Benefits

  • February 19, 2026

    Fidelity National Investors Get Initial OK For $210M Deal

    Investors in fintech Fidelity National Information Services have gotten an initial green light for their $210 million deal to settle allegations the company mischaracterized the business prospects of its multibillion-dollar acquisition of payment processor Worldpay.

  • February 19, 2026

    Alcoa Fights Retirees' Win In Life Insurance Fight At 7th Circ.

    Alcoa USA Corp. is looking to erase its retirees' win in a class action that claimed the aluminum manufacturer illegally cut off their life insurance benefits, telling the Seventh Circuit that the retirees owe their victory to an Indiana federal judge misreading their union contract.

  • February 19, 2026

    Investment Firm Denied CNA Defense From Competitor

    A CNA Financial Corp. unit has no duty to defend an investment firm from suits alleging it stole a competitor's employees and solicited its investors, a Connecticut federal judge said Thursday, ruling any claims that would have triggered that duty predated the policy period.

  • February 19, 2026

    NYC Pension Funds Sue AT&T Over Proxy Proposal Exclusion

    Several New York City pension funds have sued AT&T over what they say is the illegal exclusion of their shareholder proposal requesting a corporate diversity report from the telecom giant's corporate ballot, following an indication that regulators would allow the exclusion.

  • February 19, 2026

    Northrop Grumman 401(k) Suit Dropped For 4th Circ. Appeal

    A Virginia federal judge dismissed a suit Thursday against Northrop Grumman from workers who alleged misspending of 401(k) forfeitures, a step that followed the parties settling a final claim in anticipation of workers' Fourth Circuit appeal of the court's December order tossing most claims in the dispute.

  • February 19, 2026

    Benefits Group Of The Year: Goodwin

    Goodwin Procter LLP scored a full defense verdict for Natixis while also winning a class action appeal at the Eleventh Circuit on behalf of John Hancock Life Insurance Co., earning the firm a spot among the 2025 Law360 Benefits Groups of the Year.

  • February 19, 2026

    Northwell Health Should Beat Pension Plan Suit, Judge Says

    Northwell Health inched closer to escaping a proposed class action alleging the hospital system hid cuts to workers' pension plans when converting to a cash-balance plan in the late 1990s, after a New York federal magistrate judge held disclosures about plan changes complied with federal benefits law.

  • February 19, 2026

    Trader Joe's Wants To Check Out Of 401(k) Class Claims

    Trader Joe's asked a Massachusetts federal judge to free it from a class action claiming mismanagement of an employee retirement plan, saying participants haven't shown they were harmed by fees or one mutual fund option that had posted lackluster returns.

  • February 19, 2026

    Mylan Investors Ink $60M Deal In Quality Control Suit

    Investors in the former Mylan NV have reached a $60 million settlement with the company over claims the drugmaker manipulated quality control measures at a West Virginia facility and lied to shareholders, the investors told a federal court this week.

  • February 18, 2026

    Pa. Justices Put Limits On Workers' Comp Immunity

    The Pennsylvania Supreme Court on Wednesday reined in a state law offering broad immunity from liability for co-workers in workers' compensation cases, saying co‑employee immunity does not automatically apply just because two people work for the same employer.

  • February 18, 2026

    Blue Shield Of Calif. Says 'Ghost Network' Action Falls Flat

    Trouble finding a mental health care therapist is unfortunate but not something that an entire class action can be based on, argued Blue Shield of California, urging a federal judge to dismiss a suit accusing the company of maintaining a "ghost network" directory of providers who don't exist or don't accept new patients.

  • February 18, 2026

    2nd Circ. Says No Pension Bill For Bus Co. After Union Switch

    The Second Circuit on Wednesday backed a ruling that cut a school bus company's pension withdrawal liability to zero, siding with the company's interpretation that federal benefits law entitled it to a discount on what was owed when its employees switched from one union to another.

  • February 18, 2026

    Benefits Group Of The Year: Cohen Milstein

    Cohen Milstein's benefits team struck a $14.75 million deal with Citgo to end an outdated mortality data suit and secured a $7.9 million settlement in a 401(k) mismanagement case, earning the firm a place among the 2025 Law360 Benefit Groups of the Year.

  • February 18, 2026

    Retirees' Attys Get $99M Cut Of Colgate-Palmolive ERISA Deal

    A New York federal judge has signed off on a $99 million request from attorneys representing Colgate-Palmolive retirees who sought fees, expenses and other costs from an overall $332 million megadeal, ending claims the company skimped on pensioners' lump-sum retirement payouts.

  • February 18, 2026

    Liberty Mutual Inks $13.4M 401(k) Fee, Investment Suit Deal

    Liberty Mutual has agreed to shell out $13.4 million and change its employee 401(k) plan management process to end a class action alleging that the insurance company allowed excessive fees and underperforming investment options to drain workers' retirement savings, according to filings in Massachusetts federal court.

  • February 17, 2026

    4th Circ. Won't Revive Advance Auto Parts Fraud Suit

    The Fourth Circuit on Tuesday declined to revive a suit by investors claiming Advance Auto Parts and its top brass misled them about the failure of a new pricing strategy and about accounting errors, ruling they failed to allege the auto parts retailer had wrongful intent.

