Securities

  • October 22, 2025

    Unions Pursue More Protection For Federal Workers In Shutdown

    Eight unions asked a California federal judge to step up the level of protection she provided to thousands of federal workers' jobs during the government shutdown, urging her to expand the number of jobs she's protecting and turn a temporary restraining order into a preliminary injunction.

  • October 22, 2025

    Straight Path Class Attys Appeal $1.2B Damage Claim Toss

    An attorney for Straight Path Communications shareholders told Delaware's justices Wednesday the state Supreme Court should revive a $1.2 billion claim tied to company controller Howard Jonas' allegedly self-interested role in shutting down a board special committee's pursuit of damages against him.

  • October 22, 2025

    Crypto Exchange FalconX Snags ETP Provider 21shares

    Digital asset brokerage FalconX on Wednesday unveiled plans to buy cryptocurrency exchange-traded funds and products provider 21shares, a move that comes just over a month after the U.S. Securities and Exchange Commission eased listing standards for crypto ETPs.

  • October 22, 2025

    NC Biz Court Bulletin: COVID Coverage, A Suspect Signature

    The North Carolina Business Court has rounded the corner into fall with insurance disputes over COVID-19 coverage at a chain of outlet malls and the theft of over $900,000 in legal THC reportedly stolen from a warehouse in the Southwest.

  • October 22, 2025

    NHL Embraces Prediction Market With Kalshi, Polymarket Deals

    The National Hockey League on Wednesday announced it had entered "landmark" multiyear agreements with Polymarket and Kalshi following a recent surge in the popularity of prediction market platforms, which have also faced several recent legal challenges.

  • October 22, 2025

    16-Year CFTC Atty Joins Orrick's DC Finance Team As Partner

    A veteran Commodity Futures Trading Commission lawyer who most recently served as an associate director has joined Orrick Herrington & Sutcliffe LLP in Washington, D.C., as former lawyers from the agency move to new roles months after a round of layoffs.

  • October 21, 2025

    Citadel Securities Asks 11th Circ. To Scope SEC's IEX Order

    Citadel Securities has petitioned the Eleventh Circuit to review the U.S. Securities and Exchange Commission's recent approval of a new options exchange called IEX Options, following a comment letter the broker-dealer sent to the regulator stating that IEX "seeks approval for an unprecedented quote-canceling scheme in the U.S. options market."

  • October 21, 2025

    Crypto Trader Says He Thought MIT Bros.' $25M Win Was Legit

    A former quantitative trader for two MIT-educated cryptocurrency entrepreneurs told a Manhattan federal jury Tuesday he didn't believe at the time that they were doing anything illegal when executing a strategy to obtain $25 million at the expense of other traders on the Ethereum blockchain.

  • October 21, 2025

    Chancery Mulls 'Sufficiency' Ruling In Squarespace Doc Suit

    An attorney for a former stockholder of website hosting venture Squarespace Inc. told a Delaware vice chancellor Tuesday that the Chancery Court's senior magistrate erred in declining to order a release of emails for a books and records investigation focused on the company founder's role in a $7.2 billion take-private sale.

  • October 21, 2025

    2nd Circ. Weighs Reviving Signature Bank Investor Suit

    The Second Circuit quizzed an FDIC attorney Tuesday over the agency's ability to stop Signature Bank's former shareholders from suing following the bank's collapse, with the judges considering whether to revive a lawsuit accusing Signature's brass and its outside auditor of failing to warn investors about its liquidity problems.

  • October 21, 2025

    Ex-Crypto Exec Claims Stablecoin Venture Betrayed Him

    A former executive of a cryptocurrency company has launched a Delaware Chancery Court suit accusing its controlling members of fraudulently coercing him into signing away his rights and then usurping the company's planned stablecoin venture for themselves, breaching their fiduciary and contractual duties to both him and the firm.

  • October 21, 2025

    Ex-FBI Informant Gentile, Firm Now On Hook For $19M To SEC

    A onetime FBI informant and his shuttered, unregistered broker-dealer owe over $19 million total in disgorgement, prejudgment interest and civil penalties after the U.S. Securities and Exchange Commission recalculated its interest requests, a Miami federal judge has determined.

  • October 21, 2025

    Investors Tell Chancery CytoDyn Board Ignored Drug Scheme

    Stockholders of CytoDyn Inc. have filed a consolidated derivative complaint in the Delaware Chancery Court, accusing the company's leadership of wrongfully refusing to investigate and sue its former CEO and others over an aligned scheme to mislead investors about the company's flagship drug.

  • October 21, 2025

    CFTC's Pham Expects Spot Crypto Trading By End Of Year

    Acting U.S. Commodity Futures Trading Commission Chair Caroline Pham said Tuesday the agency is moving quickly to implement the White House's recommendations for enabling digital asset trading and innovation, with listed spot crypto trading expected to go live this year.

