Frontier Communications Corp. has agreed to fork over approximately $14 million to end a proposed class action claiming its employee 401(k) plan was improperly overinvested in Verizon Wireless and other telecommunications stocks, according to a filing in Connecticut federal court.
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TOP NEWS

Frontier Will Pay $14M To End 401(k) Telecom Stocks Fight

By Kellie Mejdrich

Frontier Communications Corp. has agreed to fork over approximately $14 million to end a proposed class action claiming its employee 401(k) plan was improperly overinvested in Verizon Wireless and other telecommunications stocks, according to a filing in Connecticut federal court.

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Northwell Escapes Suit Over Pension Plan Conversion

By Patrick Hoff

Northwell Health defeated a proposed class action alleging it hid cuts to workers' pension plans when converting to a cash-balance plan in the late 1990s, with a New York federal judge finding the hospital system adequately disclosed how the change could impact participants' benefits.

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J&J Asks 3rd Circ. To Block Return Of Ex-Worker's Fee Claims

By P.J. D'Annunzio

Johnson & Johnson has asked the Third Circuit to keep dismissed excessive fee claims out of a proposed class action alleging the company charged employees too much for a prescription drug benefits program, arguing that the lower court correctly tossed that portion of the suit for lack of standing.

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Utah Health System Beats 401(k) Suit Over Stable Value Fund

By Grace Elletson

A Utah federal judge tossed a suit by workers who claimed a western U.S. health system kept an underperforming stable value fund in a retirement plan and greenlighted excessive management fees, ruling their case lacks evidence that the plan could have secured better funds and fees.

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LITIGATION

Amazon Settles With AI Worker Who Alleged It Ignored IP Law

By Craig Clough

A Los Angeles judge dismissed a lawsuit Monday by an artificial intelligence researcher who alleged the company ignored numerous laws in a frantic attempt to catch up to its artificial intelligence rivals after the parties reached an out-of-court settlement.

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UPS Driver Seeks Quick Win In Colo. Sick Leave Suit

By MJ Koo

A UPS package driver asked a Colorado federal court to rule in his favor on key issues in a proposed class action alleging the delivery giant failed to provide paid sick leave to thousands of union workers, arguing there are no disputed facts that could save the company's position.

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Mich. Crane Company Faces ERISA Benefits Suit

By Melanie Dorsey

The trustees of several Operating Engineers Local 324 benefit funds accused a crane company and its owner in Michigan federal court Friday of not making fringe benefit contributions required under a collective bargaining agreement and using the plan assets to instead pay expenses, violating ERISA.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week handled disputes involving corporate control, post-closing competition, executive departures, arbitration awards and shareholder litigation.

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LEGAL INDUSTRY

Judge Newman Won't Reopen High Court Suspension Battle

By Theresa Schliep

Federal Circuit Judge Pauline Newman did not ask the U.S. Supreme Court to reconsider her bid to save a suit against her fellow judges for suspending her from the bench over her refusal to undergo medical tests.

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Jackson Walker Settlements Over Judge Romance Get Greenlit

By Emma Cueto

A Texas bankruptcy judge has recommended approval of nine settlements regarding legal fees paid to Jackson Walker LLP connected to a former firm partner's romantic relationship with a then-bankruptcy judge, with the firm agreeing to pay $4.79 million in total, including $1.4 million to the estate of J.C. Penney.

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Trump-IRS Settlement Result Of Sham Suit, Judge Rules

By Jack McLoone

President Donald Trump's $10 billion suit against his own Internal Revenue Service and the resulting settlement deal lacked a legitimate controversy, given Trump's control over both the agency and the U.S. Department of Justice, a Florida district judge said Monday in an order barring Trump or others from citing the deal.

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Wells Fargo's $50M Deal In Atty's Ponzi Scheme Gets 1st OK

By Gina Kim

Wells Fargo will pay $50 million to settle a proposed class action alleging it knowingly helped a Las Vegas attorney run a multimillion-dollar Ponzi scheme deceiving investor victims into fronting money for borrowers awaiting personal injury settlement payouts, according to a preliminary approval order issued in Nevada federal court.

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Mass Tort Firms Hit With Suit Over AI Solicitation Calls

By Lynn LaRowe

A Michigan-based mass tort law firm and a pair of affiliate firms are violating federal and Texas state laws through an artificial intelligence-generated telemarketing campaign meant to solicit clients, according to a putative class action filed in Texas federal court.

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Senate Confirms SDTX Judge Pick Tied To Gun Group

By Courtney Bublé

The Senate voted 46-44 Monday evening to confirm Executive Assistant U.S. Attorney Arthur "Rob" Jones as a U.S. district judge to serve on the Southern District of Texas bench.

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Blanche Hearing To Proceed After Graham's Death

By Courtney Bublé

The Senate Judiciary Committee will still hold the confirmation hearing for Todd Blanche's nomination to be attorney general on Wednesday, despite the death of committee member Sen. Lindsey Graham, R-S.C., over the weekend. 

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LAW FIRMS IN TODAY'S NEWS

Asher Kelly

Ashurst Perkins

Bailey & Glasser

Brito PLLC

Capozzi Adler PC

Cohen Milstein

DV Injury Law

Faegre Drinker

Fairmark Partners LLP

Gibbs Mura

Girard Sharp

Greenberg Traurig

Holland & Hart

Isom Law Firm

Izard Kindall

Jackson Walker LLP

Javitch Law Office

King & Siegel

Levine Kellogg

Lowrey Parady

Mayer Brown

McCarter & English

McGuireWoods

Morgan Lewis

Norton Rose

Ogletree Deakins

Rivero Mestre

Rusty Hardin

Sidley Austin

Skadden Arps

Susman Godfrey

Thomas & Solomon

Verrill Dana

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Air Products & Chemicals Inc.

Amazon.com Inc.

Anthropic PBC

Apollo Global Management LLC

Clario

Douglas Elliman Realty LLC

Fortrea Inc.

Frontier Communications Parent Inc.

Google LLC

Intermountain Healthcare Inc.

J.C. Penney Co. Inc.

Johnson & Johnson

KPMG International

MetLife Inc.

Microsoft Corp.

National Grid PLC

National Rifle Association of America

New Civil Liberties Alliance

Northwell Health Inc.

OpenAI OpCo LLC

Seadrill Limited

Space Exploration Technologies Corp.

Stage Stores Inc.

T. Rowe Price Group Inc.

The UPS Store

Thermo Fisher Scientific Inc.

Trump Organization Inc.

United Parcel Service Inc.

Verizon Communications Inc.

Versar, Inc

WSP Global Inc.

Wells Fargo & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Alcohol Tobacco Firearms and Explosives

Delaware Court of Chancery

Executive Office of the President

Federal Bureau of Investigation

Internal Revenue Service

Los Angeles Superior Court

U.S. Air Force

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Connecticut

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

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

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

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

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the District of Nevada

United States District Court for the District of Utah