Target Corp. and Visa have settled a yearslong antitrust dispute accusing the card company of being part of an illegal anticompetitive scheme that forced merchants to pay excessive fees when customers pay with credit or debit cards, according to a stipulation filed Thursday in New York federal court.
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TOP NEWS

Target Settles Antitrust Claims Against Visa Over Swipe Fees

By Gina Kim

Target Corp. and Visa have settled a yearslong antitrust dispute accusing the card company of being part of an illegal anticompetitive scheme that forced merchants to pay excessive fees when customers pay with credit or debit cards, according to a stipulation filed Thursday in New York federal court.

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Analysis

Standing Emerges As Key Front In ERISA Health Fee Battles

By Kellie Mejdrich

The recent dismissal of a suit brought by former Wells Fargo workers who claimed high prescription drug costs violated federal benefits law shows the ability to establish standing emerging as a key stumbling block for Employee Retirement Income Security Act suits alleging excessive health fees, experts say.

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3rd Circ. Says Pension Law OKs Suits To Enforce Settlements

By Emily Brill

A Teamsters pension fund can go after a bankrupt dairy business's affiliates for the $39 million that the business owes the fund under the terms of a settlement, the Third Circuit ruled Thursday, saying the fund has a viable cause of action under the Multiemployer Pension Plan Amendments Act.

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9th Circ. Revives Monsanto Roundup Expiration Label Fight

By Lauren Berg

Consumers can pursue their proposed class claims against Monsanto that ingredients in its Roundup herbicides could form a dangerous cancer-causing substance, but not against a distributor, the Ninth Circuit ruled Thursday.

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SECURITIES

Upstart Investors Land Class Cert. In Insider Selling Suit

By Sydney Price

Shareholders who allege that tech-based lender Upstart and its executives participated in a $2.7 billion insider stock selling scheme can now proceed with their claims as a class, an Ohio federal judge determined on Thursday.

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EV Co. Pumped Stocks Ahead Of 'Reverse' Splits, Suit Claims

By Emilie Ruscoe

Electric vehicle maker Mullen Automotive Inc. faces a proposed investor class action alleging that the company and a trio of its executives manipulated trading prices for the company's shares in advance of reverse stock splits that consolidated the number of shares of the company five times over roughly two years.

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Alibaba Investors' Attys Awarded $108M In IPO Settlement

By Hailey Konnath

A New York federal judge on Thursday granted final approval to Alibaba Group's $433.5 million settlement with investors suing the company over alleged misstatements about its exclusivity practices and its planned initial public offering of a fintech affiliate, awarding the investors' attorneys 25%, or roughly $108 million.

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Chinese Fintech Investors Urge NJ Court To Keep Suit Alive

By Sydney Price

Investors in Chinese fintech company 9F Inc. urged a New Jersey federal judge to keep their securities class action alive on Thursday, arguing that their third amended complaint now includes the specific details the court previously said would make their securities fraud claims viable.

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New Del. Claims Filed In Jenzabar Stock Warrant Battle

By Jeff Montgomery

Investors in a fund focused on higher education software company Jenzabar Inc., a company mired in years-old Delaware Court of Chancery battles over stock warrants dating to 2004, have filed an expanded, nine-count suit accusing the company and key officials of looting the fund and wrongly terminating their interests.

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EMPLOYMENT & BENEFITS

UPS, Workers To Take Military Leave Suit To Mediation

By Emmy Freedman

United Parcel Service and a class of employees alerted a Washington federal court that they intend to mediate the workers' lawsuit accusing the company of failing to pay drivers on short-term military leave while paying those who take time off for jury duty and other short-term absences.

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Payroll Co. Hid IRS Interest Money From Clients, Court Told

By Anna Scott Farrell

A payroll provider for a maintenance company never passed along interest payments from the Internal Revenue Service related to its clients' pandemic-era relief claims, the company alleged in a proposed class action filed in Washington federal court.

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EMS Co. Accused Of Failing To Pay Proper Overtime

By Kelcey Caulder

A private ambulance company has been hit with a proposed class action in Georgia federal court over allegations that it failed to pay workers overtime wages as required by the Fair Labor Standards Act.

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School Bus Contractor Stiffed Workers On OT, Suit Says

By Carla Baranauckas

A provider of school bus services did not pay its drivers their full overtime wages, failed to include nondiscretionary bonuses in their regular rates of pay and did not pay for the time they spent traveling to and from required meetings, a proposed collective action complaint filed in Ohio federal court has alleged.

