NEXT
Sign in to follow

National Law Journal

Ex-HF Foods Execs Reach SEC Settlement Amid Securities Fraud Allegations

Zhou Min Ni, who served as the CEO or Co-CEO of HF Foods from 1997 until February 2021, and Jian Ming "Jonathan" Ni, who served as the chief financial officer from 2015 to 2019, agreed to the settlement without admitting or denying the allegations of the SEC's securities fraud complaint.
3 minute read

New York Law Journal

New York Attorney General Sues Over Alleged $1 Billion Crypto Fraud

The lawsuit, filed in Manhattan state court, claims the defendants preyed on people's faith, focusing on Haitian and other immigrant communities. Victims were targeted through prayer groups and through social media, sometimes in Creole, according court papers.
3 minute read

The Recorder

Coinbase Hit With New Securities Class Action Amid Battle With SEC

A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
3 minute read

National Law Journal

5th Circuit Strikes Down SEC's Private Fund Advisers Rule

The U.S. Securities and Exchange Commission exceeded its statutory authority, the appeals court says.
3 minute read

New York Law Journal

SDNY Judge Grants Skadden Client Coty Inc.'s Motion to Dismiss Shareholder Lawsuit

Skadden, Arps, Slate, Meagher & Flom partners Scott Musoff, Lauren Aguiar and Paul Lockwood represent the defendants, Coty Inc., whose brands include Covergirl, Philosophy and Sally Hansen, and its board of directors.
3 minute read

The Recorder

California EV Maker Rivian Accused of Securities Fraud in New Class Action

The complaint, filed on Friday in the Central District of California, claims that Rivian made "materially false and misleading statements."
3 minute read

Corporate Counsel

Feds Using Data Analytics to Turbocharge Insider Trading Enforcement

"There are very powerful tools out there that the government is using, and they're clearly going to get better and better," said Shannon Eagan, a partner at Cooley.
5 minute read

Texas Lawyer

Insurers Rally to Challenge Regulator: DoL Fiduciary Rule on Retirement Plans Opposed

The complaint alleges the new 2023 rule is repeating the errors of the Labor Department's 2016 failed rule.
4 minute read

The Legal Intelligencer

'No Better Than a Racket'—Seventh Circuit Critical of Mootness Fees for Merger Disclosures

Judge Frank Easterbrook, disenchanted with the current "federal practice" of plaintiffs attorneys extorting fees in disclosure cases without conferring a meaningful benefit on stockholders, penned the opinion for a two-judge panel rejecting such fee agreements and empowering shareholders and federal courts alike to scrutinize these fees going forward.
6 minute read

New York Law Journal

'Envy of the World': Equity Markets and the Compelling Need for Robust Disclosure Under Regulation S-K

An overview of why checks and balances of the courts, as well as SEC enforcement, are critical to maintaining disclosures that are needed to maintain the strength of the U.S. markets.
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

  • 5 Proven Steps to Accelerate Business Growth in a Crowded Legal Market

    Brought to you by AllRize

    Download Now

  • 2024 Report: Digital Payments in Class Actions and Mass Torts + a Special Look at Industry Fraud

    Brought to you by Western Alliance Bank, Member FDIC.

    Download Now

  • Law Firm Office Space Perspective: Major U.S. Markets

    Brought to you by JLL

    Download Now

  • Expanding Your Practice Areas: How to Expand Offerings that Attract and Retain Clients

    Brought to you by Filevine

    Download Now