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Texas Lawyer

Crypto Industry Joins Forces to Thwart SEC's Airdrop Crackdown

"The crypto industry, through legal scholars, industry groups and organizations, is presenting a united front in high-profile legal battles and fighting back against overreaching regulatory agencies, primarily the SEC," said Tyler Harttraft, a partner at Bull Blockchain Law who is not involved in the case.
4 minute read

The Recorder

SEC Seeks Court Order Sanctioning Elon Musk for Testimony No-Show

Musk's attorney said reimbursing the SEC for duplicative travel would be a fair remedy, but an SEC lawyer said a deterrent was needed.
4 minute read

The Legal Intelligencer

Navigating the SEC's Focus on AI Disclosures

As AI is transforming various aspects of business operations from customer service automation to advanced risk management models, the Securities and Exchange Commission has been closely following these developments and emphasizing the need for clear, accurate and comprehensive AI-related disclosures.
7 minute read

The Legal Intelligencer

'Training to Replace Yourself': Kessler Topaz Co-Founder Set to Retire

"It was a goal of mine to be done at the age of 60," said Kessler, whose firm grew from six to almost 100 attorneys. "I never wanted to be the person sticking around."
5 minute read

New York Law Journal

EV Startup Canoo Tentatively Settles $61 Million Investor Suit

Canoo filed suit in 2022 alleging that DD Global, one of its largest shareholders, must disgorge the $61 million in alleged profits accrued from the sale of some 35 million Canoo shares in 2021.
2 minute read

National Law Journal

SEC Lists 2025 Target Industries in 'Familiar Rubric'

"There is some level of uncertainty this year regarding pending SEC rulemaking," said Ryan Swan, a partner at Paul Hastings.
3 minute read

National Law Journal

Former CFTC Chair and SEC Commissioner Chart Election's Impact on Crypto and Capital Markets

"With respect to crypto, [Kamala Harris'] criminal prosecution background colors how she views the sector," said Paul S. Atkin, chief executive of Patomak Global Partners and U.S. Securities and Exchange Commission commissioner from 2002 to 2008.
4 minute read

The Recorder

Securities Case Over Hawaiian Electric Company's Wildfire Readiness Dismissed

The decision is a win for Skadden in its representation of the Hawaii utility that was faced with a securities class action claim stemming its communications about a wildfire in Maui.
2 minute read

National Law Journal

Jump Trading Accused of Crypto 'Pump and Dump' Scheme

"Anytime you have people poking holes in something that somebody else did, whether they are regulatory or civil actions, it can help guide lawyers in providing better compliance advice to their clients," said Teresa Goody Guillén, a partner at Baker & Hostetler and a crypto expert.
4 minute read

The American Lawyer

Milbank Eyes Next Generation of Regulatory Practice Leaders

"It is important for us not to wake up and find out we are all in our 60s and ready for retirement," said Milbank's George Canellos.
4 minute read

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