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May 22, 2026
Aon Corp. was hit Friday with retirement plan mismanagement claims by a group of current and former participants who say fiduciaries' failure to remove underperforming Vanguard funds as investment options has cost their plan more than $120 million in assets.
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May 22, 2026
Microsoft Corp. has agreed to pay $250 million to exit a lawsuit accusing it of shortchanging Activision Blizzard Inc. investors by rushing through a $75.4 billion deal to buy the video game company.
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May 22, 2026
The U.S. Supreme Court's recent holding that multiemployer plan actuaries can retroactively change the assumptions used to calculate employers' withdrawal liability could increase the price tag for pulling out of those pension plans, attorneys say.
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May 22, 2026
The International Brotherhood of Teamsters has asked an Oklahoma federal court to toss a lawsuit claiming that a former employee for a local branch of the union was stiffed on overtime and severance pay, arguing that the suit falls short in stating a claim against the international union.
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May 22, 2026
Counsel for The Boeing Co. urged the Delaware Chancery Court on Friday to dismiss a stockholder derivative suit accusing its leadership of ignoring years of safety and manufacturing red flags, arguing the company's board had overhauled its oversight systems after the fatal 737 Max crashes and monitored risks leading up to an Alaska Airlines door-plug blowout.
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May 22, 2026
A Connecticut hospital has dropped a lawsuit alleging UnitedHealthcare owed it more than $1 million after refusing to correct errors in Medicare Advantage cost calculations, state court records show.
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May 22, 2026
A group of pension plans and associated individuals cannot use timing limitations to quickly dismiss the Belgian government's suit alleging they fraudulently claimed about €124 million ($144 million) in tax refunds on dividends, a New York federal court said.
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May 22, 2026
A former producer at the insurance brokerage giant USI has breached his employment agreement by siphoning clients for his own competing company, according to a federal contract suit filed in Connecticut.
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May 21, 2026
Pharmacy benefit manager Prime Therapeutics LLC has replaced counsel Cravath Swaine & Moore LLP with WilmerHale and another firm in an antitrust case in Michigan federal court brought by the state's attorney general.
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May 21, 2026
Two Philadelphia pharmacies have filed a proposed class action against AmeriHealth Caritas Health Plan and its in-house pharmacy benefits manager, PerformRx LLC, claiming the companies violate Pennsylvania law by not disclosing "transmission fees" at the time a claim is run through the pharmacies' computers, according to a complaint removed to federal court.
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May 21, 2026
Goldman Sachs has agreed to pay $500 million to end a lawsuit brought by investors who say they lost money after it came to light that the company was allegedly involved in a bribery scandal tied to Malaysia's sovereign wealth fund.
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May 21, 2026
FedEx and a benefits provider have agreed to settle a worker's suit claiming her disability payments were abruptly cut off even though her doctor made clear that she was unable to go back to work, according to a Tennessee federal court filing.
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May 21, 2026
The U.S. Supreme Court ruled Thursday that multiemployer pension plan actuaries can retroactively change assumptions underlying their withdrawal liability calculations, rejecting employers' argument for time restrictions on the methodology underpinning penalties for pulling out of a pension fund.
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May 20, 2026
A mental health and substance use disorder treatment provider told a Colorado judge that affiliates of Anthem Blue Cross and Blue Shield can't get an early escape from its lawsuit accusing the affiliates of underpaying claims from some of its patients, according to a brief filed in federal court.
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May 20, 2026
Sandoz's Swiss parent company wants a Pennsylvania federal judge to rethink her decision forcing it to face generic drug price-fixing claims from major employers like General Motors, arguing the court "conflates" Novartis AG with Sandoz AG, which was spun off in 2023.
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May 20, 2026
A Long Island hospital agreed to settle a proposed class action alleging it cost workers millions of dollars in savings by loading its employee retirement plan with costly and underperforming investment options, according to a filing in New York federal court Wednesday.
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May 20, 2026
The Ninth Circuit appeared reluctant Wednesday to revive a suit alleging that HP Inc. violated federal benefits law by using forfeited 401(k) funds to defray employer-side contribution obligations, with judges questioning whether plan participants backed up allegations that the tech company hadn't been sufficiently loyal or prudent.
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May 20, 2026
A North Carolina business violated federal law by preparing veterans' disability claims for a fee without proper accreditation, a federal judge ruled Wednesday, handing a limited victory to a class of veterans by rejecting the company's claim that it acted merely as a consultant.
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May 20, 2026
Pennsylvania Attorney General Dave Sunday plans to fight an appellate panel's ruling that Medicaid-funded abortions are a fundamental right to reproductive autonomy in the state.
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May 20, 2026
Federal Trade Commission staffers have signaled that they're near a settlement with UnitedHealth Group Inc.'s OptumRx that would close out the agency's in-house case accusing pharmacy benefit managers of inflating insulin prices through rebate schemes.
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May 20, 2026
OpenAI has asked a federal judge in Chicago to end an insurance company's suit alleging it practices law without a license, arguing the complaint should be directed toward individuals who misuse the company's ChatGPT bot to file faulty motions, and not the generative AI platform itself.
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May 20, 2026
A former New Jersey judge and the state judiciary have reached a settlement in her suit over the denial of her disability pension, according to a letter filed in state court.
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May 20, 2026
A life insurance company defeated a proposed class action alleging it failed to remove an underperforming fund from its $2 billion 401(k) plan, with a New Jersey federal judge concluding the suit didn't provide valid comparisons to better-performing funds.
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May 19, 2026
PHL Variable Insurance Co. life insurance policyholders on Tuesday accused Connecticut's interim insurance commissioner of bankrolling the struggling insurer's rehabilitation by receiving millions without guaranteeing at least some payout, urging a state appeals court to reverse a trial judge's conclusion that premiums are not "debts."
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May 19, 2026
An auto repair chain has agreed to settle a Texas federal court suit claiming it cost workers millions of dollars in retirement savings by using forfeited funds from the plan to pay down its own contribution bills rather than plan management costs, according to a court filing Tuesday.