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For the fourteenth consecutive year, Alston & Bird has been recognized as a global leader in patent law by Intellectual Asset Management in its annual IAM Patent 1000 – The World’s Leading Patent Professionals.

Alston & Bird advised loanDepot Inc. on closing its $200 million securitization, through the loanDepot GMSR Master Trust, of portfolio excess spread from mortgage servicing rights on mortgage loans underlying certain mortgage-backed securities guaranteed by Ginnie Mae.

Alston & Bird secured a significant victory for Massachusetts-based Checkpoint Therapeutics, a biopharmaceutical company specializing in cancer immunotherapies and treatments, and its CEO in a securities class action in the Southern District of New York. The suit alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act, claiming the company made materially false or misleading statements about the likelihood of Food and Drug Administration approval for a biologics license application. In a detailed ruling issued May 19, the court granted our motion to dismiss the case with prejudice, finding the plaintiff failed to adequately plead any false or misleading statements or the scienter required for securities fraud.

Alston & Bird represented Texas-based Industry Bancshares and its six subsidiary banks in their acquisition by Cadence Bank, a Mississippi-based financial services company. Under the agreement, Cadence Bank will pay between $20 million and $60 million in cash for Industry Bancshares’ outstanding common stock.

Alston & Bird’s Intellectual Property Group was named “Litigation Department of the Year” for Intellectual Property by Daily Report at the annual Southeastern Legal Awards on May 1, 2025. 

Alston & Bird congratulates the Hon. Betty Weinberg Ellerin, senior counsel in the firm’s Litigation & Trial Practice Group, as the latest honoree to be the subject of a portrait as part of the New York City Bar Association’s “Women on the Walls” initiative. Slated to be unveiled at a May 6 ceremony, the portrait was commissioned by the City Bar’s Women in the Legal Profession Committee to recognize the trailblazing careers of female legal professionals with strong ties to New York City.