A Massachusetts federal judge on Wednesday dismissed a proposed class action against Maersk Inc. and its retirement plan service providers from participants in the logistics and shipping company's employee 401(k) plan who allege that underperforming investments breached fiduciary duties, but gave the participants another chance to amend their claims.
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THURSDAY, JULY 16, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Maersk 401(k) Stable Value Fund Suit Tossed In Mass. For Now

By Kellie Mejdrich

A Massachusetts federal judge on Wednesday dismissed a proposed class action against Maersk Inc. and its retirement plan service providers from participants in the logistics and shipping company's employee 401(k) plan who allege that underperforming investments breached fiduciary duties, but gave the participants another chance to amend their claims.

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Health Co. Nears Deal To End Telemarketing Co. Breach Fight

By Kellie Mejdrich

A Florida judge agreed Wednesday to hold off on deciding a motion to stay proceedings in a breach of contract action brought by a telemarketing company that federal regulators accuse of selling $91 million in fake Obamacare plans, after the defendants told the court they're close to a settlement.

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United Owes $630K In Fight Over Teen's Mental Health Care

By Grace Elletson

United Healthcare must pay $630,000 to a mother who challenged the insurance company's decision to deny coverage for her son's residential mental health treatment, a Utah federal judge ordered, after rejecting the company's bid to slim her requests for interest and attorney fees.

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Biz, Benefits Groups Tell 4th Circ. To Nix 401(k) Forfeiture Suit

By Grace Elletson

A trio of business and benefits groups asked the Fourth Circuit to uphold the dismissal of a suit claiming Northrop Grumman improperly used forfeited 401(k) cash to fund its plan contributions, stating it would be "exceedingly odd" for the case to proceed against federal regulations allowing the practice.

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LITIGATION

Pa. Panel Backs Benefits For Giant Eagle Worker Hit By Car

By Matthew Santoni

A Pittsburgh pharmacy technician can get workers' compensation after she was hit by a car during her 15-minute lunch break, since the break was limited enough to fall under the "personal comfort doctrine" in state law, a divided appellate court ruled Wednesday.

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Fintech's New Brass Drained Company With Fees, Suit Says

By Katryna Perera

A financial technology and security firm led in part by the former CEO of Honeywell International faces an investor suit alleging he and others took control of the business and turned it into a "highly leveraged conglomerate" from which they profited by "extracting exorbitant management fees" at shareholders' expense.

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Analysis

Circuit-By-Circuit Guide To The US Supreme Court's Term

By Jeff Overley

Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.

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BANKRUPTCY

First Brands Seeks OK To End Retirement Benefits In Ch. 11

By Clara Geoghegan

Car parts giant First Brands Group told a Texas bankruptcy judge that it can't keep paying retired employee benefits past the end of July under its Chapter 11 budget, and asked for authority to stop covering life insurance, health insurance and other benefits.

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LEGAL INDUSTRY

How Does Your Compensation Stack Up? Take Our Survey

Is your compensation keeping pace with the rate of inflation? Do you know what your colleagues made last year? Help Law360 Pulse answer these questions and more in this year's Law Firm Compensation Survey.

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McDermott Atty Denies Pressuring Friend To Alter Testimony

By Rose Krebs

A McDermott Will & Schulte LLP attorney has told a Delaware vice chancellor that he is in "complete shock" and "hurt" by a longtime friend's contention that he pressured him to change his testimony in a Chancery Court case, saying the accusation "is false and without any merit."

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Richards Layton Apologizes For AI Errors In Chancery Case

By Rose Krebs

Richards Layton & Finger PA and one of its attorneys have apologized to the Delaware Chancery Court for submitting a filing with errors generated by artificial intelligence, asking that sanctions not be imposed.

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Feature

In Uber Assault Trial, A Courtroom Tests Truth Face-To-Face

By Hayley Fowler

This is the first in a two-part series about the Virginia Revival Model courtroom in the Charles R. Jonas federal courthouse in Charlotte, North Carolina. Here, judges and attorneys recall how a sexual assault trial against Uber unfolded in a space designed to place focus on the witnesses.

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Colo. Firm Hit With $193K Malpractice Suit Over Fee Bid

By Benjamin Morse

A Colorado law firm and one of its attorneys caused two former clients to lose more than $193,000 in legal fees by failing to submit billing records supporting a fee request after winning an underlying case, according to a malpractice suit filed in state court.

