Building Products Co. Narrows Suit Over 401(k) Options, Fees

By Kellie Mejdrich

An Illinois federal judge trimmed a proposed class action against a building products company and its investment manager alleging that workers lost millions on underperforming 401(k) funds and excessive fees in their retirement plan, while leaving the door open for the ex-workers who sued to revise their claims.

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Merck Loses HHS Suit Over Medicare Drug Price Program

By Jared Foretek

A D.C. federal judge shot down Merck's challenge to the Inflation Reduction Act's Drug Price Negotiation Program on Monday, ruling that the pharmaceutical giant's voluntary participation in connected Medicare and Medicaid programs meant that its inclusion in the negotiation program doesn't constitute an unconstitutional taking.

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Brief

ATI Retirees To Appeal Toss Of Pension De-Risking Suit

By Patrick Hoff

Former ATI employees will ask the Third Circuit to reopen a proposed class action alleging the aerospace company put their retirement benefits at risk by converting $1.5 billion in pension obligations to insurance-backed annuities, according to a filing in Pennsylvania federal court.

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Wis. Grocery Chain Settles Manager OT Suit For $7.5M

By Benjamin Morse

A Wisconsin grocery chain and a group of department managers have asked a federal court to preliminarily approve a $7.5 million settlement resolving claims that the workers were misclassified as overtime-exempt, a deal expected to cover roughly 1,000 current and former employees.

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Facebook Investors Move For Class Cert. After High Court Test

By Jessica Corso

Robbins Geller Rudman & Dowd LLP and Bernstein Litowitz Berger & Grossmann LLP are pushing to lead a class of Facebook Inc. investors who claim to have lost billions of dollars in the wake of the Cambridge Analytica scandal, saying they are well-positioned to spearhead the case after defeating a U.S. Supreme Court challenge.

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AGs Want Meta's Privilege Claims Reviewed In Bellwether Trial

By Dorothy Atkins

During a break in a jury trial Monday over states' claims Meta hid social media's harm, states' counsel urged a California federal judge to require Meta to re-review all of its attorney-client privilege designations, arguing that "it seems actually logically impossible" that Meta described the wrong standard in only a single document.  

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Legal Center Says DOJ Is Stonewalling Fund Records Request

By Jared Foretek

A voting rights nonprofit is accusing the U.S. Department of Justice of stonewalling a request for records on the Trump administration's attempted "anti-weaponization fund," claiming that the agency has spent the summer unlawfully ducking a Freedom of Information Act submission.

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Galindo Law Files For Ch. 11 After Camp Lejeune Fee Fight

By Ben Zigterman

A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to finding potential victims of water contamination at Marine Corps Base Camp Lejeune.

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Attys Ask Court To Toss Suit Alleging They Stole 1,000 Cases

By Spencer Brewer

Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.

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