ÃÛÌÒÊÓÆµ

Securities

  • August 22, 2025

    Rite Aid Execs Dodge Investor Suit Over Opioid Litigation

    Several of Rite Aid's executives have escaped a securities fraud suit accusing them of making misleading statements about the pharmacy retailer's opioid-related liabilities, with a Pennsylvania federal court finding they sufficiently cautioned investors about the company's ongoing legal battles.

  • August 22, 2025

    Ex-Pharma Exec Leaked Bankruptcy Deliberations, Suit Says

    BioCurity Pharmaceuticals Inc. and its advisers sued a former officer of the company, alleging that she broke a nondisclosure agreement to disparage the advisers and leak the company's bankruptcy deliberations to its shareholders.

  • August 22, 2025

    JPMorgan Agrees To Pay $330M To Resolve 1MDB Allegations

    JPMorgan Chase has agreed to pay $330 million to Malaysia's Assets Recovery Trust Account to resolve allegations the bank's Swiss unit facilitated transfers associated with the 1Malaysia Development Berhad, or 1MDB, according to a joint announcement made Friday.

  • August 22, 2025

    NYC Mall Lenders, Developer Ax Foreign Investor Suit

    A New York federal judge dismissed foreign investors' suit over the loss of their investment in a New York City mall project, finding they failed to prove their investments were lost because parties allowed their funds to be subordinated to later financing provided by a Goldman Sachs affiliate.

  • August 22, 2025

    2nd Circ. Revives Some Rate-Rigging Claims Against Banks

    The Second Circuit on Friday partially revived claims that UBS AG and the Royal Bank of Scotland PLC manipulated a key interest rate for the lending of euros, allowing a pair of funds to press forward with claims that the banks' actions harmed U.S. investors trading derivatives tied to the rate.

  • August 22, 2025

    CFTC Seeks Industry Input On White House Crypto Recs

    The Commodity Futures Trading Commission is asking crypto stakeholders to share feedback on recommendations in the White House's digital asset report as the agency continues a "crypto sprint" toward their implementation.

  • August 22, 2025

    SEC Sues 5 For Insider Trading Before Chinook-Novartis Deal

    The U.S. Securities and Exchange Commission filed suit on Friday against five individuals for allegedly engaging in insider trading involving Chinook Therapeutics stock ahead of its $3.5 billion acquisition by Novartis, resulting in wrongful gains of more than $500,000 from their trades using material nonpublic information.

  • August 22, 2025

    Under Trump, White Collar Crypto Defense Gets New Playbook

    White collar lawyers are crafting new blueprints for crypto-related civil and criminal defense amid the Trump administration's embrace of the industry and the financial world’s growing acceptance of cryptocurrency as a legitimate asset.

  • August 22, 2025

    NJ Judge Halts Ex-CEO's Sentencing After Habba Ruling

    Citing a federal court ruling that the Garden State's U.S. attorney is serving unlawfully, a New Jersey federal judge issued an order Friday postponing indefinitely the sentencing of the ex-chief executive of SCWorx Corp., who had promoted a $670 million COVID-19 test kit deal that later fell apart.

  • August 22, 2025

    DLA Piper Boosts VC Practice With Goodwin Atty In NY

    DLA Piper has added a longtime Goodwin Procter LLP partner to its emerging growth and venture capital practice in New York, the firm announced.

  • August 22, 2025

    Real Estate AI Co. Can't Dodge $100M Share Deal Breach Suit

    A New York federal judge has mostly denied reAlpha Tech Corp.'s bid to toss a Luxembourg-based investment firm's suit seeking to enforce a $100 million share purchase agreement, rejecting reAlpha's arguments seeking to toss the suit's breach of contract and damages claims but dismissing the plaintiff's declaratory judgment claim.

  • August 22, 2025

    SEC Scores $67M In Judgments In 'Weedgenics' Fraud Case

    Four individuals and several entities allegedly tied to a $61.7 million scheme to defraud would-be investors in a purported cannabis cultivation business named Weedgenics have been ordered to pay the U.S. Securities and Exchange Commission roughly $67 million, a federal judge has ruled.

