NEXT
Sign in to follow

Texas Lawyer

Crypto.com Becomes Latest Industry Player to Sue the SEC

"The outcome of this case could have far-reaching implications, not just for Crypto.com, but for the broader crypto industry, particularly as it relates to secondary-market transactions and how they're regulated," said Tonya M. Evans, a professor at Penn State Dickinson Law whose research includes digital assets.
4 minute read

Law.com

Skadden Partners: String of Securities Wins Highlights Cross-Border Practice

Partner Scott Musoff, who worked on five of the six cases, said the rate of dismissals is in part due to the firm's caseload, which has included the defense of at least 60 foreign securities issuers in the past few years, most of which are in Asia.
3 minute read

The Recorder

Super Micro Hit with Securities Lawsuit For Alleged Statements Over Russian Sanctions-Busting

Shareholders filed the class action in San Jose federal court. Class counsel from Hagens Berman Sobol Shapiro and Labaton Keller Sucharow included he company's CEO and CFO as co-defendants.
4 minute read

The American Lawyer

SEC Enforcement Leaders Head to Milbank, Morgan Lewis

Enforcement chief Gurbir Grewal will land at Milbank following his forthcoming departure from the agency. Carolyn Welshhans, formerly associate director of the Division of Enforcement, started at Morgan Lewis on Monday.
4 minute read

New York Law Journal

SEC Enforcements Highlight Risk of Noncompliance—Gone Are 'You Pay Your Money and Takes Your Chance' Days in the U.S.

Recently, SEC concerns over the influence of large investors on the securities markets have manifested a robust sweep of enforcement actions.
7 minute read

New York Law Journal

Forward-Looking Statements Don't Support Securities Case Against Peloton Following Pandemic Spike

U.S. District Judge Andrew L. Carter Jr.'s opinion ends nearly three years of stock-price drop litigation which shareholders filed after Peloton's 2021 announcement that its demand growth had slowed more than previously projected. Latham & Watkins represented Peloton in the case.
2 minute read

Delaware Business Court Insider

Politician Trading: If You Can't Stop Them, Join Them

One company, Autopilot, is taking advantage of Congress members' advantage with a method for Joe Q. Public to trade like a politician.
10 minute read

New Jersey Law Journal

Bitcoin Mining Company That Enlisted Davis Polk Beats Investor Class Action

"When you boil down allegations that involve matters in the crypto space and cut through the complexity, the basics of the U.S. securities laws still apply," said Edmund Polubinski, a partner at Davis Polk & Wardwell.
4 minute read

New York Law Journal

Skadden Wins Securities Fraud Dismissal for Israeli Intelligence Company

U.S. District Judge Lorna G. Schofield threw out a case centering on the company's stated compliance with Meta's community standards, but plaintiffs have a chance to address the faults in their complaint.
3 minute read

Litigation Daily

'Corporate Lawyers Who Happen to Litigate': A Closer Look at a Recent Securities Litigation Hot Streak at Freshfields

Boris Feldman and Doru Gavril, who joined the firm from Wilson Sonsini a little more than four years ago, both rank among the top 10 busiest defense-side securities lawyers over the past three years.
6 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

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

Resources

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now