News

NEW YORK – KM Attorney Kelsey Jack has accepted a nomination to National Black Lawyers Top 100, an invitation-only professional development and networking association comprised of the top African American attorneys from across the United States.

NEW YORK -- KM Partner Randall Fox was quoted by Tax Notes on November 21 in an article discussing Sotheby’s recently announced $6.25 million settlement with the Office of New York Attorney General Letitia James resolving charges that the auction house helped clients to dodge millions of dollars in taxes.

KM partners Daniel Hume, Tom Elrod, and associate Lauren Wands have filed an amicus brief in the United States Court of Appeals for the Eighth Circuit in support of the SEC's recently introduced climate disclosure regulations.

NEW YORK - Partner David Kovel commented to the Wall Street Journal in support of a new pilot whistleblower program launched on August 6 by the U.S. Department of Justice.  The program is intended to bridge gaps left between similar, existing incentive programs overseen by other agencies.  

Kirby McInerney LLP, alongside Co-Lead Counsel Scott+Scott LLP and Cafferty Clobes Meriwether & Sprengel LLP, reached a $35 million settlement with Apple Inc. The settlement provides refunds to consumers who were tricked by third-party scammers into buying Apple iTunes and AppStore gift cards and providing the codes to the scammers under false pretenses.

U.S. District Judge Denise Casper has held that digital trading cards sold by fantasy sports company DraftKings are securities under the U.S. Supreme Court’s Howey test, denying the company's motion to dismiss a class action lawsuit led by KM Partner Tony Fata.  The lawsuit alleges that, during the class period, DraftKings sold unregistered securities and ensured that money stayed on DraftKings’ private and exclusively controlled marketplace, propping up the market for an overall valuation of DraftKings’ NFTs and significantly harming investors.