Asset Management

  • March 13, 2026

    SEC Denies SAC Capital Tipster's Bid To Cancel Industry Bans

    The U.S. Securities and Exchange Commission on Friday denied a bid to modify prohibitions leveled against a former technology industry analyst who pleaded guilty in an insider-trading case involving SAC Capital Advisors LP and later had his charges dismissed.

  • March 13, 2026

    C3.ai Investor Suit Over IPO Claims Gets Final Trim

    Investors in artificial intelligence company C3.ai were told by a California federal judge that they can proceed with a slimmed-down version of their suit accusing the company and its executives of touting a worthless partnership with oil company Baker Hughes, but that they have no more chances to update it.

  • March 13, 2026

    4th Circ. Genworth Ruling Raises Bar For ERISA Class Actions

    A recent Fourth Circuit decision in a suit challenging Genworth Financial Inc.'s inclusion of target-date fund investments as employee retirement plan options will make it tougher to certify similar class actions and could have a ripple effect in a broader range of cases, experts told Law360.

  • March 13, 2026

    Voyager Acquisition's 2nd SPAC Seeks To Raise $220M

    Special purpose acquisition company Voyager Acquisition II on Friday filed plans with U.S. regulators to raise up to $220 million in an initial public offering, with the goal of merging with an entity in the technology, fintech or healthcare sectors.

  • March 13, 2026

    CSX Can't Get Quick Appeal In Fired Worker's FMLA Suit

    CSX can't immediately ask the Eleventh Circuit to take up a former employee's lawsuit claiming he was unlawfully fired for taking medical leave, a Florida federal judge ruled, saying the district court's conclusion that the worker hadn't waited too long to file suit wasn't eligible for a mid-case appeal.

  • March 13, 2026

    Hong Kong Seeks Easier Listing Rules To Spur IPOs

    The Hong Kong Stock Exchange on Friday proposed an array of new initial public offering rules in order to attract more listings, including lowering thresholds for companies that have a dual-class structure.

  • March 13, 2026

    Taxation With Representation: Paul Hastings, Duane Morris

    In this week's Taxation With Representation, uniform maker Cintas Corp. acquires workwear company UniFirst Corp., Controlled Thermal Resources Holdings Inc. plans to go public by merging with a special purpose acquisition company, and a Shell USA Inc. subsidiary sells Jiffy Lube International Inc. to Monomoy Capital Partners.

  • March 12, 2026

    Fed's Bowman Previews Plan To Rewrite Bank Capital Rules

    Federal Reserve Vice Chair for Supervision Michelle Bowman said Thursday that federal regulators will move next week to propose a sweeping overhaul of U.S. bank capital rules, previewing changes that are expected to result in a "modest" net easing for larger banks.

  • March 12, 2026

    NJ AG Fines Firm $375K For Lax Fraud Prevention Procedures

    Broker-dealer Network 1 Financial Securities Inc. will pay nearly $400,000 to settle claims from the New Jersey attorney general that its procedures related to anti-money laundering, customer identity verification and market abuse prevention were ineffectively established and performed.

  • March 12, 2026

    Feds Rip 'Incoherent' SBF Claim Of Political Weaponization

    Federal prosecutors fired back at convicted FTX founder Sam Bankman-Fried's pro se bid for a new trial as a "transparent attempt" to further allegedly false narratives that his collapsed crypto exchange was solvent, and he was a victim of political retribution.

  • March 12, 2026

    Democrats Vow To Oversee DOJ's Reported Binance Inquiry

    Three Democratic U.S. senators said Thursday that they will oversee a reported investigation by the U.S. Department of Justice into potential Iran sanctions violations carried out on the cryptocurrency exchange Binance.

  • March 12, 2026

    Steep Senate Majority Passes Landmark Housing Bill

    The U.S. Senate has passed landmark legislation aimed at boosting housing supply and cutting housing costs across the country, with steep bipartisan support despite concerns over a provision that stakeholders claim could undermine the "build-to-rent" sector.

  • March 12, 2026

    Icahn Outbid By $7B Caesars Offer, And Other Rumors

    Billionaire Tilman Fertitta is in exclusive negotiations to buy Caesars Entertainment for roughly $7 billion, superseding a competing all-cash offer from Carl Icahn's Icahn Enterprises, and Papa John's received a bid from Qatari-backed investment firm Irth Capital Management that could value the pizza chain at $1.5 billion. 

  • March 12, 2026

    Investors Sue Florida Trading 'Savant' Over Ponzi-Style Fraud

    Investors sued a self-styled foreign exchange trading "savant" claiming he solicited millions from friends and relatives that were meant to be pooled into legitimate investments but were instead funneled into a Ponzi scheme.

  • March 12, 2026

    Chancery Dissolves Litigation Funder Amid Partner Deadlock

    A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.

