Nearly 24 Firms Seek Deal With CFTC to Settle Enforcement Cases April 11, 2025 By Nicola M. White Almost two dozen firms have tried to strike deals with the US derivatives regulator to resolve low-stakes enforcement cases, according...
Deutsche Bank, Mudrick Sue Ambac Over $65 Million Transfer March 24, 2025 By Irene García Pérez Deutsche Bank Securities Inc., Mudrick Capital Management and other noteholders of Ambac Assurance Corp. sued the bond insurer for allegedly...
Barclays Beats Two Lawsuits in US Over $17.7B Issuance Blunder March 24, 2025 By Jonathan Stempel Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming from the British bank’s unauthorized sale of...
Amazon Defeats Shareholder Suit Over Third-Party Sellers, Capacity Expansion March 18, 2025 By Jonathan Stempel A U.S. judge dismissed a lawsuit accusing Amazon.com of defrauding shareholders about its treatment of third-party sellers and plans to...
Delaware Aims to Remain Top Corporate Legal Home; Texas Marshals A Challenge March 13, 2025 By Tom Hals A year after Elon Musk urged U.S. companies to abandon Delaware as their legal home and follow Tesla to Texas,...
Intel Defeats Shareholder Suit Over Foundry Losses, $32B Plunge March 6, 2025 By Jonathan Stempel Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading...
Norfolk Southern Wins Dismissal of Bondholder Lawsuit Over 2023 Ohio Derailment February 28, 2025 By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern of causing hundreds of millions of dollars of losses...
Cybereason CEO Sues Mnuchin, SoftBank Fund Over Funding Plan February 12, 2025 By Sabrina Willmer and Max Abelson The chief executive officer of Cybereason Inc. sued two investors — former Treasury Secretary Steven Mnuchin and the SoftBank Vision...
SEC Says Game Service Roblox Part of ‘Active Investigation’ February 10, 2025 By Cecilia D'Anastasio Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the U.S....
Securities Litigation Risk for Public Companies Rose by $1 Trillion in Fourth Quarter February 3, 2025 Securities litigation risk for U.S. public companies rose by $1 trillion as of the fourth quarter of 2024, a new...