Asset Management

  • March 20, 2026

    Realty Income, Apollo Target Single-Tenant Retail In $1B JV

    Under a joint venture, private equity firm Apollo Global Management has agreed to invest $1 billion with real estate investment trust Realty Income Corp. to acquire a portfolio of single-tenant retail properties subject to long-term leases.

  • March 19, 2026

    Oil Company Sues X Critic Over Assets Amid Investor Suit

    Oil and gas asset company Next Bridge Hydrocarbons Inc. claims that an X commenter has falsely accused the company of misleading investors about the value of its assets, in a dispute that comes as investors are appealing the dismissal of claims against the Texas company about misrepresentation of assets.

  • March 19, 2026

    SEC Sued Over Proxy Exclusion Policy Change

    The U.S. Securities and Exchange Commission violated the Administrative Procedure Act by implementing "a new, de facto rubber-stamp process" for companies to exclude shareholder proposals from their annual proxy ballots, according to a Thursday suit filed by major shareholder groups.

  • March 19, 2026

    Fed. Circ. Rejects Last Challenge To Squires' Discretion

    The Federal Circuit on Thursday shot down Volkswagen's mandamus petition claiming that the U.S. Patent and Trademark Office director shouldn't have "unfettered discretion" to deny Patent Trial and Appeal Board challenges, closing the last of 14 related appeals.

  • March 19, 2026

    SEC Looks To Beef Up Rulemaking Staff For Reg S-K Reforms

    The U.S. Securities and Exchange Commission is in the process of hiring additional staff to review the corporate disclosure process as it considers taking a bite out of the amount of information publicly traded companies have to disclose in their annual financial reports and ending quarterly reporting requirements, officials said Thursday.

  • March 19, 2026

    Del. High Court Revives Banker's Pay Claims Against Firm

    The Delaware Supreme Court has revived key claims brought by a former investment firm banker, ruling that a lower court went too far in blocking his case based on earlier findings that he was not a partner at the firm.

  • March 19, 2026

    Tulane Panel Flags Growing Political Influence On Dealmaking

    At the annual Tulane Corporate Law Institute on Thursday, panelists warned that politics is increasingly shaping dealmaking and complicating how transactions are negotiated and executed, with one likening the discussion to a "hostage" situation.

  • March 19, 2026

    Two Harbors REIT Fields Buyout Offer To Rival UWM Bid

    Two Harbors Investment Corp., a real estate investment trust focused on mortgage servicing rights, said Thursday it received a new acquisition proposal from an unnamed bidder, after reaching a deal in December to be bought by mortgage lender UWM Holdings Corp. for $1.3 billion.

  • March 19, 2026

    Financial Firms Must Face Suit Over Adviser's Thefts

    A group of investors whose funds were stolen by a now-jailed financial adviser will get another chance to convince a judge the investment firms he worked for should be held civilly liable, a Massachusetts intermediate appellate court ruled Thursday.

  • March 19, 2026

    Prologis, GIC Ink $1.6B Build-To-Suit Logistics JV

    Logistics real estate leader Prologis and investor GIC announced that they have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets.

  • March 19, 2026

    Ex-Workers Ask 11th Circ. To Overturn ERISA Exhaustion Rule

    Former workers for a seafood company urged the full Eleventh Circuit to overturn precedent that led a three-judge panel to uphold dismissal of their suit alleging mismanagement of an employee stock ownership plan, arguing the court's strictest-in-the-nation standard on exhausting administrative remedies didn't align with federal benefits law.

  • March 19, 2026

    Feds' Capital Rule Overhaul Would Give Break To Banks

    Federal regulators moved Thursday to launch a comprehensive overhaul of U.S. bank capital rules, rolling out a long-awaited package of proposed changes that are expected to shave billions off the aggregate amount of capital required for banks of all size ranges.

  • March 18, 2026

    LA Driver Used $2M COVID Loan For Crypto, DOJ Says

    A Los Angeles man who allegedly took $2 million from federal COVID-19-related relief programs and used the money to fund cryptocurrency trading now faces money laundering, wire fraud and bank fraud charges, according to a Department of Justice announcement issued Wednesday.

