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Natixis Beats Suit Claiming Self-Serving Funds Hurt Its 401(k)

By Grace Elletson

Natixis defeated a 1,200-member class action Thursday claiming the French investment firm burdened its retirement plan with funds that performed poorly and benefited the company over employees, after a Massachusetts federal judge ruled the case lacked evidence of actionable lapses.

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No Work Needed For Military Leave Pay, Wash. Justices Say

By Emmy Freedman

Washington state public employees are entitled to paid military leave even if they are not scheduled to work because they are on active duty during an extended military leave of absence, the state's Supreme Court ruled Thursday, saying the state's paid military leave statute is unambiguous.

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Justices Say SC Medicaid Patient Can't Sue To Pick Provider

By Dan McKay and Mark Payne

The U.S. Supreme Court on Thursday ruled that a patient can't challenge South Carolina's decision to kick Planned Parenthood from the state Medicaid program because it includes abortions among its services.

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EQT Investors Ink $167.5M Deal In Rice Energy Merger Suit

By Matthew Santoni

EQT Corp. has agreed to pay $167.5 million to investors who claimed the company overstated the benefits of its $6.7 billion merger with Rice Energy, according to a motion filed Thursday seeking preliminary approval of what the investors called the largest-ever stockholder suit deal lodged in Western Pennsylvania federal court. 

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Key DOL Nominees Clear US Senate Committee

By Max Kutner

U.S. Department of Labor nominees cleared a U.S. Senate committee Thursday and are set to head to a vote in the full chamber, moving the agency closer to having a complete leadership team that is likely to proceed with policy changes.

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SEC Members Hint At Curtailing CEO Pay Disclosure Rules

By Jessica Corso

The U.S. Securities and Exchange Commission's Republican majority Thursday expressed support for paring back disclosures requiring publicly traded companies to compare CEO pay to that of the median worker as well as reporting requirements that detail how executive pay stands up to financial performance.

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Former Hoops Star Telfair Gets 6 Mos. For Violating Release

By Pete Brush

A Manhattan federal judge sentenced former high school basketball star and ex-NBA player Sebastian Telfair to six months in prison Thursday for violating the terms of his supervised release, after sparing him prison last year for defrauding the league's health plan.

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Judge Tosses Biogen MS Drug Antitrust Suit, For Now

By Matthew Perlman

An Illinois federal court tossed a proposed class action accusing Biogen of reducing competition for its multiple sclerosis drug Tecfidera through payments to pharmacy benefit managers, after finding that only some drug pricing lists would have been affected.

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Bayer Investors' $38M Settlement Over Monsanto Deal OK'd

By Bonnie Eslinger

A California federal judge on Thursday preliminarily approved Bayer AG's $38 million settlement with investors who accused the German multinational of downplaying litigation risks related to the weedkiller Roundup when it acquired Monsanto in 2018, saying the deal appeared to be "fair, reasonable and adequate."

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Fire Chief Says City Got 'Cold Feet' On Race Bias Deal

By Emmy Freedman

A $180,000 settlement resolving a race bias suit should be enforced, a fire chief told a North Carolina federal court, saying he canceled his jury trial against the city of Charlotte because the parties reached a deal, despite the city's argument that no final written agreement exists.

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A Pattern Emerges In Justices' Evaluation Of Veteran Statute

The recent Soto v. U.S. decision that the statute of limitations for certain military-related claims does not apply to combat-related special compensation exemplifies the U.S. Supreme Court's view, emerging in two other recent opinions, that it is a reviewing court's obligation to determine the best interpretation of the language used by Congress, says attorney Kenneth Carpenter.

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Opinion

Senate's 41% Litigation Finance Tax Would Hurt Legal System

The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

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Series

Performing As A Clown Makes Me A Better Lawyer

To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

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McDermott, Schulte Roth Vote To Approve $2.8B Merger

By Kevin Penton

Partners at Schulte Roth & Zabel and McDermott Will & Emery have voted in favor of merging to create the combined firm of McDermott Will & Schulte, the firms announced Thursday.

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Audio

10 Years Later: Obergefell Attorneys, In Their Own Words

By Steven Trader

Marking the decade anniversary of the Obergefell opinion, Law360 asked the attorneys who argued the case at the Supreme Court what it was like being at the center of such a monumental case, how a ruling favoring same-sex marriage changed the legal landscape over the past decade, and the remaining legal appetite to overturn it.

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Kirkland Stops Repping Novartis After Regeneron Sought DQ

By Bryan Koenig

A New York federal judge accepted the withdrawal Thursday of the entire Kirkland & Ellis LLP team that recently joined Novartis Pharma's legal team battling antitrust allegations over the eye medication Eylea, just a week after plaintiff Regeneron Pharmaceuticals sought their disqualification over an "unthinkable" conflict of interest by the lawyers, whose firm previously represented Regeneron.

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Justices Allow Texas Death Row Inmate's DNA Suit

By Marco Poggio

The U.S. Supreme Court on Thursday said a Texas death row inmate can sue state officials in federal court to try to obtain post-conviction DNA testing, a decision that could open the door to broader challenges to how Texas provides access to forensic evidence after conviction.

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Trump 2.0's First Group Of Judicial Noms Goes To Full Senate

By Courtney Bubl茅

The first batch of judicial nominations from President Donald Trump's second term were sent to the Senate floor on Thursday, as they were voted out of committee along party lines.

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Justices Say DHS Orders Final In Withholding-Removal Cases

By Britain Eakin

The U.S. Supreme Court held Thursday that the 30-day statutory deadline for challenging deportation orders in withholding of removal cases starts when the U.S. Department of Homeland Security issues a final administrative review order, not when Board of Immigration Appeals proceedings conclude.

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Ex-Trump Atty Chesebro Disbarred In NY For Fake Elector Plot

By Gina Kim

President Donald Trump's former attorney Kenneth Chesebro, the so-called "architect" in the plot to use fake electors to overturn Georgia's 2020 election results, has been disbarred from practicing law in the state of New York, according to a unanimous decision issued on Thursday. 

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Fla. Lawyers Suspended For Online Criticism Of Judge

By David Minsky

Florida's high court on Thursday approved a one-month suspension for a father-daughter team of attorneys for their online comments criticizing a judge who reversed a $2.75 million jury verdict in favor of a doctor who sued for discrimination, finding that there were also mitigating factors in the attorneys' cases.

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Judge Known For Financial Education Advocacy To Retire

By Madison Arnold

U.S. Bankruptcy Judge Laurel M. Isicoff, who has spent her career promoting financial literacy as a way to avoid financial insolvency, will retire next May after 20 years on the bench in the Southern District of Florida, the Eleventh Circuit confirmed Thursday.

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Brief

New FCC Republican Names Key Legal Staff

By Christopher Cole

Commissioner Olivia Trusty, who was sworn in this week as the newest member of the Federal Communications Commission, announced the hiring of several top aides Thursday.

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