Payroll processing company ADP will pay $48 million to end class claims that it allowed underperforming investment options in its employees' 401(k) plan, according to a motion for preliminary approval of the settlement filed in New Jersey federal court.
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TOP NEWS

ADP Will Pay $48M To 401(k) Plan Participants In ERISA Suit

By Carla Baranauckas

Payroll processing company ADP will pay $48 million to end class claims that it allowed underperforming investment options in its employees' 401(k) plan, according to a motion for preliminary approval of the settlement filed in New Jersey federal court.

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21 States Again Fight ACA Changes That Could Increase Costs

By Gina Kim

A coalition of 21 states sued the U.S. Department of Health and Human Services and Centers for Medicare and Medicaid Services in California federal court Friday, challenging an Affordable Care Act rule that shifts costs onto enrollees while reimposing certain provisions that a Maryland federal court vacated for being unlawful and arbitrary.

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T-Mobile Hit With Class Action Over Retirement Fund

By Aneeta Mathur-Ashton

A proposed class action has been filed against T-Mobile in Washington federal court by a retirement plan participant who claims the company's plan lost more than $35 million in retirement returns by using a chronically underperforming investment fund.

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POLICY & REGULATION

Brief

Dem Senators Float Expanded Paid Leave For Fed. Employees

By Benjamin Morse

Federal workers would receive up to 12 weeks of paid leave to address their own serious health conditions or care for family members under legislation introduced by a group of Democratic senators.

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LITIGATION

Workers Say OPM Unlawfully Nixed Gender-Affirming Benefits

By Patrick Hoff

A group of federal employees on Monday accused the Trump administration of unlawfully eliminating coverage of gender-affirming care from their health insurance benefits, forcing thousands of transgender workers and their dependents to pay out of pocket for treatment.

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Vestis Gets Investor Suit Over Operational Issues Trimmed

By Katryna Perera

A New York federal judge has trimmed several claims from a proposed securities class action against uniform and workplace supplier Vestis Corp. that alleges the company failed to disclose the operational and customer service issues it was facing.

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Five Below Investors Win Class Cert. In Growth Potential Suit

By Gina Kim

A Pennsylvania federal judge on Monday certified an investor class action alleging Five Below and its executives overstated the company's growth prospects and its ability to curb inventory loss, finding the defendants did not rebut the presumption of reliance on the alleged misrepresentations.

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BANKRUPTCY

Brief

Mitchell Gold Workers Drop Suit After Bankruptcy Deal

By Emlyn Cameron

A former employee of high-end North Carolina furniture company Mitchell Gold + Bob Williams has told a federal judge she was ending her lawsuit alleging the employer failed to give adequate notice of layoffs to hundreds of workers.

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LEGAL INDUSTRY

DOJ Renews Bid To Oust Susman From ABA Trump EO Case

By Jared Foretek

The U.S. Department of Justice renewed its call for a D.C. federal judge to disqualify Susman Godfrey LLP from representing the American Bar Association in its challenge to the Trump administration's law firm executive orders, saying Susman Godfrey's attorneys could potentially have to serve as fact witnesses in the case.

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Jackson Walker, Trustee Agree On $15M Romance Settlement

By Emma Cueto

Jackson Walker LLP has agreed to pay $15 million and reform its conflicts and disclosure practices to resolve claims brought by the regional U.S. trustee regarding bankruptcy fees approved by a bankruptcy judge who was at the time concealing a relationship with a Jackson Walker partner.

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ABA To Assess Aggressive BigLaw Campus Recruitment

By Emily Sawicki

The American Bar Association's policymaking body on Monday approved a resolution sponsored by law students seeking reprieve from increasingly early BigLaw recruitment drives and clarified rules regarding client confidentiality and prosecutorial responsibility, some of the first votes taken on day one of its annual meeting.

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Simpson Thacher's PIPE Work Was 'Dogged,' Jury Told

By Jake Maher

Simpson Thacher & Bartlett LLP did all it could to help Patriot National Inc. and the company's owner and warn them about risks as they pursued a financing deal, a former capital markets attorney told a Florida state jury Monday in the insurance services company's malpractice case against the firm.

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Analysis

How State SG Offices Became A Judicial Pipeline

By Cara Bayles

The rapid growth of Missouri's solicitor general's office illustrates the import of top state appellate roles, which offer young lawyers a chance to gain courtroom experience they might never acquire in BigLaw. The gig is also, for young conservatives especially, one of the fastest paths to the federal bench.

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Blanche's Nix Of Trump's $1.8B Fund Wins Over GOP Sens.

By Asha Glover

Two holdout GOP senators said Monday that they would support confirmation of acting Attorney General Todd Blanche to the permanent role after he gave assurances that President Donald Trump's $1.8 billion "anti-weaponization" fund, created as part of a settlement with the IRS, would not move forward.

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Conn. Justices Order Education For Atty Who Missed AI Flubs

By Christine DeRosa

The Connecticut Supreme Court has ordered a GLG Law LLC attorney to complete continuing education after finding that seven errors in filings caused by ChatGPT stemmed from negligence in the use of new technology, not from an intentional attempt to deceive or mislead the court.

