Asset Management

  • February 05, 2026

    Ex-Exec At Perot's VC Firm Says Boss Owes Him For $2B Sale

    A Dallas businessman sued billionaire Ross Perot Jr. in Texas state court on Thursday saying Perot stiffed him out of his rightful equity interest in a healthcare company that sold for $2 billion and refused to honor an explicit promise.

  • February 05, 2026

    Billionaire Lewis' Pilots Ink SEC Deals Over Insider Trading

    Two private-jet pilots for British billionaire Joseph Lewis have agreed to pay the U.S. Securities and Exchange Commission a total of more than $233,300, resolving the regulators' civil claims accusing them of trading on confidential information, according to filings in New York federal court.

  • February 05, 2026

    NYAG's Insider Trading Case A Power Grab, Judge Told

    The former CEO of healthcare contractor Emergent BioSolutions Inc. has removed to federal court New York Attorney General Letitia James' insider trading case against him, alleging James is trying to expand her office's power through claims that concern questions of federal law.

  • February 05, 2026

    Ropes, Latham Lead Bob's Discount Furniture's $331M IPO

    Bob's Discount Furniture Inc. has begun its sale of nearly 19.5 million shares of its common stock at $17 per share, an initial public offering that could raise $330.65 million, guided by Ropes & Gray LLP and Latham & Watkins LLP, according to the company.

  • February 05, 2026

    BlackRock Arm Faces Investor Suit Over Lending Losses

    A BlackRock subsidiary that finances middle-market companies is facing a proposed class action in California federal court accusing it of failing to warn investors about the ballooning number of portfolio companies struggling to pay back their loans.

  • February 05, 2026

    Crypto Lender Nexo Can't Exit Suit Over Liquidated Loans

    Crypto lender Nexo Capital Inc. must face a customer's suit accusing the firm of misleading him about fees and causing him millions of dollars in losses through forced liquidations of his crypto assets, a California magistrate judge determined, saying that several of the plaintiff's claims have been sufficiently asserted in the pleading stage.

  • February 05, 2026

    SDNY Chief Says Office Has Eye On Prediction Markets

    The Southern District of New York's top prosecutor said Thursday that his office is thinking about how the current laws apply to prediction markets, and said that he expects fraud cases to be brought against those taking advantage of those markets.

  • February 05, 2026

    Kodiak Gas Nabs Distributed Power Solutions For $675M

    Contract compression services provider Kodiak Gas Services Inc. on Thursday unveiled plans to acquire Distributed Power Solutions LLC in an equity and cash deal valued at $675 million that was built by three law firms.

  • February 05, 2026

    KKR Buying Pro Sports Investor Arctos In $1.4B Deal

    KKR & Co. Inc. said Thursday it has agreed to acquire Arctos Partners in a transaction valued at $1.4 billion in initial consideration, in a deal that will give the private equity firm a $15 billion sports-investing platform.

  • February 05, 2026

    Cooley Adds Ex-Kirkland Corporate Real Estate Leader In NY

    Cooley LLP announced it has hired the former leader of Kirkland & Ellis LLP's corporate real estate team.

  • February 05, 2026

    4 Firms Build Genius Sports' $1.2B Legend Acquisition

    Sports data, technology and broadcast partner Genius Sports Ltd. unveiled plans Thursday to acquire digital sports and gaming network Legend in a $1.2 billion deal that was built by four law firms.

  • February 05, 2026

    Weil, Latham Advise Data Center Parts Builder's $1.5B IPO

    Minnesota-based data center and industrial parts builder Forgent Power Solutions raised $1.5 billion after it began trading Thursday, with advice from Weil Gotshal & Manges LLP and Latham & Watkins LLP.

  • February 05, 2026

    2nd Circ. Won't Kick Luxottica Pension Fight To Arbitration

    The Second Circuit backed a lower court's refusal to compel individual arbitration of a former Luxottica worker's proposed class action alleging pension underpayments, ruling Thursday that she had standing to sue for plan reformation but couldn't seek monetary payments on the plan's behalf.

  • February 04, 2026

    NBA Star Tells Of Fury Over Ex-Morgan Stanley Pal's Fraud

    A former Houston Rockets player on Wednesday testified that he and his former Morgan Stanley investment adviser were the best of friends before he learned of what prosecutors say was a scheme to bilk NBA clients for millions of dollars, and taunted his former financial guru in anger after learning of his arrest.

  • February 04, 2026

    Split NC Panel Rules Adviser Can't Arbitrate Fee Fight

    An investment adviser who was fired can't arbitrate a fee fight with the company he hired to scrub his termination from public databases, a split North Carolina appeals court ruled Wednesday, finding the arbitration clause in his contract doesn't cover the company's claim for nonpayment.

  • February 04, 2026

    Loeb & Loeb To Guide SPAC's Merger With Packaging Co.

    Loeb & Loeb LLP is advising a special purpose acquisition company on its proposed combination with Taiwan-based packaging solutions company Deluxe Technology Group, according to an announcement on Wednesday.

  • February 04, 2026

    DiCello Levitt Taps SEC Vets For Whistleblower Practice

    DiCello Levitt has acquired a boutique practice that represents U.S. Securities and Exchange Commission whistleblowers, bringing on a pair of former SEC attorneys whose clients have helped the government secure more than $2 billion in monetary sanctions, according to the firm.

  • February 04, 2026

    Clemency Was 'Broken' Long Before Trump. Can It Be Fixed?

    President Donald Trump has transformed what has historically been a bureaucratic process for seeking federal pardons and commutations into a more freewheeling affair with few clear rules — and no easy solutions for reform, experts say.

  • February 04, 2026

    Stem-Cell Drug Developer PrimeGen Inks $1.5B SPAC Merger

    Regenerative medicine developer PrimeGen US said Wednesday it has agreed to go public through a merger with blank check company DT Cloud Star Acquisition Corp., in a deal that values the company at about $1.5 billion.

  • February 04, 2026

    Fintech Broker Clear Street Targets $1B IPO

    Cloud-based financial services provider Clear Street Group Inc. said Wednesday it anticipates a $1 billion initial public offering, represented by Davis Polk & Wardwell LLP and underwriters counsel Cooley LLP.

  • February 04, 2026

    5 Takeaways From 5th Circ.'s Limited Partner Tax Decision

    The Fifth Circuit has issued a long-awaited opinion holding that partners with limited liability under state law qualify for an exclusion from the self-employment tax, and the decision offers five notable takeaways that experts said may shed light on the potential fate of partnership taxation and compliance.

  • February 04, 2026

    Aerospace Workers Ask 4th Circ. To Revive 401(k) Fund Suit

    Workers who alleged RTX Corp. illegally used forfeited retirement funds to pay the company's 401(k) contribution have asked the Fourth Circuit to revive their case after a Virginia federal judge ruled they had failed to state a claim.

  • February 03, 2026

    Voya Concedes To Certification Of 401(k) ERISA Class

    Voya Financial Inc. will not fight the certification of a class of around 11,400 workers who claim they were shortchanged when the company loaded up its 401(k) offering with its own branded investments, which allegedly underperformed.

  • February 03, 2026

    Wachtell Lipton, Davis Polk Steer $12B Santander Deal

    Wachtell Lipton Rosen & Katz and Davis Polk & Wardwell LLP are guiding Banco Santander SA's $12.3 billion cash-and-stock acquisition of Webster Financial Corp., according to an announcement made Tuesday.

  • February 03, 2026

    SEC Tosses Biden-Era Case Against Wyoming Crypto Co.

    The U.S. Securities and Exchange Commission has walked away from an attempt to block the issuance of a pair of digital tokens offered by a Wyoming-based company, saying that changes in federal policy toward the cryptocurrency industry necessitated an end to the administrative proceedings.

Expert Analysis

  • OFAC Sanctions Will Intensify Amid Global Tensions In 2026

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    The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.

  • Wis. Sanctions Order May Shake Up Securities Class Actions

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    A Wisconsin federal court’s recent decision to impose sanctions on a plaintiffs law firm for filing a frivolous Private Securities Litigation Reform Act complaint in Toft v. Harbor Diversified may cause both plaintiffs and defendants law firms to reconsider certain customary practices in securities class actions, says Jonathan Richman at Brown Rudnick.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • Where States Jumped In When SEC Stepped Back In 2025

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    The state regulators that picked up the slack when the U.S. Securities and Exchange Commission scaled back enforcement last year should not be underestimated as they continue to aggressively police areas where the SEC has lost interest and probe industries where SEC leadership has actively declined to intervene, say attorneys at Morgan Lewis.

  • SEC Virtu Deal Previews Risks Of Nonpublic Info In AI Models

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    The U.S. Securities and Exchange Commission’s recent settlement with Virtu Financial Inc. over alleged failures to safeguard customer data raises broader questions about how traditional enforcement frameworks may apply when material nonpublic information is embedded into artificial intelligence trading systems, says Braeden Anderson at Gesmer Updegrove.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • ERISA Litigation Trends To Watch With 2025 In The Rearview

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    There were significant developments in Employee Retirement Income Security Act litigation in 2025, including plaintiffs pushing the bounds of sponsor and fiduciary liability and defendants scoring district court wins, and although the types of claims might change, ERISA litigation will likely be just as active in 2026, say attorneys at Groom Law.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • How Bank M&A Prospects Brightened In 2025

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    Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.

  • 3 Securities Litigation Trends To Watch In 2026

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    Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • 2025 Calif. Banking Oversight Centered On Consumer Issues

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    The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

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