Asset Management

  • June 26, 2026

    'Millennial VC' Says Atty Failure Warrants New Fraud Trial

    A venture capitalist dubbed the "Millennial VC" asked a California federal judge for a new trial on charges he misappropriated $19 million, saying his trial counsel failed him by not considering hiring a forensic accountant to rebut a key government expert regarding the money trails that supposedly enabled wanton misspending.

  • June 26, 2026

    PACER Fees Will Rise To Fund Cyber Defense Upgrades

    The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records systems PACER and CM/ECF, an upgrade it previously said is needed to respond to escalating cyberattacks.

  • June 26, 2026

    Wells Fargo Customers Denied Class Cert. In Cash Sweep Suit

    A California federal judge determined Friday a proposed class of Wells Fargo customers accusing the bank of underpaying interest on cash sweep accounts can't be certified as of now because better inquiries are required into the statute of limitations in each potential member's state of residence.

  • June 26, 2026

    Wash. Healthcare Firm's Ex-CEO Admits To Embezzling $24M

    A former chief executive officer of Washington-based Community Clinic Network has pled guilty to wire fraud in Washington federal court, admitting he drained almost $24.4 million from the healthcare company's coffers, most of which he lost in a series of poor investment decisions.

  • June 26, 2026

    SEC Awards $20M To Securities Fraud Whistleblower

    The U.S. Securities and Exchange Commission has granted an award of about $20 million to a whistleblower for providing a tip to the agency about an alleged sophisticated securities manipulation scheme that led to an investigation, successful enforcement action and settlement.

  • June 26, 2026

    Skadden, Cleary Guide Silver Miner Sinda's $213M IPO

    Silver miner Sinda Ltd. hit the public markets on Friday after raising $213 million in its initial public offering led by Skadden Arps Slate Meagher & Flom LLP and Cleary Gottlieb Steen & Hamilton LLP.

  • June 26, 2026

    Fintech Execs Tell 11th Circ. Token Wasn't Security

    Two former executives at fintech company Hydrogen Technology Corp. have asked an Eleventh Circuit panel to vacate their convictions and sentences, arguing there was insufficient evidence to support the charges that they conspired to manipulate the market for Hydrogen's digital assets.

  • June 26, 2026

    5 ERISA Cases To Keep An Eye On In The Second Half Of 2026

    A U.S. Supreme Court challenge to Intel Corp.'s 401(k) investment lineup tops the list of cases benefits attorneys will be watching this summer and fall, though appeals involving health plan tobacco fees, plan forfeiture spending and a potential Eleventh Circuit precedent shift are also top of mind. Here, Law360 looks at five ERISA cases that attorneys should have on their radar as 2026 rolls on.

  • June 26, 2026

    High Court To Issue Big Decisions In Term's Final Days

    As the U.S. Supreme Court enters the final days of its term, the justices still have several major decisions to issue, including some concerning birthright citizenship, the president's power to remove independent agency officials, transgender athletes and election rules. 

  • June 26, 2026

    11th Circ. Told Loan Program Wasn't Commodities Investing

    An imprisoned foreign currency trader urged an Eleventh Circuit panel Friday to undo a $62 million fraud-related judgment in the Commodities Futures Trading Commission's lawsuit accusing him of misappropriating investor cash, arguing the money was lent to him and he wasn't pooling funds. 

  • June 26, 2026

    Taxation With Representation: Sidley, Paul Weiss, Kirkland

    In this week's Taxation With Representation, Germany's Merck KGaA acquires life sciences tools supplier Bio-Techne Corp., drugmaker AbbVie buys clinical-stage biotechnology company Apogee Therapeutics, and building materials supplier CRH acquires infrastructure products maker Arcosa Inc.

  • June 26, 2026

    3 Firms Steer Cargo Drone Co.'s $800M SPAC Merger

    Autonomous heavy-cargo drone developer Elroy Air Inc. announced Friday it plans to go public through a merger with a blank check company, in a deal that values the business at $800 million and is being steered by DLA Piper, White & Case and Kirkland.

  • June 26, 2026

    Don't Miss It: Sidley, Cooley Steer Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals. Here, Law360 recaps the ones you may have missed, including transactions helmed by Sidley Austin LLP and Cooley LLP.

  • June 26, 2026

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

    The past week in London has seen Michelle Mone sued by PPE Medpro, Broadfield Law sued by the founders of an international aid company, and litigation funder Fortress bring a claim against Edwin Coe and businesses the law firm represented in a cartel claim.

  • June 25, 2026

    CFPB Updates Online Complaint Process To Stem 'Abuse'

    The Consumer Financial Protection Bureau is updating its complaint submission process, including by requiring those who submit complaints online to verify their email address and phone number, in moves that the National Consumer Law Center said aim to discourage complaints against the major credit reporting companies.

  • June 25, 2026

    FDIC Calls For Narrower Resolution Plans, Assessment Cuts

    The Federal Deposit Insurance Corp. on Thursday floated new rules that would significantly scale back its resolution-planning requirements for large banks and slash the banking industry's annual deposit insurance assessment bill by $4 billion, or roughly a third.

