Category: Latest Articles
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SEC is dropping lawsuit, Coinbase boss says
Coinbase chief executive Brian Armstrong has said the Securities and Exchange Commission (SEC) plans to drop a lawsuit against the firm. The SEC has claimed that the cryptocurrency exchange violated laws by offering investments that are subject to its rules despite not registering as an exchange, broker and clearing agency with the regulator. Armstrong said…
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N.J. librarian sues over gender bias
Alexander Cardillo, a librarian at the Maurice M. Pine Library in Fair Lawn, N.J. since 2004, has filed a lawsuit alleging gender discrimination against Library Director Adele Puccio. Cardillo claims that Puccio favored female employees, systematically cutting his hours and ultimately firing him after he raised pay concerns. The lawsuit, filed on February 13 in…
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Judge lifts block on anti-money laundering law
A federal judge has lifted an order that blocked the enforcement of an anti-money laundering law that forces millions of business entities to disclose the identities of their real beneficial owners to the Treasury Department. U.S. District Judge Jeremy Kernodle in Tyler, Texas, put on hold an order he issued halting the Corporate Transparency Act’s…
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Clifford Chance boosts trade compliance
Clifford Chance has hired White & Case partner Karalyn Mildorf, who works on national security and trade compliance issues related to the Committee on Foreign Investment in the U.S. (CFIUS). The agency vets foreign investments for national security risks. Investigations into foreign investments in the U.S. have spiked since President Donald Trump’s first administration, and…
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Dentons secures Paul Hastings partner
Dentons has appointed Joanna Dimmock, a partner from Paul Hastings, to bolster its disputes, regulatory, and investigations team. With over 20 years of experience, Dimmock will lead the corporate crime practice and focus on white-collar issues and litigation. She is set to join the London office on 24 February, bringing her expertise in handling cross-border…
