Fidelity National Information Services has agreed to a $210 million settlement that resolves a proposed class of investors' claims that the fintech misrepresented the success prospects of its multibillion-dollar acquisition of payment processor Worldpay, according to an unopposed motion seeking a Florida federal court's preliminary approval of the deal.
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TUESDAY, DECEMBER 23, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Fidelity National Agrees To $210M WorldPay Merger Suit Deal

By Rae Ann Varona

Fidelity National Information Services has agreed to a $210 million settlement that resolves a proposed class of investors' claims that the fintech misrepresented the success prospects of its multibillion-dollar acquisition of payment processor Worldpay, according to an unopposed motion seeking a Florida federal court's preliminary approval of the deal.

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Ex-Derailment Deal Admin Will Pay $17M To End Contempt Bid

By Matthew Santoni

The ousted administrator of Norfolk Southern's $600 million settlement over the derailment in East Palestine, Ohio, will pay $17.25 million to resolve claims that it mishandled the distribution of payouts, according to deal terms approved Monday. 

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Supreme Court Halts Pittsburgh Post-Gazette Union Order

By Emily Brill

The U.S. Supreme Court stayed a Third Circuit order Monday that had required the Pittsburgh Post-Gazette to bargain in good faith with its newsroom workers' union and rescind changes to their healthcare and working conditions, pressing pause on an order that ended a three-year strike at the paper.

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EMPLOYMENT & BENEFITS

Catching Up With Delaware's Chancery Court

By Jeff Montgomery

Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.

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Delta Pilots Lose Military Leave Class Cert. Bid In 'Close Call'

By Chart Riggall

A Georgia federal judge on Monday denied a class certification bid by Delta pilots claiming they were denied military leave, noting the absence of a named plaintiff to serve as class representative.

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Nationwide Gets Partial Early Win In 401(k) Class Action

By Kellie Mejdrich

An Ohio federal judge on Monday granted Nationwide Mutual Insurance Co. a quick win on some claims in a class action from employee 401(k) plan participants who alleged mismanagement, but directed the parties to prepare for a bench trial on other claims in the federal benefits lawsuit.

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3rd Circ. Permits DOL To Back Honeywell In 401(k) Suit

By George Woolston

The U.S. Department of Labor can file a friend-of-court brief supporting Honeywell's position in a worker's fight to revive a proposed class action alleging the company violated federal benefits law, the Third Circuit said Monday.

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Red Lobster Pays Tipped Employees Incorrectly, Suit Says

By Lauraann Wood

Red Lobster has been hit with proposed class wage claims in Illinois state court accusing the seafood restaurant chain of illegally failing to properly pay its tipped employees for non-tipped work they're also expected to complete while on the clock.

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SECURITIES

$14.8M Deal Proposed In Genius Sports SPAC Chancery Case

By Jarek Rutz

Stockholders and defendants in a Delaware Chancery Court lawsuit challenging the merger that took sports data company Genius Sports Ltd. public through a special purpose acquisition company have reached a proposed $14.8 million cash settlement, according to a release by plaintiffs' counsel Monday.

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Chipotle Dodges Investor Claims Over Portion Cuts

By Sydney Price

Chipotle Mexican Grill Inc. has escaped a proposed shareholder class action accusing it and its executives of downplaying concerns about meager portion sizes, an issue the company later acknowledged it would correct, with a California federal judge's ruling that the allegations are insufficient to establish that Chipotle's statements were false or misleading.

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New Class Action Claims CIBC, RBC Rigged Quantum Shares

By Katryna Perera

A Quantum Biopharma investor has filed a proposed class action against several major Canadian banks, accusing them of running a spoofing scheme for years that artificially drove down Quantum's stock price — flooding exchanges with fake sell orders to mislead the market and buy shares at deflated prices, costing ordinary shareholders millions.

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Sallie Mae Investor Sues Over Late Student Loan Payments

By Jessica Corso

Sallie Mae is facing a possible class action in New Jersey that accuses the company and its top executives of committing securities fraud by underselling an increase in student loan delinquencies.