  • June 25, 2026

    Ellenoff, Morgan Lewis Lead NuCube's $500M Go-Public Deal

    Nuclear technology business NuCube Energy Inc., valued at $500 million, announced Thursday that it will become a publicly listed company through its merger with blank check company Launch Two Acquisition Corp., in a deal steered by Ellenoff Grossman & Schole LLP and Morgan Lewis & Bockius LLP.

  • June 25, 2026

    Delta Retirees Want Benefits Class Cleared For Takeoff

    Married retirees of Delta Air Lines Inc. asked a Nevada federal court to grant them class certification in a lawsuit alleging the airline shorted them on retirement benefits by miscalculating lump-sum payouts, arguing the proposed class shared enough common ground to warrant the court's sign-off.

  • June 25, 2026

    Fintech Airwallex Valued At $11B After $320M Funding Round

    Airwallex on Thursday announced that its valuation hit $11 billion after it raised $320 million in the latest investor funding round, capital that the fintech firm said will be used to grow its teams, speed up product development across autonomous finance and agentic commerce, and expand infrastructure.

  • June 25, 2026

    Kan. Proxy Adviser Law Blocked For Viewpoint Discrimination

    A Kansas federal judge agreed to block a state law from taking effect amid lawsuits brought by proxy advisory firms Glass Lewis & Co. LLC and Institutional Shareholder Services Inc., which claim the law is unconstitutional and imposes burdensome requirements on issuing recommendations that go against corporate management's wishes.

  • June 25, 2026

    California Trader Admits To $1.3M Securities Spoofing Scheme

    A day trader has pled guilty in California federal court and reached a settlement with the U.S. Securities and Exchange Commission over claims that he defrauded the market and made $1.3 million in ill-gotten gains by orchestrating a spoofing scheme with securities backed by foreign companies.

  • June 25, 2026

    Netflix Urges Justices Not To Disturb 9th Circ. ERISA Docs Ruling

    Netflix urged the U.S. Supreme Court Thursday not to take up a petition from an employee health plan participant who alleged the company failed to provide him access to plan documents in violation of federal benefits law, arguing the Ninth Circuit's ruling in the case should remain in place.

  • June 25, 2026

    White & Case Leads Aerospace Parts Biz's Upsized $919M IPO

    Aerospace engine maker DPC Holdings, known as Doncasters Group, hit the public markets on Thursday after raising $919 million in its upsized initial public offering.

  • June 25, 2026

    Novo Nordisk Gets 401(k) Investment Suit Narrowed

    A New Jersey federal judge dismissed allegations accusing Novo Nordisk of unlawfully keeping underperforming investment options in its employee 401(k) plan, handing the pharmaceutical company a partial win by concluding workers hadn't identified comparable funds that performed significantly better.

  • June 25, 2026

    Ex-SEC Chief Litigation Counsel Joins Norton Rose

    Norton Rose Fulbright has hired the former assistant chief litigation counsel at the U.S. Securities and Exchange Commission's Division of Enforcement, who has moved to the team after working for several years with Arnold & Porter Kaye Scholer LLP.

Expert Analysis

  • Series

    Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • How CFTC Enforcement Shifted In 2025 And What's Next

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    The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.

  • Opinion

    A Uniform Federal Rule Would Curb Gen AI Missteps In Court

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    To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.

  • Investment Advisers Should Stay Apprised Of New AI Risks

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    The U.S. Securities and Exchange Commission's recently issued annual examination priorities reiterate a host of regulatory implications for investment advisers using artificial intelligence tools, highlighting that meaningful ongoing due diligence can help mitigate both operational and regulatory surprises amid AI's rapid evolution, says Christopher Mills at Sidley.

  • AG Watch: Texas Junk Fee Deal Shows Enforcement Priorities

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    Texas Attorney General Ken Paxton's recent $9.5 million settlement with online travel agency website Booking Holdings for so-called junk fee practices follows a larger trend of state attorneys general who have taken similar action and demonstrates the significant penalties that can follow such allegations, say attorneys at Kelley Drye.

  • Series

    The Law Firm Merger Diaries: Integrating Practice Groups

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    Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.

  • Opinion

    Supreme Court Term Limits Would Carry Hidden Risk

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    While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • The SEC Whistleblower Program A Year Into 2nd Trump Admin

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    The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.

  • Key Crypto Class Action Trends And Rulings In 2025

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    As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.

  • Series

    Knitting Makes Me A Better Lawyer

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    Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.

  • Series

    The Biz Court Digest: Welcome To Miami

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    After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.

  • Recent Proposals May Spell Supervision Overhaul For Banks

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    A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.

  • What US Can Learn From Brazil's Securities Arbitration Model

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    To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.

  • AI Evidence Rule Tweaks Encourage Judicial Guardrails

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    Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.

  • Series

    The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

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