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Latham Advised Opendoor on “Meme Stock” Trading Dynamics, Taking the Stock From a Market Cap of US$300 Million to a High of Over US$7 Billion
October 7, 2025
Firm represented the leading real estate e-commerce platform during the market reaction to the meme stock frenzy.
Latham has advised Opendoor Technologies Inc. on securities law and corporate governance matters related to its recent "meme" trading dynamics and the company's recent CEO departure. The team provided strategic guidance to navigate the complex regulatory landscape, underscoring Latham's commitment to delivering innovative legal solutions in rapidly evolving market conditions.
The Latham & Watkins LLP team is led by partners Ross McAloon, Dennis Craythorn, Holly Bauer, Haim Zaltzman, and counsel Laura Szarmach, with associate Katie Marren.