  • October 21, 2025

    Wilson Sonsini Adds Cooley Capital Markets Pro In Calif.

    Wilson Sonsini Goodrich & Rosati PC continues adding Cooley LLP attorneys to its corporate team, announcing Tuesday it is bringing in a capital markets expert as a partner in its San Francisco office.

  • October 21, 2025

    Coinbase Pays $375M For Echo Amid 'Full-Stack' Crypto Push

    Coinbase said Tuesday it has acquired blockchain fundraising platform Echo for approximately $375 million, as the cryptocurrency giant makes its latest push to create a "full-stack" solution for crypto investors.

  • October 21, 2025

    NY Atty Blames Another Lawyer For AI-Faked Case Citations

    A New York attorney on Tuesday denied ever having used artificial intelligence in his law practice and said the fake, AI-hallucinated cases cited in a motion to dismiss a case against his client were prepared by another attorney.

  • October 21, 2025

    Cleary Adds Proskauer Funds Atty Amid Changing Market

    Cleary Gottlieb Steen & Hamilton LLP has hired a new global funds group attorney in Washington, D.C., who is joining the team from Proskauer Rose LLP as retail and private investment markets continue evolving, the firm announced Monday.

  • October 20, 2025

    Penny Stock Trader Wants New 'Scalping' Trial After SEC Loss

    A man found liable on U.S. Securities and Exchange Commission claims he earned at least $2.5 million by buying, hyping, and then selling penny stocks in a "scalping" scheme has asked a New York federal judge for a new trial, saying the verdict form unfairly lumped his civil charges together.

  • October 20, 2025

    OCC Chief Says Stablecoin Drain Wouldn't 'Happen Overnight'

    A top U.S. banking regulator on Monday downplayed concerns that future growth in interest-earning payment stablecoins could bleed banks of deposits, saying any such shift would be gradual and closely watched by regulators, not a sudden shock to the system.

  • October 20, 2025

    States Urge Del. High Court To Reject Jarkesy Challenge

    State regulators are asking the Delaware Supreme Court to reject an oil-and-gas company's call to apply a recent U.S. Supreme Court decision to state-level securities fraud actions, arguing that a ruling in the company's favor could have "ripple effects" on other states' abilities to pursue alleged fraudsters via administrative courts.

  • October 20, 2025

    Green Dot Investors Seek First OK For $40M Settlement

    Shareholders of financial technology company Green Dot are seeking an initial nod for their $40 million deal ending proposed class action claims accusing the company of concealing declining prepaid card sales amid competition from digital banking alternatives.

  • October 20, 2025

    5th Circ. Affirms Fraud Conviction Of Failed Bank's Ex-CEO

    A Fifth Circuit panel upheld the conviction of former First NBC Bank CEO Ashton J. Ryan Jr., who was sentenced to 14 years in prison and ordered to pay $215 million in restitution after a jury found him guilty of bank fraud and conspiracy related to the collapse of the Louisiana bank.

  • October 20, 2025

    Chemical Co. To Tap Compliance Chief In Investor Suit Deal

    Shareholders who sued Origin Materials leaders for allegedly concealing a three-year construction delay affecting a planned production facility have urged a California federal court to greenlight a nonmonetary settlement that would see the sustainable chemical manufacturer appoint a chief compliance officer, among other things.

  • October 20, 2025

    Biotech Co. Asks SEC For Emergency Delisting Pause

    Chinese biotechnology company Shineco Inc. has asked the U.S. Securities and Exchange Commission for an emergency stay of Nasdaq's suspension and delisting of its securities, arguing it will likely succeed in its pending appeal to the stock exchange.

Expert Analysis

  • Parenting Skills That Can Help Lawyers Thrive Professionally

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    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.

  • Series

    Teaching Trial Advocacy Makes Us Better Lawyers

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    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.

  • The Crucial Question Left Unanswered In EpicentRx Decision

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    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.

  • MIT Bros.' Crypto Charges Provide Fraud Test Case For Gov't

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    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.

  • Why EpicentRx Ruling Is A Major Win For Business Certainty

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    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.

  • How Sustainability Reporting Changed In The 1st Half Of 2025

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    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.

  • 9th Circ. Finding That NFTs Are Goods Will Change TM Law

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    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.

  • Series

    Adapting To Private Practice: From Texas AUSA To BigLaw

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    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.

  • Lessons From Liberty Mutual FCPA Declination

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    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.

  • 3 Rulings Show Hurdles To Proving Market Manipulation Fraud

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    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.

  • Drafting M&A Docs After Delaware Corp. Law Amendments

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    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.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    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.

  • Untangling 'Debanking' Exec Order And Ensuing Challenges

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    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.

  • Patterns And Trends In Publicly Filed Insider Trading Policies

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    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.

  • Series

    Coaching Cheerleading Makes Me A Better Lawyer

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    At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.

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