Attorneys for employee benefit plan participants who sued to change how United Behavioral Health processed claims for mental health and substance use disorder treatment asked a California federal court for up to $33 million in fees and expenses for their work on the "groundbreaking" case.
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TOP NEWS

Attys Want Up To $33M In Long-Running UBH Benefits Fight

By Kellie Mejdrich

Attorneys for employee benefit plan participants who sued to change how United Behavioral Health processed claims for mental health and substance use disorder treatment asked a California federal court for up to $33 million in fees and expenses for their work on the "groundbreaking" case.

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FTC Pulls OptumRx Insulin Price Case To Review Final Deal

By Bryan Koenig

The Federal Trade Commission's third and final settlement resolving an in-house case accusing pharmacy benefit managers of inflating insulin prices through rebate schemes is in sight after the agency on Friday pulled from adjudication its allegations against UnitedHealth Group Inc.'s OptumRx to review a deal struck with staffers.

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Ala. Judge Shopping Case Dismissed, But Docs Sealed For Year

By Madison Arnold

A Florida federal judge indicated in a brief order Friday that an indictment has been dismissed against an attorney in a judge shopping case, but said the motion related to the dismissal will be kept under seal for a year.

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Barnes & Thornburg Profit-Share Admin Wants Legal Bills Paid

By James Boyle

A company that oversaw recordkeeping duties of Barnes & Thornburg LLP's profit-sharing plan says in a complaint in Pennsylvania state court it is owed legal fees over a previous suit filed by a former firm partner.

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EXECUTIVE COMPENSATION

Chancery Cuts Claim Over FNF Chair's $50M Equity Award

By Jarek Rutz

The Delaware Chancery Court has narrowed a stockholder derivative lawsuit challenging compensation decisions at Fidelity National Financial Inc., dismissing claims tied to a $50 million equity award for Chairman William P. Foley while allowing claims over directors' self-approved compensation packages to move forward.

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LITIGATION

Wells Fargo, Ocwen Lose 2nd Circ. Rehearing In ERISA Suit

By Sydney Price

The Second Circuit rejected a request for rehearing by Wells Fargo and Ocwen, which asked the court to reconsider its decision to revive a federal benefits lawsuit accusing them of mishandling home loans tied to union employee pension fund investments.

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Judge Gives First OK To $69M ChemoCentryx Deal

By Katryna Perera

A California federal judge has given the first green light to a $69 million settlement reached between investors and ChemoCentryx, resolving claims that the California-based pharmaceutical company overstated the efficacy of its newly developed treatment for autoimmune disease ANCA vasculitis.

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Mich. Panel Upholds Stock Redemption Order

By Susan Smiley

A Michigan state appeals court has affirmed a trial court decision that resolved a decades-long shareholder dispute between a real estate development firm and its ex-CEO by ordering the company to buy out the former executive's original $25,000 investment plus 7% interest.

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LEGAL INDUSTRY

3 Things To Know About Trump's Pick To Lead SDNY

By Daniel Moritz-Rabson

President Donald Trump has announced that he plans to appoint Sullivan & Cromwell LLP partner James M. McDonald to lead the Southern District of New York. Here are three things to know about him.

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Trump Personal Atty In Carroll Cases Confirmed To 8th Circ.

By Courtney Bublé

The Senate voted 48-43 on Monday evening to confirm Justin Smith, who represented the president in the defamation and sexual abuse cases brought by writer E. Jean Carroll, to the U.S. Court of Appeals for the Eighth Circuit.

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Hagens Berman Must Cover Fees After Misconduct Findings

By Adrian Cruz

Hagens Berman Sobol Shapiro LLP must cover the fees and costs of a special master who alleged the firm committed misconduct in product liability litigation over the morning sickness drug thalidomide, a Pennsylvania federal judge has said.

