Carleen Bongat

Carleen Bongat is a researcher and contributor at InvestmentNews, covering US court cases and legal developments at the intersection of wealth management, financial planning, and regulatory compliance. Based at Key Media, she brings a background in legal research and business communications to her reporting on cases spanning federal and state courts — including matters before the Delaware Court of Chancery, the Second Circuit, and the Fourth Circuit. Her work tracks litigation that directly affects financial advisors, investment firms, and their clients across the United States.

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Carleen Bongat
Displaying 38 results
Delaware court splits Foley pay fight at Fidelity National Financial
REGULATION, LEGAL & COMPLIANCE JUN 16, 2026
Delaware court splits Foley pay fight at Fidelity National Financial

A rewritten governance law gets its first court test, and one pay claim lives on.

Supreme Court bars activist investors from suing funds under investor law
REGULATION, LEGAL & COMPLIANCE JUN 15, 2026
Supreme Court bars activist investors from suing funds under investor law

Saba pushed; the justices pushed back - and the SEC keeps the gavel.

SEC defendant loses bid to escape fraud case on service technicality
REGULATION, LEGAL & COMPLIANCE JUN 11, 2026
SEC defendant loses bid to escape fraud case on service technicality

He said he was overseas when served. The judge wasn't buying the workaround.

Appeals court revives iRobot fraud claim over collapsed Amazon merger deal
MERGERS & ACQUISITIONS JUN 08, 2026
Appeals court revives iRobot fraud claim over collapsed Amazon merger deal

One upbeat line in a proxy filing was all it took.

Court upholds CFTC denial of whistleblower payout in $1.475B currency case
REGULATION, LEGAL & COMPLIANCE JUN 08, 2026
Court upholds CFTC denial of whistleblower payout in $1.475B currency case

He warned regulators in 2011 - two years before the scandal hit the headlines.

Chicago pension funds win Delaware order over Paramount-Skydance merger files
REGULATION, LEGAL & COMPLIANCE JUN 08, 2026
Chicago pension funds win Delaware order over Paramount-Skydance merger files

Third Delaware ruling on the deal - and Shari Redstone's role is back in frame.

Supreme Court strengthens SEC power to claw back fraud profits from violators
REGULATION, LEGAL & COMPLIANCE JUN 05, 2026
Supreme Court strengthens SEC power to claw back fraud profits from violators

No investor losses? The SEC can still claw back every dollar of profit.

Citadel loses SEC fight as appeals court upholds IEX options trading speedbump
REGULATION, LEGAL & COMPLIANCE JUN 01, 2026
Citadel loses SEC fight as appeals court upholds IEX options trading speedbump

One firm controls 30% of options volume – and just lost this one

Delaware Chancery tosses stockholder suit over Vista's $4.6B KnowBe4 take-private with KKR
REGULATION, LEGAL & COMPLIANCE MAY 28, 2026
Delaware Chancery tosses stockholder suit over Vista's $4.6B KnowBe4 take-private with KKR

KKR, Elephant, and the founder dodged control-group claims – here's why it stuck.

Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney
REGULATION, LEGAL & COMPLIANCE MAY 15, 2026
Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney

Nine-month electronic trading freeze and share lending program at the center of dismissed claim.