Securities class action settlement activity declined in 2025 as measured by the 16% drop in the number of settled cases. Aggregate settlement dollars were also lower, reflecting in part mega ...

Securities class action settlements often include what is commonly referred to as a “blow provision”—a provision designed to give defendants the option to terminate the settlement agreement if a ...

Franklin Resources ( BEN) Western Asset Management unit agreed to pay $100M to settle the Securities and Exchange ...

Paxos gets SEC clearing agency approval for PSSC, allowing blockchain-based clearing and settlement for eligible US securities trades.

Jonathan is the managing partner of the firm’s Washington, DC office and a member of the firm’s litigation department. He has represented various entities and individuals in enforcement investigations ...