Asset Management Archive » February, 2019

Asset Management - February, 2019

295 articles

• Steelworker Pension Wants Renco To Pay $89M Penalty
• Judge, Not Jury, To Hear Workers' ERISA Suit Against MIT
• Ex-Nikko Execs Fight Bid To Ditch Their Suit Against CEO
• Millennium's $35M Clawback Suit Survives In Del. Bankruptcy
• CFTC Says 21-Year-Old Led A Forex Investment Fraud
• Real Estate Rumors: Apple Hospitality, Columbia, Landmark
• Senate Urged To Ease Investor Rules For Private Offerings
• Atty's Metal Manipulation Claims Are Untimely, 2nd Circ. Says
• Sterling REIT Buys DC Retail Center From Regency For $40M
• Pension Funds Press Utilities To Go Zero-Carbon By 2050
• Kraft Heinz Hid SEC Probe In $16B Stock-Drop, Investor Says
• 2nd Circ.'s Madoff Foreign Clawback Ruling Boosts Trustees
• Ex-Wilmington Trust Execs Can Remain On Bail During Appeal
• Mass Tort Firm Seeks To Strike Class Claims In 401(k) Suit
• OCC Takes Aim At NY Regulator's Fintech Charter Suit
• CFTC Won't Appeal Futures Manipulation Trial Loss
• Ex-Cushman Worker Gets 1 Year For Role In Contract Scheme
• Ocwen Names New GC Amid Ongoing Legal Headaches
• Online Retailer Sues VC For $11M Over Partner's Malfeasance
• Robbins Geller Scores Lead In Nissan Pay Scandal Action
• Intel Plans Seek High Court Clarity On ERISA Filing Deadline
• Pathway Capital, Ore. Pension Fund Form $250M PE Vehicle
• Hong Kong Bars Ex-China Brokerage Exec Over IPO Breach
• Hertz Slams Investors' Last-Ditch Bid To Revive Fraud Suit
• Hughes Hubbard Steers Wipro's $110M HR Biz Sale To Alight
• Smart Contract Coders May Face Aiding And Abetting Risk
• Fund Manager Swindled $10M From Investors, Jury Says
• Credit Suisse Taps New Compliance, Risk Czars
• Windstream Gets Judge's OK To Tap $400M In DIP Funds
• Chemical Co. Sued For Allegedly Abusing Retirement Plans
• Vanderbilt Settles Workers' ERISA Class Action
• Zohar Funds' Debt Agent Approved Over Tilton Objections
• Lenders Say Asset Manager Aided $360M Transmar Scam
• Real Estate Rumors: Neverland Ranch, KLNB, TF Cornerstone
• Chinese Online Brokerage Futu Primes $120M IPO
• Ex-National Lampoon CEO's Partner To Pay SEC $2.87M
• AXA Pays $238M For 831-Room Australian Hotel Portfolio
• IRS To Extend Spinoff Guidance Program Past Original Cutoff
• How A US Discovery Statute Can Affect Cayman Litigation
• Gov't Apathy Toward Prosecutorial Misconduct Is Alarming
• SEC Puts Stop To $3.6M Alternative Investments Scheme
• Wealth Management Co. YieldStreet Gets $62M In Funding
• AT&T Won't Get Redo On Bid To Kill Retirement Plan Fee Suit
• Cornell Workers Fight School's Quick Win Bid In ERISA Suit
• Platinum Trial Delayed At The Last Minute Over 'Medical Issue'
• Nine West's Ch. 11 Plan OK'd After Sweetened Creditor Deal
• Big Banks Fixed Freddie, Fannie Bond Prices, Investors Say
• Crypto Fund Says Investor Lost Right To Inspect Books
• VW Asks Redo In Bid To Ax Bondholder Emissions Fraud Suit
• Investors Can't Bring Tender Offer Suits, Ex-SEC Heads Say
• 4 Amicus Briefs Back Goldman In 2nd Circ. Class Cert. Appeal
• Windstream Files Ch. 11 Following $310M Judgment
• Investment Group Settles DOJ Claims It Favored Visa Workers
• Feds Want Former Och-Ziff Exec's Atty DQ'd In Fraud Case
• Brambles Sells Reusable Plastic Containers Biz For $2.51B
• Ex-American Apparel CEO's $100M Hedge Fund Row Tossed
• Madoff Trustee Can Claw Back Foreign Transfers: 2nd Circ.
