Judge blocks Musk’s “advice-of-counsel” defense in Twitter shareholder lawsuit
In a significant legal setback for billionaire entrepreneur Elon Musk, a U.S. federal magistrate judge has ruled that Musk cannot…
securities law
Rivian to Pay $250 Million to End IPO Fraud Litigation
In a significant development for the electric vehicle (EV) industry, Rivian Automotive Inc. has agreed to pay $250 million to…
Musk Accuses SEC of Overreach in High-Stakes Twitter Fight
Elon Musk has formally asked a U.S. federal court to throw out the Securities and Exchange Commission’s (SEC) lawsuit alleging…
SEC Lawyers May Be Exempt from Trump Administration’s Federal Employee Purge
In a significant legal and administrative development, U.S. Securities and Exchange Commission (SEC) lawyers may be shielded from a Trump…
Dechert LLP Welcomes Brian Miner as Partner, Strengthening Corporate and Securities Practice
Dechert LLP, a leading global law firm, has announced the addition of Brian Miner as a partner in its corporate…
Milberg Axes 32 Employees
Summary: After years of scandal and financial strain, Milberg lays off 32 employees. In fairness, the first thing to go was the Picassos. Then the…
Reed Smith Adds Two
Reed Smith has added two partners to its corporate and securities group in New York. Michael Smith, whose practice focuses…
Schulte Roth Picks up 5 from Mayer Brown
Five securities litigation lawyers started working at Schulte Roth in Washington today after leaving Mayer Brown. The team is led…
Greenberg Traurig Adds 3
Arthur Don and Nancy Schimmel have joined Greeberg Traurig as partners in the firm's Chicago office. Don and Schimmel are…
Skadden to do early summer offers, en masse
Skadden, Arps, Slate, Meagher and Flom, LLP, has announced its intent to make all of its offers to law students…
Foley & Lardner Hires 3 More Lawyers
Foley & Lardner, which announced three hires earlier this month, has brought on three more lawyers in New York. Barry…
Morris, Manning & Martin Expands into Beijing
Atlanta-based Morris, Manning & Martin, which last month fired incoming associates, is launching a new office in Beijing, China. The…