Eden L. Rohrer

Nov 21, 2024 | natlawreview.com | Eden L. Rohrer

On 21 November 2024, the US District Court for the Northern District of Texas (Court) ruled against the US Securities and Exchange Commission (SEC) in two separate cases, vacating its rule which expanded the definition of securities dealers. In February 2024, the SEC adopted a rule expanding the definitions of “dealer” and “government securities dealer” to extend to market participants who provide significant liquidity to the markets (the Dealer Rule).

Jul 9, 2024 | law360.com | Eden L. Rohrer |Andrew Hinkes |Joshua Durham

By Eden Rohrer, Andrew Hinkes and Joshua Durham (July 9, 2024, 5:40 PM EDT) -- On June 3, Dapper Labs agreed[1] to settle a putative class action brought by private plaintiffs, subject to court approval in the U.S. District Court for the Southern District of New York, putting to rest allegations[2] that its NBA-endorsed non-fungible tokens were offered and sold as unregistered investment contract securities.... Law360 is on it, so you are, too.

Jun 17, 2024 | jdsupra.com | Joshua Durham |Andrew Hinkes |Eden L. Rohrer

Dapper Labs (Dapper) has agreed to settle a putative class action suit brought by private plaintiffs, subject to court approval, putting to rest allegations that its NBA-endorsed nonfungible tokens (NFTs) were offered and sold as unregistered investment contract securities. The terms of the settlement, including acts undertaken by Dapper to decentralize its network, may be a model for third parties who wish to avoid securities liability in connection with offering digital asset NFT collectibles.

Jun 17, 2024 | mondaq.com | Andrew Hinkes |D. McNair Nichols |Joshua Durham |Eden L. Rohrer

Dapper Labs (Dapper) has agreed to settle a putative class action suit brought by private plaintiffs, subject to court approval, putting to rest allegations that its NBA-endorsed nonfungible tokens (NFTs) were offered and sold as unregistered investment contract securities. The terms of the settlement, including acts undertaken by Dapper to decentralize its network, may be a model for third parties who wish to avoid securities liability in connection with offering digital asset NFT collectibles.

Jun 12, 2024 | klgates.com | Eden L. Rohrer |Andrew Hinkes |D. McNair Nichols |Joshua Durham

Dapper Labs (Dapper) has agreed to settle a putative class action suit brought by private plaintiffs, subject to court approval, putting to rest allegations that its NBA-endorsed nonfungible tokens (NFTs) were offered and sold as unregistered investment contract securities. The terms of the settlement, including acts undertaken by Dapper to decentralize its network, may be a model for third parties who wish to avoid securities liability in connection with offering digital asset NFT collectibles.