/assetmanagement?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Asset Management Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Thu, 28 Aug 2025 13:25:37 +0000 /assetmanagement/articles/2381203?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381203 A compliance lawyer convicted of pilfering from a $20 million line of credit that a subsidiary of Emigrant Bank extended to his tax-lien business has asked a Manhattan federal judge to order a new trial, arguing that prosecutors' evidence is insufficient and that the charges were "multiplicitous," in violation of the Fifth Amendment. Thu, 28 Aug 2025 11:53:29 +0000 /assetmanagement/articles/2381844?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381844 Private fusion company Commonwealth Fusion Systems on Thursday revealed that it clinched an $863 million Series B2 funding round, marking what the company says is the "largest amount raised" among deep tech and energy companies since its 2021 $1.8 billion Series B funding round. Thu, 28 Aug 2025 11:39:14 +0000 /assetmanagement/articles/2361563?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2361563 At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan. Thu, 28 Aug 2025 11:08:50 +0000 /assetmanagement/articles/2381925?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381925 Federal Reserve Gov. Lisa Cook filed suit in federal court in Washington, D.C., on Thursday challenging President Donald Trump's "unprecedented and illegal attempt" to remove her from her position. Wed, 27 Aug 2025 20:29:52 +0000 /assetmanagement/articles/2381573?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381573 A father and son are both seeking two-year sentences from a New York federal court after pleading guilty to fraud related to the development of a Phoenix-area youth sports park with $280 million in investments, alleging prosecutors overstated their culpability for investor losses. Wed, 27 Aug 2025 20:09:26 +0000 /assetmanagement/articles/2381313?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381313 The Eleventh Circuit has ruled software company NCR Corp.'s "top hat" retirement plans didn't allow the company to issue lump-sum payments to plan participants as alternatives to promised life annuities, affirming former company executives' win in the contract breach suit alleging they were shortchanged payouts from the plans. Wed, 27 Aug 2025 17:09:05 +0000 /assetmanagement/articles/2381568?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381568 Two SPACs targeting digital assets began trading Wednesday after raising a combined $500 million in initial public offerings, adding to a recent run of crypto-related blank check launches amid renewed investor interest in the sector. Wed, 27 Aug 2025 16:52:35 +0000 /assetmanagement/articles/2381074?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381074 A Georgia federal judge moved an Atlanta-area law firm's suit accusing a Michigan-based investment firm of failing to pay $180,000 in legal fees to the Great Lakes State after finding there is no evidence linking the Michigan-based company's Georgia branches to the alleged breach of contract. Wed, 27 Aug 2025 16:43:27 +0000 /assetmanagement/articles/2381508?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381508 A co-founder of Armaments Research Co. sued the artificial intelligence-enabled weapons sensor company in North Carolina's business court, alleging that it failed to abide by their agreement to buy back his founding shares after he left the company. Wed, 27 Aug 2025 16:32:31 +0000 /assetmanagement/articles/2377322?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2377322 A recently enacted Texas law represents a major shift in how proxy advisory services are regulated in Texas, particularly when recommendations are based on nonfinancial factors like ESG and DEI, but legal challenges underscore the statute’s broader constitutional and statutory implications, say attorneys at Bracewell. Wed, 27 Aug 2025 16:12:03 +0000 /assetmanagement/articles/2381548?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381548 A Georgia federal judge agreed to dismiss a proposed class action alleging Home Depot misspent forfeitures from an employee 401(k) plan by using the assets to reduce employer-side contribution obligations instead of lowering fees planwide, concluding allegations failed to state a claim for violating federal benefits law. Wed, 27 Aug 2025 14:57:51 +0000 /assetmanagement/articles/2381662?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381662 A clergyman serving a nine-year sentence for fraud cited his ties to New York City Mayor Eric Adams on Wednesday in a bid to have his conviction overturned in the wake of the Trump administration's dismissal of the charges against Adams. Wed, 27 Aug 2025 12:51:11 +0000 /assetmanagement/articles/2370776?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2370776 Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable. Wed, 27 Aug 2025 12:38:10 +0000 /assetmanagement/articles/2381483?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381483 Japanese insurer Sompo Holdings has agreed to acquire Aspen Insurance Holdings Ltd. for $3.5 billion in cash, with Skadden Arps Slate Meagher & Flom LLP representing Sompo and Sidley Austin LLP advising Aspen, the companies said Wednesday. Tue, 26 Aug 2025 23:09:47 +0000 /assetmanagement/articles/2380670?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2380670 A New York federal magistrate judge has ordered that fraud and negligence claims against a venture capital firm over $1 million of an investor's money that was placed into Israeli fintech firm Vesttoo Ltd., which was later ensnared in a scandal over $4 billion worth of forged letters of credit, go to arbitration in Israel.  Tue, 26 Aug 2025 22:05:48 +0000 /assetmanagement/articles/2381275?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381275 A Pennsylvania federal judge has trimmed some claims from a shareholder suit accusing discount retailer Five Below and its executives of overstating the company's growth prospects and its ability to curb inventory loss, finding some of the suit's challenged statements to be inactionable, among other things. Tue, 26 Aug 2025 21:50:09 +0000 /assetmanagement/articles/2381360?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2381360 Counsel for a former Genentech employee urged the Ninth Circuit at a hearing Tuesday to revive his client's proposed class action alleging the biotechnology company kept unwise investment options in its 401(k) plan for years, saying the case is "vastly different" from one the lower court cited when tossing the suit. Tue, 26 Aug 2025 21:46:58 +0000 /assetmanagement/articles/2378974?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2378974 Hedge fund manager Soo Kim has failed to convince a D.C. federal judge that the Federal Communications Commission and a cadre of media players were part of a racist conspiracy to kill his $8.6 billion merger with broadcaster Tegna. Tue, 26 Aug 2025 21:12:58 +0000 /assetmanagement/articles/2380786?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2380786 Federal Reserve officials and members of the Federal Open Market Committee have urged a D.C. federal judge to toss a suit brought by an investment firm led by a supporter of President Donald Trump that seeks public access to monetary policy meetings, arguing they are not covered by the federal Sunshine Act as the investment firm claims. Tue, 26 Aug 2025 20:53:11 +0000 /assetmanagement/articles/2380587?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2380587 A now-shuttered investment advisory firm has opposed the U.S. Securities and Exchange Commission's attempt to hold it jointly liable for a $5 million judgment alongside its former owner who was accused of scamming elderly clients, arguing it did not profit from the alleged exploitation.