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Securities
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January 29, 2026
Debevoise Appoints Commercial Litigation Group Co-Leaders
Debevoise & Plimpton LLP promoted two litigators to be co-chairs of its commercial litigation practice, the firm has announced.
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January 29, 2026
Shoddy Funds Cost Bloomberg 401(k) Investors Big, Suit Says
Bloomberg may have lost its workers almost $200 million by failing to nix two underperforming investment funds from its $5 billion retirement plan, according to a proposed class action filed in New York federal court on Thursday claiming the financial data and media company shirked its fiduciary duties.
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January 29, 2026
TreeHouse Foods Sued In Chancery For Docs On $2.9B Sale
A TreeHouse Foods stockholder filed suit in Delaware's Court of Chancery late Wednesday for expedited access to withheld documents on the company's $2.9 billion agreement in November to sell the packaged snack and beverage company to affiliates of Investindustrial VIII SCSp, an independently managed group of European investment, holding and advisory companies.
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January 28, 2026
Powell Says Cook Case May Be 'Most Important' In Fed History
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's U.S. Supreme Court bid to oust Fed Gov. Lisa Cook represents "perhaps the most important" case in the history of the central bank, defending his move to attend the high court's recent hearing on the matter.
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January 28, 2026
Northern Trust VP Stole Millions From Elderly Client, Suits Say
An elderly banking heiress and her nephew have sued the Northern Trust Co., alleging the wealth management firm failed to safeguard their assets from a now-former vice president who helped himself to millions of dollars of their funds.
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January 28, 2026
SEC Says Musk Can't Fight 'Uncontested' Facts In Twitter Case
The U.S. Securities and Exchange Commission on Wednesday further urged a D.C. federal judge to grant it an early win in the agency's enforcement action against Elon Musk over his Twitter stock purchases, saying Musk's recent opposition brief "only confirms that the court should grant" summary judgment.
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January 28, 2026
Judge Vacates $1.3M Deal After 7 Years Pass With No Payment
A California federal judge has vacated an order from seven years ago preliminarily approving a $1.3 million settlement of claims brought by Wins Finance Holdings Inc. shareholders, saying Wins' failure to secure approval from the Chinese government to release the funds makes it unlikely the investors will get paid under the deal.
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January 28, 2026
Data Co.'s Brass, Top Customer Face SEC 'Round-Trip' Claims
Executives of a now-bankrupt data intelligence company face U.S. Securities and Exchange Commission claims that they conspired with one of the company's biggest customers on a so-called round-trip accounting scheme to overstate the company's revenue and become a more attractive target for a special purpose acquisition company.
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January 28, 2026
CFTC Taps Treasury Atty To Be General Counsel
The Commodity Futures Trading Commission announced Wednesday it has hired a Treasury Department lawyer with BigLaw experience to serve as the derivatives regulator's new general counsel.
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January 28, 2026
Tax Court Rejects Aventis' Securitizing Debt Assets
Pharmaceutical giant Aventis Inc. is ineligible for a favorable tax treatment on its securitization of financial assets, the U.S. Tax Court ruled Wednesday, finding the company did not comply with statutory requirements and failed to show it was not the beneficial owner of the assets.
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January 28, 2026
Crypto Investors Want Mark Cuban Suit Sent To Texas
Crypto investors suing billionaire Mark Cuban and his former NBA team the Dallas Mavericks over their alleged promotion of the collapsed exchange Voyager have asked a Florida federal judge to transfer their claims to Texas, a month after the judge dismissed the claims on personal jurisdiction grounds.
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January 28, 2026
Chinese Man Gets 46 Months In $37M Pig Butchering Scam
A Chinese national was sentenced to 46 months in prison Tuesday in California federal court for participating in a global network that tricked 174 victims lured in from dating apps into pouring money into fake digital asset investments, and ultimately laundering $36.9 million in cryptocurrency proceeds to scam centers overseas.
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January 28, 2026
Investor Says Cannabis Biz Shielded Tax Debt Before Sale
A Los Angeles investor claimed in a state lawsuit that he was defrauded out of $100,000 by a cannabis business owner and brokers who sold him shares in a dispensary without warning him that its tax debt was nearly $150,000.
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January 28, 2026
SEC Urged To Adopt Insider Trading Rules For Foreign Firms
A former member of the U.S. Securities and Exchange Commission is among a trio of academics pressing the agency to write rules cracking down on insider trading at foreign companies that trade on U.S. exchanges, urging action before a congressionally mandated deadline runs out in March.
