Asset Management Archive » May, 2024

Asset Management - May, 2024

299 articles

• Thrivent Unit To Pay FINRA $325K Over Lax Forgery Controls
• WWE Investor Attys Enter Battle Royal To Lead Merger Suit
• Online Lenders Invoked Calif. Tribe As Usury Cover, Suit Says
• Fla. Judge Won't Nix SEC Suit Over $112M Ponzi Scheme
• Jilted FTX Claim Buyer Sues Crypto Trader In Chancery
• Investor To Admit Goosing Getty Stock With Sham Offer
• Mich. Atty Used Carhartt Heiress As 'ATM,' Jury Told
• White & Case-Led Aramco Unveils $11.9B Stock Offering Plans
• Morgan Stanley Helped Musk's Stealth Twitter Buys, Suit Says​​​​​​​
• Ex-FTX Auditor Must Face SEC's Independence Rules Suit
• Sagard Nets $741M For Debut Senior Lending Fund
• BF Borgers Clients Should Review Compliance, Liability
• Deals Rumor Mill: Aramco, Double Eagle, WeWork
• Ford Settles Union Worker's Retirement Credit Suit
• Trauma-Informed Legal Approaches For Pro Bono Attorneys
• 11th Circ. Backs SEC Win In Trader's Challenge To 'Dealer' Tag
• Forescout Investors Win Class Cert. Over Tanked Sale
• SEC Says Asia-Focused Fund Firm Misled Its Investors
• Split 3rd Circ. Affirms Court's Revision To $10M SEC Deal
• Bankrupt EV Charger Co. Execs Hid Liquidity Woes, Suit Says
• Carhartt Heiress Atty Says He Wanted To Pay Back $15M Loan
• Celadon Execs Seek Toss Of TA Dispatch Chancery Suit
• Benefits Trade Group Urges Changes To New York PBM Regs
• Del. Needs To Urgently Pass Post-Moelis Corporate Law Bill
• Israeli Nanotech Startup, Canadian Biotech Plot US IPOs
• 9th Circ. Affirms Dismissal Of Doctor's Military Bias Suit
• Archegos Jury Gets Glimpse At Founder's Earlier Legal Woes
• 3 Firms Build $627M Take-Private Sale Of Medical Device Biz
• Goldman Sachs Raises Over $20B For Direct Lending Strategy
• Playing Music Makes Me A Better Lawyer
• Three EU Countries Urge Tax Reform To Boost Investment
• Chancery Finds Ex-CEO Owed $79M For Share Lockup Losses
• US Property Insurers See Record Investment Income In 2023
• Catching Up With Delaware's Chancery Court
• Del. Justices Say Interest Includes Prejudgment Interest
• Simpson Thacher Hires US Treasury Alum From Blackstone
• 5 Firms To Steer Pair Of Large IPOs That Could Net $1.8B Total
• How Attys Can Avoid Pitfalls When Withdrawing From A Case
• Cleary, DLA Piper Steer T-Mobile's $4.4B UScellular Purchase
• Insurers Sue To Invalidate DOL ERISA Investment Advice Rule
• FTX Exec Who Acted As Bankman-Fried 'Tool' Gets 7½ Years
• Carhartt Heiress Atty Can't Get Mistrial Over Own Witness
• Petition Watch: Forum Shopping, Monopolies & Gun Safety
• OCC Orders Controls Improvements At Comerica
• House Lawmakers Want New Hearing With FDIC's Gruenberg
• Engineering Co. Mismanaged 401(k) Plan, Ex-Worker Says
• CFTC's Johnson Is Under Consideration For FDIC Top Job
• Biden's Judicial Impact And What's Left On The Wish List
• Off The Bench: NCAA Settles House NIL Class Action
• DC Circ. Says Bainbridge Can't Have Argentina's Building
• ERISA Arbitration Backers See Hope In 2nd Circ. Dissent
• 2nd Circ. Wary Of Deloitte Workers' 401(k) Suit Revival Bid
• NYSE Companies Could Face Heat If Business Focus Changes
• Foley & Lardner Given All-Clear To Exit SEC Suit
• Ace Global Nixes $150M Greenhouse Farming Services Merger
• Big Win For Activist As Full Gildan Activewear Board Resigns
