law360.com
A New York federal judge has tossed, with prejudice, a consolidated class action against real estate finance company Ready Capital Corp., finding that the suit "comes dangerously close to 'puzzle pleading'" and that there is no evidence the defendants committed fraud prior to revealing struggles in its commercial real estate loan portfolio.
25 days ago
law360.com
A New Jersey federal judge has ruled the former CEO of Future FinTech Group must face investor claims that he manipulated the company's share price to create an illusion of market demand after the company's failed reinvention from selling fruit juice to blockchain e-commerce.
about 1 month ago
law360.com
Nearly 200 banks may receive some relief from annual regulatory exams under a new interagency rule published Thursday that amends the eligibility requirements for an 18-month on-site examination cycle, instead of 12 months.
about 1 month ago
law360.com
A New York federal judge has allowed racketeering claims to proceed against the operator of meme coin launchpad Pump.fun and its co-founders, while dismissing securities and unjust enrichment claims against the launchpad's related blockchain projects.
about 1 month ago
law360.com
The Commodity Futures Trading Commission on Tuesday wrapped up a long-running enforcement action against a former investment bank managing director, dropping claims that he manipulated swap prices to benefit his bank and settling claims that he destroyed evidence.
about 1 month ago
law360.com
Customers of Academy Mortgage Corp. have urged a Utah federal judge to grant the first OK to a nearly $2 million settlement they reached with the lender to resolve claims tied to a 2023 data breach.
about 2 months ago
law360.com
Customers of Academy Mortgage Corp. have urged a Utah federal judge to grant the first OK to a nearly $2 million settlement they reached with the lender to resolve claims tied to a 2023 data breach.
about 2 months ago
law360.com
Customers of Academy Mortgage Corp. have urged a Utah federal judge to grant the first OK to a nearly $2 million settlement they reached with the lender to resolve claims tied to a 2023 data breach.
about 2 months ago
law360.com
Bitcoin treasury company BSTR Holdings has terminated a merger with special purpose acquisition company Cantor Equity Partners I Inc. that would have provided BSTR with up to $1.5 billion in financing in a go-public deal.
about 2 months ago
law360.com
Bitcoin treasury company BSTR Holdings has terminated a merger with special purpose acquisition company Cantor Equity Partners I Inc. that would have provided BSTR with up to $1.5 billion in financing in a go-public deal.
about 2 months ago
law360.com
A New York federal judge has largely granted a dismissal bid in an investor class action over the collapse of the Easterly ROCMuni High Income Municipal Bond Fund, tossing challenged statements in the suit about the fund's valuation and investments in defaulted securities, but keeping claims tied to the fund's illiquid investments.
about 2 months ago
