Asset Management Archive » July, 2024

Asset Management - July, 2024

341 articles

• Ackman's New Investment Fund Calls Off Planned $2B IPO
• Wells Fargo Hit With Suit Over Cash Sweep Program
• SEC Settles Reg BI Case Against Calif. Broker-Dealer
• Chancery Goes With Deal Price In Exchange Co. Appraisal
• Ares Rakes Up Nearly $34B For 3rd Direct Lending Fund
• Black Worker Says PBGC Didn't Promote Him Due To His Race
• NYC Fraudster Gets Two Years For Crime Borne Of 'Nastiness'
• Dutch Regulators OK Freshfields-Guided Asset Exchange
• How To Grow Marketing, Biz Dev Teams In A Tight Market
• Del. Justices Reject 'Half-Hearted' Arbitration Bid In Fee Fight
• Mental Health Biz Hits $3.3B Valuation After Funding Round
• Willkie-Led Silver Hill Secures $1.13B For 4th Fund
• Firms Must Justify $1.4M Fee Bid In State Street Settlement
• BakerHostetler, Dechert Steer $2.3B CBIZ-Marcum Deal
• FDIC Moves To Revamp Brokered Deposit Regs In Policy Push
• FTX Users Say Sullivan & Cromwell Must Face Abetting Claims
• 4th Circ. Refuses To Certify Class Of Golf Course Investors
• Atty Teams Wrestle In Chancery Over WWE Merger Suit Pick
• Chancery Rejects Forte-Camac Deal As 'Not Fair' To Class
• Calif. Broker-Dealer To Pay FINRA $1.5M For Excessive Trades
• SEC Sues NC Investment Adviser Over Bogus Guarantees
• Ropes & Gray Adds Partner To Int'l Tax Practice
• AI Dominance In Startup Funding Has Small Biz Concerned
• Activist Investor Demands Against US Firms Spike 9%
• Kirkland Leads Hidden Harbor Capital To $800M Fund Close
• Jarkesy's Impact On SEC Enforcement Will Be Modest
• Why Calif. Courts Are Split On ERISA Forfeited Contributions
• Husch Blackwell Hires UB Greensfelder Partner In St. Louis
• Rock Climbing Makes Me A Better Lawyer
• Katten Adds Mayer Brown Practice Group Co-Chair In Chicago
• Ackman's New Investment Fund Lowers IPO Target To $2B
• Financial Co. To Pay $20M To Resolve DOL Embezzlement Suit
• Truth Social SPAC, Sponsors Battle In Chancery Over Payout
• Virtu Pushes For SEC Crackdown On 'Penny Stock' Listings
• BofA, Citi Among Banks In $80M Deal To End Bond-Rig Suit
• 9th Circ. Axes Limit On DOL Denying Calif. Agencies Grants
• Firm Partners Ask Fla. Court To Toss Investor's Derivative Suit
• 4 Takeaways After Courts Block ERISA Advice Regs
• Magistrate Eyes Cuts To Norfolk Southern Investors' Suit
• Ackman's IPO For New Pershing Square Fund Faces Delay
• SEC OKs Award Of More Than $37M To Whistleblower
• Commonwealth Financial Attacks SEC's 'Staggering' $93M Win
• Kirkland-Led Amulet Closes $1.2B Health-Focused Fund
• Think Like A Lawyer: Dance The Legal Standard Two-Step
• Davis Polk Adds Ex-Simpson Thacher Funds Partner In DC
• Mich. AG Drops Remaining Case Against Carhartt Heiress Atty
• Catching Up With Delaware's Chancery Court
• White Collar Update: 4 Developments To Watch
• ECJ Nixes Swedish Dividends Tax On Foreign Pension Funds
• Remainder Of DOL Fiduciary Regs Blocked In Texas
• EU's Highest Court Upholds Disclosure Law
• Ex-Wells Fargo Director Wins $22M Verdict In ADA Trial
