Securities

  • March 09, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket last week featured disputes spanning alleged forged board approvals at a telecom startup, evidence-destruction claims tied to WWE's blockbuster merger with UFC and investor scrutiny of a multibillion-dollar deal between Intel and the U.S. government.

  • March 06, 2026

    Breyer Urges Attys In Heated Twitter Investor Trial To Cool Off

    The judge overseeing a California federal trial over Twitter investors' allegations that Elon Musk intentionally tanked the company's stock urged lawyers to cool down over the weekend and "gain composure," after a heated fight in which a lawyer for the investors called a Musk attorney's conduct disgraceful.

  • March 06, 2026

    Calif. Judge Blasts Ex-Venture Capitalist In Axing SVB Suit

    Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, "consisted almost entirely of ignoring or frustrating" his litigation obligations, a California federal judge ruled in throwing out the case.

  • March 06, 2026

    EisnerAmper Settles SEC Allegations Over Infinity Q Audit

    Audit firm EisnerAmper LLP will not have to pay a fine to resolve U.S. Securities and Exchange Commission allegations tied to its 2020 audit of an Infinity Q Capital Management LLC mutual fund at the center of a criminal overvaluation case.

  • March 06, 2026

    FinCEN Hits Canaccord With Record $80M Broker-Dealer Fine

    Canaccord Genuity Group Inc.'s broker-dealer arm Friday agreed to pay $80 million in settlements with three financial regulators for "widespread compliance failures" that allowed some securities fraud schemes to go undetected, with the broker-dealer admitting it willfully violated the Bank Secrecy Act.

  • March 06, 2026

    Former Calif. Securities Atty Gets Year For Tax Evasion

    A former Southern California securities attorney Friday was sentenced to a year and a day in prison for evading paying his personal taxes and was ordered to pay over $350,000 in restitution to the IRS.

  • March 06, 2026

    Polymarket Pushes For Block On Mich. Gambling Enforcement

    Polymarket US urged a Michigan federal judge to block the Great Lakes State from initiating any illegal gambling enforcement action against it, saying its prediction market exchange falls entirely under the purview of the Commodity Futures Trading Commission.

  • March 06, 2026

    SEC Ordered To Release Info On Text Messaging Sweeps

    A Florida federal judge has harshly criticized the U.S. Securities and Exchange Commission's litigation tactics as an "acute embarrassment" to the agency as he ordered it to turn over information about the penalties imposed on financial institutions whose employees discussed business information on their personal devices.

  • March 06, 2026

    Drugmaker Nektar Faces Suit Over Hair Loss Drug Trial Claims

    Pharmaceutical company Nektar Therapeutics on Friday was hit with a proposed class action accusing it of harming investors by failing to disclose the risks associated with its failure to follow protocol for enrolling participants in an unsuccessful trial for its hair loss treatment.

  • March 06, 2026

    Lost Mail Helps State Street Exit Judgment In Crypto Case

    A North Carolina federal judge undid a default judgment ruling against investment management firm State Street Global Advisors, finding the investor who sued claiming he lost $650,000 trying to transfer cryptocurrency to a digital wallet named the wrong defendant, and a summons to the firm was lost.

  • March 06, 2026

    Kalshi Is Sued Over 'Death Carveout' For Khamenei Trades

    Prediction market Kalshi defrauded traders who bet that Iran's Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, 2026, by invoking an improperly disclosed "death carveout" and refusing to pay full winnings to traders when Khamenei was killed in recent U.S. and Israeli military strikes, according to a suit in California federal court.

  • March 06, 2026

    NYSE To Pay $9M SEC Fine Over Botched Market Opening

    The New York Stock Exchange on Friday agreed to pay $9 million to the U.S. Securities and Exchange Commission following a hardware failure that caused thousands of trades to fail and dozens of stocks to be hit with price declines.

  • March 06, 2026

    Grocery Chain Strikes Deal In 401(k) Suit Revived By 2nd Circ.

    A supermarket chain told a New York federal court it has agreed to settle a proposed class action claiming the company allowed its 401(k) plan to be saddled with excessive fees, about six months after the Second Circuit partially revived the case.

  • March 06, 2026

    Boston Scientific Investor Sues Over Growth Projections

    A Boston Scientific Corp. investor has filed a proposed class action against the medical device manufacturer and its top brass, claiming they misled shareholders about the sustainability and growth trajectory of the company's electrophysiology segment while failing to disclose competitive pressures and regulatory headwinds.

  • March 06, 2026

    Miami Developer Accused Of $85M Fraud Scheme, DOJ Says

    Federal prosecutors have accused a Miami real estate developer of leading an $85 million investment fraud scheme and failing to pay both his personal income taxes and payroll taxes for his employees, the U.S. Department of Justice said Friday.

  • March 06, 2026

    Suspended Atty Can Become Paralegal After $3M Scheme

    A suspended Connecticut lawyer who pled guilty to moving $3 million in pump-and-dump stock scheme proceeds through his attorney trust account can become a paralegal under the supervision of another lawyer, according to a plan approved by a state trial court judge.

  • March 06, 2026

    Investors Accuse Alston & Bird Of Aiding $328M Crypto Fraud

    Several investors have brought a Florida federal proposed class action alleging legal malpractice against Alston & Bird LLP, accusing the law firm of drafting joint venture agreements that were used to aid a $328 million cryptocurrency scam. 

