2nd Circuit Upholds Sam Bankman-Fried’s 25-Year FTX Fraud SentenceJune 12, 2026Law and PolicyThe 2nd Circuit unanimously upheld Sam Bankman-Fried's 25-year FTX fraud conviction on June 12, 2026, rejecting all appellate challenges and leaving him with few legal options.
SDNY Unseals Insider Trading Charges Against Biomedical Analyst Jianqing LiJune 6, 2026Law and PolicySDNY unseals a two-count securities fraud indictment against Manhattan analyst Jianqing Li, who allegedly traded on confidential biomedical deal information for $350,000 in illegal profits.
Federal Jury Convicts Short Seller Andrew Left on 13 CountsJune 4, 2026VerdictsA federal jury in Los Angeles convicted short seller Andrew Left on 13 counts of securities fraud for a short-and-distort scheme that netted more than $21 million.
Sportradar Securities Fraud Class Action Filed Over Illegal Gambling TiesMay 22, 2026Law and PolicyA securities fraud class action filed May 20, 2026, alleges Sportradar concealed its ties to illegal gambling operators, exposing investors to undisclosed regulatory risk.
Gemini Space Station Faces Securities Fraud Class Action Over IPO DisclosuresMay 20, 2026Law and PolicyA securities fraud class action filed May 2, 2026, in the SDNY targets Gemini Space Station over alleged IPO misstatements, with shares down 78.7% from their offering price.
Andrew Left Securities Fraud Trial Opens in Los AngelesMay 18, 2026Legal NewsAndrew Left's criminal securities fraud trial opened May 11 in Los Angeles, putting activist short-selling commentary on trial for the first time in a federal courtroom.
Gautam Adani, Nephew Settle SEC Fraud Claims for $18 MillionMay 18, 2026Law and PolicyGautam Adani and Sagar Adani agreed to pay $18 million to settle SEC civil fraud claims tied to an alleged bribery scheme, while criminal charges remain pending in Brooklyn.
Federal Jury Returns Complete Defense Verdict for ExxonMobil in Securities Class ActionMay 17, 2026VerdictsA federal jury in Dallas unanimously cleared ExxonMobil and former officers of all securities fraud claims in Ramirez v. Exxon Mobil Corp., the first climate-accounting securities class action tried to verdict.
Judge Kaplan Denies Bankman-Fried Pro Se Motion for New TrialMay 17, 2026Law and PolicyJudge Lewis Kaplan denied Sam Bankman-Fried's pro se new-trial motion, calling it baseless, leaving only a Second Circuit appeal between him and a 25-year sentence.
ImmunityBio Securities Fraud Class Action Targets Cancer Drug ClaimsMay 16, 2026Law and PolicyA securities fraud class action filed May 11 targets ImmunityBio and CEO Patrick Soon-Shiong over alleged false claims that cancer drug Anktiva was a vaccine.