• SEC Sues Banker And Ex-Prosecutor Alleging $1.6M Fraud
• Franklin Says DOJ, SEC Probing Western Asset Management
• Matterport Stockholder Sues In Del. For Books On Merger
• Kinder Morgan Shorted Early Retirement Benefits, Judge Says
• Chancery Questions $3.5M Atty Fee For Failed Proxy Battle
• Tips For Lenders Offering Texas Home Equity Lines Of Credit
• Activist Short Seller Accused Of $16M Securities Fraud
• Winston Structured Finance Co-Chair Joins Reed Smith
• 3 Firms Build Casey's $1.1B Buy Of Fikes Wholesale
• Alston & Bird Grows With Structured Finance Pro In New York
• Taxation With Representation: Wachtell, Polsinelli, Kirkland
• After Jarkesy, IRS Must Course-Correct On Captive Insurance
• Apollo Buys And Merges IGT Gaming, Everi In $6.3B Deal
• Texas Federal Judge Blocks DOL Investment Advice Rule
• Nike Brass Overhyped Sales Strategy, Shareholder Alleges
• NY Jury Convicts Int'l Bank Safe Deposit Box Scammer
• Mr. Cooper Picks Up Flagstar Resi Mortgage Unit For $1.4B
• Ackman Sets $4B IPO Target For New Pershing Square Fund
• Warren Slams Fed Chief For Inaction On Bank Exec Pay
• Hedge Fund Manager Ordered To Disgorge $67M In Profits
• Dissecting Treasury's Call For Input On AI In Financial Sector
• 3rd Circ. Says Service Flub Sinks SEC's Ponzi Scheme Win
• 8 Firms Guide Pair Of IPOs For Health Provider, Airline Giant
• Vanguard Opposes Investors' Cert. Bid In Tax Liability Suit
• Rising Star: Cooley's Matt Smith
• Deals Rumor Mill: Wiz-Google, Daily Telegraph, Medline IPO
• Mass. Court Revives Malpractice Suit Over Late Arbitration
• Manufacturer Dodges Workers' 401(k) Fee Suit, For Now
• SEC Unlikely To Relitigate Loss On Hedge Fund Regs
• Texas Judge Prods MoneyGram Worker's Retaliation Claims
• FDIC's Hill Says Basel Plan Needs New Draft With All Aboard
• Failed Bank, FDIC Continue Fight Over $1.9B Account Claims
• Latham-Led Warehouse Giant Lineage Inks Year's Largest IPO
• PE Firm Ran $37M Ponzi-Like Cannabis Scheme, SEC Says
• Intelsat Insider Trading Claims Don't Connect, 9th Circ. Rules
• 22% Of FINRA Member Firms Join Remote Inspection Program
• Byju's Asks Del. Justices To Undo Lenders' Chancery Win
• Vanta Hits $2.45B Valuation After $150M Funding Round
• Ex-Wells Fargo Director Angles For $32M In ADA Trial
• Navajo Coal Co. Appeals FINRA Arbitration Order In $11M Fight
• Latham, Stevens & Lee Guide Bitcoin Co.'s $365M SPAC Deal
• Weil Guides Close Of Agellus Capital's $400M Debut Fund
• 3rd Circ. Revives Ex-Ricoh USA Workers' 401(k) Fee Suit
• Chancery OKs $6M Deal Recovery After 'Voidness' Ruling
• Rising Star: Kirkland's Mark Boyagi
• Priest Loses Fee Bid After 'Split Baby' SEC Verdict
• Being A Luthier Makes Me A Better Lawyer
• Wilson Sonsini Leads PE-Backed OneStream's $490M IPO
• T-Mobile Plugs $4.9B Into JV With KKR To Buy Metronet
• Nettled Exec Tells Jury Wells Fargo Doesn't Get His Disability
• Lawmakers Agree On Flexibility To Monitor AI In Finance
• Coinbase Renews Plea For Gensler's Private Emails
• Cornell Tells High Court Not To Touch Workers' ERISA Suit
• Labor Dept. ESG Rule May Survive Chevron's Demise
