Securities

  • November 14, 2025

    'Predator' Gets 37 Years For Post-Commutation Ponzi Scheme

    Convicted fraudster Eliyahu "Eli" Weinstein was sentenced to 37 years in federal prison on Friday for orchestrating a multimillion-dollar Ponzi scheme that began as the "ink dried" on a presidential commutation signed by President Donald Trump at the end of his first presidential term.

  • November 14, 2025

    MVP: Latham's Jeff Hammel

    Jeff Hammel of Latham & Watkins LLP's securities litigation practice won three cases in one day in March, notching a distinctive career milestone and earning a place among the 2025 Law360 Securities MVPs.

  • November 14, 2025

    6 Firms Guide Warburg Pincus-Led $1.4B ECN Capital Buyout

    Toronto-based ECN Capital Corp. announced that it has agreed to be taken private by an investor group led by Warburg Pincus, in an all-cash transaction valuing the specialty finance company at roughly 1.9 billion Canadian dollars ($1.4 billion).

  • November 14, 2025

    Richards Layton Seeks $36M In Home-Health Poaching Case

    Richards Layton & Finger PA asked the Delaware Chancery Court to award $36.04 million in attorneys' fees and expenses following a poaching case involving home health and hospice companies, arguing that the defendants' pervasive bad-faith conduct requires full fee-shifting under the court's 2024 posttrial ruling.

  • November 14, 2025

    SEC's Atkins Turns A Critical Lens On BlackRock, Vanguard

    U.S. Securities and Exchange Commission Chairman Paul Atkins said Friday morning that his agency is working to rein in large institutional asset managers like BlackRock and Vanguard that "get out of line" by trying to influence management decisions.

  • November 13, 2025

    As Backlogged SEC Reopens, Attys Jostle To 'Get In Line'

    Thousands of U.S. Securities and Exchange Commission employees who were sent home last month finally returned to their offices Thursday, and experts say it will likely take at least a month for them to catch up with a backlog of casework and submissions for initial public offerings.

  • November 13, 2025

    Trump To Pardon UK Billionaire Lewis For Insider Trading

    President Donald Trump has agreed to pardon 88-year-old British billionaire Joseph Lewis, who was sentenced to three years of probation for feeding nonpublic stock tips to his girlfriend and private-jet pilots.

  • November 13, 2025

    Coinbase Counsel's DExit Letter Triggers Class Atty Pushback

    A Grant & Eisenhofer PA principal has challenged Coinbase Global Inc.'s continued limiting of public disclosures in a Delaware Court of Chancery suit alleging insider trading ahead of a stock plunge, after the company told the U.S. Securities and Exchange Commission Wednesday it will recharter in Texas.

  • November 13, 2025

    2nd Circ. Revives Bright Health Investors' Pandemic Suit

    The Second Circuit on Thursday revived a suit alleging healthcare management services company Bright Health Group Inc. misled investors in its 2021 initial public offering about its anticipated costs during the COVID-19 pandemic, finding that the complaint plausibly alleged the defendants hid preexisting operational issues and risks.

  • November 13, 2025

    OCC Must Deny Sony Bank's Crypto Charter Bid, Critics Say

    Banking and community interest groups are urging the Office of the Comptroller of the Currency to reject Sony Bank's bid to charter a cryptocurrency-focused offshoot, warning it could exceed the agency's authority and risk skirting longstanding banking system safeguards.

  • November 13, 2025

    9th Circ. Grills Casino, Insurer Over COVID-19 Coverage Row

    A Ninth Circuit panel sharply questioned a Las Vegas casino and resort and its insurer on Thursday over their dispute concerning whether losses from the COVID-19 pandemic can be considered a covered damage or loss to property.

  • November 13, 2025

    SEC's Northeast Deputy Enforcement Head To Depart Agency

    The U.S. Securities and Exchange Commission announced Thursday that the deputy director of the enforcement division for the Northeast will leave the agency, following stints as the regional director of the New York office and acting deputy director of the enforcement division.

  • November 13, 2025

    Water Co. Investor Says Merger Erased $2B In Value

    The parent company of water brands Alhambra and Crystal Springs was hit with a proposed class suit alleging it misled investors about a June 2024 merger that triggered a $2 billion market capitalization loss.