• Using A Children's Book Approach In Firm Marketing Content
• SEC Opens Gate To Ether ETFs, But Firms Await Green Light
• Governance In Focus As ESG Gains Ground This Proxy Season
• 'Not Us At Our Best:' SEC's Top Cop Talks Debt Box Error
• FTX Judge Declines To Undo Ch. 11 Digital Claim Estimation
• Big Banks Hit With Claims Of Turning Man Into 'Money Mule'
• 7th Circ. Unsure VIX-Fix Claims Were Wrongly Tossed
• TRO Against Ex-TD Bank Employees Revised
• Wiz Khalifa Settles Suit Over Cannabis Venture
• Apple Investor Again Seeks Green Light For $490M Settlement
• Ex-Fund Manager Settles SEC's $264M Offering Fraud Claims
• Archegos Witness Admits Lying To Exec Charged In Collapse
• The State Of Play In DEI And ESG 1 Year After Harvard Ruling
• DOL Says 11th Circ. 'Alone' In ERISA Internal Remedy Stance
• 2nd Circ. Ruling Affirms NY Law's Creditor-Friendly Approach
• 2 Oil Trader FCPA Pleas Highlight Fine-Reduction Factors
• Virtual Reality Startup's $150M SPAC Merger Is Scrapped
• American Air Pilots Win Cert. Over 401(k)'s ESG Investments
• Activist Investor Must Face Exxon's Suit Over Proxy Proposal
• Skadden, Latham Lead Specialty Insurer's Upsized $128M IPO
• Binance.US Beats Fla. Regulator's Suspension Order
• Robbins Geller, Motley Rice Seek To Rep Solar Co. Investors
• CBRE Calls Exec's Noncompete Right Fit In A Small World
• Paul Hastings Leads Kayne Anderson Unit's $100M IPO
• Energy Contractor Can't Get Quick Appeal In 401(k) Suit
• Archegos Exec Says Founder Didn't Direct Him To Lie
• Del. Justices Reverse BitGo-Galaxy Merger Suit Dismissal
• Influencer Considerations As FINRA Initiates Crackdown
• Oaktree Assumes Inter Milan Ownership After Missed Payment
• New Crypto Reporting Will Require Rigorous Recordkeeping
• 'Pump-And-Dump' Claims Sputter In 'Disorganized' RICO Suit
• A Comparison Of FDIC, OCC Proposed Merger Approaches
• SC Gov. Signs Earned Wage Access Bill Into Law
• Being An EMT Makes Me A Better Lawyer
• Rakoff Punts Terraform Args Amid Big-Dollar Settlement Talk
• Dallas-Based PE Firm Clinches $285M Fund Above Target
• MetLife Workers Tell 3rd Circ. Higher Premiums Give Standing
• Banks Urged To Vote Out Exxon Leaders Who Sued Investors
• LoanDepot's $3.5M Deal In IPO Disclosure Suit Gets Final OK
• Bankrupt SVB Fights To Keep $1.9B Suit Against FDIC Alive
• PetroSaudi Says $380M Award Feud Close To Resolution
• SEC Fines KeyBank Broker-Dealer Over Reg BI Failures
• NYC Pension Funds Call For 'No' Vote On Musk's Tesla Pay
• Ex-Crypto Co. President Was Deceived And Ousted, Suit Says
• 22 States Tell 11th Circ. Corp. Transparency Act Goes Too Far
• PE Firms Close Separate Funds With Nearly $1.3B Total In Tow
• TotalEnergies Hit With Climate Criminal Complaint In France
• Scale AI Valued At $14B After Series F Round Led By Accel
• SEC Amendments May Launch New Execution Disclosure Era
• Strategic Hiring Was The New Normal For BigLaw In 2023
• The Law360 400: Tracking The Largest US Law Firms
• Cisco Slips Ex-Workers' Suit Over BlackRock Funds, For Now
• 3rd Circ. Revives American Airlines Pilots' Military Leave Suit
• Ex-BlackRock VP Says He Was Fired After Whistleblowing
• TD Bank Ex-Employees Ordered To Back Off Client Contacts
• Transparency Act Violates Constitution, Groups Tell 11th Circ.
