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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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

FTC Warns 42 Law Firms Of DEI 'Anticompetitive Collusion'

By Sarah Jarvis

The Federal Trade Commission announced Friday that it has sent warning letters to 42 major law firms for their purported participation in an outside diversity, equity and inclusion program, alleging their participation could constitute anticompetitive collusion.

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Analysis

Real Estate Attys 'Not Going In Blind' Amid Data Center Boom

By Chris Villani

The explosion of artificial intelligence has created a sharp demand for new data centers with no signs of slowing down, posing challenges that have some real estate attorneys turning to well-worn playbooks from other industries.

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Susman Faces Suit After Ex-Client's Arbitration Loss

By Adam Lidgett

Susman Godfrey LLP and a litigation funding business were hit with a lawsuit in Texas state court by an Irish patent litigation business that is challenging the outcome of an arbitration proceeding putting it on the hook for more than $37.8 million.

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Attys Rip Judge-Shopping Sanctions As Bid To 'Rewrite' Rules

By Jake Maher

Two Alabama attorneys who were sanctioned for allegedly judge shopping in a civil rights case urged the Eleventh Circuit to toss the sanctions Friday, arguing the judges accusing them were seeking to "rewrite" the Federal Rules of Civil Procedure.

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Brief

Bill Regulating Attorney AI Use Passes California Senate

By Emily Sawicki

A proposed California law that would regulate attorneys and arbitrators' use of generative artificial intelligence statewide has headed to the Assembly after the state Senate unanimously approved the measure.

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Colo. Firm Hit With Proposed Class Action Over Data Breach

By Rachel Konieczny

A Colorado law firm failed to properly care for the personal information of clients and their customers and did not provide adequate notice of a February 2025 data breach, according to a proposed class action in state court.

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Litigation Funder Suit Against Janus Henderson Can Proceed

By Ryan Boysen

A lawsuit that claims a Janus Henderson Group subsidiary schemed to take over a mass torts litigation funder can go forward, after a Delaware Chancery Court judge ruled the funder's case was compelling enough to survive a motion to dismiss.

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House To Vote On Reform Of Court Nondisclosure Orders

By Courtney Bublé

Sen. Lindsey Graham, R-S.C., fumed at the House on Friday for trying to undo a provision that allows him and other senators investigated by special counsel Jack Smith to sue for damages and held up the government funding vote as a result. But a bill the House is poised to take up next week could alleviate some of his concerns.

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9th Circ. Says DOJ Can Withhold VW Grand Jury Records

By Emily Field

The Ninth Circuit on Friday held that the U.S. Department of Justice couldn't be forced to hand over about 6 million Volkswagen documents that were part of a Jones Day investigation into the automaker's 2015 emissions-cheating scandal, as the government obtained them through a grand jury subpoena.

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Analysis

The Message From Delaware Courts: Change Is Coming

By Jeff Montgomery

Delaware's Supreme Court delivered a reminder to the state's corporation law ecosystem recently with a reversal of a Court of Chancery decision invalidating a 7-year-old stockholder agreement that granted broad corporate powers to investment bank Moelis & Co.'s founder.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London saw collapsed solar bonds company Rockfire Capital sue the Royal Bank of Scotland, e-ticket platform Eventbrite target the owners of Salford Red Devils rugby club over an alleged contract breach, and Scottish distiller William Grant & Sons square off against a former MP in a trademark tussle tied to its Glenfiddich whisky. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

When Minnesota-based companies publicly called for de-escalation after two fatal shootings by federal ICE agents, the nation saw how CEOs and their general counsel can step up amid controversy. And a new study shows that white collar offenders received more than half of all recent pardons. These are some of the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

Kellogg Hansen Todd Figel & Frederick PLLC leads this week's edition of Law360 Legal Lions, after a D.C. Circuit panel revived a lawsuit that accuses pharmaceutical companies of aiding a Hezbollah-linked militia's terrorism in Iraq.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Addleshaw Goddard