• Indonesian National Admits To $23M Ponzi Scheme
• Reinsurance Biz Secures $1.3B In Latest Capital Raise
• Lead Like 'Ted Lasso' By Embracing Cognitive Diversity
• Arbitrator On Pain Meds Didn't End Dispute, Ga. Panel Says
• 4 Firms Guide SPAC Mergers Targeting AI, Cannabis Sectors
• Rising Star: Davis Polk's Sijia Cai
• Plantronics Investors Ink $29.5M 'Channel Stuffing' Sales Deal
• Wells Fargo Flouted Director's Dignity, Jury Told In ADA Trial
• Uber, Investors Ink $200M Deal To End 'Train Wreck' IPO Suit
• Goodwin Guides Bregal Sagemount's $500M Fund Close
• Boston Fund Can't Duck SEC's Unregistered Dealer Case
• Catching Up With Delaware's Chancery Court
• AI-Focused Velocium To Go Public Via $445M SPAC Merger
• Litigation Funder Sues Wyoming Co. With Same Name
• American Airlines ESG Ruling Could Alter ERISA Landscape
• Fried Frank, Skadden Steer $2B Sale Of Dover's ESG Biz
• Rising Star: Goodwin's Lynette Elam
• SEC Launches Multiagency Fraud Council
• Class Seeks $1.5B Settlement In Payday Loan Dispute
• Heartland Investor Looks To Block $2B UMB Bank Takeover
• SEC Sues Brokers Linked To Alleged $112M Truck Co. Fraud
• Investors Want Merrill, UBS Back In $364M Libor-Rigging Suit
• 3 Atty Takeaways On How AI Affects Employee Benefits
• FTC Eyes Mid-Nov. Texas Hearing Against Mattress Merger
• NY Life Workers' $19M ERISA Deal Gets Final Approval
• 12 Firms Guiding IPO Quartet Projected To Exceed $5B
• Two Class Atty Teams Challenge EngageSmart Deal In Del.
• Less Strict Standard Should Apply In 401(k) Suit, Judge Says
• Chancery Keeps Masimo Meeting Date, Speeds Up Politan Suit
• Taxation With Representation: A&O Shearman, Gibson Dunn
• Rising Star: Latham's Oliver Prakash-Jenkins
• Nelson Mullins Gains Md. Estate Atty From Baker Donelson
• Cooley, Latham Lead Biotech Firm Artiva's Upsized $167M IPO
• Gemini, IRA Biz Settle Fraud Case Over $36M Crypto Hack
• DaVita To Pay $34M In Medicare Kickback Whistleblower Suit
• 5th Circ. Remands ESG Rule Row Citing Chevron's End
• 4 Men Cop To $2M 'Instant Deposit' Robinhood Fraud
• Chancery Awards $6M Stockholder Atty Fee In Moelis Suit
• LPL Reaps Benefits From Forced Cash Sweep, Suit Says
• Feds Collar Would-Be 'Smart Ring' CEO For Investor Fraud
• Ukraine Businessman Looks To Arbitrate $1B Gramercy Suit
• 6 Firms Steer Latin American Airline Giant's $533M IPO Plans
• Atty Says Golf Malpractice Row Already Ran Its Course
• Ocugen Execs Hit With Derivative Suit Over Shoddy Controls
• Moody's Says White Ex-Director's Depo 'Fatal' To Bias Suit
• NJ Ex-Broker-Dealer Indicted In $3.4M Insider Trading Scheme
• Cozen O'Connor Targets Penny Stock Co. CEO For Legal Fees
• Another Enphase Investor Suit Claims Execs Hid Slow Growth
• Mixed Results Greet 2 IPOs For Hospital Giant, Insurance Firm
• Cyber Incident Response Checklist For SEC Compliance
• Vermont Suit Accuses PBMs Of Price-Fixing
• Pharma Biz Buys Animal Medicine Co. For Up To $520M
• Womble Bond Adds Finance Atty With Latin America Focus
• 6th Circ. Questions If Kellogg 401(k) Claims Can Be Arbitrated
