The Fourth Circuit on Tuesday reversed class certification for Genworth Financial Inc. employee 401(k) participants who alleged that their retirement savings were dragged down by underperforming BlackRock Inc. target date funds, holding that individual plan participants' investment performance was too varied for the court to sign off on their claims as a group.
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TOP NEWS

Genworth Unravels 401(k) Fund Suit Class Cert. At 4th Circ.

By Kellie Mejdrich

The Fourth Circuit on Tuesday reversed class certification for Genworth Financial Inc. employee 401(k) participants who alleged that their retirement savings were dragged down by underperforming BlackRock Inc. target date funds, holding that individual plan participants' investment performance was too varied for the court to sign off on their claims as a group.

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Aluminum Co. Execs To Pay $7M To End ESOP Lawsuit

By Patrick Hoff

Executives at an Indiana aluminum manufacturer and an employee stock ownership plan trustee will pay $7 million to end a proposed class action alleging they reneged on an agreement to sell the company to the ESOP when the founder died, according to a federal court filing.

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4th Circ. Backs W.Va.'s Trans Care Coverage Exclusion

By Grace Elletson

The Fourth Circuit said Tuesday that West Virginia's Medicaid coverage exclusion for gender-affirming care passes constitutional muster and does not discriminate based on sex, basing its conclusion on a U.S. Supreme Court ruling that upheld Tennessee's ban on gender-affirming care for minors.

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Panel Blocks Pension Atty Fee Deduction By Wash. Agency

By Ben Adlin

Washington's Department of Retirement Systems can't pay down a $12.6 million legal bill related to a $32 million class settlement over pensions by deducting from a class member's withdrawal of their state retirement contributions, a three-judge state appellate panel ruled Tuesday, partially affirming a trial court's ruling in the worker's favor.

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LITIGATION

2nd Circ. Revives Geico's Suit Over Acupuncture Referrals

By Mark Payne

A lower court erred in granting summary judgment to Geico after the insurer sued over reimbursements to an acupuncturist involved in what Geico said was a kickback scheme, the Second Circuit ruled Tuesday, finding the district court misinterpreted a state law detailing requirements for referrals and no-fault payments. 

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Lab's Aetna Payment Suit Survives, But With Deep Cuts

By Gianna Ferrarin

A Connecticut federal judge ruled Aetna and its parent company, CVS Health Corp., must face a pared down lawsuit from a medical laboratory alleging it is owed $20.6 million in unpaid invoices.

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CVS Can't 'Relitigate' Price-Gouging Class Cert.

By Bryan Koenig

A Rhode Island federal judge refused to narrow the certified classes of health plans alleging CVS schemed with pharmacy benefit managers to overcharge insured health plans for generic drugs, finding that PBM Express Scripts' refusal to produce its contracts changes nothing about how the classes will be assessed.

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Roblox Investors Aim To Preserve Claims As Clock Runs Down

By Emilie Ruscoe

Funds invested in immersive gaming platform Roblox are asking to intervene in a proposed class action alleging the company understated the likelihood of a post-COVID lockdown user revenue slump, saying the clock was running out for bringing certain claims while the judge weighs dismissing the suit.

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LEGAL INDUSTRY

Military Attys In DOJ 'Erodes Democratic Norms,' Ex-JAGs Say

By Lauren Berg

Nearly a dozen former military lawyers raised the alarm about the Trump administration appointing judge advocate officers to U.S. attorneys' offices, urging a Minnesota federal judge Tuesday to bar an Army lawyer from prosecuting a case that accuses a civilian of assaulting federal immigration enforcement agents.

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DOJ Official Faces Ethics Case Over Georgetown DEI Letters

By Alison Knezevich

U.S. Pardon Attorney Ed Martin has been hit with disciplinary charges in the nation's capital over threatening letters he sent to Georgetown University Law Center last year while he was interim U.S. attorney for Washington, D.C.

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Dems Confront Roberts At Wide-Ranging Judiciary Gathering

By Jeff Overley

The federal judiciary's top administrator voiced "serious and urgent concerns" Tuesday regarding threats of retribution against judges, a warning that coincided with a judicial gathering where Democrats discussed security fears and controversial U.S. Supreme Court rulings.

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Prosecutor Resigns, Judge Shows Slide Deck On AI Errors

By Abigail Harrison

A federal prosecutor told a North Carolina federal court Tuesday that he was separating from the office after admitting in open court to using artificial intelligence to help draft a response brief, what he called "the worst decision I've ever made in my 30-year career."

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Calif. Atty Gets Over 11 Years For Solar $1B Ponzi Scheme

By Dorothy Atkins

A California federal judge has sentenced a corporate attorney to 11 years and five months behind bars after he pled guilty to nearly two dozen charges for his role in DC Solar's $912 million Ponzi scheme, which duped major investors including Berkshire Hathaway, Progressive and SunTrust Equipment Finance & Leasing.

