Standing Issue Again Dooms Fiduciary Breach Claims In ERISA Drug Costs Lawsuit

( December 1, 2025, 1:38 PM EST) -- CAMDEN, N.J. — Applying the reasoning of a Minnesota federal judge who was confronted with a similar putative class case and concluding that the plaintiffs lack standing, a New Jersey federal judge issued an unpublished opinion on Nov. 26 in which he again granted partial dismissal with leave to amend in an Employee Retirement Income Security Act fiduciary duty suit focused on a health plan’s pharmacy benefits manager (PBM) and prescription drug benefits....