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 27, 2026
The IRS asked the First Circuit to dismiss unlawful property seizure and due process claims against former IRS Criminal Investigation officers in a dispute related to a shuttered online bank suspected of facilitating tax evasion and money laundering, saying the bank's former owner failed to establish plausible allegations.
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October 27, 2026
An ex-worker hit M&T Bank with a proposed class action in New Jersey federal court, alleging that an underperforming investment fund in the bank's employee 401(k) plan cost workers tens of millions in future savings, breaching fiduciary duties under federal benefits law.
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October 27, 2026
Paul Weiss Rifkind Wharton & Garrison LLP-advised Canadian communications company BCE Inc. on Tuesday announced that its subsidiary Bell Canada has entered into an agreement with investment firm La Caisse to form a new wireless tower infrastructure company, with La Caisse acquiring a 49.9% stake in the new business for CA$2.45 billion ($1.74 billion).
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October 27, 2026
Amazon.com is asking a Washington federal judge to throw out a suit alleging that it misleads consumers about the sustainability of seafood products sold on the platform, saying the plaintiffs cannot base their suit on a "net impression" of claims Amazon never made.
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October 27, 2026
California workers can pursue representative claims under the state's Private Attorneys General Act without bringing individual claims, even after the law's 2024 amendments, a California appeals court ruled, rejecting an agricultural equipment company's bid to force a former employee into arbitration.
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