Securities

  • November 02, 2026

    SEC's Top Cop On Building A 'Nimble' Enforcement Division

    The U.S. Securities and Exchange Commission has lost hundreds of enforcement employees and seen significant restructuring of its regional offices over the past two years, but the Division of Enforcement's director said that hasn't stopped him from building a "nimble" program that is focused on more than just the number of cases filed.

  • November 02, 2026

    Cronos Investor Says $10M Deal Lets Pot Co. Off Cheap

    Cannabis company Cronos Group Inc. shouldn't be allowed to escape claims it artificially inflated company revenue with a $10 million settlement, a Canadian investor told a New York federal court, arguing the deal threatens to undercut his stronger, certified class action chugging along in the Great White North.

  • November 02, 2026

    50 Cos. Object To Listing On OKX Tokenized Stock Venue

    Fifty publicly traded firms including Goldman Sachs, Microsoft and Nvidia have directed the tokenized stock trading venue OKXICE not to list blockchain-based forms of their shares, according to the crypto platform's latest disclosure.

  • November 02, 2026

    Sports Complex Boss Tagged With $2.2M Restitution Order

    A New York federal judge has ordered the former chief operating officer of an Arizona sporting complex to pay more than $2 million in restitution for his role in a nine-figure bond fraud scheme.

  • November 02, 2026

    LPL Seeks Dismissal Of Revived Cash Sweep Claims

    LPL Financial has asked a California federal judge to dismiss an amended complaint in a proposed class action accusing it of paying customers low interest on uninvested cash in its cash sweep programs, arguing its agreements disclosed the rates and fees and imposed no duty to pay higher returns.

  • November 02, 2026

    AI Agents Raise Stakes For Banks As Legal Fights Loom

    As major banks move to keep artificial intelligence agents from accessing customer accounts, financial services attorneys say the growing use of these tools in financial transactions could test the limits of existing consumer protection laws and set the stage for litigation.

  • November 02, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week allowed a stockholder claim over R1 RCM Inc.'s $8.9 billion buyout to proceed, while investors in Meta Platforms Inc. sued to block a stock restructuring they say would let CEO Mark Zuckerberg sell billions of dollars in shares without giving up control of the company.

  • November 02, 2026

    Cancer Therapy Co. Karyopharm Hits Ch. 11 With Merger Plan

    Pharmaceutical company Karyopharm Therapeutics Inc. on Monday filed for Chapter 11 protection in a Texas bankruptcy court with $441.5 million in debt and a plan to merge with biotechnology firm Ayrmid Ltd.

  • October 30, 2026

    Law360 MVP Awards Go To Top Attorneys From 89 Firms

    The lawyers chosen as Law360's 2026 MVPs stand out from their peers by notching significant achievements in high-stakes litigation, complex global matters and record-setting transactions.

  • October 30, 2026

    OCC Has 'Serious' Concerns On Calif. Climate-Disclosure Law

    The Office of the Comptroller of the Currency is lobbying California environmental regulators for a national bank carveout from their anticipated state climate-related disclosure rules, signaling it could otherwise seek to shield banks with its federal preemption powers.

  • October 30, 2026

    Binance's $6.3B Crypto Hack Puts Customer Trust To The Test

    The record $6.3 billion hack of Binance is likely to test customers' faith in the cryptocurrency giant, with its ability to repay losses and willingness to take steps to strengthen its cyber defenses poised to shape whether investors stick with the platform.

  • October 30, 2026

    'Why Would I Deceive You?': Fact-Checking The Holmes Doc

    With former Theranos CEO Elizabeth Holmes' criminal case receiving renewed attention following the recent release of Nathan Fielder and Lance Oppenheim's documentary "You Can See Everything," Law360 answers questions about Holmes' 2022 securities fraud conviction and fact-checks some of the documentary's most talked-about moments.

  • October 30, 2026

    Custodia Urges High Court To Curb Fed 'Tyranny'

    Custodia Bank again urged the U.S. Supreme Court to review a Tenth Circuit ruling allowing regional Federal Reserve banks to deny eligible banks master accounts, saying only the high court can "put an end to the Fed's tyranny over financial innovation."

