By Charles Toutant | June 7, 2018
Although the developers depicted the Latium initial coin offering as a sale of "utility-based tokens," it was subject to the Securities Act of 1933 because investors were promised that the tokens would be worth more than the price they paid, according to the suit.
By Ben Hancock | June 1, 2018
Whether indirect investors in Theranos actually saw and relied on its PR messaging is an individualized inquiry, the judge ruled.
By Colby Hamilton | May 31, 2018
Federal authorities say Steve Jung used his access to an overseas friend's account to place trades based on nonpublic information gathered as a vice president with the global investment bank.
By Amanda Bronstad | May 29, 2018
U.S. District Judge Mark Wolf in Boston said he would address concerns by three plaintiffs firms currently serving as class counsel to State Street customers about the deadline to propose redactions to the report, which the special master filed under seal on May 14.
By Andrew Denney | May 18, 2018
Ropes & Gray senior counsel Jerome Katz, who led the legal team representing the investors, said that Glaser used the profits from the companies, especially the relatively higher-value Parts Depot, to cover losses from other acquisitions in his portfolio.
By Dan Packel | May 9, 2018
Steven Metro was charged with stealing stock tips from Simpson Thacher and scribbling them on small pieces of paper that his accomplice chewed up to destroy the evidence.
By Colby Hamilton | May 7, 2018
Last week, the SEC filed suit against the world-famous rapper in the Southern District of New York, requesting the court compel him to testify in an investigation over the company he sold his Rocawear clothing line to in 2007.
By Ben Hancock | May 4, 2018
It's the largest payment the bank has agreed to make so far since the scandal broke in 2016. But Wells Fargo is not out of the woods yet.
By Colby Hamilton | May 3, 2018
Regulators want to talk to the rapper about Iconix, the company he sold his clothing line Rocawear to in 2007.
By Jenna Greene | May 2, 2018
Faced with a devastating court ruling, Xerox on Tuesday threw in the towel, firing its CEO and half of its board of directors to resolve a proxy contest. It's a stunning victory for King & Spalding lawyers and their client Darwin Deason.
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