Asset Management

  • April 24, 2026

    Funeral Co. To Pay $2M To Resolve Workers' 401(k) Fee Suit

    A funeral services provider will pay $2 million to settle a class action claiming it cost employees millions in retirement savings by loading its 401(k) plan with expensive funds and lofty administrative costs, according to a Friday filing in Texas federal court.

  • April 24, 2026

    GPGI Faces Suit Over Nevada Reincorporation

    A GPGI Inc. investor has filed suit in Delaware seeking to challenge the company's planned move to Nevada, saying the reincorporation — part of a wider trend of companies weighing exits from Delaware — would benefit insiders while limiting stockholders' ability to pursue claims tied to earlier transactions.

  • April 24, 2026

    Bank Asks 2nd Circ. To OK Fed-Blocked Mortgage Program

    Canandaigua National Corp. has urged the Second Circuit to overturn a Federal Reserve Board decision that denied the community bank's request to introduce a cash guarantee program for homebuyers, arguing the agency wrongly treated the plan as off-limits under what the company called an outdated legal view that banks should not own real estate.

  • April 24, 2026

    Jane Street Slams Terraform's Insider Trading Claims

    Jane Street is looking to escape a lawsuit accusing it of trading on insider information ahead of the collapse of cryptocurrency company Terraform Labs, telling a New York federal judge that it shouldn't have to "foot the bill" for a fraud that Terraform itself committed.

  • April 24, 2026

    Big Banks Say Investors' Beefed-Up Tricolor Claims Still Fail

    JPMorgan, Barclays and Fifth Third doubled down on their bid to dismiss an investor suit accusing them of facilitating an alleged auto loan fraud by Tricolor Holdings, saying they were also blindsided by Tricolor's actions.

  • April 24, 2026

    Data Center Builder Csquare Confidentially Files IPO Plans

    Private equity-backed data center builder Csquare on Friday revealed that it has filed confidential plans with the U.S. Securities and Exchange Commission for an upcoming initial public offering.

  • April 24, 2026

    After SEC's EDGAR Restrictions, Shareholders Launch POE

    Shareholder advocacy group As You Sow said Friday it has launched a new database that allows shareholders to publicly post exempt solicitations related to their shareholder proposals after a U.S. Securities and Exchange Commission policy reversal this year.

  • April 24, 2026

    Kirkland-Led Waterland Secures €4.6B Across 2 New Funds

    European private equity shop Waterland, advised by Kirkland & Ellis LLP and Loyens & Loeff, on Friday revealed that it wrapped its two latest funds after securing a total of €4.6 billion ($5.4 billion) in capital commitments.

  • April 24, 2026

    Ex-Intel Workers Urge Justices To Revive 401(k) Fund Suit

    Former Intel employees urged the U.S. Supreme Court to revive their suit alleging their employee 401(k) savings were dragged down by underperforming investments, arguing the Ninth Circuit's requirement that allegations of subpar funds also include a meaningful benchmark for comparison didn't align with federal benefits law.

  • April 24, 2026

    Nuclear Reactor Developer X-Energy Prices Upsized $1B IPO

    Shares of X-Energy, a developer of nuclear reactors and fuel technology, began trading Friday after the company raised $1 billion in an upsized initial public offering advised by Latham & Watkins LLP and Skadden Arps Slate Meagher & Flom LLP.

  • April 24, 2026

    DOJ Ends Powell Probe, Clearing Way For Warsh Vote

    The U.S. Department of Justice said Friday that it is dropping its criminal investigation into Federal Reserve Chair Jerome Powell, a reversal that has cleared a path for the U.S. Senate to confirm President Donald Trump's pick to succeed him.

  • April 24, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen a Hong Kong company sue the government and a COVID-19 PPE company linked to Tory peer Michelle Mone, an oligarch bring a fresh claim against a rival in a long-running feud, a rugby league club sue over a canceled mass dance event, and Visa and Mastercard hit with legal action from H&M, Eurostar, and Bang & Olufsen. Here, Law360 looks at these and other new claims in the U.K.

