On January 14, 2022, a federal court in the Northern District of California endorsed the SEC's novel "shadow trading" theory of insider trading. In SEC v. Panuwat, No. 3:21-cv-06322-WHO (N.D. Cal. Jan. 14, 2022), the Court...more
Arent Fox’s Sports industry group is part of the firm's COVID-19 Task Force, which is helping clients navigate new legal issues, regulatory challenges, and policy changes. Our newsletter highlights how the world of sports...more
Last week in Dew-Becker v. Wu, 2020 IL 124472 (April 16, 2020), the Illinois Supreme Court sided with the fantasy sports industry holding that daily fantasy sports contests are indeed contests of skill and thus not gambling...more