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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August 31, 2026
The manager of a Colorado-based investment fund accused mortgage lender Cherry Creek in state court of executing an "invalid" hidden subordination agreement that allowed the lender to delay its interest payments on a $10 million promissory note.
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August 31, 2026
Robert W. Baird & Co. Inc. claimed in Colorado state court that a competing financial services firm is using false and misleading statements about its independence to lure away Baird advisers and clients, according to the company's complaint.
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August 31, 2026
A Florida magistrate judge said Monday bondholder plaintiffs have standing to pursue racketeering claims in a suit accusing Citigroup of running a massive cash advance fraud scheme, finding that although the "operative locus" of the fraud was in Mexico, a large part of Citigroup's alleged conduct occurred in the United States.
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August 31, 2026
A Massachusetts federal judge said Monday that AT&T should be cut loose from a suit brought by retirees who claimed the company brokered a risky $8 billion pension annuity deal, adding that the investment manager that chose the annuity provider can't fully avoid the suit.
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August 31, 2026
A California federal judge has ruled that a $1.7 billion claim by the parent of the failed Silicon Valley Bank against the Federal Deposit Insurance Corp. is more than offset by the more than $5 billion the parent's reckless investment strategy cost the bank.
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