Securities Fraud

  • Letitia James Launches Insider Trading Inquiry Into Trump Allies Following April Market Spike

    New York Attorney General Letitia James has opened a preliminary investigation into potential insider trading involving individuals in President Donald Trump’s orbit, expanding her office’s already extensive legal scrutiny of the former president and his administration. According to Business Insider, the inquiry centers on unusual trading activity that occurred shortly before a social media post…

  • Inside America | Breaking Down the Headlines: Elon Musk’s Legal Challenges And Widespread Protests

    Wisconsin Attorney General Josh Kaul has filed a lawsuit to prevent billionaire Elon Musk from distributing $1 million payments to voters ahead of the state’s Supreme Court election. Kaul argues that Musk’s proposed financial incentives violate Wisconsin’s election bribery statutes, which explicitly prohibit offering anything of value in exchange for voting. The move has sparked…

  • Supreme Court Says Corporate Silence On Impactful Trends Not Securities Fraud

    The U.S. Supreme Court’s unanimous ruling, penned by Justice Sonia Sotomayor, grants Macquarie Infrastructure a victory, barring shareholders from suing for fraud solely based on a breach of disclosure rules. The case centered on allegations that Macquarie failed to divulge the risk posed by an international phasing out of high-sulfur fuel oil from 2016 to…