  • August 22, 2025

    PE Industry Primed To Capitalize On Trump 401(k) Order

    The Trump administration recently said it would reduce regulatory obstacles to retirement plans investing in alternative assets such as private equity, and while attorneys cautioned it could carry risks, they generally applauded the move towards "democratizing capital."

  • August 21, 2025

    Nikola SPAC, Related Settlements Reach $33.75M In Del.

    A multi-court string of settlements has produced a $33.75 million proposed payout for stockholders who alleged in direct and derivative state and federal actions that they were misled in deals that took electric vehicle maker Nikola Corp. public.

  • August 21, 2025

    Feds Say Self-Styled 'Luminary' Stole $800K From Investors

    A long-suspended broker and self-styled online stock trading "luminary" is facing criminal charges he defrauded dozens of investors out of nearly $800,000, misappropriating over half of those funds to pay five-figure travel bills and other personal expenses.

  • August 21, 2025

    Tribe Sues Kalshi, Robinhood To Block 'Gaming Racket'

    A Wisconsin Native American tribe accused trading platforms Kalshi and Robinhood of running a gambling racket through their offering of sports event contracts in a suit that seeks to permanently bar the firms from serving users on the tribe's land.

  • August 21, 2025

    'Sustainable' Fintech Leader Cops To $248M Investor Fraud

    The co-founder of bankrupt financial services company Aspiration Partners Inc. agreed on Thursday to plead guilty to defrauding investors and lenders.

  • August 21, 2025

    BlockFi Judge Urged To OK $13M Deal As Objector Withdraws

    Investors who reached a $13.2 million settlement with the failed cryptocurrency lender BlockFi Inc. have urged a federal judge to move forward with the plan now that a class member has withdrawn his objections to the deal.

  • August 21, 2025

    Biz Groups Appeal Calif. Climate Reporting Ruling To 9th Circ.

    The U.S. Chamber of Commerce and other business groups have appealed a court order rejecting their bid to block new California state regulations requiring large companies to publicly disclose their greenhouse gas emissions and climate-related financial risks that they claim violate their First Amendment rights.

  • August 21, 2025

    Fintech Co. Ryvyl's $1M Investor Settlement Gets Initial OK

    A California federal court has granted preliminary approval to fintech company Ryvyl Inc.'s $1 million cash and stock class action settlement with investors who accused the company of concealing its accounting issues.

  • August 21, 2025

    States Urge 2nd Look At $185M Metals Fraud Ruling

    State regulators are asking a Texas federal judge to reconsider a ruling that threatens a $185 million fraud case before it can be brought to trial in October, saying that the judge contradicted ruling precedent when he decided that metals like gold and silver don't qualify as commodities in some instances.

  • August 21, 2025

    Snap Inc. Hit With Investor Suit Over Ad Platform Glitch

    Snapchat's parent company, Snap Inc., was hit with a proposed shareholder class action Thursday in California federal court accusing it of concealing the effects of a glitch on its advertising auction system that caused it to lose revenue.

  • August 21, 2025

    Digital Ad Co. Misled Investors About Client Loss, Suit Says

    Digital advertising firm PubMatic Inc. and two of its executives have been hit with a proposed shareholder class action in California federal court alleging they failed to inform investors about the loss of a key customer for its digital marketing business, which led to a stock price decline when the truth came to light.

  • August 21, 2025

    Nikola Ch. 11 Plan Ignores Trump Pardon, Founder Says

    Trevor Milton, the founder and former CEO of electric-truck maker Nikola who was convicted of securities fraud, has asked the Delaware bankruptcy court not to allow the company to subordinate his $69 million claim, saying its Chapter 11 plan doesn't accurately account for the full presidential pardon he received earlier this year.

  • August 21, 2025

    Tyson Foods Sued In Del. For Docs On Poultry Care, Deaths

    A Tyson Foods Inc. stockholder on Thursday sued the company — which is the largest among the nation's chicken producers — for a Delaware Court of Chancery ruling compelling release of records on alleged child labor violations and failures by Tyson to assure proper feeding and treatment of poultry grown on contract farms.