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Rivian Shareholder Sues Top Brass Over Post-IPO Pricing

By Sydney Price

Executives and directors of Rivian Automotive Inc. were hit with an investor's derivative suit accusing them of damaging the company by hiding that its flagship electric vehicles were far more expensive to build than advertised, making price hikes after its initial public offering inevitable.

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CYBERSECURITY & PRIVACY

Nev. Dental Group Strikes $3.3M Deal In Data Breach Suit

By Gianna Ferrarin

A Nevada-based dental practice agreed on Friday to pay $3.3 million to resolve proposed class claims over a data breach that potentially affected over 1.2 million people, the plaintiffs said in a request to a federal court for preliminary approval of the deal.

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Life Insurer, Customers' $335K Deal OK'd In Data Breach Suit

By Hope Patti

A Connecticut federal court gave final approval to a deal requiring a life insurance and financial planning company to pay $335,000 to end claims over a 2023 data breach that potentially compromised its customers' personal information.

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CONSUMER PROTECTION

Robocall Class Seeks $35.7M After Failed Deal Talks

By Lauraann Wood

Consumers looking to hold a resort company liable after its vendor placed more than 70,000 unwanted marketing calls to National Do Not Call registrants have asked an Illinois federal judge to enter a $35.7 million judgment reflecting their recent summary judgment win after their court-ordered settlement negotiations were unsuccessful.

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IP & TECHNOLOGY

Authors Push For OpenAI Counsel Talks On Pirated Books

By Elliot Weld

A class of authors suing OpenAI over copyright infringement claims has asked a Manhattan federal judge to leave in place a magistrate judge's order for the artificial intelligence startup to turn over its in-house attorneys' communications regarding the deletion of a set of pirated books that were allegedly used to train ChatGPT.

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BANKING

Major Banks Want Loan Rate Collusion Suit Tossed

By Katryna Perera

Several major banks urged a Connecticut federal judge to toss a proposed class action alleging that for the past 30 years, they have been artificially inflating interest rates on variable-rate loans to consumers and small businesses, arguing the suit fails to plead evidence of a conspiracy among the banks.

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IMMIGRATION

Boasberg Orders Admin To Return Venezuelans For Hearings

By Jared Foretek

U.S. District Judge James E. Boasberg has once again ordered the Trump administration to return more than 100 Venezuelan migrants who were flown to the CECOT prison in El Salvador without removal hearings in March, ruling that the government had violated their due process rights.

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Asylum-Seekers Update Challenge To Cooperative Agreements

By Britain Eakin

Asylum-seekers challenging the Trump administration's use of asylum cooperative agreements with other countries updated their challenge to the practice Friday, telling a D.C. federal judge they are at risk of being unlawfully deported to nations the federal government itself deems dangerous.

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COMPLIANCE

7th Circ. Rejects Challenge To Chicago Towing Practices

By Celeste Bott

The Seventh Circuit on Monday affirmed the dismissal of a putative class action challenging the city of Chicago's practice of booting, towing, impounding and ultimately disposing of residents' cars to enforce compliance with its traffic code, saying it doesn't amount to a taking under the Fifth Amendment.

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Mich. Justices Reopen Female Inmates' Harassment Suit

By Danielle Ferguson

The Michigan Supreme Court has said nothing in a state prisoner litigation statute requires judges to permanently dismiss actions that don't meet all the procedural requirements, giving female inmates of the Wayne County jail a potential second chance at their harassment lawsuit.

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PEOPLE

4 Robbins Geller Attys To Join New Securities Boutique

By Daniel Connolly

The managing partner of the New York City office of midsized law firm Robbins Geller Rudman & Dowd LLP is leaving with three other securities partners to join a new securities boutique that was launched by a lawyer who recently left Bernstein Litowitz Berger & Grossmann LLP in a contentious exit.

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EXPERT ANALYSIS

The Major Securities Litigation Rulings And Trends Of 2025

The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

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2025 Calif. Banking Oversight Centered On Consumer Issues

The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

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LEGAL INDUSTRY

Bonus Spotlight

Haynes Boone, Seward & Kissel Announce Year-End Bonuses

By Aebra Coe

Haynes Boone is handing its associates year-end and special bonuses in line with those offered by a significant portion of BigLaw this year, largely adhering to a bonus scale first put forward by Cravath Swaine & Moore LLP in November, a firm spokesperson confirmed Monday.

