Articles by Neil Weinberg

Hacked Firms Face ‘Frankenstein’ of State-Based Cyber Notification Laws

Last summer, Katherine “Kitty” Green received some disturbing news about the computer network at Florida Gulf Coast University, where she oversees a foundation for private donors. An outside data provider warned it had detected that hackers sneaked into the university’s …

Blackstone’s Lombard Could Face Legal Issue with $1B-Plus of Unsigned Policies

For nearly a decade, Lombard International sat on a secret. It began to unravel in May 2016 when a wealthy German walked into a Luxembourg bank. The man wanted a loan. For collateral, he offered a future payout from a …

Kentucky Pension Plan Case Raises New Worries for Asset Managers

KKR & Co., Blackstone Group LP and their founders must face a lawsuit alleging they failed to deliver hedge fund returns as advertised, a judge in Kentucky ruled Friday in a decision that may present new legal challenges for managers …

Fiduciary Rule Dies as Last Court Deadline Passes

The “fiduciary rule” is officially dead. The Labor Department rule, conceived by the Obama administration, was meant to ensure that advisers put their clients’ financial interests ahead of their own when recommending retirement investments. The rule’s fate was all but …

Fired OSHA Whistleblower Claims Investigator Turns Whistleblower

A fired U.S. whistleblower investigator says his old employer didn’t take whistleblowers seriously enough. So he’s lodging a complaint — with the same ex-employer he claims doesn’t take whistleblower allegations seriously enough. Darrell Whitman was an investigator for the Labor …