Asset Management Archive » August, 2017

Asset Management - August, 2017

334 articles

• EXCLUSIVE: DOJ Redaction Flub May Undermine Libor Case
• SEC Taps Ropes & Gray, Other BigLaw Attys For Top Posts
• Harvey Shows Advisers Need To Prep For Hell Or High Water
• SEC Sues Advisory Firm That Used F-Squared's 'AlphaSector'
• Paul Hastings Says Doral Trustee's Clawback Claims Still Fail
• Deals Rumor Mill: BHP Billiton, Deutsche AM, Bon-Ton
• Madoff Trustee Seeks $156M From BNP Paribas, Upping Ante
• CFTC Fines NY Futures Trader For Bad Record Keeping
• Malaysian Fund Pays Part Of Settlement After Late Start
• Would-Be Class Too Broad In $1.12B RMBS Suit
• Activist Investor Elliott Demands More For Stada Stake
• The Psychology Of Hourly Fee Arrangements
• Carlyle Group Scores $84.8M Loan For Calif. Campus
• BDO Exec Says Tax Changes Could Give REITs Dealer Issue
• CareFirst And Constitutional Standing: A Post-Spokeo Review
• 7th Circ. Affirms 57-Month Sentence For Fraudster
• Sen. Asks FBI To Investigate Icahn's Possible Conflicts
• Stanford Ponzi Victims Seek 5th Circ. Toss Of FINRA Award
• 8th Circ. Rejects Investor Objection To Ponzi Compensation
• Susman Godfrey Seeks To Helm Valeant Insider Trading Suit
• DOL Confirms Plans To Delay Parts Of New Fiduciary Rule
• NYSE Wants Cos. To Delay End-Of-Day Material News
• A Very Active Year For The CFTC So Far
• Gramercy Pays $331M For US Industrial Property Portfolio
• Tishman, Lehman Pull Out Win In 10-Year Archstone Slog
• Puerto Rico Board Says Fiscal Plan Gripes Aren't Actionable
• SEC Judge Clears Ex-S&P Exec Of Fraud Allegations
• BB&T Class Of 67K Employees Win Cert. In ERISA Suit
• Judge OKs Rothstein Feeder Fund $7M Deal With Bank
• GLP Reaches $472M Deal To Sell 4 Properties To REIT
• Feds Say Shkreli Verdict Is No Escape For Ex-Katten Atty
• Advisory Board Inks $2.58B Health Care, Education Units Sale
• Rockwell Slams Claims It's Mistreating Activist's Director
• Hedge Fund Appeals Shareholder Tax Form Decision
• DOJ Offshore Bank Resolution Offers Cooperation Road Map
• An Emerging Patchwork Of Cybersecurity Rules
• Judge Won't Let Broker-Dealer Exit SEC 'Layering' Suit
• Congress Put Securities Suits In Fed. Court, Justices Told
• No Resolution Yet In $510M Goldman Sachs Fraud Suit
• $16M Deal In Subprime-Lender Investor Row Gets Go-Ahead
• Greenberg Traurig Forgery Case Stayed For Damages Appeal
• Puerto Rico Board Sues Gov. To Enforce Furloughs
• Morningstar Urges Court To Ax RICO Claim Over Robo-Adviser
• PrivateBancorp Investors Seek Appraisal Of $4.9B Merger
• Platinum Founder's Attys Told Not To Lean On Witnesses
• Nigerian Developer Lands $500M Investment
• UBS Says Exclusions Don't Bar Puerto Rico Bond Defense
• KKR-Backed REIT Closes On $224M In Loans
• NYU Wins Trim Of ERISA Suit Over Retirement Plans
• Self-Collection In E-Discovery — Risks Vs. Rewards
• Judge Won't Rethink UBS Win In Suit Over Enron Info
• Litvak Tells 2nd Circ. Lie In Bond Sale Isn't Securities Fraud
• MF Global Must Go To Arbitration With Insurer, Judge Says
• UK Litigation Roundup: Here's What You Missed In London
• Piwowar Didn't Abuse Acting Chair Role, SEC Watchdog Says
• 9th Circ. Expanded Whistleblower Protections, Justices Told
• 'Unicorn' Growth Continues To Plunge As Investors Pull Back
• CFTC Sues Pair Of Ex-Brokers In Forex Ponzi Scheme
• 2nd Circ. Has New Test For Determining 'Personal Benefit'
• Fed To Unveil Final Qualified Financial Contracts Rule
• HK Securities Commish, Police Team Up On Financial Crime
• BakerHostetler Gets $32M More In Fees In Madoff Bankruptcy
• 6 Common Lateral Partner Myths Debunked
• SEC Fines Firms Over Unauthorized Loans Between Funds
• Judge In American Realty Case Expects To OK Class Period
• SocGen Execs Hit With Libor Rigging Charges
• Real Estate Rumors: GPB, Amita Health, Rockpoint
• Convicted Spoofer Asks 7th Circ. To Reconsider His Case
• Platinum Co-Founder Asks 2nd Circ. To Nix Witness Gag Order
• 4 Ways Law Firms Can Help Battle Addiction
• Japan Logistics Fund Buys Pair Of Properties For $247M
• Insurer Must Cover Kickback Scheme Suit, 9th Circ. Told
• DOJ Says Deutsche Libor Case Survives 2nd Circ. Ruling
• Stonemont Financial Drops $1.3B On Real Estate Portfolio
• A Look At Latest 7th Circ. Opinion In Sentinel Management
• 2nd Circ. Ends Newman Relationship Test, But For How Long?
• Cobalt Can't Use CalPERS Ruling To Toss Cert., Judge Says
• SEC Charges Bond Issuer, Underwriter With Faulty Disclosure
• Wilmington Trust Says Fraud Indictment May Be Tainted
• Pension Funds Sue US Bank For $25M Tribal Bond Fraud Loss
• A Law Firm Guide To Helping Victims Of Human Trafficking
• USC Lawyer Sees Massive Campus Expansion To Completion
• Family Ties Troubling But Don't Sink GFI Class, Judge Says
• 2nd Circ. Won't Touch $1M SEC Deal Despite Newman Effect
• 2nd Circ. Upholds SAC Manager's Insider Trading Conviction
• Calif. Court Keeps Dov Charney Hedge Fund Suit On Ice
• 5th Circ. Skirts Texas Atty Immunity Question In Fraud Suit
• 2nd Circ. Won't Give Litvak Interim Get-Out-Of-Jail Card
• CFP Board's Standards Proposal Gets Support, Suggestions
• Athlete Overcharged $1.2M By Investment Adviser, SEC Says
• Cetera Financial To Pay $3.3M Over Mutual Fund Fee Errors
• Microcap Finance Co. Pays $4.4M In SEC Settlement
• Trinity And Oaktree Form $3B Hotel Joint Venture
• Wells Fargo Investors Defend Fake-Account Fraud Suit
• Financial Firms' Worst Mistakes With Cybersecurity
• Ex-Katten Atty Says Shkreli Verdict Nixes Conspiracy Count
• Diversity In The Legal Profession — A Stubborn Vision
• Fund Wants Suit Over Yahoo's Alibaba Investment Revived
• Why Midsize Firms Run The Gamut On Diversity
• Law Firms Head Back To School For Diversity Guidance
• GCs Find New Urgency In Longtime Push For Diversity
• Ex-Och-Ziff Exec Wants Out Of African Bribery Scheme Suit
• 8th Circ. Axes Scottrade Breach Row, Despite Standing
• RMBS Investors Lose Fight For Wells Fargo Sampling
• Health System Socked With ERISA Suit Over Retirement Plans
• Investment Firm Settles SEC Inside Trading Row For $4.8M
• Trusts Seek Chancery Action In $5B Student Loan Probe
• Journalists Allowed To Pursue Info From Puerto Rico Board
