Feature
30 Years On, PSLRA Debates Still Rage In Securities Cases
By Jessica Corso
Thirty years ago this month, Congress overrode a presidential veto to enact a law that changed the landscape of shareholder class action lawsuits. How the Private Securities Litigation Reform Act will continue to change that landscape remains a live issue as courts continue to wrestle with the question of how investors can prove that they've been injured by alleged corporate malfeasance.
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Analysis
4 Big ERISA Litigation Developments From 2025's 2nd Half
By Kellie Mejdrich
The Eleventh Circuit signaled it may be willing to change its precedent to make it easier for federal benefits lawsuits to get to the courthouse door, while the Second Circuit shut down a challenge to a union pension plan's private equity investment emphasis. Here's a look back at these and two other significant Employee Retirement Income Security Act litigation developments from the latter half of 2025 that benefits attorneys should have on their radar.
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EMPLOYMENT & BENEFITS
Merchant Orgs. Fight Latest Visa, Mastercard Swipe-Fee Deal
By Katryna Perera
The National Association of College Stores, Energy Markets of America and other industry groups objected Friday to a proposed new settlement between Visa, Mastercard and a class of potentially millions of merchants to resolve two decades of antitrust litigation, claiming the deal "does not come close to fixing the swipe fee challenges" faced by merchants.
2 documents attached |
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SECURITIES
Ex-Fiserv CEO Accused Of Insider Trading In New Suit
By Emilie Ruscoe
The top brass of payments company Fiserv Inc., including ex-CEO and Social Security Administration head Frank Bisignano, face shareholder derivative claims that they misled investors about a flagship product's declining sales and used the resulting inflated share prices to justify $7.9 billion in stock buybacks as Bisignano and another officer made proceeds of over $600 million selling off their Fiserv shares.
Complaint attached |
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PRODUCT LIABILITY
CYBERSECURITY & PRIVACY
IP & TECHNOLOGY
INSURANCE
IMMIGRATION
7th Circ. Halts Release For Hundreds Of Ill. ICE Detainees
By Celeste Bott
The Seventh Circuit on Thursday halted a Chicago federal judge's order requiring the release of hundreds of immigrants arrested by U.S. Immigration and Customs Enforcement, saying the Trump administration was likely to succeed in arguing he should have conducted individual determinations about whether their arrest violated a consent decree it had previously entered in the case.
Opinion attached |
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EXPERT ANALYSIS
Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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LEGAL INDUSTRY
Watchdog Sues White House For Records On Law Firm Deals
By Emily Sawicki
A Washington-based nonprofit watchdog has sued the Trump administration, seeking records related to deals BigLaw firms struck to provide an estimated nearly $1 billion worth of pro bono legal services to further the administration's priorities, following the president's executive orders to withhold security clearances and investigate the firms.
Complaint attached |
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Roundup
UK Litigation Roundup: Here's What You Missed In London
By Laura Stewart Liberty
This past week in London has seen Shell hit with a climate change claim from 100 survivors of a typhoon in the Philippines, London Stock Exchange-listed Oxford Nanopore bring legal action against its co-founder, and the editors of Pink News sue the BBC for defamation following its investigation into alleged sexual misconduct at the news site.
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Law360's Legal Lions Of The Week
By Kevin Penton
Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit handed Epic Games Inc. a partial win by mostly affirming an injunction blocking Apple Inc. from charging developers "prohibitive" commissions on iPhone app purchases made outside its systems.
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