• SEC Says Firm Broke Short-Selling Rules During Pandemic
• Archegos Lied To Banks To Obtain Credit Lines, Jury Told
• Investor Group Wants Slowdown On Del. Corporation Law Bill
• DOL, Fringe Benefit Co. Strike Deal In Funds Management Suit
• Ga. Accounting Firm Says UK Fintech Co. Suit Must Be Tossed
• Mitigating Incarceration's Impacts On Foreign Nationals
• Patients Urge 9th Circ. To Deny UBH Petition In Claim Fight
• Catching Up With Delaware's Chancery Court
• Tiny Tweaks To Bank Merger Forms May Have Big Impact
• Fried Frank, K&L Gates Lead $950M Sale Of Transportation Biz
• Co-Head Of Deadlocked $5B Wealth Firm Asks To Dissolve
• 6th Circ. Orders Sanctioned Prison Co. To Pay NLRB Atty Fees
• Simpson Thacher Leads Blackstone In $705M Biltmore Sale
• Feds Say Duo Ran $73M 'Pig Butchering' Laundering Scheme
• Judge Doubts 9th Circ. Ruling Upends VC's Fraud Conviction
• Kirkland-Led Hotpot Chain Sizzles In US Listing Debut
• Kohl's Directors' Aversion To Sale Was Self-Serving, Suit Says
• Koch-Tied Group Says Transparency Law Offends Federalism
• Cantor, Lutnick Strike Deal With Window SPAC Investors
• Winston & Strawn Leads Asia-Focused SPAC $100M IPO
• TD Bank Says Ex-Advisers Enticed $25M To Raymond James
• Blackstone Leads $7.5B Financing For AI-Focused CoreWeave
• Convicted Insurance Mogul Says He'll Trim Empire
• Carhartt Heiress's Atty Stole Millions, Jury Told
• 3rd Circ. Revives Wesco Retirees' ERISA Fee Case
• Deals Rumor Mill: Shein IPO, Kraft Heinz, Cinven-Jaggaer
• IQVIA To Pay $3.5M To Resolve Ex-Workers' 401(k) Suit
• DOL Unveils Long-Delayed Abandoned Retirement Plan Rules
• SEC Adopts Rules For Uncovering, Reporting Data Breaches
• Exploring An Alternative Model Of Litigation Finance
• No Relief For Struggling SPACs Under Buyback Tax Proposal
• Ex-Execs Accuse Truist Of Hijacking Control Of Mortgage Unit
• C3.ai Shareholder Sues In Del., Citing Baker Hughes Pact
• Top Linklaters Attys See PE Rebound In Run-Up To Elections
• US Must Produce Emails Between IRS Managers, Docs Leaker
• 3 Firms Assist As AIG Sells $3.8B Corebridge Stake To Nippon
• Lithuania PM Wants Frozen Russian Assets To Help Ukraine
• Bolt Financial Cancels $37M In Shares To End CEO Loan Suit
• 'Uber Files' Scandal Can't Prop Up Investor Suit, Judge Says
• Del. Justices Ask: Do Attys Get Thinner Slice Of $1B Dell Pie?
• Lawmakers Move To Kill DOL's ERISA Fiduciary Regs
• Chancery Orders $199M Penalty In TransCanada Deal Suit
• Chinese Art Marketplace, EV Co. Ink SPAC Deals Worth $834M
• Ex-FTX Exec Seeks Leniency, Saying He Was Kept In The Dark
• Teaching Yoga Makes Me A Better Lawyer
• TPG, Hassana Craft $1.5B Partnership For Climate Fund
• Archegos Ex-Accountant Tells Jury Of 'Vendetta' Inside Fund
• Securities Firm Cuts Deal To End Age Bias Suit
• FINRA Official Calls Off-Channel Flags 'Shockingly Common'
• SEC Fines Adviser For Undisclosed Movie Financing Deal
• Conn. Retaliation Suit Advances After Justices' Title VII Ruling
• Couple Attacks Chase's 'Pack Of Lies' In $20M Loss Case
• Cannabis Co., Wrigley Heir Settle $7M Investor Suit
• New Ruling Aids In-Court 401(k) Suit Bid, DOL Tells 6th Circ.
