Asset Management

  • March 03, 2026

    Former Iowa Biz President Convicted Of Bankruptcy Crimes

    The former president of a defunct Iowa telecommunications and infrastructure business has been convicted by a jury of concealing assets and making false statements in his personal bankruptcy proceeding, federal prosecutors announced Tuesday.

  • March 03, 2026

    Wealth Management Firm Sued Over 5.7M Record Breach

    A wealth management firm was hit with a proposed class action in Colorado federal court by a client who alleges that an extortion-driven cyberattack by the hacking group ShinyHunters exposed approximately 5.7 million individual records containing sensitive personal information.

  • March 03, 2026

    SoftBank-Backed PayPay Launches Plans For $1B IPO

    Japanese mobile payment app PayPay, a subsidiary of SoftBank Group Corp., said it anticipates a $1 billion initial public offering, represented by Simpson Thacher & Bartlett LLP and underwriters counsel Davis Polk & Wardwell LLP.

  • March 03, 2026

    Ex-Morgan Stanley Adviser Guilty Of Defrauding NBA Clients

    A Manhattan federal jury on Tuesday convicted a former Morgan Stanley investment adviser on fraud charges, for allegedly defrauding NBA player clients by overcharging them for life insurance investments and misappropriating funds.

  • March 03, 2026

    Judge Appoints Receiver For Crypto Co. Over $328M Scheme

    A Florida judge appointed a receiver Tuesday in a lawsuit against cryptocurrency company Goliath Ventures Inc. after expressing concerns about the company's assets following the arrest last week of its CEO on charges that he was operating a $328 million Ponzi scheme at Goliath.

  • March 03, 2026

    3rd Circ. Upholds Dismissal Of $800K Union Pension Suit

    A split Third Circuit panel said Tuesday it won't revive allegations that two companies owe about $800,000 to a union pension fund, ruling that a New Jersey federal judge properly tossed the claim because the fund waited eight years to tell the companies they owed the money.

  • March 03, 2026

    3 Firms Build $3.25B Sale Of MW Components, CPM

    Private equity shop American Securities on Tuesday announced that it has agreed to sell two of its portfolio companies to U.K.-based Rosebank Industries Plc in a deal that boasts an enterprise value of $3.25 billion and was built by three firms.

  • March 03, 2026

    3 Firms Steer Canadian REIT's $441M Go-Private Acquisition

    Miller Thomson LLP, Stikeman Elliott LLP and Torys LLP advised a take-private deal for European Residential Real Estate Investment Trust in a $441 million acquisition by another REIT, following a multiyear wind-down.

  • March 03, 2026

    Union Fund Drops Boston Globe Pension Dispute

    A union pension fund has dropped its lawsuit alleging that the Boston Globe failed to pay monthly contributions and provide records of the hours its employees worked, according to a filing in D.C. federal court.

  • March 03, 2026

    Kirkland-Led O2 Closes 5th Fund With $670M In Tow

    Kirkland & Ellis LLP-advised private equity shop O2 Investment Partners on Tuesday announced that it wrapped its fifth fund with $670 million in tow.

  • March 02, 2026

    FINRA Fines Goldman Subsidiary $1.3M Over Order Execution

    The Financial Industry Regulatory Authority fined Goldman Sachs subsidiary Folio Investments Inc. $1.3 million for allegedly failing to properly review order execution quality after changing the market center through which it routed a substantial amount of its customer orders.

  • March 02, 2026

    5th Circ. Presses McDermott Shareholders On Direct Claim

    A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.

  • March 02, 2026

    SEC Drops Negligence Suit Against Ex-View CFO

    The U.S. Securities and Exchange Commission agreed to dismiss with prejudice its negligence claim against a former chief financial officer of "smart" glassmaker View Inc., after the agency secured partial summary judgment on other claims in the case last year.

  • March 02, 2026

    Senate Banking Dems Call For Binance Deal Compliance Probe

    Senate Democrats on the banking committee are pressing the U.S. Department of Justice and U.S. Department of the Treasury to investigate reports that cryptocurrency exchange Binance Holdings Ltd. could be flouting the requirements of a 2023 settlement agreement. 

  • March 02, 2026

    Cadwalader Continues Restructuring Growth With UK, US Duo

    Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.

  • March 02, 2026

    Kirkland-Led Bregal Sagemount's 5th Fund Hits $3.5B Limit

    Growth-focused private equity shop Bregal Sagemount, led by Kirkland & Ellis LLP, on Monday announced it had wrapped up fundraising for its fifth fund after securing $3.5 billion in capital commitments.

  • March 02, 2026

    NextEra Inks $8M Deal In 401(k) Fee, Forfeiture Suit

    NextEra Energy will pay $8 million to end a class action from 20,000 former employees who alleged the company misspent forfeited 401(k) plan funds and allowed plan recordkeeper Fidelity to charge excessive fees, according to filings in Florida federal court.

