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April 01, 2026
A union and a contractors association have beaten back allegations that they coerce employers into making excessive contributions to a union benefit fund, with a New Jersey federal judge tossing a proposed class action filed by a contractor last year.
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April 01, 2026
Investors in X, the social media platform formerly known as Twitter, have been granted class certification in litigation alleging tech billionaire Elon Musk secretly amassed a significant stake in the company while its stock traded at artificially depressed prices.
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April 01, 2026
An Oregon federal judge has dismissed nearly all the claims in a securities class action against Nike over what investors say was a failed business strategy, finding that most of the suit's challenged statements are nonactionable corporate optimism, but she allowed one alleged misstatement about Nike's innovation pipeline to proceed.
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April 01, 2026
A former Connecticut utility CEO and his onetime employer have agreed to the dismissal of his lawsuit alleging that he is owed defense costs tied to a pending criminal corruption case, which follows his conviction for misusing public funds on trips to the Kentucky Derby.
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April 01, 2026
A timber company and its independent fiduciary won dismissal of a proposed class action from pensioners who said the companies' choice of annuity provider for a $1.5 billion pension transfer put their retirements at unnecessary risk, after a Washington federal judge ruled that allegations failed to state a claim.
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April 01, 2026
More than 4 million children have been signed up for the new type of individual retirement account known as a Trump account, with more than a quarter of them eligible to receive $1,000 contributions through a pilot program, the Internal Revenue Service said.
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April 01, 2026
A Fifth Circuit panel wanted to know what specific misrepresentations BP Corp. North America Inc. made to about 7,000 retirees that caused them to think they were getting a sweeter retirement deal than they got, asking Wednesday which misrepresentations were the most "obvious."
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April 01, 2026
Virginia-based healthcare system Sentara Health will pay $1.5 million to settle a class action claiming it failed to remove an underperforming investment fund from its employee retirement plan, according to federal court filings.
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April 01, 2026
The Federal Circuit has rejected an attorney's appeal challenging a U.S. Department of Veterans Affairs order to return attorney fees he'd won in a disability case after the VA later determined they were unreasonable, finding that no appellate jurisdiction exists.
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April 01, 2026
Jones Walker LLP announced Wednesday that it added two new attorneys as members of its tax practice group and employee benefits team in Miami from Sugarman & Susskind PA.
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March 31, 2026
The former CEO of medical marijuana company Parallel, the scion to the Wrigley gum fortune, has, for now, beaten a lawsuit accusing him of lying about share prices to lure executive talent, with an Atlanta federal judge slamming the suit as "threadbare" and "devoid of even the most basic facts" about the company.
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March 31, 2026
The parent company of U.S. Anesthesia Partners Inc. remains in the crosshairs of a private antitrust suit accusing it of trying to monopolize Texas anesthesia services, while a federal judge dismissed for now claims against an affiliate that he said was too far removed from the alleged rollup strategy.
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March 31, 2026
The U.S. Department of Labor's recent proposal to give retirement plan fiduciaries legal cover to select a broader range of investments aims to reduce ERISA litigation, but attorneys on both sides of the bar say they expect the rule to face legal challenges if finalized as proposed.
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March 31, 2026
A New Jersey federal judge has trimmed class claims from a suit alleging payroll processing company ADP mismanaged employees' retirement savings, while also granting a partial win to the plaintiffs keeping claims over payments to an ADP subsidiary's plan alive.
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March 31, 2026
Executives and board members at a mechanical engineering company defeated a class action claiming top brass were illegally compensated for helping refinance an employee stock ownership plan, with a Georgia federal judge ruling that workers hadn't shown that management concealed the shares they owned.
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March 31, 2026
A Michigan hospital has urged a federal court to toss a lawsuit alleging it is refusing to arbitrate claims that it removed more than $500,000 in retirement health account credits owed to registered nurses, arguing the dispute falls outside the terms of its collective bargaining agreement with the nurses union bringing the claims.
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March 30, 2026
The U.S. Department of the Treasury's illicit finance watchdog called Monday for banks to step up monitoring for Medicare and Medicaid fraud, issuing new guidance on flagging suspicious activity, which came as officials also moved to incentivize financial crime reporting with new draft rules to offer tipster rewards.
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March 30, 2026
Seattle-area "bikini barista" espresso stand owner Alan Tagle routinely underpaid employees, threatened to cut their hours for missed sales goals and pocketed their tips on slow days, counsel for a class of workers told a Washington state judge Monday during opening arguments in a bench trial.
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March 30, 2026
A New York federal judge declined Monday to let Swiss Re's American unit escape a suit claiming it kept an underperforming investment fund in its retirement plan and failed to utilize forfeited cash, ruling the workers behind the case showed the company may have made shoddy management decisions.
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March 30, 2026
The Delaware Chancery Court's docket this past week featured disputes involving globally recognized companies, high-dollar contract fights, revived claims from the state's high court and the resolution of a closely watched de-SPAC case.
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March 30, 2026
An Illinois federal judge has decided to give class treatment to a West Monroe Partners employee's claim that the consulting firm shortchanged workers by at least $50 million when it bought up their stock.
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March 30, 2026
The top judge of the Delaware Chancery Court on Monday rejected Elon Musk's bid to force her off three high-profile cases involving stockholders and Tesla, but reassigned the litigation anyway, citing concerns that intense public attention could undermine confidence in the proceedings.
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March 30, 2026
The U.S. Department of Labor unveiled a proposal Monday to expand access to alternative investments, like private equity and digital assets, in retirement plans by establishing a safe harbor process for fiduciaries to follow when deciding where retirees' savings go.
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March 27, 2026
An attorney for Lockheed Martin employees blasted the aerospace giant's in-house retirement investment funds in Maryland federal court Friday, arguing that it failed in its fiduciary duty to change course when its investment arm kept fees high and consistently underperformed a market full of comparable options.
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March 27, 2026
Starbucks has agreed to pay $325,000 to settle a proposed class action in Florida federal court brought by employee health plan participants and their beneficiaries alleging lapses in the coffee chain retailer's post-employment medical insurance notices.