Securities

  • August 21, 2026

    Alliance Entertainment Sued Over Insider Voting Control

    Movie and video game distributor Alliance Entertainment Holding Corp. is facing a proposed class action in Delaware state court filed by an investor alleging that the company shut stockholders out of their voting rights in order to secure more power for its CEO and chairman.

  • August 21, 2026

    $21M Deal Confirmed In Chinese E-Commerce Merger Suit

    A New York federal judge confirmed a final arbitration award approving a $21 million settlement reached in a long-running shareholder class action against Chinese e-commerce giant Dangdang, which alleged that minority shareholders were shortchanged when the company went private in 2016.

  • August 21, 2026

    Army Immunity Ends Defrauded Families' Malpractice Claims

    A New Jersey federal judge tossed legal malpractice claims against attorney Natalie Khawam Case and the law firm she founded, finding that a group of Gold Star families could not show that their underlying allegations against the U.S. Army would have survived the Federal Tort Claims Act's limits on suing the government.

  • August 20, 2026

    HEICO Exec Arrested, Accused Of $1.8M Insider Trading Ploy

    A senior HEICO Corp. executive was arrested Thursday and charged with securities fraud for what Manhattan federal prosecutors say were multiple instances of insider trading in the stock of the publicly traded aerospace and technology company.

  • August 20, 2026

    Ex-Trade Desk Finance Director Accused Of Insider Trading

    A former Trade Desk finance director traded on insider information ahead of public earnings announcements by his former employer, netting over $338,000 in profits, according to an indictment unsealed Thursday and a U.S. Securities and Exchange Commission complaint, both in New York federal court.

  • August 20, 2026

    Selig Says CFTC Will Propose Crypto Rules If Clarity Act Stalls

    U.S. Commodity Futures Trading Commission Chairman Michael Selig said Thursday that he's directed agency staff to begin crafting crypto rules in the event that crypto market structure legislation fails to move forward in September.

  • August 20, 2026

    Sens. Call On FINRA To Update Rules To Curb Transfer Fraud

    U.S. Sens. Ron Wyden, D-Ore., and Elizabeth Warren, D-Mass., urged the Financial Industry Regulatory Authority to boost consumer protections to prevent brokerage fraud through the Automated Customer Account Transfer Service, pointing to "structural weaknesses" in the system they say bad actors are exploiting to drain customers' brokerage accounts.

  • August 20, 2026

    SEC Won't Lift Trading Suspension On Chinese Biotech Firm

    The U.S. Securities and Exchange Commission has upheld Nasdaq's decision to delist the stock of Shineco Inc. after the Chinese biotech firm repeatedly violated the exchange's listing requirements, rejecting the company's arguments that a Nasdaq hearing panel reached its decision too quickly and did not properly consider plans for new operations at Shineco.

  • August 20, 2026

    Adviser, Startup To Pay SEC $266K For Taking Client Data

    The U.S. Securities and Exchange Commission has secured a nearly $266,000 judgment against a California-based investment adviser and his firm, and banned him from practicing for three years after he allegedly emailed himself confidential client information from his former employer and used it to launch his own investment firm.

  • August 20, 2026

    Judge Reopens Lead Counsel Fight In Vestis Derivative Suit

    A Georgia federal judge has temporarily vacated an earlier order appointing lead counsel and plaintiff in a shareholder derivative action against the top brass of Vestis Corp., reopening the leadership contest after additional plaintiffs joined the case.

  • August 20, 2026

    Defunct Tax Startup CEO Barred From Deceiving Investors

    A California federal judge prohibited the CEO of a defunct tax compliance startup who was accused by the U.S. Securities and Exchange Commission of swindling $13 million from investors from deceiving anyone or disseminating false information regarding investments in violation of securities laws.

  • August 20, 2026

    Deutsche Bank Freed From Fed's 2017 Forex-Rigging Order

    The Federal Reserve has terminated a 2017 enforcement action that required Deutsche Bank to pay nearly $137 million over its alleged role in Wall Street's foreign exchange rate-rigging scandals.

  • August 20, 2026

    Binance Can't Arbitrate Crypto-Laundering Claims After All

    A Florida federal judge on Thursday vacated a ruling that compelled arbitration for proposed class claims alleging that Binance laundered stolen cryptocurrency, after a decision came down from the Eleventh Circuit finding that the individuals who filed their actions didn't have contractual relationships with the exchange.

  • August 20, 2026

    Fashion Biz Founder Gets 5 Years For Large-Scale Fraud

    A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 billion business to fraudulently raise nearly $300 million.

