Benefits

  • March 12, 2024

    UnitedHealth Can't Get Early Win In Workers' ERISA Suit

    A Minnesota federal court denied most of UnitedHealth Group Inc.'s bid for a pretrial win in a lawsuit alleging mismanagement of an employee 401(k) plan, finding Tuesday that allegations the company refused to ax underperforming funds to preserve a business relationship with Wells Fargo should go to trial.

  • March 12, 2024

    Pharmacy Calls $11M False Claims Case A 'House Of Cards'

    A compounding pharmacy and its president trashed the Connecticut attorney general's $11 million false claims and kickback allegations against them as a "house of cards" that awarded "a sweetheart cooperation deal" to an alleged co-conspirator and improperly benefited private attorneys, calling instead for a judgment against the state.

  • March 12, 2024

    AT&T Offloaded Pensions In Risky Annuity Deal, Suit Says

    AT&T shirked its fiduciary duty and put 96,000 workers' retirement savings in jeopardy by transferring pension obligations to a "risky" annuity provider, according to a proposed class action filed in Massachusetts federal court.

  • March 11, 2024

    Fired Lithium Co. Co-Founder Sues To Recoup 3.25M Shares

    The former co-CEO and co-founder of a lithium fracking company sued the company in Delaware's Court of Chancery, seeking a court order that the company return 3.25 million shares of stock it allegedly repurchased from him after firing him in "bad faith."

  • March 11, 2024

    Contractor Wants Mich. Judge To Rethink Agreement Order

    A demolition company has urged a Michigan federal judge to reconsider his finding that the number of labor contracts between its parent association and a union fund was ambiguous and needed more thought by an arbitrator, saying evidence on the record shows that the contractor was bound by just one agreement.

  • March 11, 2024

    Teamsters Can't Pause Discovery In $137M Fight With Yellow

    A Kansas federal judge shot down the Teamsters' request to pause the discovery process in a $137 million lawsuit accusing the union of holding up a necessary corporate restructuring at the now-bankrupt trucking company Yellow Corp., ordering the union to keep producing documents.

  • March 11, 2024

    Biden Proposes More Mental Health Expansion In 2025 Budget

    The Biden administration's $7.3 trillion fiscal year 2025 spending blueprint unveiled Monday maintains a pledge to transform the nation's mental health system, but contains the least ambitious discretionary budget ask for the U.S. Department of Labor in four years.

  • March 11, 2024

    Prudential Investors' $35M Settlement Gets Initial OK

    Prudential Financial Inc. shareholders have gotten an initial nod from a New Jersey federal judge for their $35 million deal to settle claims that the insurer hurt investors by allegedly misrepresenting certain trends affecting its life insurance reserves.

  • March 11, 2024

    Ga. Panel Finds $43M Trust Not On Hook For Legal Fees

    The Georgia Court of Appeals rejected a request from beneficiaries of a $43 million furniture fortune, finding on Monday that the trust's ex-trustees should not be saddled with attorney fees and litigation costs while the trust's beneficiaries sued them for allegedly mishandling the trust and overpaying themselves.

  • March 11, 2024

    US Chamber Backs Dismissal Of Citigroup 401(k) Suit

    The U.S. Chamber of Commerce backed Citigroup's efforts to shut down a suit in which workers claimed mismanagement of their 401(k) plan, telling a Connecticut federal court that these types of suits cherry-pick data and should not stand in court.

  • March 11, 2024

    Catching Up With Delaware's Chancery Court

    Delaware's Court of Chancery became a hot topic in New Orleans last week as litigators and judges at an annual convention acknowledged the First State's corporate law preeminence is under scrutiny. Back home, the court moved ahead on disputes involving Meta Platforms, Abercrombie & Fitch and Donald Trump.

  • March 11, 2024

    Insurance Worker Wants Full 11th Circ. Rethink In ADA Suit

    A former insurance worker urged the full Eleventh Circuit to rethink the company's win in her lawsuit accusing the business of abruptly firing her to sidestep healthcare costs related to her multiple sclerosis, saying there's evidence her disability played a role in her termination.

  • March 11, 2024

    DOL Sends Fiduciary Rule Rewrite To White House

    The U.S. Department of Labor transmitted its retirement security proposal that would broaden the definition of who qualifies as a fiduciary under the Employee Retirement Income Security Act to a White House office for final review over the weekend.

  • March 08, 2024

    2 Calif. Union Dues Cases Echo Janus Ruling, 9th Circ. Told

    An attorney for an anti-union think tank urged the Ninth Circuit on Friday to revive a pair of lawsuits alleging his public sector employee clients' constitutional rights were violated by union dues being collected against their will, likening the cases to the U.S. Supreme Court's landmark 2018 Janus ruling.