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Analysis

4 Legal Ethics Matters That Rocked 2025

By Emily Sawicki

This year, judges across the country grappled with attorneys' use and misuse of generative artificial intelligence, and prominent federal prosecutor battles dominated headlines in some of the top legal ethics matters of 2025.

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DOJ Challenges ABA's Standing In Law Firm Intimidation Suit

By Ryan Boysen

The Trump administration is not waging an intimidation campaign against U.S. law firms, the government said Friday, calling an American Bar Association lawsuit challenging its alleged "law firm intimidation policy" as total speculation that must be dismissed due to lack of standing.

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JPMorgan Rips Javice Attys' 'Absurd' Bills For Candy, Booze

By Dorothy Atkins

JPMorgan has unveiled new details in its ongoing legal fee fight with Charlie Javice, accusing the convicted financial aid startup founder's Quinn Emanuel defense counsel and other firms of billing for "absurd" and "outrageous" expenses, including specialty cocktails, cellulite butter, a Cookie Monster toy and $530 on gummy bears.

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Ex-CIA Director's Lawyers Accuse DOJ Of Judge Shopping

By Carolina Bolado

Former CIA Director John Brennan's attorneys asked the chief judge for the Southern District of Florida on Monday to block prosecutors from trying to steer any potential charges against him for investigating Russia's 2016 election interference to U.S. District Judge Aileen Cannon's courtroom.

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Analysis

2025 Was A Policy Year Like No Other For Immigration Attys

By Britain Eakin

This year brought nonstop immigration policy whiplash as the Trump administration ramped up enforcement, triggering panic among employers about I-9 compliance in a landscape of constantly shifting adjudication and work authorization policies. Here, Law360 looks at how policy shifted attorney practice in 2025.

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Calif. Atty Slams 'Protectionist' ABS Fee-Sharing Ban

By Emily Sawicki

A California attorney has pushed back on opposition from California's attorney general and the state's bar association amid his efforts to block enforcement of a ban on fee sharing with out-of-state law firms owned by nonattorneys, arguing the new state law is a "protectionist act, in defiance of the constitution."

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LawFirms.com Beats LegalForce's TM Suit After Bench Trial

By Ivan Moreno

A California judge has concluded that a company that operates LawFirms.com did not infringe a law firm's trademarks for LegalForce, saying that during a four-day bench trial in October the court found "no one was actually confused or misled."

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Schumer Pushes Senate To Sue Over Epstein File Release

By Courtney Bublé

Senate Minority Leader Chuck Schumer, D-N.Y., introduced a resolution on Monday that would direct the Senate to take legal action to force the Trump administration to fully comply with the law to release the files of the late financier and sex offender Jeffrey Epstein.

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Analysis

As US Executions Decline, Florida Surges

By Brandon Lowrey

During Florida's 1994 gubernatorial race, Republican candidate Jeb Bush accused Democratic incumbent Lawton Chiles of being too soft on crime; Chiles' immediate predecessor, Bush pointed out, had signed almost 10 times as many death warrants as Chiles had.