  • August 20, 2026

    Canadian Bioscience Cos. Settle 'Fake' Fuel Trading Suit

    A Colorado state judge agreed to issue a stay and administratively close a case brought by two Canadian bioscience companies alleging that a Denver resident defrauded them out of nearly $1 million through "fake" fuel trading deals, amid an undisclosed agreement reached between the parties.

  • August 20, 2026

    SEC Scraps Broker's Fine But Backs Trade-Clearing Ban

    The U.S. Securities and Exchange Commission said the nation's largest clearing agency was within its rights to block a now-defunct brokerage firm from using its services, but the commission said the broker would no longer have to pay a fine nor be on the hook for attorney fees for appealing the decision.

  • August 20, 2026

    Vestis, Aramark Opposition To Cert. Bid 'Absurd,' Judge Told

    A group of institutional investors urged a Georgia federal court to certify claims accusing uniform supplier Vestis Corp. and food and facilities services giant Aramark of making misleading statements about Vestis' operations prior to its 2023 spinoff from Aramark, saying several of the defendants' arguments opposing certification have been addressed.

  • August 20, 2026

    Firm Investor Sues In Chancery Over Alleged 'Corporate Coup'

    An investment executive has sued in the Delaware Chancery Court to undo what he calls a "corporate coup d'etat" that allegedly stripped him of his power over an investment company by changing its bylaws without the supermajority vote he says was required.

  • August 20, 2026

    Eagle Pharma $9.5M Investor Deal Gets Final OK

    A $9.5 million settlement resolving claims that Eagle Pharmaceuticals Inc. and its former executives carried out a fraudulent "channel stuffing" scheme to inflate the revenue of one of the company's brand-name medications has received the final stamp of approval from a New Jersey federal magistrate judge.

  • August 20, 2026

    Frontier's $14M Deal In 401(k) Verizon Stock Suit Gets 1st OK

    A Connecticut federal judge has given his initial OK to a $14 million settlement Frontier Communications Corp. has reached to end a proposed class action over claims its employee 401(k) plan was overinvested in Verizon Wireless and other telecommunications stocks.

  • August 19, 2026

    Convicted Ex-Atty Deserves Redemption, Pardoned Client Says

    A former Connecticut attorney under suspension for the past decade over his role in a $3 million stock pump-and-dump scheme deserves reinstatement and redemption, a client of his pardon consulting firm told a state bar admissions committee on Wednesday.

  • August 19, 2026

    German Entrepreneur's Dad Can't Nix SEC Tab, 1st Circ. Rules

    The First Circuit on Wednesday affirmed a judgment against the father of German billionaire Michael Gastauer, saying the parent "waited too long" to object to a lower court's personal jurisdiction over him as a relief defendant in a case concerning his son's alleged participation in an international pump-and-dump scheme.

  • August 19, 2026

    2nd Circ. Revives Signature Bank Investor Suit Against Execs

    The Second Circuit on Wednesday revived a shareholder lawsuit over alleged misstatements about Signature Bank's health ahead of its 2023 collapse, finding that a New York federal court was wrong to toss the case because securities fraud claims against the defunct bank do not transfer to the Federal Deposit Insurance Corp. as the banks' receiver.

  • August 19, 2026

    9th Circ. Sides With PennyMac In Fixed LIBOR Fallback

    The Ninth Circuit on Wednesday rejected a shareholder's claim that PennyMac Mortgage Investment Trust was required to replace discontinued LIBOR with a newer floating rate when calculating preferred-share dividends, holding that the federal LIBOR Act allowed for a contractual fixed fallback rate.

  • August 19, 2026

    1st Circ. Says Apellis Disclosures Weren't 'Half-Truths'

    A First Circuit panel on Wednesday affirmed the dismissal of a securities fraud lawsuit accusing Apellis Pharmaceuticals and some of its top executives of misleading investors about the safety testing of the company's eye drug Syfovre, finding no actionable claim the company told "half-truths" about potential side effects of inflammation that can lead to blindness. 

Expert Analysis

  • Series

    Being A Sommelier Makes Me A Better Lawyer

    Author Photo

    Being a sommelier has quietly shaped how I practice law by changing the way I think, communicate and connect with people, and offers a constant reminder that expertise is about making your knowledge useful and accessible to others, says Kara Du at Sheppard.

