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Asset Management
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February 25, 2026
11th Circ. Questions 'Problematic' Juror Removal In Tax Case
The Eleventh Circuit hinted Wednesday that the dismissal of a juror in a trial against an accountant and an attorney accused of tax fraud may have been improper because the trial judge spoke privately with jury members about their vote split before the two men were convicted.
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February 25, 2026
4 Questions About Trump's Retirement Savings Pitch
President Donald Trump's promise that workers whose employers don't contribute to their retirement savings will get access to the same type of retirement plan that federal employees have has caught the attention of benefits attorneys, who said they have numerous questions about what that might look like. Here, Law360 looks at four of those questions.
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February 25, 2026
Winston & Strawn-Led SPAC Mozayyx Prices Upsized $261M IPO
Special purpose acquisition company Mozayyx Acquisition Corp. began trading publicly on Wednesday after raising $261 million in its upsized initial public offering.
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February 25, 2026
Senate Dem Bill Adds To Trump's Wall Street Home Buy Ban
Senate Democrats are proposing to end tax breaks for Wall Street's single-family home purchases and ramp up antitrust enforcement, offering a rival plan aimed at housing affordability as President Donald Trump in his State of the Union address Tuesday repeated a call to ban big investors from the market.
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February 25, 2026
Healthcare-Focused PE Firm Ascend Wraps $791M Fund
Healthcare-focused private equity shop Ascend Capital Partners, advised by Kirkland & Ellis LLP, on Wednesday revealed that it closed its second fund above target with $791 million of capital commitments.
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February 24, 2026
SDNY's New Self-Report Policy Eases Path To Declinations
Manhattan federal prosecutors on Tuesday unveiled a new business-friendly corporate criminal enforcement policy for companies that promptly self-report financial crimes, promising declinations and no fines or monitors for eligible companies that turn themselves in.
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February 24, 2026
SEC Lays Out New Enforcement Vision In Revised Guidelines
The U.S. Securities and Exchange Commission on Tuesday updated its enforcement manual for the first time in eight years, saying that the changes were part of an effort to build a fairer and more transparent investigative process.
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February 24, 2026
Ariz. Bill To Limit 'No Surprises' Arbitration Offers Put On Hold
A powerful Arizona state lawmaker this week agreed to pause his proposal to establish limits on how much medical providers can seek under the No Surprises Act arbitration system, saying the legislation needs more work and he'll bring it back next year.
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February 24, 2026
United Wants Partial Fraud Suit Win Against Billing Co.
TeamHealth has been submitting fraudulent claims to get UnitedHealthcare to overpay it by more than $100 million, the insurer argued as it asked a Tennessee federal judge to grant it a partial early win in its suit against the emergency room staffing and billing company.
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February 24, 2026
Ex-Flying J Owner's 401(k) Offerings 'Inferior' Says Mass. Suit
FJ Management Inc.'s retirement plan included a "dramatically inferior" series of target-date funds that caused investors to lose out on millions of dollars, a plan participant has claimed in a complaint filed in Massachusetts federal court.
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February 24, 2026
Terraform Says Jane Street 'Insider Trading' Led To Ch. 11
The administrator for bankrupt cryptocurrency company Terraform Labs has sued trading firm Jane Street in New York federal court over what Terraform says was an insider trading scheme to "front-run trading that hastened the collapse of Terraform."
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February 24, 2026
WisdomTree Gets SEC Nod For 24/7 Trading Of Digital Fund
The U.S. Securities and Exchange Commission gave WisdomTree the green light to offer round-the-clock trading and settlement for its tokenized money market fund offering in a first-of-its-kind approval, according to the financial product issuer's Tuesday announcement.
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February 24, 2026
Headache-Focused Biotech Raises $130M In Series A Round
Headache disorder-focused biotech Slate Medicines Inc., advised by Cooley LLP, on Tuesday revealed that it wrapped a Series A funding round with $130 million in tow.
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February 24, 2026
NC Justices Toss Lindberg's Bid To Stall $526M Judgment
North Carolina's top court Tuesday tossed a petition and motion to stay by embattled insurance mogul Greg Lindberg that challenged a $526 million judgment and arrest warrant against him, just one day after he filed the motions on his own behalf.
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February 24, 2026
Alaska Native Co. Hit With Suit Over 401(k) Fees, Funds
An Alaska Native company has been hit with a proposed class action from an employee 401(k) participant who alleged his plan was saddled with excessive fees and poorly performing investments, breaching fiduciary duties and causing prohibited transactions in violation of federal benefits law.
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February 24, 2026
Medtronic's Diabetes Spinoff MiniMed Seeks $742M IPO
Diabetes-focused MiniMed Group on Tuesday launched plans to go public by raising an estimated $742 million in an initial public offering, a move that is part of a previously announced plan by parent company Medtronic to spin its diabetes business into an independent public company.
