Securities

  • April 08, 2026

    Binance, Ex-CEO Seek End To $1.8B FTX Clawback Suit

    Binance and its founder told a Delaware bankruptcy judge Wednesday there are no grounds on which to claw back a $1.76 billion payment to the cryptocurrency platform from its defunct competitor FTX, saying it was a fair deal reached outside her jurisdiction.

  • April 08, 2026

    Pryor Cashman Hires Tax Atty In NY From Curtis

    Pryor Cashman LLP announced Tuesday that it has hired a former Curtis Mallet-Prevost Colt & Mosle LLP partner, touting her history advising businesses on complex tax matters across jurisdictions.

  • April 08, 2026

    Trader To Pay $4.2M For $77M Pump-And-Dump Scheme Role

    A Massachusetts federal judge Wednesday ordered a penny stock trader to pay more than $4.2 million for his role in a $77 million pump-and-dump scheme, ruling in a lawsuit brought by the U.S. Securities and Exchange Commission.

  • April 08, 2026

    SEC Taps Gibson Dunn Partner For Enforcement Director

    The U.S. Securities and Exchange Commission announced Wednesday that it has appointed a Gibson Dunn & Crutcher LLP partner and former senior enforcement attorney to serve as director of the agency's Division of Enforcement, following the abrupt resignation of the most recent director.

  • April 08, 2026

    Securities And M&A Litigator Rejoins Latham From Cooley

    Latham & Watkins LLP has announced that a New York litigator has rejoined its ranks after a decade-long stint with Cooley LLP.

  • April 07, 2026

    FINRA Fines JPMorgan Unit $3.25M Over Red Flag Lapses

    A JPMorgan Chase & Co. subsidiary has agreed to pay a $3.25 million fine to end Financial Industry Regulatory Authority claims that it failed to take action on red flags raised over a registered representative's inappropriate and risky investment strategy recommendations that preceded significant customer losses.

  • April 07, 2026

    SEC Slams Past Enforcement As It Reports Fewer Cases

    The U.S. Securities and Exchange Commission announced Tuesday that it brought almost 30% fewer original enforcement actions last year compared to the previous year, a dramatic decrease the agency said follows a past enforcement practice that aimed to "pursue media headlines and run up numbers."

  • April 07, 2026

    Adani Defendants Preview Dismissal Bid In SEC Case

    Billionaire business leader Gautam Adani on Tuesday previewed his plans to seek dismissal of a U.S. Securities and Exchange Commission suit accusing him and his nephew of committing securities fraud in connection with a $750 million bond offering, arguing the claims are outside the scope of U.S. courts.

  • April 07, 2026

    SEC Says Firm, Atty Ran $6M High-Yield Investment Scheme

    The U.S. Securities and Exchange Commission on Tuesday sued an investment firm, its owner and an attorney in Florida federal court for allegedly misappropriating $2.4 million from at least eight investors in a purported high-yield investment program that promised access to global financial tools.

  • April 07, 2026

    Winston & Strawn Adds White Collar Duo From McDermott

    Winston & Strawn LLP announced Tuesday that it is beefing up its white collar defense and government investigations practice in Washington, D.C., and New York with the addition of two former McDermott Will & Schulte partners, who each have years of compliance experience.

  • April 07, 2026

    Prediction Markets Tumbling Toward Supreme Court

    The vast expanse of litigation over sports offerings on prediction markets was jolted by a Third Circuit decision in favor of Kalshi this week, likely further speeding the issue's already fast track to the U.S. Supreme Court.

  • April 07, 2026

    Upstart Misled Investors On AI Model's Accuracy, Suit Alleges

    An investor of cloud-based artificial intelligence lending platform Upstart Holdings Inc. hit the company and its top brass with a proposed class action Tuesday, alleging they misrepresented the accuracy of the company's AI model and how it was affecting Upstart's revenues and growth.

  • April 07, 2026

    Delaware Chancery OKs $190M Meta Privacy Settlement

    The Delaware Chancery Court on Tuesday approved a $190 million settlement resolving long-running stockholder claims that Meta Platforms Inc. mishandled user privacy and board oversight in the wake of the Cambridge Analytica scandal, closing out a case that had stretched more than seven years and reached the second day of trial.

  • April 07, 2026

    Biogen, Investors Reach Deal In Alzheimer's Drug Litigation

    A class of investors has reached a deal with Biogen Inc. to avoid a trial and resolve a suit over statements executives made as they launched an Alzheimer's drug, according to a Tuesday filing in Massachusetts federal court.

  • April 07, 2026

    3rd Circ. Affirms NJ Man's Conviction For $40M Tax Fraud

    A jury was right to convict a New Jersey man who made $40 million from filing false tax returns in a countrywide securities fraud scheme, the Third Circuit found in upholding the conviction, saying his arguments were not compelling enough to reverse the guilty verdict.

  • April 07, 2026

    Law Profs Back Boeing In 7th Circ. Bid To Void 737 Max Class

    Law professors have told the Seventh Circuit that an Illinois district court improperly certified a class of investors alleging Boeing misrepresented the 737 Max 8 jets' safety after two deadly crashes in 2018 and 2019, saying there's been a "troubling" pattern of courts blessing classwide damages theories backed by zero evidence.

  • April 07, 2026

    ImmunityBio Filmmaker Traded On Insider Tip, SEC Says

    A documentary filmmaker who worked for ImmunityBio Inc. will pay the U.S. Securities and Exchange Commission over $332,000 to end claims she scrambled to sell off her stake in the biotechnology company as it prepared to announce disappointing news about a pending drug application.