  • Inside SEC Crypto Vault Statement's Securities Law Warning

    Author Photo

    Although the U.S. Securities and Exchange Commission's posture toward crypto products and activities has been more favorable under the current administration, Commissioner Hester Peirce's recent statement on crypto vaults highlights why that posture does not eliminate the need for careful securities law analysis, say attorneys at Skadden.

  • 3 Private Suits Test Influencer Ads As FTC Stays On Sidelines

    Author Photo

    Three lawsuits filed so far this year illustrate how influencer campaigns are facing growing scrutiny from private plaintiffs, despite the Federal Trade Commission not bringing an influencer marketing enforcement action since revising its endorsement guides to address the topic in 2023, but brands can take concrete steps to reduce the risks, says Gonzalo Mon at Kelley Drye.

  • 3 Upcoming Deadlines That EB-5 Investors Should Consider

    Author Photo

    Potential EB-5 regional center investors should weigh three approaching deadlines, the most immediate of which is Sept. 30, that may affect their filing strategy, required capital commitment and ability to participate even if Congress fails to reauthorize the program, says Michael Ashoori at Ashoori Law.

  • AI, Prediction Markets Lead Securities Developments In 2026

    Author Photo

    Securities class actions tied to artificial intelligence and the battle over prediction market regulation both raise novel questions that courts are only beginning to address and that will continue to resonate throughout the second half of the year, say attorneys at Skadden.

  • Community Bank Order Signals Fintech Partnership Scrutiny

    Author Photo

    The Office of the Comptroller of the Currency's recent consent order against Community Federal Savings Bank for deficiencies in its Bank Secrecy Act and anti-money laundering compliance programs offers clear and urgent lessons for community banks pursuing revenue growth through fintech partnerships and payments services, say attorneys at Bradley.

  • Where Is The Line On Actionable Comms In Securities Cases?

    Author Photo

    Recent securities cases demonstrate the difficulty in discerning a clear difference between statements made in connection with the purchase or sale of securities and those that aren't, with that line more likely attributable to individualized factual situations than to any doctrinal differences of opinion between various courts, says Samuel Groner at Fried Frank.

  • NJ Supreme Court Ruling Exposes D&O Gaps For PE Boards

    Author Photo

    The New Jersey Supreme Court's recent decision in Mist Pharmaceuticals v. Berkley Insurance, barring directors and officers coverage, serves as a cautionary tale for private equity executives serving in overlapping roles at sponsor and portfolio companies, say attorneys at Reed Smith.

  • China's New Outbound Investment Rule Reshapes Deal Risk

    Author Photo

    China's new outbound investment regulation introduces broad national security review and penalties, including personal liability, that will necessitate deeper diligence of cross-border deal participants with Chinese ties, earlier regulatory planning and closer attention to sanctions exposure, say attorneys at Freshfields.

  • Tips For Issuers Left In Lurch Without Genius Act Final Rules

    Author Photo

    The compliance runway envisioned by the Genius Act is steadily shrinking after regulators failed to finalize all the required implementing regulations by July 18, so stablecoin issuers should begin implementing "no-regrets" compliance measures and securing outside vendors before the law takes full effect in January, says David Zaslowsky at Baker McKenzie.

  • Why Courts Are Pushing Back On Greenwashing Laws

    Author Photo

    Recent Fourth Circuit and California federal court decisions blocking state greenwashing statutes on First Amendment grounds reveal a tension at the heart of environmental marketing regulation — while states want clarity, courts aren't prepared to let legislatures flatly ban categories of truthful commercial speech, say attorneys at DLA Piper.

  • 3 Ways Tokenization Is Moving To Traditional Finance

    Author Photo

    Recent initiatives reflect efforts to integrate distributed ledger technology into existing regulatory frameworks for securities, banking and payments settlements while preserving the underlying rights and obligations of market participants, say attorneys at Hughes Hubbard.

  • Assessing The Benefits Of Fla.'s Newest Business Structure

    Author Photo

    As of July 1, Florida business owners can create protected series LLCs to shield assets from liability while avoiding increased costs and wasted time, but burdensome recordkeeping obligations are crucial to maintaining the very protection that makes them attractive in the first place, says Gregory Ritter at Moritt Hock.

  • Series

    Teaching SEC Investigations Makes Me A Better Lawyer

    Author Photo

    Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

  • Employer Lessons From Apple Ruling Resolving OT Question

    Author Photo

    In Costa v. Apple, a California federal court recently handed employers a win on a previously unresolved wage and hour question, offering a reminder that favorable outcomes on novel issues often hinge on the specific facts of a company's own program and compliance efforts, say attorneys at Foley & Lardner.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Securities archive.