Securities

  • January 29, 2026

    Zuora Investor Sues Over $1.7B Silver Lake Take-Private Deal

    An investor in software as service subscription software venture Zuora Inc. has opened a proposed class suit seeking damages in connection with Silver Lake Group's $1.7 billion take-private acquisition of the company, naming both Silver Lake and managing panther Joseph Osnoss and alleging breaches of fiduciary duty.

  • January 29, 2026

    6th Circ. Backs Gov't In $125K Crypto Forfeiture Case

    The Sixth Circuit has sided with the U.S. government in a suit over its rights to more than $100,000 in allegedly laundered cryptocurrency, ruling the previous receivers of the funds missed the deadline to bring a claim after the government seized the assets.

  • January 29, 2026

    Inspire Medical Leaders Face Suit Over Apnea Device Rollout

    Brass of Inspire Medical Systems Inc. face shareholder derivative claims they breached their fiduciary duties by concealing issues affecting the launch of the company's latest sleep apnea device, damaging investors after its trading prices fell 32% when the issues were disclosed.

  • January 29, 2026

    GOP-Led Crypto Bill Clears Senate Panel In Party-Line Vote

    The Senate Agriculture Committee advanced a Republican-led proposal to regulate crypto markets on Thursday with a vote that fell starkly along party lines after Democrats made clear they would not support the bill without provisions to prevent public officials from profiting from crypto ventures.

  • January 29, 2026

    Debevoise Appoints Commercial Litigation Group Co-Leaders

    Debevoise & Plimpton LLP promoted two litigators to be co-chairs of its commercial litigation practice, the firm has announced.

  • January 29, 2026

    Shoddy Funds Cost Bloomberg 401(k) Investors Big, Suit Says

    Bloomberg may have lost its workers almost $200 million by failing to nix two underperforming investment funds from its $5 billion retirement plan, according to a proposed class action filed in New York federal court on Thursday claiming the financial data and media company shirked its fiduciary duties.

  • January 29, 2026

    TreeHouse Foods Sued In Chancery For Docs On $2.9B Sale

    A TreeHouse Foods stockholder filed suit in Delaware's Court of Chancery late Wednesday for expedited access to withheld documents on the company's $2.9 billion agreement in November to sell the packaged snack and beverage company to affiliates of Investindustrial VIII SCSp, an independently managed group of European investment, holding and advisory companies.

  • January 28, 2026

    Powell Says Cook Case May Be 'Most Important' In Fed History

    Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's U.S. Supreme Court bid to oust Fed Gov. Lisa Cook represents "perhaps the most important" case in the history of the central bank, defending his move to attend the high court's recent hearing on the matter.

  • January 28, 2026

    Northern Trust VP Stole Millions From Elderly Client, Suits Say

    An elderly banking heiress and her nephew have sued the Northern Trust Co., alleging the wealth management firm failed to safeguard their assets from a now-former vice president who helped himself to millions of dollars of their funds.

  • January 28, 2026

    SEC Says Musk Can't Fight 'Uncontested' Facts In Twitter Case

    The U.S. Securities and Exchange Commission on Wednesday further urged a D.C. federal judge to grant it an early win in the agency's enforcement action against Elon Musk over his Twitter stock purchases, saying Musk's recent opposition brief "only confirms that the court should grant" summary judgment.

  • January 28, 2026

    Judge Vacates $1.3M Deal After 7 Years Pass With No Payment

    A California federal judge has vacated an order from seven years ago preliminarily approving a $1.3 million settlement of claims brought by Wins Finance Holdings Inc. shareholders, saying Wins' failure to secure approval from the Chinese government to release the funds makes it unlikely the investors will get paid under the deal.

  • January 28, 2026

    Data Co.'s Brass, Top Customer Face SEC 'Round-Trip' Claims

    Executives of a now-bankrupt data intelligence company face U.S. Securities and Exchange Commission claims that they conspired with one of the company's biggest customers on a so-called round-trip accounting scheme to overstate the company's revenue and become a more attractive target for a special purpose acquisition company.

  • January 28, 2026

    CFTC Taps Treasury Atty To Be General Counsel

    The Commodity Futures Trading Commission announced Wednesday it has hired a Treasury Department lawyer with BigLaw experience to serve as the derivatives regulator's new general counsel.

  • January 28, 2026

    Tax Court Rejects Aventis' Securitizing Debt Assets

    Pharmaceutical giant Aventis Inc. is ineligible for a favorable tax treatment on its securitization of financial assets, the U.S. Tax Court ruled Wednesday, finding the company did not comply with statutory requirements and failed to show it was not the beneficial owner of the assets.

  • January 28, 2026

    Crypto Investors Want Mark Cuban Suit Sent To Texas

    Crypto investors suing billionaire Mark Cuban and his former NBA team the Dallas Mavericks over their alleged promotion of the collapsed exchange Voyager have asked a Florida federal judge to transfer their claims to Texas, a month after the judge dismissed the claims on personal jurisdiction grounds.

  • January 28, 2026

    Chinese Man Gets 46 Months In $37M Pig Butchering Scam

    A Chinese national was sentenced to 46 months in prison Tuesday in California federal court for participating in a global network that tricked 174 victims lured in from dating apps into pouring money into fake digital asset investments, and ultimately laundering $36.9 million in cryptocurrency proceeds to scam centers overseas.

  • January 28, 2026

    Investor Says Cannabis Biz Shielded Tax Debt Before Sale

    A Los Angeles investor claimed in a state lawsuit that he was defrauded out of $100,000 by a cannabis business owner and brokers who sold him shares in a dispensary without warning him that its tax debt was nearly $150,000.