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Ex-Moses & Singer Partner Admits Tax Crimes, Will Pay $2.8M

By Aaron Keller

A former Moses & Singer LLP partner admitted to practice in New York and North Carolina courts has pled guilty to three counts of failing to file personal income tax returns and will pay $2.8 million in restitution, the U.S. Attorney's Office for the District of Connecticut announced Monday.

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Judiciary Approves Supreme Court Public Defender Office

By Katie Buehler

The federal judiciary approved a new office Tuesday aimed at improving the quality of representation for indigent defendants with cases in front of the U.S. Supreme Court. 

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Judge Fumes As Live Nation Antitrust Trial Remains In Limbo

By Stewart Bishop

The status of Live Nation Entertainment's antitrust trial and proposed settlement over federal and state government claims of anticompetitive conduct remained up in the air Tuesday amid pushback by several states, while the Manhattan federal judge overseeing the case upbraided the parties for keeping him out of the loop about negotiations.

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DOJ Unveils Superseding Policy For Corporate Criminal Cases

By Sarah Jarvis

The U.S. Department of Justice on Tuesday released its first-ever, department-wide, corporate enforcement policy for criminal matters, outlining how it will decline to prosecute companies that voluntarily disclose misconduct, cooperate with investigators and remediate wrongdoing.

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DLA Piper Can't Rep Itself At Bias Trial, Fired Atty Says

By Pete Brush

DLA Piper should not be permitted to represent itself at trial in a pregnancy discrimination case brought by a senior associate who was fired in 2022, lawyers for the plaintiff told a Manhattan federal judge.

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Judge Nixed Over MAGA Op-Ed Seeks Reinstatement

By Emily Sawicki

A retired Illinois state trial court judge pursuing First Amendment claims against the state Supreme Court after his right-wing opinion column resulted in his removal from a temporary judgeship has moved for immediate reinstatement to the Cook County Circuit Court.

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Wisconsin Judges Decline To Extend Interim US Atty's Term

By Courtney Bublé

A majority of judges in the Eastern District of Wisconsin have declined to extend the tenure of interim U.S. Attorney Brad Schimel, according to an announcement Tuesday.

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J&J Opposes Beasley Allen Reinstatement Bid In NJ Talc Fight

By Emily Sawicki

Johnson & Johnson is urging the New Jersey Supreme Court to not take the "extraordinary step" of intervening in an appellate panel ruling that disqualified Beasley Allen from representing hundreds of women in product liability litigation against the pharmaceutical giant after the Georgia-based firm "knowingly collaborated" with a former Johnson & Johnson outside counsel.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Baker & Hostetler

Barnes & Thornburg

Beasley Allen

Bochner PLLC

Burke Burns

Caldwell Carlson

Cravath Swaine

DLA Piper

Davis Polk

Dorsey & Whitney

Engstrom Lee

Faegre Drinker

FeganScott

Foster Garvey

Freshfields

Gibson Dunn

Hagens Berman

Hoover Hull

King & Spalding

Labaton Keller

Latham & Watkins

Leach & Walker

Lynch & Pine

McGuireWoods

McIntyre Tate

Miller Shah

Moses & Singer

Nichols Kaster

Niemeyer Grebel

O'Melveny & Myers

Paul Weiss

RileyCate LLC

Rivkin Radler

Robinson & Cole

Rolnick Kramer

Schwartz Conroy

Shuman McCuskey

Sills Cummis

Swanson & McNamara

Tycko & Zavareei

Wigdor LLP

Williams & Connolly

COMPANIES IN TODAY'S NEWS

Aetna Inc.

Affordable Care LLC

Berkshire Hathaway Energy GT&S

BlackRock Inc.

Brennan Center for Justice

Burke Inc.

CVS Health Corp.

Express Scripts Holding Co.

Geico Corp.

Genworth Financial Inc.

Harbor Capital Advisors Inc.

Herzog

Johnson & Johnson

Lambda Legal Defense & Educational Fund

Live Nation Entertainment Inc.

Marriott International Inc.

OptumRx Inc.

Protect Democracy Project Inc.

Prudential Financial Inc.

Roblox Corp.

State Bar of California

The District of Columbia Bar

The Progressive Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arkansas Teacher Retirement System

Bureau of Alcohol Tobacco Firearms and Explosives

Cook County Circuit Court

Defense Health Agency

Illinois Supreme Court

Judicial Conference of the United States

New Jersey Supreme Court

TRICARE

U.S. Air Force

U.S. Army

U.S. Attorney's Office

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

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

U.S. Attorney's Office for the Eastern District of California

U.S. Attorney's Office for the Eastern District of North Carolina

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Coast Guard

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Customs and Border Protection

U.S. Department of Defense

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Minnesota

U.S. District Court for the District of New Jersey

U.S. District Court for the District of Rhode Island

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

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

U.S. District Court for the Eastern District of North Carolina

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 Northern District of Illinois

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

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

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

U.S. House of Representatives

U.S. Navy

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

Washington State Department of Retirement Systems

West Virginia Attorney General's Office

Wisconsin Supreme Court