Michael Lohnes

Michael Lohnes

Katten Muchin Rosenman LLP

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SEC Requests Stay of CAT-Related Class Action Proceedings

On June 11, the Securities and Exchange Commission (SEC) requested a stay of proceedings in a pending class action lawsuit challenging the SEC’s implementation of the Consolidated Audit Trail (CAT). The SEC’s rationale for...more

6/17/2025  /  Class Action , Constitutional Challenges , Popular , Regulatory Reform , Rulemaking Process , Securities and Exchange Commission (SEC) , Securities Litigation , Securities Regulation , Stays

Tenth Circuit Court of Appeals Affirms Dismissal of Putative Securities Class Action Brought by Short Seller

On October 15, 2024, the United States Court of Appeals for the Tenth Circuit affirmed the dismissal of a putative securities class action against online retailer Overstock.com (“Overstock” or the “Company”) and certain of...more

11/6/2024  /  Class Action , Putative Class Actions , Rule 10b-5 , Securities Exchange Act , Securities Litigation , Securities Violations
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