A public utility company and its 401(k) plan investment adviser agreed to pay $2.6 million to end a class action alleging that underperforming target-date funds dragged down energy company workers' retirement savings, according to the proposed deal filed in Missouri federal court.
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TOP NEWS

Energy, Investment Cos. Ink $2.6M Target-Date Fund Suit Deal

By Kellie Mejdrich

A public utility company and its 401(k) plan investment adviser agreed to pay $2.6 million to end a class action alleging that underperforming target-date funds dragged down energy company workers' retirement savings, according to the proposed deal filed in Missouri federal court.

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Frontier Agrees To Settle 401(k) Suit Over Verizon Stock

By Patrick Hoff

Frontier Communications Corp. has agreed 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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Grocery Chain Can't Escape Suit Challenging 401(k) Plan Fees

By Grace Elletson

A Florida federal judge declined a supermarket chain's bid to toss a suit claiming it stood by while workers were charged too much in recordkeeping fees through its retirement plan, crediting evidence that similar plans may have received better recordkeeping deals.

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Estée Lauder Investors Reach $210M Deal Over Share Inflation

By Lauren Berg

Estée Lauder investors on Thursday asked a New York federal judge to greenlight a $210 million settlement resolving their proposed class claims that the cosmetics company and its top brass announced unrealistic expectations for growth amid the ongoing effect of the COVID-19 pandemic on its business.

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POLICY & REGULATION

Brief

New PBGC Amicus Program Offers Input On Important Cases

By Grace Elletson

Litigants involved in benefits cases that involve novel or significant pension-related issues can now ask the Pension Benefit Guaranty Corp. to lodge briefs shedding light on their disputes, the PBGC announced Thursday.

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LITIGATION

Toss Of Ex-Shkreli Atty's Deal May Be Error, 2nd Circ. Hints

By Pete Brush

A Second Circuit judge hinted Thursday that a trial judge may have erred in rejecting a retirement-fund garnishment deal that would have protected Martin Shkreli's convicted former lawyer from a potential $1 million "punitive tax event."

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La. Says Mailed Abortion Pills Harm State Budget, Sovereignty

By Dan McKay

The state of Louisiana on Thursday defended its standing to challenge telehealth access to the abortion medication mifepristone, telling the U.S. Supreme Court that it has suffered financial and other injuries as mail-order pills flood the state.

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Delta Pilots Ask Full 11th Circ. To Rehear Leave Bias Suit

By Chart Riggall

A group of former Delta Air Lines Inc. pilots whose suit over their use of paid military leave was dismissed by the Eleventh Circuit last month asked the full circuit to consider their claims of "company-wide hostility against military service."

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USW Seeks TRO On Retiree Healthcare Shift By Saint-Gobain

By Corey Rothauser

The United Steelworkers is asking a Pennsylvania federal court to block materials manufacturer Saint-Gobain from changing retiree healthcare benefits for union workers at multiple facilities while the parties arbitrate whether the changes violate their collective bargaining agreements.

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DOL Can Argue With Honeywell, Siemens In 401(k) Appeals

By George Woolston

The Third Circuit on Thursday granted the U.S. Department of Labor time to argue in two cases where workers are seeking to revive proposed class actions alleging their employers violated federal benefits law by misallocating forfeitures from an employee 401(k) plan.

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EXPERT ANALYSIS

Series

Speed Jigsaw Puzzling Makes Me A Better Lawyer

My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

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LEGAL INDUSTRY

Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.

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Morgan Lewis Hires 2 More Hunton Litigators

By Andrea Keckley

Morgan Lewis & Bockius LLP announced on Friday that it has hired two more attorneys from Hunton Andrews Kurth LLP to build up its litigation bench.

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Legal Industry Bounces Back, Gaining 2,400 Jobs In April

By Tracey Read

The legal sector is once again on a positive trajectory, gaining 2,400 jobs last month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

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Paul Weiss Says Atty Cuts Were Part Of Performance Reviews

By Daniel Moritz-Rabson

Paul Weiss Rifkind Wharton & Garrison LLP told Law360 on Friday that the firm has parted ways with some attorneys following an annual review process.

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Top Atty In DOJ Appeal Over Law Firm Exec Orders To Depart

By Jake Maher

The lead federal prosecutor on the Trump administration's appeal to reinstate executive orders targeting four law firms is stepping down from his government role at the end of May, he publicly announced this week.