• Barclays, Deutsche Oppose Redo Bid In Libor Antitrust Suit
• 4 Things Smaller Banks Can Do To Prep For Libor's End
• Colony Capital Sells Industrial Portfolio To Nuveen For $136M
• Venture-Backed Medical Device Biz Launches $75M IPO
• 2nd Circ. Pension Calculation Fight Has High Stakes For Cos.
• McKinsey Ch. 11 Settlement Adds To Disclosure Conundrum
• Feds Seek $38M In Latest 1MDB Forfeiture Actions
• 3rd Circ. Says Debt Buyer Counts As Collector Under Fed. Law
• State Street May Face SEC Suit Claiming Client Overcharges
• T-Mobile Worker Accuses Fidelity Of 401(k) Kickback Scheme
• Japan's Largest Bank Rife With AML Issues, US Feds Say
• Morgan Stanley Veteran Gets 18 Months For Insider Trading
• Jeweler Laundered Money In $2B Indian Bank Fraud: Probe
• DeVry Reaches $16M Settlement With Directors In Ads Suit
• Pulling Up Stakes: Orrick, McGuireWoods, King & Spalding
• Xerox Fails In Bid To Dodge Fujifilm's $1B Federal Merger Suit
• Firm Must Face Malpractice Suit Over Embezzled Investment
• Real Estate Rumors: Kushner, Tommy Hilfiger, Elon Musk
• WuXi Accused Of Shorting Investors In Go-Private Deal
• Asset Management Group Of The Year: Schulte Roth & Zabel
• 3 Lessons From A Crypto Mock Trial
• Blockvest Reversal Makes Clear That ICOs Are Securities
• Tracing Puerto Rico's Journey Through Bankruptcy
• 5th Circ. Tells Judge To Rein In Chase Wage Class Notices
• HK Regulators Tout 'Front-Loaded' Approach To Tackle Fraud
• Rare Disease Biotech Mereo BioPharma Pulls $70M US IPO
• Revised Deal In GC Cover-Up Case Scores Judge's Final OK
• BNY Mellon Wants Closed Trusts Booted From Tax Fee Suit
• McKinsey Wants Critic's Co. Out Of ANR Ch. 11 Case
• Feds Seek $813M From Convicted Ponzi Schemer
• Ocwen Financial Settles Investment Funds' Stock-Drop Suit
• Bond-Fixing Dispute Belongs In US Courts, Investors Say
• Asset Management Group Of The Year: Paul Weiss
• Fired Markel Execs Hit Company With $77M Pair Of Suits
• Milling Co. Sold Inflated Stock To Pension Plan, Suit Says
• SEC's Plan To Spur IPOs A Boost But Not A Game Changer
• Would-Be Investment Pro Gets 1 Year For Insider Trading
• Ex-Visium Trader Ducks Jail After Rakoff Cites Cooperation
• Credit Suisse Must Face Investors' Risk Management Suit
• Charges Of Bad Market Access Controls End In $625K Fine
• Ex-State Street Exec Decries Evidence Used To Convict Him
• Brown Rudnick Slips Liability In Biz Owners' ESOP Tax Suit
• Anthem Unit Agrees To Settle 401(k) Class Action
• Link REIT Drops $982M On Chinese Shopping Mall
• Give Your Recession Obsession A Break
• Yale Says Lack Of Injury Dooms Workers' Class Cert. Push
• Asset Management Group Of The Year: Fried Frank
• Goldman Shareholders Sue Directors Over 1MDB Scandal
• Emulex Will Likely Dictate Venue For Merger Shareholder Suits
• A Chat With McDermott COO John Yoshimura
• Caesars To 'Carefully Evaluate' Icahn's Calls For A Sale
• When An SEC Settlement Leads To Disqualification By FINRA
• Ex-Barclays Chair In Dark Over Secret Qatar Fees, Jury Told
• US Bank Can't Save RMBS Suit, Keeps 2nd Chance In Another
• Gibson Dunn Close To DQ Bid Toss In Privileged Doc Drama
• SEC Floats Letting All Cos. 'Test The Waters' Before IPOs
• Franklin Templeton Workers Want $14M ERISA Suit Deal OK'd
• Inside The War Between Papa John's And Its Ousted Founder
• Real Estate Rumors: Pablo Peon, KD Sagamore, PineBridge
• Asset Management Group Of The Year: Dechert
• Royal Park Loses 2nd Cert. Try In BNY Mellon MBS Suit
• The Problem With 'Optimal' Diversity
• HIG Closes €673M European Real Estate-Focused Fund
• SEC Can't Ignore State Action On Fiduciary Rules
• McKinsey Pays $15M For Failing To Disclose Ch. 11 Conflicts
• What An Economic Analysis Reveals About ERISA Litigation
• High Court Won't Wade Into USC's ERISA Arbitration Battle
• The $1B Question: Can Puerto Rico Afford Its Bankruptcy Bills?
