Bill Hwang, the founder of Archegos Capital Management, has sought a presidential pardon for his conviction in the collapse of his fund that cost Wall Street banks more than $10 billion. The former billionaire investor, who was sentenced to 18 (…)
(Westlaw) Apple Inc. has persuaded a California federal judge to dismiss a proposed class action accusing the tech giant of illegally collecting user data from its mobile apps even after users disable data-sharing options. In re Apple Data Privacy Litigation, (…)
(Reuters) Paramount Skydance on Monday sued Warner Bros Discovery for more information on a rival $82.7 billion deal with Netflix, escalating a battle to take control of one of the most storied Hollywood studios. The David Ellison-led company also said (…)
(Westlaw) A California federal judge has paved the way for a jury trial in Elon Musk’s lawsuit against OpenAI, while a federal appeals court considers whether to allow social media addiction lawsuits against Meta and other platforms. Here’s a roundup (…)
(JD Supra) The SEC staff issued a no-action letter on December 11, 2025 to the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC) granting relief under certain provisions of the federal securities laws for (…)
(Syndigate) Blockchain Regulation Senators Lummis and Wyden introduce a standalone bill protecting non-custodial DeFi developers as the Senate prepares to mark up broader crypto market structure legislation this week. U.S. Senator Cynthia Lummis introduced a standalone bill aimed at protecting (…)
(Westlaw) The buyers of cybersecurity company Infosec Learning Inc. provided misleading information about their own business to induce the sellers into accepting equity in it as part of the sale, according to a Delaware Chancery Court lawsuit. Kowatch et al. (…)
(Westlaw) Blue Owl Capital Inc. is facing a proposed class action alleging the asset management firm hid liquidity issues that forced it to halt redemptions by investors in a private subsidiary. Goldman v. Blue Owl Capital Inc. et al., No. (…)
(JD Supra) In Revenue Procedure 2025-31 (Rev Proc), released November 10, 2025, the Internal Revenue Service (IRS) announced a safe harbor (Safe Harbor) that, if satisfied, would permit exchange-traded products (ETPs) to stake their digital assets without threatening their tax (…)
(CryptoSlate) The year is 2075. The judge does not ask for a deed. She asks for a transaction ID. The landlord’s lawyer queues up a Bitcoin transaction from fifteen years earlier that moved a token representing the property. The tenant’s (…)