  • April 23, 2026

    Cathay Bank Says Macquarie Hid $100M DTG Rival Acquisition

    Cathay Bank sued Macquarie's asset management arm and the former executives of recycling company DTG Enterprises in Washington federal court Wednesday, claiming they tricked lenders into backing a $540 million buyout by misrepresenting DTG's financial viability and concealing a plan to acquire its largest competitor for $100 million.

  • April 23, 2026

    FDIC Sees Surging Growth In Bank Lending To Nonbanks

    The Federal Deposit Insurance Corp. said that bank loans to private equity, private credit and other nonbanks reached $1.4 trillion last year, identifying it as the fastest-growing category of lending for banks since the 2008 financial crisis.

  • April 23, 2026

    FTC Cuts Deal To End Anesthesia Group Rollup Case

    The Federal Trade Commission reached an agreement Thursday to settle its case accusing U.S. Anesthesia Partners Inc. of monopolizing the Texas anesthesia services market by purchasing most of the competing anesthesia practices in the state.

  • April 23, 2026

    Meijer Escapes Most Claims In Tobacco Fee ERISA Suit

    A Michigan federal judge significantly narrowed a proposed class action that accused Meijer Inc. of charging employees an illegal health plan fee for using tobacco, ruling Thursday that the shopping center company complied with federal benefits law by giving workers a six-month window to dodge the full charge.

  • April 23, 2026

    Senators Seek Oversight Of DOL Benefits Agency Probes

    A pair of Republican senators introduced legislation that would require the U.S. Department of Labor's employee benefits arm to give Congress more information about its enforcement efforts, an action lawmakers say is necessary to ensure investigations are conducted in a timely manner.

  • April 23, 2026

    Burtech's 2nd SPAC Eyes $100M IPO To Launch Deal Hunt

    A blank-check company targeting industries such as hospitality, technology and real estate to raise up to $100 million in an initial public offering advised by Loeb & Loeb LLP, Norton Rose Fulbright LLP and Ogier.

  • April 23, 2026

    T-Mobile Tie-Up, Boots IPO Among Week's Top Deal Rumors

    Deutsche Telekom AG could merge with its American arm T-Mobile to create a global phone giant, digital bank Revolut envisions a $200 billion valuation for its potential initial public offering in 2028, and the owners of U.K. pharmacy chain Boots consider a public offering of their own. 

  • April 23, 2026

    Dechert Leads StepStone On $1.58B Credit Fund

    Dechert LLP-led private investment firm StepStone Group Inc. on Thursday revealed that it wrapped fundraising for its second credit fund well above target after securing $1.58 billion in commitments.

  • April 22, 2026

    Citizenship Questions Can't End Fraud Suit Against SL Green

    A New York federal judge on April 22 refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property transfer scheme in order to dodge a nearly $13 million judgment, ruling that allegations regarding the plaintiff's citizenship at the time it filed suit will have to be resolved later.

  • April 22, 2026

    StoneTurn Hires Ex-SEC Enforcement Accountant As Partner

    StoneTurn announced Wednesday that it has hired a new partner with 15 years of experience at the U.S. Securities and Exchange Commission, including as a forensic accountant in the agency's enforcement division.

  • April 22, 2026

    $16B YPF Argentina Feud Will Go To Arbitration

    Investors in Argentina's largest oil and gas exploration company confirmed to a New York federal judge Tuesday that they will pursue arbitration in their $16 billion fight with the country, and are now seeking permission to use discovery obtained in the case in the parallel claim.

  • April 22, 2026

    2nd Circ. Amends Revival Of Mortgage-Backed Securities Suit

    The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under federal benefits law in a proposed class action that the appellate court revived in March against Wells Fargo and Ocwen.

  • April 22, 2026

    Lime Rock New Energy Clinches 2nd Fund With $640M In Tow

    Private equity shop Lime Rock New Energy, advised by Morgan Lewis & Bockius LLP, on Wednesday revealed that it has closed its second fund above target after securing $640 million of commitments.

Expert Analysis

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • How Cos. Can Prep For Tightened Calif. Data Breach Notices

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    Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • TikTok Divestiture Deal Revolves Around IP Considerations

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    The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.

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