The Federal Trade Commission and the Nevada Attorney General sued International Markets Live Inc. and its affiliated companies in federal court Thursday for allegedly orchestrating a deceptive multi-level […]
Investors Sue Meteora for Over $69 Million Meme Token Meltdown
Investors in the $M3M3 meme coin filed a class action complaint in Manhattan federal court Monday against the group that operates Meteora, alleging that the defendants “covertly” controlled […]
Investors Argue Binance’s Arbitration Demand Tests US Eleventh Circuit Precedent
An investor class that alleged that CEO Changpeng Zhao and the crypto platform Binance.com sold them unregistered securities argued on Monday that the defendants failed to cite the […]
No $150M for Goldman Sachs Investors
A group of Goldman Sachs investment vehicles lost their bid to force the developer of the failed Revolution pipeline to repay its $150 million investment in an energy […]
Adidas Beats Class-Action Lawsuit by Investors Over Kanye West Deal
Adidas AG has won a court order dismissing a class-action lawsuit that claims the German sneaker giant violated securities laws by failing to warn its shareholders about Ye’s […]
Budding Circuit Consensus: SPAC Investors Can’t Sue Over Acquired Company’s Pre-Merger Misstatements
The U.S. Court of Appeals for the Ninth Circuit has become the second federal appeals court to hold that investors can’t sue over alleged misstatements that an acquired […]
Mexican Drive to Elect Federal Judges Concerns Legal Sector and Investors
Mexican President Andrés Manuel López Obrador is pursuing his plan to replace the country’s federal judiciary with elected judges and magistrates before he steps down on Sept. 1—a […]