Financial Services Litigation

Effective Sept. 26, 2018, the Securities and Exchange Commission approved amendments to Nasdaq’s shareholder approval rule regarding issuances of 20% or more of an issuer’s outstanding common stock or voting
Continue Reading NASDAQ Provides Additional Flexibility Under Its 20% Shareholder Approval Rule

Last week, in Pictet Overseas, Inc. v. Helvetia Trust, the Eleventh Circuit U.S. Court of Appeals affirmed a Florida district court’s order permanently enjoining two offshore trusts from pursuing
Continue Reading 11th Circuit Answers When Would-Be ‘Customers’ May Bring a FINRA Arbitration Against FINRA Members and Associated Persons

In a previous GT Alert, we summarized and analyzed the Supreme Court’s June 21, 2018, decision in Lucia v. Securities & Exchange Commission, 138 S. Ct. 2044 (2018). That
Continue Reading SEC Order Seeks to Clarify Steps Forward Following Lucia

According to the report issued last week, Greenberg Traurig is among the top 15 firms in the United States, defending national and global financial institutions against bet-the-company securities litigation cases. 
Continue Reading Lex Machina’s Securities Litigation Report 2017 Names Greenberg Traurig a Top Federal Securities Defense Firm

A mortgage servicer’s offer of financial assistance to a defaulted borrower in order to induce him to vacate his property following foreclosure does not present a plausible claim under the
Continue Reading FDCPA – 11TH Circuit: Kinlock v. Wells Fargo Bank – Post-Foreclosure Offers of Financial Assistance to Defaulted Borrower Not Violative of FDCPA/Florida Consumer Collection Protection Act

On Thursday, August 27, Greenberg Traurig’s Pete Michaels, shareholder in the Greenberg Traurig’s Financial Regulatory and Compliance and Securities Litigation Groups, presented “Legal Quick Hit: But I Thought it
Continue Reading Pete Michaels Presents on United States Regulatory Traps for the Unwary Financial Services Firm