Try our Advanced Search for more refined results
Asset Management
-
February 11, 2026
Kaiser Will Pay $30M To End DOL Mental Health Investigations
Kaiser Permanente has agreed to fork over at least $30 million and change its practices to end multiple U.S. Department of Labor investigations into the adequacy of the healthcare organization's mental health and substance use disorder treatment networks in California, the DOL said.
-
February 11, 2026
Blue Owl Wraps $3B Strategic Equity, Secondaries Fund
Private equity shop Blue Owl Capital Inc. on Wednesday revealed that it closed its inaugural strategic equity and secondaries fund with over $3 billion of capital commitments.
-
February 10, 2026
5th Circ. Says Bank Worker's ERISA Claims Can Be Arbitrated
The Fifth Circuit on Tuesday held that a former employee at a Texas-based bank must arbitrate his proposed class claims accusing the bank of failing to invest retirement funds, reversing a lower court's finding that the arbitration clause didn't apply to him because it was added after his employment ended.
-
February 10, 2026
BlackRock Brass Face Derivative Suit Over Coal Investments
Several officers and directors of BlackRock have been hit with a shareholder's derivative suit accusing them of damaging the asset manager's reputation by participating in a scheme to drive up coal prices, an issue at the center of an antitrust suit brought by a coalition of Republican-led states.
-
February 10, 2026
Financial Services Forum Taps Ex-Truist Exec For GC
Banking industry group Financial Services Forum has hired a general counsel who most recently was a senior Truist Financial Corp. lawyer and who previously worked at the Federal Reserve Board of Governors as senior counsel in its legal division.
-
February 10, 2026
NC Justices Told Not To Disturb Lindberg's $122M Penalty
A group of insurance companies that say convicted billionaire Greg Lindberg is responsible for their "financial ruin" are fighting to keep in place a $122 million contempt order against him, telling North Carolina's highest court there's no compelling reason to review the decision.
-
February 10, 2026
European Wax Center To Go Private In $330M Cash Deal
Waxing services giant European Wax Center Inc. on Tuesday announced plans to go private after being acquired by investor General Atlantic in an all-cash deal valued at roughly $330 million.
-
February 10, 2026
Tech Co. Ex-Workers Must Arbitrate Expenses Fight
Two opt-in workers signed arbitration agreements with a customer experience technology company, and thus their expense claims cannot remain in court, a Colorado federal judge ruled, administratively closing the case.
-
February 10, 2026
Fresenius Can't Knock Out 401(k) Forfeiture Suit
A Massachusetts federal judge narrowed but declined to dismiss a suit claiming dialysis company Fresenius violated federal benefits law by using forfeited 401(k) funds to pay for match contributions instead of plan fees, ruling the workers behind the suit adequately explained that the move may have flouted their interests.
-
February 10, 2026
AI Docs Sent By Exec To Attys Not Privileged, Judge Says
A Manhattan federal judge said Tuesday that a Texas financial services executive accused of a $150 million fraud cannot claim privilege over documents that he prepared using an artificial intelligence service and sent to his attorneys — but suggested the materials could be problematic if used at trial.
-
February 10, 2026
Whooping Cough-Focused Biotech Wraps $115M Fundraise
Florida-based biotechnology company ILiAD Biotechnologies Inc. on Tuesday revealed that it wrapped its latest financing round after securing $115 million from investors, which will be used to advance development on a potential whooping cough vaccine.
-
February 09, 2026
Ex-Morgan Stanley Pro Scorns Key NBA Witness In Fraud Trial
Counsel for an ex-Morgan Stanley investment adviser accused of defrauding pro athletes out of millions of dollars leaned hard on former NBA player Chandler Parsons in cross-examination after he testified against his onetime friend and go-to money man as the defense sought to discredit one of the government's key witnesses.
-
February 09, 2026
Sentencing Commission's Reform Ideas May Cut Prison Time
Proposed new amendments to the federal sentencing guidelines could lead to shorter prison terms for many offenders, including by revising loss calculations for financial crimes and providing a first-of-its-kind path to reward defendants for post-offense, pre-sentence rehabilitative efforts.
-
February 09, 2026
LRN Shareholder To Pay $18M To End Del. Defamation Suit
Activision founder Howard Marks will pay $18 million to LRN Corp. Chairman Dov Seidman and two others to exit a Delaware Superior Court defamation lawsuit over statements he made as class representative in a separate Delaware Court of Chancery shareholder case, a Monday filing states.
-
February 09, 2026
Nationwide ERISA 401(k) Class Action Heads To Bench Trial
Nationwide Mutual Insurance Co. must face a trimmed class action pursued by employee 401(k) plan participants alleging mismanagement, an Ohio federal judge ruled in an opinion unsealed Monday, telling the parties to prepare for a bench trial on the surviving claims.
-
February 09, 2026
9th Circ. Backs Comerica's Escape From Investor Suit
The Ninth Circuit backed Comerica's win in an investor dispute led by a pension fund accusing the bank of misleading investors about its oversight of a U.S. Department of the Treasury contract, concluding a California federal judge was right to permanently toss the case for failure to state a claim.
