Asset Management

  • May 08, 2026

    SEC Says Firms Ran $26M High-Yield Investment Fraud

    The U.S. Securities and Exchange Commission has sued a financial solutions firm and others in Florida federal court, accusing them of bilking investors out of $26 million by stealing funds that they had promised to invest in high-yield accounts.

  • May 08, 2026

    Disbarred Atty Can't Escape Tax Evasion Case, 2nd Circ. Says

    A disbarred English attorney who assisted the heirs of an American businessman in evading taxation on their inheritance cannot use an "extraordinary" post-conviction remedy to overturn part of the verdict and a $4 million restitution bill, the Second Circuit ruled Friday.

  • May 08, 2026

    White House Defends Pardon Process Following Dem Inquiry

    The White House says it has a "rigorous" review process for pardons following an investigation launched by Democrats into possible corruption.

  • May 08, 2026

    2 Firms Advise On OnlyFans Stake Sale At $3.15B Valuation

    OnlyFans owner Fenix International Ltd. said Friday it has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the company at $3.15 billion, with the transaction aimed at expanding the platform's financial services and creator tools.

  • May 08, 2026

    Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

    A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

  • May 08, 2026

    Covington, Cooley Lead Drugmaker Odyssey's $279M IPO

    Venture-backed biotechnology firm Odyssey Therapeutics began trading publicly Friday after raising $279 million in its initial public offering, making it the latest biotech to hit the public markets over the last few weeks.

  • May 08, 2026

    Panel Revives Fight Over Late Burrito Chain Founder's IRA

    Massachusetts' intermediate-level appeals court Friday revived a dispute over who is entitled to the Charles Schwab individual retirement account of the late founder of Anna's Taqueria, a popular Boston-area Mexican restaurant chain.

  • May 08, 2026

    Catalent Agrees To Pay $78M To Settle Securities Suit

    Catalent Inc. agreed on Thursday to pay $78 million to settle a securities class action from a group of investors who alleged the vaccine manufacturer engaged in accounting and channel stuffing schemes and cut corners on safety to pad its revenues.

  • May 08, 2026

    Eversheds Sutherland Hires Ex-SEC Counsel In DC

    Eversheds Sutherland has hired a 16-year veteran of the U.S. Securities and Exchange Commission as a counsel in its U.S. capital markets and investments practice group.

  • May 08, 2026

    DOL Benefits Chief Warns Of 'Bad Faith' Focus On ESG, DEI

    The top official for the U.S. Department of Labor's employee benefits subagency said at a trade association conference Friday that agency investigations will focus on benefit plan managers' loyalty conflicts, including disloyal pursuits of socially conscious investing or diversity goals.

  • May 08, 2026

    BofA, Merrill Deferred Compensation Suit Kicked To NC

    A suit alleging two Merrill Lynch financial advisers were deprived of their deferred pay belongs in North Carolina, a New Jersey federal judge ruled, siding with the wealth management company's argument that the workers' compensation agreements included a forum selection clause.

  • May 08, 2026

    CrossCountry Raises Bid For Two Harbors To Fend Off Rival

    Two Harbors Investment Corp. said Friday that Ohio-based origination company CrossCountry Mortgage has amended a proposed merger agreement to match a competing $1.3 billion offer to acquire the real estate investment trust from UWM Holdings Corp.

  • May 08, 2026

    Mattel Investor Urges Sale To PE, Toy Makers Or Media Cos.

    A longtime shareholder of toy and entertainment company Mattel says the company would be better positioned for long-term growth under new ownership, including by private equity firms, rivals such as Hasbro, or major media companies.

  • May 07, 2026

    Kalshi Nets $1B Fundraise, Reaches $22B Valuation

    Kalshi, guided by Cooley LLP, announced Thursday that it raised $1 billion for its Series F fundraising round as it reached a $22 billion valuation.

  • May 07, 2026

    2 Firms Guide Payward's $600M Crypto Payments Co. Deal

    Jones Day and Latham & Watkins LLP are steering a deal under which Payward Inc., parent company of crypto exchange Kraken, will acquire financial technology company Reap Technologies Holdings Ltd. in an up to $600 million payable cash-and-stock deal, the parties announced Thursday.

