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Securities
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November 26, 2025
Avantor Sued Over Supply Chain Issues After $6.4B Deal
Investors have accused executives at Pennsylvania-based laboratory supplier Avantor Inc. of falsely inflating the company's stock value by continually touting the value of its $6.4 billion merger with a major distributor in 2017, even as its failures to maintain its supply chain mounted, according to a proposed class action filed Tuesday in federal court.
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November 26, 2025
Investor Says Pot Co.'s Old Defenses Can't Stop Fraud Suit
An investor suing the principals of cannabis company Devi Holdings Inc. over an undisclosed $13 million tax liability is urging a Florida federal court to deny a motion for summary judgment from Devi's CEO, saying it ignores undisputed facts and rehashes old arguments that were rejected at the dismissal stage.
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November 26, 2025
Coinbase Insiders Sued In Del. For Billions After Hack Losses
Stockholders of Coinbase Global Inc. have again sued the crypto giant in Delaware's Court of Chancery, in a second derivative suit seeking recoveries for billions in alleged inside trading by fiduciaries of the now-Texas-chartered company and claiming multiple failures to prevent high-risk customer actions.
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November 26, 2025
Investors Say Synopsys Hid Risks Before $35B Deal
Shareholders of Synopsys Inc. have launched a class action in California federal court alleging the chip software design company concealed concerns about its pre-designed semiconductor components business segment before it acquired Ansys for $35 billion.
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November 25, 2025
MoonPay Secures NY Trust Charter For Crypto Custody
Cryptocurrency firm MoonPay announced Tuesday that New York State Department of Financial Services has given it the green light to provide crypto custody and over-the-counter trading services as a New York limited purpose trust company.
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November 25, 2025
Bitcoin Depot Unit Hit With $18.5M Arbitration Award
The parent of a Canadian company that develops software allowing global network users to deposit cash for Bitcoin or exchange Bitcoin for cash said its subsidiary was hit with an $18.47 million arbitral award in a dispute with a bankrupt operator of cryptocurrency ATMs.
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November 25, 2025
Nev. Judge Denies Robinhood's Bid To Shield Event Contracts
A Nevada federal judge declined to bar the state's gaming regulators from taking action over Robinhood's sports wagers for now in a Tuesday order that marked U.S. District Judge Andrew P. Gordon's second refusal to shield an event contract offering despite previously granting the relief to Kalshi.
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November 25, 2025
Texas Court OKs $46M Deal In GPB Capital Fraud Case
A Texas federal court granted final approval of a deal requiring several auditors of GPB Capital to pay $46 million to end claims about their alleged role in a $1.8 billion fraud scheme at the private equity fund.
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November 25, 2025
ISS Updates Policy For Climate Change, Diversity Proxy Bids
Proxy advisory firm Institutional Shareholder Services Inc. indicated Tuesday it has updated its policies for backing controversial shareholder proposals on corporate proxy ballots, opting to endorse diversity and climate change-related proposals on a case-by-case basis starting next year.
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November 25, 2025
Feds Advance Plans To Dial Back Leverage Capital Rules
Federal regulators on Tuesday signed off on changes that will ease a key capital backstop for the biggest banks and unveiled a separate proposal to relax a simplified, optional capital standard for smaller banks.
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November 25, 2025
Investors Say Alexandria Overhyped Leasing, NYC Project
Alexandria Real Estate Equities Inc. investors filed suit in California federal court Tuesday, claiming the real estate investment trust overstated the strength of its leasing business and the projected value of a New York City property, causing the company's stock price to drop once the truth came to light.
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November 25, 2025
Healthcare Software Founders Sue In Del. For Sale Details
A couple who sold their healthcare software business to an interest of Elevate RCM Holdings LLC before the buyer allegedly resold it for a reported $1 billion sued for company records in Delaware's Court of Chancery late Monday, seeking documents needed to confirm the deal's fairness.
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November 25, 2025
Binance Faces New Terror Funding Suit From Oct. 7 Victims
More than 300 survivors and family members of those harmed in the Oct. 7 attacks on Israel are suing cryptocurrency exchange Binance and its leadership for "knowingly, willfully, and systematically" assisting the groups that planned the attacks by concealing the movement of $1 billion.
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November 25, 2025
Ex-Nikola CEO Milton Can't Decertify Investor Suit
An Arizona federal judge Tuesday rejected former Nikola CEO Trevor Milton's objections to certifying a class of shareholders accusing him and the electric vehicle startup of exaggerating the viability of its prospects, finding the investors have made reasonable progress toward contacting class members.
