Figure Technology Solutions said Wednesday it is acquiring residential real estate lender Kiavi in a $717 million deal that pairs a blockchain-native capital markets platform with an AI-driven mortgage origination engine, with the backing of private credit firm Sixth Street and three law firms advising.
Figure Technology Solutions said Wednesday it is acquiring residential real estate lender Kiavi in a $717 million deal that pairs a blockchain-native capital markets platform with an AI-driven mortgage origination engine, with the backing of private credit firm Sixth Street and three law firms advising.
U.S. Sen. Elizabeth Warren called on the U.S. Securities and Exchange Commission to delay SpaceX's anticipated $75 billion initial public offering until steps are taken to protect investors and market integrity, expressing concerns that the company's books contain "troubling gaps," and the IPO poses "unique and precedent-setting" risk.
Private equity giant Ares Management Corp. revealed Wednesday that it closed its latest closed-end credit strategy above target after receiving $8.5 billion of investor commitments.
Data security company Cyera announced Wednesday that it reached a $12 billion valuation after raising $600 million from investors in its latest funding round, quadrupling the company's valuation over the last 18 months.
Robseek Intelligence Inc. has agreed to go public through a merger with blank-check company QuasarEdge Acquisition Corp. in a deal valuing the AI company at about $1 billion pre-money equity, with five law firms advising across the U.S., China and offshore jurisdictions.
A California federal judge on Wednesday rejected a bid by Altria and Juul to pause antitrust litigation over Altria's past investment in the e-cigarette maker while they appeal the court's grant of certification to classes of direct and indirect Juul purchasers, saying the case is getting "old and stale."
Venture-backed biotechnology firm Parabilis Medicines hit the public markets Wednesday after raising $670 million in its upsized initial public offering.
Houston, Texas-based ERock, which supplies natural gas power systems to data centers, began trading Wednesday after raising $600 million at the midpoint of its range with Gibson Dunn & Crutcher LLP and Davis Polk & Wardwell LLP advising.
The recent California federal court decision in PowerSchool, where Bain Capital was unable to dismiss claims relating to a data breach based in part on Bain's preinvestment activities, is an important addition to the line of cases addressing investor liability for acts of a portfolio company, says Mark Kelley at MoloLamken.
An Indonesian widow is suing Podhurst Orseck PA and one of its attorneys in Illinois federal court, alleging they failed to keep her informed or get her all the money she was entitled to in a $4 million settlement with Boeing over the fatal crash of Lion Air Flight 610.
More litigation boutiques are joining the growing number of firms raising their base salaries for associates, with Kellogg Hansen Todd Figel & Frederick PLLC exceeding the scale Susman Godfrey LLP set earlier this week.
The leader of a group of Massachusetts attorneys who stopped taking court-appointed cases last year over what they say are inadequate hourly rates on Thursday slammed a state inspector general's highly critical report on the state's indigent defense system as "myopic."
The Florida Supreme Court has reinstated the law license of former Trump campaign attorney Kenneth Chesebro after his conviction in Georgia's election interference racketeering case was eventually cleared by a court order invalidating the charge.
President Donald Trump announced on Thursday he's nominating Jay Clayton, U.S. attorney for the Southern District of New York, to be director of national intelligence.
A law firm recently accused of running a volume-driven immigration filing mill claimed in a new lawsuit in Ohio federal court that three attorneys and a TikTok personality orchestrated a social media campaign falsely accusing it of visa fraud as a way to poach its clients.
A suburban Detroit district judge violated court rules by withholding a court-ordered psychological evaluation report and repeatedly mistreating court staff, a retired judge serving as a neutral in disciplinary proceedings found, while rejecting several other claims of misconduct.
A Michigan law firm's bid to toss a proposed class action alleging that it allowed a cybersecurity breach that exposed its clients' personal and medical information was denied Thursday by a federal judge who also granted the lead plaintiff's request to amend his complaint.