Expert Analysis

  • SEC Proposal Could Hurt Foreign Issuers' US Market Access

    Author Photo

    The U.S. Securities and Exchange Commission’s June call for feedback on potentially narrowing how it designates foreign private issuers of securities could ultimately result in significant new barriers for traders that rely on FPI accommodations to participate in U.S. markets, say attorneys at Gibson Dunn.

  • DOJ's 1st M&A Declination Shows Value Of Self-Disclosures

    Author Photo

    The U.S. Department of Justice's recent decision not to charge private equity firm White Deer Management — the first such declination under an M&A safe harbor policy announced last year — signals that even in high-priority national security matters, the DOJ looks highly upon voluntary self-disclosures, say attorneys at Perkins Coie.

  • Series

    Law School's Missed Lessons: Practicing Self-Care

    Author Photo

    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • Nev. Steps Up Efforts To Attract Incorporations With New Law

    Author Photo

    Recent amendments to Nevada corporate law, which will narrow controlling stockholders’ liability, streamline mergers and allow companies to opt out of jury trials, show the interstate competition to attract new and reincorporating companies is still heating up, say attorneys at Simpson Thacher.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

    Author Photo

    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • 3rd-Party Audit Tactics To Improve Export Control Compliance

    Author Photo

    Companies should take a strategic approach to third-party audits in response to the Trump administration's ramp-up of export control enforcement with steps that strengthen their ability to identify the control weaknesses of distributors, dealers and resellers, say Michael Huneke at Hughes Hubbard, and John Rademacher and Abby Williams at Secretariat Advisors.

  • Can Companies Add Tariffs Back To Earnings Calculations?

    Author Photo

    With the recent and continually evolving tariffs announced by the Trump administration, John Ryan at King & Spalding takes a detailed look at whether those new tariffs can be added back in calculating earnings before interest, taxes, depreciation and amortization — an important question that may greatly affect a company's compliance with its financial covenants.

  • Series

    My Opera And Baseball Careers Make Me A Better Lawyer

    Author Photo

    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • A Look At DOJ's Dropped Case Against Early Crypto Operator

    Author Photo

    The prosecution of an early crypto exchange operator over alleged unlicensed money transmission was recently dropped in Indiana federal court, showcasing that the U.S. Justice Department may be limiting the types of enforcement cases it will bring against digital asset firms, say attorneys at Greenberg Traurig.

  • Policy Shifts Bring New Anti-Money Laundering Challenges

    Author Photo

    In the second half of 2025, the U.S. anti-money laundering regulatory landscape is poised for decisive shifts in enforcement priorities, compliance expectations and legislative developments — so investment advisers and other financial institutions should take steps to prepare for potential new obligations and areas of risk, say attorneys at Linklaters.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

    Author Photo

    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Assessing New Changes To Texas Officer Exculpation Law

    Author Photo

    Consistent with Texas' recent modernization of its corporate law, the recently passed S.B. 2411 allows officer exculpation, streamlines certificate of formation amendments, authorizes representatives to act on shareholders' behalf in mergers and makes other changes aimed toward companies seeking a more codified, statutory model of corporate governance, say attorneys at Bracewell.

  • Is SEC Moving Away From Parallel Insider Trading Cases?

    Author Photo

    The U.S. Securities and Exchange Commission's apparent lack of follow-up in four recent criminal cases of insider trading brought by the Justice Department suggests the SEC may be reconsidering the expense and effort of bringing parallel civil charges for insider trading, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Communicating With Clients

    Author Photo

    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Prepping For SEC's Changing Life Sciences Enforcement

    Author Photo

    By proactively addressing several risk areas, companies in the life sciences sector can position themselves to minimize potential exposure under the U.S. Securities and Exchange Commission's return to back-to-basics enforcement focused on insider trading and fraud, say attorneys at Morgan Lewis.

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.