Securities

  • March 13, 2026

    ROSS Says Anthropic Case Supports 3rd Circ. IP Appeal

    An artificial-intelligence-based legal search engine appealing a finding that its use of Thomson Reuters' Westlaw headnotes did not constitute fair use has pointed to arguments in a separate case it says supports the idea that AI training is connected to national security.

  • March 13, 2026

    Judge Says Kalshi Can't Halt Nev. Betting Suit For Venue Fight

    Kalshi must continue fighting Nevada's gaming enforcement action in state court as it pursues an appeal to litigate in federal court, a Nevada federal judge ruled, saying "litigating in state court is not a harm, let alone an irreparable harm."

  • March 13, 2026

    SEC Drops Fraud Case Against Crypto Co. BitClout Founder

    The U.S. Securities and Exchange Commission has said it is walking away from its case against the founder of cryptocurrency project BitClout that accused the founder of lying to investors about a $257 million unregistered securities sale and spending millions of proceeds for his own benefit.

  • March 13, 2026

    Cohen & Buckmann Hires Holland & Knight Benefits Partner

    Cohen & Buckmann PC has hired a longtime Holland & Knight LLP partner who will oversee the firm's mergers and acquisitions benefits support work and continue her executive compensation practice.

  • March 13, 2026

    DC Judge Blocks Subpoenas Targeting Fed's Powell

    A Washington, D.C., federal judge has blocked a pair of subpoenas tied to the U.S. Department of Justice's criminal investigation into Federal Reserve Chair Jerome Powell, finding they were improperly issued with the aim of harassing the central bank chief in a ruling that is reverberating on Capitol Hill.

  • March 13, 2026

    Hong Kong Seeks Easier Listing Rules To Spur IPOs

    The Hong Kong Stock Exchange on Friday proposed an array of new initial public offering rules in order to attract more listings, including lowering thresholds for companies that have a dual-class structure.

  • March 12, 2026

    Musk Banker Tells Jury Twitter Held Up Takeover Deal

    An ex-Morgan Stanley banker who advised Elon Musk on his $44 billion Twitter acquisition testified Thursday in a trial seeking billions for investors claiming Musk tanked the social media company's stock to disrupt the takeover, saying Twitter was the one that obstructed the deal.

  • March 12, 2026

    Celsius Accuses Fireblocks Of 'Staggering' Crypto Negligence

    The Chapter 11 plan administrator for defunct cryptocurrency platform Celsius Network urged a New York bankruptcy judge Wednesday to order Fireblocks to respond to discovery demands over the cybersecurity company's alleged "staggering negligence" that led to the destruction of cryptographic keys and the loss of Ethereum tokens worth tens of millions of dollars.

  • March 12, 2026

    FDIC Owns SVB Insurance Claims, Court Told

    The Federal Deposit Insurance Corp., as receiver for Silicon Valley Bank after its historic collapse in early 2023, is entitled to recover on what could be tens of millions of dollars in financial institution bond proceeds, the FDIC's counsel told a North Carolina federal court Thursday.

  • March 12, 2026

    Orthopedics Co. Investors See Merger Claims Trimmed

    Orthofix Medical Inc. must face claims that it failed to tell investors that a company it was merging with recently settled class action discrimination allegations, but will not have to face some securities fraud allegations, a Texas federal judge has ruled.

  • March 12, 2026

    Fed's Bowman Previews Plan To Rewrite Bank Capital Rules

    Federal Reserve Vice Chair for Supervision Michelle Bowman said Thursday that federal regulators will move next week to propose a sweeping overhaul of U.S. bank capital rules, previewing changes that are expected to result in a "modest" net easing for larger banks.

  • March 12, 2026

    Lawmakers Seek Clarity On Trump's Stock Buyback Order

    Four Democratic lawmakers have called on President Donald Trump and U.S. Department of Defense Secretary Pete Hegseth to provide clarity on how they plan to enforce a recent executive order barring defense contractors from buying back their stock or paying shareholder dividends if they are underperforming on their contracts. 

  • March 12, 2026

    DOJ Wants Morgan Stanley, DOL Opinion Dispute Tossed

    The U.S. government has moved to dismiss a suit from former Morgan Stanley financial advisers challenging a U.S. Department of Labor advisory opinion that said the bank's deferred compensation plans likely aren't covered by federal benefits law, with the advisers responding by saying the agency's finding is hurting them because the bank is using it in arbitration proceedings.

  • March 12, 2026

    Insurer Asks NC Justices To Free It From Captive Carrier Row

    A Georgia insurance company told North Carolina's highest court that the state's Business Court doesn't have jurisdiction over it in a shareholder dispute over the demise of a defunct captive insurer, arguing it had nothing to do with the supposed bad acts of its individual members.

  • March 12, 2026

    NJ AG Fines Firm $375K For Lax Fraud Prevention Procedures

    Broker-dealer Network 1 Financial Securities Inc. will pay nearly $400,000 to settle claims from the New Jersey attorney general that its procedures related to anti-money laundering, customer identity verification and market abuse prevention were ineffectively established and performed.

  • March 12, 2026

    UBS Whistleblower Suit Ends In Settlement After Retrial Order

    A New York federal judge on Thursday dismissed a fired UBS worker's whistleblower retaliation lawsuit after the parties reached a settlement in principle earlier this week, ending a long-running case that was revived by the U.S. Supreme Court and saw the judge order a retrial last month.