  • May 07, 2026

    Cooley Leads Space Analytics Firm HawkEye 360's $416M IPO

    Space-based radio signals company HawkEye 360 began trading publicly on Thursday after raising $416 million in its initial public offering led by Cooley LLP and Davis Polk & Wardwell LLP.

  • May 07, 2026

    Apis Partners Clinches $1.23B Tech-Focused Funds

    British private equity firm Apis Partners Group Ltd., led by Clifford Chance LLP, on Thursday revealed that it closed its latest funds with a combined $1.23 billion of commitments, which will be used to invest in technology-enabled businesses in the financial infrastructure and services sectors.

  • May 07, 2026

    New PBGC Amicus Program Offers Input On Important Cases

    Litigants involved in benefits cases that involve novel or significant pension-related issues can now ask the Pension Benefit Guaranty Corp. to lodge briefs shedding light on their disputes, the PBGC announced Thursday.

  • May 07, 2026

    Energy, Investment Cos. Ink $2.6M Target-Date Fund Suit Deal

    A public utility company and its 401(k) plan investment adviser agreed to pay $2.6 million to end a class action alleging that underperforming target-date funds dragged down energy company workers' retirement savings, according to the proposed deal filed in Missouri federal court.

  • May 06, 2026

    Texas Panel Weighs Highland Sanctions After $1B Judgment

    A Texas appeals court on Wednesday pressed counsel for several former Highland Capital Management LLP executives to explain why they should get out of a contempt finding, asking what to do with an order compelling each of the executives to pay $500 in sanctions.

  • May 06, 2026

    Boeing Says Fund's Revised 737 Max Fraud Suit Still Doomed

    Boeing has urged an Illinois federal judge to permanently toss a securities fraud suit accusing the company of misrepresenting the safety of its 737 Max 8 jets after two deadly crashes overseas, reiterating that the Massachusetts-based investment fund cannot pursue claims purportedly assigned to it by a defunct assignor.

  • May 06, 2026

    'Drugs Made In America' SPAC Eyes $1B Deal With AI Platform

    Special purpose acquisition company Drugs Made In America Acquisition Corp. has filed plans with U.S. regulators to merge with tech company Power Analytics Global Corp. in a deal with a target enterprise valuation of $1 billion for Power Analytics.

  • May 06, 2026

    Colo. Investor Claims Biz Partners Illegally Transferred Assets

    A manager of a Colorado investment company accused his business partners on Wednesday of violating a business agreement by transferring shares and selling off properties without his required permission.

  • May 06, 2026

    Ametek To Acquire PE-Owned Indicor Instrumentation For $5B

    Industrial technology company Ametek Inc. said Wednesday it has agreed to pay $5 billion in cash for a portfolio of instrumentation businesses from Indicor LLC, a portfolio company of private equity firm CD&R.

  • May 06, 2026

    CellCentric Closes Latest Funding Round With $220M In Tow

    Clinical-stage biotechnology company CellCentric on Wednesday revealed that it closed its oversubscribed Series D financing round after securing $220 million from investors.

Expert Analysis

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • How Bank M&A Prospects Brightened In 2025

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    Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.

  • 3 Securities Litigation Trends To Watch In 2026

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    Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • 2025 Calif. Banking Oversight Centered On Consumer Issues

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    The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

  • The Major Securities Litigation Rulings And Trends Of 2025

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    The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

  • The CFTC's Road Ahead Under Newly Confirmed Chair

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    Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26

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    With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.

  • Del. Dispatch: Key 2025 Corporate Cases And Trends To Know

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    The Delaware corporate legal landscape saw notable changes in 2025, spurred by amendments to the Delaware General Corporation Law, ubiquitous artificial intelligence fervor, boardroom discussion around DExit, record shareholder activism activity and an arguably more expansive view of potential Caremark liability, say attorneys at Fried Frank.

  • Series

    Nature Photography Makes Me A Better Lawyer

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    Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

  • 2025 Brought A New Paradigm For Federal Banking Regulation

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    A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

  • Series

    Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • How CFTC Enforcement Shifted In 2025 And What's Next

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    The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.

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