Asset Management

  • May 20, 2026

    Gibson Dunn, Davis Polk Guide SpaceX's IPO Filing

    Elon Musk's SpaceX has officially filed plans for its blockbuster initial public offering, a long-anticipated move that could value the private space exploration giant at up to $1.75 trillion.

  • May 20, 2026

    Eli Lilly Paying Up To $202M In Genetic Medicine Deal

    Eli Lilly and Co. has agreed to acquire privately held Engage Biologics Inc., which is developing a delivery technology for genetic medicines, in a deal worth up to $202 million, Cooley LLP-advised Engage announced Wednesday.

  • May 20, 2026

    StraightPath Trio Gets Prison For Defrauding Pre-IPO Clients

    A Manhattan federal judge sentenced stock vendor StraightPath's three founders to around a decade each in prison Wednesday, after a jury convicted them of defrauding clients who bought $400 million of pre-initial public offering shares from their Florida private equity firm.

  • May 20, 2026

    Kirkland-Led Shamrock Wraps $813M Media Acquisition Fund

    Kirkland & Ellis LLP-advised media and entertainment-focused investment firm Shamrock Capital on Wednesday revealed that it had closed its fourth content acquisition fund with $813 million in total capital commitments.

  • May 20, 2026

    Life Insurance Co. Escapes Suit Over 401(k) Fund

    A life insurance company defeated a proposed class action alleging it failed to remove an underperforming fund from its $2 billion 401(k) plan, with a New Jersey federal judge concluding the suit didn't provide valid comparisons to better-performing funds.

  • May 20, 2026

    NJ Pair Settle SEC Insider Trading Suit Over CoStar Purchase

    Two New Jersey men have settled charges from the U.S. Securities and Exchange Commission that they traded shares of a company before it was acquired by CoStar Group in April 2024 after learning of the transaction through a family member. 

  • May 19, 2026

    Shoppers Seek Fees At 9th Circ. For Kroger, Albertsons Fight

    Counsel for grocery store consumers urged the Ninth Circuit on Tuesday to find they substantially prevailed in their proposed class action challenging Kroger's since-abandoned $24.6 billion bid for Albertsons and are entitled to attorney fees, arguing that the lower court wrongly concluded the case was mooted by other federal actions blocking the merger.

  • May 19, 2026

    New CFTC Policy Eyes Smaller Fines, More Declinations

    The Commodity Futures Trading Commission on Tuesday issued a revised policy on cooperation credit in enforcement matters, outlining how factors such as self-reporting, cooperation and remediation can help respondents secure fine reductions or potential declinations.

  • May 19, 2026

    McDermott-Led Albaron Wraps $185M Healthcare Fund

    Albaron Partners, advised by McDermott Will & Schulte, on Tuesday revealed it has closed its flagship fund after securing $185 million in commitments, which will be used to invest in healthcare companies.

  • May 19, 2026

    Cigna Can't Knock Out 401(k) Forfeiture, Fund Suit

    Cigna can't escape a proposed class action alleging that underperforming investment offerings and misallocated forfeitures in its employee 401(k) plan cost workers millions, after a Pennsylvania federal judge ruled Tuesday that alleged violations of federal benefits law were sufficiently backed up to reach discovery.

  • May 19, 2026

    Alphabet Investors Win Class Cert. In Ad Auction Suit

    A California federal judge certified a class of Alphabet investors accusing Google and CEO Sundar Pichai of misleading the market about whether its digital ad auctions favored Facebook's advertising network, finding common questions outweigh individualized issues.

  • May 19, 2026

    Mentari, InMed Merge In Deal Backed By $290M Funding

    InMed Pharmaceuticals Inc. on Tuesday announced plans to merge with migraine prevention drugmaker Mentari Therapeutics Inc. in an all-stock deal that is backed by a $290 million private placement and was guided by three law firms.

  • May 19, 2026

    Del. Judge Pushes Firms To Back Up 2nd Bid To DQ Her

    A Delaware vice chancellor has told Friedlander & Gorris PA and two other firms to provide more information in their second bid to disqualify her from presiding over Chancery Court litigation because she previously was an attorney at Skadden Arps Slate Meagher & Flom LLP.

  • May 19, 2026

    Stellus Wraps 4th Credit Fund With $1.5B In Tow

    Lower middle market direct lender Stellus Capital Management LLC on Tuesday revealed that it closed its fourth credit fund with $1.5 billion in tow.

  • May 19, 2026

    Ex-Trader Says Crypto Co.'s Bid For Sanctions Is 'Unfounded'

    A former trader said a cryptocurrency company is using an "unfounded" characterization of his deposition conduct to seek sanctions and lend credence to facts it hasn't otherwise been able to prove in its suit accusing him of usurping $8.1 million in digital assets.

  • May 19, 2026

    Ex-Marketing Workers Take 401(k) Forfeiture Suit To 2nd Circ.

    Two former marketing company employees said they're going to ask the Second Circuit to revive their proposed class action alleging that 401(k) plan forfeitures were misused after a New York federal judge dismissed their case in April.

