Securities

  • April 02, 2026

    California Agency Wants SunPower Tax Issue Out Of Ch. 11

    California's Department of Tax and Fee Administration has asked a Delaware bankruptcy judge to abstain from hearing a tax audit dispute in solar panel company SunPower's Chapter 11 case, saying the matter should be handled in a state administrative forum.

  • April 02, 2026

    Coinbase Gets OCC's Nod For National Trust Charter

    Coinbase said Thursday that it has received the Office of the Comptroller of the Currency's conditional approval to charter a national trust bank, a move that would position the crypto giant to broaden its business offerings under federal oversight.

  • April 02, 2026

    Consumer Groups Back SEC In High Court Disgorgement Row

    A slew of industry and legal groups have asked the U.S. Supreme Court to reject a challenge to the U.S. Securities and Exchange Commission's disgorgement powers, arguing in Wednesday amicus briefs that Congress explicitly empowered the regulator to seek disgorgement without showing investor harm.

  • April 02, 2026

    Ownership Limbo Spurs Stay Bid In $380M PetroSaudi Fight

    A PetroSaudi unit has urged a California federal court to continue its stay in litigation by the U.S. government over a $380 million arbitral award purportedly tied to funds embezzled from Malaysia, saying company control remains in limbo in the Cayman Islands and Barbados.

  • April 02, 2026

    Texas Capital Bank Faces Stiff Questions At 5th Circ.

    Texas Capital Bank faced tough questions from a Fifth Circuit panel in its bid to reverse a lower court's decision in favor of Ginnie Mae that extinguished TCB's lien on reverse mortgage assets, with one judge saying Thursday that the government has "the power under the statute."

  • April 02, 2026

    5th Circ. Rejects Stanford's Bid To Overturn $6.8B SEC Win

    A Fifth Circuit panel affirmed a lower court judgment requiring convicted Ponzi schemer Robert Allen Stanford to fork over $6.76 billion to the U.S. Securities and Exchange Commission in its 16-year-old suit over Stanford's $7 billion fraud scheme, finding that he failed to properly raise many of his arguments during the summary judgment stage.

  • April 02, 2026

    SEC Claims Now-Deceased Investment Adviser Bilked Clients

    The U.S. Securities and Exchange Commission filed suit Thursday against the estate of an investment adviser and his advisory firm, claiming they stole $1.7 million worth of client funds to pay for personal and business expenses.

  • April 02, 2026

    SEC's Musk Suit Presses Ahead As Settlement Talks Uncertain

    The U.S. Securities and Exchange Commission is moving forward with a case accusing Elon Musk of failing to timely disclose his ownership stake in Twitter, with Musk telling a Washington, D.C., federal judge that the case may head to trial, just weeks after the parties told the judge they were negotiating a possible deal to end the case. 

  • April 02, 2026

    BofA $72.5M Deal With Up To 75 Epstein Victims Clears Hurdle

    A Manhattan federal judge gave preliminary approval Thursday to a settlement in which Bank of America will pay $72.5 million to as many as 75 women to settle allegations that it facilitated what the court called Jeffrey Epstein's "monstrous" sex trafficking and abuse.

  • April 02, 2026

    Del. Chancery Limits Kraft Heinz Suit To Director Claims

    The Delaware Chancery Court on Thursday allowed stockholders suing The Kraft Heinz Co. to amend part of their complaint over a $1.2 billion stock sale, but sharply limited the case to newly uncovered evidence about a single director's consulting relationship.

  • April 02, 2026

    Musk, X Settle Former Twitter Workers' Severance Suit

    X Corp. and Elon Musk have agreed to settle claims by a group of six former Twitter employees that they were falsely promised severance benefits in connection with Musk's acquisition of the social media company.

  • April 01, 2026

    Robinhood Sues Wash. To Protect Prediction Market Biz

    Robinhood has launched a federal lawsuit seeking to shield itself from potential Washington state enforcement action over its prediction market offerings in the wake of Attorney General Nick Brown's Friday announcement that he's going after Kalshi for allegedly breaking Evergreen State gambling laws.

  • April 01, 2026

    Wheeling & Appealing: April's Most Notable Oral Arguments

    April is the coolest month, at least for appellate aficionados, featuring numerous important arguments with famous litigants, including U.S. senators, delivery apps Grubhub and Uber Eats, impresario Sean "Diddy" Combs, prediction platforms Kalshi and Robinhood, and a political giant known as the Velvet Hammer.

  • April 01, 2026

    Evita Boss Admits To Russia-Linked Crypto Laundering Ruse

    The founder of crypto payments firm Evita on Wednesday admitted to what prosecutors say was a scheme to launder over half a billion dollars in cross-border transactions through the U.S. financial system, including funds held by sanctioned Russian banks.

  • April 01, 2026

    Texas Judge Dismisses Southwest Holiday Outage Claims

    A Texas federal judge dismissed claims brought by Southwest Airlines investors that the airline caused a disastrous 2022 holiday travel season with outdated technology and a unique flight route structure, but left room for the investors to refile.