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Brief

Judge Denies Bid To Oust Kirkland From Trade Secret Feud

By Ivan Moreno

A California federal judge has denied a healthcare software company's attempt to disqualify Kirkland & Ellis LLP from representing Commure Inc. in a trade secret lawsuit, ruling that the plaintiff failed to prove that information it disclosed during a prospective client consultation was materially harmful enough to warrant disqualification.

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Disputes Continue, 1 Week Into NY Public Defender Strikes

By Andrea Keckley

Two unions representing hundreds of New York public defenders remain on strike Monday, with managers from the Neighborhood Defender Service of Harlem requesting third-party mediation during their most recent negotiations on Sunday.

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Roundup

The Top In-House Hires Of July

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Goldman Sachs, Coinbase and Sanofi. Here, Law360 Pulse looks at some of the top in-house announcements from July.

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Monthly Merger Review Snapshot

By Matthew Perlman

A group of state enforcers challenged Paramount's planned $110 billion acquisition of Warner Bros. Discovery, as a separate group of states and DirecTV accused Nexstar of violating an order preventing it from integrating with Tegna and the Federal Trade Commission faced a bench trial seeking to block a constructive adhesive deal.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week tackled disputes involving merger litigation, insider trading allegations, books and records demands, advancement proceedings, fiduciary duties, public benefit corporations and more.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Ashurst Perkins

Berger Montague

Bernstein Litowitz

Burns Charest

Cohen Milstein

Conrad & Scherer

Correia & Puth

Dechert LLP

Hueston Hennigan

Jackson Walker LLP

Jenner & Block

Jones Day

Kirkland & Ellis

Klausner Kaufman

Larson LLP

Latham & Watkins

Levi & Korsinsky

Logan Vance

Lowenstein Sandler

Mayer Brown

Milbank LLP

Norton Rose

Paul Weiss

Pfau Cochran

Rusty Hardin

Sanford Heisler

Schlichter Bogard

Seyfarth Shaw

Shulman Bastian

Simpson Thacher & Bartlett

Spiro Harrison

Stearns Weaver

Steptoe LLP

Susman Godfrey

Troutman

Williams & Connolly

Willkie Farr

WilmerHale

Winston Taylor

COMPANIES IN TODAY'S NEWS

American Airlines Group Inc.

American Bar Association

American Industrial Partners

Baker Hughes Co.

Biogen Inc.

Calvin Klein Inc.

Cava Group Inc.

Chart Industries, Inc.

Citizens for Responsibility & Ethics in Washington

Clear Secure Inc.

Co-operative Group Ltd.

Coinbase Global Inc.

Comerica Inc.

Commure

Delivery Hero

Dell Technologies Inc.

Democracy Forward Foundation

Dow Inc.

Eli Lilly & Co.

Envestnet Inc.

Federalist Society

Fifth Third Bancorp

Five Below Inc.

Fox Corp.

George Washington University

Gerson Lehrman Group Inc.

Groupe Danone

Henkel Corp.

Human Rights Campaign

Instagram Inc.

International Business Machines Corp.

IonQ Inc.

Iterable

J.C. Penney Co. Inc.

JPMorgan Chase & Co.

Johnson & Johnson

King Street Capital Management LP

Kitty Hawk Corp.

Kyndryl Holdings Inc.

Macquarie Group Ltd.

McKesson Corp.

Meta Platforms Inc.

Morgan Stanley

NBCUniversal Media LLC

National Association of Attorneys General

Neighborhood Defender Service of Harlem

Nexstar Media Group Inc.

Novo Nordisk A S

Occidental Petroleum Corp.

PVH Corp.

Patriot National Inc.

Penske Media Corp.

Pfizer Inc.

Restoration Hardware Holdings Inc.

Roku Inc.

Saipem

Sanofi

SkyWater Technology Inc.

Skydance Media LLC

Subsea 7 SA

Sundance Institute Inc.

T-Mobile US Inc.

T. Rowe Price Group Inc.

Tegna Inc.

Telefonaktiebolaget LM Ericsson

The Bronx Defenders

The DIRECTV Group Inc.

The Goldman Sachs Group Inc.

The PNC Financial Services Group Inc.

Tommy Hilfiger Corp.

TransDigm Group Inc.

Trump Organization Inc.

UCLA School of Law

United Airlines Holdings Inc.

United Auto Workers

University of Virginia

Vertex Pharmaceuticals Inc.

Vestis

Via Transportation Inc.

Warner Bros. Discovery Inc.

Zoom Communications Inc.

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Administrative Council for Economic Defense (CADE)

Australian Competition & Consumer Commission

California Attorney General's Office

Centers for Medicare & Medicaid Services

Competition and Markets Authority

Delaware Court of Chancery

European Commission

Executive Office of the President

Federal Aviation Administration

Federal Bureau of Investigation

Federal Trade Commission

Internal Revenue Service

Transportation Security Administration

U.S. Bankruptcy Court for the District of Delaware

U.S. Department of Commerce

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of Veterans Affairs

U.S. Department of the Treasury

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 New Jersey

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 California

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

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

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

U.S. Environmental Protection Agency

U.S. Office of Personnel Management

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

Virginia Attorney General's Office