Union pension funds and other Meta stockholders have brought a proposed class action in Delaware Chancery Court against Mark Zuckerberg and the company's directors, including UFC President and CEO Dana White, seeking to halt a plan they say would let Zuckerberg sell billions of dollars in shares while cementing his voting control.
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TOP NEWS

Meta Investors Say No-Vote Stock Plan Benefits Zuckerberg

By Jarek Rutz

Union pension funds and other Meta stockholders have brought a proposed class action in Delaware Chancery Court against Mark Zuckerberg and the company's directors, including UFC President and CEO Dana White, seeking to halt a plan they say would let Zuckerberg sell billions of dollars in shares while cementing his voting control.

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Atty, Northwestern Mutual Settle Disability Benefits Suit

By Patrick Hoff

A real estate attorney agreed to drop his lawsuit alleging that Northwestern Mutual denied him disability benefits after his anxiety, depression and other mental health conditions rendered him unable to work, according to filings in New York federal court. 

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Ex-Worker Sues M&T Bank Over 401(k) Fund In New Jersey

By Kellie Mejdrich

An ex-worker hit M&T Bank with a proposed class action in New Jersey federal court, alleging that an underperforming investment fund in the bank's employee 401(k) plan cost workers tens of millions in future savings, breaching fiduciary duties under federal benefits law. 

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NC Health Plan, Atrium Settle Spat Over Cost-Sharing Program

By Hayley Fowler

The North Carolina state health plan said on Tuesday that it will add Atrium Health to its list of in-network providers next year after a public showdown over the nonprofit health system's exclusion from the plan's new preferred provider program.

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Deal In NFL 'Race-Norming' Benefits Suit Gets Final OK

By Grace Elletson

A Maryland federal judge gave the final green light Tuesday on a settlement that says an NFL disability benefits plan will reassess former players' cognitive health to resolve claims that it discriminated against nonwhite players by adjusting them to a lower cognitive baseline.

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LEGAL INDUSTRY

Weil To Wind Down As Top Attorneys Abandon Firm

By Daniel Moritz-Rabson, Alex Wittenberg and Aebra Coe

Weil Gotshal & Manges LLP, the restructuring powerhouse that led Lehman Brothers, Enron and General Motors through bankruptcy, told Law360 Pulse Wednesday that the firm is preparing to wind down operations.

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BigLaw Tip Middleman To Admit Role In $3.5M Trading Scheme

By Chris Villani

An alleged middleman in a sweeping scheme to trade off of deal information stolen from major law firms has agreed to plead guilty and potentially faces a prison term of nearly a decade, according to a plea agreement filed Wednesday in Massachusetts federal court.

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Judge Hellerstein, Gruff Moderator Of Major Cases, Dies At 92

By Pete Brush

Judge Alvin K. Hellerstein, a former litigator and sometimes impatient Manhattan federal jurist who presided over decades of high-profile cases that often came under close appellate scrutiny, died Wednesday at the age of 92.

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LA's Top Federal Prosecutor 'Unlawfully Serving,' Judge Finds

By Christine DeRosa

A federal judge has ruled that Los Angeles' top federal prosecutor isn't legally serving in the role and that he is disqualified from participating in or supervising two criminal prosecutions.

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Proskauer, Reddit Attys Called To Testify In Data-Scraping Suit

By Bryan Koenig

A New York federal judge on Wednesday called for live testimony from two Proskauer Rose LLP attorneys and Reddit's deputy general counsel as he weighs the law firm's bid to represent Perplexity AI in a lawsuit from Reddit, the firm's former client, over alleged data scraping.

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BakerHostetler Malpractice Case To Expand With RICO Claim

By Emily Johnson

A Georgia federal judge has allowed a trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice to file an amended complaint after the trustee asked to add claims of Georgia RICO Act violations.

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Mich. Judge Weighs Toshiba Legal Bills Discovery Fight

By Melanie Dorsey

A Michigan federal judge on Wednesday questioned whether she needs to review specific objections to DTE Electric Co. and Consumers Energy Co.'s multimillion-dollar attorney fee request before deciding whether Toshiba Corp. must disclose its own legal bills and litigation expenses following a nearly $394.4 million jury verdict over a botched power plant overhaul.

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SC Gov.'s Counsel Still In The Running For Federal Judgeship

By Courtney Bublé

The chief legal counsel for South Carolina Gov. Henry McMaster is "being actively considered" for a federal judgeship, according to the White House, but it's not a done deal yet.

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Analysis

Albright Left Key Issue In Billion-Dollar IP Fight Unanswered

By Dani Kass

In May 2025, then-U.S. District Judge Alan Albright watched a jury hold that VLSI Technology is controlled by Fortress Investment Group, but by the time he left the bench in August 2026, the judge had yet to decide whether that ownership would let Intel avoid billions of dollars in patent infringement verdicts.

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LAW FIRMS IN TODAY'S NEWS

Alston & Bird

Baker & Hostetler

Bartlit Beck

Beasley Allen

Block & Leviton

Burr & Forman

Bush Seyferth

Carella Byrne

Case Law Group

Cravath Swaine

Eric Buchanan & Associates

Foley & Lardner

Goodwin Procter

Groom Law Group

Handley Farah

Jenner & Block

Kaskela Law

Keker Van Nest & Peters

Labaton Keller

Latham & Watkins

Linley Jones Firm

McElroy Deutsch

McGuireWoods

McNair Law Firm

Milberg PLLC

Nace Law Group

Nelson Mullins

Paul Weiss

Proskauer Rose

Robinson Bradshaw

Sidley Austin

Sinclair Law Firm

Sirianni Youtz

Stroock & Stroock

Sullivan & Cromwell

Weil Gotshal

White & Case

Willkie Farr

WilmerHale

Wollmuth Maher

COMPANIES IN TODAY'S NEWS

Advocate Health

Atrium Health

BNP Paribas SA

Citrix Systems Inc.

DoorDash Inc.

Enstar Group Ltd.

Finjan Holdings Inc.

First Brands Group

Fortress Investment Group LLC

Google LLC

Intel Corp.

Johnson & Johnson

Lehman Brothers Holdings Inc.

M&T Bank Corp.

Meta Platforms Inc.

Platinum Partners LP

Poshmark Inc.

Reddit Inc.

Steward Health Care System LLC

T. Rowe Price Group Inc.

The Northwestern Mutual Life Insurance Co.

Thoma Bravo LLC

Toshiba Corp.

Ultimate Fighting Championship Ltd.

iRobot Corporation

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Michigan Supreme Court

Patent Trial and Appeal Board

U.S. Army

U.S. Attorney's Office for the Central District of California

U.S. Attorney's Office for the District of Massachusetts

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Jersey

U.S. District Court for the District of South Carolina

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Texas

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate