Securities

  • 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.

  • April 01, 2026

    Peloton Escapes Investors' Suit Over Recalled Bikes

    Peloton has extinguished a second attempt by investors to hold the company and its top brass liable for how Peloton handled a recall of its defective bicycle seats, with a New York federal judge finding that the company did not make any material misstatements or omissions to investors.

Expert Analysis

  • Series

    Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • How DExit, Mandatory Arbitration Could Alter IPO Outlook

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    As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies to implement mandatory arbitration provisions, these developments could have a major impact on the initial public offering, securities class action, and directors and officers insurance landscapes, says Walker Newell at Arthur J. Gallagher & Co.

  • Why Prediction Market Regulation Is At Major Inflection Point

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    As prediction markets experience tremendous growth and rapid mainstream adoption, regulators have begun to exercise enforcement authority to ensure market integrity and protect participants, though forthcoming guidance will shed light on how aggressively the agencies will police the fast-changing landscape, say attorneys at Latham.

  • The Benefits Of Choosing A Niche Practice In The AI Age

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    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • Risk Disclosure Lessons For AI Cos. From Dot-Com Era

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    Regulatory responses following the dot-com collapse reflected a consistent emphasis on whether public disclosures enabled investors to understand the economic reality underlying reported performance, a focus that is likely to shape how artificial intelligence infrastructure disclosures are evaluated if market expectations similarly deteriorate, say Diana Connor, Adrienna Huffman and Bin Zhou at the Brattle Group.

  • The Practical Implications Of New FDIC Stablecoin Measures

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    The Federal Deposit Insurance Corp.'s recent proposal to create a formal process for issuing payment stablecoins arrives with several practical implications for FDIC‑supervised banks pursuing digital asset strategies, including a safe harbor for early applicants and a focus on ownership and governance, say attorneys at Troutman.

  • What The CFTC's Event Contracts Amicus Brief Is Missing

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    The U.S. Commodity Futures Trading Commission's recent amicus brief in the Ninth Circuit's North American Derivatives Exchange v. Nevada case declines to define the boundary between swaps and wagers, leaving market participants, exchanges and intermediaries operating within a regulatory framework whose boundaries remain undrawn, says Tamara de Silva at De Silva Law Offices.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • AG Watch: Ohio Targets DEI Policies

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    As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.

  • Tax Court Ruling Signals Cross-Border Loan Scrutiny

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    The U.S. Tax Court’s recent decision in Aventis v. Commissioner compounds ongoing regulatory focus on debt originations and should prompt practitioners to assess their existing cross-border lending structures for potential exposure to U.S. federal income tax, say attorneys at Eversheds.

  • Del. Coinbase Outcome May Have Been Different In Texas

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    The Delaware Court of Chancery's recent decision in Grabski v. Andreessen, finding that a member of the Coinbase special litigation committee was not independent, provides guidance for Delaware boards regarding the formation, composition and operation of SLCs, while offering a counterpoint to the procedures available to Texas-incorporated companies, says John Lawrence at Baker Botts.

  • Why The NCUA's Stablecoin Moment Matters

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    The National Credit Union Administration, a historically conservative federal agency, recently proposed a detailed stablecoin licensing framework, confirming that the proposition of building a regulatory architecture within the banking industry has moved well past "whether" and firmly into "how," says Stephen Aschettino at Fox Rothschild.

  • Lessons From Justices' Split On Major Questions Doctrine

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    The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.

  • Share Repurchases Leave Cos. Susceptible To Litigation

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    Because share repurchases bring greater ownership, which typically brings greater voting power, they can have serious implications for corporate control, which can raise questions about the unpaid benefits to some shareholders and lead to securities class actions, says Amit Bubna at Bates White.

  • How The New Tariff Landscape May Unfold

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    To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.

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