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January 28, 2026
Nomura Unit Taps Legal Chief To Steer Crypto Trust Bank Plan
A crypto-focused subsidiary of financial services group Nomura has applied to the Office of the Comptroller of the Currency to establish a national trust bank headed by its legal chief.
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January 28, 2026
Ropes & Gray Adds 3 Partners In New York
Ropes & Gray LLP has expanded its offerings in New York with the addition of three attorneys, one each from Debevoise, Paul Weiss and Wachtell Lipton.
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January 27, 2026
ADM To Pay $40M To Resolve SEC Accounting Fraud Claims
Archer-Daniels-Midland Co. has agreed to shell out $40 million to put to rest U.S. Securities and Exchange Commission allegations the company and several former executives committed accounting and disclosure fraud, according to announcements made Tuesday.
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January 27, 2026
Crypto Network Cofounder Hit With $100M RICO Suit
The co-founder and board members of cryptocurrency-associated data cloud platform Cere Network were sued in California federal court Tuesday over an alleged pump-and-dump scheme where they secretly sold over $41 million in Cere tokens on various exchanges and misappropriated investor funds.
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January 27, 2026
US Bancorp Shells Out $250K To End Workers' 401(k) Suit
U.S. Bancorp has agreed to pay $250,000 to end a class action by participants in the company's employee 401(k) plan alleging the plan paid excessive recordkeeping fees in violation of federal benefits law.
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January 27, 2026
SEC Blunts Some Shareholder Activists With Policy Reversal
The U.S. Securities and Exchange Commission has reversed course on allowing shareholders with less than $5 million in holdings to publicize information about their proxy ballot proposals through the agency, saying it will object to such voluntary submissions going forward.
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January 27, 2026
Delaware Court Nixes Comerica-Fifth Third Merger Block
A premium deal price and lack of a competitive alternative justified the Court of Chancery's rejection of an injunction barring banking company Comerica Inc. from moving ahead with a $10.9 billion acquisition by Fifth Third Bancorp, a Delaware vice chancellor said in a letter decision released late Monday.
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January 27, 2026
UBS Wants Hayes' $400M Malicious Prosecution Suit Axed
UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors.
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January 27, 2026
Iowa Can't Block Schwab's Antitrust Deal, 5th Circ. Told
A group of investors who settled with The Charles Schwab Corp. in an antitrust suit over the financial services company's merger with TD Ameritrade has urged the Fifth Circuit to dismiss an appeal filed by the state of Iowa, which had previously objected to the settlement's lack of monetary benefit to the class and proposed attorney payouts.
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January 27, 2026
Chancery Keeps Alive Jefferies Claims In EV Co. SPAC Suit
Aiding and abetting and breaches of fiduciary duty claims went forward in Delaware Chancery Court on Tuesday against Jefferies LLC in connection with the $1.4 billion take-public blank check company merger of electric vehicle company Electric Last Mile Solutions Inc.
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January 27, 2026
Autodesk Investor Suit Over Internal Controls Axed For Good
A California federal judge has dismissed, for good, a class action alleging that software company Autodesk misled investors on its financial metrics and internal controls, finding that there is nothing actionable or misleading about the three remaining challenged statements in the suit.
Expert Analysis
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.
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How Shareholder Activism Fared In 2025
2025 was a turbulent yet transformative year in shareholder activism, and there are several key takeaways to help companies prepare for a 2026 that is shaping up to be even more lively, including increased focus on retail investors and the use of social media as a tool, say attorneys at Sidley.
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Justices' Separation-Of-Powers Revamp May Hit States Next
The U.S. Supreme Court's 2024 decision in U.S. Securities and Exchange Commission v. Jarkesy quietly laid the groundwork for an expansion of the court's separation-of-powers agenda beyond the federal level, but regulated parties and state and local governments alike can act now to anticipate Jarkesy's eventual wider application, say attorneys at Troutman.
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Preparing For Congressional Investigations In A Midterm Year
2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.
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Key Trends Shaping ESG And Sustainability Law In 2026
2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.
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How Bank M&A Prospects Brightened In 2025
Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.
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3 Securities Litigation Trends To Watch In 2026
Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.
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4 Developments That Defined The 2025 Ethics Landscape
The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.
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Navigating AI In The Legal Industry
As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.
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Regulatory Rollback And Lingering Limbo: The CFPB In 2025
The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.
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2025 Calif. Banking Oversight Centered On Consumer Issues
The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.
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The Major Securities Litigation Rulings And Trends Of 2025
The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.
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The CFTC's Road Ahead Under Newly Confirmed Chair
Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.