https://www.law360.com/assetmanagement?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Asset Management Copyright 2026 Portfolio Media, Inc. en-US Tue, 26 May 2026 23:24:05 +0000 https://www.law360.com/assetmanagement/articles/2481388?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481388 A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders. Tue, 26 May 2026 22:29:42 +0000 https://www.law360.com/assetmanagement/articles/2481956?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481956 A compliance lawyer convicted at trial for allegedly conning an Emigrant Bank unit out of $20 million by lying about his investment firm's tax lien collateral was sentenced Tuesday in Manhattan federal court to a year and a day in prison for what prosecutors say was a straight-up scheme to steal from a Federal Deposit Insurance Corporation-insured bank.  Tue, 26 May 2026 21:29:55 +0000 https://www.law360.com/assetmanagement/articles/2481859?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481859 Charles Schwab and its investors have urged the Fifth Circuit to affirm a final deal they reached in Texas federal court to conclude an antitrust suit over its merger with TD Ameritrade, arguing among other things that Iowa's attorney general lacks standing to appeal the class settlement. Tue, 26 May 2026 20:53:24 +0000 https://www.law360.com/assetmanagement/articles/2481352?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481352 Quinn Emanuel has filed suit in Washington, D.C., against former Binance CEO Changpeng Zhao, who was pardoned by President Donald Trump last fall, asking the court to enforce an arbitral award of nearly $1.5 million in unpaid attorney fees and other costs. Tue, 26 May 2026 20:29:07 +0000 https://www.law360.com/assetmanagement/articles/2481930?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481930 Government contractor Applied Aerospace & Defense unveiled a targeted $634 million initial public offering steered by Kirkland & Ellis LLP and Davis Polk & Wardwell LLP, with 32.5 million shares priced between $18 and $21, according to a Tuesday statement. Tue, 26 May 2026 18:47:29 +0000 https://www.law360.com/assetmanagement/articles/2482017?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2482017 The Delaware Chancery Court this past week handled a broad mix of cross-border corporate control disputes, merger settlements, startup equity fights, advancement claims and board oversight litigation, while also weighing fallout from high-profile deals involving Microsoft Corp., The Boeing Co. and Nikola Corp. Tue, 26 May 2026 17:56:59 +0000 https://www.law360.com/assetmanagement/articles/2481781?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481781 Gas engine maker Innio is seeking a valuation of up to $20.3 billion in an initial public offering guided by Latham & Watkins LLP and Milbank LLP that's set to price amid interest in companies supporting the infrastructure for artificial intelligence technology. Tue, 26 May 2026 16:50:46 +0000 https://www.law360.com/assetmanagement/articles/2481809?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481809 Quantum computer developer Quantinuum on Tuesday unveiled plans for an estimated $1 billion initial public offering led by Latham & Watkins LLP and Davis Polk & Wardwell LLP. Tue, 26 May 2026 14:52:56 +0000 https://www.law360.com/assetmanagement/articles/2481871?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481871 Swiss quantum security firm Terra Quantum AG on Tuesday announced plans to go public by merging with special purpose acquisition company Axiom Intelligence Acquisition Corp. 1 in a deal built by six law firms that boasts an equity value of $3.5 billion. Tue, 26 May 2026 12:38:46 +0000 https://www.law360.com/assetmanagement/articles/2481810?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481810 A Second Circuit judge on Tuesday questioned a Manhattan federal judge's decision to deny bail to prolific cooperator Jona Rechnitz while he appeals a five-month sentence for facilitating bribery inside the New York Police Department and in a law enforcement union, saying the lower court appeared "annoyed" when bail was mentioned. Tue, 26 May 2026 10:29:53 +0000 https://www.law360.com/assetmanagement/articles/2479987?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2479987 The U.S. Supreme Court on Tuesday turned down a Teamsters retiree's bid for review of the dismissal of his proposed class action alleging that union multiemployer plan trustees and advisers allowed risky investments and hefty plan management fees, leaving in place a Second Circuit decision from November. Mon, 25 May 2026 20:01:25 +0000 https://www.law360.com/assetmanagement/articles/2470226?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2470226 This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026. Fri, 22 May 2026 21:39:53 +0000 https://www.law360.com/assetmanagement/articles/2481395?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481395 The Federal Deposit Insurance Corp. on Friday issued a proposed rule to codify that stablecoin issuers under its supervision must comply with anti-money laundering, Bank Secrecy Act and sanctions requirements and to bolster the FDIC's coordination with the Treasury Department's illicit finance regulators. Fri, 22 May 2026 20:32:55 +0000 https://www.law360.com/assetmanagement/articles/2481391?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481391 First Carolina Financial Services on Friday filed plans to go public on the New York Stock Exchange through an initial public offering steered by Skadden Arps Slate Meagher & Flom LLP and Troutman Pepper Locke LLP. Fri, 22 May 2026 19:16:34 +0000 https://www.law360.com/assetmanagement/articles/2481154?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481154 The International Brotherhood of Teamsters has asked an Oklahoma federal court to toss a lawsuit claiming that a former employee for a local branch of the union was stiffed on overtime and severance pay, arguing that the suit falls short in stating a claim against the international union. Fri, 22 May 2026 18:49:10 +0000 https://www.law360.com/assetmanagement/articles/2481082?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481082 Counsel for The Boeing Co. urged the Delaware Chancery Court on Friday to dismiss a stockholder derivative suit accusing its leadership of ignoring years of safety and manufacturing red flags, arguing the company's board had overhauled its oversight systems after the fatal 737 Max crashes and monitored risks leading up to an Alaska Airlines door-plug blowout. Fri, 22 May 2026 17:32:03 +0000 https://www.law360.com/assetmanagement/articles/2481169?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2481169 The former wives of two insurance mogul brothers have sued Nelson Mullins Riley & Scarborough LLP for $2 billion, claiming a partner there set up the couples' estates while quietly conspiring with the brothers to shield marital assets from the wives in the event of divorce. Fri, 22 May 2026 15:49:37 +0000 https://www.law360.com/assetmanagement/articles/2477996?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2477996 Three recent appellate decisions that considered artificial intelligence in the context of attorney-client privilege protections illustrate that taxpayers and tax practitioners alike must consider the pertinent facts on a case-by-case basis, with particular attention to confidentiality, disclosure risk and system design, say attorneys at Morgan Lewis. Fri, 22 May 2026 11:33:45 +0000 https://www.law360.com/assetmanagement/articles/2480969?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2480969 The past week in London has seen Napster sued by a music royalties company, White & Case LLP and Laytons LLP targeted in a claim by a property developer, a short-term lender pursue legal action against law firm Rainer Hughes and its former founding partner following his strike-off for money laundering offenses, and the administrators of London Bridging sue the founder of collapsed Market Financial Solutions. Here, Law360 looks at these and other new claims in the U.K. Thu, 21 May 2026 23:26:31 +0000 https://www.law360.com/assetmanagement/articles/2480946?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/assetmanagement/articles/2480946 A former U.S. Securities and Exchange Commission financial economist testified Thursday in the criminal securities fraud case against Citron Research founder Andrew Left, telling a California federal jury that allegedly deceptive tweets posted by the "activist investor" clearly had a "statistically significant" impact on companies' stock prices.