• Puerto Rico's Law Firms Find Their Footing After Disaster
• Puerto Rico Fed Board Was Illegally Appointed: 1st Circ.
• Sears Creditors May Probe Sale Of $900M In Debt To Cyrus
• Judge OKs $1.2M Deal Ending Fidelity Workers' Wage Suit
• 'Fearless Girl' Artist Sold Unauthorized Statues, TM Suit Says
• Ex-Hedge Funder Avoids More Prison For KIT Digital Fraud
• China Luxury Car Dealer Says Securities Suit Lacks Legal Heft
• 7th Circ. Asked To Revive RICO Suit Against Seyfarth
• Plane Co. Asks Chancery To Break Grip Of Bogus Legal Rep.
• SEC Charges 4 In Elaborate Microcap Stock Fraud
• SEC Nudges Cos. Toward More Robust Diversity Disclosures
• Jurisdiction Key In 2nd Circ.'s Reviving Of US Bank-BofA Row
• Goldman Launches 2nd Appeal Of Class Cert. In 2nd Circ.
• FTC Wants More Info On Boston Scientific's £3.3B BTG Buy
• Ex-Goldman Exec Agrees To Face 1MDB Charges In US
• Sprawling $1B Platinum Case Finally Going To Trial
• SEC's Evidence In Brokerage Fraud Suit Lacking, Judge Says
• Appraisal Arbitrage Dimmed By Delaware Rulings
• Great Eastern Energy Hits Ch. 11 In Del. With $61M Debt
• Real Estate Rumors: UDR, Tribune Media, Knotel
• Industrial Logistics Properties Drops $905M On 2 Portfolios
• Asset Management Group Of The Year: Cleary Gottlieb
• Former Stockbroker Gets 15 Months In Prison In Plea Deal
• Puerto Rico Fed. Board Sues For Island Senate's Financial Info
• FHFA Nominee Backs 30-Year Mortgage, Broader Reform
• Citigroup Class' Attys Spar Over $2.3M Fee In 401(k) Row
• Blockvest's ICO Promo Ruled A Security After Second Look
• Opt-Out Releases Prove Problematic In Aegean Marine Ch. 11
• Kasowitz Benson, Pachulski Can Rep White Eagle In Ch. 11
• Magistrate Tells Court Not To Ax Suit Over Lowe's 401(k) Plan
• Ex-Workers Can't Sue Over $4M Investment Loss: 7th Circ.
• SEC Takes Back Approval Of Clearinghouse Capital Plan
• Aberon Capital Boss Denies $20M Hedge Fund Racket
• Perrigo, Ex-Execs Left 'Financial Bloodbath,' $555M Suit Says
• Elliott Advisors Offers Alternative To $10.1B EDP Takeover
• New Complaint Can't Save Suit Over Gannett 401(k) Plan
• Gene-Editing Co. Cibus Delays IPO, Citing Market Conditions
• Maker-Taker Fees In A Fragmented Equity Market
• NYC Fund Boss Admits To $22M Belize Airport Fraud
• Aegean Marine Fights Pushback Over Ch. 11 Plan Releases
• NYU Workers Fight To Revive $358M ERISA Suit
• Ditech Cleared To Tap $1.9B Ch. 11 DIP Package
• Asset Management Firm CEO Admits $20M Investment Fraud
• TIAA Tells Chancery It Doesn't Owe Earnout In Nuveen Deal
• MoFo, Kasowitz Steer $122M Downtown Brooklyn Loan
• CFTC Publishes 1st Exam Cheat Sheet, Plans More Checks
• Deals Rumor Mill: Flexport, Onex Corp., Nexstar Media
• CFO Pleads Not Guilty To Stealing Ill. Family's Millions
• Norton Rose Steers Banking Co. Starling's $96M Fundraise
• PCAOB Enforcement Actions Decline As Board Faces Change
• Waypoint's $445M Ch. 11 Sale Of Choppers To Macquarie OK'd
• Platinum's Huberfeld Gets 2.5 Years In Bribery Case
• Ex-Goldman Sachs Exec Says Former Partner Owes $1.5M
• Eaton Vance Seeks To Narrow ERISA Suit
• Petrobras, Wells Fargo Securities Deals Rank Among Top 100
• 3 Ways Shareholder Activists Will Shape M&A In 2019
• JAB Lobs $1.7B Offer To Bolster Stake In Cosmetics Biz
