Jenner & Block has announced the addition of Peter Davis as a partner in its appellate and Supreme Court practice in Washington, D.C. Davis brings extensive experience in appellate litigation, having represented clients across various federal circuits and state appellate courts. His practice encompasses a broad range of civil matters, including administrative law, antitrust, securities,…
SolarWinds Corp. is preparing to settle a lawsuit with the Securities and Exchange Commission (SEC) regarding allegations of prolonged cybersecurity vulnerabilities within the company. This development comes nearly three years after a significant malware attack in December 2020 highlighted critical weaknesses. The SEC had initially claimed that SolarWinds, along with its chief information security officer,…
The U.S. Securities and Exchange Commission (SEC) appears to be signaling a willingness to approve increasingly innovative crypto exchange-traded products (ETPs). This development follows a staff statement on disclosure expectations and the recent approval of a novel fund. These moves suggest that the commission is adopting a more open stance towards new crypto offerings. However,…
PetMed Express recently encountered challenges following the receipt of a whistleblower complaint related to its forthcoming financial disclosures with the Securities and Exchange Commission. The complaint has placed the online pet pharmacy in a delicate situation regarding how to responsibly address the allegations without exacerbating potential vulnerabilities. A whistleblower’s tip, whether deemed credible or not,…
The Special Litigation Committee at Bumble Inc. recently made a case before the Delaware Court of Chancery, proposing the dismissal of a derivative lawsuit against the company. The committee’s counsel argued that their investigation into the matter was comprehensive and equitable, suggesting that the court accept their recommendation for closure. However, Vice Chancellor J. Travis…
The recent decision by the U.S. Department of Justice under the Trump administration to settle the merger case involving Hewlett Packard Enterprise (HPE) and Juniper Networks illustrates a pragmatic approach to antitrust enforcement. By opting for a settlement, the DOJ avoided risking a loss in court that could have weakened its future enforcement power under…
ArentFox Schiff has expanded its presence in the sports and corporate legal sectors with the addition of Phillip Gharabegian to its sports industry group. As announced on Monday, Gharabegian has joined the firm’s Los Angeles office, reinforcing their corporate and securities practice. Gharabegian is renowned for his expertise in handling high-profile media rights agreements involving…
In a significant lateral move, Kristina Trauger has joined Linklaters as a capital markets and mergers and acquisitions (M&A) partner at the firm’s New York office. Announced by the firm on a recent Monday, Trauger’s appointment marks a notable addition to Linklaters’ team in New York, a key financial hub. Trauger brings with her a…
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have decided to withdraw their appeals following a recent decision by U.S. District Judge Analisa Torres in New York. The decision highlighted the court’s reluctance to revisit established penalties involving cryptocurrency enforcement. This marks an end to a lengthy legal battle where the SEC had…
Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) find themselves in a precarious position after Judge Analisa Torres blocked their efforts to settle a securities enforcement case that is currently on appeal. The decision, which marks the second denial from the judge, leaves both parties with limited strategies to consider moving forward….
“`html The Digital Asset Market Clarity Act of 2025, known as the CLARITY Act, represents a notable legislative effort to establish a clearer regulatory framework for cryptocurrency within the United States. Building upon the framework of the earlier Financial Innovation and Technology for the 21st Century Act, this act seeks to mitigate the jurisdictional ambiguities…
Exxon Mobil and SEC Executive Pay Disclosure A senior official from Exxon Mobil Corp. has encouraged the U.S. Securities and Exchange Commission (SEC) to permit companies to produce more concise executive compensation disclosures. During a recent meeting with the SEC, Roland Schustereder, who oversees compensation strategies at Exxon as the head of total rewards, advocated…
In a recent legal development, Sema4 Holdings Corp., a health diagnostics testing firm now operating as GeneDx Holdings Corp., is at the center of a revived securities class action. The case, reopened by a federal judge, alleges that the company’s presentation of its AI-driven clinical and genomic data platform, Centrellis, was significantly misleading. According to…
Christian Gonzalez has been appointed as the new Chief Legal Officer at Fifth Third Bancorp, stepping into this key role as part of the company’s latest leadership restructuring. Announced on Wednesday, the transition marks a significant step for the financial institution as it seeks to enhance its legal oversight. Gonzalez arrives at Fifth Third with…
The U.S. Securities and Exchange Commission (SEC) is examining potential revisions to its rules concerning foreign private issuers (FPIs), a move that could significantly affect companies from outside the United States seeking to list in U.S. markets. Legal experts caution that such changes may have a substantial impact on these issuers and could particularly jeopardize…
In the ongoing legal developments surrounding Ripple Labs, a recent ruling has underscored the resilience of final judgments in the face of evolving enforcement strategies. U.S. District Judge Analisa Torres of the Southern District of New York delivered a decision denying a joint request by Ripple Labs and the U.S. Securities and Exchange Commission (SEC)…
Thomas Verity has recently joined the global law firm Norton Rose Fulbright as a partner, enhancing its corporate, mergers and acquisitions, and securities practice based in Houston. This addition was officially disclosed by the firm on Wednesday. Verity specializes in cross-border mergers and acquisitions. His experience extends to advising a variety of entities, including corporations,…
Pillsbury Winthrop Shaw Pittman LLP has enhanced its insolvency and restructuring practice in New York with the recruitment of John Storz as a partner. Storz, previously associated with Paul Hastings, brings significant expertise in the realm of financial restructuring and distressed asset acquisitions. His practice will focus on advising ad hoc bondholder groups, official creditor…
In the field of commercial litigation, few attorneys hold a reputation as impactful as Lynn Neuner of Simpson Thacher & Bartlett LLP, as seen in her recent recognition in Unrivaled 2025. Neuner’s strategic approach in navigating high-stakes litigation is exemplified through her representation of TD Bank in a staggering $13 billion legal battle related to…
In an era where legal luminaries are scrutinized for their ability to not only secure victories but also to devise and implement sound strategies in the courtroom, Christopher Porter has established himself as a preeminent figure in trial law. Recognized in Unrivaled 2025, Porter exemplifies the critical skills required to navigate high-stakes securities litigation. One…
Dechert LLP has made a significant addition to its Washington D.C. office by bringing on board the former assistant chief counsel of the U.S. Securities and Exchange Commission’s Division of Investment Management. This strategic move aims to bolster the firm’s advisory capabilities in financial services and regulatory issues. The recruit is expected to enhance Dechert’s…
In a strategic move, Dechert has appointed Robert Shapiro as a partner within its esteemed financial services practice group located in Washington, D.C. Shapiro, who transitions from the Securities and Exchange Commission (SEC), where he served notably as the assistant chief counsel within the Division of Investment Management, brings to Dechert a wealth of experience…
Ian O. Mausner, a financier previously of great repute, is facing allegations from the U.S. Securities and Exchange Commission (SEC) for orchestrating a fraudulent scheme to raise $413,000 for a non-existent cryptocurrency fund. The case, which was filed in San Diego federal court, underscores familiar issues of financial deceit involving promises unmet and misappropriated investments….
In a strategic move to strengthen its special matters and government investigations practice group, King & Spalding has announced the return of Matt Hanson as a partner in its Washington, D.C. office. Hanson brings a wealth of experience in securities enforcement and regulation matters, representing clients before major regulatory bodies including the Securities and Exchange…
Mayer Brown has expanded its corporate and securities practice along with its global insurance industry group by recruiting Greg Oguss as a partner in Chicago. The firm welcomed Oguss on Monday, enhancing its transactional capabilities in the insurance domain. Oguss’s expertise includes advising multinational insurers, reinsurers, and alternative asset managers on various aspects such as…