• 2 Rulings Serve As Conversion Fee Warnings For Banks
• Kirkland-Led Calif. PE Firm Secures $1.5B For 3rd Fund
• Ex-HP Worker Revamps 401(k) Forfeiture Funds Suit
• Politan Sues Masimo Over Delayed Board Election Meeting
• SEC's Peirce Calls For Rule Agenda Reset After Court Rulings
• Ex-SEC Lawyer's Fellow Penny Stock Fraudster To Pay $1M
• SEC Says Ex-CEO Of Trump-Tied SPAC Hid Merger Talks
• Off-Channel Comms Top Concern For Compliance Pros
• SEC Awards $37 Million To Whistleblower
• 1st Circ. Affirms SEC's $32M Win Against Investment Adviser
• Nasdaq Seeks To Tighten Delisting Rules Governing SPACs
• Warburg Pincus Pours $100M Into Brazilian Fintech Biz
• Grayscale Rival's False Ad Suit Won't Move To New Court
• Ga. Man Ordered To Pay SEC Over Church Ponzi Scheme
• Chevron Repeal Doesn't Impact Benefits Rule Fight, DOL Says
• Dueling Calif. Rulings Offer Insight On 401(k) Forfeiture Suits
• Ex-Genentech Worker Seeks Revival Of 401(k) Investment Suit
• Hogan Lovells, Saul Ewing Exit Camshaft's, Byju's Ch. 11 Fight
• Bruised SPAC Market Pins Revival Hopes On Veteran Backers
• Haynes Boone Grows Fund Finance Group With NY Counsel
• PE Firms Plug $300M Into Digital Infrastructure Developer
• Now More Than Ever, Lawyers Must Exhibit Professionalism
• Green Dot Brass Hid Declining Biz And Fed Action, Suit Says
• Masimo Accuses Politan Of Deceit In Hostile Takeover
• ​​​​​​​Apollo's $1.85B Mining Co. Deal Sparks Del. Suit For Docs
• Union Fund Trustees Say Elevance Usurped Fiduciary Power
• Florida's 'Mother Teresa' Pleads Guilty To $190M Ponzi Scheme
• Platinum Co-Founder Dodges Prison For Bond Fraud Rap
• Heart-Focused Biotech Closes $260M Series B Funding Round
• Whataburger Wants Out Of Worker's 401(k) Fund Suit
• Former CFPB Counsel Joins Davis Wright In DC
• How To Survive Shareholder Activism
• Ex-CBD Cos. GC Says Owner Hasn't Paid What Deal Promised
• Baker Hughes 401(k) Participant Wants Class Cert.
• Stradley Ronon Hires 2 Corporate Attorneys In DC
• 'Outsourcing' Ruling, 5 Years On: A Warning, Not A Watershed
• Kirkland-Led Blue Owl Buys Atalaya Capital For Up To $800M
• The 2024 Diversity Snapshot: What You Need To Know
• These Firms Have The Most Diverse Equity Partnerships
• Latham-Led Warehouse Giant Launches Potential $3.6B IPO
• Serving In The National Guard Makes Me A Better Lawyer
• Big Business May Come To Rue The Post-Administrative State
• CD&R Tells Del. Court Covetrus Sale 'Fully Informed'
• SEC Pans Database Privacy Challenge As Too Little, Too Late
• Fed's Powell Says He's Not Going Anywhere As Chairman
• Judge Says Attys Must Hash Out Conflict In Twitter Row
• Chancery Finds Truth Social SPAC Should Get Docs
• Gray Reed Helped Water Now CEO In Fraud, Investors Say
• SEC Says German Flouting Discovery In $150M Fraud Probe
• Insurance Groups Want DOL Investment Advice Regs Blocked
• Cigna, Chuck Close Estate Settle Reneged Benefits Suit
• FTX Proposes $4B Settlement Of CFTC's Massive $52B Claim
• B. Riley, Others Sued In Del. After Franchise Group Buyout
• Will Texas Stock Exchange Provide Regulatory Haven?
