/securities?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Securities Copyright 2025 ¼«ËÙÈü³µ. en-US Wed, 30 Apr 2025 12:49:18 +0000 /securities/articles/2329525?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2329525 Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond. Tue, 29 Apr 2025 22:42:01 +0000 /securities/articles/2331146?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331146 Investors suing behavioral health care provider Acadia Healthcare Co. have asked a federal judge to find that they relied on certain alleged misrepresentations before investing in the company after previously moving for sanctions over allegations that the company systematically destroyed pertinent records to stymie their understaffing claims. Tue, 29 Apr 2025 22:36:00 +0000 /securities/articles/2331918?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331918 A Washington federal judge suggested on Tuesday that she might hold off on interpreting the terms of a multimillion-dollar mortgage loan sale agreement at issue in a racketeering suit, since a contractual dispute involving the same deal is slated for a bench trial before her in October. Tue, 29 Apr 2025 22:31:49 +0000 /securities/articles/2331877?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331877 Congressional Republicans are renewing the push to get rid of a financial regulator that conservatives have complained is costly and lacks proper oversight, but some former staffers at the Public Company Accounting Oversight Board wonder whether the U.S. Securities and Exchange Commission has the manpower or expertise to take over the board's duties. Tue, 29 Apr 2025 22:28:00 +0000 /securities/articles/2332045?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2332045 A trio of Arizona men face U.S. Securities and Exchange Commission allegations they manipulated trading prices for a purported cannabis industry penny stock issuer, generating proceeds of nearly $21 million as they worked to pump up its shares. Tue, 29 Apr 2025 22:00:32 +0000 /securities/articles/2331967?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331967 The U.S. Securities and Exchange Commission on Tuesday accused an investment adviser of swindling more than $500,000 from investors and lending nearly $22 million in raised funds to companies the adviser had undisclosed financial ties to. Tue, 29 Apr 2025 21:48:27 +0000 /securities/articles/2332064?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2332064 The U.S. Securities and Exchange Commission has dropped its investigation into PayPal's dollar-pegged stablecoin "without enforcement action," PayPal said in a disclosure filed Tuesday, the latest cryptocurrency probe abandoned by the agency under President Donald Trump's administration. Tue, 29 Apr 2025 21:41:08 +0000 /securities/articles/2331976?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331976 In a just-under-the-wire move, the FTX bankruptcy recovery trust has sought a seventh extension for a mid-2023 ruling by the U.S. Bankruptcy Court for the District of Delaware allowing confidential treatment of its 9 million customers' information, citing the data's continued value to the estate. Tue, 29 Apr 2025 20:46:24 +0000 /securities/articles/2331221?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331221 Pinnacle Advisors LLC has again urged a New York federal judge to toss a U.S. Securities and Exchange Commission suit accusing the wealth management firm of exceeding its allowed allotment of illiquid investments, standing by its arguments that the so-called liquidity rule was wrongly promulgated. Tue, 29 Apr 2025 20:21:12 +0000 /securities/articles/2331776?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331776 Experts are questioning a Delaware Chancery Court order for review of a Fox Corp. director's independence in a suit seeking recoveries for 2020 election-tied defamation damages, raising the potential for the suit's dismissal four months after a different jurist on the same court moved the case toward trial. Tue, 29 Apr 2025 20:01:39 +0000 /securities/articles/2332013?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2332013 Deloitte and a certified class of SCANA Corp. investors told a South Carolina federal judge Tuesday they've settled claims accusing the accounting firm of issuing audit reports that misled investors about the progress the utility company was making on a $9 billion nuclear energy expansion project that never came to fruition. Tue, 29 Apr 2025 19:40:26 +0000 /securities/articles/2331927?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331927 The co-founder of the EthereumMax crypto token and celebrities who allegedly promoted the offering told a California federal judge that a group of spurned buyers should not be able to certify their class action since they have not provided a way to determine how many transactions would fall in each category. Tue, 29 Apr 2025 18:35:12 +0000 /securities/articles/2331982?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331982 An Ohio federal judge on Tuesday denied bids by former CEOs of and others associated with American Premium Water Corp. for bills of particulars on an indictment alleging they manipulated the company's stock prices, finding the indictment gives them enough information to prepare their defenses. Tue, 29 Apr 2025 16:47:08 +0000 /securities/articles/2330465?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2330465 Recent decisions following the U.S. Supreme Court's 2023 ruling in Slack v. Pirani have increased the difficulty of pleading Securities Act claims for securities issued in direct listings by rejecting the use of statistical probabilities to establish that share purchases were traceable to a challenged registration statement, says Jonathan Richman at Brown Rudnick. Tue, 29 Apr 2025 15:07:21 +0000 /securities/articles/2331697?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331697 Prosecutors have urged a federal judge in Manhattan to sentence the founder of defunct cryptocurrency platform Celsius to 20 years in prison, arguing he ran a "yearslong campaign of lies and self-dealing" that caused billions of dollars in losses to thousands of customers. Mon, 28 Apr 2025 22:57:21 +0000 /securities/articles/2331352?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331352 A New Jersey federal judge on Monday barred the state's gambling regulators from taking action over Kalshi's sports event contracts for the time being, after he found that the contracts appear to fall within the "exclusive jurisdiction" of the U.S. Commodity Futures Trading Commission. Mon, 28 Apr 2025 22:37:20 +0000 /securities/articles/2331328?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331328 The U.S. Securities and Exchange Commission pushed back Monday against the American Securities Association's bid for spreadsheets related to the regulator's enforcement sweep of so-called off-channel communications, telling a Florida federal judge that its spreadsheet withholdings under the Freedom of Information Act are fully legal. Mon, 28 Apr 2025 22:24:24 +0000 /securities/articles/2330960?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2330960 Car rental company Avis Budget Group has been hit with a proposed shareholder class action alleging it harmed investors when it concealed a strategy shift late last year that accelerated fleet rotation and led to a $2.3 billion impairment charge. Mon, 28 Apr 2025 22:15:09 +0000 /securities/articles/2330696?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2330696 A Florida federal judge sentenced Celsius Holdings Inc.'s former vice president and controller to more than a year in prison on Monday after the former executive of the energy drink company admitted to insider trading and using confidential financial information to acquire stocks and options, then sold them a month later for a profit. Mon, 28 Apr 2025 22:09:39 +0000 /securities/articles/2331455?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2331455 A Delaware vice chancellor late Monday approved an unprecedented Fox Corp. call for a targeted summary judgment proceeding focused on a single Fox director's independence after a different jurist rejected, in November, dismissal of the suit, which seeks hundreds of millions of dollars in defamation damages in connection with broadcasts of bogus 2020 election claims.