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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September 23, 2026
The U.S. Securities and Exchange Commission announced Wednesday a limited liability company and a pension plan administrator have agreed to settle claims they targeted current and retired law enforcement officers in Florida to raise $860,000 in investments.
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September 23, 2026
A Florida judge said Wednesday he would reopen pleadings in a three-way fight over a record-breaking home run ball by baseball star Shohei Ohtani to allow the defendant — the man who walked out with the ball — to add a claim for ownership of the ball.
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September 23, 2026
Investment manager Federated Hermes Inc. must face most of a proposed class action from current and former employees over its alleged use of retirement funds to prop up its own underperforming investments, a Pennsylvania federal judge ruled Wednesday.
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September 23, 2026
Nonprofit healthcare system Virtua Health can't avoid a proposed class action alleging its 401(k) plan unlawfully offered a risky and underperforming investment option that provided excessive compensation to plan service providers, a New Jersey federal judge ruled.
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September 23, 2026
Stockman Development LLC on Wednesday revealed that it secured $482.5 million in new funding from GoldenTree Asset Management to advance its residential and resort The Stockman, Auberge Collection project in Colorado.
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