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November 25, 2025
Acadia Healthcare Investors Seek First OK For $179M Deal
Acadia Healthcare Co. Inc. investors asked a Tennessee federal judge to grant the first green light to a $179 million settlement in a class action alleging the company misled them about the strength of its U.K. operations.
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November 25, 2025
Bridgepoint Buys Majority Stake In Crypto Audit Firm
Middle-market private equity firm Bridgepoint Group, led by Cleary Gottlieb Steen & Hamilton LLP, on Tuesday revealed plans to take a majority stake in British digital asset assurance and technology solutions provider ht.digital, led by Dentons.
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November 25, 2025
Judge Hands SEC Win In Pharma Co.'s CBD Investor Fraud Case
A California federal judge has granted the U.S. Securities and Exchange Commission an early win in its suit against Vivera Pharmaceuticals, its CEO and affiliate Sentar Pharmaceuticals, finding they misled investors about the company's rights to key cannabinoid drug-delivery technology and about how investor money would be spent.
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November 25, 2025
StubHub Hit With Investor Suit Over Pre-IPO Disclosures
Online ticket reseller Stubhub was hit with a proposed shareholder class action in New York federal court accusing it and several of its executives and underwriters of concealing changes to the company's operations that would impact its free cash flow ahead of its initial public offering earlier this year.
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November 25, 2025
Ex-SEC Small Business Capital Leader Joins Michael Best
The former director of a U.S. Securities and Exchange Commission office that identifies and addresses capital raising issues for small businesses has joined Michael Best & Friedrich LLP as a senior counsel, the firm announced.
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November 25, 2025
Cannabis Co. Says $1.5M Default In Contract Dispute Is Void
A cannabis company is urging a Los Angeles state court to set aside a $1.5 million default judgment against it in a contract dispute, saying the judgment goes far beyond what's allowable under state law.
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November 25, 2025
DOL Seeks To End 5th Circ. Fiduciary Rule Battle
The U.S. Department of Labor asked the Fifth Circuit to dismiss two appeals defending a package of Biden-era investment advice regulations that had expanded the definition of a fiduciary under the Employee Retirement Income Security Act, which two Texas courts had blocked in 2024.
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November 25, 2025
Del. Supreme Court Backs FloSports In Records Fight
A fight among siblings over access to corporate records ended with the Delaware Supreme Court affirming that three stockholders of sports streaming platform FloSports Inc. failed to follow the procedural steps required under the Delaware General Corporation Law.
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November 24, 2025
Pa. Panel Upholds Trustee's Conviction Over Drained Account
A Pennsylvania appellate panel upheld a business owner's conviction and sentence for draining his grandparents' investment account to support his floundering seafood company, finding Monday that he never got the needed approvals from his father and uncle.
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November 24, 2025
Investor Alleges Real Estate Fund Fraud In Del. Suit
Alleging Ponzi scheme-like conduct, limited partners in Florida-based Whitestone Real Estate Fund III (GP) accused the business and its affiliates of shuffling through hundreds of related party transactions without board approval, in an 11-count Delaware Court of Chancery suit that includes fraud claims and seeks appointment of a receiver.
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November 24, 2025
Crypto Cos. Seek OK Of $2.5M Iceland Mining Facility Award
Two cryptocurrency companies have asked a New York federal court to enforce an approximately $2.5 million arbitral award against a project finance advisory firm in their contract dispute over investments in an Icelandic crypto mining facility.
Expert Analysis
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State Crypto Regs Diverge As Federal Framework Dawns
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.
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Parenting Skills That Can Help Lawyers Thrive Professionally
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.
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Series
Teaching Trial Advocacy Makes Us Better Lawyers
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.
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The Crucial Question Left Unanswered In EpicentRx Decision
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.
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MIT Bros.' Crypto Charges Provide Fraud Test Case For Gov't
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.
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Why EpicentRx Ruling Is A Major Win For Business Certainty
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.
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How Sustainability Reporting Changed In The 1st Half Of 2025
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.
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9th Circ. Finding That NFTs Are Goods Will Change TM Law
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.
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Series
Adapting To Private Practice: From Texas AUSA To BigLaw
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.
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Lessons From Liberty Mutual FCPA Declination
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.
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3 Rulings Show Hurdles To Proving Market Manipulation Fraud
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.
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Drafting M&A Docs After Delaware Corp. Law Amendments
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.
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Advice For 1st-Gen Lawyers Entering The Legal Profession
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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Untangling 'Debanking' Exec Order And Ensuing Challenges
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.
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Patterns And Trends In Publicly Filed Insider Trading Policies
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.