The Appellate Division of New York’s Supreme Court has upheld a $1.64 billion ruling against China Construction entities in a high-stakes case over the failed Baha Mar resort development in the Bahamas.
Delaware’s Chancery Court dismissed controller and fiduciary claims in a suit over Focus Financial’s sale but kept alive a disclosure issue tied to a rival bidder.
An Ohio appellate court has upheld a trial court’s decision to enforce arbitration clauses in a complex family trust dispute over access to venture investments, reinforcing the binding power of partnership agreements.
A New York appeals court upheld a $795,480.96 judgment for broker Scott Bloom in a dispute over unpaid commissions, rejecting Helmsley Spear’s procedural and contractual defenses.
A Delaware Chancery Court decision granted a limited books and records inspection to an investor in a private AI investment fund, emphasizing the importance of documentation for closely held entities.
An Illinois appeals court has ruled that creditors can revive dormant money judgments up to 20 years after entry - regardless of whether earlier revival attempts were made.
A federal judge has allowed Aaron Greenspan to expand his FOIA lawsuit against the SEC, adding multiple claims related to records requests involving Tesla, Bridgewater, Meta, and FTX. A separate civil rights claim was denied.
A federal court has questioned its jurisdiction over a $225 million FINRA arbitration dispute, citing unresolved liability issues and a missed FDIC claims deadline after First Republic’s failure.
Federal court stops action over unregistered securities claim.
'It's an enviable dilemma having a lot of money in one stock, but it's a huge risk to their portfolios.'
Moloney Securities has been the target of securities regulators recently for sales of high-risk alternative investment products.
New SEC chairman vows "appropriately tailored" regulatory approach amid agency overhaul and market volatility.
Conduct Rule will now more closely align with SEC's Reg BI
It’s been a tumultuous week for Commonwealth Financial Network, a leading independent broker-dealer.
Regulator folds on three more cases.
Finra says the former rep from Indiana transferred names, Social Security numbers, and other information associated with more than 1,300 customers to his personal email accounts.
Federal court stops action over unregistered securities claim.
The prospective chair of the agency has pledged to shed conflicted interests and "return common sense to the SEC."
'If I were on the side of Alpine Securities, I’d put all my eggs in the federal court,' one attorney said.
'I feel like they have created an addictive gaming culture, which is not healthy for investing.'
