The U.S. Department of Labor's employee benefits arm unveiled a final rule Thursday that requires pharmacy benefit managers — which act as intermediaries between drugmakers, pharmacies and insurers — to make new disclosures on their fees and compensation to employer-sponsored group health plans.
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TOP NEWS

DOL Finalizes Pharmacy Benefit Manager Fee Disclosure Rule

By Kellie Mejdrich

The U.S. Department of Labor's employee benefits arm unveiled a final rule Thursday that requires pharmacy benefit managers — which act as intermediaries between drugmakers, pharmacies and insurers — to make new disclosures on their fees and compensation to employer-sponsored group health plans.

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Google Cut Worker's Duties After Military Leave, Feds Say

By Vin Gurrieri

Google failed to reinstate a former employee to a similar role after he returned from a yearlong stint in the U.S. Army's Cyber Command unit and eventually laid him off, according to a lawsuit the U.S. Department of Justice filed Thursday in Manhattan.

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NJ Panel Says State Shields Military Leave Past Federal Cap

By MJ Koo

A New Jersey state appeals court on Thursday upheld a decision giving an Atlantic City police officer his job back after the city fired him for staying on military leave for more than five years, saying a federal five-year limit is a minimum, not a maximum.

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Judge Rejects Extra Hurdle For Medicaid Frailty Exemption

By Chris Villani

A Trump administration bid to create additional barriers to Medicaid eligibility was rejected Thursday by a Massachusetts federal judge, who ruled that Congress did not delegate to the executive branch the task of deciding who is too medically frail to meet work requirements.

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LITIGATION

Judge Seems Unswayed By Fears SEC Seeks 'Enemies List'

By P.J. D'Annunzio

A Pennsylvania federal judge on Thursday appeared reluctant to block the U.S. Securities and Exchange Commission's subpoena seeking information about voting advice that proxy adviser Institutional Shareholder Services gives to institutional investors despite ISS' concerns about political retaliation.

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Pa. Court OKs Unemployment Comp Despite Off-Duty Lie

By Matthew Santoni

A Pennsylvania nurse didn't commit "willful misconduct" by refusing to answer questions about a coworker visiting her while he was on duty and she was off duty, so the nurse remained eligible to collect unemployment benefits after she was fired, a state appellate court ruled Wednesday.

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LEGAL INDUSTRY

Weil's Demise Sparks Shock, Reflection In The Legal World

By Alison Knezevich and Andrea Keckley

The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.

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'Leadership Vacuum' Preceded Weil's Collapse

By Daniel Moritz-Rabson and Aebra Coe

A series of leadership failures and strategic missteps preceded the precipitous downfall of Weil Gotshal & Manges LLP, sources told Law360 Pulse.

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Lessons From The Past For Weil's Final Curtain Call

By Rick Archer

Weil Gotshal & Manges LLP leaders may have every reason to agree to an out-of-court wind-down, but dissolving such a storied law firm, which announced Wednesday it intends to shut down following an exodus of attorneys, is not as simple as a handshake among partners, experts said in interviews with Law360 on Wednesday.

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Weil's Collapse Ends Firm's Long Run As Bankruptcy Leader

By Alex Wittenberg

Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.

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Troutman, Baker McKenzie Report Data Breaches

By Lynn LaRowe

Troutman Pepper Locke LLP and Baker McKenzie experienced data breaches last month as a result of social engineering attacks, according to notices submitted this week to the attorneys general offices in California and Texas.

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Morgan & Morgan Seeks To Block Celebrity Ad Ban In Florida

By Ryan Boysen

Personal injury giant Morgan & Morgan PA has asked a Florida federal court for a preliminary injunction to block a Sunshine State bar rule that forbids celebrity endorsements in attorney advertisements.

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LAW FIRMS IN TODAY'S NEWS

Akerman LLP

Baker McKenzie

Buchalter LLP

Cravath Swaine

Dewey & LeBoeuf

Eckert Seamans

Fragomen Del Rey

Gibson Dunn

Greenberg Traurig

Gupta Wessler

Hogan Lovells

Holland & Knight

Kirkland & Ellis

Latham & Watkins

Lowenstein Sandler

McDermott Will & Schulte

Morgan & Morgan PA

O'Brien Belland

Paul Weiss

Ruderman & Roth

Seyfarth Shaw

Stroock & Stroock

Sullivan & Cromwell

Tripp Scott

Troutman

Weil Gotshal

Willkie Farr

COMPANIES IN TODAY'S NEWS

American Bankruptcy Institute

American Medical Association Inc.

Baretz & Brunelle LLC

BlackRock Inc.

Bridgewater Associates LP

Credit Suisse Group AG

First Brands Group

Fossil Group Inc.

Gavin Solmonese LLC

Google LLC

Institutional Shareholder Services Inc.

International Business Machines Corp.

Lehman Brothers Holdings Inc.

Level 3 Communications Inc.

LinkedIn Corp.

Major Lindsey & Africa LLC

Pharmaceutical Care Management Association

Steward Health Care System LLC

The ERISA Industry Committee

The Florida Bar

United Airlines Holdings Inc.

VOYlegal LLC

Washington Mutual Inc.

Zeughauser Group LLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

Centers for Medicare & Medicaid Services

Employee Benefits Security Administration

Federal Bureau of Investigation

New Jersey Attorney General's Office

New Jersey Court

New York Attorney General's Office

Pennsylvania Supreme Court

Texas Attorney General's Office

U.S. Air Force

U.S. Army

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Southern District of New York

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of Labor

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

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

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

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

U.S. Securities and Exchange Commission

U.S. Supreme Court