Benefits

  • February 29, 2024

    Insurance Co. Settles Mass. Worker's Long COVID Suit

    Lincoln Life Assurance has agreed to resolve a suit alleging it wrongly cut off disability payments to a worker who was recovering from over a year of debilitating long-term symptoms caused by COVID-19, according to a Thursday order in Massachusetts federal court.

  • February 29, 2024

    Aetna Asks Judge To Force Arbitration In Aramark ERISA Feud

    Aetna Life Insurance Co. says Aramark Services Inc. and its affiliated employee health plans ignored arbitration requirements in their contract when they filed a lawsuit in Texas accusing Aetna of mismanaging Aramark's health insurance claims, and has asked a Connecticut federal court to force the parties to arbitration there.

  • February 29, 2024

    10th Circ. Says NLRB's Remedies 'Inconsistent' With Law

    The National Labor Relations Board surpassed its powers when ordering a concrete company to make pension contributions and profit-sharing payments to workers without factoring in past compensation, the Tenth Circuit ruled, sending the case back to the board for a second look but finding the company violated federal labor law.

  • February 29, 2024

    NJ Panel Says Ex-City Prosecutor Not Eligible For Pension

    A former municipal prosecutor was not a city employee but a professional service provider, a New Jersey appellate panel held Thursday, stripping him of seven years of pension participation and credits.

  • February 29, 2024

    Abortion Coverage Remains Steady Post Dobbs, Survey Says

    Abortion coverage has not been significantly rolled back from the nation's largest employer-sponsored health insurance plans since the U.S. Supreme Court overturned Roe v. Wade in 2022, according to a Thursday brief from the Kaiser Family Foundation.

  • February 28, 2024

    SEC Taps Agency Vet To Lead Adviser, Fund Rulemaking Unit

    The U.S. Securities and Exchange Commission announced Wednesday that an agency veteran currently serving as deputy director of the examinations division will be the new head of its investment management division, which oversees the regulation of investment advisers, mutual funds and certain private fund operators.

  • February 28, 2024

    Musk, Ex-Twitter Staff Fail To Reach Deal In Severance Dispute

    Settlement talks between X Corp., formerly known as Twitter, and a group of former employees have fallen apart, the parties told a Delaware federal judge on Wednesday, asking the judge to lift a stay in their dispute over severance compensation.

  • February 28, 2024

    Tilray Can't Get Exec's $4M Arbitration Award Tossed

    Cannabis company Tilray Brands Inc. can't evade a nearly $4 million arbitration award to a former executive it fired, a federal judge ruled, saying the company's arguments for why the Washington district court should have jurisdiction over a Minnesota arbitration are "wrong on all counts."

  • February 28, 2024

    Save Mart Retirees Add To Nonunion Health Benefits Suit

    Four retirees of a supermarket chain serving California and Nevada added two claims to their proposed Employee Retirement Income Security Act class action against their former employer, telling a California federal judge that Save Mart Supermarkets failed to properly terminate a health care plan for nonunion employees.

  • February 28, 2024

    Pilots Say Airline Shorted Servicemembers' 401(k) Funds

    A discount airline unlawfully failed to contribute to employees' retirement funds when they were on military leave despite repeatedly being told about the oversight by pilots and their union, according to a proposed class action in Minnesota federal court.

  • February 28, 2024

    8th Circ. Axes Federal Mine Agency's Win In Pay Bias Row

    A unanimous Eighth Circuit panel tossed a Federal Mine Safety and Health Review Commission ruling that a cement company discriminated against a worker by cutting bonuses she was to receive for helping federal inspectors at a mine, saying Wednesday the cut was not motivated by bias.

  • February 27, 2024

    Goldman's $4.6M Exec Compensation Deal OK'd By Chancery

    A Delaware Chancery Court judge on Tuesday approved a settlement deal in a derivative suit against Goldman Sachs Group alleging excessive compensation was paid to nonemployee directors, which includes an agreement by the company to change its compensation practices and reduce executives' pay by an estimated $4.6 million.

  • February 27, 2024

    7th Circ. Won't Disrupt Volvo's Veteran Bias Suit Win

    The Seventh Circuit refused Tuesday to reinstate a U.S. Army veteran's $7.8 million trial win in her long-running case accusing Volvo of firing her over military-related absences and post-traumatic stress disorder, ruling a lower court reasonably concluded that the verdict was tainted by passion and prejudice.