  • October 30, 2026

    CFTC Seeks To Block Utah Prediction Market Actions

    The U.S. Commodity Futures Trading Commission is asking a Utah federal judge to temporarily block the state from pursuing enforcement actions against prediction market platforms, including Utah's active civil and criminal cases against Kalshi.

  • October 30, 2026

    Ex-Wells Fargo Director Seeks $1M Fee Award After Appeal

    A former Wells Fargo director and an attorney who represented him in his $22 million Americans with Disabilities Act suit against the bank are making a second attempt to collect attorney fees, pushing a North Carolina federal judge for over $1 million.

  • October 30, 2026

    The SEC Is Reading Your Corporate AI Disclosures

    The top cop at the U.S. Securities and Exchange Commission says agency attorneys are on the lookout for at least two types of artificial intelligence-related fraud: those that use AI to dupe social media users and those committed by companies that fail to properly disclose their use of the new technology.

  • October 30, 2026

    SEC Fines Adviser Over Conflicts Of Interest, Disclosures

    A New York investment adviser will pay the U.S. Securities and Exchange Commission $364,000 to resolve claims it breached its fiduciary duty to clients by failing to disclose conflicts of interest involving its affiliated broker-dealer's receipt of revenue-sharing compensation and by including misleading liability disclaimer language in its advisory agreements.

  • October 30, 2026

    ChargePoint To Fund $11M Investor Deal From Its Own Cash

    ChargePoint Holdings Inc. investors inked an $11 million deal to end a proposed securities class action alleging the electric vehicle charging company improperly inflated its revenues, according to a motion filed Thursday asking a California federal judge to preliminarily approve the settlement.

  • October 30, 2026

    2nd Circ. To Hear CFTC At Kalshi, Conn. Oral Arguments

    The Second Circuit on Friday said it would permit the U.S. Commodity Futures Trading Commission to share its views on prediction market regulation at upcoming oral arguments between Kalshi and Connecticut regulators.

  • October 30, 2026

    Pharma Supplier Sues To Undo $52M Minority Stake Deal

    Pharmaceutical ingredient manufacturer Pfanstiehl Holdings Inc. has sued a minority shareholder and its general partner in the Delaware Chancery Court, seeking to unwind a $52.3 million transaction that allegedly transferred a majority economic interest in the shareholder's stake to an unidentified investor without required notice or consent.

  • October 30, 2026

    Kalshi Taps Clement For High Court Sports Contracts Fight

    Kalshi has hired appellate heavyweight Paul D. Clement of Clement & Murphy PLLC to represent the company in its potential U.S. Supreme Court battle over whether the prediction markets platform's sports wagering is subject to state or federal oversight.

  • October 30, 2026

    Real Estate Investors Say Deceit Tanked Conn. Projects

    A group of investors living in Israel is demanding to know what happened to the millions of dollars it put into three Connecticut properties that decayed and fell into foreclosure, bringing a contract and fraud suit Friday against the managing member of the underlying corporate entities.

  • October 30, 2026

    Hedge Fund Exec Fights $40M In IRS Foreign Reporting Fines

    A hedge fund manager is seeking to recover nearly $40 million in foreign account reporting penalties, telling the U.S. Court of Federal Claims that the IRS violated his due process rights and administrative rules in imposing fines linked to his bankrupt Texas tycoon father's international accounts.

  • October 30, 2026

    Racing Mogul's Estate Asks Tax Court To Ax $58M Tax Bill

    An automobile racing mogul's estate asked the Tax Court to spike a $58.3 million estate tax deficiency, alleging that the IRS erred in revaluing its equity holdings.

  • October 30, 2026

    Judge Won't Free Pierce Atwood Of Investor's Malpractice Suit

    Pierce Atwood LLP failed to win dismissal of a lawsuit from a Ukrainian oligarch who says the firm's advice led to a $1.85 million judgment against him in investor litigation over the liquidation of now-insolvent genetic testing company Pathway Genomics Corp.

