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Invictus Managers Withhold $10M, Trigger ERISA Asset Showdown
InvestmentNews; subscription may be required 
July 2, 2025 "For wealth management firms, the case underscores the risks of assuming that contractual protections will stand up when ERISA assets are involved. It’s a reminder that managing plan assets comes with strict compliance obligations, and that ERISA can override agreements that might seem protective on paper." [Invictus Special Situations Master I, L.P. vs Invictus Global Management, LLC, No. 2023-1099-NAC (Del. Chanc. Jun. 30, 2025)] MORE >> |
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