Asset Management

  • August 26, 2026

    Dodgers, Lakers Owner Denies $12.5B Deal Is 'Fire Sale'

    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."

  • August 26, 2026

    Apollo Shareholders Say Their Data Was Exposed To Hackers

    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.

  • August 26, 2026

    Feds Aim To Give Employers Clarity On Wellness Programs

    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.

  • August 26, 2026

    Man Gets 42 Months For Tax Crimes, Fraud, Must Pay $1.2M

    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.

  • August 25, 2026

    Oura Ring Maker Says Ex-CEO Must Arbitrate Stock Claims

    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.

  • August 25, 2026

    Court OKs New England Medical Network's $850K ERISA Deal

    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.

  • August 25, 2026

    Deloitte Strikes $21.5M Deal With Feds Over DEI Policies

    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.

  • August 25, 2026

    Autonomous Freight Biz Raises $200M In Series D Round

    Autonomous trucking company Gatik on Tuesday revealed it had closed its latest funding round after securing $200 million in investor commitments, a move that comes as demand for driverless commercial freight increases.

  • August 25, 2026

    Investor Seeks Legal Fees In Del. Over Energy Co. Share Suit

    Hudson Bay Longview LLC has sued Mountain State Energy Holdings LLC in the Delaware Chancery Court seeking to force the energy company to pay the legal costs Hudson Bay is racking up while defending a separate New York lawsuit over its purchase of Mountain State shares.

  • August 25, 2026

    Air Ambulance Co. Settles Suit Over 401(k) Fund Selection

    An air ambulance company told a Colorado federal court Tuesday that it has settled a worker's proposed class action that claimed the business failed to cut pricey share classes from its $633 million retirement plan and harmed workers' savings.

  • August 25, 2026

    Commodities Firm Escapes Brazilian Bribery Case

    A Connecticut federal judge has put an end to a criminal case alleging Freepoint Commodities LLC bribed Brazilian government officials to get an edge over its competitors, dismissing a single felony count shortly after prosecutors said the firm had satisfied its obligations under a deferred prosecution agreement.

  • August 25, 2026

    Emerald AI Hits $1.05B Valuation In $150M Series A Round

    Emerald AI, a company developing software to reduce or change power usage of AI data centers while electric grids are under stress, said Tuesday that it raised $150 million in a funding round valuing the company at $1.05 billion.

  • August 25, 2026

    McKesson Snags Precision Medicine Group In $2.25B Deal

    Healthcare services provider McKesson Corp., advised by Davis Polk & Wardwell LLP, on Tuesday unveiled plans to acquire clinical research and biopharmaceutical commercialization services business Precision Medicine Group for roughly $2.25 billion.

  • August 25, 2026

    4 Firms Build Ursa Major's $2.3B SPAC Merger

    Aerospace and defense company Ursa Major Technologies Inc. on Tuesday unveiled plans to go public by merging with special purpose acquisition company Bleichroeder Acquisition Corp. III in a deal that boasts a post-transaction equity value of roughly $2.3 billion and was built by four law firms.

  • August 25, 2026

    Winston Taylor Hires Ex-Willkie Securities Expert In Chicago

    Winston Taylor LLP has brought on board a former Willkie Farr & Gallagher LLP counsel who, before his most recent role, spent more than eight years as an assistant U.S. attorney in the Northern District of Illinois working on securities and commodities fraud issues, the firm announced on Tuesday.

  • August 25, 2026

    Vedder Adds Benefits And Exec Comp Pro From Winston Taylor

    Vedder has added a seasoned employee benefits and executive compensation partner from Winston Taylor LLP to join its practice as a new shareholder in Chicago, where she will advise clients on a wide range of retirement, health and welfare benefits issues, the firm announced Tuesday.

  • August 24, 2026

    Neobanking Biz Hits $1B Valuation After Series C Round

    Artificial intelligence-powered stablecoin neobanking platform Fasset on Monday revealed that it reached a $1 billion valuation after closing its latest funding round with $68 million in tow.

  • August 24, 2026

    SEC Sues Adviser, Firm Over Unpaid Settlement Amount

    The U.S. Securities and Exchange Commission is asking a Nebraska federal court in a lawsuit launched Monday to direct an investment adviser and his company to disgorge over $286,000 they still owe from a 2024 settlement accusing them of disproportionately directing advantageous trades to themselves.

  • August 24, 2026

    Merck Loses HHS Suit Over Medicare Drug Price Program

    A D.C. federal judge shot down Merck's challenge to the Inflation Reduction Act's Drug Price Negotiation Program on Monday, ruling that the pharmaceutical giant's voluntary participation in connected Medicare and Medicaid programs meant that its inclusion in the negotiation program doesn't constitute an unconstitutional taking.

  • August 24, 2026

    3 Firms Build Biotech Merger With $150M In Private Funding

    Biopharmaceutical company Werewolf Therapeutics and clinical-stage biotechnology firm Ambros Therapeutics have agreed to merge in an all-stock deal built by three law firms, and includes $150 million in private funding.

  • August 24, 2026

    Kalshi Fights To Keep NY Betting Case In Federal Court

    Prediction market giant Kalshi is fighting to keep New York's suit targeting its sports event contracts in federal court, punching back at the state's contention that those offerings should be subjected to state-level gambling regulations.

  • August 24, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.