  • March 12, 2026

    United Airlines Agrees To Pay $27.5M To End ERISA Suit

    United Airlines has agreed to shell out $27.5 million to end a proposed class action alleging it locked retired employees out of a generous COVID-era retirement package, a deal that would moot retirees' pending appeal to the Seventh Circuit, according to a filing in Illinois federal court.

  • March 12, 2026

    TV Network Founder, IRS Seek Settlement In $18M Tax Case

    The owner of a broadcasting company whose deal to sell $75 million in assets fell through is headed to settlement negotiations with the federal government over $18 million in taxes related to his father's estate, according to Michigan federal court filings.

  • March 12, 2026

    SoftBank-Backed PayPay Downshifts To $880M IPO

    SoftBank Group Corp.-backed Japanese mobile payment service PayPay Corp. began trading on the Nasdaq on Thursday at $16 a share, below the range it had announced in early March as the war in Iran roils the market.

  • March 11, 2026

    Justices Shouldn't Touch $15.6M Pension Ruling, Fund Says

    The U.S. Supreme Court shouldn't disturb the Eleventh Circuit's finding that a wholesale bakery company owes a union pension fund up to $15.6 million, the fund said, asking the justices not to accept a writ of certiorari petition from the company.

  • March 11, 2026

    PNC Bank, Coin Dealer Sued Over $400K Elder Fraud Loss

    PNC Bank and New Jersey-based precious metals dealer American Coin & Stamp Co. Inc. have been hit with a retiree's complaint accusing them of ignoring red flags in an elder financial exploitation scheme, which involved the plaintiff handing over nearly $400,000 in gold coins directly to scammers.

  • March 11, 2026

    Tether, Bitfinex Appeal Class Cert. In Bitcoin Rigging Suit

    Digital asset companies Tether and Bitfinex have petitioned the Second Circuit to review a New York federal judge's recent decision granting class certification to two classes of investors in a suit accusing the companies of rigging the cryptocurrency market and costing investors hundreds of billions of dollars.

  • March 11, 2026

    Level Equity raises $293.5M For Its Software-Focused Fund

    Middle-market private equity shop Level Equity Management LLC on Wednesday revealed that it closed its third fund above target after securing $293.5 million in total capital commitments.

  • March 11, 2026

    3M Dodges Workers' Suit Over Retirement Fund Roster

    3M escaped a proposed class action claiming it failed to remove underperforming investment options from its $12 billion employee retirement plans, with a Minnesota federal judge saying workers needed to do more to show that better-performing funds were comparable.

  • March 11, 2026

    Ara Energy Buying US, European Fuel Assets For $875M

    Ara Energy, a newly formed energy unit of global private markets firm Ara Partners, said Wednesday it has agreed to buy a portfolio of U.S. power and biofuels assets and a stake in a European fuel retail network in a deal valued at about $875 million.

  • March 10, 2026

    Texas Crypto Exec Seeks To Vacate $141M Wyoming Judgment

    A cryptocurrency executive is asking the Texas Business Court to vacate a $141 million Wyoming state court default judgment tied to an investment deal that is part of separate litigation from the U.S. Securities and Exchange Commission, according to a notice of removal.

Expert Analysis

  • Series

    Traveling Solo Makes Me A Better Lawyer

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    Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.

  • Series

    Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • How Occasional Activists Have Reshaped Proxy Fights

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    The sophistication and breadth of first-time activist engagement continue to shape corporate governance and strategic outcomes, as evidenced across corporate annual meetings this summer, meaning advisers should anticipate continued innovation in tactics, increased regulatory complexity, and a persistent focus on board accountability, say attorneys at MoFo.

  • How Financial Cos. Can Prep As NYDFS Cyber Changes Loom

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    Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.

  • Opinion

    Ending Quarterly Reporting Would Erode Investor Protection

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    President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • Series

    Painting Makes Me A Better Lawyer

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    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • Opinion

    SEC Arbitration Shift Is At Odds With Fraud Deterrence

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    The U.S. Securities and Exchange Commission's recent statement allowing the use of mandatory arbitration by new publicly traded companies could result in higher legal costs, while removing the powerful deterrent impact of public lawsuits that have helped make the U.S. securities markets a model of transparency and fairness, say attorneys at Labaton Keller.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

  • Despite Fraud Focus, SEC Still Targeting Technical Violations

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    The U.S. Securities and Exchange Commission under Chairman Paul Atkins has emphasized its back-to-basics strategy, focusing on identifying and combating fraud and manipulation, but at the same time, it has continued to pursue nonfraud-based actions targeting technical rule violations, a trend that will likely continue, say attorneys at Morgan Lewis.

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

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    Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.

  • Balancing The Risks And Rewards Of Private Equity In 401(k)s

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    The recent executive order directing government agencies to consider encouraging private equity and other alternative investments in 401(k) plans does not change the fundamental fiduciary calculus or reduce risk, as success with private investments will depend on careful analysis of both participant demand and fiduciary obligations, say attorneys at Jenner & Block.

  • 2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers

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    Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.

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