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Cornerstone Research

Securities Class Action Filings Remain Steady While Size of Filings Increased Substantially in First Half of 2025

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The number of securities class action filings in the first half of 2025 remained steady in comparison to the second half of 2024 but the overall size of filings increased considerably, according to a report released today by...more

Cornerstone Research

Securities Class Action Filings Increase for Second Consecutive Year in 2024

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AI-related filings more than double and 1933 Act filings continue to decline. The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related...more

Robins Kaplan LLP

Mixed Inflation Report Drags Stocks (and Cryptos) Still Lower

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Inflation slowed from a month earlier but still topped 8% in the U.S., according to latest CPI figures, an “uncomfortably rapid pace.” Though overall inflation was down, core inflation—“which excludes costs for groceries and...more

Robins Kaplan LLP

Fed Chair Pledges to Raise Rates to Fight Inflation

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The latest from Fed Chair Powell’s first day of confirmation hearings, including the expected news that the central bank is prepared to raise interest rates to tame inflation, tying that goal to the Fed’s other mandate by...more

Robins Kaplan LLP

Record 4.5 Million Americans Quit Jobs in November as Great Resignation Marches On

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4.5 million Americans—a new record—voluntarily left their jobs in November, continuing a trend that marked much of 2021 thanks to “strong employer demand” that’s allowing some workers to “pursue better opportunities.” While...more

Robins Kaplan LLP

Financial Daily Dose 12.7.2021 - Samsung Shakes Up Leadership, Consolidates Business Units

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Samsung surprised the business world today by replacing the “heads of its three major business units and merg[ing] the company’s mobile and consumer electronics businesses into a single unit.” The moves mean the South Korean...more

Robins Kaplan LLP

Financial Daily Dose 11.2.2021 | Top Story: Electric-Truck Maker Rivian to Seek $60B Market Value in Coming IPO

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E-truck maker Rivian Automotive, the Amazon- and Ford-backed startup that’s “received roughly $10.5 billion since the start of 2019” as a private company, is seeking a valuation of “just above $60 billion in its initial...more

Robins Kaplan LLP

Financial Daily Dose 8.20.2021 | Top Story: FTC Refiles Antitrust Lawsuit Against Facebook

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The Federal Trade Commission refiled its antitrust lawsuit against Facebook on Thursday 2 months after a federal judge dismissed the agency’s original case. The updated action repeated many of the same allegations against...more

Robins Kaplan LLP

Financial Daily Dose 8.16.21 | Top Story: Hyatt Hotels to Buy Resort Giant Apple Leisure for $2.7 Billion

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Hyatt Hotels revealed plans this weekend to buy resort company Apple Leisure Group from PE owners KKR and KSL Capital Partners for a reported $2.7 billion. The move is “the latest sign of optimism about a return to vacation...more

Robins Kaplan LLP

Financial Daily Dose 8.12.2021 | Top Story: Prices Jump Again in June, but Pace of Inflation Moderates

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That CPI data we were expecting yesterday hit analysts’ projections just about on the mark, with prices increasing 5.4% last month compared to a year earlier. Though undeniably high, that figure suggests that “gains are...more

K&L Gates LLP

HUB Talks: Payments Across the Globe Miniseries - Trends in Singapore

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Judith Rinearson and Jeremy McLaughlin sit down with payments lawyers to cover the fintech market place, trends, and developments around the world in the Payments Across the Globe miniseries. In this episode Jeremy McLaughlin...more

Robins Kaplan LLP

Financial Daily Dose 7.20.2021 | Top Story: Markets Dive on Monday on Delta Variant Fears

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Markets dove at the opening bell and never recovered on Monday, with all three major indices off between 1 and 2%--the most across the board since May. Most market watchers blamed concerns over the economic recovery stalling...more

K&L Gates LLP

HUB Talks: Payments Across the Globe Mini Series - Trends in Australia

K&L Gates LLP on

Judith Rinearson and Jeremy McLaughlin sit down with payments lawyers to cover the fintech market place, trends, and developments around the world in the Payments Across the Globe mini-series. In this episode Jeremey...more

