A former Firstrust Savings Bank worker adequately supported his claims that employees lost millions because they had to invest a portion of their savings in the bank's underperforming proprietary fund, a Pennsylvania federal judge ruled, denying the bank's motion to dismiss the proposed Employee Retirement Income Security Act class action.
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WEDNESDAY, APRIL 8, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Firstrust Savings Bank Can't Nix 401(k) Mismanagement Suit

By Kellie Mejdrich

A former Firstrust Savings Bank worker adequately supported his claims that employees lost millions because they had to invest a portion of their savings in the bank's underperforming proprietary fund, a Pennsylvania federal judge ruled, denying the bank's motion to dismiss the proposed Employee Retirement Income Security Act class action.

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Auto Insurance Co. Escapes Retirement Fund Suit

By Patrick Hoff

An auto insurance company defeated a proposed class action claiming its employee retirement plan was unlawfully overinvested in a conservative default investment option, with a Michigan federal judge saying Tuesday that the suit lacked information about participants who voluntarily put money in the fund.

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Hormel Foods Faces Class Cert. Bid In Retirement Fund Suit

By Sydney Price

An ex-worker for Hormel Foods Corp. asked a Minnesota federal judge to certify a class in his federal benefits lawsuit alleging the company failed to remove high-cost investment options with poor return rates from its $1.2 billion in employee retirement plans.

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Texas Panel Keeps Ex-GC's Suit Over Unpaid Bonuses Alive

By José Luis Martínez

A Texas appeals court on Tuesday kept in play a suit by a dairy equipment manufacturer's former general counsel over unpaid bonuses, holding that updated anti-SLAPP rules applied to newly added claims in the suit and that the company failed to meet procedural requirements in trying to dismiss them.

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ENFORCEMENT & COMPLIANCE

Mich. AG Says PBMs Can't Stall Discovery In Drug-Pricing Suit

By Melanie Dorsey

Michigan's attorney general is urging a federal court to reject a renewed bid by pharmacy benefit managers to pause discovery in an antitrust case accusing them of price-fixing reimbursement rates, claiming the companies are relying on exaggerated burden claims and an ordinary motion to dismiss that is unlikely to succeed.

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LITIGATION

Urban Hospitals Sue Over Lower Medicare 'Rural Floor'

By Crystal Owens

A slew of urban hospitals, including a dozen Indian Health Service entities, are asking a D.C. federal court to invalidate a two-year Health and Human Services wage index methodology for Medicare reimbursements, alleging it assigned lower adjustments for rural hospitals in their states.

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Law Profs Back Boeing In 7th Circ. Bid To Void 737 Max Class

By Linda Chiem

Law professors have told the Seventh Circuit that an Illinois district court improperly certified a class of investors alleging Boeing misrepresented the 737 Max 8 jets' safety after two deadly crashes in 2018 and 2019, saying there's been a "troubling" pattern of courts blessing classwide damages theories backed by zero evidence.

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DC Circ. Skeptical Ex-Steward CEO Could Skip Senate Hearing

By Courtney Bublé

A D.C. Circuit judge told the attorney for the embattled former CEO of Steward Health Care on Tuesday that she couldn't comprehend how his client could invoke his Fifth Amendment rights without showing up to his scheduled appearance before a Senate committee.

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LEGAL INDUSTRY

Pregnant DLA Piper Atty Recounts Firing: 'This Feels Wrong'

By Pete Brush

A former associate who claims DLA Piper unlawfully fired her after she announced she was pregnant told a Manhattan federal jury Tuesday that she got positive feedback as she worked with large corporate clients and was "shocked" when she was terminated.

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Blanche Says Only Trump Knows Why Bondi's Leaving DOJ

By Courtney Bublé

Todd Blanche said on Tuesday he is now acting attorney general and no one, beyond the president, knows why Pam Bondi is out and he is in.

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Calif. Lawmakers Advance Bill To Curtail PE Role In Litigation

By Emily Sawicki

A California bill to ban corporate investors from influencing litigation strategy is heading to the state Senate, backed by bipartisan support from the Assembly.

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Top DOJ Immigration Atty Faces Ethics Complaint

By Jack Karp

The head of the U.S. Department of Justice's immigration litigation office has lied to judges, disobeyed court orders and failed to stop attorneys he supervises from engaging in misconduct in high-profile immigration cases, according to an ethics complaint filed Tuesday.

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Analysis

Habeas Orders Sharpen As Due Process Concerns Mount

By Britain Eakin

Federal judges are issuing increasingly detailed, critical and decisive orders for habeas relief in immigration cases, stepping in as what immigration experts say is a last resort check on a system viewed as having crumbling due process safeguards.

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DOJ Pushes To End Former Immigration Judge's Bias Suit

By Jake Maher

The U.S. Department of Justice moved to dismiss a former Ohio immigration judge's discrimination suit in D.C. federal court this week, calling the complaint "heavy on conclusory statements and speculation and light on allegations of fact."

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Calif. Atty Apologizes, Blames OpenCase For False Citations

By Matt Perez

A California attorney has filed a response to an order for potential sanctions over his alleged use of artificial intelligence, which resulted in false citations, saying the hallucinations appeared in a later draft after using OpenCase to perform a cite check.

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Audio

Approach The Bench: Judge Robinson On Community Court

By Cara Bayles and Steven Trader

Judge Devin Robinson's courtroom at the Red Hook Community Justice Center in Brooklyn looks and feels very different from the courthouse archetype.

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States, DC Back NY AG James In DOJ Probe Appeal

By Emily Sawicki

Backed by amici including the attorneys general of 20 states and the District of Columbia, New York Attorney General Letitia James is fighting the U.S. Department of Justice's bid to reopen an investigation into her office launched by a federal prosecutor found to have been serving unlawfully.

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LAW FIRMS IN TODAY'S NEWS

Alden Law Group PLLC

Berger Montague

Bernstein Litowitz

Buck Keenan

Cravath Swaine

DLA Piper

Davidson Bowie

Dorsey & Whitney

Dykema

Edelson PC

Engstrom Lee

Gibson Dunn

Groom Law Group

Hickey Hauck

K&L Gates

Kessler Topaz

King & Spalding

Kirkland & Ellis

Law Office of Kevin G. Little

Manning Kass

Munger Tolles

Nichols Kaster

Quinn Emanuel

Roy Petty & Associates

Sullivan & Cromwell

Wanta Thome

Warner Norcross

Wigdor LLP

Willkie Farr

Yetter Coleman

COMPANIES IN TODAY'S NEWS

AIDS Healthcare Foundation

Apple Inc.

Auto-Owners Insurance Co.

Blue Cross Blue Shield Association

Comcast Corp.

Consumer Attorneys of California

Ethiopian Airlines Enterprise

Express Scripts Holding Co.

Firstrust Bank

Hormel Foods Corp.

IHS Markit Ltd.

Massachusetts Mutual Life Insurance Co.

National Association of Criminal Defense Lawyers

National Rifle Association of America

New York State Association of Criminal Defense Lawyers

Nuveen LLC

Prime Therapeutics LLC

Spotify Technology SA

States United Democracy Center

Steward Health Care System LLC

Teachers Insurance & Annuity Association of America

The Boeing Co.

The Cigna Group

The District of Columbia Bar

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Executive Office for Immigration Review

Federal Bureau of Investigation

Indian Health Service

New York Attorney General's Office

U.S. Attorney's Office

U.S. Attorney's Office for the Northern District of New York

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Minnesota

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

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 Eastern District of Virginia

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

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. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court