  • February 27, 2024

    Colo. Wants Immediate End To Sick Leave Law Challenge

    The state of Colorado called on a federal court to immediately dismiss an airline lobbying group's challenge to a state sick leave law, arguing that recent precedent established that the law was not preempted by the Airline Deregulation Act.

  • February 27, 2024

    American Airlines Says ESG Doesn't Break Fiduciary Duty

    American Airlines Inc. has asked a Texas federal judge to ground a proposed class action involving environmental, social and governance policies in retirement plans, saying Monday that the plaintiff has no evidence that the airline breached fiduciary duty or that he suffered a loss.

  • February 27, 2024

    Under Armour Can't Slip Consumer-Demand Securities Suit

    A Maryland federal judge denied Under Armour Inc.'s bid to shut down a massive class action alleging that the company misled investors about consumer demand Monday, finding that serious questions remain about the company's public statements.

  • February 27, 2024

    DOL Finalizing ERISA Voluntary Correction Program Changes

    A top official with the U.S. Department of Labor's employee benefits arm said Tuesday that the agency expects to soon finalize changes to a program allowing retirement plan managers to voluntarily self-correct when they fail to forward employee contributions on time or make other transaction errors.

  • February 27, 2024

    Food Co. Gets Inflated ESOP Deal Suit Kicked To Arbitration

    An Illinois federal judge said a worker must arbitrate her suit claiming a food manufacturer sold inflated company shares to its employee stock ownership plan, finding the plan's arbitration agreement allows the business to sidestep an exception blocking some federal benefit law claims from out-of-court resolutions.

  • February 27, 2024

    GOP Lawmakers Press PBGC On $127M Pension Overpay

    The federal agency that bails out failing pension plans gave inadequate answers to two Republican lawmakers' questions about the agency's accidental $127 million overpayment to a Teamsters plan during the coronavirus pandemic, the lawmakers said in a letter to the agency, demanding it send new responses and documents. 

  • February 26, 2024

    Apache's $3B Write-Down Merits Bigger Class, Investors Say

    A group of Apache Corp. investors on the cusp of winning class certification are arguing that their promised class should be extended to encompass even more investors who were allegedly deceived by company promises of a potentially lucrative drilling project that ultimately led to a $3 billion write-down when it went bust. 

  • February 26, 2024

    Chinese Retailer Miniso, Underwriters Beat IPO Suit For Now

    Goldman Sachs, BofA Securities Inc. and a Chinese retailer have secured the dismissal of a class action suit in New York federal court, with a federal judge ruling that the suing investors have failed to identify any actionable misrepresentations or omissions made by the company in connection with its 2020 initial public offering, among other things.

  • February 26, 2024

    UAW, Fiat Chrysler Escape Engineers' Bribery Scheme Suit

    The United Auto Workers, Fiat Chrysler and others are off the hook for state fraud and civil conspiracy claims brought by auto engineers in connection to a bribery scheme between union officials and the automaker, a Michigan federal judge ruled Monday, citing a recent Sixth Circuit decision finding related allegations untimely.

  • February 26, 2024

    Wood Group Prevails In ERISA Fight Over Target-Date Funds

    A California federal judge ruled in favor of an engineering firm and its retirement plan investment manager in a class action from employee 401(k) participants alleging mismanagement, concluding after a nine-day bench trial that a suite of in-house target-date funds offered to retirees were properly selected and monitored.

  • February 26, 2024

    6th Circ. Sanctions Prison Co. For Not Disclosing Asset Info

    A Sixth Circuit panel has held a Federal Bureau of Prisons contractor in contempt for its "woefully inadequate" efforts to turn over financial records to the National Labor Relations Board as ordered, in a dispute over two fired union supporters' back pay.

  • February 26, 2024

    Glass Co. Strikes $5M Deal To End 401(k) Management Suit

    A glass container manufacturer will pay $5 million to resolve a proposed class action alleging it loaded its employee retirement plan with costly and underperforming investment options managed by a formerly affiliated company, according to a filing in Ohio federal court.

Expert Analysis

  • Structured Settlements In Workers' Comp Cases: A Win-Win

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    With interest rates rising, workers' compensation benefits decrease in price, so structured settlements in personal injury litigation may benefit both injured workers and the employer or carrier, and ultimately help settle complicated cases by bridging the gap between the demand and offer in negotiations, says Julio Martinez at Gilson Daub.

  • How Cos. Should Navigate State AGs' Partisan ESG Approach

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    As the politicization of the environmental, social and governance debate reaches new heights, general counsel should discuss issues affecting their company or industry with attorneys general on both sides of the aisle to minimize corporate risk, say Meghan Stoppel and Emily Yu at Cozen O'Connor.