• 7th Circ. Seems Wary Of Jurisdiction Over Union Fund Misuse
• FalconPoint Plugs $250M Into Infrastructure Solutions Biz
• Fla. Man Get 13 Mos. For Trading On Goldman Insider Info
• A Vision For Economic Clerkships In The Legal System
• Asset Manager Exemption Shifts May Prove Too Burdensome
• White & Case-Led Saudi Hospital Giant Prices $764M IPO
• Pay-To-Play Deal Shows Need For Strong Compliance Policies
• Online Education Biz To Go Public Via $135M SPAC Merger
• Bankruptcy Courts Have Contempt Power, Del. Case Reminds
• TrueBridge Amasses Over $1.6B Across 5 VC Funds
• SEC, FinCEN Propose Money Manager Customer ID Rule
• SPAC Investor Says Insiders Overvalued Satellite Co. Deal
• Online Slot Machine Co. Games Global Scraps $254M US IPO
• Judge Says Bold, Italic Font Muddies Allbirds Investor Suit
• Corp. Transparency Act An Overbroad Dragnet, 11th Circ. Told
• A Look At New IRS Rules For Domestically Controlled REITs
• Specialty Insurer, Hotpot Restaurateur Heat Up IPO Plans
• CFTC Sues Over $161M Cattle Ponzi Scheme After SEC Deal
• 7 Effects Of DOL Retirement Asset Manager Exemption Rule
• 11th Circ. Says Ga. County's Trans Health Ban Violates Title VII
• Catching Up With Delaware's Chancery Court
• Standardizing Early Case Appraisal In Securities Class Actions
• Justices Won't Touch Insurer's Win In 401(k) Exit Fee Suit
• Archegos Boss Blew $36B, But It Was His To Lose, Jury Told
• EV Startup Says California Settlement Covers Stockholder Suit
• Zeekr's US Debut Could Spur More IPOs From China
• Okla. Tells Justices 10th Circ. Wrong On PBM Law
• Del. Ruling Highlights M&A Deal Adviser Conflict Disclosures
• Deal Reported In Union Production Workers' Benefits Fight
• Altman's Nuclear Fission Biz Fizzles After SPAC Deal Closes
• E-Discovery Quarterly: Recent Rulings On Text Message Data
• Prudential Investor Attys Seek $9M Fees For Settlement
• What To Know About Biden's ACA Nondiscrimination Rule
• What CRA Deadline Means For Biden Admin. Rulemaking
• Benefits Groups Urge High Court To Take Up AT&T 401(k) Suit
• 5th Circ. Upholds SEC Proxy Rule On ESG Disclosures
• Digital Platform Xtribe To Go Public Via $141M SPAC Merger
• Printing Co. To Pay $1.2M To End 401(k) Fee Suit
• Hedge Fund Manager Says Partner Cut Him Out Of Company
• Davis Polk, Simpson Thacher Drive EV Maker's $441M IPO
• SEC Sues 3 Penny Stock Firms Over Failure To Register
• Attys Want $102M In Fees In Stock Loan Antitrust Deal
• 9th Circ. Revives Northrop Retirees' Putative Class Action
• Chinese Tycoon In $500M Debt To Investors To Be Released
• Skadden-Led Firm Nets $250M In May's Second SPAC Listing
• Rail Co. Accused Of Retaliation Over FMLA Use
• Masimo Makes Offer To End Activist Politan's Proxy Contest
• TPG Lands Nearly $8B Across 3 Asia-Focused Funds
• FICO Blasts Discovery 'Sideshows' In VantageScore Suit
• Okla. Law Curbing Anti-Oil Pension Fund Investments Blocked
• Designer, Hotelier Sued For Allegedly Duping EB-5 Investors
• Bain Capital Plugs $250M Into Professional Services Firm
• Brightstar Capital Scores Slot Machine Supplier In $1.1B Deal
• Concord Won't Increase 'Final' $1.5B Bid For Rival Hipgnosis
• Mayer Brown, Latham Steer Proficient Auto's $215M IPO
• Hawaii Utility Seeks Exit From Shareholder Suit Over Maui Fire
• DLA Piper, Cooley Lead Software Firm Silvaco's $114M IPO
• ESOP Trustee Can't Ax Suit Claiming $60M Inflated Stock Deal
• Digitex Founder Pleads Guilty To Bank Secrecy Act Violation
• Sens. Call For Revamp Of SEC's Nixed Stock Buyback Rules
• FTX Says Full Recovery Coming Based On 2022 Crypto Price
• Truth Social Backer's Insider Trading Alibi In Jury's Hands
• Prison Officer Gets 2 Years For Bribes Linked To Rajaratnam
• Japanese Crypto Exchange Coincheck Eyes US Listing In '24
• What's Extraordinary About Challenges To SEC Climate Rule
• Gibson Dunn Adds Ex-Wachtell, Paul Weiss Attys As Partners
• Swimming Makes Me A Better Lawyer
• Apple's $490M Investor Deal Needs 'A Little Bit More Work'
• Astec Inks $13.7M Investor Deal Over Wood Pellet Plant Woes
• Canopy Growth Expands In US With Wana, Jetty Buys
• FINRA Fines Broker M1 Over Short Sale Identification Errors
• NYC Eatery Asks 2nd Circ. To Undo Revival Of Workers' Suit
• Everton Investors Bemoan Soccer Team Sale Amid Fraud Suit
• Ex-Tugboat CEO Can't Reinstate $75M Defamation Verdict
• 6th Circ. Considers Rebooting Crypto Reporting Challenge
• DOL Official Says Expect Pension De-Risking Report Soon
• Key Priorities In FDIC Report On Resolving Big Bank Failures
• A Recipe For Growth Equity Investing In A Slow M&A Market
• SEC Doesn't Have Legal Authority For Climate Disclosure Rule
• Fenwick-Led Cloud Security Co. Raises $1B At $12B Valuation
• Coinbase Operates As Unregistered Broker, Investors Say
• 2nd Circ. Hints At Reviving Suit Against 'Insider' Hedge Fund
• Unclaimed Property Class Action Against Pa. Treasurer Axed
• Amazon Loses Bid To Ship Patent Case From EDTX To Wash.
