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New York Law Journal

Federal Court Just Ruled CFTC Can Regulate Crypto—But Agency Isn't Alone

“Every agency wants to feel like they have a say in this growing ecosystem that is developing," one attorney said.
4 minute read

The Legal Intelligencer

Recent Supreme Court Decision Narrows Definition of Whistleblower

Last week the U.S. Supreme Court significantly narrowed the definition of a “whistleblower” under Dodd-Frank.
8 minute read

National Law Journal

Special Master Delays High-Stakes Report on $75M Class Action Fee Request

A special master looking into potential overbilling in a $75 million attorney fee request has delayed the findings of a report he said could have “serious and far-reaching adverse ramifications” for plaintiffs firms in the case and “for the practice of the plaintiffs' class action bar.”
4 minute read

Corporate Counsel

SEC Expands Cybersecurity Guidance: All Public Companies Must Take Note

On Feb. 21, the SEC issued interpretive guidance to public companies, informing them on how and when to disclose actual and potential cybersecurity-related risks, breaches or incidents.
12 minute read

Litigation Daily

Shout-Out: Skadden Succeeds, Times Two

Skadden litigators scored a pair of wins last week.
2 minute read

New York Law Journal

Shkreli Ordered to Forfeit More Than $7.3M for Securities Fraud

Former pharmaceutical executive Martin Shkreli, convicted last year of two counts of securities fraud and a related conspiracy charge and awaiting sentencing, has been ordered to forfeit more than $7.3 million in assets.
4 minute read

Litigation Daily

Civil War on the Plaintiffs Side as Robbins Geller Attacks Firms Seeking Dubious Fees

Lawyers from plaintiffs powerhouse Robbins Geller Rudman & Dowd called out “a cadre of firms responsible for a dramatic explosion of federal deal litigation,” and urged a federal judge in San Francisco to reject a fee request by fellow plaintiffs' counsel.
6 minute read

The Recorder

Coinbase Hit With Class Action Claiming Insiders Benefited From 'Bitcoin Cash' Launch

The company is accused of tipping off employees to the launch of trading in Bitcoin Cash on its exchange, allowing regular investors to be ripped off.
3 minute read

Daily Report Online

King & Spalding Lures Alston & Bird Partner—and Other 'On the Move' News

Securities litigator Jessica Corley said King & Spalding's white-collar practice complements her practice defending public companies and their directors and officers.
5 minute read

New York Law Journal

Traders Tried to Launder Stock Fraud Funds With Picasso Purchase, Feds Say

According to federal officials, the Picasso work was meant to help launder some $9 million worth of illicit funds.
3 minute read

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