Securities

  • 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.

  • November 12, 2025

    Stride Faces Investor Suit Over 'Ghost Students' Claims

    Education technology company Stride Inc. and some of its brass face a proposed investor class action alleging the company inflated enrollment numbers and cut staff, hurting investors after it was accused in a lawsuit of counting "ghost students" on its rolls to secure per-student funding.

  • November 12, 2025

    Biotech Co., Founders Can't Duck $14.3M SEC Payment

    A Colorado federal judge has rejected a biotech startup and two of its founders' bid to reconsider a February order requiring them to pay the U.S. Securities and Exchange Commission more than $14.3 million for overstating their own investments in the company.

  • November 12, 2025

    Aerospace Co. Faces Investor Suit Over Rocket Failures

    Space and defense technology company Firefly Aerospace Inc. has been hit with a proposed shareholder class action accusing it of filing false and misleading documents ahead of its recent initial public offering that overhyped the potential of a rocket launch, which the company later revealed had failed testing.

  • November 12, 2025

    Feds Eye New Trial For MIT Brothers' $25M Crypto Theft Case

    Federal prosecutors want to retry two MIT-educated brothers accused of a $25 million cryptocurrency heist next year, after a New York court declared a mistrial last week following the jury's failure to reach a unanimous verdict.

  • November 12, 2025

    Fintech StoneCo Investors Get First OK For $27M Settlement

    Payment processing company StoneCo Ltd. and its investors have received preliminary approval from a New York federal judge of their $26.8 million settlement ending claims the company misled investors about its role in the failure of a merchant lending program it once offered in Brazil.

  • November 12, 2025

    SEC Atty Broke Shutdown Protocol With Subpoena, Suit Says

    The U.S. Securities and Exchange Commission is facing a lawsuit in Texas federal court claiming it violated its own shutdown protocols when its Fort Worth office sought the financial records of a woman whose husband is currently under SEC investigation.

  • November 12, 2025

    SEC's Atkins Previews Crypto 'Taxonomy' Plans, Exemptions

    U.S. Securities and Exchange Commission Chairman Paul Atkins on Wednesday pledged to "draw clear lines" about which crypto transactions the SEC doesn't regulate, but said that coming rules and exemptions for digital assets are "not a promise of lax enforcement at the SEC."

  • November 12, 2025

    4th Circ. Sides With Father-Son Duo In Equity Fight

    A company that makes elevated stairs on Wednesday lost its appeal at the Fourth Circuit following various rulings against it in a suit it lodged against its co-founder and his son over a soured business venture involving the design of the business's sole product.

  • November 12, 2025

    BNP Trial Judge Rejects 'Frivolous' Witness-Coaching Claim

    A Manhattan federal judge on Wednesday forcefully rejected claims that supposed witness coaching tainted a recent trial during which Sudanese refugees won a $20 million bellwether verdict against BNP Paribas for allegedly contributing to former dictator Omar al-Bashir's atrocities.

  • November 12, 2025

    Nasdaq Could Open Texas' 2nd Stock Exchange Next Year

    Nasdaq on Wednesday announced plans to launch a Texas-based exchange in the hopes of joining a startup group that has already received permission to allow companies to publicly list in the Lone Star State next year. 

  • November 12, 2025

    Insurer Tells Justices AMC's Share Battle Yielded No Liability

    An indemnity insurer for AMC Entertainment Holdings Inc. told Delaware's justices on Wednesday that the entertainment company failed to show a covered loss when it issued shares to settle a $99.3 million claim for losses arising from a stock conversion and reverse stock split.

  • November 12, 2025

    Conn. Judge Won't Stop Deutsche Bank's Vik Suit In Norway

    A Connecticut federal judge declined Wednesday to put an end to litigation that Deutsche Bank AG brought against billionaire Alexander Vik and his daughter in Norway, deferring instead to a state court judge who is considering the same request.

  • November 12, 2025

    MVP: Bernstein Litowitz's Salvatore J. Graziano

    Salvatore J. Graziano of Bernstein Litowitz Berger & Grossmann LLP took the lead in defending Meta and Nvidia investors in a pair of cases that were quietly set aside by the U.S. Supreme Court last year, leaving the lawsuits intact and earning Graziano a spot as one of the 2025 Law360 Securities MVPs.

