A federal judge in Washington, D.C., has ruled that the U.S. Securities and Exchange Commission is entitled to learn the names of seven Covington & Burling corporate clients affected by a cyberattack.
The U.S. Supreme Court has agreed to decide whether some administrative trials by the U.S. Securities and Exchange Commission violate the Seventh Amendment’s right to a jury.
A committee of the Texas House of Representatives has recommended that Republican Texas Attorney General Ken Paxton be impeached for allegedly misusing his power to benefit a developer who contributed to his campaign and provided other benefits.
A Delaware judge has ordered Reed Smith to station two lawyers at the courthouse Tuesday with “Please See Me” signs, after the law firm failed to provide notice of a hearing, causing it to be rescheduled.
A former Cozen O’Connor attorney has agreed to a one-year suspension of his law license in Pennsylvania for using information that he learned as a conflicts attorney to buy stock in advance of a merger.
A Philadelphia lawyer was beaten with a metal object—possibly a flashlight—after leaving his law firm following a virtual court hearing Feb. 28, sending him to the hospital where he received seven staples to his skull.
The U.S. Securities and Exchange Commission sued Covington & Burling on Tuesday to obtain the names of 298 publicly traded clients affected by a 2020 cyberattack.
Indicted cryptocurrency exchange FTX founder Samuel Bankman-Fried is accusing Sullivan & Cromwell of pressuring him to seek bankruptcy protection for his company and filing documents nominating a new CEO after he tried to withdraw permission.
The founder of cryptocurrency exchange FTX is facing criminal and civil securities charges in connection with an alleged $1.8 billion fraud for touting FTX Trading as a safe platform for crypto asset trading while diverting investor money to his privately held hedge fund.
Plaintiffs lawyer Jay Edelson told Reuters that he is researching whether Twitter could be sued for giving blue check marks to fake accounts that misled consumers and corporate shareholders.
The U.S. Securities and Exchange Commission is being targeted by critics on Truth Social, former President Donald Trump's social media platform, after a holdup in a merger with a special purpose acquisition company because of an SEC investigation.
The chief financial officer for failed law firm Dewey & LeBoeuf will pay more than $95,000 to resolve a civil lawsuit filed by the U.S. Securities and Exchange Commission alleging that he falsified financial statements to raise money for the firm.
Thomson Reuters has unveiled the latest iteration of Westlaw, its widely used online legal research platform. Westlaw Precision was introduced Wednesday and is the company’s first new version in more than four years.
Despite Goldman Sachs’ attempt to avoid a 12-year-old gender bias class action lawsuit, a federal judge said Monday the case will head to trial next June.
U.S. District Judge John Adams of Akron, Ohio, is looking for new lawyers to represent a utility company’s shareholders after tossing current counsel from the case.
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