Securities

  • November 19, 2025

    FDIC's Hill Advances In Senate Amid Dem Stonewalling Claims

    Acting Federal Deposit Insurance Corp. Chairman Travis Hill's bid for a permanent term cleared a key hurdle Wednesday as the U.S. Senate Banking Committee advanced his nomination along with several other picks from the Trump White House.

  • November 19, 2025

    Justices Told Presidential Firing Limits Is An 'Originalist' Idea

    A bipartisan collection of current and former government officials has urged the U.S. Supreme Court to uphold a 90-year-old ruling that empowers Congress to prohibit the president from firing certain agency officials at will, claiming the precedent has roots that date back to the country's founding and reflects key separation of powers principles.

  • November 19, 2025

    Med Co. Sellers Urge Del. Justices To Revive Suit

    An attorney for former investors in urgent care provider CityMD urged Delaware's Supreme Court on Wednesday to reverse a lower court's dismissal of claims they were coerced into giving up purported rights to the same consideration a private equity controller received in a 2021 merger.

  • November 19, 2025

    Trump's CFTC Nom Grilled On Possible Crypto Leadership

    President Donald Trump's nominee to lead the U.S. Commodity Futures Trading Commission was asked by senators on Wednesday whether the agency has enough money and staff to be handed the keys to crypto market oversight, but Michael Selig declined to commit to pushing for additional funding or for a full complement of commissioners if confirmed.

  • November 19, 2025

    Lawmakers Urge High Court To Curb SEC's Receivership Powers

    A group of Republican lawmakers is urging the U.S. Supreme Court to take up a Texas businessman's case challenging the U.S. Securities and Exchange Commission's ability to place businesses into court-appointed receivership before a trial.

  • November 19, 2025

    Deutsche Bank To Pay FINRA $2.5M Over Research Reports

    The securities segment of Deutsche Bank on Wednesday agreed to pay the Financial Industry Regulatory Authority $2.5 million to settle claims that for 18 years it violated multiple research report disclosure requirements, impacting approximately 110,000 debt and equity research reports.

  • November 19, 2025

    SEC Enforcement Actions Plunged After Gensler, Report Says

    The U.S. Securities and Exchange Commission brought far fewer enforcement actions against public companies and subsidiaries after its Biden-era leader Gary Gensler departed, with the former chair bringing 52 of the 56 actions the agency initiated in fiscal 2025 despite stepping down in January.

  • November 19, 2025

    Pool Co. Directors Hit With Derivative Suit In Del.

    Three stockholders of pool equipment company Hayward Holdings Inc. sued the company's directors and officers in Delaware's Court of Chancery late Tuesday, seeking derivative damages based on claims that — after thriving during the pandemic — the company failed to report ballooning customer inventories as insiders traded on bogus, upbeat news.

  • November 19, 2025

    Cannabis REIT Innovative Industrial Hit With New Investor Suit

    A shareholder for cannabis-focused real estate investment trust Innovative Industrial Properties Inc. accused the REIT's current and former executives Wednesday of not telling shareholders about how poorly several of the its largest tenants were doing.

  • November 19, 2025

    6th Circ. Won't Explain Docs Ruling To FirstEnergy Investors

    The Sixth Circuit on Wednesday denied a request from FirstEnergy investors to clarify a ruling blocking them from accessing documents prepared by BigLaw firms investigating the company's $1 billion bribery scandal.

  • November 19, 2025

    Samourai Wallet Tech Gets 4 Years In Crypto Laundering Case

    A Manhattan federal judge sentenced a self-taught coder who managed the day-to-day tech side of crypto mixer Samourai Wallet to four years in prison Wednesday, after he admitted that he knew the business facilitated bitcoin transfers derived from criminal activity.

  • November 19, 2025

    Pirate-Ship Venture Ruling Tested At Del. Supreme Court

    The Delaware Supreme Court pressed attorneys Wednesday on whether a Chancery Court ruling correctly upheld decades-old stock issuances and sidestepped a final determination on a joint-venture agreement at the center of a saga involving the Whydah pirate-treasure venture.

  • November 19, 2025

    Crypto Exchange Kraken Files Confidential IPO Plans

    Crypto exchange Kraken said Wednesday that it has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, hot off an $800 million funding round.

  • November 19, 2025

    Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC

    Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.