• Norges Drops $223M For Stake In Manhattan Tower
• New Salary History Laws Crimp Attorney Hiring Process
• Citigroup Gets Abu Dhabi Investment Authority Award OK'd
• LPL Stock-Drop Action Must Be Strengthened, Judge Holds
• Legal Considerations After SEC's Warning Shot At ICOs
• Energy Future Drops Berkshire Bid For Sempra's $9.45B Offer
• How 5 Firms Are Building More Diverse Ranks
• The Top Firms For Minority Equity Partners
• The Best Firms For Minority Attorneys
• Racial Diversity Stagnating At US Law Firms
• Icahn Quits Post As Trump Adviser After Conflict Concerns
• Banks Shake Singapore Rate-Rigging Claims, For Now
• Travelers Ordered To Cover Standard's Charney Suit Defense
• Ex-Level Global Exec Says Salman Supports His Vacate Bid
• Gardere Guides 3 Major Matters For REIT Ashford Hospitality
• NJ Court Nixes DQ Bid In Superstorm Sandy Insurance Row
• Wash. Investment Adviser In $3.6M Ponzi Scheme Gets 9 Years
• Judge 'Appalled' At Atty's Letter To Ex-Platinum Employee
• Ex-Summit CEO Gets 8 Years For Investment Fraud Scheme
• Puerto Rico Bankruptcy Case Challenge Certified To AG
• Schorsch Sues REIT Biz Successor For Defense Costs
• Relativity CEO Conned Him Out Of $2M, Investor Claims
• Banca IMI Pays SEC $35M Over Foreign Shares Handling
• Ex-Citigroup Analyst Defeats FINRA Charges Over Tips
• Accused Fraudsters Deny BofA Insider Trading Scheme
• Hedge Fund-Backed Peabody Energy Unveils 13M-Share Sale
• What S&P, FTSE Actions Mean For Multiclass Share Structures
• US Power Giant Calpine To Be Taken Private In $5.6B Deal
• 5 Tips For A Successful Legal Blog
• Deutsche Bank, BofA Pay $65.5M To Settle In Bond-Fix Suit
• Feds Urge Nix Of Ex-Hunton Atty's New Trial, Acquittal Bids
• Lehman Attys Tout Progress As 9th Ch. 11 Anniversary Nears
• Insider Trading Case Aided By New Tech, Hobbled By Newman
• 8th Circ. Says Ritchie's Suit Should Be Stayed, Not Tossed
• Chinese Investment Co. Snags MassMutual Unit For $1.7B
• SEC Suit Against Atty-Investor In Legal Receivables Trimmed
• PE Fund, AGs Reach $192M Deal Over Corinthian Colleges
• Acadia Shareholders, Execs Slash Stakes In Health Care Co.
• SEC Tosses Fund Manager 'Death Put' Scheme
• Asset Manager To Pay $275K For Mischarging Fund It Advised
• Edison Int'l To Pay At Least $7.5M In Prolonged ERISA Row
• OCC Opens The Debate On Volcker Rule Reform
• Pension Funds Say Banks Blocked Stock Loan Competition
• 11th Circ. Asked To Revive Suit Over $50M Defamation Case
• Compliance Adviser Settles SEC Case For $30K, Suspension
• Judge Affirms Feds' $15M Infusion Into GM Litigation Trust
• Feds Say Ex-BofA VP, Others Made $5M From Insider Trading
• DOL Has No Authority For Fiduciary Rule, DC Circ. Told
• Brothers Stole $855K From Investors, SEC Says
• Broker Asks 9th Circ. To Revive Barclays Dark Pool Suit
• Latham Steers Mexican Energy SPAC's Landmark $650M IPO
• Ex-Eaton Vance Trader Gets 18 Months For Fraud
• JPMorgan Loses Bid To Appeal Petters Lawsuit
• Real Estate Rumors: Blackstone, Generator Hostels, Kamber
• Hedge Fund Elliott Settles With AkzoNobel, Ups BHP Stake
