/assetmanagement?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Asset Management Copyright 2025 ¼«ËÙÈü³µ. en-US Mon, 16 Jun 2025 22:30:41 +0000 /assetmanagement/articles/2353954?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353954 Payment processing company Paddle.com Market Ltd. agreed on Monday to pay $5 million to settle a suit brought by the Federal Trade Commission accusing it of assisting and processing payments for tech support scams. Mon, 16 Jun 2025 22:16:23 +0000 /assetmanagement/articles/2354040?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2354040 The U.S. Department of Justice has decided not to go after private equity firm White Deer Management LLC after it discovered and voluntarily disclosed that Unicat's former leadership had violated economic sanctions and export laws, according to an announcement made Monday. Mon, 16 Jun 2025 21:31:25 +0000 /assetmanagement/articles/2353960?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353960 A California federal judge has rejected three bids to dismiss a proposed shareholder class action against Silicon Valley Bank's brass, underwriters and auditor stemming from the bank's 2023 failure, finding the plaintiffs' "well-pleaded" allegations can continue. Mon, 16 Jun 2025 21:31:00 +0000 /assetmanagement/articles/2353919?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353919 A New York federal judge has vacated his order sanctioning an investor in telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. for ignoring arbitral awards issued in a bitter, yearslong dispute over control of the company, saying the man wasn't properly served. Mon, 16 Jun 2025 19:15:04 +0000 /assetmanagement/articles/2353761?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353761 Trump Media and Technology Group Corp., the owner of President Donald Trump's platform Truth Social, on Monday said it filed paperwork to launch an exchange-traded fund that will invest in bitcoin and ethereum, marking its latest push into digital assets. Mon, 16 Jun 2025 17:09:10 +0000 /assetmanagement/articles/2353477?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353477 Recent efforts in Congress toward an updated regulatory framework for digital assets have led to two bills — the GENIUS Act and the CLARITY Act — that represent the most consequential legislative developments yet in the push for coherent, pro-innovation, reliable regulation for the industry, but both face multiple hurdles, says Mike Katz at Manatt. Mon, 16 Jun 2025 16:54:53 +0000 /assetmanagement/articles/2353855?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353855 China-based cryptocurrency platform Tron plans to go public through a reverse merger with Nasdaq-listed toy manufacturer SRM Entertainment Inc., both parties announced on Monday, supported by a $100 million investment arranged by a bank linked to President Donald Trump's family. Mon, 16 Jun 2025 15:32:20 +0000 /assetmanagement/articles/2353639?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353639 Real estate private equity shop Walker & Dunlap Investment Partners, advised by Polsinelli PC, on Monday revealed that it wrapped up fundraising for its seventh discretionary fund after securing $135 million from investors. Mon, 16 Jun 2025 14:38:05 +0000 /assetmanagement/articles/2353640?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353640 Michigan-based 365 Retail Markets, a provider of self-checkout retail technology and a portfolio company of Providence Equity Partners LLC, announced Monday it will acquire Pennsylvania-based Cantaloupe Inc. in an all-cash deal valued at about $848 million. Fri, 13 Jun 2025 21:03:42 +0000 /assetmanagement/articles/2353305?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353305 A venture-backed cancer diagnostics firm and a home insurer are preparing two initial public offerings that could raise $720 million combined next week, joining an energized IPO market following fintech startup Chime Financial Inc.'s debut. Fri, 13 Jun 2025 20:53:29 +0000 /assetmanagement/articles/2353232?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353232 A new Aspen Technology Inc. stockholder group launched a team demand Friday for Delaware Court of Chancery appraisal of their shares prior to the company's $265 per share, $7.2 billion minority stake acquisition by Emerson Electric Co., with other suits and related actions still pending. Fri, 13 Jun 2025 20:10:54 +0000 /assetmanagement/articles/2353229?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353229 The U.S. Securities and Exchange Commission is backing away from promised Biden-era regulations on cybersecurity risk management, environmental disclosures and equity market reform, withdrawing over a dozen rule proposals as newly appointed Chair Paul Atkins seeks to rewrite the agency's agenda. Fri, 13 Jun 2025 20:00:04 +0000 /assetmanagement/articles/2353507?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353507 Quinn Emanuel Urquhart & Sullivan LLP has withdrawn as counsel for the founder of Binance amid an $8.1 million lawsuit against him, telling a Massachusetts federal judge that the former cryptocurrency exchange executive has breached an agreement with the law firm and moved for arbitration against it. Fri, 13 Jun 2025 19:43:38 +0000 /assetmanagement/articles/2352758?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2352758 Liquidators seeking to establish control over a PetroSaudi unit that won a $380 million arbitral award asked a California federal judge to let them join U.S. Justice Department litigation targeting the award over ties to funds embezzled from a Malaysian sovereign wealth fund. Fri, 13 Jun 2025 19:03:06 +0000 /assetmanagement/articles/2353407?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353407 A former CSX Transportation Inc. employee's suit claiming he was fired for taking leave under the Family and Medical Leave Act were on pause while a similar class action was being litigated, he told a Florida federal judge Friday, urging the court to reject the transport company's dismissal bid. Fri, 13 Jun 2025 18:47:55 +0000 /assetmanagement/articles/2353273?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353273 A former officer for an investment company was sentenced to one year and one day in federal prison Friday for the recruiting and public-facing role he played in an investment scheme that took more than $1 million from victims. Fri, 13 Jun 2025 18:02:05 +0000 /assetmanagement/articles/2353281?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353281 Federal prosecutors on Friday revived a $4 million insider trading case against a former Miami asset manager who previously dodged charges after a key witness backed out of testifying against him in 2022. Fri, 13 Jun 2025 17:52:56 +0000 /assetmanagement/articles/2352548?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2352548 A New York federal judge denied convicted fraudster Jason Galanis' request to halt restitution payments and recover $2.17 million in forfeited assets, ruling that President Donald Trump's reduction of his sentence applied only to future obligations. Fri, 13 Jun 2025 16:01:59 +0000 /assetmanagement/articles/2353111?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2353111 The U.S. Securities and Exchange Commission on Friday named leaders to key divisions overseeing investment funds, stock exchanges and corporate accounting practices, marking the latest wave of fresh personnel brought in by new SEC Chair Paul Atkins. Fri, 13 Jun 2025 15:50:55 +0000 /assetmanagement/articles/2352848?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2352848 The U.S. Supreme Court revived retirement plan mismanagement allegations against Cornell University, the Sixth Circuit restarted a yacht company's suit against its health benefits administrator and American Airlines took a hit for emphasizing socially conscious investing in its 401(k) plan decisions. Here are five important decisions that came down in Employee Retirement Income Security Act cases during the first half of this year.