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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July 23, 2026
The Tenth Circuit refused to alter a cryptocurrency investment firm co-founder's five-year prison sentence and obligation to pay over $174,000 in restitution to victims of a fraud scheme he orchestrated, writing the district court's sentencing and loss amount estimation was reasonable.
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July 23, 2026
Health wellness company First Choice Healthcare Solutions announced that it has agreed to go public through a merger with special purpose acquisition company Western Acquisition Corp. in a $650 million deal built by three law firms.
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July 23, 2026
The Delaware Chancery Court ruled Thursday that Destiny XYZ Inc.'s controlling founder carried out an unfair scheme to squeeze his co-founder out of the company, restoring the minority founder's ownership stake and finding that the controller and two directors breached their fiduciary duties through a reverse-forward stock split designed to eliminate him.
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July 23, 2026
Kirkland & Ellis LLP-advised Francisco Partners on Thursday revealed that it raised $21 billion across its two latest funds, marking the largest fundraise in the firm's history.
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July 23, 2026
A Colorado federal judge on Thursday refused to hand Dish Network an early win in a proposed class action alleging 401(k) target-date funds underperformed, concluding the case should head to trial on disputes between the parties about whether the satellite provider breached fiduciary duties under federal benefits law.
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