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LAW FIRMS IN TODAY'S NEWS

Ahdoot & Wolfson

Alston & Bird

Axinn Veltrop

Baker & Hostetler

Barnes & Thornburg

Bernstein Litowitz

Blank Rome

Buchalter APC

Burg Simpson

Burger Meyer

Burr & Forman

Bursor & Fisher

Cafferty Clobes

Campbell & Williams

Carpenter Lipps

Cohen Milstein

Colombo & Hurd

Covington & Burling

Cowan DeBaets

Cozen O'Connor

Cravath Swaine

Crotty & Son

Davis Polk

Day Pitney

Debevoise & Plimpton

Edelson Lechtzin

Faegre Drinker

Federman & Sherwood

Flannery Georgalis

Fradin Law

Gibson Dunn

Glenn Agre

Grant & Eisenhofer

GrayRobinson

Greenberg Traurig

Gupta Wessler

Haynes Boone

JVK Law

Jenner & Block

Jones Day

Keker Van Nest & Peters

Kenneth S. Nugent PC

King & Ballow

King & Spalding

Kirkland & Ellis

Klafter Lesser

Labaton Keller

Latham & Watkins

LegalForce RAPC

Leonard Dicker & Schreiber

Lieff Cabraser

Littler Mendelson

MH Sub I LLC

Mayer Brown

McGuireWoods

McKool Smith

Mintz Levin

Morgan Lewis

Morrison & Foerster

Myron M. Cherry & Associates

Outten & Golden

Paul Weiss

Perkins Coie

Peter Romer-Friedman Law

Plunkett Cooney

Pomerantz LLP

Potter Anderson

Pullman & Comley

Quinn Emanuel

Reich & Paolella

Robbins Geller

Robbins LLP

Ropes & Gray

Schwartz White

Scott&Scott

Seward & Kissel

Sidley Austin

Simmons Hanly

Simon Law Co

Skadden Arps

Smith Gambrell

Spears Manning

Stone LLP

Stranch Jennings

Susman Godfrey

Swanson Martin

The Barton Firm LLP

Troutman

Troutman Amin

Wiggin & Dana

Wilkinson Stekloff

WilmerHale

Winston & Strawn

Wisner Baum

Wohl & Fruchter

Zagrans Law Firm

Zeichner Ellman

iGeneral Counsel PC

COMPANIES IN TODAY'S NEWS

Above the Law

Adidas AG

Alphabet Inc.

Amalgamated Bank

American Bar Association

American Civil Liberties Union

American Museum of Natural History

Bank of America Corp.

Canadian Imperial Bank of Commerce

Chipotle Mexican Grill Inc.

Citigroup Inc.

Comcast Corp.

ConocoPhillips Co.

Dell Technologies Inc.

Delta Air Lines Inc.

Federation Internationale de Football Association

Fidelity National Information Services Inc.

FirstEnergy Corp.

GitLab Inc.

Google LLC

Honeywell International Inc.

Human Rights First

ITG Brands LLC

Internet Archive

Internet Brands Inc.

JPMorgan Chase & Co.

LexisNexis Legal & Professional

Macquarie Infrastructure Corp.

Meta Platforms Inc.

Nationwide Mutual Insurance Co.

Navy Federal Credit Union

Noble Environmental Inc.

Norfolk Southern Corp.

OpenAI OpCo LLC

Public Co. Accounting Oversight Board

R.J. Reynolds Tobacco Co. Inc.

RELX PLC

Red Lobster Hospitality LLC

Rivian Automotive LLC

Royal Bank of Canada

SLM Corp.

Slack Technologies Inc.

Spotify Technology SA

State Bar of California

Summer Bay Resorts

Tahirih Justice Center

Tesla Inc.

The Boeing Co.

The Florida Bar

The Goldman Sachs Group Inc.

The Home Depot Inc.

The Newspaper Guild

The PNC Financial Services Group Inc.

U.S. Bancorp

Uber Eats

Uber Technologies Inc.

Uniswap Labs

WebMD LLC

Wells Fargo & Co.

Worldpay LLC

Zillow Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arkansas Teacher Retirement System

California Department of Justice

California Supreme Court

Central Intelligence Agency

Commodity Futures Trading Commission

Delaware Court of Chancery

Department of Financial Protection & Innovation

Employee Benefits Security Administration

Executive Office of the President

Federal Bureau of Investigation

Federal Reserve System

Florida Supreme Court

Homeland Security Investigations

Michigan Supreme Court

National Labor Relations Board

Nebraska Department of Banking & Finance

New York Attorney General's Office

U.S. Attorney's Office

U.S. Citizenship and Immigration Services

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

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

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

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 New Jersey

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

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

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

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

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

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

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court

United Nations

United States District Court for the District of Nevada

United States District Court for the Northern District of Ohio

United States District Court for the Southern District of Ohio