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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June 15, 2026
U.S. Senator Elizabeth Warren is seeking information from several major private equity firms about their involvement in artificial intelligence data center development and operations, saying the increasing number of data centers across the country is putting pressure on American families and driving up utility costs.
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June 15, 2026
A former managing director at Charlotte-based PNC Bank told a North Carolina federal court that the financial services giant targeted her for reporting sex-based discrimination, and then fired her right before the vesting of hundreds of thousands of dollars in restricted stock units.
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June 15, 2026
Canadian wine company Andrew Peller Ltd. on Monday announced plans to go private after being acquired by Fairfax Financial Holdings Ltd. in a deal built by three law firms and boasts an enterprise value of CA$579 million ($414.9 million).
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June 15, 2026
Salesforce said Monday it has agreed to acquire Fin, an AI customer support agent developed by Intercom, for $3.6 billion, with Wachtell Lipton Rosen & Katz as legal adviser to Salesforce and Cooley LLP advising Intercom.
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June 15, 2026
The U.S. Supreme Court's recent decision in Sripetch v. U.S. Securities and Exchange Commission held that the SEC need not prove pecuniary harm for disgorgement, but if the commission must still identify victims and distribute funds in a compensatory way, it faces the same economic problem as before the ruling, says Erin Smith at Compass Lexecon.
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