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The Recorder

Nasdaq Sues Singaporean Company for Reselling Its Financial Feeds

Nasdaq's complaint accuses an unnamed company of misappropriating the financial services company's data and undermining its business by selling the stock feeds at a discount
3 minute read

Corporate Counsel

Financial Firms Hit With Another $470M in 'Off-Channel' Communications Fines

The 3-year-old crackdown now has yielded more than $3 billion in penalties, and regulators show no signs of letting up.
2 minute read

Corporate Counsel

More CEOs May Unleash Buyout Offers, Creating Hornet's Nest of Challenges for Boards

23andMe set up an independent board committee and hired legal and financial advisers to work with it after CEO Anne Wojcicki offered to take the company private.
6 minute read

Corporate Counsel

Microsoft-Backed Startup Hires Blockchain Guru as First Legal Chief

"Being part of a team that's pushing the boundaries of decentralized tech, and shaping the legal strategies that support this innovation, is incredibly rewarding."
2 minute read

Corporate Counsel

Ex-Binance General Counsel Takes Legal Reins of Rival Crypto Exchange

Hon Ng departed Binance a year ago, amid news reports that executives were unhappy with how the CEO was handling a Department of Justice money-laundering investigation. It later settled with the DOJ for $4 billion.
2 minute read

Daily Business Review

Florida Man Charged With $300M Real Estate Ponzi Scheme

"Investors should be vigilant when they encounter aggressive sellers who make over-the-top sales pitches and promise high rates of guaranteed returns," said Nekia Hackworth Jones, director of the SEC's Atlanta regional office.
3 minute read

The Legal Intelligencer

Pa. Law Firm Sues IRS, Seeking Nearly $800K in Pandemic-Era Tax Credits

Are personal injury firms, inherently reliant on a functioning court and jury trial system to bring in revenue, entitled to relief from the pandemic?
4 minute read

Law.com

United Community Bank Seeks $4.1M in Loan Repayments From Charlotte-Based Housing Developer

Despite notices to the defendants, the bank claims that as of July 23, Nest Homes has failed to make payments consisting of: $4 million in principal fees; $140,399.70 in accrued and unpaid interest; and $5,246.29 in late fees and other charges, and interest continues to accrue at $1,064.32 per day, the complaint said.
2 minute read

National Law Journal

Big Law Partner Hiring Sees Surge in DC and New York

Bracewell, McGuireWoods, Nixon Peabody and Arnold & Porter Kaye Scholer all brought on new partners over the last week.
3 minute read

New York Law Journal

Enforcing Money Judgments Against Co-Op Apartments

Judgments may be enforced against any property interest of a judgment debtor, real or personal, tangible, or intangible, unless specifically exempted by law. Thus, co-op apartments, common in New York City, can be reached by a judgment creditor, but there are several issues counsel should consider.
7 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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