The U.S. Department of Labor's employee benefits subagency Thursday proposed a rule to require new fee disclosures from pharmacy benefit managers, which act as intermediaries between drugmakers, pharmacies and insurers, to help managers of employee health plans ensure PBM services are reasonably priced.
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FRIDAY, JANUARY 30, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

DOL Proposes Pharmacy Benefit Manager Fee Disclosure Rule

By Kellie Mejdrich

The U.S. Department of Labor's employee benefits subagency Thursday proposed a rule to require new fee disclosures from pharmacy benefit managers, which act as intermediaries between drugmakers, pharmacies and insurers, to help managers of employee health plans ensure PBM services are reasonably priced.

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4th Circ. Wary Of Kicking Up 'Sandstorm' On Deferred Comp.

By Kellie Mejdrich

The Fourth Circuit appeared reluctant Thursday to revive a proposed class action brought against Bank of America and Merrill by an ex-financial adviser who said he was shorted deferred compensation, as judges questioned whether federal benefits law applied to payments that looked like bonuses.

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Shoddy Funds Cost Bloomberg 401(k) Investors Big, Suit Says

By Grace Elletson

Bloomberg may have lost its workers almost $200 million by failing to nix two underperforming investment funds from its $5 billion retirement plan, according to a proposed class action filed in New York federal court on Thursday claiming the financial data and media company shirked its fiduciary duties.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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LITIGATION

United Healthcare Beats Class Cert. Bid Over Breast Surgery

By Gina Kim

A New Jersey federal judge on Wednesday declined to certify a proposed class of United Healthcare Insurance plan participants who were denied coverage for post-mastectomy breast reconstruction surgery, finding that she can't determine which standard of review applies to each plan's varying language without conducting individualized, fact-specific inquiries. 

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Michigan Fights Airline Group's Challenge To Sick Law

By Irene Spezzamonte

A Michigan law providing employees with earned sick time should stay in place because it has no impact on airlines' prices, routes or services, the state has argued, urging a federal court to turn down a national airline trade group's bid to halt the law.

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Conn. Drug Price Cap Survives Distributor Challenge, For Now

By Aaron Keller

The Second Circuit has declined a bid to immediately block the state of Connecticut from enforcing a cap on generic and off-patent drug prices while the Healthcare Distribution Alliance, a collection of wholesale distributors, challenges the new law.

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EXPERT ANALYSIS

Justices' BDO Denial May Allow For Increased Auditor Liability

The Supreme Court's recent denial of certiorari in BDO v. New England Carpenters could lead to more actions filed against accounting firms, as it lets stand a 2024 Second Circuit ruling that provided a road map for pleading falsity with respect to audit certifications, says Dean Conway at Carlton Fields.

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Series

Playing Tennis Makes Me A Better Lawyer

An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

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LEGAL INDUSTRY

Feature

From TikTok To The Courtroom, The Rise Of Lawfluencers

By Chris Villani

A growing group of legal influencers with huge followings say social media use is helping them expand their practices along with their brands and offering marketing lessons that even BigLaw can learn from.

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Ex-Worker Says Goldstein Offered Crypto, Gifts As IRS Probed

By Jared Foretek

A former employee at Thomas Goldstein's law firm who resigned after the Internal Revenue Service began investigating the firm said that the SCOTUSblog founder suddenly began offering her bitcoin, payment from case settlements and potential student loan relief after federal agents visited the office.

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Clemency Favors White Collar Offenders, New Study Shows

By Phillip Bantz

White collar criminal defendants are more likely than other types of offenders to receive presidential pardons, especially under the Trump administration, a new analysis of clemency actions shows, raising concerns about a system one expert called "broken."

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Attacks Haven't Killed Judiciary's AI Rule, May Strengthen It

By Jeff Overley

Federal judiciary advisers Thursday confronted the most extensive opposition yet in their campaign to ensure the reliability of evidence utilizing artificial intelligence, but the criticism appeared constructive, possibly upping the odds of a digital age addition to U.S. court rules.

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DOJ Awards $1M In First For Antitrust Whistleblower Program

By Rae Ann Varona

The U.S. Department of Justice's Antitrust Division awarded a whistleblower $1 million for providing information that led to charges and a $3.28 million criminal fine against used-vehicle auction site EBlock, marking the first-ever award under a new antitrust whistleblower program, the DOJ announced Thursday.

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Crowell & Moring Loses DC Appeal In $30M COVID Rent Dispute

By Isaac Monterose

The District of Columbia Court of Appeals on Thursday ruled against Crowell & Moring LLP's appeal for its $30 million rent dispute with a D.C. office landlord that refused to grant a coronavirus-related rent abatement.

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Bondi Elevates Pa. US Atty Amid Appointments Scrutiny

By Matthew Santoni

The first assistant U.S. attorney for the Western District of Pennsylvania is being retained and elevated to full U.S. attorney, Attorney General Pamela Bondi announced Thursday, though the appointment will have to remain temporary or he could face the same questions about his appointment as other top prosecutors in President Donald Trump's administration.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Ajamie LLP

Berger Montague

Bush Seyferth

Carlton Fields

Crowell & Moring

Dentons

DiCello Levitt

Fieldfisher

Gibson Dunn

Goldstein & Russell

Hogan Lovells

Izard Kindall

King & Spalding

Linklaters LLP

Marshall Gerstein

Massey & Gail

McCarter & English

Morgan Lewis

Motley Rice

Munger Tolles

Ogletree Deakins

Redgrave LLP

Reed Smith

Sanford Heisler

Seyfarth Shaw

Shook Hardy

Skadden Arps

Ven Johnson Law

COMPANIES IN TODAY'S NEWS

Air Transport Association of America

AmTrust Financial Services Inc.

Amazon.com Inc.

American Airlines Group Inc.

American Civil Liberties Union

Amicus

Association for Accessible Medicines

BDO LLP

BDO USA LLP

Bank of America Corp.

Binance Holdings Ltd.

Bloomberg LP

Chevron Corp.

Coinbase Global Inc.

Delta Air Lines Inc.

Instagram Inc.

LinkedIn Corp.

Ohio State University

Omnicare Inc.

OpenAI OpCo LLC

Public Co. Accounting Oversight Board

T. Rowe Price Group Inc.

The Home Depot Inc.

TikTok Inc.

YMCA of the USA

GOVERNMENT AGENCIES IN TODAY'S NEWS

Employee Benefits Security Administration

Executive Office of the President

Federal Bureau of Investigation

Federal Election Commission

Internal Revenue Service

Judicial Conference of the United States

U.S. Attorney's Office

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

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. Department of Labor

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Maryland

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

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

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

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

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

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

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Supreme Court