Advisors LLC

Ajamie LLP

Alston & Bird

Alston Asquith

Arnold & Itkin

Arnold & Porter

Bailey & Glasser

Baker & Hostetler

Baker McKenzie

Berger Montague

Bradley Arant

Bush Seyferth

CJ Jones Solicitors

CMS Cameron McKenna

Carlton Fields

Charhon Callahan

Christensen Law LLC

Clyde & Co

Cooley LLP

Covington & Burling

DAC Beachcroft

DLA Piper

DWF LLP

Davis Malm & D’Agostine

Davis Polk

Debevoise & Plimpton

Dechert LLP

Dentons

Dominick Feld

Faegre Drinker

Finnegan

Foley & Lardner

Fox Rothschild

Fried Frank

Gibson Dunn

Goodwin Procter

Gordon Rees

Greenberg Traurig

Hogan Lovells

Holland & Knight

Husch Blackwell

Izard Kindall

JCP Solicitors

Jackson Lewis PC

Jones Day

K&L Gates

Kaplan & Grady

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Knights PLC

Kuit Steinart

Labaton Keller

Latham & Watkins

Law Offices of David W. Klasing

Lester Aldridge

Lewis Brisbois

Lightfoot Franklin

Littler Mendelson

Marshall Gerstein

Massey & Gail

Mayer Brown

Maynard Nexsen

McCarter & English

McDermott Will & Schulte

McGuireWoods

Milberg Coleman

Mills & Reeve

Montgomery Little

Morgan Lewis

Morris Nichols

Motley Rice

Nabarro LLP

Nelson Mullins

Ogletree Deakins

Pashman Stein

Paul Weiss

Perkins Coie

Polsinelli PC

Reed Smith

Ropes & Gray

Russell-Cooke

Sanford Heisler

Shakespeare Martineau

Sheppard Mullin

Shook Hardy

Sidley Austin

Signature Litigation LLP

Skadden Arps

Smith Gambrell

Sullivan & Cromwell

Susman Godfrey

Taylor Wessing

Troutman

Ven Johnson Law

White & Case

WilmerHale

Wilson Elser

Wilson Sonsini

Winston & Strawn

COMPANIES IN TODAY'S NEWS

3M Co.

Air Transport Association of America

AmTrust Financial Services Inc.

American Airlines Group Inc.

Amicus

Arxada

Ashland Inc.

Association for Accessible Medicines

Association of Corporate Counsel

AstraZeneca PLC

BDO LLP

BDO USA LLP

Baker Hughes Co.

Bank of America Corp.

Bank of Cyprus Holdings PLC

Barclays PLC

Berkshire Hathaway Energy GT&S

Bloomberg LP

Burke Inc.

Cargill Inc.

Chevron Corp.

Cisco Systems Inc.

Comcast Corp.

Convex Insurance UK Ltd.

Delta Air Lines Inc.

ESPN Inc.

Eventbrite Inc.

F. Hoffmann-La Roche Ltd.

FTI Consulting Inc.

Financial Industry Regulatory Authority Inc.

GE HealthCare Technologies Inc.

Google LLC

HDI Global SE

HSBC Holdings PLC

Hulu LLC

Insurance Europe Ltd.

Investments Ltd.

Janus Henderson Group PLC

Johnson & Johnson

Lambda Legal Defense & Educational Fund

Leidos Holdings Inc.

LinkedIn Corp.

Lloyds Bank PLC

Longford Capital Management LP

Match.com Inc.

McDonald's Corp.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

Moelis & Co.

National Westminster Bank PLC

Novo Nordisk A S

Omnicare Inc.

Paramount Global

Pfizer Inc.

Public Co. Accounting Oversight Board

SentencingStats.com Inc.

Space Exploration Technologies Corp.

Stanford University

T. Rowe Price Group Inc.

Target Corp.

Tesla Inc.

The Royal Bank of Scotland Group PLC

The UPS Store

The Walt Disney Co.

TikTok Inc.

United Parcel Service Inc.

University of Arkansas

University of Iowa

Victory Park Capital Advisors LLC

Vinci SA

Volkswagen AG

William Grant & Sons Ltd.

YMCA of the USA

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Alabama Attorney General's Office

California Air Resources Board

Companies House

Delaware Court of Chancery

Employee Benefits Security Administration

Federal Trade Commission

Serious Fraud Office

U.S. Attorney's Office for the Middle District of Alabama

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Customs and Border Protection

U.S. Department of Justice

U.S. Department of Labor

U.S. District Court for the District of Connecticut

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

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

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

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

U.S. Environmental Protection Agency

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)

United States District Court for the District of Colorado