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New Jersey Law Journal

Plaintiff Can't Opt Out of $97 Million Securities Settlement, NJ Fed Judge Rules

The party seeking to opt out had argued that maintaining its own lawsuit separate from the class action should have provided a "reasonable indication" of its plans.
4 minute read

Texas Lawyer

Web 3.0: How Will Blockchain Impact Your Practice?

"There have been no shortage of government enforcement actions in this space, yet the law is far from settled," write Sidley Austin's Lilya Tessler, Scott Parel and Angela Zambrano.
8 minute read

National Law Journal

SEC Charges Apex Partner Behind $852K Alleged Crypto Fraud

"This shows that individuals appear to be still using crypto as bait to lure investors into what are essentially old-fashioned get-rich-quick schemes," said Arlo Devlin-Brown, a partner at Covington & Burling.
4 minute read

New York Law Journal

Decision of the Day: Court Finds Cryptocurrency Property Pursuant to New York Department of Taxation & Finance

This ruling was selected and summarized by the New York Law Journal's decisions editors. 
2 minute read

New York Law Journal

Litigation Departments of the Year Winner, Professional Liability: Latham & Watkins

Latham & Watkins took top honors in the category on Sept. 5 at the New York Legal Awards
4 minute read

New York Law Journal

International Crypto Bank Faces New York Securities Fraud Class Action Lawsuit

"It was a cutting-edge bank and should have been a great success, but the CEO misrepresented the financials and allegedly stole the money," said Jeffrey W. Gutchess, a partner at AXS Law Group.
3 minute read

Texas Lawyer

10 Principles That Will Guide the New Texas Business Courts in Breach of Fiduciary Duty Litigation

"Below are 10 principles that will guide the Texas business courts in breach of fiduciary duty litigation against corporate directors," write Baker Botts' Tom O'Brien, John Lawrence and Monica Smith.
15 minute read

New York Law Journal

Attorney of the Year Finalist: Michael Canty of Labaton Keller Sucharow

A former Assistant U.S. Attorney known for his knack of "eyeballing fraud" when he sees it, Labaton Keller Sucharow partner Michael Canty brings…
3 minute read

New York Law Journal

Attorney of the Year Winner: Laura Posner of Cohen Milstein Sellers & Toll

A partner at Cohen Milstein, Posner has recovered billions on behalf of defrauded investors. Her cases include six of the top 100 securities fraud class action settlements of all time.
8 minute read

National Law Journal

2nd Circuit Tosses Securities Suit Against Ericsson Over Statements on Alleged Iraq Corruption

"Ericsson's Anti-Corruption Statements contained no such specificity that would transform any of those generalized statements from mere puffery to an actionable material misrepresentation," the appeals court wrote.
3 minute read

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