š§© NYSE explores tokenized trading
PLUS: Seyfarth's help-desk impostor; Kimberly-Clark wants its $40B deal
September 24, 2026
Lookzy: all your daily legal news in 0.1 billable hours. Plain English coverage of deals, litigation and legal trends trusted by lawyers at Cravath, Latham, Skadden, Gunderson and elsewhere.
Welcome to Lookzy. In today's Lookzy:
Trump's lawsuit over a bad poll gets dismissed
NYSE looks to bring tokenized stocks to a crypto app
A help-desk impostor gets Seyfarth's client files
The ABA's recognition fight puts student loans at stake
THE VERDICT
Arguing today's litigation news
Protected prediction. An Iowa state judge dismissed President Trump's consumer-fraud suit against the Des Moines Register and pollster J. Ann Selzer over a pre-election forecast that turned out badly wrong. The court held that the prediction was an opinion protected by the First Amendment and could not support Trump's suit under Iowa fraud law.
Voting prosecutions surge. DOJ has charged roughly 20 people this month under the federal ban on noncitizen votingāabout 13% of all prosecutions under the three-decade-old law, according to Reuters' court-records review. Noncitizen votes remain a tiny fraction of votes cast, but DOJ has made the cases a top priority ahead of the midterms. The department says political appointees may mediate when career prosecutors decline cases that agents believe should be charged.
Sobriety pitch. Arizona Attorney General Kris Mayes sued Botanic Tonics under the state's Consumer Fraud Act, alleging the company marketed addictive Feel Free kratom-and-kava shots as wellness drinks and alcohol alternatives, including to people seeking sobriety. The complaint says the company has sold millions of shots in Arizona since 2020.
THE DEAL
Wheelin' and dealin' today's corporate news
Stocks around the clock. NYSE and Blockchain.com are exploring 24/7 trading of tokenized NYSE-listed stocks and ETFs for the crypto platform's customers. Their memorandum of understanding covers access through NYSE's planned digital trading venue; both the venue and distribution plan need regulatory approvals.
Kenvue concessions. Kimberly-Clark offered concessions to win EU approval for its roughly $40 billion acquisition of Kenvue, extending the European Commission's decision deadline to October 13. The Commission has not disclosed the proposed remedies. Australia has already required the divestiture of the Carefree and Stayfree period-care brands in that country as a condition of approving the deal.
Founders back Shelly offer. Schneider Electric plans to launch a voluntary public takeover offer for smart-device maker Shelly Group at ā¬70 a share in cash, valuing it at roughly ā¬1.2 billion. The price is a 27% premium to Shelly's unaffected July 28 share price. Two founders holding roughly 57% have conditionally agreed to sell.
BOILERPLATE
Help-desk impostor. Someone posing as Seyfarth Shaw's IT help desk persuaded an employee to email client documents outside the firm. Seyfarth says the attacker never accessed its network or systems and the incident involved one employee and a small number of documents. State notices say the files included names and Social Security numbers.
Law-school accreditor deadlock. An Education Department committee twice deadlocked over renewing federal recognition of the ABA's law-school accreditor after seven hours of discussion. Losing recognition could disrupt federal student loans at some law schools and complicate bar eligibility. Department staff recommended non-renewal in August; the final decision remains months away.
Alright, back to billing. That's all, folks!
