The U.S. Department of Labor's employee benefits arm unveiled a final rule Thursday that requires pharmacy benefit managers — which act as intermediaries between drugmakers, pharmacies and insurers — to make new disclosures on their fees and compensation to employer-sponsored group health plans.
Law360
Life Sciences
FRIDAY, OCTOBER 30, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

DOL Finalizes Pharmacy Benefit Manager Fee Disclosure Rule

By Kellie Mejdrich

The U.S. Department of Labor's employee benefits arm unveiled a final rule Thursday that requires pharmacy benefit managers — which act as intermediaries between drugmakers, pharmacies and insurers — to make new disclosures on their fees and compensation to employer-sponsored group health plans.

Final Rule attached | Read full article » | Save to favorites »

Delaware Chancery Keeps $8.9B R1 RCM Buyout Claim Alive

By Jarek Rutz

The Delaware Chancery Court has ruled that private equity firm TowerBrook Capital Partners LP and health system Ascension Health Alliance must face a stockholder claim challenging healthcare revenue management venture R1 RCM Inc.'s $8.9 billion take-private deal, finding that their joint investment vehicle qualified as a controlling stockholder despite owning less than one-third of the company's voting shares.

Opinion attached | Read full article » | Save to favorites »

Judge 'Put Off' By Atty Fee Bid In $59.5M Menstrual App Deal

By Bonnie Eslinger

A California federal judge said Thursday that he'll give final approval to a $59.5 million settlement resolving class claims over a menstrual tracking app sharing sensitive health data with Google, but he cut the $19 million attorney fee request by 5%, saying counsel is "taking money out of consumers' pockets."

Read full article » | Save to favorites »

LITIGATION

Camp Lejeune Plaintiffs Blast 'Absurd' Lone Pine Motion

By Mike Curley

Plaintiffs in massive multidistrict litigation over toxic water at the Camp Lejeune military base are urging a North Carolina federal court to reject the federal government's bid for a Lone Pine motion requiring claimants to submit proof of their claims, saying it would delay the litigation by years, if not decades, and cause the plaintiffs' costs to skyrocket.

Memorandum attached | Read full article » | Save to favorites »

Colo. Justices Won't Review Hospital's Injunction Compliance

By Rachel Konieczny

The Colorado Supreme Court declined Thursday to take up transgender youth patients' challenge to a Denver judge's ruling that discharged their contempt citation against Children's Hospital Colorado for not resuming providing medical gender-affirming care to transgender adolescents.

Order attached | Read full article » | Save to favorites »

Fertility Cos. Accused Of Moving Eggs Without Consent

By Gianna Ferrarin

A national fertility clinic network has been hit with a suit in Los Angeles Superior Court alleging it jeopardized a 50-year-old woman's ability to have a biological child by transporting her frozen eggs across state lines to an automated facility without her permission.

Read full article » | Save to favorites »

EXPERT ANALYSIS

3 Eligibility Rulings Show Risks Of Broad Claim Constructions

Several recent decisions from the Federal Circuit, including its ruling in Berkeley v. W.W. Grainger, highlight the importance of identifying the inventive aspects of a patent early in the case so that patentees do not inadvertently read the inventive features out of their own claims, say attorneys at MoFo.

3 documents attached | Read full article » | Save to favorites »

LEGAL INDUSTRY

Weil's Demise Sparks Shock, Reflection In The Legal World

By Alison Knezevich and Andrea Keckley

The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.

Read full article » | Save to favorites »

'Leadership Vacuum' Preceded Weil's Collapse

By Daniel Moritz-Rabson and Aebra Coe

A series of leadership failures and strategic missteps preceded the precipitous downfall of Weil Gotshal & Manges LLP, sources told Law360 Pulse.

Read full article » | Save to favorites »

Lessons From The Past For Weil's Final Curtain Call

By Rick Archer

Weil Gotshal & Manges LLP leaders may have every reason to agree to an out-of-court wind-down, but dissolving such a storied law firm, which announced Wednesday it intends to shut down following an exodus of attorneys, is not as simple as a handshake among partners, experts said in interviews with Law360 on Wednesday.

Read full article » | Save to favorites »

Weil's Collapse Ends Firm's Long Run As Bankruptcy Leader

By Alex Wittenberg

Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.

Read full article » | Save to favorites »

Troutman, Baker McKenzie Report Data Breaches

By Lynn LaRowe

Troutman Pepper Locke LLP and Baker McKenzie experienced data breaches last month as a result of social engineering attacks, according to notices submitted this week to the attorneys general offices in California and Texas.

2 documents attached | Read full article » | Save to favorites »

Morgan & Morgan Seeks To Block Celebrity Ad Ban In Florida

By Ryan Boysen

Personal injury giant Morgan & Morgan PA has asked a Florida federal court for a preliminary injunction to block a Sunshine State bar rule that forbids celebrity endorsements in attorney advertisements.

Motion attached | Read full article » | Save to favorites »

Dark blue promo that reads Law360 Pulse Leaderboard Dark blue promo that reads 2026 Regional Powerhouses

COMPANIES IN TODAY'S NEWS

American Bankruptcy Institute

Ascension Health Inc.

Baretz & Brunelle LLC

BioTelemetry Inc.

Children's Hospital Colorado

Clayton Dubilier & Rice LLC

First Brands Group

Fossil Group Inc.

Gavin Solmonese LLC

Google LLC

International Business Machines Corp.

LG Electronics Inc.

Lehman Brothers Holdings Inc.

Level 3 Communications Inc.

LinkedIn Corp.

Major Lindsey & Africa LLC

Meta Platforms Inc.

Nasdaq Inc.

Netflix Inc.

New Mountain Capital LLC

Pharmaceutical Care Management Association

Pinnacle Fertility

R1 RCM Inc.

Steward Health Care System LLC

The ERISA Industry Committee

The Florida Bar

TowerBrook Capital Partners LP

United Airlines Holdings Inc.

VOYlegal LLC

W.W. Grainger Inc.

Washington Mutual Inc.

Zeughauser Group LLC

LAW FIRMS IN TODAY'S NEWS

Adamski Moroski

Advisors LLC

Akerman LLP

Baker McKenzie

Bell Legal Group LLC

Bernstein Litowitz

Buchalter LLP

Cooley LLP

Cravath Swaine

Dechert LLP

Dewey & LeBoeuf

Eckert Seamans

Fennemore

Fragomen Del Rey

Garnett Powell

Gibson Dunn

Green LLP

Greenberg Traurig

Gupta Wessler

Hogan Lovells

Holland & Knight

Keker Van Nest & Peters

Keller Postman

Kirkland & Ellis

Labaton Keller

Latham & Watkins

Lewis & Roberts PLLC

Lieff Cabraser

Lowenstein Sandler

Lowey Dannenberg

McDermott Will & Schulte

Morgan & Morgan PA

Morris Nichols

Morrison & Foerster

Paul Weiss

Potter Anderson

Robbins Geller

Seyfarth Shaw

Siri & Glimstad

Skadden Arps

Spector Roseman

Stroock & Stroock

Sullivan & Cromwell

Tripp Scott

Troutman

Wachtell Lipton

Wallace & Graham

Weil Gotshal

Weitz & Luxenberg

Willkie Farr

Winston Taylor

GOVERNMENT AGENCIES IN TODAY'S NEWS

Agency for Toxic Substances and Disease

Colorado Supreme Court

Delaware Court of Chancery

Employee Benefits Security Administration

Federal Bureau of Investigation

Federal Trade Commission

Los Angeles Superior Court

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of Labor

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

U.S. District Court for the District of Massachusetts

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

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

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

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

U.S. Supreme Court