7 days Forward in Securities: May possibly 24, 2021

In this article are some approaching activities of interest to the securities legislation community. Unless of course normally pointed out, all periods are neighborhood, and courtroom appearances are digital because of to the COVID-19 pandemic.

Wednesday, May perhaps 26

11 a.m. – Suffolk County Superior Courtroom Decide Kenneth Salinger in Boston will listen to a bid by Robinhood to block point out regulators from imposing a new rule that’s the basis of charges that the on the internet brokerage encourages inexperienced traders to put risky trades devoid of restrictions. Massachusetts Secretary of Condition Bill Galvin, the state’s top securities regulator, is seeking to revoke Robinhood’s broker-vendor license. The scenario is Robinhood Fiscal LLC v. Galvin, Suffolk County Exceptional Court, Massachusetts, No. 2184CV00884. For Robinhood: Timothy Burke of Morgan, Lewis & Bockius. For Galvin: Myles McDonough of Sloane and Walsh.

Friday, Could 28

10:00 a.m. – U.S. District Decide Paul Engelmayer in Manhattan will maintain an original listening to in the U.S. Securities and Exchange Commission’s lawsuit alleging AT&T Inc and three executives disclosed nonpublic details to analysis analysts to stay away from falling short of quarterly anticipations in 2016. The business has denied wrongdoing.

The scenario is Securities and Exchange Fee v. AT&T Inc. et al., U.S. District Court docket, Southern District of New York, No. 21-cv-01951. For AT&T Richard Krumholz of Norton Rose Fulbright US and Randall Jackson of Willkie Farr & Gallagher. For the executives: Leslie Thorne of Haynes and Boone

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