Matthew Sellers

Matthew Sellers
Displaying 108 results
UBS loses Ocean Capital lawsuit 
REGULATION AND LEGISLATION MAY 16, 2025
UBS loses Ocean Capital lawsuit 

A federal appeals court has sided with activist investors in a closely watched proxy battle involving nine Puerto Rico municipal bond funds.

Fidelity National's $250 million investment in F&G Annuities survives Delaware shareholder lawsuit 
REGULATION AND LEGISLATION MAY 16, 2025
Fidelity National's $250 million investment in F&G Annuities survives Delaware shareholder lawsuit 

Judge rejects shareholder lawsuit targeting Fidelity's preferred stock deal.

President Trump looking at raising top tax rate in 'political death wish'
RIA NEWS MAY 09, 2025
President Trump looking at raising top tax rate in 'political death wish'

New proposal could mean some would pay a total of more than half of what they earn.

U.S. adds 177,000 jobs in April, defying economic headwinds and federal cutbacks
RIA NEWS MAY 02, 2025
U.S. adds 177,000 jobs in April, defying economic headwinds and federal cutbacks

Treasury yields rise as employment figures ignore market mayhem.

World's largest wealth fund takes $40 billion hit amid tech sector turbulence
RIA NEWS APR 24, 2025
World's largest wealth fund takes $40 billion hit amid tech sector turbulence

$1.7 trillion fund takes big hit.

Ameriprise posts robust Q1 growth as wealth division lifts results
INDEPENDENT BROKER DEALERS APR 24, 2025
Ameriprise posts robust Q1 growth as wealth division lifts results

Wealth arm thrives despite market headwinds.

Federal Government to start debt collection on up to 5.3 million borrowers
RIA NEWS APR 21, 2025
Federal Government to start debt collection on up to 5.3 million borrowers

Defaulting loans to be recovered via Social Security, tax refunds and wage garnishment.

"Extreme outcomes… are no longer unthinkable" – Capital Economics
RIA NEWS APR 16, 2025
"Extreme outcomes… are no longer unthinkable" – Capital Economics

As dollar tanks, alarm bells ring amid comparison to UK meltdown in 2022 – and that’s not exactly a ringing endorsement.

Indiana court overturns $3M CBIZ award in Zotec M&A legal clash
REGULATION AND LEGISLATION APR 15, 2025
Indiana court overturns $3M CBIZ award in Zotec M&A legal clash

A $3.1 million attorney fee award in CBIZ’s favor was reversed after an Indiana appellate court ruled Zotec had not breached its acquisition contract merely by bringing claims.

Wisconsin court rejects Utah venue clause in receiver’s bid to claw back MCA payments
REGULATION AND LEGISLATION APR 15, 2025
Wisconsin court rejects Utah venue clause in receiver’s bid to claw back MCA payments

The Wisconsin Court of Appeals ruled that a receiver can recover over $137,000 in alleged preferential payments from a Utah funder, despite forum and choice-of-law clauses in merchant cash advance agreements.