Expert Analysis

  • Series

    Fintech Regulator Outlook: Collaboration In North Dakota

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    The recent speed of new digital asset products entering the market continues to introduce compliance challenges, so regulators and companies alike must examine the intersection of artificial intelligence, cybersecurity, collaboration and modernization to navigate regulatory complexity, says Lise Kruse at the North Dakota Department of Financial Institutions.

  • As Congress Stalls, SEC Hits Go On 'Innovation Exemption'

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    While the U.S. Securities and Exchange Commission's recently issued innovation exemption to facilitate on-chain trading of certain tokenized stocks isn't a replacement for a comprehensive legislative framework, it reduces the likelihood that further congressional delay will freeze market development, says Stephen Aschettino at Fox Rothschild.

  • What Lawyers Should Know Before Accepting Crypto Payment

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    As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying ethics opinions, as well as the related questions that no authority has yet answered, says attorney Felix Shipkevich.

  • Where The 3 Prediction Market Appellate Rulings Diverge

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    Although the recent Third, Sixth and Ninth Circuit opinions concerning prediction markets overlap on some issues, they differ on key statutory questions, deepening a circuit split over both the classification of sports event contracts and the scope of federal preemption, says Levi Giovanetto at Sheppard.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    California's financial regulators spent the third quarter of 2026 focusing on consumer protection enforcement at home while resisting federal efforts to displace state oversight — reinforcing the state's intention to shape the compliance landscape for institutions operating within its borders despite federal deregulatory trends, say attorneys at Ropes & Gray.

  • How AI Is Reshaping The Structure Of Crypto Venture Deals

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    As founders at the intersection of crypto and artificial intelligence increasingly face capital-raising quandaries, parties structuring crypto venture deals should weigh how equity, token and hybrid financings allocate value to avoid tricky contractual governance and fiduciary law questions down the line, say attorneys at Cahill Gordon.

  • How States May Enter The Shareholder Proposal Landscape

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    Rescission of the U.S. Securities and Exchange Commission's shareholder proposal rule doesn't herald the end of shareholder activism, but it allows state legislatures to play a central role in determining the future of shareholder proposals, with that uncertainty creating new opportunities for both issuers and activists, say attorneys at Thompson Coburn.

  • Series

    Mentalism Makes Me A Better Lawyer

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    Convincing strangers I can read their minds may seem like an unusual second career for a legal practitioner, but both disciplines share several important requirements, including trust and preparation, says Warren Biro at Manatt.

  • Why And How To Build A Neurodiversity-Informed Practice

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    By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.

  • Series

    Illinois Banking Brief: All The Notable Legal Updates In Q3

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    Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful Seventh Circuit decisions, and a high-profile constitutional challenge to the state's new digital asset tax, say attorneys at Barnes & Thornburg.

  • How SEC Is Changing The Shareholder Proposal Landscape

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    The U.S. Securities and Exchange Commission continues to place its shareholder proposal rule at the center of its agenda, now with a newly proposed rule that would rescind it entirely, showcasing an agency seeking to narrow its overall focus, say attorneys at Thompson Coburn.

  • SEC's Shareholder Activism Role After The '26 Proxy Season

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    The U.S. Securities and Exchange Commission recently proposed eliminating its shareholder proposal rule, but this proxy season's combination of elevated campaign activity, limited formal escalation and measured voting outcomes illustrates why a targeted SEC role remains important, say attorneys at Sidley.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q3

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    Several developments from New York financial services regulators in the third quarter reflect a common theme — regulators are increasingly seeking to apply established supervisory expectations to newer market participants and emerging financial products, say attorneys at Blank Rome.

  • Prediction Market Case Tests Novel Insider Trading Theory

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    The government's argument in its case against a soldier accused of using classified information to bet on Venezuelan President Nicolás Maduro's capture would represent a sea change in how insider trading wire fraud has been prosecuted for decades, says Alex Blanchard at Holland & Knight.

  • Why Importers Should Assess IEEPA Refund Claims Now

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    Businesses that wait for direction from U.S. Customs and Border Protection or the courts before seeking refunds of their finally liquidated International Economic Emergency Procedure Act duties in court may find them out of reach as the earliest potential limitation deadlines are approaching, says Samuel Finkelstein at LMD Trade Law.

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