Subscribe

Join Us On LinkedIn

But is that right? The case was actually about whether investors bought Tesla stock at inflated prices because they were deceived by Musk’s tweets, and in evaluating that question you might want to think about what Twitter is, and who Elon Musk is. If Tim Cook had put out an Apple Inc. press release in […]
In Robinhood’s first extended comments about the SEC’s proposals since their release in December, two company executives, in an interview with The Wall Street Journal, called the agency’s plan a backdoor attempt to ban payment for order flow, or PFOF. That is a practice in which electronic trading firms known as wholesalers pay brokers a […]
It is also difficult to see where the logic of this Order stops. When the SEC gets this granular, the limits are not clear. If workplace misconduct must be reported to the disclosure committee, so too must changes in any number of workplace amenities and workplace requirements, and so too must any multitude of factors […]
Crypto dominated the conversation at last year’s Super Bowl, with four firms — FTX, Coinbase, Crypto.com and eToro — plunking down millions of dollars for 30 seconds of ad time and spending millions more on star-studded commercials featuring the likes of comedian Larry David and NBA superstar LeBron James. But this Sunday’s broadcast of Super […]
This case is about the rule of law and whether the most powerful entity in our society—the United States Government—must abide by the law when it brings its power to bear against a person. In this case, the Securities and Exchange Commission (“SEC”) is trying to seize broad regulatory jurisdiction over a massive new industry […]
Gibson, Dunn & Crutcher LLP is pleased to announce that David Woodcock has joined the firm’s Dallas office as a partner. Woodcock, formerly Assistant General Counsel – Corporate at ExxonMobil Corporation, will serve as Co-Chair of Gibson Dunn’s Securities Enforcement Practice Group. Source: Former ExxonMobil Counsel David Woodcock Joins Gibson Dunn in Dallas – Gibson […]
Though many executives testified, the trial was all about Musk. A one point while the billionaire was on the stand, the lead lawyer for the shareholders mistakenly referred to Musk as “Mr. Tweet,” a name he seemed to enjoy and briefly embraced as the handle for his Twitter account. Musk’s defense asked jurors to imagine […]
The Securities and Exchange Commission today announced that Activision Blizzard Inc., a video game development and publishing company, agreed to pay $35 million to settle charges that it failed to maintain disclosure controls and procedures to ensure that the company could assess whether its disclosures pertaining to its workforce were adequate. The company also settled […]
The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets. The panel is calling the Valentine’s Day hearing “Crypto Crash: Why Financial System Safeguards are Needed for Digital […]
Federal prosecutors are scrutinizing a growing array of people tied to Sam Bankman-Fried’s collapsed cryptocurrency empire, including his father, his brother and former colleagues, as part of a rapidly expanding investigation into one of the biggest American financial crime cases in more than a decade, according to 13 people with knowledge of the inquiry. The […]