Thursday, February 11, 2016 5:59 PM PT
By KATHERINE PROCTOR 

     SAN FRANCISCO (CN) - A federal judge gave final approval to a class action settlement of claims that video game developer Zynga artificially inflated its share prices. 

By LORRAINE BAILEY 

     (CN) - A Kazakhstani sovereign wealth fund can be sued under U.S. securities laws for making misrepresentations to U.S. investors, the 2nd Circuit ruled. 

By MIKE HEUER 

     
     LAS VEGAS (CN) - A shareholder made an honest effort to revise a shareholder class action against Sheldon Adelson and Las Vegas Sands, so he won't be sanctioned despite its dismissal, a federal judge ruled. 

By IZZY KAPNICK 

     (CN) - The Delaware Chancery Court refused to dismiss a lawsuit against pawn-lending giant EZCorp's controlling shareholder alleging that he siphoned off the company's cash through dubious contracts with his consulting firm.  

By ERIK DE LA GARZA 

     NEW ORLEANS (CN) - The 5th Circuit ordered a retrial for two former medical device executives convicted in a $756 million securities fraud scheme because of the judge's improper rulings at trial. 

By BARBARA LEONARD 

     WASHINGTON (CN) - As 9th Circuit Judge Alex Kozinski predicted, the Supreme Court handed the federal appeals court a reversal Monday, reviving securities claims against drugmaker Amgen. 

By IZZY KAPNICK 

     (CN) - A federal judge in New York upheld the method used by the trustee tasked with calculating restitution for victims of Bernie Madoff's Ponzi scheme. 

By KEVIN LESSMILLER 

     (CN) - The Supreme Court has agreed to consider what benefits need to be proven to hold someone liable for trading stocks on inside information from a friend or relative. 

By LORRAINE BAILEY 

     (CN) - A shareholder derivative action says McGraw Hill Financial's board members should be held responsible for Standard & Poor's credit rating misrepresentations which have so far cost it $1.67 billion.

By PHILLIP A. JANQUART 


(CN) - Shareholders claim in court that GoPro Inc. executives misled investors about the company's financial status and the anticipated performance of one of its camera products.

By LORRAINE BAILEY 

     (CN) - A biotech firm that makes drugs derived from the cannabis plant slacked off when it came to accounting for the cost of its clinical studies, shareholders claim in court.

By CAMERON LANGFORD 

     HOUSTON (CN) - Flotek Industries directors sold $12.7 million in company stock before news broke that they inflated the share price with false data about its oil drilling fluids, a class of shareholders claims.

By KYLE ANNE UNISS  

     COLUMBUS, Ohio (CN) - A lobbyist for State Street Bank and Trust Co. engaged in a pay-to-play scheme with Ohio's deputy treasurer, securities regulators say in a federal complaint. 

By IZZY KAPNICK 

     (CN) - Investors claim in a class action that solar power company Vivint's pending $2 billion merger is tailored to benefit majority owner Blackstone Group at the expense of minority shareholders.

By NICKEESHA SWABY 

     
     (CN) Fitbit Inc. investors claim in a class action that the company lied in connection to its $732 million June 2015 initial public offering.

By NICK RUMMELL 

     
     MANHATTAN (CN) - Chipotle faces a federal shareholder class action lawsuit after authorities linked the burrito giant to four separate health scares around the country last year.

By KEVIN KOENINGER 

     DAYTON, Ohio (CN) - A class of consumers say two investment firms defrauded them by running a $66 million Ponzi scheme with a man accused of mail and wire fraud.

By PHILLIP A. JANQUART 

      (CN) - Between February 2013 and December 2015, the Securities and Exchange Commission filed 19 action, almost half involving fraud allegations, tied to the EB-5 Immigrant Investor Program, according to Stephen Cohen of the SEC's enforcement division in testimony before the U.S. Senate Committee on the Judiciary.

By LORRAINE BAILEY 

     (CN) - While petty criminals rot in record numbers in U.S. jails, corporate executives accused of wrongdoing avoid similar fates, says a new report released by Sen. Elizabeth Warren's office (D-MA) highlighting the weak prosecution of corporate crime compared with the U.S.'s fierce prosecution of street crime. 

By LORRAINE BAILEY 

     (CN) - The Securities Industry and Financial Markets Association has told the Department of Labor that proposed rules for a state-sponsored "auto IRA" savings program are a "step in the wrong direction."

By DAN MCCUE 

     (CN) - Morgan Stanley will pay $3.2 billion to settle claims over its sale and issuance of mortgage-backed securities prior to the 2008 financial crisis, the Justice Department announced. 

By NICK DEVITO 

     BROOKLYN (CN) - Martin Shkreli, a pharmaceutical bad boy who jacked up the prices of a life-saving HIV drug by 5,000 percent, will be shutting his mouth from now on about the federal securities case against him, his new high-profile attorney told a crush of reporters Wednesday.

By DAVID LEE 

     AUSTIN (CN) - The Texas Ethics Commission narrowly rejected an advisory opinion that would have allowed embattled Texas Attorney General Ken Paxton to use out-of-state donations to defend himself on felony securities fraud charges.

By LORRAINE BAILEY 

     (CN) - Morgan Stanley will pay $63 million to settle FDIC claims that it misrepresented residential mortgage-backed securities during the financial meltdown.