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February 24, 2026
European Semiconductor Co. Snags $250M In New Funding
European artificial intelligence semiconductor company Axelera AI on Tuesday revealed that it has secured more than $250 million in new funding in a round led by Innovation Industries.
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February 23, 2026
Northern Trust Wants Heiress' Fraud Claims Tossed
The Northern Trust Co. seeks to shed certain claims that it failed to prevent a former vice president from looting the trust of an elderly banking heiress, arguing that it was also a victim of the alleged scheme and "no company is immune to dishonest actors."
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February 23, 2026
FINRA Eyes Looser Broker Communication Rules
The Financial Industry Regulatory Authority has proposed allowing broker-dealers to provide the public with information about the projected financial performance of a security or securities portfolio, revisiting a rulemaking initiative that has sat stale for the past two years.
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February 23, 2026
3 Firms Guide Homebuilder Co.'s $221M Sale
South Carolina-based United Homes Group announced Monday that it has agreed to be acquired by rival homebuilder Stanley Martin Homes, in a deal guided by three firms that values the company at $221 million.
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February 23, 2026
Analyst Who Claimed She Was Fired For Needing Sleep Settles
A New Jersey woman who claimed she was fired by Centerview Partners after disclosing she needed consistent sleep to manage a health disorder settled her case against the investment bank ahead of a jury trial in New York federal court, the bank said Monday.
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February 23, 2026
6 Firms Guide Investors' $3.4B Resi REIT Buy
Veris Residential Inc. announced Monday that its board of directors has signed off on a proposed $3.4 billion acquisition by an Affinius Capital-led team of investors, in a deal inked under the guidance of six firms.
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February 23, 2026
5 Firms Guide Finnish Firm IQM Quantum's $1.8B SPAC Deal
Quantum computing company IQM Finland Oy announced Monday it is planning to go public in the U.S. by merging with special purpose acquisition company Real Asset Acquisition Corp. in a $1.8 billion transaction led by five law firms.
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February 23, 2026
Amherst Residential Legal Head Joins Morgan Lewis In DC
The former head of legal at The Amherst Group's residential affiliate has joined Morgan Lewis & Bockius LLP as a partner in its Washington, D.C., office, where he will focus on securitization, asset management and corporate finance legal matters, the firm announced Monday.
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February 23, 2026
Kirkland, Jones Day Build $1.1B Hospice Take-Private Deal
Home health and hospice provider Enhabit Inc., advised by Jones Day, on Monday unveiled plans to go private following a sale to middle market private equity firm Kinderhook Industries LLC, led by Kirkland & Ellis LLP, in an all-cash deal valued at roughly $1.1 billion.
Expert Analysis
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Series
Judging Figure Skating Makes Me A Better Lawyer
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.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q3
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.
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What Ethics Rules Say On Atty Discipline For Online Speech
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.
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Balancing The Risks And Rewards Of Private Equity In 401(k)s
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.
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2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers
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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SEC Fine Signals Crackdown On Security-Based Swap Dealers
The U.S. Securities and Exchange Commission's recent fine against MUFG Securities is unique because it involves a non-U.S. security-based swap dealer complying with U.S. laws based on the election of substituted compliance, but it should not be dismissed as a one-off case, says Kelly Rock, formerly at the SEC.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.
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Expect DOJ To Repeat 4 Themes From 2024's FCPA Trials
As two upcoming Foreign Corrupt Practice Act trials approach, defense counsel should anticipate the U.S. Department of Justice to revive several of the same themes prosecutors leaned on in trials last year to motivate jurors to convict, and build counternarratives to neutralize these arguments, says James Koukios at MoFo.
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How The SEC Has Subtly Changed Its Injunction Approach
For decades, the U.S. Securities and Exchange Commission has relied on the obey-the-law injunction, but judicial deference to the SEC's desired language has fractured since 2012 — with the commission itself this year utilizing a more tailored approach to injunctions, albeit inconsistently, say attorneys at Hilgers Graben.
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Series
Power To The Paralegals: How And Why Training Must Evolve
Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.
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Series
Playing Softball Makes Me A Better Lawyer
My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.
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IPO Suit Reinforces Strict Section 11 Tracing Requirement
A California federal court's recent dismissal of an investor class action against Allbirds in connection with the company's initial public offering cites the U.S. Supreme Court's 2023 Slack v. Pirani decision, reinforcing the firm tracing requirement for Section 11 plaintiffs — even at the pleading stage, say attorneys at Paul Weiss.
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Series
Law School's Missed Lessons: Mastering Time Management
Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.
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Courts Keep Upping Standing Ante In ERISA Healthcare Suits
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.
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How Hyperlinks Are Changing E-Discovery Responsibilities
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.