Asset Management Law360 provides breaking legal news and analysis on the asset management industry. Coverage includes litigation, policy developments, and corporate deals involving investment firms, mutual funds, hedge funds, bond funds, pension funds, and real estate investment trusts.

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Latest News in Asset Management

• February 17, 2026

  SPAC Sponsor Execs Kept $29M Biz Breakup Fee, Suit Says

  A blank check company sponsor linked to energy giant Nabors Industries is facing investor allegations that its brass unfairly laid claim to a $29 million settlement sum despite missing a deadline to merge with another company.

• February 17, 2026

  Boeing, Ex-CEO Escape Fund's 737 Max Fraud Suit

  An Illinois federal judge on Tuesday tossed a securities fraud suit accusing Boeing of misrepresenting the safety of its 737 Max 8 jets after two deadly crashes overseas, saying a Massachusetts-based investment fund cannot pursue claims purportedly assigned to it by a defunct assignor.

• February 17, 2026

  CFIUS Initiative May Smooth Way For Some Foreign Investors

  A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

• February 17, 2026

  Providence Health Inks $43M Deal In 401(k) Forfeiture Suit

  Providence Health & Services has struck a nearly $43 million deal to end a suit claiming the company used forfeited cash from its retirement plan to fund its employer contributions instead of plan expenses covered by workers, an agreement that stands to benefit 200,000 class members.

• February 17, 2026

  11th Circ. Urged To Affirm No Tax Refund For Fund Exec's Jet

  A Florida federal court correctly denied a $1.9 million tax refund to a hedge fund manager who claimed a business deduction for wear and tear on his jet, the U.S. told the Eleventh Circuit, saying he made his argument for the tax break too late.

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