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TOP NEWS
Aetna Denied A Freeze On Trans Facial Surgery Order
By Kellie Mejdrich
A Connecticut federal judge ordered Aetna to comply with a preliminary injunction requiring it to reconsider coverage denials affecting two transgender health plan participants who sought gender-affirming facial surgery, refusing to stay the insurer's compliance obligations during its pending appeal in the proposed class action.
Order attached |
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American Express Hit With 401(k) Target-Date Fund Suit
By Kellie Mejdrich
Former American Express workers hit the credit card giant with a proposed class action in New York federal court, alleging that underperforming target-date and other investment funds in the company's 401(k) plan — with approximately $9 billion in assets and 40,000 participants — lost workers hundreds of millions in future savings.
Complaint attached |
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LEGAL INDUSTRY
Health Co. Wants Kirkland Off IP Case For 'Cardinal Sin'
By Elliot Weld
A healthcare company suing medical technology company Commure Inc. over alleged trade secret theft has said Kirkland & Ellis LLP should be disqualified from representing Commure because the healthcare company had tried to retain Kirkland prior to filing the suit and shared confidential information before anyone asked who the defendant was going to be.
Motion attached |
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Ex-Willkie Atty Banned By SEC For Insider Trading
By Emily Sawicki
A former Willkie Farr & Gallagher LLP mergers and acquisitions attorney who earlier this month admitted to taking part in a widespread BigLaw insider trading scheme will be barred from representing a client before the U.S. Securities and Exchange Commission for a minimum of four years, according to an order the agency issued Monday.
Order attached |
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