Asset Management

  • 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.

  • May 15, 2026

    4 Key Takeaways From SEC's Semiannual Reporting Proposal

    The U.S. Securities and Exchange Commission recently put forth a plan that could allow publicly traded companies to move from a quarterly to a semiannual reporting schedule, but whether they choose to do so and how that could impact both the growth of the public markets and insider-trading plans for corporate leaders remains up for debate.

  • May 15, 2026

    Proskauer Welcomes 2 New Partners To NY Office

    Proskauer Rose LLP announced this week that it has added two partners to its New York office — a restructuring attorney who joins from Davis Polk & Wardwell LLP and a private funds attorney who comes from advisory-focused investment bank PJT Partners.

  • May 15, 2026

    8th Circ. Wells Fargo Ruling Focuses On Establishing Injury

    The Eighth Circuit's recent decision affirming the dismissal of a proposed class action claiming Wells Fargo misspent 401(k) forfeitures won't dissuade workers from filing similar suits, attorneys say, but those plan participants will likely include more details on how they were allegedly hurt.

  • May 15, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

  • May 15, 2026

    Taxation With Representation: Cassels, Ropes & Gray

    In this week's Taxation With Representation, Equinox Gold Corp. and Orla Mining Ltd. announce a merger to create a major gold producer, OpenAI plans to form a company to boost adoption of its software across enterprises and private equity firm Apollo acquires trade show operators Emerald Holding and Questex.

  • May 14, 2026

    Platinum Execs, Feds Spar Amid $70M Bond Fraud Appeals

    The Second Circuit on Thursday once again weighed the nearly decadelong fraud case against former Platinum Partners executives, which has led to hard-fought trials, convictions, acquittals, appellate reversals and even a presidential pardon, as defense counsel and the government alike argued that a litany of errors demand rectification.

  • May 14, 2026

    Oppenheimer Customers Ink $70M Cash Sweep Rate Deal

    A class of Oppenheimer & Co. customers are asking a New York federal judge to greenlight a $70 million settlement resolving their claims that the investment bank pocketed hefty fees from its cash sweep account program while paying customers "unreasonable, below-market interest rates."

  • May 14, 2026

    FINRA Official Says Cooperation Credit Updates Incoming

    The Financial Industry Regulatory Authority's head of enforcement said Thursday that the self-regulating watchdog of brokers will update the credit it offers to firms for cooperation and remediation, amid a broader, ongoing series of efficiency initiatives.

  • May 14, 2026

    Investment Co. Settles Carpenters' $250M Pension Loss Suit

    Callan LLC has reached a deal in a class action from a group of union carpenters who claimed the investment consulting firm and their pension funds' trustees lost them $250 million in assets by investing in Allianz index funds, according to a Washington federal court filing.

  • May 14, 2026

    Insider Trading Case Shows BigLaw Associate Vetting Gaps

    A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.

  • May 14, 2026

    Akamai To Buy Cybersecurity Biz LayerX In $205M Deal

    Cybersecurity and cloud company Akamai Technologies Inc. on Thursday announced plans to acquire Tel Aviv-based tech company LayerX in a $205 million deal.

  • May 14, 2026

    Brookfield To Acquire World Freight In $1.2B Deal

    Brookfield has agreed to acquire global air freight services provider World Freight Co. from PAI Partners and EQT's BPEA Private Equity Fund VI, the companies announced Thursday. 

  • May 14, 2026

    3 Firms Steer Iridium, Aireon On $367M Aviation Satellite Deal

    Iridium Communications Inc. said Thursday it has agreed to acquire the remaining stake in Aireon LLC for nearly $367 million, consolidating full ownership of the space-based aircraft surveillance provider in a deal steered by three law firms.

  • May 14, 2026

    V&E, Latham Guide Oil Landowner EagleRock's $320M IPO

    EagleRock, a landowner collecting revenue from oil and gas activity in the Permian Basin, reached a market capitalization of $2.4 billion in an initial public offering advised by Vinson & Elkins LLP and Latham & Watkins LLP.

  • May 13, 2026

    SEC's New Enforcement Chief Touts 'Back To Basics' Message

    The U.S. Securities and Exchange Commission's new head of enforcement affirmed Wednesday that he fully supports Chairman Paul Atkins' focus on "quality over quantity" regarding cases, amid a dramatic decrease in original enforcement actions at the agency.

  • May 13, 2026

    Latham, Davis Polk Lead AI Chipmaker Cerebras' $5.6B IPO

    Artificial intelligence computing company Cerebras Systems Inc. raised roughly $5.6 billion in its blockbuster initial public offering that priced above range late on Wednesday, representing the largest IPO this year.

  • May 13, 2026

    Simpson Thacher-Led Blackstone REIT Prices $1.75B IPO

    A Blackstone real estate investment trust focused on data centers is set to begin trading May 14 after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • May 13, 2026

    Lawmakers Float Allowing Charitable Gifts From 401(k) Plans

    A bipartisan group of federal lawmakers on Wednesday introduced a bill that would allow workers to make tax-free charitable donations directly from their employer-sponsored retirement plans, building on a section of the retirement policy overhaul known as Secure 2.0.

  • May 13, 2026

    SEC Inks $2.6M In Settlements Over High-Yield Fraud Claims

    A purported financial services firm and two of its executives have agreed to pay over $2.6 million to resolve U.S. Securities and Exchange Commission claims they were part of a $26 million scheme to defraud would-be investors in purported high-yield investment programs that never actually happened.

  • May 13, 2026

    Latham Guides Geothermal Startup Fervo's Upsized $1.9B IPO

    Geothermal energy developer Fervo Energy hit the public markets on Wednesday after raising $1.9 billion in its upsized initial public offering.

Expert Analysis

  • 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.

  • Series

    Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • How Specificity, Self-Dealing Are Shaping ERISA Litigation

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    Several recent cases, including the U.S. Supreme Court's forthcoming ruling in Anderson v. Intel, illustrate the competing forces shaping excessive fee litigation, with plaintiffs seeking flexibility, courts demanding specificity, fiduciaries facing increased scrutiny for conflicts of interest, and self-dealing amplifying exposure, says James Beall at Willig Williams.

  • How Selig May Approach CFTC Agricultural Enforcement

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    As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.

  • 5th Circ. Ruling Clarifies Tax Rules For Limited Partners

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    The Fifth Circuit’s Jan. 16 decision in Sirius Solutions v. Commissioner provides greater tax planning certainty by adopting a bright-line test for determining when partners in limited liability companies are exempt from self-employment tax, say attorneys at K&L Gates.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • What To Expect From Justices' 401(k) Ruling, DOL Rulemaking

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    The U.S. Supreme Court's upcoming ruling in Anderson v. Intel, addressing alternative assets in defined contribution plans, coupled with the U.S. Department of Labor's recently proposed regulation on fiduciary duties in selecting alternative investments, could alleviate the litigation risk that has impeded wider consideration of such investments, say attorneys at Ropes & Gray.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Navigating The New Wave Of Voluntary Benefit ERISA Suits

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    Four recent complaints claiming that employees pay unreasonable premiums for voluntary benefit programs contribute to a trend in Employee Retirement Income Security Act class actions targeting employers and benefits consultants over such programs, increasing scrutiny of how the programs are selected, priced and administered, say attorneys at Holland & Knight.

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