Robins Kaplan LLP

Financial Daily Dose 4.23.2021 | Top Story: Unanimous Supreme Court Strips FTC of Most Restitution Powers

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A unanimous SCOTUS ruling this week curbs the FTC’s “longtime practice of seeking to recover ill-gotten gains from companies and individuals who cheat or mislead consumers,” with the justices finding that the 1973 law that...more

Robins Kaplan LLP

Financial Daily Dose 3.25.2021 | Top Story: Still-Blocked Suez Canal Adds to Supply-Chain Woes, Pushes Prices Higher

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More on how the clogged Suez Canal is combining with “a burst of demand for consumer goods” thanks to a resurgent U.S. economy is “heaping pressure on already strained supply chains” and potentially push prices higher in...more

Robins Kaplan LLP

Financial Daily Dose 2.22.2021 | Top Story: Boeing Grounds Some 777 Models After Engine Explosion on United Flight

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Boeing needs another aircraft problem like a hole in the head, but that’s just what it got after a right-engine explosion on one of its 777-200 models that had just left Denver en route to Hawaii. ...more

Robins Kaplan LLP

Financial Daily Dose 2.11.2021 | Top Story: Fed Chair Powell Urges Focus on Restoring Full Employment

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In a much-anticipated [well, for some of us central bank nerds, at least] to the Economic Club of NY, Fed Chair Powell on Wednesday acknowledged that pent-up consumer demand unlocked by a big government stimulus package could...more

Robins Kaplan LLP

Financial Daily Dose 2.8.2021 | Top Story: Weak Jan. Jobs Report Paves Way for Biden’s Covid Relief Plan

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Friday’s “anemic” jobs report (just 49,000 jobs added in January, and precious few of those in the private sector) “underscored the pandemic’s brutal damage to the job market” and likely made President Biden’s sale of his...more

Hogan Lovells

Securities and markets regulatory news, December 2020 # 3

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UK Short Selling Regulation: notification threshold - HM Treasury has announced that it intends to lay a statutory instrument under the retained EU law version of the Short Selling Regulation (UK SSR) amending the initial...more

Robins Kaplan LLP

Financial Daily Dose 10.6.2020 | Top Story: Cybersecurity Pioneer John McAfee Arrested, Accused of Tax Evasion Over Crypto...

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The SEC has sued “cybersecurity pioneer John McAfee” for “promoting the sale of cryptocurrencies without disclosing that he was being paid to do so.” McAfee allegedly recommended “at least seven initial coin offerings to his...more

Robins Kaplan LLP

Financial Daily Dose 10.2.2020 | Top Story: Covid-Infected POTUS Injects Volatility to Skittish Global Markets

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Markets globally and U.S. futures are down as investors digest the news out of D.C. overnight... Jobs Report Friday again. Here’s what we’re watching for in the numbers....more

Robins Kaplan LLP

Financial Daily Dose 7.31.2020 | Top Story: Amazon a Juggernaut?

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Amazon a juggernaut? Quarterly sales and profit prove how indispensable tech giants have become to our society. In the midst of a pandemic, Big Tech mostly shows gains....more

Robins Kaplan LLP

Financial Daily Dose 7.10.2020 | Top Story: Gilead Reports Strong Remdesivir Results

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Gilead Sciences Inc. reports that its remdesivir virus treatment has been positively correlated with a 62% reduction in death risks compared with the standard of care in an initial analysis....more

Robins Kaplan LLP

Financial Daily Dose 4.13.2020 | Top Story: Oil-producing countries reach broad agreement to cut

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The pandemic is bringing rivals Apple and Google together in an effort to develop a system for “tracking through Bluetooth technology the contacts of those who have tested positive for COVID-19, a method the tech giants...more

Robins Kaplan LLP

Financial Daily Dose 3.24.2020 | Top Story: Fed’s “Unlimited” QE Promise Doesn’t Reassure Markets Amid D.C. Deadlock

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A promise of “unlimited” QE from the Fed Monday morning briefly turned the tides on Dow futures but wasn’t enough to overcome another day of COVID-19-related fears and DC gridlock over the $1.8 trillion stimulus package III...more

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