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Analysis

Newman's Appeal Loss Shows Limits On Suspension Reviews

By Ryan Davis

The U.S. Supreme Court's rejection on Monday of Federal Circuit Judge Pauline Newman's appeal in the long-running dispute over her suspension made clear that the available routes to challenge such orders are narrow, and spurred critics to contemplate ways to revise the system.

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Justices Turn Down Judge Newman's Suspension Case

By Ryan Davis

The U.S. Supreme Court on Monday rejected Federal Circuit Judge Pauline Newman's effort to revive her lawsuit against her colleagues for suspending her, leaving intact a D.C. Circuit decision that her challenges to the order are not subject to judicial review.

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Ex-SEC Atty Reprimanded Over Misstatements In Crypto Case

By Julie Manganis

A former U.S. Securities and Exchange Commission attorney has received a public reprimand for misleading a judge in a cryptocurrency fraud case that led to sanctions against the agency.

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FBI Misplaced Nadine Menendez's Jewelry, Judge Told

By Parker Quinlan

An attorney for Nadine Menendez on Monday told a Manhattan federal judge that the FBI is still unable to locate pieces of her jewelry seized as part of the investigation that led to Menendez and her husband, former U.S. Sen. Bob Menendez of New Jersey, being convicted of participating in a bribery scheme.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled disputes involving shareholder voting rights, take-private transactions, merger disclosures, board control battles and investor litigation, while the Delaware Supreme Court heard arguments over the wind-down of an oil-and-gas investment fund.

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LAW FIRMS IN TODAY'S NEWS

Arnold & Porter

Ashby & Geddes

Barnes & Thornburg

Bernstein Litowitz

Cooley LLP

Cozen O'Connor

Croke Fairchild

Crowell & Moring

Dechert LLP

Demeo LLP

Demorest Law Firm

Gibson Dunn

Hagens Berman

Jones Day

Keller Rohrback

Latham & Watkins

Levi & Korsinsky

Lightfoot Franklin

Melton Espy

Mike Scott Law

Morrison & Foerster

O'Melveny & Myers

Orrick Herrington

Psych-Appeal Inc

Quinn Emanuel

Reed Smith

Rule Garza

Shook Hardy

Sidley Austin

Stris & Maher

Sullivan & Cromwell

Thompson Hine

Williams & Connolly

WilmerHale

Zuckerman Spaeder

COMPANIES IN TODAY'S NEWS

Aetna Inc.

Apollo Global Management LLC

Authentic Brands Group LLC

B. Riley Financial Inc.

Boston College

CVS Health Corp.

ChemoCentryx Inc.

Cloudflare Inc.

Elliott Investment Management LP

Evernorth Health Services

Express Scripts Holding Co.

Fidelity National Financial Inc.

GSK PLC

Guess Inc.

HDR Global Trading Ltd.

JPMorgan Chase & Co.

Lambda Legal Defense & Educational Fund

LinkedIn Corp.

Medco Health Solutions Inc.

Morgan Stanley

National Holdings Corp.

New Civil Liberties Alliance

Ocwen Financial Corp.

Optum Inc.

Otis Worldwide Corp.

SPAR Group, Inc.

Sanofi

The Charles Schwab Corp.

The Cigna Group

The PNC Financial Services Group Inc.

TopBuild Corp.

United Food & Commercial Workers International Union

UnitedHealth Group Inc.

University of Virginia

Wells Fargo & Co.

Zinc Health Services LLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Commonwealth of Massachusetts

Delaware Court of Chancery

Executive Office of the President

Federal Bureau of Investigation

Federal Trade Commission

Food and Drug Administration

Internal Revenue Service

Massachusetts Board of Bar Overseers

Missouri Department of Agriculture

New York State Assembly

U.S. Attorney's Office for the Middle District of Alabama

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

U.S. Court of Appeals for the Eighth Circuit

U.S. Department of Justice

U.S. Department of Labor

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

U.S. District Court for the Middle District of Alabama

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

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

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

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court