ABA Journal

  1. Home
  2. Topics
  3. Securities Law

Securities Law

1419 ABA Journal Securities Law articles.

Meet the Delaware judge who keeps foiling Elon Musk

Few people in the world have the power to order around Elon Musk. One of them is a soft-spoken, small-town-raised, 44-year-old Delaware judge named Kathaleen McCormick.

Feb 21, 2024 8:35 AM CST

Is calling litigation ‘without merit’ actually without merit?

Scan corporate financial filings, and it doesn’t take long to notice that companies often dismiss legal actions brought against them as being “without merit” or “meritless.” But a federal court ruling suggests that reliance on such phrases can backfire when it comes to litigation disclosures.

Feb 2, 2024 10:06 AM CST

SCOTUS majority appears to embrace ‘Kisorizing’ or overturning Chevron deference, oral arguments indicate

Conservative justices on the U.S. Supreme Court appeared ready to limit or overturn the 1984 decision that established Chevron deference, the principle that federal courts should defer to reasonable agency interpretations of ambiguous laws, according to media coverage of oral arguments Wednesday.

Jan 18, 2024 11:05 AM CST

Judge acquits lawyer on insider trading charges after co-defendant found not guilty

A lawyer who was formerly on the faculty at Loyola University Chicago has persuaded a federal judge that he deserves a judgment of acquittal in an insider trading case because of inconsistent verdicts by the jury that had convicted him in January.

Dec 22, 2023 10:30 AM CST

Visiting BigLaw attorney gets prison sentence for insider trading

A Brazilian lawyer has been sentenced to two months in prison for trading on inside information that he obtained while working as a visiting attorney at Gibson, Dunn & Crutcher in Washington, D.C.

Dec 21, 2023 3:03 PM CST

Ex-boyfriend of Covington associate pleads guilty to using information in her files for insider trading

The former boyfriend of an associate at Covington & Burling pleaded guilty on Monday to using information he found in her files for insider trading.

Dec 6, 2023 9:25 AM CST

David Boies’ high hourly fees pale in comparison to request by lawyers suing Tesla

High-profile lawyer David Boies charges $2,110 per hour, putting him “in a still-rarified realm of attorneys who charge upwards of $2,000 an hour,” according to Reuters.

Sep 21, 2023 9:42 AM CDT

Covington settles SEC suit demanding names of clients affected by data breach

Covington & Burling has agreed to turn over to the U.S. Securities and Exchange Commission the names of six corporate clients apparently affected by a data breach, resolving an agency lawsuit that at first sought the names of 298 publicly traded clients.

Sep 19, 2023 10:01 AM CDT

Texas AG Paxton warns Biden administration to ‘buckle up’ after acquittal at impeachment trial

After his acquittal at an impeachment trial Saturday, Republican Texas Attorney General Ken Paxton alleged that the “sham” proceeding was coordinated by the Biden administration along with the “liberal” speaker of the Texas House of Representatives, Republican Dade Phelan.

Sep 18, 2023 10:03 AM CDT

$4.5M BigLaw firm settlement in investor case should be approved, magistrate judge says

A federal magistrate judge is recommending approval of an agreement in which Davis Wright Tremaine would pay $4.5 million to settle a proposed class action lawsuit claiming that it aided the sales of fraudulent real estate securities.

Sep 7, 2023 2:32 PM CDT

Paxton not fit to be Texas AG, prosecutor says; impeachment trial starts after Senate allows charges

Suspended Republican Texas Attorney General Ken Paxton is “not fit to be the attorney general for the state of Texas," according to Texas State Rep. Andrew Murr, who is serving as an impeachment prosecutor.

Sep 6, 2023 8:13 AM CDT

Fenwick & West aided FTX fraud by creating ‘shadowy entities,’ proposed class action alleges

Updated: A proposed class action lawsuit filed Monday alleges that Fenwick & West aided fraud by cryptocurrency exchange FTX and Samuel Bankman-Fried, its founder.

Aug 11, 2023 11:09 AM CDT

Huge $266.7M legal fee approved in $1B Dell settlement; which law firms will benefit?

Delaware’s chancery court appears to be more lucrative than federal court for plaintiffs lawyers in big-recovery securities class actions.

Aug 3, 2023 12:24 PM CDT

Judge whittles SEC request for names of nearly 300 BigLaw clients to 7

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.

Jul 25, 2023 11:08 AM CDT

Supreme Court will decide whether SEC enforcement actions violate right to jury trial

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.

Jul 6, 2023 12:54 PM CDT

Read more ...

Topics: Career & Practice

Former Wisconsin justice accused of ethics violations over 2020 election probe

Complete list of topics ...

Your Voice

The power of female mentorship

Articles and commentary ...

Podcasts

What generative AI means for the future of predictive analytics

More podcasts ...
Copyright 2024 American Bar Association. All rights reserved.