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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November 09, 2026
The receiver for defunct trucking insurer Spirit told a Nevada jury Monday that in the days after a court took control, executives of an outside company handling Spirit's business functions inserted "extraordinary" roadblocks into the process of alerting customers that the insurer was finished.
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November 09, 2026
A Citigroup subsidiary has agreed to pay $250,000 to the Financial Industry Regulatory Authority after the company allegedly self-reported a problem in the way that employees were escalating possible instances of fraud, including those involving suspected cyberattacks.
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November 09, 2026
A former interim leader at financial technology platform Advisor360 said in a lawsuit filed in Massachusetts state court that he was promised a retroactive pay bump for stepping into what was effectively an interim CEO role last year, only to be ousted after he sought to enforce the deal.
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November 09, 2026
The Vanguard Group Inc. has been hit with a putative class action in Pennsylvania federal court alleging the investment management company did not take adequate steps to prevent the theft of 14 million customer records, including Social Security numbers, in a cyberattack that customers say has been advertised on a dark web forum.
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November 09, 2026
LS Power has agreed to acquire six natural gas-fired power generation facilities across four U.S. states from NRG Energy Inc. for $4 billion, the companies announced Monday.
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