A Massachusetts federal judge on Monday dismissed a proposed class action against BDO USA alleging the accounting and tax advisory firm's $1.3 billion deal to create an employee stock ownership plan violated federal benefits law, holding the worker who sued couldn't show that the transaction injured him.
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WEDNESDAY, OCTOBER 21, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

BDO $1.3B ESOP Fight Dismissed On Standing Grounds

By Kellie Mejdrich

A Massachusetts federal judge on Monday dismissed a proposed class action against BDO USA alleging the accounting and tax advisory firm's $1.3 billion deal to create an employee stock ownership plan violated federal benefits law, holding the worker who sued couldn't show that the transaction injured him.

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Food Service Co. Faulted For Improper Tobacco Surcharge

By Grace Elletson

A Missouri federal judge handed a win to a class of workers who claimed food service company Compass Group USA hit them with an illegal extra health plan fee if they used tobacco, finding the company didn't properly refund the surcharge as required under federal benefits law.

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Biz Groups Back Health System's Win In 401(k) Forfeiture Suit

By Patrick Hoff

The U.S. Chamber of Commerce and an employee benefit administrator trade group backed a Louisiana healthcare system's win over a lawsuit challenging its use of forfeited 401(k) funds to cover employer contributions, telling the Fifth Circuit that federal regulations have greenlighted the practice for decades.

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Brief

Architecture Consulting Co. Inks $750K Deal In ERISA Suit

By Grace Elletson

Architecture, engineering and consulting company Ramboll Limited will pay $750,000 to resolve a class action claiming it failed to kick an underperforming investment fund out of its retirement plan, the workers behind the suit have told a New York federal judge.

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Brief

Puerto Rico Workers Ink $3M In Deals To End Pension Fight

By Grace Elletson

A federal judge approved $3 million in settlements that a group of workers reached with Puerto Rico's largest bank among other companies to resolve claims that they were stiffed on benefits after their retirement plan shuttered.

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ENFORCEMENT & COMPLIANCE

Brief

DOJ Appeals New Trial Order In Ex-NFL Player's Fraud Case

By Tom Lotshaw

The U.S. Department of Justice said it's asking the Fifth Circuit to review a Texas federal judge's decision to grant a new trial for a former NFL player convicted in a $328 million Medicare billing scheme.

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Brief

Accused In $91M Health Plan Scam Asks To Halt FTC Suit

By David Minsky

A woman accused of running a $91 million fraudulent health benefits scheme with her brother urged a Florida federal court on Monday to pause the Federal Trade Commission's lawsuit against her if related criminal charges proceed in court. 

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EXECUTIVE COMPENSATION

Ex-Josh Cellars Prez Can Keep Litigation Funding Out Of Trial

By Hailey Konnath

A Connecticut judge on Monday refused to allow companies behind the Josh Cellars wine brand to introduce an ex-president's alleged litigation funding deals during an upcoming trademark royalties trial, finding that the agreements aren't relevant to his $4 million contract and fiduciary duty claims against his former employers.

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LEGAL INDUSTRY

Kagan: High Court 'Blinded Itself' To Election Ruling Effects

By Katie Buehler

U.S. Supreme Court Justice Elena Kagan criticized her conservative colleagues' approach to deciding election law cases Tuesday, saying they often rule without considering the real-world consequences of their decisions. 

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Retired Judges Say DOJ's Ethics Complaint Is Meritless

By Courtney Bublé

A coalition of 61 retired federal judges has admonished the U.S. Department of Justice for filing a complaint against federal judges in Minnesota for speaking to a newspaper about the Trump administration's immigration crackdown in their state.

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Polsinelli Seeks Sanctions For 'Knowingly False' IP Suit

By Elliot Weld

Law firm Polsinelli PC has asked a Tennessee federal judge to sanction a medical device company for advancing what it says were "knowingly false and materially incomplete" positions in a suit accusing the firm of pursuing bad faith patent infringement claims on behalf of a client.

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'Petulant' Attorney Behavior Requires New Trial, 5th Circ. Says

By Cara Salvatore

The Fifth Circuit ordered a new trial Friday for a woman who was halted while speaking at a Louisiana local council meeting, saying defense lawyers for two council members threw "a skunk into the jury box" with a bevy of improper maneuvers.

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Feds Offer Up-Front Payments For Fraud Whistleblower Tips

By Lauren Berg

The U.S. Department of Justice on Tuesday announced the creation of a whistleblower incentive program offering up-front monetary awards for tips that lead to criminal fraud charges.

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Atty Used Legal Cred To Prop Up Ponzi Schemes, DOJ Says

By David Aaro

A Florida attorney was arrested Tuesday on charges of using his legal bona fides to help run two Ponzi schemes that swindled investors out of nearly $2 million, according to the U.S. Department of Justice.

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Ex-NOLA Injury Atty Gets 32 Months For Staging Crashes

By Christine DeRosa

A former New Orleans personal injury attorney has been sentenced to 32 months in prison for his role in a scheme to fake vehicle accidents with tractor trailers and other commercial vehicles so he could pursue lawsuits and extract settlements.

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LAW FIRMS IN TODAY'S NEWS

ArentFox Schiff

Cohen Milstein

Dechert LLP

Egerton McAfee

Gibson Dunn

Goodwin Procter

Jackson Lewis PC

Joffe Law PA

Mandelbaum Barrett

McClelland Law Firm PC

McDermott Will & Schulte

Moorman Law Firm LLC

Polsinelli PC

Robinson & Cole

Stueve Siegel

Whalen Law Office

Williams Mullen

COMPANIES IN TODAY'S NEWS

BDO LLP

BDO USA LLP

Compass Group PLC

Compass Minerals International, Inc.

Liberty Mutual Insurance Group

Popular Inc.

The Catholic University of America

The ERISA Industry Committee

The Florida Bar

The New York Times Co.

U.S. Chamber of Commerce

Willis Towers Watson PLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Federal Bureau of Investigation

Federal Election Commission

Federal Reserve System

Federal Trade Commission

Internal Revenue Service

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of Louisiana

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

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

U.S. Court of Appeals for the Fifth Circuit

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of Minnesota

U.S. District Court for the District of Puerto Rico

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

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

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

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

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

U.S. District Court for the Southern District of Florida

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

U.S. Immigration and Customs Enforcement

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Supreme Court