  • August 24, 2026

    Feds Seek Early End To Commodities Firm Bribery Case DPA

    Federal prosecutors have moved to release a Connecticut-based commodities firm from a deferred prosecution agreement nearly four months early, telling a judge Monday that Freepoint Commodities LLC has satisfied its obligations and paid more than $106 million to resolve allegations that it bribed Brazilian government officials.

  • August 24, 2026

    Foley-Led NVent Buys Maverick Power For Up To $2.3B

    Foley & Lardner LLP-advised electrical connection and equipment company nVent Electric PLC on Monday revealed it has agreed to buy Maverick Power, which provides infrastructure solutions for data centers as well as other services, for up to $2.3 billion.

  • August 24, 2026

    Building Products Co. Narrows Suit Over 401(k) Options, Fees

    An Illinois federal judge trimmed a proposed class action against a building products company and its investment manager alleging that workers lost millions on underperforming 401(k) funds and excessive fees in their retirement plan, while leaving the door open for the ex-workers who sued to revise their claims.

Expert Analysis

  • Series

    Being A Magician Makes Me A Better Lawyer

    Author Photo

    The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom because performing magic and trying cases both live at the intersection of psychology, storytelling, timing and disciplined rehearsal, says Mark Dombroff at Fox Rothschild.

  • Opinion

    Shareholder Derivative Litigation Needs A Better Framework

    Author Photo

    Uncoordinated, multiforum shareholder derivative litigation is a growing issue for corporate defendants that have little to no recourse for organizing and consolidating actions, but several commonsense steps should be utilized to preempt such disputes, say attorneys at Sullivan & Cromwell.

  • How State, Local Rules Are Expanding Debt Collection Reach

    Author Photo

    Consumer protection rules recently enacted by several states signal that the rules of debt collection are being rewritten at a pace that should command the attention of every creditor, servicer, debt buyer, collection agency and collection law firm operating across state lines, says Weldianne Scales at Reed Smith.

  • How Nixing Trade-Through Rule Would Alter Equity Markets

    Author Photo

    The U.S. Securities and Exchange Commission's recent proposal to rescind the trade-through rule and the locked-and-crossed-markets prohibition represents one of the most significant potential changes to U.S. equity market structure in two decades, affecting exchanges, broker-dealers, and institutional and retail investors alike, say attorneys at WilmerHale.

  • The Nuance Between The Atkins, Gensler SEC Strategic Plans

    Author Photo

    U.S. Securities and Exchange Commission Chairman Paul Atkins' recent draft strategic plan is a marked departure from that of former Chair Gary Gensler, portraying an intention to leave decisions to the market rather than steering corporate behavior through expansive disclosure mandates and regulatory enforcement, say attorneys at Cleary.

  • Future Of Fed Independence Shaky After Justices' Ruling

    Author Photo

    The U.S. Supreme Court's recent ruling in Trump v. Cook preserved the Federal Reserve's formal independence but could invite the president to remove board members with just modest protections, leaving the central bank's autonomy uncertain and potentially setting up fresh clashes over other agencies, says Steven Schwinn at the University of Chicago.

  • A New Regulatory Environment For PE In Calif. Healthcare

    Author Photo

    The California Office of Health Care Affordability's proposed revisions to its cost and market impact review regulations, amid broader state scrutiny of private equity-backed healthcare arrangements, represent a qualitative shift in California's regulatory posture toward institutional healthcare investment, say attorneys at Ropes & Gray.

  • Series

    Bass Fishing Makes Me A Better Lawyer

    Author Photo

    Landing a trophy striped bass and closing a big deal both require cultivating the patience to finesse — not force — your way to desired outcomes, changing course when your old approach isn’t working and learning from the ones that got away, says Jon Ruiss at Alston & Bird.

  • How Rated Note Feeders Help Insurers Tap Private Credit

    Author Photo

    With insurer investments comprising nearly a third of the private credit market, rated note feeders offer insurers a compelling way to access private credit yields through debt instruments by balancing key features of debt investment with the structural and economic profiles of private credit funds, say attorneys at Akin.

  • Roundup

    The Most Talked-About Supreme Court Decisions Of 2026

    Author Photo

    This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

  • Agentic AI And Securities Law: Who Is The Adviser?

    Author Photo

    Securities regulation has always been actor-based, but as agentic artificial intelligence becomes more common, it will push the law toward a partially system-based framework in which systems themselves, and the relationships between them and their deployers, are the focus of regulatory attention, says Joseph A. Hall at Davis Polk.

  • Have Private Suits Filled Gap Left By SEC's Crypto Pullback?

    Author Photo

    In the wake of the U.S. Securities and Exchange Commission's regulatory retreat in the crypto space, private litigants have pursued claims across different types of crypto-related activities and market participants, but whether private lawsuits have replaced SEC enforcement remains unclear, says Simona Mola at NERA.

  • A Potential Turning Point For Short-And-Distort Claims

    Author Photo

    A California federal jury's conviction of Andrew Left signals that the historically blurry line between securities fraud and legitimate criticism of companies is growing clearer, and that there is a viable recourse against so-called short-and-distort campaigns intended to create a false impression of the market, say attorneys at Baker McKenzie.

  • CFTC Policy Substantially Expands Self-Reporting Incentives

    Author Photo

    A recent U.S. Commodity Futures Trading Commission policy moves from a mitigation-centered model to prioritizing declination for early self-reporting and full cooperation, reflecting a deliberate effort to harmonize voluntary self-disclosure incentives across the federal enforcement authorities, say attorneys at Sullivan & Cromwell.

  • Series

    Choral Singing Makes Me A Better Lawyer

    Author Photo

    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Asset Management archive.