Securities

  • January 02, 2026

    Mangione, Trump, Sports Scandals Among NY Cases To Watch

    The coming year's major developments in New York courts include politically charged criminal cases with ties to President Donald Trump, gambling investigations that have snared high-profile athletes and charges against murder suspect Luigi Mangione.

  • January 02, 2026

    Benefits Attys Lock In On High Court As 2026 Gets Underway

    A withdrawal liability case set to be argued at the U.S. Supreme Court in January and a pair of high court petitions from Home Depot workers and Parker-Hannifin will be top of mind for Employee Retirement Income Security Act practitioners as the new year kicks off. Here's a look at those three cases.

  • January 01, 2026

    Blue Slip Fight Looms Over Trump's 2026 Judicial Outlook

    In 2025, President Donald Trump put 20 district and six circuit judges on the federal bench. In the year ahead, a fight over home state senators' ability to block district court picks could make it more difficult for him to match that record.

  • January 01, 2026

    4 High Court Cases To Watch This Spring

    The U.S. Supreme Court justices will return from the winter holidays to tackle several constitutional disputes that range from who is entitled to birthright citizenship to whether transgender individuals are entitled to heightened levels of protection from discrimination. 

  • January 01, 2026

    BigLaw Leaders Tackle Growth, AI, Remote Work In New Year

    Rapid business growth, cultural changes caused by remote work and generative AI are creating challenges and opportunities for law firm leaders going into the New Year. Here, seven top firm leaders share what’s running through their minds as they lie awake at night.

  • December 23, 2025

    SEC, FAT Brands Near Deal In Suit On CEO's $27M Loan Scam

    Restaurant franchiser FAT Brands, its former CEO and other executives told a California federal judge on Tuesday that they reached a deal to resolve the U.S. Securities and Exchange Commission's civil claims that they ran an illegal $27 million personal-loan scheme to fuel the former CEO's lavish lifestyle as the public company floundered.

  • December 23, 2025

    AmTrust Says Robbins Geller Is Causing Investor Suit Delays

    Insurance company AmTrust accused Robbins Geller Rudman & Dowd LLP on Monday of being "asleep at the wheel" and causing discovery failures in an investor suit in New York federal court accusing the insurer of making financial misrepresentations related to its IPO, which AmTrust argues makes the firm inadequate for lead counsel appointment.

  • December 23, 2025

    Full 9th Circ. Won't Hear Ex-Theranos Exec Balwani's Appeal

    A Ninth Circuit panel rejected ex-Theranos executive Ramesh "Sunny" Balwani's en banc hearing request to reconsider his 12-count conviction and nearly 13-year prison sentence, while also amending its opinion to clarify that there was "ample evidence" to convict Balwani, even if prosecutors failed to correct a witness's testimony.

  • December 23, 2025

    AdaptHealth To Pay Investors $35M To End Inflated-Sales Suit

    Medical device provider AdaptHealth Corp. has agreed to pay $35 million to settle a lawsuit accusing it of deceiving shareholders about its revenue projections as it "routinely engaged in improper and unethical tactics to inflate sales numbers." 

  • December 23, 2025

    OCC Wants 'Heightened Standards' Only For Biggest Banks

    The Office of the Comptroller of the Currency on Tuesday said it is moving to amend its heightened standards guidelines for insured national banks to decrease the number of lenders subject to the toughest standards from 38 to eight.

  • December 23, 2025

    CFPB Says Earned Wage Access Products Aren't Loans

    The Consumer Financial Protection Bureau has determined that "earned wage access" products are generally not considered credit covered by the Truth in Lending Act, while withdrawing a Biden-era proposed interpretive rule that would have identified all such products as credit.

  • December 23, 2025

    Klarna Faces Investor Alleging IPO Risk Misrepresentations

    Klarna Group PLC has been hit with a proposed class action from an investor alleging the payments company damaged shareholders by failing to disclose the risks of its "buy now, pay later" loans typically issued to financially insecure consumers ahead of its initial public offering earlier this year.