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Law360's Legal Lions Of The Week

By Kevin Penton

The National Immigrant Justice Center and the American Civil Liberties Union lead this week's edition of Law360 Legal Lions, after a split Seventh Circuit panel rejected the Trump administration's argument that immigrants unlawfully in the United States have no due process rights.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

The head of the U.S. Department of Labor's employee benefits section said agency investigations will focus on benefit plan managers' loyalty conflicts, including pursuit of socially conscious goals. Meanwhile, Dell became the latest company to consider Texas as its new legal home. These are among the stories in corporate legal news you may have missed in the past week.

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Prosecutor Faces Probe Into Withheld Immigration Case Info

By Bonnie Eslinger

The lead assistant federal prosecutor for Rhode Island's civil division is under investigation for allegedly withholding information in an immigration case, according to an order from the Ocean State's top federal judge.

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DLA Piper Accused Of 'Frivolous' Suit To Please Chipotle GC

By Gina Kim

DLA Piper aggressively litigated a "frivolous" computer fraud lawsuit against a nonprofit volunteer in order to appease the then-general counsel of Chipotle, a client, who referred the case to the firm, according to a malicious-prosecution complaint filed Thursday in California state court. 

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In Case You Missed It: Hottest Firms And Stories On Law360

By Adam LoBelia

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Arnold & Porter

Bailey & Glasser

Bevan Brittan

Browne Jacobson LLP

Bryan Cave Leighton Paisner

Buchalter LLP

Burges Salmon

Clement & Murphy

Clyde & Co

Covington & Burling

Cripps LLP

DLA Piper

Davis Polk

Dentons

Don Bivens PLLC

Faegre Drinker

Galfand Berger

Gibson Dunn

Gowling WLG

Hogan Lovells

Holland & Knight

Holtzman Vogel

Hunton Andrews

Husch Blackwell

Izard Kindall

JMW Solicitors LLP

Jenner & Block

Julander Brown

K&L Gates

Katten Muchin

Kennedys Law LLP

Kenneth S. Nugent PC

King & Spalding

Kirkland & Ellis

Krevolin & Horst

Labaton Keller

Latham & Watkins

Law Office of Melanie Shapiro

Lester Aldridge

Lowenstein Sandler

Mayer Brown

McDermott Will & Schulte

Milbank LLP

Miller & Chevalier

Morgan Lewis

Morrison & Foerster

Norton Rose

Osborne Clarke

Paul Weiss

Perkins Coie

Pinsent Masons

Proskauer Rose

Quinn Emanuel

Schneider Wallace

Schwabe Williamson

Shoosmiths LLP

Sidley Austin

Skadden Arps

Stephenson Harwood

Steptoe LLP

Sterne Kessler

Stonebarger Law

Sullivan & Cromwell

Susman Godfrey

TLT LLP

Taft Stettinius

VanOverbeke Michaud

Verrill Dana

Walcheske & Luzi

Wenzel Fenton

WilmerHale

Withersworldwide

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

APC

AT&T Inc.

Aetna Inc.

Alliance Defending Freedom

Amazon.com Inc.

American Civil Liberties Union

American Express Global Business Travel

American Federation of Labor & Congress of Industrial Organizations

Amicus

Apollo Global Management LLC

Bimbo Bakeries USA Inc.

Boston University

Bridge Investment Group LLC

British Broadcasting Corp.

Cargill Inc.

Chipotle Mexican Grill Inc.

Columbia Sportswear Co.

Comerica Inc.

Cottrell Inc.

Dell Technologies Inc.

Delta Air Lines Inc.

Duke University

Evergy Inc.

FMR LLC

Frontier Communications Parent Inc.

Google LLC

Hatch Henderson Fivel LLC

Honeywell International Inc.

International Business Machines Corp.

International Trademark Association

Investments Ltd.

Johnson & Johnson

Legoland Discovery Centre Us LLC

LinkedIn Corp.

Meta Platforms Inc.

Nasdaq Inc.

OpenAI OpCo LLC

SageView Advisory Group LLC

Saint-Gobain SA

Samba Financial Group

Singapore Airlines Ltd.

Sopra Steria Group

Southeastern Grocers LLC

The Estee Lauder Cos. Inc.

The University of Alabama System

The Whitlock Co.

Travere Therapeutics Inc.

Twitter Inc.

UBS Group AG

United Steelworkers

Verizon Communications Inc.

Vinci SA

Wm Morrison Supermarkets PLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Labor Statistics

Commodity Futures Trading Commission

Companies House

Department for Work & Pensions

Employee Benefits Security Administration

Federal Acquisition Regulatory Council

Food and Drug Administration

International Trade Commission

Louisiana Attorney General's Office

National Labor Relations Board

National Security Council

Pension Benefit Guaranty Corp.

U.S. Air Force

U.S. Attorney's Office for the District of Rhode Island

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

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Interior

U.S. District Court for the District of Connecticut

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

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

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

UK Ministry of Justice