• Unilever Sells Water Purification Biz To AO Smith For $120M
• Union Fund Asks Justices To Reject Withdrawal Liability Case
• Catching Up With Delaware's Chancery Court
• Health Services Spinoff Leads 3 IPO Launches Totaling $1.1B
• A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates
• TPG Real Estate Buys MHC Portfolio In $740M Deal
• Law360 Names 2024's Top Attorneys Under 40
• 5 Firms Steer Chinese EV Co.'s $1B SPAC Merger
• Apollo Seeks Chancery Toss Of Stockholder Pact Challenge
• Va. Tax Head Upholds Denial Of Resident's Subtraction
• Discount Window Reform Needed To Curb Modern Bank Runs
• American Airlines Pilot Pushes For $16M Win After ERISA Trial
• After Chevron: Creating New Hurdles For ESG Rulemaking
• A Timeline Of Antisemitism Legislation And What It Means
• 7 Gender-Affirming Care Cases To Watch In 2024's 2nd Half
• Litigation Funding 'Abuses' Targeted By Federal Lawmakers
• FINRA's Remote Inspection Pilot Met With Praise, Caution
• Healthcare SPAC Launches $200M IPO To Pursue Acquisition
• Taxation With Representation: Ropes & Gray, Cravath, Latham
• Ex-Greenberg Traurig Atty Joins Holland & Knight As Partner
• CFTC, DOJ Convene 'Pig Butchering' Working Group
• Biden Taps Warren Protege, Ex-CFPB Atty For CFTC Seat
• Tempur Sealy, Mattress Firm Blast FTC's Merger Challenge
• South Korea Looks To Nix $32M Award To U.S. Hedge Fund
• Judge 'Not Moved' By Coinbase's Call For Gensler's Emails
• Expensify Says Suit Over IPO Disclosures, Biden Support Fails
• Calif.'s Insulin Cost Suit Belongs In Fed. Court, 9th Circ. Told
• Chancery Orders Invictus Fund Sides To Provide Case Update
• SPAC Plans To Merge With Online Game Maker In $500M Deal
• States Should Loosen Law Firm Ownership Restrictions
• Biden Taps Cohen Weiss Atty As PBGC Director
• DOL Wants ERISA Investment Advice Regs Kept Afloat
• 50 Years Later, ERISA Remains A Work In Progress
• Deals Rumor Mill: Saudi Aramco, Paramount Global, Carlyle
• Earned Wealth Secures $200M, Buys Peer Thomas Doll
• Ropes & Gray, Paul Weiss Steer Bain's $4.5B Envestnet Buy
• Nasdaq Says It's Immune To SPAC's 'Racial Animus' Claims
• Pledging 'Accountability,' Biden's FDIC Pick Faces Senate Test
• Ellenoff-Led SPAC Raises $200M To Pursue Healthcare Merger
• McDermott-Led H.I.G. Secures $1.3B For 3rd Real Estate Fund
• Archegos Founder Convicted Of $100B Fraud On Wall Street
• 2nd Circ. Won't Rethink Arbitration Denial In ERISA Suit
• House Panel Votes To Nix Biden's Retirement Advice Rule
• SEC Probes NYSE's Bid To Extend SPAC Merger Deadlines
• AMD To Buy European AI Biz In $665M Cash Deal
• Solving Puzzles Makes Me A Better Lawyer
• Boston-Based Firm Clinches 2nd PE Fund With $810M In Tow
• Private Funds Say 5th Circ. Ruling Sinks SEC's AI, Cyber Bids
• Chancery OKs $100K Incentive Fee In $18.8M Class Settlement
• 5th Circ. Presses SEC On Whistleblower Award Calculation
• Yellen Says Customer Due Diligence Proposal Planned For Fall
• Feds Seek 37 Mos. For Tippee In JPMorgan Insider Case
• Dapper Settlement Offers Rules Of The Road For NFT Issuers
• Hospital Operator Leads 2 IPOs Ready To Raise $465M Total
• Texas Ethics Opinion Flags Hazards Of Unauthorized Practice
• Ackman's Pershing Square USA Kicks Off IPO Roadshow
• 5th Circ. Skeptical Of Nixing ESG Rule Despite Chevron's End
• Full 2nd Circ. Urged To 'Correct' Panel's Insider Trading Ruling
• 3rd Circ. Doubts SEC Properly Served Ponzi Scheme Suspect
• Wall Street Watchdog Backs SEC In Texas Crypto Market Suit
• Nasdaq Seeks Tighter Listing Rules On Reverse Stock Splits
• Conn. Asset Manager Offers Grayscale $2M Out For Ad Suit