• FCC Only Commits To Normal Review Of Soros-Audacy Deal
• Bridgewater Fights To Keep Bias Claims Under Wraps
• SEC Should Be Allowed To Equip Investors With Climate Info
• Mass General Eyes Retirement Plan Fee Suit Settlement
• SEC's Grewal Says Self-Reporting Best Bet For No Penalties
• Intel Faces Investor Suit Over Post-Restructuring Losses
• Salesforce Inks 11th Hour ERISA Deal With Up To 50K Workers
• Catching Up With Delaware's Chancery Court
• Titan Of The Plaintiffs Bar: McKool Smith's Courtney Statfeld
• Hedge Fund Asks Legal Tech Co. To Stop Share Issuance
• What Makes Unionization In Financial Services Unique
• Auto Parts Co. Strikes Deal To End Suit Over $1.6B 401(k) Plan
• Cruise Contractors Aim To End $2.8M Union Fund Debt Row
• Gannett Can't Dodge Tax Firm's Defamation Case
• NY Judge Urged To Detain Chinese Tycoon Who Owes $500M
• Sidley Liable For Ex-Partner's Tax Sheltering, Ga. Judge Told
• Chancery OKs Extra Digging Into Trump Media Share Dispute
• Sentencing Delayed For Ex-Fintech Exec In Crypto Case
• SoFi Unit To Pay FINRA $1.1M To Settle Customer ID Claims
• FTC Requests Additional Info On $16.5B Novo-Catalent Deal
• Chancery OKs Record-Breaking $100M Pattern Energy Deal
• How EB-5 Regional Centers Can Prepare For USCIS Audits
• Car Loan Co. Strikes Deal In Employee Stock Valuation Suit
• Stockbridge Real Estate Fund Raises $709M
• Latham, Skadden Grab Spotlight As Large IPOs Surge In April
• Activist Files New Proxy Fight In REIT Takeover Attempt
• 6th Circ. Appears Reluctant To Kick 401(k) Suit To Arbitration
• DOL Hit With First Lawsuit Over New Investment Advice Regs
• Plastic-Film Maker Announces $200M Recapitalization
• FDIC Bank Disclosure Rules Raise Important Questions
• DLA Piper Investment Funds Leader Joins Willkie In Chicago
• Recent Wave Of SEC No-Action Denials May Be Slowing
• Ex-FTX Boss Ryan Salame To Give Up $5.9M Bahamas House
• Recent BigLaw Moves Show Boston Is 'Clearly On The Map'
• Deals Rumor Mill: Coca-Cola, General Mills, MLB's Giants
• Permira Takes Majority Stake In BioCatch At $1.3B Valuation
• Don't Use The Same Template For Every Client Alert
• Sens. Slam UnitedHealth's Security Lapses, Breach Response
• Forex Fraudsters Hid Losses From Investors, Jury Hears
• 5 Benefits Appellate Arguments To Watch In May
• Ex-Cybersecurity Firm CEO Settles SEC Fraud Claims
• Del. Justices Reverse Toss Of $7.3B Inovalon Deal Challenge
• Takeaways From FDIC's Spring Supervisory Highlights
• Dish Agrees To Class Cert. In 401(k) Mismanagement Suit
• Billionaire Energy Co. Founder Sues Booz Allen Over IRS Leak
• Trump's Truth Social Stake Expands To Nearly 65%
• AI Is Top Of Mind For Companies — And Securities Regulators
• PG&E, KKR In Exclusive Talks For Partial Sale Of Power Biz
• Walking With My Dog Makes Me A Better Lawyer