  • December 23, 2025

    Conn. Judge Halts Deutsche Bank's Norway Suit Against Viks

    A Connecticut state judge has granted a temporary injunction blocking Deutsche Bank AG from pursuing a lawsuit against billionaire Alexander Vik and his daughter in Norway, and separately struck the Viks' claim for a broader injunction to prevent Deutsche Bank from suing them again over a judgment in an English court.

  • December 23, 2025

    Federal Agencies Urge 9th Circ. To Lift Layoff Freeze

    The U.S. government urged the Ninth Circuit to stay a court order barring agencies from laying off workers through next month under the shutdown deal, saying the court intruded on federal labor panels' territory and the funding resolution didn't bar layoffs agencies had in the works.

  • December 23, 2025

    Top Delaware Chancery Cases Of 2025: A Year-End Report

    The Delaware Chancery Court closed out 2025 amid a period of institutional uncertainty, as landmark cases addressing fiduciary duty, executive compensation, board oversight and the limits of equitable power unfolded against the backdrop of sweeping legislative changes to the Delaware General Corporation Law.

  • December 23, 2025

    Notable Pennsylvania Legislation Of 2025

    Pennsylvania's much-delayed 2025 budget bill contained some big public-policy changes like ending a carbon cap-and-trade program, offering an $800 income tax credit and providing stopgap funding for mass transit, even as its domination of the state Legislature's time prevented much else from passing, attorneys told Law360 in reviewing major laws that passed in the last year.

  • December 23, 2025

    Car Services Co. Inks $25M Deal In Securities Suit

    Driven Brands Holdings Inc. has agreed to pay $25 million to resolve allegations that the company and certain executives misled investors by overstating the success of the integration of its glass repair acquisitions and performance of its car wash businesses.

  • December 23, 2025

    Pot Investors Say Collective Mishandled Profits And Funds

    A pair of investors is suing the managers of a cannabis retail collective in California state court, alleging that they have been diverting funds and failing to properly distribute profits, instead using them to prop up their own businesses and enrich themselves.

  • December 22, 2025

    JPMorgan Rips Javice Attys' 'Absurd' Bills For Candy, Booze

    JPMorgan has unveiled new details in its ongoing legal fee fight with Charlie Javice, accusing the convicted financial aid startup founder's Quinn Emanuel defense counsel and other firms of billing for "absurd" and "outrageous" expenses, including specialty cocktails, cellulite butter, a Cookie Monster toy and $530 on gummy bears.

  • December 22, 2025

    Fidelity National Agrees To $210M WorldPay Merger Suit Deal

    Fidelity National Information Services has agreed to a $210 million settlement that resolves a proposed class of investors' claims that the fintech misrepresented the success prospects of its multibillion-dollar acquisition of payment processor Worldpay, according to an unopposed motion seeking a Florida federal court's preliminary approval of the deal.

  • December 22, 2025

    Catching Up With Delaware's Chancery Court

    Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.

  • December 22, 2025

    DOJ, SEC Charge 6 In $41M Insider Trading Scheme

    Federal prosecutors in New Jersey have charged six people in connection with what the government is alleging are securities fraud schemes that led to at least $41 million in illicit profits from insider trading, as well as gains from manipulating the stock prices of biopharmaceutical companies.

  • December 22, 2025

    PayPal Pares Bias Suit Over Minority-Focused Economic Fund

    A New York federal judge trimmed down a venture capital firm CEO's lawsuit accusing PayPal of discriminating against Asian Americans in a $500 million economic opportunity fund for Black- and minority-led businesses in 2020, allowing two claims against the financial technology company to go forward while tossing a couple of others.

  • December 22, 2025

    Rivian Shareholder Sues Top Brass Over Post-IPO Pricing

    Executives and directors of Rivian Automotive Inc. were hit with an investor's derivative suit accusing them of damaging the company by hiding that its flagship electric vehicles were far more expensive to build than advertised, making price hikes after its initial public offering inevitable.

  • December 22, 2025

    CFTC Acting Chair Departs As New Leader Sworn In

    The U.S. Commodity Futures Trading Commission's acting chair said Monday she would leave the agency at the end of the day, an announcement that followed the approval of her successor and her previous announcement that she is taking a role at a cryptocurrency company.