• Archegos Jury To Mull If $100B Flop A Crime Or Just Failure
• Milbank Taps Ex-CFTC Senior Official From Jones Day
• O'Melveny Names New Leaders, Combines Practice Groups
• In Memoriam: The Modern Administrative State
• Catching Up With Delaware's Chancery Court
• How Reshaped Circuit Courts Are Faring At The High Court
• Breaking Down The Vote: The High Court Term In Review
• The Sharpest Dissents From The Supreme Court Term
• High Court Flexes Muscle To Limit Administrative State
• 5 Moments That Shaped The Supreme Court's Jan. 6 Decision
• The Funniest Moments Of The Supreme Court's Term
• 11th Circ. Affirms Wells Fargo's Win Over Bitcoin Fraud Suit
• Record PE Dry Powder Shows Slowed Exit Activity, Attys Say
• NY Investor Sues In Del. Alleging Costly Misbehavior In PR
• The Firms That Won Big At The Supreme Court
• FTC Wants Second Look At $1.6B CoStar, Matterport Deal
• Cybersecurity Firm Noventiq Kills Plans To List Via SPAC Deal
• 4 Benefits Policy Moves To Watch In 2024's 2nd Half
• CFTC's Pham Says CCOs Must Be Careful With Agency
• First-Of-Its-Kind Chancery Ruling Will Aid SPAC Defendants
• How To Clean Up Your Generative AI-Produced Legal Drafts
• Enviva Execs Individually Escape ESG Investor Action
• NYC Pensions Defeat Challenge To Fossil Fuel Divestments
• California Tribe Sues Over 'Princeology' RICO Scheme
• 5 Argument Sessions Benefits Attys Should Watch For In July
• Canadian IPO Market Remained Largely 'Deserted' In First Half
• After Chevron: Opportunities For Change In FHFA Practices
• Blackwells Loses Bid To See Disney Books On ValueAct
• SentinelOne Beats Investor Suit Over $27M Revision, For Now
• Deals Rumor Mill: Paramount-Skydance, EuroLeague, Hyundai
• Hospitality REIT, Activist Investor To Drop Board Feud
• Deal Reached In Del. Suit Targeting Gores-Backed UWM SPAC
• Supreme Court's ALJ Ruling Carries Implications Beyond SEC
• NBA Marketing Arm Must Face NFT Privacy Suit
• VC Market Relies On AI Funding To Escape Doldrums
• 4 Firms Guide $183M Nano Dimension, Desktop Metal Deal
• Weil Adds Mayer Brown Corporate Partner In New York
• 2nd Circ. ERISA Ruling May Help Fight Unfair Arb. Clauses
• Boxing Makes Me A Better Lawyer
• Even If There's A Better Reading, Follow Arbitrator, 9th Circ. Says
• Harvest Capital Class Ends Chancery Merger Suit For $3.85M
• Steel Co. Escapes 401(k) Mismanagement Suit, For Now
• Asia-Focused SPAC Eureka Raises $50M To Pursue Merger
• Pharma Co. Scores Exit In Investor Suit Over Primate Imports
• Amway Parent Inks $1.5M Deal To End Retirees' 401(k) Suit
• After Chevron: No Deference, No Difference For SEC Or CFTC
• Industry Self-Regulation Will Shine Post-Chevron
• Bond-Rigging Suit Revived Over Judge's Wife's Stock Conflict
• 3 Ways Agencies Will Keep Making Law After Chevron
• After Chevron
• FTC Challenges Tempur Sealy's $4B Mattress Firm Deal
• Justices Skip Highland Capital Ch. 11 Plan Look After Purdue
• GoDaddy Shareholders Balk At Further Chancery Delay
• CFPB, Loan Trusts Push Back On PIMCO Deal Objections
• Wash. Law Firm, Ex-Atty Aided In $20M Fraud, Suit Alleges
• Metals Recycler Strikes $170M Go-Public SPAC Merger
• Justices Told Clarity Needed On Ch. 11 Exculpations
• IPO Rebound Leads Capital Markets Recovery At Midyear
• Chemical Co. Escapes Ex-Workers' 401(k) Fee Suit
• FC Barcelona Media Arm's $1B SPAC Merger Is Scrapped
• Atty Well-Being Efforts Ignore Root Causes Of The Problem
• Catching Up With Delaware's Chancery Court
• Proposed Customer ID Rule Could Cost Investment Advisers
• Simpson Thacher Guides $15.4B New Mountain Fund Close
• Cahill Hires SDNY Vet Who Prosecuted 'Real Housewives' Star