Delaware Supreme Court Justice Karen Valihura announced her decision to step down from the bench in July, concluding a notable tenure that has been influential in shaping the corporate legal landscape of the nation. Valihura, appointed in 2014 by then-Governor Jack Markell, has made significant contributions to key corporate law rulings during her time on…
“`html White & Case, a prominent international law firm, has bolstered its Global Capital Markets practice by adding a new partner in its New York office. The strategic move underscores the firm’s commitment to expanding its capital markets footprint in a competitive landscape. The newly appointed partner brings a wealth of experience from prior senior…
In a strategic expansion of its asset management capabilities, Willkie Farr & Gallagher LLP has announced the addition of two experienced partners to its team, further strengthening its practice in both Washington, D.C., and New York. David Sweeney joins the firm’s Washington, D.C. office, bringing with him extensive experience in the financial services industry. Previously…
As we survey the landscape of securities litigation in 2026, the focus has markedly shifted toward event-driven lawsuits and applications concerning artificial intelligence. This evolution reflects broader changes within the corporate and technological sectors, prompting legal professionals to adapt to newfound complexities. The proliferation of event-driven litigation comes as no surprise, considering the increased emphasis…
As the federal government shutdown commenced on October 1st, many aspects of the legal industry appeared to remain unaffected. However, the resumption of funding is unlikely to restore operations to their pre-shutdown pace, raising concerns about long-term administrative delays across various sectors. The interruption in government activities has significantly impacted federal agencies, resulting in a…
In a significant development, SEC Commissioner Caroline Crenshaw will be stepping down from her role, marking a pivotal moment for the U.S. Securities and Exchange Commission. This departure leaves the commission without a Democratic holdover amid a period of substantial policy transition under Chairman Paul S. Atkins. Atkins has been steering the agency towards greater…
The landscape of securities litigation is poised for significant developments in 2026, influenced by emerging technologies, regulatory shifts, and evolving market dynamics. Legal professionals should closely monitor the following trends: Artificial Intelligence (AI) and “AI-Washing” Allegations The proliferation of AI technologies has led to increased scrutiny over corporate disclosures. Companies accused of “AI-washing”—exaggerating or misrepresenting…
The Securities and Exchange Commission (SEC) is witnessing a notable departure as Nekia Hackworth Jones, a prominent leader, exits after a five-year tenure. Jones, one of the highest-ranking Black lawyers within the agency, led the Atlanta Regional Office prior to her appointment as one of the Division of Enforcement’s four deputy directors in April. Her…
Class action litigation in 2025 has continued to evolve, reflecting shifts in legal standards, emerging technologies, and societal concerns. This year has seen significant developments across various domains, including class certification criteria, diversity jurisdiction, consumer and securities actions, and the role of artificial intelligence (AI). The total value of class action settlements in 2024 reached…
In the rapidly evolving landscape of cryptocurrency regulation, 2025 has been marked by significant developments in both federal and state oversight. As highlighted in recent expert analyses, the push to adapt legal frameworks to the dynamic world of digital currencies continues to dominate discussions among legal professionals and regulators. One focal area has been the…
In 2025, Law360’s most-read securities guest articles reflected the dynamic shifts in regulatory landscapes and market practices. Key topics included the U.S. Securities and Exchange Commission’s (SEC) evolving enforcement strategies, particularly concerning cryptocurrency, as well as significant amendments in Delaware corporate law and emerging trends in securities class actions. A notable article by Simpson Thacher…
The U.S. Securities and Exchange Commission (SEC) has charged three purported cryptocurrency trading platforms—Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., and Cirkor Inc.—along with four investment clubs—AI Wealth Inc., Lane Wealth Inc., AI Investment Education Foundation Ltd., and Zenith Asset Tech Foundation—with defrauding retail investors of over $14 million. The alleged scheme, which operated…