  • March 06, 2026

    Cleary Rehires Former Federal Prosecutor From Paul Weiss

    Cleary Gottlieb Steen & Hamilton LLP announced on Thursday that it has rehired a former Paul Weiss Rifkind Wharton & Garrison LLP lawyer who previously served as co-chief of the Southern District of New York's General Crimes Section.

  • March 06, 2026

    Companies In Limbo Over Calif. Climate Disclosure Laws' Fate

    Companies that do business in California are stuck in no-man's-land as the Golden State implements sweeping laws requiring disclosure of financial risks tied to climate change, at the same time the Ninth Circuit is poised to decide whether to block the laws.

  • March 06, 2026

    White & Case Adds Winston & Strawn LA Securities Litigator

    White & Case LLP is growing its West Coast team, bringing in a Winston & Strawn LLP securities litigator as a partner in its Los Angeles office.

  • March 05, 2026

    Twitter 'Lied' About Bots, Musk Says At Stock Fraud Trial

    Elon Musk continued his testimony in California federal court Thursday in litigation over Twitter investors' claims he publicly trashed the company to get a better deal on his buyout, calling Twitter's claims about bots on the platform "utterly absurd" and contending "they lied in public SEC documents repeatedly."

  • March 05, 2026

    Treasury, OPM Must Face Privacy Suit Over DOGE Info Access

    The federal government must face a proposed class action accusing it of the "largest data breach" in the nation's history, after a D.C. federal judge said Wednesday that the plaintiffs alleged factual injuries suffered from the disclosure of their most sensitive information, which are "foundational to Americans' data-driven, internet-based lives."

  • March 05, 2026

    Pharma Co. Investors Secure Class Cert. Over FDA Obstacles

    A Pennsylvania federal judge has granted certification to a group of Verrica Pharmaceuticals Inc. investors who claim the company defrauded them by hiding obstacles it faced in obtaining approval from the U.S. Food and Drug Administration for its lead product, though she made a slight change to the class definition to avoid what she called a "heads I win, tails you lose strategy."

  • March 05, 2026

    Drugmaker Aquestive Hit With Suit Over FDA Approval Delay

    Pharmaceutical company Aquestive Therapeutics Inc. has been hit with a proposed class action accusing it of harming investors by failing to disclose the likelihood that the U.S. Food and Drug Administration would delay approval of the company's drug application for its allergic reaction treatment.

  • March 05, 2026

    Chipotle Seeks To Beat Investor's Burrito-Size Beef

    Chipotle Mexican Grill says an investor suit tied to complaints about its portion sizes should be dismissed again, telling a federal judge that the plaintiff's latest attempt has failed to fix deficiencies that got the suit tossed previously and that "alleging a social media frenzy is not enough to plead securities fraud."

Expert Analysis

  • Navigating Battery Validation Risk In The EV Supply Chain

    Author Photo

    Vehicle electrification has moved battery system supply chains from a background component into the center of the automotive universe — and for legal teams, battery validation is now a driver of contractual disputes, regulatory exposure and even shareholder litigation, say Samuel Madden at Secretariat Advisors and Vanessa Miller at Foley & Lardner.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

    Author Photo

    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

    Author Photo

    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

    Author Photo

    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

    Author Photo

    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

    Author Photo

    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • 5 Compliance Takeaways From FINRA's Oversight Report

    Author Photo

    The priorities outlined in the Financial Industry Regulatory Authority's recently released annual oversight report focus on the organization's core mission of protecting investors, with AI being the sole new topic area, but financial firms can expect further reforms aimed at efficiency and modernization, say attorneys at Armstrong Teasdale.

  • How SEC Civil Penalties Became Arbitrary: 3 Potential Fixes

    Author Photo

    Data shows that the U.S. Securities and Exchange Commission's seemingly unlimited authority to levy monetary penalties on market participants has diverged far from the federal securities laws' limitations, but three reforms can help reverse the trend, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.

  • How Payments Law Landscape Will Evolve In 2026

    Author Photo

    After a year of change across the payments landscape, financial services providers should expect more innovation and the pushing of regulatory boundaries, but should stay mindful that state regulators and litigation will continue to challenge the status quo, say attorneys at Troutman.

  • How SEC Civil Penalties Became Arbitrary: The Data

    Author Photo

    Data regarding how the U.S. Securities and Exchange Commission has adhered to its own civil penalty rules over the past 20 years reveals that awards are no longer determined in accordance with the guidelines imposed on the SEC by the securities laws, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.

  • Series

    Hosting Exchange Students Makes Me A Better Lawyer

    Author Photo

    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

  • How SEC Civil Penalties Became Arbitrary: The Framework

    Author Photo

    An examination of how the U.S. Securities and Exchange Commission has recently applied guidelines governing the imposition of monetary penalties in enforcement actions shows that civil penalty awards in many cases are inconsistent with the rules established to structure them, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.

  • 2026 Int'l Arbitration Trends: M&A And Securities Disputes

    Author Photo

    Recent developments — such as the high-profile arbitration between ExxonMobil and Chevron, and the U.S. Securities and Exchange Commission's shift on its long-standing opposition to mandatory arbitration clauses in registration statements — highlight key issues to consider when drafting relevant agreements and arbitrating M&A disputes, say attorneys at Cleary.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

    Author Photo

    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • What Productivity EO May Mean For Defense Industrial Base

    Author Photo

    President Donald Trump’s recent executive order barring stock buybacks and dividend payments by "underperforming" defense contractors represents a significant policy shift from traditional oversight of the defense industrial base toward direct intervention in corporate decision-making, say attorneys at Holland & Knight.

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.