蓝莓视频

Novo Nordisk Gets Forfeiture Claims Cut From 401(k) Suit

By Grace Elletson

A New Jersey federal judge on Tuesday dismissed workers' allegations that Novo Nordisk unlawfully used forfeited funds in its $2.3 billion 401(k) plan for its own benefit and kept a shoddy fund on its investment roster, leaving an excessive fee claim in play.

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Fanatics, NFT Co. Get Parental Leave Suit Narrowed

By Grace Elletson

Fanatics LLC and a digital collectibles company knocked out part of a suit from a former executive who said he was fired for seeking parental leave, with a New York federal judge nixing his retaliation claim but letting allegations that the companies interfered with his leave rights move ahead.

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Brief

​​​​​​​CSX To Shell Out $440K In DOL Retirement Plan Fee Suit

By Benjamin Morse

CSX Transportation Inc. and the U.S. Department of Labor asked a Florida federal judge Tuesday to sign off on a $440,000 settlement ending the agency's lawsuit alleging the company unlawfully deducted fees from a trust devoted to funding its employee retirement plans.

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Analysis

Trump's 'Abnormal' Use Of FCA Could Get Tricky In Court

By Phillip Bantz

The Trump administration is wielding the False Claims Act in unusually narrow ways to drive policies on social and cultural issues — including gender-affirming care and diversity, equity and inclusion programs — but the government's potential theories of liability under the federal law remain largely untested and might not hold up in court, experts say.

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PE Firm Hit With Contempt, Receiver In Del. Over Legal Bills

By Lauren Berg

A magistrate in the Delaware Chancery Court has entered an order for contempt and sanctions, as well as a receivership, against private equity firm 777 Partners in its former chief financial officer's suit seeking advancement of legal fees in connection with a fraud investigation and multiple lawsuits related to the company's business.

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Inovalon Investor Suit Over $7.3B Nordic Deal Gets Class Cert.

By Gina Kim

A Delaware chancellor has certified a class of Inovalon Holdings common stockholders who challenged the $7.3 billion go-private sale of the company to Nordic Capital and claimed Inovalon failed to disclose that the investors who bought it paid $400 million in fees to its financial adviser before the transaction. 

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Bad Citations Aren't Always Sanctionable, Wash. Atty Argues

By Emily Sawicki

An attorney in Washington state vowed on Tuesday to appeal harsh sanctions an Arizona federal judge meted out Thursday over fake and misleading citations she included in an opening brief, releasing a statement arguing that the court's order "treats the mere existence of AI-hallucinated citations as an automatic violation" but "that is not what Rule 11 requires."

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Judge Backs Deal To Overhaul NY Kids' Mental Healthcare

By Mark Payne

A New York federal judge has given the green light to allow the state to revamp its Medicaid mental health services for children to expand greater in-home and crisis care to prevent the institutionalization of kids. 

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Sotera Urges 6th Circ. To Toss Investors' Toxic Gas Suit

By Katryna Perera

Sotera Health Co. urged the Sixth Circuit to affirm the dismissal of a lawsuit accusing it of concealing the carcinogenic nature of a gas used at its sterilization plants, saying "defending yourself in litigation is not securities fraud."

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What To Expect From 401(k) Plan Alternative Assets Order

The executive order this month making it easier for retirement plans to invest in alternative assets, including private equity, real estate and digital assets, marks a watershed moment for democratizing access to private markets, but the U.S. Department of Labor's anticipated formal rulemaking will also be impactful, say attorneys at Simpson Thacher.

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State AGs Are Turning Up The Antitrust Heat On ESG Actions

Recent antitrust developments from red state attorneys general continue a trend of environmental, social and governance scrutiny, and businesses exposed to these areas should conduct close examinations of strategy and potential material risk, say attorneys at Morgan Lewis.

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What 2 Profs Noticed As Transactional Law Students Used AI

After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

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Morris Manning Faces $5M Ga. RICO Suit Over Tax Strategy

By Emily Sawicki

Morris Manning & Martin LLP is facing allegations of racketeering and tax fraud in a suit brought in Georgia state court by three investors that names a number of professional services firms.

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LegalZoom Launches Patent Filing Service

By Matt Perez

Online legal services provider LegalZoom announced Tuesday the launch of a streamlined alternative to traditional patent filing through its Arizona-based law firm LZ Legal Services.

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Trump Says Fed's Cook 'Must Resign' Amid Loan Fraud Claim

By Jon Hill

President Donald Trump's Federal Housing Finance Agency chief on Wednesday accused Federal Reserve Gov. Lisa Cook of potential mortgage fraud and said he has referred the matter to federal prosecutors, prompting Trump to call for Cook's immediate resignation — a call she has rejected.

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Ga. Court Drops Greenberg Traurig Suit After Atty's Death

By Chart Riggall

The Georgia Court of Appeals said Wednesday that it will toss an appeal in a legal malpractice suit filed by a record executive against Greenberg Traurig LLP and its former music law guru Joel Katz after the parties were unable to identify a successor for Katz following his death earlier this year.

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Error-Filled Pro Se Recusal Bid Draws Conn. Judge's Ire

By Emily Sawicki

A Connecticut federal judge will not docket a pro se recusal request in a U.S. Securities and Exchange Commission fraud action accusing a man of skimming nearly $1 million in investments designated for hotel repair work, saying in a minute order that the defendant otherwise has counsel and submitted a meritless, error-riddled bid.

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Abrego Garcia Seeks To Toss Feds' 'Vindictive' Charges

By Britain Eakin

Kilmar Abrego Garcia, whom the government erroneously deported to El Salvador in March, has asked a Tennessee federal judge to dismiss federal human smuggling charges he contends constitute retaliation for challenging his removal.

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NC's Cap On Med Mal Damages Is Constitutional, Panel Rules

By Hayley Fowler

The North Carolina state appeals court ruled Wednesday that a state law capping compensatory damages in certain medical malpractice lawsuits at $500,000 is constitutional, handing a defeat to a woman seeking to recoup her full $7.5 million jury verdict stemming from the loss of her unborn baby.

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In Illinois, Public Defender Welcomes Sea Change In Structure

By Steven Trader

Illinois is set to receive the first overhaul of its public defense system in 75 years, and Champaign County Chief Public Defender Elisabeth Pollock is "very much looking forward" to it, she told 蓝莓视频.

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