• BlueBay Closes $6.8B M&A-Focused Direct Lending Fund
• Wells Fargo Tries To Escape TelexFree Ponzi Scheme MDL
• Robbins Geller Seeks Lead In Kitchen Co. Stock-Drop Suits
• Fresh Takes On Seeking Costs And Fees Under Rule 45
• Investcorp Drops $330M On 8 Apartment Complexes
• Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal
• GE Retirement Plan Participants Want ERISA Suit Kept Intact
• Platinum Exec Can't Halt Trial Over Jury Info Leak Claims
• PE-Backed Lab Supplier, Med Device Co. File IPOs
• BlackRock Units Beat $1.2B Suit Over 'Excessive' Fees
• Robbins Geller Seeks Lead In Action Over Nissan Pay Scandal
• Investor Urges UK Food Delivery Co. Just Eat To Explore Sale
• After Losing Sale Fight, Sears Creditors Seek Speedy Finish
• Schwab Can't Shake Fiduciary Claim In 401(k) Plan Dispute
• CalSTRS Anchors Impactive Capital With $250M Investment
• Judging A Book: Smith Camp Reviews 'Echo Of Its Time'
• Securities Class Action Filings Show No Signs Of Abating
• One Woman's Attempt To Rebuild After Hurricane Maria
• 'Now Is The Real Crisis': Puerto Ricans Struggle For Disaster Aid
• Looking To Start Over, Storm-Tossed Lawyers Land In Fla.
• Madoff Investors Lose $41M Clawback Fight At District Court
• Kasowitz Benson, Pachulski Challenged In White Eagle Ch. 11
• Deutsche Cooperator Skirts Prison In Libor-Rigging Case
• BNY Mellon Moves Charity's Fee Dispute To Pa. Federal Court
• Latham Reps Blank Check Co. RMG On $200M IPO
• Deals Rumor Mill: Nielsen, Addison Lee, Reliance Industries
• 1 Global Notes Ruled Securities, Keeping SEC Suit Alive
• Momentive Disrupts Intercreditor Agreements And Reorgs
• Ex-Union Boss Gets 58 Months For Taking Hedge Fund Bribes
• Agencies Want Fewer Volcker Rule Restrictions
• UK Litigation Roundup: Here's What You Missed In London
• The Role Of Data Analytics In Mass Torts
• In Spite Of Objections, ESL's $5.2B Bid For Sears Approved
• SPAC IPO Market Expected To Stay Strong In 2019
• Platinum Exec Wants Trial Halted Pending Media Leak Review
• Gannett Faces Proxy Fight After Snubbed $1.4B Offer
• Approved Ch. 11 Trust Targets Execs, Firm For Fraud Claims
• Bitcoin Biz-Linked Pump-And-Dump Schemers To Pay $2.3M
• Duke Workers' $10.7M ERISA Deal Gets 1st OK On 2nd Try
• Chamber Opposes Spoofing Case Against Deutsche Traders
• 'The Mooch' Talks Mayhem, Con Law, Lessons From Harvard
• Van Doorne, Simmons & Simmons Steer 240,000-Sq.-Ft. Deal
• Real Estate Rumors: PIMCO, Servcorp, Bell Partners
• Heitman Wraps Up $1.1B Real Estate Fund
• Brexit Triggers $6.3B Net Outflow From UK Equity Funds
• Ex-Linkwell Execs Sanctioned Over Deposition No-Shows
• Solar Co. Broke Deal By Selling Boston Projects, Partner Says
• 2018's Top 5 Activists And Their Biggest Plays Of The Year
• Action Items For Retirement Plan Sponsors In 2019
• Chase Unlikely To Take Hit In Alleged $17M Workspace Scam
• Jefferies Uses New York Law To Escape Texas Investors' Suit
• Homebuilder Says Stock Plan Deals Didn't Hurt Employees
• Atlanta Office Building Trades Hands For $58M
• Sheppard Mullin Lures Morgan Lewis Finance Pro
• Adviser Dodges DeVry Univ. Shareholder's Insider Trading Suit
• Why Proper Document Redaction May Be An Ethical Duty
• Brokers, Advisers Face New State Fiduciary Standards
