Swiss Re Can't Shut Down 401(k) Forfeiture Suit

By Grace Elletson

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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DOL Rule Would Expand Alternatives In Retirement Plans

By Kellie Mejdrich

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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Chancellor Rejects Musk Recusal Bid But Transfers Tesla Suits

By Jarek Rutz

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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FinCEN Cautions On Benefits Fraud, Floats Tipster Award Plan

By Jon Hill

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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$2.5B Stock Deal Shorting Claims Receive Class Treatment

By Lauraann Wood

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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'A-C-T' Agenda Signals New Regulatory Era At SEC Speaks

At this year's SEC Speaks, U.S. Securities and Exchange Commission Chairman Paul Atkins unveiled his ambitious A-C-T agenda — advance, clarify and transform — to align the federal securities regulatory regime with modern markets, illustrating that the conference was not merely a status update but an action plan, say attorneys at Perkins Coie.

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Opinion

AI Presents A Make-Or-Break Moment For Outside Counsel

The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

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Feature

Rats, Vapes And Vodka: Strange But True Cases For April Fool's

By Emily Field

A dead rodent in a burrito bowl delivery, a mix-up with vodka seltzer in the wrong cans and the Toys R Us brand taking on a Connecticut vape shop are among Law360's list of strange cases suitable for April Fool's Day.

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FTC Backs Florida's Move To Kill ABA's Accreditation Monopoly

By Hailey Konnath

The Federal Trade Commission said Tuesday that it supports the Florida Supreme Court's recent decision to end the American Bar Association's longstanding accreditation monopoly, agreeing with the finding that it is "not in Floridians' best interest for the ABA to be the sole gatekeeper" in deciding who sits for the bar exam.

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NC Attys Oppose DOJ Interference In State Ethics Complaints

By Hayley Fowler

A group of North Carolina lawyers is opposing the U.S. Department of Justice's proposed rule allowing the attorney general to review state-level ethics complaints against the department's attorneys, saying such a change would undercut the Tar Heel State's ability to regulate government lawyers.

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Blumenthal Presses DHS Chief To Scrap ICE Warrant Memo

By Courtney Bublé

Sen. Richard Blumenthal, D-Conn., a top Democrat on the Senate Homeland Security and Government Affairs Committee, is looking for assurances from the newly installed secretary of the U.S. Department of Homeland Security, Markwayne Mullin, that he will honor his apparent pledge to rescind a policy that allows immigration agents to enter private property without a judicial warrant.

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Habba, Ex-Firm Get Defense Redo In Suit Over Divorce Advice

By Jake Maher

A New Jersey appeals court gave former acting U.S. Attorney for New Jersey Alina Habba another chance to pursue an anti-abusive litigation motion against an attorney suing her for malicious prosecution on Tuesday.

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7th Circ. Scolds Ex-Judge For Citing Fake Cases In Brief

By Celeste Bott

A Seventh Circuit panel admonished an attorney and former chief federal immigration judge for submitting a brief citing two nonexistent cases and a false quotation, saying while such errors can be "tell-tale signs" of AI hallucinations, her denial she used AI is "plausible" and the court won't consider further sanctions.

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'Construction Has To Stop!': Judge Blocks Trump's Ballroom

By Dorothy Atkins

A Washington, D.C., federal judge Tuesday granted a historical preservation nonprofit's request for a preliminary injunction halting President Donald Trump's plans to turn the White House's East Wing into an "enormous" 89,000-square-foot ballroom, saying "unless and until Congress blesses this project through statutory authorization, construction has to stop!"

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Beasley Allen Seeks Stay Of DQ In Federal J&J Talc MDL

By Jake Maher

The Beasley Allen Law Firm asked a New Jersey federal court on Monday to hold off on disqualifying it from talc litigation against Johnson & Johnson while it appeals the disqualification order which it called "unprecedented and incorrect."

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Senate Dems Probe Musk's Alleged Role In CTA Retreat

By Sarah Jarvis

Three Democratic senators have asked U.S. Treasury Secretary Scott Bessent to provide information on Elon Musk's possible involvement in the rollback of the Corporate Transparency Act, saying the department's moves allow entities tied to the billionaire to operate in obscurity.

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Analysis

Defamation Litigation Roundup: Unilever, Afroman, Musk

By Theresa Schliep

In this month's review of defamation fights, Law360 highlights a new suit against Unilever by an ousted member of a Ben & Jerry's board, as well as Afroman's defeat of a case by Ohio police officers after a raid of the comedic rapper's home.

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FBI Fired Agents Over Trump 2020 Election Inquiry, Suit Says

By Bonnie Eslinger

Former FBI agents who say they were illegally fired for working on the investigation into President Donald Trump's efforts to overturn his 2020 election loss filed a proposed class action in D.C. federal court Tuesday accusing the government of unconstitutional "political retribution."

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Brief

Moye White, Ex-Landlord Settle $4M Denver Lease Dispute

By Zach Dupont

Days before the start of a bench trial between a Denver landlord and defunct law firm Moye White LLP in state court, the two parties reached a settlement, ending the litigation where the landlord accused the firm of owing almost $4 million.

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