The U.S. Securities and Exchange Commission (SEC) recently filed charges against an alleged cryptocurrency investment scheme, accused of defrauding investors out of $14 million. This case raises important questions about the security and transparency of investments in the rapidly growing crypto space, as the scheme targeted unsuspecting U.S. retail investors with promises of high returns…
A recent development in the legal landscape has seen a significant shift with the spin-off from Bernstein Litowitz Berger & Grossmann LLP, which is now strategically bolstering its ranks with a strong team of litigators specializing in investor suits. This move highlights an ongoing trend of specialized firms focusing on high-stakes securities litigation, reflecting the…
Nearly three decades after the enactment of the Private Securities Litigation Reform Act (PSLRA), its effectiveness remains a topic of discussion among legal professionals. The Act, introduced in 1995, was designed to curb frivolous securities lawsuits, promote transparency, and reduce the burden on companies from class action litigation. However, its success is still debated, with…
The U.S. Securities and Exchange Commission’s (SEC) increasing scrutiny on shareholder proposals is raising concerns about its impact on corporate democracy. The SEC has intensified its examination of proposals under Rule 14a-8, potentially curtailing shareholders’ ability to influence corporate governance as reported by Bloomberg Law. The SEC’s approach has involved stringent evaluation criteria for shareholder…
The challenge of ensuring corporate accountability at Boeing has become a significant concern, especially considering recent lapses in compliance and ethical governance. General Counsels (GCs) traditionally play a crucial role in maintaining corporate integrity by providing legal oversight and ensuring adherence to regulatory frameworks. However, when the systems in place fail to prevent misconduct or…
In a potential pivot for securities class action litigation, the U.S. Securities and Exchange Commission (SEC) has recently introduced a new regulatory approach that could markedly change the landscape. The move, aimed at enhancing disclosure and accountability, might significantly impact how companies and their executives handle legal risk concerning securities fraud claims. Traditionally, securities class…
The U.S. Securities and Exchange Commission (SEC) has charged a Philadelphia man with orchestrating a $48.5 million cryptocurrency mining fraud. This case, highlighting continued regulatory scrutiny over digital currency schemes, alleges a series of deceptive practices that misled investors and diverted substantial funds. The SEC’s complaint asserts that the defendant, ostensibly promising significant returns through…
Dickinson Wright PLLC, a prominent law firm, is facing a malpractice lawsuit stemming from its disqualification in a prior case due to alleged conflicts of interest. The disqualification occurred in a lawsuit involving investments in the Latinum cryptocurrency, where the Sixth Circuit Court of Appeals paused proceedings to consider an appeal from proposed intervenors seeking…
Skadden, Arps, Slate, Meagher & Flom LLP has expanded its litigation group with the addition of David Fish as a partner, enhancing the firm’s capabilities in complex litigation. Fish joins Skadden from Paul Weiss, where he was a counsel, bringing a wealth of experience in high-stakes disputes and regulatory matters. David Fish is noted for…
The evolving landscape of cryptocurrency has raised significant concerns among regulators, with the potential for digital currencies to enable comprehensive financial surveillance. The U.S. Securities and Exchange Commission (SEC) Chair recently emphasized this issue, stating that if misdirected, cryptocurrency could transform into an unparalleled tool for monitoring financial transactions. This concern stems from the inherent…
In the midst of mounting internal challenges, Texas Attorney General Ken Paxton’s office recently sought assistance from an external crisis management firm. This development has thrown a spotlight on the struggles within the office as it deals with legal and administrative turbulence. Reports indicate that the AG’s office enlisted the services of Savarese & Associates,…
The White House has issued an executive order entitled “Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors,” aiming to clamp down on the influence of such advisory firms. This move represents a continuation of efforts to monitor and potentially regulate proxy advisers, which have been at the center of extensive debate over their role…
In a recent development, the U.S. Securities and Exchange Commission (SEC) has imposed a $1.2 million fine on Oppenheimer & Co. Inc. for failing to adequately disclose conflicts of interest in its municipal bond offerings. This action is part of the SEC’s ongoing efforts to ensure transparency and protect investors in the municipal securities market….