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Baker Donelson Taps Four-Year Shareholder For DC Manager

By Jack Rodgers

Baker Donelson Bearman Caldwell & Berkowitz PC has named a four-year attorney as the managing shareholder of its Washington, D.C., office, who joined the firm in 2022 only a few years removed from a career as a U.S. Department of Justice fraud prosecutor.

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Arnall Golden Brings On Arnold & Porter Litigator In DC

By Emily Johnson

Arnall Golden Gregory LLP has added an Arnold & Porter Kaye Scholer LLP partner in the firm's Washington, D.C., office and named him chair of the firm's Foreign Agents Registration Act compliance practice.

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Private Equity Firm Behind MSO Deals Closes $670M Fund

By Emma Cueto

Private equity firm Uplift Investors, which has taken aim at the legal industry through deals between its managed services organization and personal injury law firms, on Thursday announced the close of its debut fund with $670 million in capital commitments.

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Simpson Thacher 'Never' Explained Ill-Fated Deal, Exec Says

By Cara Salvatore

A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various words he wasn't familiar with in the deal.

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Blue-Slip Backed Trump Judge Selections Advance

By Courtney Bublé

The first two judicial nominations of the second Trump administration to receive supportive blue slips from Democratic senators advanced to the Senate floor Thursday.

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Feature

As Law Firms Race To Adopt AI, Cost Concerns Grow

By Phillip Bantz

Pressure is mounting on law firm leaders to dive into the AI waters or watch competitors swim away, but figuring out responsible, cost-effective methods to use high-priced legal tech remains tricky, experts say.

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Goulston Docked Ex-Partners' Pay For Joining Rival, Suit Says

By Julie Manganis

Two Goulston & Storrs PC directors who jumped to Troutman Pepper Locke LLP were stiffed out of hundreds of thousands of dollars in compensation in retaliation for leaving, according to a suit filed Thursday in New York federal court.

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Tillis Might Back Blanche, As AG Pick Met Epstein Survivors

By Courtney Bublé

Acting U.S. Attorney General Todd Blanche on Thursday afternoon met with a group of survivors of sex offender Jeffrey Epstein after retiring Sen. Thom Tillis, R-N.C., said his condition for supporting Blanche's appointment to the permanent position was for the nominee to speak to them face-to-face.

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LAW FIRMS IN TODAY'S NEWS

Abrams & Bayliss

Anapol Weiss

Arnall Golden

Arnold & Porter

Baker Donelson

Burns Charest

Cohen & Gresser

Conrad & Scherer

Cuneo Gilbert

Dudley DeBosier

Faegre Drinker

Foley Hoag

Freshfields

Goodwin Procter

Gould & Ratner

Goulston & Storrs

GrayRobinson

Groom Law Group

Hughes & Coleman

Hunton Andrews

John Foy & Associates

Kirkland & Ellis

Landis Rath

Latham & Watkins

Marshall Dennehey

McDermott Will & Schulte

Miller & James

Miller Shah

Morgan Lewis

Morris Nichols

Olshan Frome

Paul Hastings

Pond Lehocky

Potter Anderson

Pryor Cashman

Quinn Emanuel

Reed Smith

Richards Layton

Robbins Geller

Robinson & Cole

Ruebel & Quillen

Schlichter Bogard

Simpson Thacher & Bartlett

Sodhi Spoont

Stearns Weaver

Todd & Weld

Troutman

Watstein Terepka

Weil Gotshal

Williams & Connolly

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

Affordable Care LLC

Alvarez & Marsal Holdings LLC

American Benefits Council

Federal Bar Association

First Brands Group

Giant Eagle Inc.

Gridiron Capital LLC

Hard Yaka Inc.

Harvard University

Honeywell International Inc.

KPMG International

Legal Services of Northern Virginia

LinkedIn Corp.

Microsoft Corp.

New York Life Insurance Co.

Northrop Grumman Corp.

Palantir Technologies Inc.

Patriot National Inc.

Temple University

The ERISA Industry Committee

Tidewater, Inc.

U.S. Chamber of Commerce

Uber Technologies Inc.

United Steelworkers

United Way Worldwide Inc.

Virginia State Bar

Washington Legal Foundation

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office of the President

Federal Bureau of Investigation

Federal Communications Commission

Federal Reserve System

Federal Trade Commission

Pennsylvania Supreme Court

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

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

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

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

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

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

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of North Dakota

United States District Court for the District of Utah