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Class Action
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February 17, 2026
SPAC Sponsor Execs Kept $29M Biz Breakup Fee, Suit Says
A blank check company sponsor linked to energy giant Nabors Industries is facing investor allegations that its brass unfairly laid claim to a $29 million settlement sum despite missing a deadline to merge with another company.
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February 17, 2026
10th Circ. Won't Revive Dish Investors' 5G Rollout Suit
The Tenth Circuit on Tuesday declined to revive a proposed class action brought by Dish Network investors claiming the company misled shareholders about the success of its 5G network rollout, finding the district court correctly analyzed the suit's claims and its ruling.
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February 17, 2026
Reddit Fights Investor Suit Over Google AI Impact
Reddit wants out of a proposed investor class action accusing it of downplaying the impact that Google's artificial intelligence-generated search results have had on the forum website's traffic and ad revenues, arguing it has always been up-front with the public about the potential competition from Google.
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February 17, 2026
Atty Can't Both Lead And Rep Class In Lawsuit, NJ Court Says
An attorney can't be both the lead plaintiff and class counsel in a class action, a New Jersey appeals court ruled Tuesday, leaning on a more than 40-year-old state supreme court decision in denying class certification in a lawsuit accusing an electric bike maker of selling defective products.
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February 17, 2026
Globe Life Reaches $4.66M Deal Over Client Data Breach
Globe Life Inc. and a subsidiary have agreed to pay up to $4.66 million to resolve a proposed class action alleging the life insurance companies failed to protect the private information of policyholders and applicants from an October 2024 data breach, according to a filing in Texas federal court.
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February 17, 2026
Union Says Express Scripts Diverted Billions In Kickback Fees
A Chicago plumbers union healthcare fund told an Illinois federal court Tuesday that the nation's largest pharmacy benefit manager, Express Scripts, violated federal criminal law when it used a Switzerland-based company to hide kickbacks it generated by charging drug companies fees for key placement on prescription plan drug lists.
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February 17, 2026
Merger Materials Hid Portland Project Woes, Investors Say
Defending against a dismissal motion, Broadmark Realty Capital shareholders are claiming proxy materials for a 2023 merger between Broadmark and Ready Capital failed to mention multifamily loan distress or cost overruns for a Portland, Oregon, project backed by a $460 million loan in Ready Capital's portfolio.
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February 17, 2026
Bill Ackman Sued Over Howard Hughes Control Deal
Stockholders of Howard Hughes Holdings Inc. have brought a derivative class action in the Delaware Chancery Court against billionaire investor Bill Ackman and several company directors, accusing them of orchestrating a coercive takeover that handed Ackman's Pershing Square effective control of the real estate developer without paying a control premium or giving minority investors a vote.
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February 17, 2026
Catching Up With Delaware's Chancery Court
Cryptocurrency and artificial intelligence disputes continued their slow weave into Delaware Court of Chancery and state Supreme Court dockets last week, with jurists and litigants grappling over how — or if — the courts' old-school equity jurisdiction and fiduciary duty hooks apply to new kinds of deals.
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February 17, 2026
Boeing, Ex-CEO Escape Fund's 737 Max Fraud Suit
An Illinois federal judge on Tuesday tossed a securities fraud suit accusing Boeing of misrepresenting the safety of its 737 Max 8 jets after two deadly crashes overseas, saying a Massachusetts-based investment fund cannot pursue claims purportedly assigned to it by a defunct assignor.
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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.
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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.
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February 17, 2026
Cargo Airline To Pay Pilots $425K In Training Repay Dispute
A Texas regional cargo airline operator will pay $425,000 to pilots who claimed they would have to pay thousands of dollars if they left the company before a certain amount of time, after a federal judge preliminarily approved the deal.
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February 17, 2026
J&J Fights Beasley Allen's Bid To Pause Talc DQ Ruling
A New Jersey state court lacks standing to block an appellate panel's removal of Beasley Allen from representing hundreds of women with ovarian cancer pursuing claims against Johnson & Johnson over talcum powder, the pharmaceutical company has argued in an opposition brief.
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February 17, 2026
Sick Juror Delays Meta Trial Ahead Of Zuckerberg Testimony
The first bellwether trial over thousands of claims that social media companies harm young people's mental health was delayed Tuesday due to a juror being hospitalized with an illness, although the California state judge in the case said the trial will resume one way or another on Wednesday, when Meta Platforms CEO Mark Zuckerberg is scheduled to testify.
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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.
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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.
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February 17, 2026
Nurse, Staffing Cos. Settle 'Indentured Servitude' Suit For $1M
Two healthcare staffing companies will pay $1 million to end a proposed class and collective action claiming they engaged in "indentured servitude" by forcing nurses to repay visa-related costs, according to an Ohio federal court filing.