  • May 18, 2026

    Ropes Steers Bain Capital's Above-Target $10.5B Asia Fund

    Ropes & Gray LLP-advised private equity giant Bain Capital has wrapped fundraising on its sixth Asia-focused fund after securing $10.5 billion in total capital.

  • May 18, 2026

    American Express Hit With 401(k) Target-Date Fund Suit

    Former American Express workers hit the credit card giant with a proposed class action in New York federal court, alleging that underperforming target-date and other investment funds in the company's 401(k) plan — with approximately $9 billion in assets and 40,000 participants — lost workers hundreds of millions in future savings.

  • May 18, 2026

    SEC Ends 'Gag Rule' Policy For Enforcement Settlements

    The U.S. Securities and Exchange Commission on Monday scrapped a decades-old enforcement policy that prohibited settling parties from denying the agency's allegations against them, saying the policy made it appear as though the SEC was trying to "shield itself from criticism."

  • May 18, 2026

    Justices Turn Down PBGC's Bid To Hear Pension Bailout Suit

    The U.S. Supreme Court refused on Monday to take up the Pension Benefit Guaranty Corp.'s challenge to a Second Circuit decision that said the agency erred by rejecting the union pension fund's application for a $132 million bailout.

  • May 15, 2026

    Citron Founder Phoned Fed. Agent During FBI Raid, Jury Told

    An inspector with the U.S. Postal Service told a California federal jury considering securities fraud charges against Citron Research founder Andrew Left on Friday that even as she participated in the FBI's raid of his home, Left called her and spoke at length about the allegations against him for over an hour. 

  • May 15, 2026

    Cerebras' Mega IPO Boosts Confidence In AI Pipeline

    Artificial intelligence computing company Cerebras Systems Inc.'s blockbuster debut was well received by deals attorneys who track the pipeline for initial public offerings, with lawyers saying the upsized $5.6 billion IPO is a sign that investor confidence in the AI sector is growing. 

  • May 15, 2026

    New SEC Reporting Plan May Not Sway Energy Cos.

    The U.S. Securities and Exchange Commission wants to let publicly traded companies move from a quarterly to a semiannual earnings reporting schedule, but energy industry volatility and investor expectations may make oil and gas firms reluctant to embrace the option.

  • May 15, 2026

    Fed Frees UBS From Order On Credit Suisse's Archegos Work

    The Federal Reserve said Friday it has terminated an enforcement action against UBS AG that was tied to its former Swiss rival Credit Suisse's business dealings with the now-defunct Archegos Capital Management.

  • May 15, 2026

    Caitlyn Jenner Faces Fresh Suit Over Meme Coin Collapse

    Media personality and former Olympian Caitlyn Jenner faces potential class action fraud claims in California state court over the collapse of her meme coins after a similar action was tossed from federal court last month because a judge said the plaintiff couldn't sustain his securities fraud claims.

Expert Analysis

  • Series

    Trivia Competition Makes Me A Better Lawyer

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    Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.

  • Series

    Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • Series

    Judges On AI: Practical Use Cases In Chambers

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    U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.

  • Opinion

    Corporations Should Think Twice About Mandatory Arbitration

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    The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.

  • A Closer Look At California Financial Regulator's 2026 Agenda

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    California Department of Financial Protection and Innovation Commissioner KC Mohseni in recent remarks demonstrated the regulator's growing importance amid the Consumer Financial Protection Bureau's retreat by debuting expansive goals for 2026, including finalizing rulemaking for the state's digital asset law and expanding enforcement authority around consumer complaints, says John Kimble at Hinshaw.

  • Series

    Trail Running Makes Me A Better Lawyer

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    Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.

  • Navigating New Risks Amid Altered Foreign Issuer Landscape

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    The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.

  • Tips From Del. Decision Nixing Major Earnout Damages Award

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    The Delaware Supreme Court recently vacated in part the largest earnout-related damages award in Delaware history, making clear that the implied covenant of good faith and fair dealing cannot be used to rescue parties from drafting choices where the relevant regulatory risk was foreseeable at signing, say attorneys at Sullivan & Cromwell.

  • What Applicants Can Expect From Calif. Crypto License Law

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    With the July effective date for California's Digital Financial Assets Law fast approaching, now is a critical time for companies to prepare for licensure, application and coverage compliance ahead of this significant regulatory milestone that will reshape how digital asset businesses operate in California, say attorneys at MoFo.

  • Malpractice Claim Assignability Continues To Divide Courts

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    Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.

  • How Latest Nasdaq Proposals Stand To Raise Listings Quality

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    Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.

  • Weathering FINRA's Scrutiny Of Foreign Small-Cap Issuers

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    To prepare for the Financial Industry Regulatory Authority's recently announced targeted examinations, broker-dealers and firms that assist with IPOs abroad should consult years of FINRA guidance on managing the money-laundering and fraud risks inherent to foreign small-capitalization offerings, say Michael Watling and Elika Mohebbi at Seward & Kissel.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.

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