  • January 28, 2026

    SEC Urged To Adopt Insider Trading Rules For Foreign Firms

    A former member of the U.S. Securities and Exchange Commission is among a trio of academics pressing the agency to write rules cracking down on insider trading at foreign companies that trade on U.S. exchanges, urging action before a congressionally mandated deadline runs out in March.

  • January 28, 2026

    Nomura Unit Taps Legal Chief To Steer Crypto Trust Bank Plan

    A crypto-focused subsidiary of financial services group Nomura has applied to the Office of the Comptroller of the Currency to establish a national trust bank headed by its legal chief.

  • January 28, 2026

    Ropes & Gray Adds 3 Partners In New York

    Ropes & Gray LLP has expanded its offerings in New York with the addition of three attorneys, one each from Debevoise, Paul Weiss and Wachtell Lipton.

  • January 27, 2026

    ADM To Pay $40M To Resolve SEC Accounting Fraud Claims

    Archer-Daniels-Midland Co. has agreed to shell out $40 million to put to rest U.S. Securities and Exchange Commission allegations the company and several former executives committed accounting and disclosure fraud, according to announcements made Tuesday.

  • January 27, 2026

    Crypto Network Cofounder Hit With $100M RICO Suit

    The co-founder and board members of cryptocurrency-associated data cloud platform Cere Network were sued in California federal court Tuesday over an alleged pump-and-dump scheme where they secretly sold over $41 million in Cere tokens on various exchanges and misappropriated investor funds. 

  • January 27, 2026

    US Bancorp Shells Out $250K To End Workers' 401(k) Suit

    U.S. Bancorp has agreed to pay $250,000 to end a class action by participants in the company's employee 401(k) plan alleging the plan paid excessive recordkeeping fees in violation of federal benefits law. 

  • January 27, 2026

    SEC Blunts Some Shareholder Activists With Policy Reversal

    The U.S. Securities and Exchange Commission has reversed course on allowing shareholders with less than $5 million in holdings to publicize information about their proxy ballot proposals through the agency, saying it will object to such voluntary submissions going forward.

  • January 27, 2026

    Delaware Court Nixes Comerica-Fifth Third Merger Block

    A premium deal price and lack of a competitive alternative justified the Court of Chancery's rejection of an injunction barring banking company Comerica Inc. from moving ahead with a $10.9 billion acquisition by Fifth Third Bancorp, a Delaware vice chancellor said in a letter decision released late Monday.

Expert Analysis

  • US-German M&A Hits Its Stride Despite Economic Headwinds

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    Against expectations, dealmakers in both the U.S. and Germany are actively seeking investment opportunities in each other's markets, with 2025 shaping up to be the strongest year in recent memory, say attorneys at White & Case.

  • Enter The Wu-Tang Ruling That May Change Trade Secret Law

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    A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.

  • How Financial Cos. Can Prep As NYDFS Cyber Changes Loom

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    Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.

  • Opinion

    Ending Quarterly Reporting Would Erode Investor Protection

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    President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • A Look At Project Crypto's Plans For Digital Asset Regulation

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    U.S. Securities and Exchange Commission Chairman Paul Atkins' recent announcement of Project Crypto, an agencywide initiative to modernize federal securities regulations, signals a significant shift toward a more flexible regulatory framework that would shape the future of the U.S. digital asset market, say attorneys at WilmerHale.

  • Series

    Painting Makes Me A Better Lawyer

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    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • 3 Trends From AI-Related Securities Class Action Dismissals

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    A review of recently dismissed securities class actions centering on artificial intelligence highlights courts' scrutiny of statements about AI's capabilities and independence, and sustained focus on issues that aren't AI-specific, say attorneys at Alston & Bird.

  • CFTC, SEC Joint Statement Highlights New Unity On Crypto

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    The U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission's recent joint statement announcing a cross-agency initiative enabling certain spot crypto-asset products to trade on regulated exchanges is the earliest and most visible instance of interagency cooperation on crypto regulation, say attorneys at Morgan Lewis.

  • Regulatory Uncertainties Loom As Fed Ends Crypto Oversight

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    The Federal Reserve Bank's recently ended crypto supervisory program headlines other recent federal actions from Congress, the White House and relevant agencies that may complicate financial institutions' digital-asset use and attendant compliance strategies, say attorneys at Buchalter.

  • Opinion

    SEC Arbitration Shift Is At Odds With Fraud Deterrence

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    The U.S. Securities and Exchange Commission's recent statement allowing the use of mandatory arbitration by new publicly traded companies could result in higher legal costs, while removing the powerful deterrent impact of public lawsuits that have helped make the U.S. securities markets a model of transparency and fairness, say attorneys at Labaton Keller.

  • Better Crypto Insurance Is Attainable Amid Regulatory Shifts

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    With regulatory clarity improving and insurance carriers taking an increasingly constructive approach, crypto industry participants can improve their insurance coverage and pricing if finance, legal and compliance teams take specific steps, say Walker Newell and Jacob Sawyer at Woodruff-Sawyer.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

  • Series

    NC Banking Brief: All The Notable Legal Updates In Q3

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    There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen.

  • Despite Fraud Focus, SEC Still Targeting Technical Violations

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    The U.S. Securities and Exchange Commission under Chairman Paul Atkins has emphasized its back-to-basics strategy, focusing on identifying and combating fraud and manipulation, but at the same time, it has continued to pursue nonfraud-based actions targeting technical rule violations, a trend that will likely continue, say attorneys at Morgan Lewis.

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