• Judging A Book: Kopf Reviews Posner's 'Federal Judiciary'
• FTC Asks For More Info On $20B Clariant, Huntsman Deal
• Lehman Ruling Sets Stage For Future Subordination Contests
• How CalPERS V. ANZ Securities Marks Gorsuch's Arrival
• Twice-Convicted Jefferies Trader Seeks Bail Pending Appeal
• Atty Wants SEC Insider Trading Deal Quashed Post-Newman
• Investors Seek To Strike Part Of Pershing's Quick Win Bid
• FINRA Says Rep's ETF Trades Cost Customers $8.4M
• Swiss Asset Manager Ducks Tax Fraud Charges With $5M Deal
• SIPC Recommends $32M Fee Approval For Madoff Trustee
• Ex-Stanford Advisers Want High Court To Force Arbitration
• SeaWorld Says Investors Have No Right To Confidential Docs
• Insurance Agent Challenges Fla.'s Telemarketing Law
• CFPB Says Tribal Online Lender Case Belongs In Illinois
• Golf Club Maker Fights Bid To Enforce $19M Arbitral Award
• NewRiver REIT Lands $553M In Loan Facilities
• Cadwalader Steers $500M Wells Fargo Loan To Vornado
• Summit Healthcare Drops $60M For Stake In 9 Properties
• Reed Smith Asks Fed Court To Sit Out $6.8M SAC Fee Fight
• The Use Of Special Masters In Complex Cases
• Notes From A Law Firm Chief Privacy Officer
• Puerto Rico Creditors Assail Board's Discovery Opposition
• Lead Counsel Set In Investor Suit Over $2B Stillwater Sale
• Arent Fox Is Denied Ex-Client Communications In Policy Row
• 7th Circ. Denies Sentinel's 2nd Clawback Attempt
• Judge Refuses First Farmers Receiver's Injunction Bid
• SEC Fines Adviser For Overcharging Oil, Gas Funds
• Hedge Fund Manager, 2 Firms Must Pay SEC Nearly $13M
• Baker McKenzie Adds Ex-Greenberg Wealth Management Duo
• FINRA Expels Firm, Bars CEO Over Stock Sale Fraud
• Investment Manager Reaches $1B Deal With PE Firm, Fund
• Receiver Can Sue Outside Accountant Over Missed Fraud
• REIT Equity Commonwealth Sells 6 Properties For $216M
• Notes From A Law Firm Chief Privacy Officer: New Demands
• FINRA Fines Firm Over Failure To Supervise Risky ETF Sales
• News Outlets Ask Shkreli Trial Judge For Juror Names
• Taxation With Representation: Simpson, Sidley, Sullivan
• Jason Galanis Gets 14 Years In $63M Tribal Bond Scheme
• Real Estate Rumors: Equator Capital, Axonic, Office Depot
• NJ Finance Co. Settles Claims Over Strippers, Biz Practices
• Feds Say Platinum Partners Exec Threatened Witness
• Rajaratnam Fights Galleon Fund Trustee's $135M Fraud Suit
• First Potomac Slapped With Suit Over $1.4B Sale To REIT
• REIT SL Green Sells Brooklyn Property To CIM For $171M
• DOJ Pauses 1MDB Forfeiture Cases To Go After Individuals
• JLL REIT Makes $63M Deal For Las Vegas Retail Center
• UK Litigation Roundup: Here's What You Missed In London
• Recent Delaware Opinions Shake Up Appraisal Litigation
• Energy-Focused True Green Capital Clinches $350M PE Fund
• It's Time To Improve Voir Dire In Federal Court
• The Spoofing Statute Is Here To Stay
• Notes From A Law Firm Chief Privacy Officer: Insider Risks
• Further Delay Tees Up Fiduciary Rule For Major Changes
• Ex-Nomura VP Pleads Guilty To Insider Trading
