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Latest News in Securities

• August 28, 2025

  Arnold & Porter Adds Fund Formation Expert In Chicago

  A Lowenstein Sandler LLP fund formation and structuring co-chair has moved to Arnold & Porter Kaye Scholer LLP to co-lead its investment management practice group in Chicago, the firm said Thursday.

• August 27, 2025

  Crypto Firm Can't Block Gov't Contract For Seized Assets

  A U.S. Court of Federal Claims judge won't halt a government contract for the management of seized crypto after finding Wave Digital Assets isn't likely to succeed in pressing its claims that the U.S. Marshals Service acted unfairly when it awarded the job to another provider.

• August 27, 2025

  Judge Unsure AI Drugmaker Investors Backed Retooled Suit

  A Connecticut federal judge seemed open to dismissing a securities suit alleging an artificial intelligence-driven drugmaker's executives misled investors about compliance issues plaguing a dementia drug, suggesting during a hearing Wednesday that the amended complaint may not have enough factual support.

• August 27, 2025

  Citizens Say FinCEN's Real Estate Transfer Rule Unlawful

  Two citizens asked a Texas federal judge to throw out FinCEN's rule requiring disclosure of residential real estate transfers to corporate entities and trusts even when no money changes hands, saying the rule runs afoul of the Constitution.

• August 27, 2025

  $75K In Atty Fees Awarded After $1M Ask In Trump Media Case

  After much wrangling, a Delaware vice chancellor has granted a $75,000 attorney fee for ARC Global Investments II LLC, the investment sponsor behind the deal that took Trump Media & Technology Group public in 2024 — far from ARC's most recent ask of $1 million.

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