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February 17, 2026
Volvo Faces Class Suit Claiming Unpaid Call Center Work
Volvo violated federal and state law by forcing customer service representatives to perform unpaid overtime work in order to be "phone ready" the moment their shifts began, a former employee said in a proposed class action filed in North Carolina federal court.
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February 17, 2026
Battery Co. Calls Energizer's Trade Secret Claims 'Meritless'
A California battery company accusing Energizer and Walmart of colluding to fix retail battery prices said Energizer's counterclaims of inducing an account manager to steal trade secrets were "tactical and meritless" and has asked a federal judge to dismiss them.
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February 17, 2026
Bayer AG Unveils $7.3B Deal For Roundup Users
Bayer AG unit Monsanto has agreed to pay up to $7.25 billion over as many as 21 years to resolve current and future claims that exposure to the weed killer Roundup caused non‑Hodgkin lymphoma, under a proposed nationwide class settlement filed Tuesday in Missouri state court in St. Louis.
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February 13, 2026
Stanford Prof Tells Jury Studies Confirm Social Media Addiction
A Stanford University professor of psychiatry and addiction returned to the witness stand Friday in a California bellwether trial over claims that social media companies harm young people's mental health, saying studies have concluded that addiction to platforms such as YouTube and Instagram is real and can hurt mental health.
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February 13, 2026
FullBeauty Can't Nix Wash. Anti-Spam Suit As Unconstitutional
A Seattle federal judge rejected an apparel retailer's arguments that a Washington state anti-spam law is unconstitutional and preempted by federal law, ruling that a consumer's proposed class action against FullBeauty Brands can move forward.
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February 13, 2026
Fintech's Home Equity Product Is Predatory Loan, Suit Says
Fintech firm Hometap Equity Partners LLC faces class action claims in New Jersey federal court that its "complex, confusing and high-risk" home equity products are predatory loans in disguise that violate federal and state consumer protection laws and could cost consumers their homes.
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February 13, 2026
Expensify Inks $9.5M Investor Deal Over Pre-IPO Claims
Expensify Inc. has agreed to pay $9.5 million to resolve a proposed class of investors' lawsuit that accused the company of misleading them about its "bottom-up" business model ahead of its nearly $263 million initial public offering, according to a motion seeking an Oregon federal court's preliminary approval of the settlement.
Expert Analysis
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A Look At State AGs' Focus On Earned Wage Products
Earned wage products have emerged as a rapidly growing segment of the consumer finance market, but recent state enforcement actions against MoneyLion, DailyPay and EarnIn will likely have an effect on whether such products can continue operating under current business models, say attorneys at Quinn Emanuel.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Notable Q3 Updates In Insurance Class Actions
The third quarter of 2025 was another eventful quarter for total loss valuation class actions, with a new circuit split developing courtesy of the Sixth Circuit, while insurers continued to see negative results in cost-of-insurance class actions, says Kevin Zimmerman at BakerHostetler.
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Game Not Over: Player Redshirt Suits Keep NCAA On Defense
A class action recently filed in Tennessee federal court highlights a trend of student-athlete challenges to the NCAA's four seasons eligibility rule following the historic House settlement in June, which altered revenue-sharing and players' name, image and likeness rights, say attorneys at BakerHostetler.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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$233M Disney Deal Shows Gravity Of Local Law Adherence
A California state court recently approved a $233 million settlement for thousands of Disneyland workers who were denied the minimum wage required by a city-level statute, demonstrating that local ordinances can transform historic tax or bond arrangements into wage law triggers, says Meredith Bobber Strauss at Michelman & Robinson.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
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Post-Genius Landscape Reveals Technical Stablecoin Hurdles
The Genius Act's implementation has revealed challenges for mass stablecoin adoption, but there are several factors that stablecoin issuers can use to differentiate themselves and secure market share, including interest rate, liquidity, and safety and security, say attorneys at Olshan Frome.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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Steps For Healthcare Providers After Cigna ERISA Settlement
Following the Cigna class action's settlement, where Employee Retirement Income Security Act violations arose from Cigna's online provider directory advertising providers as in-network who were actually out-of-network, providers should routinely audit their contract status and directory listings, and proactively coordinate with plans and payor partners, say attorneys at ArentFox Schiff.
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
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A Shift To Semiannual Reporting May Reshape Litigation Risk
While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.
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H-1B Fee Guidance Is Helpful But Notable Uncertainty Persists
Recent guidance narrowing the scope of the $100,000 entry fee for H-1B visas will allow employers to plan for the hiring season, but a lack of detail about the mechanics of cross-agency payment verification, fee exemptions and other practical matters still need to be addressed, say attorneys at Klasko Immigration Law Partners.