Exchange Commission, which accused the pair of illegally selling most of the $112 million worth of unregistered securities to victims in a fraud targeting Haitian Americans.

  • January 15, 2026

    DOL's Benefits Arm Describes New Enforcement Focus

    The U.S. Department of Labor's employee benefits arm Thursday outlined a shift in its enforcement priorities, including by ending a focus on employee stock ownership plans.

  • January 15, 2026

    SEC Taps Ex-BlackRock, GSA Atty To Be General Counsel

    The U.S. Securities and Exchange Commission announced Thursday a former BlackRock senior attorney and U.S. General Services Administration top lawyer will be its next general counsel, as the agency gets underway with a regulatory agenda that prioritizes easing administrative burdens and facilitating capital formation.

  • January 15, 2026

    7th Circ. Backs $22M Restitution For Convicted Fraudster

    The Seventh Circuit on Wednesday affirmed a lower court's order that a man convicted of a fraudulent investment scheme causing investors to lose roughly $23 million must fork over $21.6 million in restitution, finding he had waived his challenge to the amount the district judge credited for what had already been recovered.

  • January 15, 2026

    NY Bill Criminalizes Unlicensed Cryptocurrency Businesses

    Manhattan District Attorney Alvin Bragg and New York State Sen. Zellnor Myrie on Thursday announced a proposed law to criminalize operating a cryptocurrency business without a license, saying crypto has become an "ideal vehicle for money laundering."

  • January 15, 2026

    House OKs Restricting ESG Investment In 401(k) Plans

    The U.S. House of Representatives greenlighted a bill Thursday that would restrict how retirement plan managers can consider environmental, social and governance issues when picking investments, codifying a 2020 U.S. Department of Labor rule requiring a sole focus on financial risk factors.

  • January 15, 2026

    Chancery Won't Fast-Track Paramount's Bid For WB Info

    The Delaware Chancery Court on Thursday denied Paramount Skydance Corp.'s request for expedited proceedings in its disclosure suit against Warner Bros. Discovery Inc., ruling that Paramount failed to show it faced irreparable harm from alleged omissions tied to WBD's recommendation against Paramount's hostile tender offer.

  • January 14, 2026

    Monolithic Fights Investor Claims Over Nvidia Issues

    Power management parts maker Monolithic Power Systems Inc. wants out of an investor suit accusing it of hiding critical defects in power modules used by its largest customer, Nvidia Corp., arguing that the suit's "fraud-by-hindsight" claims are not actionable.

  • January 14, 2026

    SEC Gets Mixed Marks On Handling Shareholder Proposals

    Shareholders, companies, directors and professional advisers generally have low to moderate satisfaction with how the U.S. Securities and Exchange Commission handles the shareholder proposal process, according to a wide-ranging report on proxy proposals released Wednesday.

  • January 14, 2026

    Wells Fargo Brass Gets 1st OK For 'Fake' Diversity Suit Deal

    A California federal judge has granted the first green light to a settlement reached between Wells Fargo investors and executives in a derivative suit claiming the bank's leadership failed to address the company's discriminatory lending practices and engaged in "fake" interviews with diverse candidates.

  • January 14, 2026

    Swedbank Says DOJ Has Closed AML Probe Without Action

    Swedbank, one of the biggest banks serving Europe's Baltic region, said Wednesday that the U.S. Department of Justice has released it from a long-running anti-money-laundering-related investigation, removing another U.S. legal cloud hanging over the lender.

  • January 14, 2026

    SEC To Lean On Congress As Defense In High Court Case

    The U.S. Supreme Court is once again stepping into the debate over when the U.S. Securities and Exchange Commission can demand that alleged fraudsters give up ill-gotten gains, but this time the agency plans to argue a 2021 government spending bill should save it from further limits to its disgorgement powers.

  • January 14, 2026

    Senate Banking Committee Postpones Crypto Bill Markup

    The Senate Banking Committee on Wednesday night postponed a highly anticipated mark-up of a bill to regulate the cryptocurrency industry, hours after Coinbase CEO Brian Armstrong voiced his opposition to the latest draft, saying his firm would "rather have no bill than a bad bill."

  • January 14, 2026

    Oracle Sued By Pension Plan Over AI-Linked Debt Disclosures

    The Ohio Carpenters Pension Plan filed a proposed class action Wednesday in New York state court against Oracle, its founder Larry Ellison and other top brass, alleging the company failed to disclose that it would need to sell significant extra debt to fund its artificial intelligence buildout.

  • January 14, 2026

    Calif. Car Cos. Hit With $200M Chancery Fraud Suit

    Several California-based car companies, as well as their leader and current and former executives, orchestrated a fraudulent acquisition and asset transfer scheme designed to render a lucrative fuel trading contract worthless and shield a defense contractor from more than $200 million in liabilities, a lawsuit brought Wednesday in the Delaware Chancery Court says.

  • January 14, 2026

    Biotech Co. CytoDyn In Talks To End Investor Class Action

    A federal judge has given the green light for biotech company CytoDyn Inc. and its former leadership to move forward with a potential settlement of a proposed class action that accused the company of misleading shareholders over the alleged approval of its COVID-19 and HIV drug.

  • January 14, 2026

    'The Work Has Changed': How White Collar Attys Are Coping

    The Trump administration's dramatic policy enforcement changes over the past year, along with turmoil and turnover at the U.S. Department of Justice, has tilted the white-collar world on its axis, forcing lawyers and firms to abruptly shift focus and expand their practices, sometimes beyond traditional white-collar criminal defense matters.

  • January 14, 2026

    2nd Circ. Suspects Forum Shopping In Credit Suisse Suit

    Two Second Circuit judges Wednesday sounded inclined to uphold the dismissal of a breach of duty claim against Credit Suisse and others tied to its auditing firm, with one saying the decision to bring the stock-plunge case in New York "almost smacks of forum shopping."

  • January 14, 2026

    MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners

    The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.

  • January 14, 2026

    Pharma Co. Consultant Charged With Insider Trading

    A New Jersey man is facing securities fraud charges after using his access to drug trial results for a Boston-area pharmaceutical company to make nearly $500,000 in profits, federal prosecutors say.

  • January 14, 2026

    Alternative Asset 401(k) Investing Rule Sent To OMB

    The White House Office of Management and Budget is reviewing a proposed rule from the U.S. Department of Labor's employee benefits arm related to fiduciary duties involved with alternative asset investing in 401(k)s, marking the last hurdle before the regulations' release for public comment. 

  • January 14, 2026

    Crypto Network Cofounder Sued In Del. Over Looting Claims

    A shareholder and cofounder of cryptocurrency-associated cloud business Cerebellum Networks has sued another cofounder and associates in Delaware's Court of Chancery, claiming systematic diversion of some $58 million in "Cere" token assets through an alleged looting of corporate wallets via secret token dumps and other schemes.

Expert Analysis

  • 'Solicit' Ruling Offers Proxy Advisers Compliance Relief

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    The D.C. Circuit recently found that proxy voting advice does not fall under the legal definition of "solicitation," significantly narrowing the U.S. Securities and Exchange Commission's regulatory power over such advisers, offering stability to the proxy advisory industry and providing temporary relief from new compliance burdens, say attorneys at Sheppard Mullin.

  • Evaluating The SEC's Rising Whistleblower Denial Rate

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    The rising trend of U.S. Securities and Exchange Commission whistleblower award claim denials represents a departure from the SEC's previous track record and may reflect a more conservative approach to whistleblower award determinations under the current administration, say attorneys at Troutman Pepper.

  • 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.

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