  • March 18, 2026

    FINRA Says Compliance Chief Took Part In Pre-IPO Fraud

    The Financial Industry Regulatory Authority has alleged in a disciplinary proceeding that Spartan Capital Securities LLC, its CEO and chief compliance officer defrauded customers by liquidating their own pre-initial public offering shares of a pharmaceutical company more quickly and at a higher price than their customers.

  • March 18, 2026

    BofA Faces Suit Over Alleged $328M Crypto Ponzi Scheme

    Bank of America NA is the latest financial institution to face claims it aided and abetted a $328 million Ponzi scheme allegedly operated by the now-criminally charged CEO of cryptocurrency investment firm Goliath Ventures.

  • March 18, 2026

    DOL Tweaks ERISA Regs After Fiduciary Rule Lawsuits End

    The U.S. Department of Labor's employee benefits arm on Wednesday published technical amendments to its fiduciary investment advice regulations, to better reflect current policy following the conclusion of two lawsuits challenging a 2024 rule that would have expanded the definition of an investment advice fiduciary under federal benefits law.

  • March 18, 2026

    Elliott Discloses 'Significant' Stake In Japanese Shipper Mitsui

    Activist hedge fund Elliott Investment Management LP has disclosed that funds it advises have built a "significant" investment in Japanese shipping company Mitsui O.S.K. Lines Ltd.

  • March 18, 2026

    Security Biz Xbow Valued At $1B Following $120M Fundraise

    Offensive security company Xbow on Wednesday revealed that it reached a $1 billion valuation after closing a $120 million Series C funding round.

  • March 18, 2026

    8th Circ. Seems Skeptical About Nix Of Wells Fargo 401(k) Suit

    The Eighth Circuit appeared skeptical Wednesday of the reasoning behind a lower court's decision to toss a proposed class action alleging Wells Fargo's 401(k) forfeiture spending violated federal benefits law, but still expressed doubts about the case's viability.

  • March 17, 2026

    SEC Won't Reconsider Upholding Ex-Broker's FINRA Fines

    The U.S. Securities and Exchange Commission won't revisit its earlier holding partially sustaining certain Financial Industry Regulatory Authority findings and sanctions against a former stockbroker who's challenged the constitutionality of the self-regulatory organization, stating that the stockbroker's reconsideration bid hadn't asserted the regulator erred in its earlier decision.

  • March 17, 2026

    SIFMA, Other Orgs Weigh In On SEC's 'Small Entity' Proposal

    The Securities Industry and Financial Markets Association is urging the U.S. Securities and Exchange Commission to increase its oversight of investment advisers should it move forward with a plan to categorize more mutual funds and advisers as small entities, saying the current playing field disadvantages broker-dealers.

  • March 17, 2026

    OFAC Fines Broker $1.1M Over Apparent Sanctions Violations

    The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday announced that Florida brokerage TradeStation Securities Inc. has agreed to pay more than $1.1 million to settle potential civil liability for violating the regulator's sanctions programs for Iran, Syria and Crimea.

  • March 17, 2026

    BlackRock Must Face Ex-VP's Whistleblower Retaliation Suit

    BlackRock Inc. must face a suit in New York state court by a former vice president who alleges he faced retaliation and wrongful termination after raising concerns about self-dealing, corruption and conflicts of interest, with a state judge partially rejecting the asset manager's bid to dismiss the case.

  • March 17, 2026

    Ex-Edward Jones Adviser Cops To Embezzlement Of $9.5M

    A former Georgia-based Edward Jones investment adviser admitted Tuesday to embezzling an elderly client out of about $9.5 million through his control of the client's brokerage accounts and the estate of his relative.

  • March 17, 2026

    JPMorgan Says Arbitration Pact Stands Despite Atty's Gaffe

    JPMorgan Chase urged a Manhattan federal court Monday to send a former employee's race discrimination and pay bias claims to arbitration, arguing that an in-house lawyer's mistaken assurance prior to litigation that she wasn't bound by an arbitration agreement doesn't amount to a waiver of the right to enforce it.

Expert Analysis

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • How Cos. Can Prep For Tightened Calif. Data Breach Notices

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    Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • TikTok Divestiture Deal Revolves Around IP Considerations

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    The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.

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