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August 22, 2023 | The Recorder

As Feds Appeal Crypto Setback, Dearth of Regulation Strains US Market, Lawyers Say

"If your company is under enforcement investigation, to see smart judges disagree, it could give the company the idea to fight it," said Akin Gump Strauss Hauer & Feld white collar partner Parvin Daphne Moyne.
7 minute read
July 03, 2023 | The Recorder

Federal Judge Certifies Class in Crypto Securities Litigation Against Ripple Labs

Defense attorneys from King & Spalding and Debevoise & Plimpton hemmed in the potential global scope of the class by convincing U.S. Senior District Judge Phyllis Hamilton to limit the case to U.S. investors.
3 minute read
June 14, 2023 | The Recorder

Coinbase CLO Paul Grewal 'Ultimately Optimistic' Despite 'Regulatory Backlash'

Grewal talked with Berkeley Law's Irene Liu on Tuesday, a week after the SEC sued the crypto exchange, alleging it was illegally operating as an unregistered broker.
5 minute read
June 01, 2023 | The Recorder

Plaintiffs in Securities Fraud Class Action Against Elon Musk Seek to Add Insider Trading Allegation

The suit accuses Musk and Tesla of manipulating the market for the Dogecoin cryptocurrency and causing billions of dollars in losses to investors. The original complaint was filed by Evan Spencer of Evan Spencer Law in June 2022.
3 minute read
May 16, 2023 | The Recorder

Wells Fargo Reaches $1B Settlement With Shareholders for Alleged False Statements

The suit accused Wells Fargo and several former executives of making false and misleading statements about the bank's compliance with consent orders imposed by regulators in 2018 in the wake of the bank's fake-accounts scandal.
4 minute read
May 09, 2023 | The Recorder

Unity Shareholder: Board Had Duty to Disclose Revenue-Draining Software Status

The complaint claims breaches of fiduciary duty, unjust enrichment and a waste of corporate assets by 12 current and former officers and directors for the San Francisco-based company known for its software products for content creators.
3 minute read
April 17, 2023 | The Recorder

SCOTUS Argument Over Messaging Platform Company Slack's Financing Provides Test of Alternative to IPO

"Requiring the disclosure to be applicable to everything just makes more sense," Michelman & Robinson partner Megan J. Penick said.
4 minute read
April 12, 2023 | The Recorder

2nd Circuit Weighs Whether US Securities Law Applies to Binance Transactions

A David Polk lawyer representing the crypto exchange said federal securities laws only apply domestically.
4 minute read
April 06, 2023 | The Recorder

A Big Year in Disputes Helped Wilmer Boost Revenue, Profits in 2022

A number of high-profile representations, frequently against the government, helped Wilmer find growth in a year that saw flat demand in transactional practices.
5 minute read
March 21, 2023 | The Recorder

DiCello Levitt Launches San Diego Office With 5-Partner Group From Robbins Geller

DiCello Levitt pushes its aggressive growth strategy forward by opening a San Diego office with five Robbins Geller securities class action attorneys.
2 minute read

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