  • April 07, 2026

    Hormel Foods Faces Class Cert. Bid In Retirement Fund Suit

    An ex-worker for Hormel Foods Corp. asked a Minnesota federal judge to certify a class in his federal benefits lawsuit alleging the company failed to remove high-cost investment options with poor return rates from its $1.2 billion in employee retirement plans.

  • April 07, 2026

    Firstrust Savings Bank Can't Nix 401(k) Mismanagement Suit

    A former Firstrust Savings Bank worker adequately supported his claims that employees lost millions because they had to invest a portion of their savings in the bank's underperforming proprietary fund, a Pennsylvania federal judge ruled, denying the bank's motion to dismiss the proposed Employee Retirement Income Security Act class action.

  • April 07, 2026

    Insider Trading Case Unscathed By US Atty Office Shake-Up

    A federal judge rejected a motion to dismiss the insider trading prosecution of a Garden State broker-dealer's ex-partner, ruling that questions about the leadership of the U.S. attorney's office in New Jersey, including findings that prior supervisory appointments were unlawful, do not taint the indictment or require disqualification of the case prosecutors.

  • April 07, 2026

    Investor Says Nuclear Waste Co. Botched Vote, Curbed Rights

    A nuclear and radiological waste management company stockholder has filed an amended class action in the Delaware Chancery Court accusing the company's board of miscounting votes on a key equity proposal and later adopting bylaws that unlawfully restrict shareholder rights.

  • April 06, 2026

    Musk Slams 'Premature' Judgment After Twitter Stock Verdict

    Elon Musk objected Friday to a California federal judge entering judgment against him following a securities fraud verdict over tweets about his $44 billion Twitter acquisition, arguing there are still numerous unresolved issues and entering a final judgment on a classwide basis at this stage is "premature and improper."

  • April 06, 2026

    Judge Won't Alter $631K SEC Penalty Against Atty

    A Connecticut attorney found liable for violating securities laws as a part of an alleged sham merger agreement can't get his $631,000 penalty modified after a Boston federal judge rejected the attorney's argument that the penalty sum reflects an unjust "double-count[ing]" error.

  • April 06, 2026

    Crypto Lobby Pushes Back On Call For Rules, Not Exemptions

    The Blockchain Association on Monday urged the U.S. Securities and Exchange Commission to stay the course on its plans to issue exemptions for crypto projects, firing back at Citadel Securities' assertions that decentralized projects should broadly face the same obligations as traditional SEC-regulated intermediaries.

  • April 06, 2026

    JPMorgan's Dimon Has 'Mixed' Feelings On Capital Revamp

    The head of the nation's largest bank on Monday raised doubts about the Trump administration's plan to overhaul bank capital rules, casting it as an improvement on a Biden-era draft while saying it still includes some "frankly nonsensical" aspects.

Expert Analysis

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

    Author Photo

    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • 4th Circ. D&O Ruling Shows Why Textual Policy Args Are Best

    Author Photo

    The Fourth Circuit's recent decision in favor of the insurer in Navigators Insurance v. Under Armour highlights how plain-text policy interpretation protects party autonomy and improves predictability to the benefit of both insurers and insureds, say attorneys at Zelle.

  • Should Prediction Markets Allow Trading On Nonpublic Info?

    Author Photo

    Recent trading activity, such as the Polymarket wager on the U.S. capture of Venezuelan President Nicolás Maduro, has raised questions about whether some participants may be engaging in trading that is based on material nonpublic information, and highlights ongoing uncertainty about how existing derivatives and anti-fraud rules apply to event-based contracts, say economic consultants at the Brattle Group.

  • Series

    Trivia Competition Makes Me A Better Lawyer

    Author Photo

    Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.

  • Coinbase Ruling Outlines Litigation Committee Conflict Risks

    Author Photo

    The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.

  • Series

    Law School's Missed Lessons: What Cross-Selling Truly Takes

    Author Photo

    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • OCC Mortgage Escrow Rules Add Fuel To Preemption Debate

    Author Photo

    Two rules proposed in December by the Office of the Comptroller of the Currency, which would preempt state laws requiring national banks to pay interest on mortgage escrow accounts, are a bold new federal gambit in the debate over how much authority Congress intended to hand state regulators under the Dodd-Frank Act, says Christian Hancock at Bradley Arant.

  • When Tokenized Real-World Assets Collide With Real World

    Author Photo

    The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.

  • Series

    Judges On AI: Practical Use Cases In Chambers

    Author Photo

    U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.

  • Opinion

    Corporations Should Think Twice About Mandatory Arbitration

    Author Photo

    The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.

  • A Closer Look At California Financial Regulator's 2026 Agenda

    Author Photo

    California Department of Financial Protection and Innovation Commissioner KC Mohseni in recent remarks demonstrated the regulator's growing importance amid the Consumer Financial Protection Bureau's retreat by debuting expansive goals for 2026, including finalizing rulemaking for the state's digital asset law and expanding enforcement authority around consumer complaints, says John Kimble at Hinshaw.

  • Series

    Trail Running Makes Me A Better Lawyer

    Author Photo

    Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.

  • Navigating New Risks Amid Altered Foreign Issuer Landscape

    Author Photo

    The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.

  • Open Questions After Defense Contractor Executive Order

    Author Photo

    The scope and long-term effects of President Donald Trump’s executive order on the U.S. defense industrial base are uncertain, but the immediate impact is significant as it appears to direct the U.S. Department of Defense to take a more active role in contractor affairs, say attorneys at Morgan Lewis.

  • Tips From Del. Decision Nixing Major Earnout Damages Award

    Author Photo

    The Delaware Supreme Court recently vacated in part the largest earnout-related damages award in Delaware history, making clear that the implied covenant of good faith and fair dealing cannot be used to rescue parties from drafting choices where the relevant regulatory risk was foreseeable at signing, say attorneys at Sullivan & Cromwell.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Securities archive.