A Delaware federal judge allowed a securities fraud class action to proceed, holding that Humana executives plausibly misled investors about rising patient costs and quality ratings.
Judge Noël Wise has terminated the pending class certification motion in the SVB Financial Group securities litigation without prejudice, requiring plaintiffs to refile after a scheduled motion to dismiss against KPMG is resolved.
A federal judge in Ohio largely denied Scotts Miracle-Gro's motion to dismiss a securities fraud class action alleging the company misled investors about post-pandemic demand and inventory conditions while its lawn, garden, and cannabis businesses deteriora...
The Supreme Court appears poised to uphold the Securities and Exchange Commission’s authority to order wrongdoers to turn over their profits without requiring proof of specific harm to customers.
Southern District of New York Judge Jennifer L. Rochon granted a motion by plaintiffs in a securities fraud class action to issue a letter rogatory to China, allowing them to obtain Chinese law enforcement records regarding Baosheng Media Group Holdings’ pr...
Southern District of New York Judge Analisa Torres has appointed the Central Illinois Carpenters Health & Welfare Trust Fund as lead plaintiff and approved Robbins Geller Rudman & Dowd LLP as lead counsel in a securities class action against Masonit...
The U.S. District Court for the Southern District of New York entered a final default judgment against Supreme Power Capital Management Ltd., imposing a $1,182,254 civil penalty and permanent injunctions after the investment adviser failed to respond to the...
The Securities and Exchange Commission announced settled charges against Archer-Daniels-Midland Company and two former executives, and filed a separate litigated action against a third, over allegations that the company inflated the reported performance of...
The Securities and Exchange Commission said Enforcement Division Director Judge Margaret A. Ryan resigned effective March 16, 2026, after a tenure in which the agency said she redirected the division toward fraud and market manipulation cases and away from...
The Securities and Exchange Commission appointed David Woodcock, a partner at Gibson, Dunn & Crutcher, as Director of the Division of Enforcement, effective May 4, 2026. The appointment signals a shift in the agency's enforcement priorities under Chairm...
The Securities and Exchange Commission issued a concept release soliciting public comment on a comprehensive review of the Consolidated Audit Trail and other audit trails used in regulating U.S. securities markets. The agency is seeking input on fundamental...
A new SEC exemptive order and an SEC-approved proposed FICC rule change open cross-margining of cash and futures Treasury positions to customers for the first time, a shift that previously was available only to clearing members.
Eighteen foreign investors who each put $500,000 into a Denver real estate project under the U.S. Immigrant Investor Program lost their bid to litigate securities fraud claims in federal court, as a Virginia judge compelled arbitration against the business...
A Western District of Pennsylvania judge has allowed a securities-fraud class action against Dicks Sporting Goods to proceed on claims that the retailer misled investors about excess inventory of outdoor and fitness products.
The SEC has approved changes to the CAT's governing plan that regulators estimate will cut the system's annual operating costs by $50 million to $70 million compared to the 2025 CAT budget.
A federal judge in Maryland dismissed all securities fraud claims against the founders and directors of iLearningEngines, an AI-platform company that went public through a SPAC merger, filed for bankruptcy, and self-reported potential violations of law to t...
The Securities and Exchange Commission on March 17 released a joint interpretation with the Commodity Futures Trading Commission clarifying how federal securities laws apply to crypto assets, and setting out a taxonomy covering digital commodities, digital...
A joint agency action from the SEC and CFTC addresses more than a decade of regulatory uncertainty by introducing a token taxonomy and clarifying when crypto assets fall under federal securities laws versus commodity regulation.