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5.13.26
Wilson Sonsini Advises Recursive on $650 Million Series A Funding at a $4.65 Billion Valuation
On May 13, 2026, Recursive, an AI start-up dedicated to advancing AI intelligence through recursive self-improvement, came out of stealth and announced that it raised over $650 million in its Series A round at a $4.65 billion valuation. The funding round was led by Google Ventures and Greycroft, with participation from chip makers AMD Ventures and NVIDIA. Wilson Sonsini Goodrich & Rosati advised Recursive on the transaction.
Press Releases
3.16.26
Wilson Sonsini Adds Benjamin P. Edwards As Senior Of Counsel in Corporate Governance Practice
LAS VEGAS, NEVADA—March 16, 2026—Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, today announced that University of Nevada, Las Vegas (UNLV) professor Benjamin P. Edwards has joined the firm as Senior Of Counsel in its Corporate Governance practice. Edwards brings deep experience in corporate governance and Nevada corporate law, strengthening the firm’s offerings for Nevada-incorporated companies.
Client Highlights
3.13.26
Firm Advises BlackLine on Agreement with Engaged Capital
On March 10, 2026, BlackLine announced that it entered into a cooperation agreement with Engaged Capital. Under this agreement, BlackLine appointed Storm Duncan and Megan Prichard to its board of directors, and Engaged Capital agreed to various restrictions on its activities at BlackLine. Wilson Sonsini Goodrich & Rosati advised BlackLine on the cooperation agreement.
Alerts
3.03.26
Reporting Season Alert: Five Key Considerations for Proxy Season
With the 2026 proxy season upon us, companies are finalizing annual meeting materials against a backdrop of shifting investor priorities, evolving engagement dynamics, and regulatory uncertainty. This alert highlights governance, disclosure, and engagement considerations for companies preparing for their 2026 annual meetings.1 Below are five key considerations as you finalize preparations.
Alerts
3.02.26
Delaware Supreme Court Upholds Landmark Statutory Amendments
On February 27, 2026, the Delaware Supreme Court upheld recent amendments to the Delaware General Corporation Law (the DGCL) that provide safe harbor procedures for board decisions and corporate transactions involving director, officer, or controlling stockholder conflicts. The decision is a welcome development, and the statutory provisions at issue will continue to shape board decision-making and transaction planning for many companies and investors.
Blog Posts
2.18.26
What Public Companies Should Know About SEC “Coming Attractions”
Recent public statements by SEC Chairman Paul S. Atkins and Division of Corporation Finance Director James Moloney offer a useful preview of where the SEC is likely headed in 2026. While neither statement announces final policy, together they continue to signal an emphasis on disclosure reform rooted in financial materiality and capital formation.
Blog Posts
2.10.26
Remember to Double-Check Filing Fee Exhibits
Beginning March 16, 2026, EDGAR will suspend filings that contain incorrect or incomplete structured filing fee-related information, rather than simply issuing warnings. The SEC’s announcement follows the lengthy phase-in period of the structured filing fee rules that contemplated a transition to suspensions for errors. Filers and their agents can utilize tools and test filings to avoid errors that could result in filing suspensions.
Blog Posts
1.28.26
SEC Division of Corporation Finance Issues Updated CDIs: Highlights
On January 23, 2026, the SEC's Division of Corporation Finance released updates to its Compliance and Disclosure Interpretations (CDIs) covering proxy solicitation practices, broker search timing, executive compensation disclosures in spin‑offs, private offerings and integration, and lock‑up agreements in registered business combinations; this blog post highlights the key changes.
Newsletters
1.08.26
Litigation Trends to Watch in 2026
Entering 2026, Wilson Sonsini litigators see a landscape defined by AI driven disputes, continued tightening of patent review standards, renewed securities and governance litigation, stronger consumer and influencer enforcement, and escalating Telephone Consumer Protection Act (TCPA) exposure—trends that require companies to align legal strategy with technical and operational controls.
Alerts
12.23.25
Foreign Private Issuer Insiders to Be Subject to Section 16(a) Reporting
On December 18, 2025, President Donald J. Trump signed the Fiscal Year 2026 National Defense Authorization Act (NDAA), which includes Section 8103, known as the “Holding Foreign Insiders Accountable Act.” The legislation represents a significant change for foreign private issuers (FPIs) listed in the United States. Section 8103 imposes insider reporting obligations under Section 16(a) of the Securities Exchange Act of 1934 (Exchange Act) on directors and officers of FPIs, a requirement from which they have historically been exempt.
Alerts
12.22.25
Delaware Supreme Court Reverses Rescission of Elon Musk’s Pay Package and Lowers Plaintiff’s Fee Award
In a much-anticipated decision issued on December 19, 2025, the Delaware Supreme Court reversed the Delaware Court of Chancery’s rescission of Elon Musk’s 2018 equity compensation package and, as a result, significantly cut back the trial court’s award of attorneys’ fees to the plaintiffs’ attorneys. The opinion1 resolves a multi-year litigation over Musk’s compensation, which was valued at approximately $56 billion at the time of the Court of Chancery’s post-trial decision in 2024.