Asset Management Law360 provides breaking legal news and analysis on the asset management industry. Coverage includes litigation, policy developments, and corporate deals involving investment firms, mutual funds, hedge funds, bond funds, pension funds, and real estate investment trusts.
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Latest News in Asset Management
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October 13, 2026
Los Angeles Dodgers owner Mark Walter and insurers owned by his holding company, Guggenheim Partners, have been hit with multiple proposed class actions alleging they sold annuities based on misrepresentations, with policyholders' premiums being siphoned into loans and financing that benefited Walter-affiliated companies.
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October 13, 2026
A South Carolina private equity fund broke its promise to three investors to redeem $2 million of their investment in cash and instead plans to put the funds into shares of a highly speculative real estate venture, according to a suit filed in Florida federal court.
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October 13, 2026
A Second Circuit panel Tuesday seemed leery of RTX Corp. investors' bid to revive allegations that the aerospace manufacturer violated securities laws by concealing an aircraft engine defect, with several judges pointing out how the complaint seemed to lack allegations that executives knew different disclosures were necessary.
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October 13, 2026
A unanimous Fifth Circuit panel affirmed a lower court's ruling in favor of Ginnie Mae in a suit Texas Capital Bank brought over the extinguishment of its lien on reverse mortgage assets, saying there is a "sound statutory basis to conclude" that Ginnie Mae has authority over the entire mortgage once an issuer defaults.
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October 13, 2026
Willkie Farr & Gallagher LLP-led Cardinal Infrastructure Group Inc. on Tuesday unveiled plans to acquire Central Florida contractor Hughes Brothers Construction Inc. in a $357.7 million deal.
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