Expert Analysis

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • How The Genius Act May Aid In Fight Against 'Pig Butchering'

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    ​​​​​​​The recently enacted Genius Act represents a watershed moment in the fight against crypto fraud, providing new tools to freeze and recover funds that are lost to scams such as "pig butchering" schemes executed from scam factories abroad, but there are implementation challenges to watch, say attorneys at Treanor Devlin.

  • Traditional Venue Theories May Not Encompass Crypto Fraud

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    A New York federal court's recent decision in U.S. v. Eisenberg, overturning a jury verdict against a crypto trader on venue deficiencies and insufficient evidence, highlights the challenges of prosecutions in the decentralized finance space, and will no doubt curtail law enforcement's often overly expansive view of jurisdiction and venue, say attorneys at Venable.

  • A Shifting Trend In FDA Form 483 Disclosure Obligations

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    A New York federal court's Checkpoint Therapeutics decision extends a recent streak of dismissals of securities class actions alleging that pharmaceutical companies failed to disclose U.S. Food and Drug Administration Form 483 inspection reports, providing critical guidance for companies during the FDA approval process, say attorneys at Alston & Bird.

  • Filing Clarifies FTC, DOJ's Passive Investment Stance

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    The antitrust agencies' statement of interest filed in Texas v. Blackrock clarifies that certain forms of corporate governance engagement are permissible under the "solely for investment" exemption, a move that offers guidance for passive investors but also signals new scrutiny of coordinated engagement, say attorneys at Stinson.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

  • Genius Act Sets Stablecoin Standards — Without Regulation E

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    While the Genius Act expressly requires payment stablecoin issuers to be treated as financial institutions for purposes of the Bank Secrecy Act, it is notably silent as to whether they are to be treated as such under the Electronic Fund Transfer Act, as implemented by Regulation E, says Tom Witherspoon at Stinson.

  • Assessing Federal Securities Class Action Stats In '25 So Far

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    The settlement amount as a percentage of damages in securities class actions has continued to decline in the first half of 2025, a trend that may be important for assessing exposure and risk in future securities litigation, say analysts at Analysis Group.

  • NY Tax Talk: ALJ Vacancy, Online Sales, Budget

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    Among the most notable developments in New York tax law last quarter, an administrative law judge vacancy continued affecting taxpayers, a state court decision tested the scope of the Interstate Income Act, and Gov. Kathy Hochul signed the 2025-2026 fiscal budget containing key tax-related provisions, say attorneys at Eversheds Sutherland.

  • Series

    Quilting Makes Me A Better Lawyer

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    Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

  • How Tariffs Can Affect Event Studies In Securities Litigation

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    When the control period is calm and the event window is stormy — often the case with breaking political or economic developments, like President Donald Trump's recent tariff announcements — traditional event study methodology can increase the risk of misleading conclusions in securities litigation, say economic consultants at NERA.

  • What To Expect From 401(k) Plan Alternative Assets Order

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    The executive order this month making it easier for retirement plans to invest in alternative assets, including private equity, real estate and digital assets, marks a watershed moment for democratizing access to private markets, but the U.S. Department of Labor's anticipated formal rulemaking will also be impactful, say attorneys at Simpson Thacher.

  • How AI Is Easing Digital Asset Recovery In Fraud Cases

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    In combination with recent legislation and a maturing digital asset infrastructure, artificial intelligence tools are making it easier to recover stolen assets, giving litigants a more specific understanding of financial fraud earlier in the process and making it economically feasible to pursue smaller fraud claims, says Solomon Shinerock at Lewis Baach.

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • Despite SEC Reset, Private Crypto Securities Cases Continue

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    While the U.S. Securities and Exchange Commission under the Trump administration has charted a new approach to crypto regulation, the industry still lacks comprehensive rules of the road, meaning private plaintiffs continue to pursue litigation, and application of securities laws to crypto-assets will be determined by the courts, say attorneys at Skadden.

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