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 05, 2026
The IRS wrongly asserted a roughly $10.6 million income tax underpayment and $4.3 million in penalties against an Alabama partnership, the company told the U.S. Tax Court, disputing the agency's determination that it failed to show it's entitled to a $28.8 million charitable contribution claimed for a conservation easement donation.
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November 05, 2026
A New York federal judge gave his blessing Thursday to a $12.9 million deal Anthem struck to resolve a suit claiming the insurance company violated federal benefits law by denying coverage for residential behavioral health treatment it deemed medically unnecessary.
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November 05, 2026
Wendy's said Thursday that an independent committee of its board unanimously rejected a $1.4 billion Trian Fund Management-led buyout offer that was made public last week, adopting a shareholder rights plan to deter the group from acquiring additional shares without board approval.
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November 05, 2026
Oracle has called off a $7 billion microchip leasing deal with China's Tencent, a tungsten mining company affiliated with President Donald Trump's sons is planning to go public at a $2 billion valuation, and Clayton Dubilier & Rice is exploring purchase of the $40 billion payments processor Global Payments.
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November 04, 2026
Nationwide Mutual Insurance Co. has agreed to pay an 83,000-member class $12.9 million to end claims the company mismanaged an employee 401(k) plan, ending six years of litigation less than two weeks before trial.
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