/securities?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Securities Copyright 2025 ¼«ËÙÈü³µ. en-US Fri, 01 Aug 2025 21:16:01 +0000 /securities/articles/2372357?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2372357 The Second Circuit on Friday upheld a lower court order granting class certification to a group of American cities and others that are accusing eight large banks of inflating interest rates on debt securities known as variable rate demand obligations, saying the district court applied the correct legal standard in granting certification. Fri, 01 Aug 2025 20:56:47 +0000 /securities/articles/2372541?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2372541 The U.S. Securities and Exchange Commission announced Friday that it plans to ramp up its internal use of artificial intelligence tools with a new task force led by a veteran staffer who's recently led the agency's fintech efforts. Fri, 01 Aug 2025 19:19:03 +0000 /securities/articles/2372482?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2372482 A Texas federal judge Friday gave Texas and other states the go-ahead to pursue claims that BlackRock Inc. and other asset managers used market muscle to decrease coal production, saying the states plausibly showed that the asset managers breached antitrust laws. Fri, 01 Aug 2025 17:02:35 +0000 /securities/articles/2372056?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2372056 A New York lawyer is seeking a quick win on malpractice claims brought in Florida federal court by a former client who says she improperly advised him to sign a consent decree with the U.S. Securities and Exchange Commission that resulted in a $12.1 million disgorgement judgment, arguing the client's subsequent guilty plea defeats the claims. Fri, 01 Aug 2025 16:57:41 +0000 /securities/articles/2372177?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2372177 An Arthur J. Gallagher & Co. subsidiary breached a contract by withholding $50 million owed to a patent insurance and underwriting venture under first-year terms of a three-year merger and earnout deal, a Delaware vice chancellor has found. Fri, 01 Aug 2025 16:56:27 +0000 /securities/articles/2367457?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2367457 After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice. Fri, 01 Aug 2025 16:04:01 +0000 /securities/articles/2358856?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2358856 George Bauer of Bleichmar Fonti & Auld LLP helped a pension fund win a landmark settlement that returned more than $734 million to Tesla following allegations its directors awarded themselves excessive compensation, earning him a spot among the securities law practitioners under age 40 honored by ¼«ËÙÈü³µ as Rising Stars. Fri, 01 Aug 2025 14:11:33 +0000 /securities/articles/2372156?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2372156 A former employee of Flat Rock Metal and Bar Processing has asked a Michigan federal judge to grant a green light to a $1.8 million settlement in a suit claiming the trustees of the company's employee stock ownership plan allowed the plan to buy $60 million in company stock at an inflated price. Fri, 01 Aug 2025 13:32:49 +0000 /securities/articles/2366740?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2366740 Banking agencies' recent proposal to modify the enhanced supplementary leverage ratio framework applicable to the largest U.S. banks shows the regulators are keen to address concerns that the regulatory capital framework is too restrictive, say attorneys at Moore & Van Allen. Fri, 01 Aug 2025 11:05:23 +0000 /securities/articles/2368676?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2368676 Recent remarks from the U.S. Securities and Exchange Commission’s acting director of the Division of Examinations suggest that the commission will support exams for compliance with its new data breach detection and reporting regulations, and a looming deadline means investment advisers and broker-dealers must act now to update their processes, say attorneys at McGuireWoods. Thu, 31 Jul 2025 23:17:21 +0000 /securities/articles/2371951?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371951 A Kansas federal judge on Thursday granted final approval to a $48 million settlement between salt producer Compass Minerals International and investors who claim they were harmed by the company's failure to maintain sufficient production levels at its Canadian mine. Thu, 31 Jul 2025 22:28:58 +0000 /securities/articles/2371742?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371742 Sports betting giant DraftKings Inc. and purchasers of certain nonfungible tokens it offered have gotten a judge's final sign-off for their $10 million deal ending claims the tokens ran afoul of securities laws. Thu, 31 Jul 2025 22:09:11 +0000 /securities/articles/2371871?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371871 U.S. Securities and Exchange Commission Chairman Paul Atkins said Thursday that he's mobilized staff across the agency to craft rules and exemptions for digital assets, a plan aimed at bringing the crypto industry back onshore with a recent set of White House recommendations serving as the "blueprint." Thu, 31 Jul 2025 21:42:24 +0000 /securities/articles/2371872?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371872 Top Senate Democrats on banking and financial committees urged the Comptroller of the Currency Thursday to detail how he will address the potential for interference by President Trump now that the agency is charged with regulating stablecoins like the one the president's family has launched. Thu, 31 Jul 2025 21:20:34 +0000 /securities/articles/2371789?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371789 A Hagens Berman client who lost the fight against Universal Investment to lead investor claims against Super Micro Computer has blasted the fund's opposition to its bid for a California federal judge to reconsider the denial, arguing Universal's attorneys from Bernstein Litowitz Berger & Grossmann LLP have a "documented history" of "misleading courts." Thu, 31 Jul 2025 20:43:59 +0000 /securities/articles/2371704?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371704 Biotechnology company Scynexis Inc. has won dismissal, for now, of a proposed investor class action alleging that it triggered a 34% share decline by knowingly misleading investors about manufacturing compliance issues that led to a drug recall, with the court finding the allegations the company should have known and disclosed issues only show "fraud by hindsight." Thu, 31 Jul 2025 20:38:44 +0000 /securities/articles/2371979?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371979 A Delaware magistrate in Chancery issued a split decision Thursday on document demands by a stockholder of The Trade Desk Inc. who sought, in part, details on the company's conversion into a Nevada chartered business, allegedly in order to preserve a billionaire co-founder's control. Thu, 31 Jul 2025 20:04:11 +0000 /securities/articles/2371855?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371855 Capital One told investors on Thursday that the Federal Deposit Insurance Corp. is trying to make it pay a greater share of cleanup costs from the 2023 regional banking crisis after taking issue with its call reporting, an effort the bank said it is pushing back on.   Thu, 31 Jul 2025 19:49:53 +0000 /securities/articles/2371918?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371918 A Delaware federal judge granted final approval on Thursday to a settlement reached in a shareholder derivative suit accusing the top brass of Zoom of pulling in $172.9 million via insider sales after its 2019 initial public offering and before shares fell during the early days of the COVID-19 pandemic. Thu, 31 Jul 2025 19:40:59 +0000 /securities/articles/2371975?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2371975 Users of the nonfungible token marketplace known as NBA Top Shot asked a California federal judge Thursday to grant the first green light to a $7.05 million settlement they reached with the marketing arm of the NBA and a cryptocurrency company that will resolve a class action over privacy concerns related to the marketplace.