• Novo Banco Looks To Ax Hedge Fund's Debt Default Suit
• Barclays To Disclose Trader Data In $850M Metals Trading Suit
• Ill. CFO Lived Luxury Life With A Family's Millions, Feds Say
• Fed Says 2019 Stress Tests Will Include Biggest Jobless Jump
• Wall Street Wants Backup To Fight Fraud Targeting Seniors
• Reed Smith Hires Former BNY Mellon Manager, UBS Director
• Feds Resist Judge's Call To Retrace Paul Weiss Libor Probe
• Allstate Asks 7th Circ. To Not Give Defamation Row New Life
• HFF Secures $36.6M To Finance Ohio Warehouse Portfolio
• Late Objections Rankle Judge, Delay Contractor's Sentencing
• Charles Schwab Says 9th Circ. Must Compel ERISA Arbitration
• 'Stars Aligned' To Allow FullBeauty's Breeze Through Ch. 11
• Real Estate Rumors: Klingbeil, CapitalSource, New Mountain
• A Look At FINRA's New 529 Plan Self-Reporting Initiative
• Bernstein Litowitz To Helm Opko Health Pump-And-Dump Suit
• Why I Became A Lawyer: A Refugee's Journey Of Firsts
• Nasdaq, 300 Public Cos. Urge SEC To Update Proxy Rules
• Platinum Affiliates Scoff At 'Heavier' $1B Liquidator Suit
• Ex-Union Leader Deserves 5 Years For Bribery, US Says
• SEC Exams Chief Puts Focus On New Technology, New Firms
• 1st Circ. Ponders 'Possible' Meaning In Fidelity Market Case
• Wells Fargo Escapes TelexFree Ponzi Scheme MDL
• Goldman Tells Chancery Revived Suit Could Open Floodgates
• Puerto Rico Gets Green Light For $18B Sales Tax Debt Plan
• Judge DQs Atty For Man Implicated In $364M Consumer Scam
• Sycamore Under Attack As Nine West Ch. 11 Trial Opens
• Northrop Grumman Seeks Quick Win In ERISA Fee Suit
• Land Development Co. A $350M Ponzi Scheme, Investors Say
• Zohar Defends, Tilton Objects To New Agent In Del. Ch. 11
• Sears Faces Challenges To $5B Sale Plan, Store Closures
• Forex Market Maker, Creator Escape FXCM Class Action
• Calif. Judge Nixes Bid For Convicted VC To Repay $5.5M
• Ex-SEC Senior Counsel, Crypto Expert Joins Seward & Kissel
• 2nd Circ. Lets IBM ERISA Suit Go On Despite Cert Petition
• FullBeauty Wins Quick OK For $900M Ch. 11 Plan
• Papa John's Gets Up To $250M In Starboard Investment Deal
• Deals Rumor Mill: Starboard, Smart & Final, Palo Alto
• Brookfield Buys SoCal Industrial Property For $45.5M
• Keeping PR Strategy Communications Privileged: Part 2
• As Puerto Rico Recovers, Courts Heed Lessons Of Disaster
• Aegean Marine Hit With Suit Over Alleged $300M Fraud
• Idaho Sen. Unveils Outline For Housing Finance Reform
• Indirect Investors May Lose Out Under New Pass-Through Regs
• Eye On ERISA: Q&A With Goodwin Procter's James Fleckner
• 9th Circ. Lifts Injunction On Ex-Paron Exec In CFTC Suit
• Deals Rumor Mill: Delta, Papa John's, Disney
• Nine West Pleads Case For Ch. 11 Plan OK Ahead Of Trial
• Univ. Of Miami Backs Stanford Investor's Clawback Appeal
• Investors Seek $2.74M After Investment Firm's Risky Bets
• UK Litigation Roundup: Here's What You Missed In London
• Indonesian Shipping Giant To Rework $437M Debt Load
• NY Tax Minutes: Wayfair, Executive Budget, Goldman Offshore
• Ascribe Capital Closes Securities-Focused Fund With $825M
• Taxation With Representation: Wachtell, Vinson, Simpson
• Keeping PR Strategy Communications Privileged: Part 1
• The Latest On Defending ERISA Fiduciary Breach Claims