  • Joint Representation Ethics Lessons From Ga. Electors Case

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    The Fulton County district attorney's recent motion to disqualify an attorney from representing her elector clients, claiming a nonconsentable conflict of interest, raises key questions about representing multiple clients related to the same conduct and highlights potential pitfalls, say Hilary Gerzhoy and Grace Wynn at HWG.

  • Benefit Plan Sponsors Must Plan For COVID Emergency's End

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    With the help of recent agency guidance, health plan sponsors must carefully navigate this transitory period between the abrupt end of the COVID-19 national emergency declaration and the upcoming end of the public health emergency, say Finn Pressly and Edward Leeds at Ballard Spahr.

  • Lawyer Discernment Is Critical In The World Of AI

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    In light of growing practical concerns about risks and challenges posed by artificial intelligence, lawyers' experience with the skill of discernment will position them to help address new ethical and moral dilemmas and ensure that AI is developed and deployed in a way that benefits society as a whole, says Jennifer Gibbs at Zelle.

  • What 2 Texas Lawsuits Mean For Health Care Access

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    In the last month, Texas federal courts have seen movement in two lawsuits that could, in the long run, potentially upend a widely accepted health care benefit and pose problems for important health care funding mechanisms around the nation, says Susan Harris at Norton Rose.

  • Don't Forget Alumni Engagement When Merging Law Firms

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    Neglecting law firm alumni programs after a merger can sever the deep connections attorneys have with their former firms, but by combining good data management and creating new opportunities to reconnect, firms can make every member in their expanded network of colleagues feel valued, say Clare Roath and Erin Warner at Troutman Pepper.

  • Considerations For 2024 Proxy Season After Exec Pay Rules

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    Companies for the first time this proxy season faced uncertainty in the wake of the U.S. Securities and Exchange Commission's new pay-versus-performance rules and compliance-and-disclosure interpretations, but a proactive review of these rules will ensure companies can comprehensively satisfy their disclosure obligations, say attorneys at King & Spalding.

  • Without Stronger Due Diligence, Attys Risk AML Regulation

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    Amid increasing pressure to mitigate money laundering and terrorism financing risks in gatekeeper professions, the legal industry will need to clarify and strengthen existing client due diligence measures — or risk the federal regulation attorneys have long sought to avoid, says Jeremy Glicksman at the Nassau County District Attorney’s Office.

  • Abortion Pill Rulings Will Hinder FDA Authority

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    Although the Fifth Circuit recently stayed a Texas federal court's ruling that invalidated the U.S. Food and Drug Administration's approval of a commonly used abortion medication, several points made by the courts are worth considering for their potentially chilling effect on FDA authority and the challenges they may create for the life sciences industry, say attorneys at Morgan Lewis.

  • Every Lawyer Can Act To Prevent Peer Suicide

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    Members of the legal industry can help prevent suicide among their colleagues, and better protect their own mental health, by learning the predictors and symptoms of depression among attorneys and knowing when and how to get practical aid to peers in crisis, says Joan Bibelhausen at Minnesota Lawyers Concerned for Lawyers.

  • Building On Successful Judicial Assignment Reform In Texas

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    Prompt action by the Judicial Conference could curtail judge shopping and improve the efficiency and procedural fairness of the federal courts by implementing random districtwide assignment of cases, which has recently proven successful in Texas patent litigation, says Dabney Carr at Troutman Pepper.

  • Investor Proposals Show Abortion A Rising ESG Concern

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    The 2023 proxy season's wave of shareholder proposals about abortion-related issues signals that the post-Dobbs world expects companies to seriously consider and articulate comprehensive strategies for addressing how abortion and other environmental, social and governance issues affect investors and employees, say Carrie Byrnes and Megan Juel at Michael Best.

  • DOJ's Compensation Reforms Pit Cos. Against Their Execs

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    The U.S. Department of Justice’s new policy, incentivizing compliance-focused corporate compensation programs and prompt disclosures of misconduct, will complicate the relationship between companies and their executives, and create potential ethical conflicts for counsel, say Solomon Shinerock and Annika Conrad at Lewis Baach.

  • Do Videoconferences Establish Jurisdiction With Defendants?

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    What it means to have minimum contacts in a foreign jurisdiction is changing as people become more accustomed to meeting via video, and defendants’ participation in videoconferencing may be used as a sword or a shield in courts’ personal jurisdiction analysis, says Patrick Hickey at Moye White.

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