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 28, 2026
A private equity firm and a financial services business have been hit with civil racketeering claims by the holders of a combined $5 million in PHL Variable Insurance Co. policies, but whose benefits were capped at just $300,000 during a Connecticut state-managed rehabilitation effort.
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September 28, 2026
A Massachusetts federal judge on Monday has released AT&T from a proposed class action filed by retirees who claim the telecom company breached fiduciary duties through its $8 billion pension risk transfer, but opened discovery on allegations that AT&T's independent fiduciary, State Street, violated federal benefits law with the deal.
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September 28, 2026
An insurer for a San Francisco pharmaceutical company told a California federal court it owes no duty to defend the company in a suit from a creditor and shareholder alleging directors and officers mismanaged the company to protect their equity, saying a creditors exclusion bars coverage.
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September 28, 2026
Aerospace and defense company Astro Digital US, advised by Broadfield LLP, on Monday announced plans to go public by merging with Loeb & Loeb LLP-led special purpose acquisition company Proem Acquisition Corp I in a deal that values it at a pro forma post-money enterprise value of roughly $587 million.
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September 28, 2026
Brixmor Property Group and private investment firm Everview Partners have agreed to acquire Canadian-listed Slate Grocery REIT in a transaction valued at about $2.34 billion, the companies said Monday, with at least seven law firms advising on the deal.
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