-
February 09, 2026
Crypto Investor's $16M Case Ousted From Chancery
The Delaware Chancery Court on Monday dismissed a cryptocurrency investor's lawsuit accusing a group of crypto entities and insiders of engineering a $16 million "pump and dump" scheme, ruling the claims were not properly brought in equity and belong, if anywhere, in the Delaware Superior Court instead.
-
February 09, 2026
Catching Up With Delaware's Chancery Court
Delaware's chancellor has rejected a bid for dismissal of a derivative suit accusing Coinbase Global Inc. insiders of massively unloading shares ahead of a steep stock drop, stressing a special litigation committee's failure to meet independence standards.
-
February 09, 2026
Tool Co. Can't Escape Workers' 401(k) Forfeiture Suit
An Illinois tool manufacturer lost a bid to toss a proposed class action alleging it mismanaged an employee 401(k) plan, after a federal judge held Monday that workers stated a claim under federal benefits law by asserting the company disloyally spent forfeitures on employer-side contributions instead of plan expenses.
-
February 09, 2026
Deutsche Bank Escapes FDIC's RMBS Underwriter Claims
A brokerage and investment banking arm of Deutsche Bank ducked a lawsuit the Federal Deposit Insurance Corp. had brought against it over investment losses suffered by now-failed Citizens National Bank, after a New York federal judge determined Monday it did not have a relevant role in underwriting residential mortgage-backed securities Citizens bought more than two decades ago.
-
February 09, 2026
State Street Says Kronos Data Breach Cost It $27.6M
Human resources software provider UKG Kronos has failed to adequately address a 2021 data breach that left State Street Bank without access and put it at legal risk in multiple countries, the financial services company said in a $27.6 million lawsuit filed in Massachusetts state court.
-
February 09, 2026
Safanad Sells UK Care Home Biz To REIT For $1.6B
Principal-led investment company Safanad announced Monday that it sold U.K. care-home provider HC-One to a healthcare real estate investment trust for over $1.6 billion.
-
February 06, 2026
STB Pledges 'Rigorous Review' Of UP, Norfolk Southern Deal
The Surface Transportation Board has reassured lawmakers that it will "conduct a rigorous and comprehensive review" of Union Pacific's proposed $85 billion merger with Norfolk Southern, as the board weighs a flurry of comments from industry stakeholders on the deal's sweeping implications for the U.S. economy.
-
February 06, 2026
Brooklyn Adviser Settles SEC's $4.1M Affinity Fraud Claims
A Brooklyn investment adviser has reached a settlement with the U.S. Securities and Exchange Commission to settle claims that he defrauded fellow members of his Russian American Jewish community out of at least $4.1 million, including inherited Holocaust restitution funds.
-
February 06, 2026
Kirkland Leads Jennifer Garner's Baby Food Co.'s $198M IPO
Once Upon a Farm, an organic baby food brand co-founded by actor Jennifer Garner, began trading Friday after it raised nearly $198 million by offering 11 million shares, in an offering guided by Kirkland & Ellis LLP and Weil Gotshal & Manges LLP.
Expert Analysis
-
Stablecoin Committee Promotes Uniformity But May Fall Short
While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis.
-
Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
-
Parsing Trump Admin's First 6 Months Of SEC Enforcement
The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.
-
Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.
-
SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'
The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.
-
Series
Law School's Missed Lessons: Adapting To The Age Of AI
Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.
-
Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning
A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.
-
Why Fla. Ruling Is A Call To Action For Foreclosure Counsel
A Florida state court's recent decision in Open Range Properties v. AmeriHome Mortgage has sent ripples through the banking industry and the legal community, and signals a new era of heightened scrutiny and procedural rigor in foreclosure litigation, says Andrew McBride and Adams & Reese.
-
What To Expect As Trump's 401(k) Order Materializes
Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.
-
Demystifying The Civil Procedure Rules Amendment Process
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.
-
'Solicit' Ruling Offers Proxy Advisers Compliance Relief
The D.C. Circuit recently found that proxy voting advice does not fall under the legal definition of "solicitation," significantly narrowing the U.S. Securities and Exchange Commission's regulatory power over such advisers, offering stability to the proxy advisory industry and providing temporary relief from new compliance burdens, say attorneys at Sheppard Mullin.
-
Evaluating The SEC's Rising Whistleblower Denial Rate
The rising trend of U.S. Securities and Exchange Commission whistleblower award claim denials represents a departure from the SEC's previous track record and may reflect a more conservative approach to whistleblower award determinations under the current administration, say attorneys at Troutman Pepper.
-
Parenting Skills That Can Help Lawyers Thrive Professionally
As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird.
-
Series
Teaching Trial Advocacy Makes Us Better Lawyers
Teaching trial advocacy skills to other lawyers makes us better litigators because it makes us question our default methods, connect to young attorneys with new perspectives and focus on the needs of the real people at the heart of every trial, say Reuben Guttman, Veronica Finkelstein and Joleen Youngers.
-
Navigating Brazil's Regulations, Incentives For Green Projects
Brazil's evolving environmental regulatory framework and ongoing moves to attract international capital for climate-focused projects may appeal to U.S.-based companies and investors interested in sustainable development — but taking advantage of these opportunities requires careful planning and meaningful stakeholder engagement, says Milena Angulo at Guimarães.