Pavithra Kumar

SPAC Share Restriction Litigation

SPAC Share Restriction Litigation: Why Investors Are Suing Over Blocked Sales and What Expert Analysis Is Required

SPAC share restriction litigation has become one of the more technically demanding areas of securities law to emerge from the de-SPAC boom, and the legal landscape is still evolving. When investors find themselves locked out of the market by restrictions they believe were wrongly imposed, extended, or never properly disclosed,…

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How AI is Complicating Reliance Arguments in Securities Class Actions

How AI is Complicating Reliance Arguments in Securities Class Actions

The fraud-on-the-market doctrine has been the backbone of securities class action litigation since Basic Inc. v. Levinson in 1988. It lets plaintiffs avoid the nearly impossible task of proving individual reliance – instead, they invoke a rebuttable presumption that anyone who traded in an efficient market effectively relied on the…

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Prediction Markets and Event Studies: What Securities Litigators Need to Know

Prediction Markets and Event Studies: A Cleaner Signal in Securities Litigation

Event studies have been central to securities fraud litigation for a long time. Courts use them to answer one core question: did the company’s disclosure actually move the stock price, or was something else happening that day? Stock prices, though, are noisy. On any given day, a stock might move…

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private credit securities litigation

Credit Rating Agency Litigation in the Age of Private Credit

The private credit market is seeing an unprecedented explosion, crossing $2 trillion globally and poised to reach $4 trillion by the decade’s end. This rapid rise came at a price; a 5.8% default rate in private credit, according to Fitch Ratings in January 2026, represented the highest level in the…

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