• Oppenheimer Loses $28M FINRA Fight Against Ex-Director
• 9th Circ. Rejects ADA Class Cert. Against Hotel Owner
• Allstate Says Ameriprise Poached Employees, Trade Secrets
• LondonMetric Puts Up $151M For Cabot Industrial Portfolio
• Real Estate Rumors: Extell, Feil, Champs Sports
• First Eagle Clients Drop $238M Suit Claiming Too-High Fees
• Pension Investment Fees Are Too High: Pa. Auditor General
• Ex-Union Boss, Hedge Fund Founder Told To Prepare For Trial
• Coal Miner Contura Pulls $150M IPO Due To Market Conditions
• Jones Day Steers Lender Pepper Group's $519M Sale To KKR
• Ex-Nomura Trader Says Hustling MBS Isn't Fraud
• Single-Family REITs Form $11B Giant In Merger Of Equals
• Understanding When Claims Travel With The Debt
• Toward A Culture Of Continuous Cybersecurity
• Notes From A Law Firm Chief Privacy Officer: Balancing Act
• Trading Tech Co. Owes $2.3M For Misusing IP, Jury Holds
• DC Circ. Decision Highlights SEC's Oversight Tightrope
• Loan Originator Can't Pare Trustee's Claims In RMBS Suit
• Puerto Rico Sales Tax Bond Row On Track For Dec. Resolution
• CFTC Can't Have Lifetime Ban For Convicted Ex-Trader
• Vanguard Still Can't Duck Overcharge Suit But Can Appeal
• DOL To Postpone Parts Of Fiduciary Rule Until 2019
• Ex-Gottex Accountant Gets Over 4 Years For Stealing $3.5M
• REIT Shareholders Sue To Block $1.2B Sale To CPPIB
• Real Estate Rumors: Forkosh, Coastline, Est4te Four
• CMS Insider Trading Cooperator Settles Case With SEC
• How The IPad Can Be A Litigator's Best Friend
• Notes From A Law Firm Chief Privacy Officer: CPO Vs. CISO
• Blackrock 'Troubled' By EU Rules On Money Market Funds
• 7th Circ. Spoofing Decision Buoys Gov't Crackdown
• 8th Circ. Backs Financial Adviser's 25-Year Sentence
• TD Ameritrade Beats Mutual Fund Fees Suit
• 4 Key Points About The Expanded Senior Managers Regime
• Court To Look Deeper Into 'Odd' Casino Pump-And-Dump Suit
• SEC Says Firms Have Room To Improve On Cybersecurity
• Director's Retirement Keeps Bank Of Internet Suit Alive
• 7th Circ. Says Peregrine Forex Customers Can't Collect
• New York REIT Sells Manhattan Office Property For $135M
• Real Estate Rumors: MetLife, Midtown Capital, Yelp
• DC Circ. Wants More SEC Scrutiny Of Clearinghouse Plan
• IRS Pushes To Trim Wells Fargo Tax Suit Over $1.25B Deal
• 5 Questions To Ask Before Entering Joint-Representation AFA
• Funds Look For Rulemaking Reprieve As SEC Director Departs
• Shkreli's Brazen Defiance May Lead To Harsher Sentence
• Investor Seeks OK Of $19M Award Against Golf Club Co.
• SEC Gets Another Sanction Against NY Investment Adviser
• Chapman Adds 10 Finance Attorneys From Ashurst
• Hedge Fund Makes Bid To Toss Puerto Rico Bankruptcy Case
• Davis Polk Steers Colombia Banking Giant's $600M Bond Offer
• CFTC Fines Japanese Bank Over Spoofing
• Real Estate Rumors: Thor, Goldman, Los Angeles Mansion
• Acorda Therapeutics Slams Investor's Calls To Explore Sale
• Deals Rumor Mill: Eden Creamery, E-Shang, United Tech
• British Virgin Islands Co. Wants OK Of $2.2M Arbitral Award
• First-Ever Spoofing Conviction Upheld By 7th Circ.
