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August 10, 2026
The Delaware Chancery Court last week tackled disputes involving merger settlements, contract claims, controlling stockholders, music rights, prejudgment interest, absentee voting and stockholder standing.
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August 10, 2026
Appliance manufacturer Electrolux is turning to the D.C. Circuit to challenge a $32 million arbitration award in favor of an International Association of Machinists pension fund after a trial court upheld the award last month over the company's objections.
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August 10, 2026
The U.S. Treasury Department and IRS proposed regulations Monday on how employers can contribute to Trump Accounts, the new tax-advantaged brokerage accounts for children, along with guidelines on how to apply rules for nondiscrimination testing to those contributions.
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August 07, 2026
Cable technicians who say that Comcast and several other companies have been misclassifying them as independent contractors to deny them job protections will have to arbitrate their claims, a Virginia federal court has ruled.
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August 07, 2026
Former military service members in five U.S. cities will have an opportunity to treat their depression with psilocybin through a clinical trial being run by the U.S. Department of Veterans Affairs, according to an agency announcement.
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August 07, 2026
The U.S. Treasury Department and IRS intend to propose regulations to implement a provision of the Secure 2.0 Act of 2022 designed to allow lower-income taxpayers who contribute to their retirement savings to receive a federal contribution of up to $1,000, the agencies said Friday.
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August 07, 2026
A former Unistrut International Corp. worker filed a proposed collective action in Michigan federal court on Friday accusing the metal framing system manufacturer of shortchanging thousands of hourly employees on overtime by failing to include shift differentials, bonuses and other compensation when calculating their pay.
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August 07, 2026
A New York federal judge denied Cornell University's request to strike a jury trial demand in a class action alleging that excessive recordkeeping fees dragged down workers' retirement plan savings, saying the class is entitled to a jury because the complaint sought both legal and equitable remedies.
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August 07, 2026
The Ninth Circuit rejected a fund manager's bid to force a 401(k) suit into arbitration, a district court tossed a pension de-risking suit, and the D.C. Circuit unraveled a union pension fund's $13 million withdrawal liability win.
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August 06, 2026
A Las Vegas tax preparation business owner was sentenced to 30 months in prison for conspiring to defraud the U.S. government by filing false tax returns and diverting portions of the resulting refunds to herself and an employee, the U.S. Justice Department said.
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August 06, 2026
A Pennsylvania federal judge on Thursday dismissed a suit against Cigna, Evernorth and Express Scripts from Pennsylvania pharmacy customers who alleged injury because the companies designated their community pharmacy as out-of-network, holding state-law claims were preempted by federal benefits law but allowing another chance at re-pleading.
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August 06, 2026
A former Colorado county commissioner must pay the nearly $6,000 she incurred in attorney fees for defending herself against county-triggered misconduct investigations, the Colorado Court of Appeals affirmed Thursday.
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August 06, 2026
John Deere has moved in Illinois federal court to dismiss former employees' claims that its severance program is governed by federal retirement law, arguing that the program's one-time lump sum payments require no ongoing administration.
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August 06, 2026
A Massachusetts federal judge has approved an antitrust settlement that will see Teva Pharmaceuticals pay $35 million to resolve claims that it schemed to delay generic competition for its QVAR asthma inhalers.
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August 05, 2026
The Justice Department's Antitrust Division signaled Wednesday that it may take enforcement action against Institutional Shareholder Services, withdrawing a 1987 letter stating the division would not do so and flagging "significant competition concerns" about the concentration of proxy advisory market power.
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August 05, 2026
Brazil-based meat giant JBS SA agreed to pay $31 million to shareholders of its subsidiary Pilgrim's Pride Corp. to settle a suit accusing JBS, its affiliates and its Pilgrim's board appointees of unfairly increasing JBS' clout and access to dividends and tax benefits at the expense of minority shareholders of Pilgrim's.
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August 05, 2026
A California federal judge on Wednesday refused to greenlight a $1.8 million deal that would wrap up a proposed class action alleging a plumbing company's retirement plan was loaded with costly investment options and excessive management fees, ruling that the plan participants' bid for approval was lacking critical details.
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August 05, 2026
The U.S. Supreme Court has set an October date for oral arguments in an appeal from Intel workers who argued the Ninth Circuit imposed too strict a standard when it upheld the dismissal of their lawsuit alleging their retirement savings were dragged down by underperforming investment options.
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August 05, 2026
A UPS driver urged a Colorado federal judge to reject the company's early win bid in a proposed class action, arguing late payments cannot erase paid-sick-leave violations.
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August 04, 2026
A coalition of Democratic attorneys general are warning the U.S. Securities and Exchange Commission that its plan to discard a corporate climate disclosure regulation is "unlawful," adding their voices to a chorus of state and local pension funds urging the agency to abandon the planned regulatory withdrawal.
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August 04, 2026
A consulting company flouted North Carolina's Unfair and Deceptive Trade Practices Act by charging veterans fees to file disability claims even while it lacked federal accreditation, a federal judge ruled in handing a partial pretrial victory to three classes of veterans.
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August 04, 2026
World Wrestling Entertainment expects to contribute $105 million toward a proposed settlement of Delaware shareholder litigation challenging its 2023 merger with UFC parent Endeavor, with most of that amount covered by insurance, according to a quarterly filing by parent company TKO Group Holdings Inc. filed Monday.
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August 04, 2026
A California federal judge agreed to rethink her previous order in a class action alleging that AT&T violated federal benefits law by allowing recordkeepers to earn excessive compensation from the company's employee retirement plan, sending some claims to trial about the fees and compensation of 401(k) plan service providers.
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August 04, 2026
A California federal judge erred by refusing to order an airline caterer to provide its workers with back pay after a healthcare dispute with a union, a split Ninth Circuit ruled Tuesday, saying the Railway Labor Act violation committed by the caterer occasioned a back pay award.
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August 04, 2026
AT&T is hoping the third time's the charm when it comes to convincing a Texas federal court to toss for good an investor suit that accuses the mobile behemoth of misleading investors about the removal of lead-covered copper cables from its network.