  • March 08, 2024

    Gerdau Steel Denied Fathers Parental Leave, Ex-Workers Say

    Male steel mill workers for Gerdau were not allowed to take parental leave when their children were born unlike their female co-workers who were granted maternity leave, in violation of federal equal pay law, according to a proposed collective action filed in Texas federal court.

  • March 08, 2024

    4 Severance Cases Stemming From Musk's X Corp. Takeover

    A recently filed suit from four executives alleging Elon Musk cheated them out of severance pay adds to the legal fallout that Musk and X Corp. are facing in the aftermath of the tech billionaire's $44 billion acquisition of the company formerly known as Twitter.

  • March 08, 2024

    7th Circ. Wants 'Roadmap' For Ill. Workplace Disease Law

    The Seventh Circuit has asked the Illinois Supreme Court to weigh in on the state's Workers' Occupational Diseases Act, saying it needs a "roadmap" to handle claims for asbestos and other diseases that manifest belatedly as it considers a widow's suit alleging her husband's exposure to a toxic chemical while working for Goodrich Corp. led to his death.

  • March 08, 2024

    DOL Says Ousting Union Fund Trustees Is Right Move

    The Seventh Circuit should allow an injunction ousting two trustees from a fraud-plagued union benefit fund to take effect, the U.S. Department of Labor told the court, urging it to deny the trustees' bid to stay the injunction.

  • March 08, 2024

    Calif. Union Pension Plan Strikes Deal In Early Retirement Suit

    A California metalworkers' pension plan and its fund manager agreed to end a proposed class action alleging over two dozen retirees had their pension payments slashed even though they were promised full benefits when they retired early, according to an order issued Friday in federal court.

  • March 08, 2024

    Yale Urges 2nd Circ. To Back Zero-Damages ERISA Jury Win

    Yale University told the Second Circuit there's no need to scrap a jury verdict denying damages for a group of employees who claimed their $5.5 billion retirement plan was burdened with high recordkeeping fees, arguing that no error was made on jury instructions to warrant a redo.

  • March 07, 2024

    Skechers Fined $1.25M Over Execs' Family Member Payments

    Skechers will pay the U.S. Securities and Exchange Commission $1.25 million to resolve claims it failed to disclose hundreds of thousands of dollars in payments made to its directors and their immediate family members who were hired by the sneaker giant as contractors or nonexecutive employees.

  • March 07, 2024

    NC Decision Supports Nix Of Sodexo Arbitration, 9th Circ. Told

    A Sodexo employee alleging that the company overcharged smokers for health insurance told the Ninth Circuit that a North Carolina federal court decision supports his efforts to keep his suit in court, saying it backs up his assertion that arbitration agreements can't be added to plans without participants' consent.

  • March 07, 2024

    Hy-Vee Beats Ex-Workers' 401(k) Fee Suit

    An Iowa federal judge granted a win Thursday to Hy-Vee Inc. in a class action accusing it of failing to sufficiently lower its retirement plan's recordkeeping fees, saying the supermarket chain showed it did its due diligence to make sure it didn't run afoul of federal benefits law.

  • March 07, 2024

    $61M Deal Gets Final OK In GE In-House 401(k) Fund Suit

    A Massachusetts federal judge granted final approval Thursday to a $61 million settlement ending a lawsuit from current and former workers accusing General Electric of mismanaging their retirement savings, signing off on a deal that comes after six years of litigation and includes $21.5 million in attorney fees and expenses.

  • March 07, 2024

    Chicken Buyers Bail On Remaining Claims Against Producers

    A class of direct purchasers effectively threw in the towel Wednesday on continuing with class price-fixing claims against Perdue Farms, Claxton Poultry and others, cutting deals that abandon attempts to revive the allegations and allow the buyers to avoid up to $1 million in legal costs they might have owed the major chicken producers.

Expert Analysis

  • Lawyer Discernment Is Critical In The World Of AI

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    In light of growing practical concerns about risks and challenges posed by artificial intelligence, lawyers' experience with the skill of discernment will position them to help address new ethical and moral dilemmas and ensure that AI is developed and deployed in a way that benefits society as a whole, says Jennifer Gibbs at Zelle.

  • What 2 Texas Lawsuits Mean For Health Care Access

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    In the last month, Texas federal courts have seen movement in two lawsuits that could, in the long run, potentially upend a widely accepted health care benefit and pose problems for important health care funding mechanisms around the nation, says Susan Harris at Norton Rose.

