By Ross Todd | April 30, 2020
"This is new terrain in this litigation, so that is also something to take into account," said U.S. District Judge Richard Seeborg of the Northern District of California in granting preliminary approval to the proposed deal to settle claims brought on behalf of investors who alleged that the initial coin offering on the Tezos blockchain violated U.S. securities laws.
The Legal Intelligencer | Commentary
By Katayun I. Jaffari and Sarah B. Dannecker | April 27, 2020
This article discusses some of the key considerations public companies should take into account as they transition from a physical in-person shareholder meeting to a virtual meeting format.
By Ross Todd | March 20, 2020
The proposed deal, reached after two rounds of mediation, would leave open the question of whether the initial coin offering qualified as a securities offering, which would have required the Tezos backers to file a registration statement with the U.S. Securities and Exchange Commission.
By Alaina Lancaster | February 27, 2020
Wednesday's ruling from U.S. District Judge Phyllis Hamilton didn't delve into whether the XRP cryptocurrency meets the definition of a security outlined under federal law, but did find that the class action lawsuits were filed within the applicable time limit.
By Alaina Lancaster | January 15, 2020
If the class action against Ripple Labs proceeds, it would not only threaten to eliminate XRP's utility as a currency, but it would upend and threaten to destroy "the $500 billion XRP market," according to the financial tech company's motion to dismiss.
By Ross Todd | September 26, 2019
U.S. District Judge Edward Davila found that only one of 36 statements identified by the plaintiffs as misleading Facebook investors was actionable. Even in that case he found plaintiffs hadn't demonstrated the intent or deliberate recklessness needed to support a securities fraud claim.
By Ross Todd | September 19, 2019
The agency claims that ICOBox acted as a broker without registering with the agency and should have registered its own "ICOS" tokens as securities.
By Tom McParland | September 10, 2019
"This all may true, but it is not illegal," U.S. District Judge Paul Crotty of the Southern District of New York wrote.
By Edward M. Spiro and Christopher B. Harwood | August 22, 2019
In their Southern District Civil Practice Roundup, Edward M. Spiro and Christopher B. Harwood discuss a recent decision by U.S. District Judge Jed S. Rakoff denying a petition seeking §1782 discovery for failure to satisfy the statutory requirements.
New York Law Journal | Analysis
By J. Scott Colesanti | July 31, 2019
The Securities and Exchange Commission, the multibillion dollar agency that safeguards investors, presently stands on the precipice of the layer Dante reserved for the indecisive. For, nearly a decade after Bitcoin burst onto the scene in 2010, there has been no concrete attempt at delineating purchaser from investor in the cryptocurrency market—indeed, it appears the agency is content to provide guidance regarding fraud and custody rather than defining products and attendant responsibilities for those soliciting funds for digital conversion.
Presented by BigVoodoo
The National Law Journal honors attorneys & judges who've made a remarkable difference in the legal profession in the D.C. area.
New Jersey Law Journal honors lawyers leaving a mark on the legal community in New Jersey with their dedication to the profession.
This event shines a spotlight on the individuals, teams, projects and organizations that are changing the financial industry.
With bold growth in recent years, Fox Rothschild brings together 1,000 attorneys coast to coast. We offer the reach and resources of a natio...
About Us:Monjur.com is a leading provider of contracts-as-a-service for managed service providers, offering tailored solutions to streamline...
Dynamic Boutique law firm with offices in NYC, Westchester County and Dutchess County, is seeking a mid level litigation associate to work ...