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April 05, 2024 | Pro Mid Market

Midsize Moves: McNees Adds Archer Partner, Wiggin and Dana Hires Former Quinn Emmanuel Team

McNees Wallace & Nurick announced that corporate and securities attorney Allen C. Tucci joined the firm's Devon, Pennsylvania, office; Wiggin and Dana's intellectual property practice announced that litigator Kate Cassidy and her team have joined the firm's New York office, Cassidy as a partner.
2 minute read
April 05, 2024 | New York Law Journal

Manhattan Jury Finds Terraform, Do Kwon Liable in Crypto Civil Fraud Trial

U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.
3 minute read
April 05, 2024 | National Law Journal

SEC Pauses Climate Disclosure Rule Amid Legal Challenges

"[T]he Commission will continue vigorously defending the Final Rules' validity in court and looks forward to expeditious resolution of the litigation," the SEC said.
3 minute read
April 05, 2024 | National Law Journal

'Failure Is Not Fraud': SEC, Dentons Partner Make Closing Arguments in Terraform Civil Fraud Trial

Jurors have begun deliberating on whether the cryptocurrency company and its founder defrauded investors by lying about the company's success.
4 minute read
April 05, 2024 | New York Law Journal

'Failure Is Not Fraud': Dentons Partner, SEC Make Closing Arguments in Terraform Civil Fraud Trial

After hearing nearly two weeks of evidence in the civil fraud case, jurors in the Southern District of New York on Friday began deliberating on whether cryptocurrency company Terraform Labs and its founder Do Kwon defrauded investors by lying about the company's success.
4 minute read
April 05, 2024 | Corporate Counsel

Kohl's Showered New CLO With Millions to Welcome Her Aboard

To incentivize Jennifer Kent to take the post, the retail chain in February 2023 provided her with a $450,000 signing bonus and a one-time, $2.5 million stock award.
2 minute read
April 05, 2024 | Corporate Counsel

Star Startup Striving for Air Taxi Supremacy Replaces Legal Chief

Stellantis-backed Archer Aviation didn't explain the change, which comes as the electric aircraft maker seeks to outduel rival Joby Aviation.
4 minute read
April 04, 2024 | Law.com

Florida Marijuana Measure / Another NY Licensing Suit / To License or Crack Down? / 9th Circuit's Take on Cannabusiness Marks

Quinn Emanuel Urquhart & Sullivan partner John Bash says one of the keys to persuading Florida Supreme Court justices to allow a cannabis legalization measure on the November ballot was "speaking on their terms."
11 minute read
Sec. and Exch. Comm'n v. Coinbase Inc.
Publication Date: 2024-04-04
Practice Area: Securities Litigation
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Katherine Polk Failla
Attorneys:
For plaintiff:
For defendant:
Case number: 23 Civ. 4738

Claim Plausibly Alleges Coinbase Operated as Unregistered Intermediary of Securities

United Indus. Workers Pension Plan v. Waste Mgmt.
Publication Date: 2024-04-04
Practice Area: Securities Litigation
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Lorna G. Schofield
Attorneys:
For plaintiff:
For defendant:
Case number: 22 Civ. 4838

Securities Fraud Action Survives Against Waste Management Over Acquisition of Competitor

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