  • Don't Forget Alumni Engagement When Merging Law Firms

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    Neglecting law firm alumni programs after a merger can sever the deep connections attorneys have with their former firms, but by combining good data management and creating new opportunities to reconnect, firms can make every member in their expanded network of colleagues feel valued, say Clare Roath and Erin Warner at Troutman Pepper.

  • Considerations For 2024 Proxy Season After Exec Pay Rules

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    Companies for the first time this proxy season faced uncertainty in the wake of the U.S. Securities and Exchange Commission's new pay-versus-performance rules and compliance-and-disclosure interpretations, but a proactive review of these rules will ensure companies can comprehensively satisfy their disclosure obligations, say attorneys at King & Spalding.

  • Without Stronger Due Diligence, Attys Risk AML Regulation

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    Amid increasing pressure to mitigate money laundering and terrorism financing risks in gatekeeper professions, the legal industry will need to clarify and strengthen existing client due diligence measures — or risk the federal regulation attorneys have long sought to avoid, says Jeremy Glicksman at the Nassau County District Attorney’s Office.

  • Abortion Pill Rulings Will Hinder FDA Authority

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    Although the Fifth Circuit recently stayed a Texas federal court's ruling that invalidated the U.S. Food and Drug Administration's approval of a commonly used abortion medication, several points made by the courts are worth considering for their potentially chilling effect on FDA authority and the challenges they may create for the life sciences industry, say attorneys at Morgan Lewis.

  • Every Lawyer Can Act To Prevent Peer Suicide

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    Members of the legal industry can help prevent suicide among their colleagues, and better protect their own mental health, by learning the predictors and symptoms of depression among attorneys and knowing when and how to get practical aid to peers in crisis, says Joan Bibelhausen at Minnesota Lawyers Concerned for Lawyers.

  • Building On Successful Judicial Assignment Reform In Texas

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    Prompt action by the Judicial Conference could curtail judge shopping and improve the efficiency and procedural fairness of the federal courts by implementing random districtwide assignment of cases, which has recently proven successful in Texas patent litigation, says Dabney Carr at Troutman Pepper.

  • Investor Proposals Show Abortion A Rising ESG Concern

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    The 2023 proxy season's wave of shareholder proposals about abortion-related issues signals that the post-Dobbs world expects companies to seriously consider and articulate comprehensive strategies for addressing how abortion and other environmental, social and governance issues affect investors and employees, say Carrie Byrnes and Megan Juel at Michael Best.

  • DOJ's Compensation Reforms Pit Cos. Against Their Execs

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    The U.S. Department of Justice’s new policy, incentivizing compliance-focused corporate compensation programs and prompt disclosures of misconduct, will complicate the relationship between companies and their executives, and create potential ethical conflicts for counsel, say Solomon Shinerock and Annika Conrad at Lewis Baach.

  • Do Videoconferences Establish Jurisdiction With Defendants?

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    What it means to have minimum contacts in a foreign jurisdiction is changing as people become more accustomed to meeting via video, and defendants’ participation in videoconferencing may be used as a sword or a shield in courts’ personal jurisdiction analysis, says Patrick Hickey at Moye White.

  • Top 5 Issues For Employers If Their Bank Suddenly Fails

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    The sudden closure of a bank can create a host of ripple effects, and if such a liquidity crisis occurs, employers should prioritize fulfilling their payroll obligations, as failing to do so could subject employers and even certain company personnel to substantial penalties, say attorneys at Manatt.

  • Prepare Now To Comply With NJ Temp Worker Law

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    New Jersey temporary staffing firms and their clients must prepare now for the time-consuming compliance requirements created by the controversial new Temporary Laborers' Bill of Rights, or face steep penalties when the law's strict wage, benefit and record-keeping rules go live in May and August, say attorneys at Duane Morris.

  • Takeaways From DOJ's Novel Insider Trading Indictment

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    The U.S. Department of Justice's recently announced insider trading charges in U.S. v. Peizer mark the first indictment based solely on an executive’s use of a Rule 10b5-1 trading plan, reflecting prosecutors' aggressive approach and providing insights for corporate executives, say attorneys at Cleary.

  • Opinion

    Humanism Should Replace Formalism In The Courts

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    The worrying tendency for judges to say "it's just the law talking, not me" in American decision writing has coincided with an historic decline in respect for the courts, but this trend can be reversed if courts develop understandable legal standards and justify them in human terms, says Connecticut Superior Court Judge Thomas Moukawsher.

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