  • November 12, 2025

    Broker Cops To Trading On Stolen Morgan Stanley Merger Info

    A stockbroker from New Jersey told a Manhattan federal judge Wednesday that he traded on secret merger information stolen by a friend from a Morgan Stanley executive assistant, pleading guilty to insider trading, obstruction and fraud charges.

  • November 10, 2025

    Law360 MVP Awards Go To Top Attorneys From 76 Firms

    The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.

  • November 10, 2025

    SEC Accuses Ex-Fintech CEO Of $60M Fraud In SPAC Merger

    Securities regulators sued the founder of Triterras Fintech in New York federal court, accusing him of misleading investors about Triterras' trade finance platform to secure a business combination with a special purpose acquisition company in November 2020, netting himself $60 million while investors suffered significant losses. 

  • November 10, 2025

    Sen. Ag Committee Gives CFTC Crypto Oversight In Draft Bill

    The U.S. Commodity Futures Trading Commission would have "exclusive jurisdiction" over so-called digital commodities under a discussion draft of legislation to regulate crypto markets released Monday by Senate Agriculture Committee Chairman John Boozman, R.-Ark., and Sen. Cory Booker, D.-N.J.

  • November 10, 2025

    PwC Not Liable For Bloom Energy Statements, 9th Circ. Rules

    The Ninth Circuit on Monday affirmed the dismissal of claims that investors in Bloom Energy Corp. filed against PriceWaterhouseCoopers, saying that as the renewable energy company's outside accountant, PwC couldn't be held strictly liable for financial statements simply because it certified them.

  • November 10, 2025

    Blockchain Co. Brings Defamation Suit Against Short Seller

    Blockchain-focused firm Datavault AI Inc. is suing an activist short seller for publishing a report the company said is "riddled with outright falsehoods, inflammatory accusations and cherry-picked half-truths" about an executive's past run-in with the U.S. Securities and Exchange Commission and the extent to which its blockchain is used.

  • November 10, 2025

    Accolade Wants 'Slip Of The Tongue' Investor Fraud Suit Axed

    Accolade Inc. and its CEO have asked a New York federal judge to toss a suit alleging they made false statements about the healthcare company's profitability to prop up share prices before announcing plans to go private, saying the amended complaint is investors' "second attempt to plead a 'fraud' case based on an obvious slip of the tongue."

  • November 10, 2025

    Kalshi, Robinhood Beat Tribes' Bid To Block Events Contracts

    A California federal judge declined to issue a preliminary injunction on Monday blocking prediction platform Kalshi and Robinhood from offering their sports event contracts that some Native American tribes allege constitute illegal gambling, saying they have not shown how the platforms are subject to a statute protecting tribal gaming.

Expert Analysis

  • How Banks Can Safely Handle Payments For Gambling Biz

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    As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.

  • SEC Focused On Fraud As Actions Markedly Declined In 2025

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    The U.S. Securities and Exchange Commission's enforcement activity in its fiscal year 2025 was its lowest in 10 years, reflecting not only a significant decline in the commission's workforce, but also Chairman Paul Atkins' stated focus on fraud and individual wrongdoing and a new approach to crypto regulation, say attorneys at Covington.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • How Cos. Can Prep For Tightened Calif. Data Breach Notices

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    Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • How The SEC May Overhaul Its Order Protection Rule

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    Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • 2nd Circ. Peloton Ruling Emphasizes Disclosure Context

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    The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • How Calif. High Court Is Rethinking Forum Selection Clauses

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    Two recent cases before the California Supreme Court show that the state is shifting toward greater enforcement of freely negotiated forum selection clauses between sophisticated parties, so litigators need to revisit old assumptions about the breadth of California's public policy exception, says Josh Patashnik at Perkins Coie.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Post-Genius Landscape Reveals Technical Stablecoin Hurdles

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    The Genius Act's implementation has revealed challenges for mass stablecoin adoption, but there are several factors that stablecoin issuers can use to differentiate themselves and secure market share, including interest rate, liquidity, and safety and security, say attorneys at Olshan Frome.

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