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August 27, 2026
First Financial Corp. has agreed to buy First Illinois Corp., the parent company of Hickory Point Bank and Trust, for about $111.3 million in cash and stock, expanding the Indiana-based bank's presence in central Illinois, the companies said Thursday.
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August 27, 2026
Satellite communications company Astrum Space Inc. on Thursday revealed plans to go public by merging with special purpose acquisition company Black Spade Acquisition III Co. in a deal that gives Astrum an equity value of roughly $1 billion.
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August 27, 2026
A Colorado federal judge rejected a faith-based nonprofit hospital's bid for the court to bifurcate discovery in a lawsuit brought by former employees accusing the health system of mismanaging their retirement funds, finding the requested action "would hinder judicial economy."
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August 27, 2026
Silver Lake Group LLC and Zuora Inc. founder Tien Tzuo urged the Delaware Chancery Court on Thursday to throw out a stockholder suit challenging their $1.7 billion take-private deal, arguing the sale was protected by an independent special committee and an informed stockholder vote.
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August 27, 2026
The U.S. Securities and Exchange Commission has moved one step closer to curtailing the amount of information that corporate executives must reveal about their pay, informing the White House that the agency could soon propose updated executive compensation regulations.
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August 27, 2026
Private equity giants KKR, advised by Kirkland & Ellis LLP, and Apollo, led by Paul Weiss Rifkind Wharton & Garrison LLP, on Thursday unveiled a strategic partnership to support the growth of private aviation infrastructure platform Atlantic Aviation in a deal that values the company at close to $10 billion.
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August 27, 2026
SoftBank is looking to acquire a majority stake in humanoid robotics developer 1X Technologies at a $6 billion valuation, investment bankers are shopping Warner Bros. Discovery assets around as Paramount Skydance seeks potential remedies in its effort to complete its $110 billion acquisition of the media company, and Vanguard Group is set to acquire fintech platform Altruist for around $4 billion.
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August 27, 2026
An electronics insurance company's employee retirement plan was charged more than double the market rate for administrative services and loaded with underperforming funds offered by the recordkeeper, according to a proposed class action filed in Tennessee federal court.
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August 27, 2026
Moody's said in a new report that private credit has taken on more risk and added more complexity to financing structures since traditional lenders pulled back on commercial real estate investments amid a rise in interest rates starting in 2022.
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August 27, 2026
A New York federal judge on Thursday allowed an English national to avoid prison for facilitating a $60 million tax evasion scheme, after he admitted helping wealthy clients move money from a Swiss bank through his Hong Kong financial services business.
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August 26, 2026
Federal Reserve Gov. Lisa Cook told the White House on Wednesday that President Donald Trump lacks a legally valid reason to fire her, arguing that previous mortgage fraud allegations leveled against her are untrue and would not justify removal.
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August 26, 2026
Crude oil company Enbridge, advised by Sidley Austin LLP and Sullivan & Cromwell LLP, on Wednesday unveiled plans to acquire Kirkland & Ellis LLP-led Salt Creek Midstream's oil gathering business in a $600 million deal.
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August 26, 2026
The U.S. Securities and Exchange Commission and SBB Research Group LLC told an Illinois federal judge that they've reached a settlement that would resolve the long-running litigation alleging the fund adviser misled investors about the performance of some of the funds it oversaw, and to scrap the planned September trial date.
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August 26, 2026
Top House Education and Workforce Committee Republicans urged the U.S. Department of Labor's watchdog Wednesday to expand its review of information-sharing arrangements with outside groups, asking whether three additional agencies improperly disclosed confidential investigative material during the Biden administration.
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August 26, 2026
The U.S. Securities and Exchange Commission is preparing to update regulations for investment advisers and funds holding crypto assets on their clients' behalf, sending planned amendments to its custody rules to the White House for review.
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August 26, 2026
The CEO of Power Block Coin LLC, which does business as SmartFi, asked the Pennsylvania federal court for a win in a suit alleging he refused to fulfill their "buyback guarantee" of SmartFi tokens, saying the investors cannot even show they personally bought the tokens.
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August 26, 2026
The Delaware Chancery Court on Wednesday granted investor Alessandro Possati a limited default judgment allowing him to act on behalf of an investment partnership in related Florida litigation, while declining to make broader findings that could affect his remaining fiduciary duty claims.
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August 26, 2026
The Fifth Circuit has denied Apex Clearing Corp.'s petition to revisit its settlement agreement with the U.S. Securities and Exchange Commission over the clearinghouse's purported failure to keep records of off-channel communications, finding that other firms receiving more favorable settlement terms later on was not grounds for modification.
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August 26, 2026
TWG Global, the company that owns the Los Angeles Lakers and Dodgers, on Wednesday blasted "attacks" it has faced from "unnamed sources" in the news media over federal probes into its insurance holdings, saying its affiliated transactions are legitimate and a $12.5 billion planned sale of the Lakers is "no fire sale."
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August 26, 2026
Shareholders of Apollo Global Management Inc. have launched a pair of proposed class action complaints in New York federal court accusing the asset manager of failing to secure and protect the personal information of customers from a recent data breach.
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August 26, 2026
The U.S. Department of Labor and other federal agencies on Wednesday issued guidance on employer wellness programs that permit fees on workers' health premiums for things like tobacco use, which the agencies said was in response to legal questions raised by numerous recently filed class action federal benefits lawsuits.
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August 26, 2026
An Oregon businessman who withheld employment taxes from employees' pay but did not pay the taxes to the IRS was sentenced to 42 months in prison for tax evasion and other crimes and ordered to pay nearly $1.2 million in restitution, the U.S. Department of Justice said.
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August 25, 2026
The manufacturer of the Oura Ring personal health and fitness tracking device has asked a Delaware federal court to order its ex-CEO to arbitrate claims accusing his former company and related entities of orchestrating a scheme to strip him of voting power.
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August 25, 2026
A New Hampshire federal judge has signed off on an $850,000 settlement to claims that a New England medical center network violated the Employee Retirement Income Security Act, bringing an end to a class action filed in 2022.
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August 25, 2026
The U.S. Department of Justice said Tuesday that Deloitte will pay $21.5 million to resolve allegations that its diversity, equity and inclusion policies discriminated against workers because of their race and sex and violated the False Claims Act.