Asset Management

  • 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.

  • March 17, 2026

    BlackRock, State Street Want GOP States' ESG Suit Pared

    BlackRock and State Street have asked a Texas federal judge to significantly winnow antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that claims based on electricity buyers are too far removed from coal.

  • March 17, 2026

    House Panel Advances Bill Aimed At Curbing ERISA Litigation

    A GOP-led panel in the U.S. House of Representatives on Tuesday advanced legislation that would raise the pleading standards for proposed class action federal benefits lawsuits and delay the start of discovery in those disputes, with Democrats on the committee voting to oppose the legislation. 

  • March 17, 2026

    Mich. Judge Denies SEC Win On Crowdfund Fraud, Urges Deal

    A Michigan federal judge Tuesday shot down the U.S. Securities and Exchange Commission's bid for summary judgment against a man the agency accused of orchestrating a $2 million cannabis crowdfunding fraud, finding the case might be better suited for settlement talks.

  • March 17, 2026

    Gradient Wraps $220M AI-Focused Venture Fund

    San Francisco-based venture capital firm Gradient on Tuesday announced that it wrapped its latest flagship seed fund after securing $220 million in investor commitments.

  • March 17, 2026

    Duke Beats 401(k) Suit Over Use Of Forfeited Funds

    A North Carolina federal judge tossed a worker's suit claiming Duke University illegally used forfeited cash in its retirement plan to pay for future contributions rather than plan fees, finding the university's actions were allowed under the plan's terms.

  • March 17, 2026

    Sands Capital Wraps $1.1B Global Innovation Fund

    Private equity shop Sands Capital revealed on Tuesday that it closed its third innovation fund after securing $1.1 billion of investor commitments.

  • March 16, 2026

    PBGC Keen On Dishing Out Opinion Letters, Director Says

    The Pension Benefit Guaranty Corp. has revamped its website to encourage attorneys to seek opinion letters about how the Employee Retirement Income Security Act applies to specific scenarios. PBGC Director Janet Dhillon spoke to Law360 about that effort, the PBGC's latest financial report to Congress and her goals for the agency.

  • March 16, 2026

    Boeing Investors Secure Class Cert. In 737 Max Fraud Suit

    An Illinois federal judge on Monday granted class certification to investors who allege Boeing harmed them by misrepresenting the safety of its 737 Max aircraft, finding that the investors established a common method for measuring damages that could apply class-wide.

  • March 16, 2026

    6th Circ. Revives FedEx, Kellogg Mortality Table Suits

    The Sixth Circuit on Monday revived suits against Kellogg and FedEx from retirees who alleged their former employers' outdated actuarial assumptions shortchanged their joint-and-survivor pension benefits, holding federal benefits law required employers to use reasonably up-to-date mortality tables when converting from a single-life annuity form.

  • March 16, 2026

    BofA Reaches Deal In Epstein Enabling Class Action

    Bank of America has reached a settlement in principle with a plaintiff who accused it in a proposed class action of facilitating Jeffrey Epstein's sex crimes, according to a Monday court filing.

  • March 16, 2026

    WisdomTree Snags Atlantic House In $200M Deal

    Financial services company WisdomTree Inc. on Monday announced plans to acquire London-based Atlantic House Holdings Ltd., in a deal worth roughly $200 million that was built by three law firms.

  • March 16, 2026

    Colorado Pushes For Early Win In Fight Over Sick Leave Law

    An airline trade group advanced only speculative arguments in its efforts to beat Colorado's bid for a pretrial win in the group's suit challenging Colorado's sick leave law, the state told a federal judge.

  • March 16, 2026

    Perpetual Selling Wealth Unit To Bain Capital For Up To $424M

    Perpetual Ltd. said Monday it has agreed to sell its wealth management business to private equity firm Bain Capital for up to 600 Australian dollars (about $424 million), with King & Wood Mallesons advising the Australian financial services firm.