  • March 02, 2026

    2 Firms Steer Warburg Pincus' $1B Global Eggs Investment

    Private equity giant Warburg Pincus, advised by Latham & Watkins LLP, unveiled plans Monday to invest up to $1 billion in Davis Polk & Wardwell LLP-advised egg producer and distributor Global Eggs.

  • February 27, 2026

    Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal

    Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.

  • February 27, 2026

    SEC Moves To Toss Suit Over 'Accredited Investor' Rule

    The U.S. Securities and Exchange Commission is fighting a lawsuit challenging income limits that prohibit those making less than $200,000 a year from investing in the private markets, telling a Texas federal court that lifting income requirements could actually make it more difficult for businesses to find investors.

  • February 27, 2026

    SEC Issues Final Rules For Foreign Private Issuer Reporting

    The U.S. Securities and Exchange Commission on Friday adopted final rules requiring directors and officers of foreign private issuers to begin disclosing their holdings and transactions of the issuer's securities on March 18, as mandated under a new law aimed at cracking down on foreign insider trading.

  • February 27, 2026

    PG&E Investors' $100M Wildfire Suit Deal Gets Initial OK

    California utility Pacific Gas & Electric Co., its brass, underwriters and shareholders have received initial approval of their $100 million deal settling claims the company misled investors about its safety practices ahead of deadly wildfires in the past decade.

  • February 27, 2026

    6 Arguments Sessions Benefits Attys Should Watch In March

    An ex-Wells Fargo worker will ask the Eighth Circuit to revive a suit challenging 401(k) forfeiture spending, the Trump administration will push the Ninth Circuit to greenlight its transgender health coverage policies and the Fourth Circuit will hear a severance fight from manufacturing plant workers. Here, Law360 looks at six oral argument sessions to watch out for in the coming month.

  • February 27, 2026

    Taxation With Representation: Linklaters, Wilson Sonsini

    In this week's Taxation With Representation, French electric utility Engie acquires UK Power Networks, Gilead Sciences Inc. buys clinical-stage biotechnology company Arcellx Inc., and The Brink's Co. acquires NCR Atleos in a deal that unites two major companies in the ATM business.

  • February 27, 2026

    Tricolor Noteholders Say Big Banks Ignored Auto Loan Fraud

    Securitized auto loan investors are suing JPMorgan, Barclays and Fifth Third in New York federal court, alleging the banks ignored glaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings that collapsed in bankruptcy last year.

Expert Analysis

  • Courts Keep Upping Standing Ante In ERISA Healthcare Suits

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    As Article III standing becomes increasingly important in litigation brought by employer-sponsored health plan members under the Employee Retirement Income Security Act, several recent cases suggest that courts are taking a more scrutinizing approach to the standing inquiry in both class actions and individual matters, say attorneys at Crowell & Moring.

  • How Hyperlinks Are Changing E-Discovery Responsibilities

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    A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.

  • CFPB Proposal Defining Consumer Risk May Add Uncertainty

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    Though a recent Consumer Financial Protection Bureau proposal would codify when risks to consumers justify supervisory intervention against nonbanks, furthering Trump administration plans to curtail CFPB authority, firms may still struggle to identify what could attract supervisory designation under the new rule, say attorneys at Steptoe.

  • Atkins-Led SEC Continues Focus On Private Funds

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    Since the change in administration, there has overall been a more accommodative regulatory stance toward private funds, but a recent enforcement action suggests that the U.S. Securities and Exchange Commission is not backing off from enforcement in the space completely, say attorneys at Simpson Thacher.

  • 9th Circ. Ruling Leaves SEC Gag Rule Open To Future Attacks

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    Though the Ninth Circuit's recent ruling in Powell v. U.S. Securities and Exchange Commission leaves the SEC's no-admit, no-deny rule intact, it could provide some fodder for litigants who wish to criticize the commission's activities either before or after settling with the commission, says Jonathan Richman at Brown Rudnick.

  • Series

    Writing Musicals Makes Me A Better Lawyer

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    My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.

  • Series

    Adapting To Private Practice: From Va. AUSA To Mid-Law

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    Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.

  • Rebutting Price Impact In Securities Class Actions

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    Defendants litigating securities cases historically faced long odds in defeating class certification, but that paradigm has recently begun to shift, with recent cases ushering in a more searching analysis of price impact and changing the evidence courts can consider at the class certification stage, say attorneys at Katten.

  • 7 Document Review Concepts New Attorneys Need To Know

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    For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

  • Stablecoin Committee Promotes Uniformity But May Fall Short

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    While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Parsing Trump Admin's First 6 Months Of SEC Enforcement

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    The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

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