• Judge Urged To Stay Aetna ACA Withdrawal Suit For Inquiry
• SEC Says Adviser Falsely Claimed $584M In Assets
• Legal Incubators Can Help New Lawyers And Society
• Class Cert. Denied In Prudential ERISA Suit
• Deutsche Pays Its Defense From Disputed Trusts, Suit Says
• DLA Piper Hires Finance Partner In Atlanta
• Thompson Seattle Hotel, Residence Project Gets $80M Refi
• Boston Fund Manager Charged With Multimillion-Dollar Fraud
• Activist Investor Ackman Pushing For Shakeup At ADP
• Broker Says $17M Pump-And-Dump Claims Come Too Late
• CFTC Argues For Lifetime Ban For 'Dissembling' Trader
• Puerto Rico Board Tees Up Fight With Gov't Over Furloughs
• Shkreli Convicted On 3 Counts In Securities Fraud Trial
• OneREIT Inks $870M Deal To Go Private
• Morningstar, Prudential Face Class Action Over Robo-Adviser
• Investors Want Cobalt's Class Cert. Redo Bid Nixed
• Hedge Funds Sue Teva Over Generic Drug Price-Fixing
• Puerto Rico Oversight Board Says It Should Lead Debt Probe
• Filipino Geothermal Co. Is Offered Up To $1.28B For Shares
• BOX Options Wins SEC Approval For Chicago Trading Floor
• S&P Policy Unlikely To Thwart Multiclass Stock Structures
• 4th Circ. OKs Judge's Recusal Denial In $2.3M Fraud Case
• Senate Confirms CFTC Chair, Commissioners
• Australia Targets CommBank Under Money Laundering Law
• Real Estate Rumors: Blue Vista, Powerhouse Gym, Codina
• Gerova Ex-CEO Gets 78 Months In Pump-And-Dump Scheme
• Highland Can't Jump-Start Credit Suisse Deceptive Loan Suit
• Swaps Investors Seek Class Cert. In ISDAfix Rate-Rigging Suit
• PwC Fined $1M By PCAOB Over Merrill Lynch SEC Violation
• Suit Over $562M REIT-Manager Merger Can Proceed: Judge
• Bank Bound By Unsigned Lehman Deal Despite Dismissal
• NJ Hedge Fund Owner Can't Duck Charges In $4M Scheme
• 2nd Circ. Affirms Icahn Win Over Short-Swing Trading Suit
• How To Prioritize Your Law Firm's Crisis Response Plan
• 7th Circ. Upholds Con's Suit To Recoup Ex-MLB Player's $2M
• Is SEC Targeting Political Spenders In Disclosure Reviews?
• Deutsche Traders In Libor-Rigging Row Look To Nix Charges
• Woman Gets 30 Months For Role In $70 Million Ponzi Scheme
• SEC, Cadaret Reach $3M Deal Over Disclosure Flaws
• Merck Investors' Claims Time-Barred, 3rd Circ. Finds
• Madoff Trustee Wins Bid To Limit Exhibits At Merkin Trial
• REIT Invests $345M In Calif. Shopping Center Joint Venture
• 'Bag Man' Gets 3 Years In $131M ForceField Stock Fraud
• Ponzi Scheme Victims Seek Cert. In Suit Against HSBC
• Real Estate Rumors: Ceruzzi, Alvarez & Marsal, Astor
• MF Global Insurer Pushes For Dismissal Of Adversary Suit
• Innovating For Wise Juries: Closing Argument
• Scaramucci's Tax Benefits May Continue Despite Firing
• SEC Accuses Canadian Investor Of $17M Pump-And-Dump
• Bankrupt 'Hedge Fund' Boss Facing Charges Must Pay $1.4M
• Russian Ex-Biz Owner's Bankruptcy Granted US Recognition
• Express Scripts Ducks Stockholder Suit Over Anthem Dispute
• Chinese Co. Moves To Dodge Suit Over $775M BP Asset Sale
• NY Judge Vacates Default Entry In $1.5M Forex Fraud Suit
• Shkreli Jury Asks Judge About 'Fraudulent Intent'
• Kirkland Steers $200M NY Condo Buy, Cadwalader Aids Loan
• A Light Regulatory Touch On Initial Coin Offerings
• Jefferies Dodges Arbitration With Biotech Investors
• DOD Oversight Of Overseas Resources Still Lax, GAO Says
• SEC Gets $21M Asset Freeze On Foreign Trading Co.
• Malaysian Fund Misses $629M Payment Under Settlement
• 5 Questions All AFAs Should Answer Clearly