  • November 18, 2025

    Sick With Cancer, Jack Abramoff Avoids Jail In Crypto Fraud

    Disgraced Washington, D.C., lobbyist Jack Abramoff avoided a second stint in prison when a California federal judge sentenced him Tuesday to probation for his role in a cryptocurrency fraud, citing his cooperation with law enforcement and his stage-four cancer.

  • November 18, 2025

    Buyers Ask To Add 'Hawk Tuah' Influencer To Token Suit

    Buyers of the "Hawk Tuah" themed-meme coin want to expand their securities suit with new claims and defendants, including naming the social media star behind the viral phrase, Haliey Welch, as well as her managers.

  • November 18, 2025

    Fed Pushes To Shift Oversight Focus In Examiner Guidance

    The Federal Reserve shared new internal guidance Tuesday that directs its examiners to concentrate on material financial risks to banks and not get "distracted" by process concerns, deepening a policy shift that is drawing sharp rebuke from Fed Gov. Michael Barr.

  • November 18, 2025

    Citadel Securities, Virtu Face Claims Of 'Massive' Spoofing

    Market makers Citadel Securities LLC and Virtu Americas LLC face a proposed class action alleging they used the illegal trading strategy known as spoofing to manipulate trading prices for a technology company, depressing the issuer's market capitalizations while enriching themselves.

  • November 18, 2025

    Ex-PetIQ Exec Cops To Insider Trading Ahead Of Acquisition

    A former executive for Idaho-based PetIQ has pled guilty to insider trading after using another person's brokerage account to purchase stock in his company ahead of its planned acquisition in 2024, court filings show.

  • November 18, 2025

    JPMorgan Seeks Fast-Track End To Javice's Fee Advancement

    JPMorgan Chase & Co. asked the Delaware Chancery Court on Monday to cut off any more legal fee advancements to Charlie Javice, the convicted founder of college financial aid startup Frank, saying her demands for fees to appeal her criminal conviction "exceed any semblance of reasonableness."

  • November 18, 2025

    Delaware Chancery Atty Fee Awards Under Fire In New Report

    Attorney fees in Delaware's Court of Chancery lack "consistent benchmarks" and, for big awards, may fail to reflect "risk or performance," according to a report Tuesday that potentially ratchets up pressure on state lawmakers wary of jeopardizing Delaware's standing as the national hub for corporate law disputes.

  • November 18, 2025

    9th Circ. Halts 1 Of 2 Calif. Corporate Climate Disclosure Laws

    The Ninth Circuit on Tuesday blocked a new California law requiring large companies to publicly disclose financial risks tied to climate change, barring enforcement as an appeal by the U.S. Chamber of Commerce and other business groups challenging the policy unfolds in federal appellate court.

  • November 18, 2025

    FDIC Says Capital One Is 'Turning Back Time' With Fee Fight

    The Federal Deposit Insurance Corp. has accused Capital One of trying to "turn back time" by retroactively distributing $56 billion and claiming it was erroneously included in the FDIC's fee calculations, in order to dodge roughly $99 million in special assessments tied to the 2023 regional bank crisis.

  • November 18, 2025

    Colo. Justices Unsure On Limits For Borrowing Claims Rule

    Colorado Supreme Court justices on Tuesday grappled with when an attorney has satisfied their requirements under Colorado law to conduct a "reasonable inquiry" when including pleadings from other litigation during oral arguments in CenturyLink's petition to have a securities class action dismissed for including anonymous claims from a different lawsuit.

  • November 18, 2025

    Groups Seek More Time To Comment On SEC's RMBS Plan

    The Securities Industry and Financial Markets Association is among those calling for the U.S. Securities and Exchange Commission to grant more time to provide feedback on a plan that could change how the agency regulates residential mortgage-backed securities, citing the recent government shutdown as a reason for extending the deadline. 

Expert Analysis

  • 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.

  • How New Texas Law Targets ESG Proxy Advice

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    A recently enacted Texas law represents a major shift in how proxy advisory services are regulated in Texas, particularly when recommendations are based on nonfinancial factors like ESG and DEI, but legal challenges underscore the statute’s broader constitutional and statutory implications, say attorneys at Bracewell.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.

  • 11th Circ. Ruling Shows Federal Question Jurisdiction Limits

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    The Eleventh Circuit's recent decision in AST Science v. Delclaux shows why it is extremely difficult for litigants to maintain a state law cause of action in federal court under Supreme Court precedent, says Paul Avron at Berger Singerman.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • 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.

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