Thoma Bravo Acquires Logistics Provider WWEX In $5B Deal

By Jade Martinez-Pogue

Technology-focused private equity firm Thoma Bravo on Tuesday unveiled plans to acquire third-party logistics provider WWEX Group from a consortium of investors that includes CVC Capital Partners, and also announced a plan to merge WWEX Group with its existing portfolio company Auctane once the acquisition closes.

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3 Firms Build $3.25B Sale Of MW Components, CPM

By Jade Martinez-Pogue

Private equity shop American Securities on Tuesday announced that it has agreed to sell two of its portfolio companies to U.K.-based Rosebank Industries Plc in a deal that boasts an enterprise value of $3.25 billion and was built by three firms.

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SoftBank-Backed PayPay Launches Plans For $1B IPO

By Sydney Price

Japanese mobile payment app PayPay, a subsidiary of SoftBank Group Corp., said it anticipates a $1 billion initial public offering, represented by Simpson Thacher & Bartlett LLP and underwriters counsel Davis Polk & Wardwell LLP.

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Kirkland-Led O2 Closes 5th Fund With $670M In Tow

By Jade Martinez-Pogue

Kirkland & Ellis LLP-advised private equity shop O2 Investment Partners on Tuesday announced that it wrapped its fifth fund with $670 million in tow.

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Apollo Faces Class Action Over Alleged Epstein Business Ties

By Katryna Perera

Apollo Global Management and its billionaire co-founders Leon Black and Marc Rowan have been hit with a proposed class action in New York federal court alleging they misled investors about the firm's and their individual connections to convicted sex offender Jeffrey Epstein.

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Ex-Truth Social Exec Fights WaPo Defamation Suit Subpoena

By Abigail Harrison

A former executive of Truth Social's parent company told a North Carolina federal court Monday that Trump Media's last-minute bid to depose him in its high-profile defamation lawsuit against The Washington Post is actually a tactic to avoid sanctions in an unrelated lawsuit against him and other major media outlets.

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Monthly Merger Review Snapshot

By Matthew Perlman

The U.S. Department of Justice got its antitrust case against Live Nation and Ticketmaster teed up for trial, as a court continues mulling the department's settlement last year in a case challenging a deal by Hewlett Packard Enterprise, and lawmakers call for scrutiny of Paramount Skydance's blockbuster acquisition of Warner Bros. Discovery.

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Day Pitney Faces DQ Bid Over Ex-Justice's Role In $1.3M Case

By Aaron Keller

Day Pitney LLP should be sidelined from a $1.3 million private equity management company's windup lawsuit because former Connecticut Supreme Court Chief Justice Richard A. Robinson, now a partner at the firm, heard the case before it was earmarked for a new trial, three company owners have argued.

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Produce Co. Employees' ESOP Suit Survives Early Exit Bid

By Hayley Fowler

A North Carolina federal judge has largely kept intact a lawsuit alleging lawyers, private equity firms and their founders conspired to drain a produce company's employee stock ownership plan of its value, trimming just two of the 13 claims from the sweeping complaint.

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How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts

Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.

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Aligning Microsoft Tools With NYC Bar AI Recording Guidance

The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.

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Judge Questions DOJ Stance In ABA's Intimidation Suit

By Jared Foretek

A Susman Godfrey LLP attorney told a district judge that the Trump administration's recent double-reversal on its executive orders targeting law firms proved that attorneys fighting government action face a real and ongoing threat and urged the judge not to toss a suit from his client, the American Bar Association, to end the "Intimidation Policy."

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DOJ Seeks Power To Block State Bar Probes Of Agency Attys

By Jake Maher

The U.S. Department of Justice is seeking to pause and review state-level ethics complaints against its attorneys to combat what the agency called "weaponization" of ethics processes, a proposal that drew concerns from ethics scholars for overstepping states' authorities.

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Analysis

Wheeling & Appealing: The Latest Must-Know Appellate Action

By Jeff Overley

If this month's circuit calendars were a March Madness bracket, we'd struggle to pick the top-seeded showdown. Big Pharma against the False Claims Act, or big business against President Donald Trump's visa fees? A big bank's view of "human life wagers," or en banc review in a State Farm class action?

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Bondi Subpoenaed To Testify On DOJ's Epstein Investigation

By Lauren Berg

The House Oversight Committee on Wednesday voted to subpoena U.S. Attorney General Pam Bondi to testify about the U.S. Department of Justice's investigation into deceased child sex offender Jeffrey Epstein, with five Republicans joining their Democratic colleagues to compel Bondi's testimony.

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Analysis

Trump's FCA Expansion Plan Heightens Compliance Risk

By Sarah Jarvis

In light of the Trump administration's record False Claims Act enforcement haul, companies should be especially mindful of a planned expansion in the scope of enforcement and the false compliance certification risks that may bring, attorneys say.

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SEC, PCAOB Auditor Enforcement Plummeted In 2025

By Sarah Jarvis

Both the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board saw decreases in accounting and auditing enforcement activity in 2025, including sharp decreases in SEC settlements and PCAOB fines for auditing actions.

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Comey, James Urge 4th Circ. To Reject Indictment Revival Bid

By Emily Sawicki

Former FBI Director James Comey and New York Attorney General Letitia James have urged the Fourth Circuit not to revive criminal indictments filed against them last year in the Eastern District of Virginia, arguing they were fatally flawed because they were brought by a federal prosecutor who was not lawfully in that position.

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Appeals Panel Debates NJ's Duty In Prosecutor Ethics Case

By George Woolston

A New Jersey appellate panel on Wednesday weighed whether it was in the state's best interest to represent an assistant prosecutor in an ethics proceeding, questioning how a prosecutor is different from any other attorney called before the disciplinary board.

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