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June 03, 2026
Consumer goods company Helen of Troy Ltd. faces a proposed investor class action alleging it concealed its struggles to restructure after a spate of acquisitions, hurting investors as its trading prices sank when financial fallout from the problems became public.
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June 03, 2026
MetLife has agreed to increase retirees' monthly pension benefits and settle a class action claiming its use of outdated mortality data unlawfully reduced retirement payouts in a deal worth $23 million, the workers leading the suit told a New York federal court.
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June 02, 2026
The Delaware Court of Chancery on Tuesday refused to dismiss a stockholder lawsuit accusing Virtu Financial Inc.'s founder and top executives of using the company's share repurchase program to unfairly enrich insiders at the expense of public investors, finding that the claims were reasonably supported at the pleading stage.
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June 02, 2026
Electric vehicle maker Lucid Group Inc. was hit with a proposed investor class action alleging that the company made misleading statements about its production and sales before revealing an issue with a supplier was affecting vehicle deliveries, adding to the list of shareholder litigation it faces over production.
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June 02, 2026
A U.S. Department of Labor proposal to expand retirement plans' access to alternative investments, such as private equity and digital assets, garnered over 47,000 comments, with investment industry groups seeking minor changes while Democratic attorneys general, unions and other critics warned that protections for savers could be weakened.
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June 02, 2026
The Texas State Securities Board announced it has entered an emergency order to halt a purported property group, its principals and an associated Texas resident from offering and selling unregistered and fraudulent tokenized real estate investments, saying the conduct "threatens immediate and irreparable public harm."
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June 02, 2026
Several Eleventh Circuit judges voiced support during en banc arguments Tuesday for overturning precedent backing the appellate court's exhaustion requirement for federal benefits claims, signaling the potential reinstatement of a proposed class action alleging mismanagement of a seafood company's employee stock ownership plan.
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June 01, 2026
A special master recommended Monday that a New Jersey federal judge certify a class of Valeant Pharmaceuticals stockholders looking to hold PwC liable for missing "red flags" that could have caught what they called market manipulation by the pharmaceutical company, rejecting the professional services giant's argument that the lead plaintiff's claims are atypical and "lawyer-driven."
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June 01, 2026
Washington state Cabinet agencies will soon be required to accommodate employees experiencing menopause and perimenopause after Gov. Bob Ferguson on Monday instructed the state Women's Commission to help develop guidance, policies and resources applicable to menopause-related conditions.
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June 01, 2026
The NFL's disability and retirement plans have agreed to reassess former players' cognitive health to settle a sweeping class action accusing the plans of muting the results based on race.
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June 01, 2026
Investors in temperature-controlled warehouse giant Lineage Inc. can't show they were misled about the company's prospects ahead of its $4.4 billion initial public offering in 2024, the company has argued in Michigan federal court, arguing it plainly disclosed at the time that it was debuting amid a "soft" market for cold storage.
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June 01, 2026
General Motors investors who alleged the automotive giant misrepresented technological capabilities and commercial readiness of its self-driving unit's robotaxis urged a Michigan federal judge to grant class certification, arguing Friday the merits of their securities fraud case "turn on a common course of misconduct — defendants' public misrepresentations."
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June 01, 2026
The Delaware Chancery Court this past week handled disputes involving merger litigation, startup financing battles, cryptocurrency contracts, investor oversight claims and corporate governance challenges, while also issuing notable rulings in cases tied to World Wrestling Entertainment Inc., cybersecurity company KnowBe4 Inc. and biotechnology firm Ayala Pharmaceuticals Inc.
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May 29, 2026
The Ohio attorney general has urged a federal judge not to dismiss prescription drug price-fixing claims against Express Scripts, its Cigna parent and fellow pharmacy benefit manager Prime Therapeutics, arguing the companies are trying to fight his state law antitrust claims by invoking federal law standards that do not apply.
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May 29, 2026
The Seventh Circuit ruled Friday that a Teamsters pension fund didn't overstep when it tried to kick out a Penske bargaining unit in Dallas, finding it was reasonable for plan trustees to conclude the agreement with the company allowed it to expel the unit.
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May 29, 2026
A Pennsylvania federal judge has rejected the United Steelworkers' bid to block materials manufacturer Saint-Gobain from changing union retirees' healthcare benefits, ruling that the union fell short in proving its members would suffer irreparable harm if the changes are made before the parties have finished arbitrating them.
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May 29, 2026
A New Jersey federal judge ruled Friday that adult entertainers who perform on a streaming service are independent contractors under federal wage law but employees under New Jersey law, handing both sides partial wins in a wage class and collective action over the platform's pay practices.
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May 29, 2026
Some employers have been reducing employee benefits, attorneys say, a move that brings both legal and reputational risks. Here's a look at three areas where practitioners are seeing cutbacks and the pitfalls they present.
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May 28, 2026
Two Miami businessmen asked a Florida federal court on Thursday to garnish a former city commissioner's $770,000 settlement from a state court lawsuit as payment toward a multimillion-dollar political retaliation judgment, arguing the funds can't be shielded under state law as they are compensatory in nature.
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May 28, 2026
A UnitedHealthcare subsidiary and two customers who alleged its failure to approve full coverage for PrEP violated the Affordable Care Act have agreed to settle their dispute, parties told a Minnesota federal court.
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May 28, 2026
The U.S. Department of Justice announced that it's speeding up the agency's review of whistleblower complaints accusing contractors of defrauding state-administered benefits programs that are funded by the federal government, in violation of the False Claims Act.
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May 28, 2026
A proposed class action accusing Delta Air Lines Inc. of shorting married pensioners on retirement benefits by miscalculating lump-sum payouts will move forward after the airline and former workers failed to settle during mediation earlier this month.
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May 28, 2026
The Ninth Circuit has said it will not disturb its March ruling allowing a hospital chain to pursue a False Claims Act lawsuit against various pharmaceutical companies for allegedly causing the government to overpay for drugs under a discount program.
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May 27, 2026
An Indiana federal judge on Wednesday dismissed consolidated shareholder derivative litigation alleging engine manufacturer Cummins Inc.'s top executives breached their fiduciary duties by overseeing a scheme to rig vehicles with emissions-cheating software, prompting $2 billion in penalties to settle regulators' claims concerning Clean Air Act violations.
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May 27, 2026
The Eleventh Circuit Wednesday granted the U.S. Department of Labor permission to argue as amicus in support of a seafood company in a worker-side appeal seeking to revive allegations of mismanagement of an employee stock ownership plan, which the full appellate court has agreed to consider in September.