An Illinois federal judge trimmed a proposed class action against a building products company and its investment manager alleging that workers lost millions on underperforming 401(k) funds and excessive fees in their retirement plan, while leaving the door open for the ex-workers who sued to revise their claims.
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TUESDAY, AUGUST 25, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Building Products Co. Narrows Suit Over 401(k) Options, Fees

By Kellie Mejdrich

An Illinois federal judge trimmed a proposed class action against a building products company and its investment manager alleging that workers lost millions on underperforming 401(k) funds and excessive fees in their retirement plan, while leaving the door open for the ex-workers who sued to revise their claims.

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Merck Loses HHS Suit Over Medicare Drug Price Program

By Jared Foretek

A D.C. federal judge shot down Merck's challenge to the Inflation Reduction Act's Drug Price Negotiation Program on Monday, ruling that the pharmaceutical giant's voluntary participation in connected Medicare and Medicaid programs meant that its inclusion in the negotiation program doesn't constitute an unconstitutional taking.

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Brief

ATI Retirees To Appeal Toss Of Pension De-Risking Suit

By Patrick Hoff

Former ATI employees will ask the Third Circuit to reopen a proposed class action alleging the aerospace company put their retirement benefits at risk by converting $1.5 billion in pension obligations to insurance-backed annuities, according to a filing in Pennsylvania federal court.

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LITIGATION

Wis. Grocery Chain Settles Manager OT Suit For $7.5M

By Benjamin Morse

A Wisconsin grocery chain and a group of department managers have asked a federal court to preliminarily approve a $7.5 million settlement resolving claims that the workers were misclassified as overtime-exempt, a deal expected to cover roughly 1,000 current and former employees.

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Facebook Investors Move For Class Cert. After High Court Test

By Jessica Corso

Robbins Geller Rudman & Dowd LLP and Bernstein Litowitz Berger & Grossmann LLP are pushing to lead a class of Facebook Inc. investors who claim to have lost billions of dollars in the wake of the Cambridge Analytica scandal, saying they are well-positioned to spearhead the case after defeating a U.S. Supreme Court challenge.

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LEGAL INDUSTRY

6th Circ. Says Judge Can't Escape Teen Mock Arrest Suit

By Susan Smiley

A Sixth Circuit panel on Monday allowed to proceed a Michigan federal lawsuit filed against a Detroit judge who handcuffed a 15-year-old student and subjected her to a mock trial after she fell asleep in his courtroom, ruling that judicial immunity does not protect him.

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Ex-DOJ Fraud Attys Switch To Civil Focus At Boutique Firm

By Phillip Bantz

Criminal fraud prosecutors commonly pursue careers as white collar defense lawyers after exiting the U.S. Department of Justice, but a group of ex-DOJ lawyers who have recently joined national litigation boutique AXS Law Group are embarking on a path less traveled.

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Choate Brings On Former Willkie CFO In Boston

By Andrea Keckley

The former chief financial officer at Willkie Farr & Gallagher LLP has left to take on a new role as Choate Hall & Stewart LLP's CFO.

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Anthropic Appoints New General Counsel

By Matt Perez

Artificial intelligence giant Anthropic, which is behind the chatbot Claude, has appointed a new general counsel, with her predecessor moving into a role coordinating with international governments.

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Florida AG Slams Bar Complaint Against DHS Counsel

By Madison Arnold

Florida Attorney General James Uthmeier wrote to the executive director of the Florida Bar to criticize a recent complaint made to the bar against James Percival, general counsel of the U.S. Department of Homeland Security, for attacking judges.

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Greenberg Traurig Adds Morgan Lewis Employment Attorney

By Madison Arnold

A veteran Morgan Lewis & Bockius LLP employment attorney in Miami has moved her practice to Greenberg Traurig LLP, the firm announced Tuesday.

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Cooley Life Sciences Atty Joins Foley & Lardner In San Diego

By Adrian Cruz

Foley & Lardner LLP announced that a life sciences attorney with over 30 years of experience has jumped to the firm's San Diego office as a partner from Cooley LLP.

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Firm Revenue Climbs 12.4% In First Half Of 2026

By Daniel Moritz-Rabson

Record billing rate gains, strong demand and increased productivity fueled a successful start to the year for the legal industry, according to a report released Tuesday.

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Colo. Judge Ships $8.3M Messner Reeves Fraud Suit To Utah

By Zach Dupont

A Colorado federal judge granted a motion Monday from law firm Messner Reeves LLP to move a lawsuit accusing the firm of stealing more than $8 million as part of a fraudulent loan scheme to Utah after finding the venue was the proper forum to litigate the claims.

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LAW FIRMS IN TODAY'S NEWS

AXS Law Group

Advisors LLC

Alston & Bird

Bernstein Litowitz

Chase Law & Associates

Choate Hall

Cooley LLP

Fieger Law

Foley & Lardner

Gibson Dunn

Gordon Rees

Greenberg Traurig

Head Murphy

Jackson Lewis PC

Jones Day

Kilpatrick Townsend

Messner Reeves

Milberg PLLC

Morgan Lewis

Perkins Law

Perkins Law Group PLLC

Robbins Geller

Ropes & Gray

Spencer Fane

Willkie Farr

COMPANIES IN TODAY'S NEWS

ATI Inc.

Amalgamated Bank

Anthropic PBC

AstraZeneca PLC

Cornell University

Festival Foods Inc.

Google LLC

JELD-WEN Inc.

LinkedIn Corp.

McKinsey & Co. Inc.

Merck & Co. Inc.

Meta Platforms Inc.

Northeastern University

Outcome Health

Princeton University

Rhapsody International Inc.

State Street Global Advisors Inc.

The Florida Bar

University of Virginia

Wells Fargo & Co.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Supreme Court

Florida Supreme Court

U.S. Agency for International Development

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Agriculture

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District Court for the District of Columbia

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

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

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

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the District of Utah

United States District Court for the Western District of Wisconsin