  • March 16, 2026

    4 Firms Guide Crypto Firm Abra's $750M SPAC Merger

    Cryptocurrency platform Abra said Monday that it will go public through a merger with a special purpose acquisition company in a deal advised by four firms that's based on a $750 million valuation for Abra.

  • March 16, 2026

    SEC Enforcement Head Resigns After 7 Months

    The U.S. Securities and Exchange Commission announced Monday that its enforcement director, Margaret "Meg" Ryan, has resigned from the agency after nearly seven months on the job.

  • March 16, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket last week featured disputes including an $83.75 million settlement tied to a renewable energy merger, fraud claims in a fertilizer company acquisition and a developer's fight for control of a major Philadelphia redevelopment project.

  • March 16, 2026

    Orion Wraps 4th Metals-Focused Fund With $2.2B In Tow

    Investment firm Orion Resource Partners LP on Monday revealed that it clinched its fourth fund with $2.2 billion, which will be used to invest across a portfolio of metals and minerals projects.

  • March 16, 2026

    Public Storage Inks $10.5B Deal To Create Industry Giant

    Public Storage Inc. said Monday it has agreed to acquire National Storage Affiliates Trust at an enterprise value of about $10.5 billion, with three law firms advising the REITs as they seek to create one of the largest self-storage platforms in the U.S.

  • March 16, 2026

    Triton Clinches €5.5B For 6th Fund In Largest Raise To Date

    European middle-market private equity shop Triton Partners, led by Simpson Thacher & Bartlett LLP, on Monday revealed that it closed its sixth flagship mid-market fund with €5.5 billion ($6.3 billion) in tow, marking the firm's largest fundraise to date.

  • March 16, 2026

    Senior Housing REIT Janus Living Seeks $703M From IPO

    Senior housing-focused real estate investment trust Janus Living said Monday that it is seeking about $700 million in an initial public offering this week, advised by Latham & Watkins LLP and Sidley Austin LLP, that follows a carveout this year.

Expert Analysis

  • What Applicants Can Expect From Calif. Crypto License Law

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    With the July effective date for California's Digital Financial Assets Law fast approaching, now is a critical time for companies to prepare for licensure, application and coverage compliance ahead of this significant regulatory milestone that will reshape how digital asset businesses operate in California, say attorneys at MoFo.

  • Malpractice Claim Assignability Continues To Divide Courts

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    Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.

  • How Latest Nasdaq Proposals Stand To Raise Listings Quality

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    Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.

  • Weathering FINRA's Scrutiny Of Foreign Small-Cap Issuers

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    To prepare for the Financial Industry Regulatory Authority's recently announced targeted examinations, broker-dealers and firms that assist with IPOs abroad should consult years of FINRA guidance on managing the money-laundering and fraud risks inherent to foreign small-capitalization offerings, say Michael Watling and Elika Mohebbi at Seward & Kissel.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.

  • Series

    Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • How Specificity, Self-Dealing Are Shaping ERISA Litigation

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    Several recent cases, including the U.S. Supreme Court's forthcoming ruling in Anderson v. Intel, illustrate the competing forces shaping excessive fee litigation, with plaintiffs seeking flexibility, courts demanding specificity, fiduciaries facing increased scrutiny for conflicts of interest, and self-dealing amplifying exposure, says James Beall at Willig Williams.

  • How Selig May Approach CFTC Agricultural Enforcement

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    As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.

  • 5th Circ. Ruling Clarifies Tax Rules For Limited Partners

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    The Fifth Circuit’s Jan. 16 decision in Sirius Solutions v. Commissioner provides greater tax planning certainty by adopting a bright-line test for determining when partners in limited liability companies are exempt from self-employment tax, say attorneys at K&L Gates.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • What To Expect From Justices' 401(k) Ruling, DOL Rulemaking

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    The U.S. Supreme Court's upcoming ruling in Anderson v. Intel, addressing alternative assets in defined contribution plans, coupled with the U.S. Department of Labor's recently proposed regulation on fiduciary duties in selecting alternative investments, could alleviate the litigation risk that has impeded wider consideration of such investments, say attorneys at Ropes & Gray.

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