TOP NEWS
Justices Won't Disturb 9th Circ.'s AT&T 401(k) Suit Revival
By Kellie Mejdrich
The U.S. Supreme Court declined on Monday to hear AT&T's bid for review of a Ninth Circuit panel decision reviving a class action against the telecom giant alleging mismanagement of an employee 401(k) plan, rejecting employers' request for more clarity from the court on the pleading standard for federal benefits lawsuits alleging excessive fees.
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POLICY & REGULATION
LITIGATION
Class Attys Seek $6.5M Cut In $29.5M Plantronics Settlement
By Gina Kim
Lead counsel for Plantronics investors who secured a $29.5 million deal resolving claims the company used "channel stuffing" tactics to bolster revenue are seeking $6.5 million in fees, telling a California federal judge Friday the request is reasonable, given the strong recovery and their track record successfully prosecuting similar securities cases.
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LEGAL INDUSTRY
Q&A
Sullivan M&A Chief Sees Opportunities Amid Tariff Turmoil
By Al Barbarino
After a rocky start to 2025, the mergers and acquisitions landscape is grappling with economic volatility, shifting trade policies and a complex regulatory environment. But even in a "choppy" market, there are always deals to be made, says Melissa Sawyer, global head of Sullivan & Cromwell LLP's M&A group and co-head of its corporate governance practice.
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Analysis
GOP Plan To Shutter Audit Watchdog Could Strain SEC
By Jessica Corso
Congressional Republicans are renewing the push to get rid of a financial regulator that conservatives have complained is costly and lacks proper oversight, but some former staffers at the Public Company Accounting Oversight Board wonder whether the U.S. Securities and Exchange Commission has the manpower or expertise to take over the board's duties.
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