  • March 12, 2026

    Feds Rip 'Incoherent' SBF Claim Of Political Weaponization

    Federal prosecutors fired back at convicted FTX founder Sam Bankman-Fried's pro se bid for a new trial as a "transparent attempt" to further allegedly false narratives that his collapsed crypto exchange was solvent, and he was a victim of political retribution.

  • March 12, 2026

    UiPath Execs Hid Risks, Ditched $394M+ In Stock, Suit Alleges

    A UiPath Inc. shareholder has filed a derivative lawsuit in Delaware Chancery Court accusing the company's top executives and directors of misleading investors about slowing growth and intensifying competition in the robotic process automation market while insiders sold hundreds of millions of dollars' worth of stock.

  • March 12, 2026

    Democrats Vow To Oversee DOJ's Reported Binance Inquiry

    Three Democratic U.S. senators said Thursday that they will oversee a reported investigation by the U.S. Department of Justice into potential Iran sanctions violations carried out on the cryptocurrency exchange Binance.

  • March 12, 2026

    Cogent CEO's Stock Pledges Spark Derivative Suit

    The CEO and board members of internet service provider Cogent Communications Holdings Inc. face shareholder derivative claims the CEO improperly collateralized his commercial real estate portfolio with his stake in the company, causing trading prices to plummet when he was forced to sell off those shares amid financial distress.

  • March 12, 2026

    Epilepsy Drugmaker's Statements Insulated From Stock Suit

    A Pennsylvania federal judge has trimmed a shareholder class action against Marinus Pharmaceuticals alleging it misled investors about the probability of success of an epilepsy drug, ruling that certain statements made by company leadership were immunized by the Private Securities Litigation Reform Act.

  • March 12, 2026

    Investors Sue Florida Trading 'Savant' Over Ponzi-Style Fraud

    Investors sued a self-styled foreign exchange trading "savant" claiming he solicited millions from friends and relatives that were meant to be pooled into legitimate investments but were instead funneled into a Ponzi scheme.

  • March 12, 2026

    PayPal Execs Hit With Derivative Suit Over 2027 Forecast

    PayPal executives and directors were hit with a shareholder's derivative suit accusing them of damaging the company with comments about the strong growth trajectory for its branded checkout segment that the investor said turned out to be untrue.

  • March 12, 2026

    Trip.com, Execs Downplayed China Monopoly Risks, Suit Says

    One-stop travel service provider Trip.com and its executives "recklessly understated" to shareholders the risks of their business activities running afoul of China's antimonopoly laws, according to a new proposed class action in New York federal court.

  • March 12, 2026

    Kalshi Appeals Ohio Ruling On Sports Contracts To 6th Circ.

    Kalshi plans to ask the Sixth Circuit to overturn a lower court's refusal to grant it an injunction that would shield its sports betting contracts from scrutiny in Ohio.

Expert Analysis

  • What Clarity Act Delay Reveals About US Crypto Regulation

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    The Senate Banking Committee's decision to delay markup of the Clarity Act, which would establish a comprehensive federal framework for digital assets, illuminates the political and structural obstacles that shape U.S. crypto regulation, despite years of bipartisan calls for regulatory clarity, says David Zaslowsky at Baker McKenzie.

  • How Latest Nasdaq Proposals Stand To Raise Listings Quality

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    Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.

  • Weathering FINRA's Scrutiny Of Foreign Small-Cap Issuers

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    To prepare for the Financial Industry Regulatory Authority's recently announced targeted examinations, broker-dealers and firms that assist with IPOs abroad should consult years of FINRA guidance on managing the money-laundering and fraud risks inherent to foreign small-capitalization offerings, say Michael Watling and Elika Mohebbi at Seward & Kissel.

  • How Attorneys Can Navigate Shifts In Financing Landscape

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    Direct government investment in companies in strategic sectors is expected to continue this year, with legal practitioners facing increased demands to navigate hybrid capital structures, evolving regulatory considerations and the alignment of financing terms with long-term business and strategic objectives, say attorneys at Skadden.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.

  • Series

    Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • Takeaways From The DOJ Fraud Section's 2025 Year In Review

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    Former acting Principal Deputy Chief Sean Tonolli of the U.S. Department of Justice's Fraud Section, now at Cahill Gordon, analyzes key findings from the section’s annual report — including the changes implemented to adapt to the new administration’s priorities — and lays out what to watch for this year.

  • What An Uptick In Shareholder Activism Means For Banking

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    With increasing bank M&A activity, activists are becoming more focused on larger banking institutions, but there are ways banks can begin to prepare in case they need to defend against activist campaigns, say attorneys at Debevoise.

  • Anticipating The SEC's Cybersecurity Focus After SolarWinds

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    While the U.S. Securities and Exchange Commission's recent voluntary dismissal of its enforcement action against SolarWinds Corp. and its chief information security officer marks a significant victory for the defendants, it does not mean the SEC is done bringing cybersecurity cases, say attorneys at MoFo.

  • How Selig May Approach CFTC Agricultural Enforcement

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    As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.

  • How 3 CFTC Letters Overhauled Digital Asset Guidance

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    The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

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