  • February 17, 2026

    Honeywell Settles $1.2M Suit Filed By Union Pension Fund

    A Washington federal court closed an Employee Retirement Income Security Act case that pit Honeywell International Inc. against a union pension fund Tuesday, shortly after the conglomerate and fund told the court that they've settled the $1.2 million lawsuit for an undisclosed amount.

  • February 17, 2026

    SEC's Atkins Floats Litigation 'Safe Harbor' For Public Cos.

    U.S. Securities and Exchange Commission Chairman Paul Atkins on Tuesday put forth a raft of ideas for encouraging shorter corporate disclosures, including a possible "safe harbor" for publicly traded companies looking to avoid shareholder lawsuits for failing to report the impact of highly publicized events on their businesses.

  • February 17, 2026

    Ga. Justices Clarify Third-Party Life Insurance Procurement

    The Georgia Supreme Court ruled that a third party can legally be said to have procured a life insurance policy on the life of another, even if the insured played a role, as long as the third party is the one who effectively obtained or acquired the policy.

  • February 17, 2026

    Cohen Milstein To Rep Perrigo Investors In Formula Biz Suit

    Cohen Milstein Sellers & Toll PLLC will represent a proposed class of Perrigo Company PLC investors who allege the company failed to disclose critical issues with infant formula operations that it purchased from Nestlé and caused stock prices to drop as the issues came to light. 

  • February 17, 2026

    Providence Health Inks $43M Deal In 401(k) Forfeiture Suit

    Providence Health & Services has struck a nearly $43 million deal to end a suit claiming the company used forfeited cash from its retirement plan to fund its employer contributions instead of plan expenses covered by workers, an agreement that stands to benefit 200,000 class members.

  • February 17, 2026

    Benefits Group Of The Year: Sanford Heisler

    Sanford Heisler Sharp McKnight LLP worked to secure UnitedHealth Group employee 401(k) plan participants a record-breaking, $69 million class action settlement to end allegations that underperforming investment offerings breached fiduciary duties, handily earning the plaintiffs-side firm a place among the 2025 Law360 Benefits Groups of the Year.

  • February 17, 2026

    Colo. Judge Allows Hospital To Pause Gender-Affirming Care

    A Colorado state judge declined to reinstate gender-affirming care for transgender youth patients of Children's Hospital Colorado, ruling that ordering the hospital to resume providing the care could risk the hospital's ability to provide pediatric care to other patients.

  • February 17, 2026

    BBQ Co. ESOP Members Urge Trial Despite DOL's $15M Deal

    A certified class of participants in a barbecue company's employee stock ownership program is seeking assurance that a $15 million settlement among the U.S. Department of Labor, the company's executives and the ESOP's caretaker won't affect a coming trial on the matter. 

  • February 13, 2026

    Iowa AG Urges 8th Circ. To Unblock Parts Of State PBM Law

    The state of Iowa urged the Eighth Circuit on Friday to lift a preliminary block on parts of a law limiting pharmacy benefit managers' power to set drug prices in the Hawkeye State, arguing a lower court judge erred in holding that parts of the policy were federally preempted.

Expert Analysis

  • Patterns And Trends In Publicly Filed Insider Trading Policies

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    An assessment of insider trading policies filed by over 60 issuers reveals a range of common approaches and a few differences with respect to key policy terms, including the parties covered, the scope of prohibited activities and the exceptions to these prohibitions, say attorneys at Debevoise.

  • Series

    Coaching Cheerleading Makes Me A Better Lawyer

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    At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.

  • How New Texas Law Targets ESG Proxy Advice

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    A recently enacted Texas law represents a major shift in how proxy advisory services are regulated in Texas, particularly when recommendations are based on nonfinancial factors like ESG and DEI, but legal challenges underscore the statute’s broader constitutional and statutory implications, say attorneys at Bracewell.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • Filing Clarifies FTC, DOJ's Passive Investment Stance

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    The antitrust agencies' statement of interest filed in Texas v. Blackrock clarifies that certain forms of corporate governance engagement are permissible under the "solely for investment" exemption, a move that offers guidance for passive investors but also signals new scrutiny of coordinated engagement, say attorneys at Stinson.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

  • Series

    Quilting Makes Me A Better Lawyer

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    Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

  • What To Expect From 401(k) Plan Alternative Assets Order

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    The executive order this month making it easier for retirement plans to invest in alternative assets, including private equity, real estate and digital assets, marks a watershed moment for democratizing access to private markets, but the U.S. Department of Labor's anticipated formal rulemaking will also be impactful, say attorneys at Simpson Thacher.

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • State AGs Are Turning Up The Antitrust Heat On ESG Actions

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    Recent antitrust developments from red state attorneys general continue a trend of environmental, social and governance scrutiny, and businesses exposed to these areas should conduct close examinations of strategy and potential material risk, say attorneys at Morgan Lewis.

  • Navigating Executive Perk Enforcement Under Trump Admin

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    While the U.S. Securities and Exchange Commission recently signaled a softer approach to executive perks, companies should remain vigilant due to the bipartisan and lengthy nature of executive perquisite cases and Chairman Paul Atkins' previous support for disclosure requirements, say attorneys at Gibson Dunn.

  • Rebuttal

    BigLaw Settlements Should Not Spur Ethics Deregulation

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    A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

  • 5 Ways Lawyers Can Earn Back The Public's Trust

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    Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.

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