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Daily Business Review

Bank of America Class Action Heads to Court, as Another Law Firm Steps Into Fray

"Bank of America totally shirked their responsibilities because they didn't confirm what they were supposed to be confirming, they didn't follow the guidelines," claimed Cristina Pierson, partner at Kelley Uustal in Fort Lauderdale.
4 minute read

New Jersey Law Journal

Wells Fargo Taps Fisher & Phillips in Employment Suit

This suit was surfaced by Law.com Radar. Read the document here.
1 minute read

Corporate Counsel

Sullivan & Cromwell Partner to Become Top Lawyer at Apollo

The law firm's co-chairs called Whitney Chatterjee's move the "next chapter of her path-breaking career."
2 minute read

New York Law Journal

New Indictment Against Sam Bankman-Fried Details Schemes to Hide Political Donations

According to the new indictment, which is triple the length of the indictment filed against Bankman-Fried in December and adds several new charges, Bankman-Fried sought to "acquire bipartisan influence" through a political donation scheme involving at least two unnamed FTX executives and tens of millions of dollars.
3 minute read

New York Law Journal

SEC Adopts New Executive Compensation Clawback Rules

A discussion of the final clawback rules published by the SEC on Nov. 28, 2022, in response to the requirement under the Dodd-Frank Wall Street Reform and Consumer Protection Act to increase transparency and disclosure in financial reporting.
7 minute read

Corporate Counsel

Merill Lynch Alum to Head Legal Team at Mortgage Giant

Carlos Pelayo is joining Mr. Cooper Group after holding senior roles at a string of prominent financial players, including Barclays and Lehman Brothers.
2 minute read

The Recorder

Latham Defends Private Equity Firm in Securities Suit Over 'COMP' Tokens

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

The Recorder

Block Faces Shareholder Derivative Suit Following Data Breach Orchestrated by Former Employee

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Daily Business Review

Senate Committee Targets Credit-Card Companies on Gun Sales

The Republican-controlled Senate Banking and Insurance Committee voted to approve a bill that would target yet-to-be-enacted plans by some credit-card companies to create a separate "merchant category code" for sales at firearm businesses.
3 minute read

New York Law Journal

Former SDNY Securities Fraud Prosecutor Joins Cadwalader as Partner in White Collar Group

At the SDNY, Gina Castellano served on the Securities and Commodities Fraud Task Force, led six criminal trials and supervised dozens of other cases.
3 minute read

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