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    • EXCHANGES AND MARKET REGULATION—N.Y. Sup.: New York and Polymarket sue each other over prediction markets trading
    • BLOCKCHAIN—CFTC updates FAQs on margin collateral and recordkeeping
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    • FRAUD AND MANIPULATION—S.D.N.Y.: Shareholder action dismissed for failure to allege actionable false statements
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    • FRAUD AND MANIPULATION—S.D.N.Y.: Statements about drilling rigs’ condition weren’t made with scienter
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    Securities Regulation Daily Wrap Up, FRAUD AND MANIPULATION—S.D.N.Y.: Statements about drilling rigs’ condition weren’t made with scienter, (Sep 25, 2026)

    Law Firms Mentioned:Glancy Prongay Wolke & Rotter LLP | Hogan Lovells Cadwalader
    Organizations Mentioned:Hogan Lovells, LLP | Levi & Korsinsky, LLP | Transocean Ltd.

    By Anne Sherry, J.D.

    Motives common to all corporate defendants can’t hold up a securities fraud action.

    A securities fraud complaint failed to plead a viable theory of scienter. Without showing that any individual defendant personally gained from artificially prop ...

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