  • November 13, 2025

    Davis Polk, Skadden Guide Grayscale IPO Filing

    Digital currency investment platform Grayscale Investments Inc. indicated plans for an initial public offering in a November securities filing prepared by Davis Polk & Wardwell LLP and Skadden Arps Slate Meagher & Flom LLP.

  • November 13, 2025

    EngageSmart Deal 'Screams' Disclosure Failures, Atty Says

    The record surrounding payment venture EngageSmart Inc.'s $4 billion take-private sale to affiliates of Vista Equity Partners LLC "screams" transparency shortfalls on the part of company directors and others, an attorney for stockholders who challenged the deal in Delaware's Court of Chancery told a vice chancellor on Thursday.

  • November 13, 2025

    Fed Frees SocGen, ICBC From 2018 Enforcement Orders

    The Federal Reserve said Thursday it has lifted a pair of 2018 consent orders against Société Générale SA and Industrial and Commercial Bank of China, ending long-running enforcement actions tied to alleged sanctions violations at the former and alleged anti-money-laundering deficiencies at the latter.

  • November 13, 2025

    Chancery Presses Fox, Investors To End Discovery Fight

    The Delaware Chancery Court pressed Fox Corp. and a coalition of public pension plaintiffs Thursday to break a stalemate over the scope of summary judgment discovery, signaling neither side will be allowed to bottleneck the consequential inquiry into director Jacques Nasser's independence from Fox founder Rupert Murdoch.

  • November 13, 2025

    Deutsche Bank Denies Forum Shopping In Norway Vik Suit

    Deutsche Bank AG pushed back Thursday against an allegation that its lawsuit targeting billionaire Alexander Vik and his daughter in Norway is an "egregious exercise of international forum shopping," urging a Connecticut state court not to order an end to the foreign litigation arising from an asset sale.

  • November 13, 2025

    Silvergate Bank Parent Gets OK For Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday approved the Chapter 11 plan of the parent company of failed cryptocurrency-focused Silvergate Bank after hearing the company had resolved all objections to the proposal.

  • November 13, 2025

    MVP: Labaton Keller's Alfred L. Fatale III

    Alfred L. Fatale III of Labaton Keller Sucharow LLP's led the team that secured a $200 million settlement against Uber Technologies Inc. for investors who had accused the ride-sharing giant of a misleading initial public offering, earning him a spot as one of the 2025 Law360 Securities MVPs.

  • November 13, 2025

    DocGo Investors Seek OK Of $12.5M Deal Over Ex-CEO Claims

    Investors of mobile medical provider DocGo have asked a New York federal court to grant preliminary approval of their $12.5 million settlement of claims that the company deceived stockholders before a $432 million contract with New York City to provide emergency migrant housing came under public scrutiny.

  • November 12, 2025

    Feds Launch Crypto Scam Strike Force With New Sanctions

    Federal authorities said Wednesday they have created a strike force targeting cryptocurrency-related fraud and scams originating in Southeast Asia, a development announced alongside the addition of a Burmese armed group to a list of entities under U.S. sanctions.

  • November 12, 2025

    Investor Accuses Cable Provider Of Unfair Buyout Proposal

    A proposed buyout of cable operator WideOpenWest Inc. from its controlling shareholder is under fire in Colorado state court from an investor who claims the company's recent proxy statement fails to disclose the "troubling motivations and conflicts of interest" of WOW's executives and directors.

  • November 12, 2025

    Fraudster Who Touted Bogus Space Travel Co. Gets 4 Years

    A California man who federal prosecutors say defrauded investors with elaborate lies about a non-existent tech company making tens of billions of dollars developing space travel and robotics was sentenced Wednesday by a California federal judge to more than four years' imprisonment, according to a U.S. Justice Department spokesperson.

  • November 12, 2025

    Coinbase To Move To Texas, Citing 'Litigious' Delaware

    Coinbase told the U.S. Securities and Exchange Commission on Wednesday that the cryptocurrency exchange is leaving Delaware to reincorporate in Texas, citing the "increasingly litigious environment in Delaware" and the Lone Star State's recently enacted laws that place numerous restrictions on shareholder suits and help shield executives from investor litigation.

Expert Analysis

  • State Crypto Regs Diverge As Federal Framework Dawns

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    Following the Genius Act's passage, states like California, New York and Wyoming are racing to set new standards for crypto governance, creating both opportunity and risk for digital asset firms as innovation flourishes in some jurisdictions while costly friction emerges in others, say attorneys at Sheppard Mullin.

  • 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.

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