  • April 01, 2026

    SpaceX Confidentially Files Plans For Blockbuster IPO

    Elon Musk's SpaceX has reportedly filed confidential plans with the U.S. Securities and Exchange Commission for a blockbuster initial public offering that could value the private space exploration company at up to $1.75 trillion, setting up the highly anticipated IPO to be one of the largest ever.

  • April 01, 2026

    Twitter Investors Win Class Cert. In Elon Musk Fraud Suit

    Investors in X, the social media platform formerly known as Twitter, have been granted class certification in litigation alleging tech billionaire Elon Musk secretly amassed a significant stake in the company while its stock traded at artificially depressed prices.

  • April 01, 2026

    Quantum Corp. Seeks Exit From Investor Fraud Suit

    Data storage company Quantum Corp. asked a Colorado federal judge to throw out a proposed class action against it, claiming the investor did not show that the company or its executives acted with actual knowledge of the alleged securities fraud or deliberate recklessness.

  • April 01, 2026

    Boeing Must Face Trimmed 737 Max Securities Fraud Suit

    An Illinois federal judge said equity funds alleging Boeing defrauded investors by downplaying the 737 Max jets' safety flaws can pursue claims related to certain statements made after two deadly crashes in 2018 and 2019, but not claims tied to a separate door-plug blowout in 2024.

  • April 01, 2026

    Nike Beats Bulk Of Investor Fraud Claims Over Biz Strategy

    An Oregon federal judge has dismissed nearly all the claims in a securities class action against Nike over what investors say was a failed business strategy, finding that most of the suit's challenged statements are nonactionable corporate optimism, but she allowed one alleged misstatement about Nike's innovation pipeline to proceed.

  • April 01, 2026

    SEC Walks Away From Five Crypto Wash Trading Cases

    The U.S. Securities and Exchange Commission has voluntarily dismissed cases against five defendants accused of manipulating the cryptocurrency markets through wash trading, telling a Massachusetts federal court it will not pursue monetary remedies against one convicted fraudster who had already consented to an agency settlement.

  • April 01, 2026

    Investment Adviser Firm To Pay Alleged Ponzi Victims $6.7M

    A Georgia investment adviser firm will pay $6.7 million to what federal and state securities regulators allege are victims of a $140 million Ponzi scheme that preyed on elderly and right-leaning investors, Georgia's secretary of state said Wednesday, adding that a former employee used his position to recruit marks.

  • April 01, 2026

    Ex-FTX Chief Engineer Resolves CFTC Fraud Suit For $3.7M

    The Commodity Futures Trading Commission Wednesday announced a New York federal court had entered an order resolving fraud charges against the former chief engineer of defunct cryptocurrency investment platform FTX.

  • April 01, 2026

    Sentara Health Strikes $1.5M Deal In Stable Value Fund Suit

    Virginia-based healthcare system Sentara Health will pay $1.5 million to settle a class action claiming it failed to remove an underperforming investment fund from its employee retirement plan, according to federal court filings.

  • April 01, 2026

    Astellas Beats $115M Milestone Claim In Del. Chancery Ruling

    A Delaware Court of Chancery judge has ruled that Astellas Pharma Inc. is not obligated to pay up to $115 million in disputed drug development milestone payments tied to its acquisition of Potenza Therapeutics Inc., finding that the clinical trials at issue never met the contract's definition of a Phase II study.

Expert Analysis

  • 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.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • OCC Rulemaking May Clear Haze Around Trust Banks' Scope

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    A recent Office of the Comptroller of the Currency proposal at last eliminates uncertainty around whether national trust banks can engage in nonfiduciary activities, but it does not address which activities are permissible or whether a minimum amount of fiduciary activity is required, say attorneys at Davis Polk.

  • Justices' BDO Denial May Allow For Increased Auditor Liability

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    The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.

  • NY Securities Class Action Ruling Holds Rare Timing Insights

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    A New York federal court's recent decision in Leone v. ASP Isotopes adopted the unusual posture of simultaneously denying a motion to dismiss and certifying claims to proceed as a class action, and its unique scheduling carries certain procedural and substantive implications, say attorneys at Labaton Keller.

  • And Now A Word From The Panel: MDL Year In Review

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    2025 was a roller coaster for the Judicial Panel on Multidistrict Litigation, with the panel canceling one hearing session due to the absence of new MDL petitions, yet also issuing rulings on more new MDL petitions than in 2024 — making it clear that MDLs are still thriving, says Alan Rothman at Sidley Austin.

  • Digital Assets May Be In For A Growth Spurt In 2026

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    All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Navigating Battery Validation Risk In The EV Supply Chain

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    Vehicle electrification has moved battery system supply chains from a background component into the center of the automotive universe — and for legal teams, battery validation is now a driver of contractual disputes, regulatory exposure and even shareholder litigation, say Samuel Madden at Secretariat Advisors and Vanessa Miller at Foley & Lardner.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

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    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • 5 Compliance Takeaways From FINRA's Oversight Report

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    The priorities outlined in the Financial Industry Regulatory Authority's recently released annual oversight report focus on the organization's core mission of protecting investors, with AI being the sole new topic area, but financial firms can expect further reforms aimed at efficiency and modernization, say attorneys at Armstrong Teasdale.

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