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PRODUCT LIABILITY

Nuture Can't Escape Parents' Heavy Metal Baby Food Case

By Lauren Berg

Nurture Inc. cannot escape consolidated class claims brought by parents who allege the baby food manufacturer hid the presence of toxic heavy metals in its Happy Family Organics products, a Manhattan federal judge ruled Wednesday.

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Brief

Costco Settles Listeria-Contaminated Chicken Wrap Claims

By Ryan Harroff

Costco Wholesale Corp. has settled a putative class action brought by a Florida man who claimed he ate a chicken wrap contaminated with listeria from one of its stores and had to be hospitalized.

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CYBERSECURITY & PRIVACY

UMich Athletes Launch Second Suit Over Ex-Coach's Hacking

By Danielle Ferguson

Two former University of Michigan student-athletes have launched a class action against former offensive coordinator Matthew Weiss and the university over the ex-coach's alleged illegal access to and downloading of thousands of student-athletes' private information, the second lawsuit in recent weeks.

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CONSUMER PROTECTION

Video Privacy Law Doesn't Hit Movie Theaters, 9th Circ. Says

By Allison Grande

The federal Video Privacy Protection Act doesn't cover companies that offer "a classic in-theater moviegoing experience," the Ninth Circuit ruled Thursday in affirming the dismissal of a putative class action accusing Landmark Theatres of violating the law by sharing ticket buyers' information with Facebook.

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Pa. Court Voids Theme Park's 'Click-Through' Contract

By Matthew Santoni

A Pittsburgh-area amusement park's online season tickets came with a "click-through" agreement to resolve disputes out of court that Pennsylvania appellate courts have said is not binding without including a clear warning, which a judge said justified not sending a proposed class action to arbitration.

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Shade Store Customers Seek Class Cert. In Deceptive Ad Suit

By Greg Lamm

A pair of Washington residents are seeking to certify a class of thousands of consumers in a case alleging The Shade Store violated Washington's consumer protection law with fake buy-now ads.

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INSURANCE

Feds Allowed To Weigh In On MultiPlan Pricing MDL

By Celeste Bott

The federal government will be allowed to appear in multidistrict antitrust litigation targeting MultiPlan's out-of-network reimbursement rates to offer input on the legal framework for analyzing claims involving the joint use of algorithms, a practice it says poses "a growing threat" to free market competition.

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Coverage Row Over OpenText Merger Now Moot, Judge Says

By Ganesh Setty

A Michigan federal court tossed on Thursday an insurer's lawsuit seeking a declaration that it had no duty to indemnify a shareholder class action stemming from Covisint's 2017 merger with software company OpenText, finding the dispute is now moot because the insurer's coverage limit has already been exhausted.

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Ga. Firm Sues Allstate Over Wrecked Car Fee Coverage

By Kelcey Caulder

A Georgia law firm hit Allstate Insurance Co. with a proposed class action over allegations that it fails to pay title transfer fees and license registration fees to insureds who incur total loss claims.

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BANKING

Umpqua Bank Strikes Deal With Investors In $300M Ponzi Suit

By Gina Kim

Umpqua Bank and a class of investors on Thursday informed a California federal judge they've reached a settlement to resolve claims the bank helped execute an alleged $300 million Ponzi scheme led by a since-deceased real estate investment manager.

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EXPERT ANALYSIS

2 Recent Federal Decisions Affecting State CIPA Cases

Two recent cases may help stem the tide of the ever-increasing number of California Invasion of Privacy Act complaints filed in federal court, but won't prevent plaintiffs from filing in state courts, so companies need to shift their focus from Article III standing to statutory standing, says Matthew Pearson at Womble Bond.

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Series

Baseball Fantasy Camp Makes Me A Better Lawyer

With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

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LEGAL INDUSTRY

Judges Block Trump's Jenner & Block, WilmerHale Orders

By Lauren Berg, Ali Sullivan and Alison Knezevich

Jenner & Block LLP and WilmerHale both won temporary restraining orders late Friday blocking President Donald Trump's executive orders targeting the firms, with two Washington, D.C., federal judges determining the firms have shown the orders are likely retaliation for their representation of certain clients.

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Skadden Offers $100M In Pro Bono Work To Avoid Trump Order

By Aebra Coe

Skadden Arps Slate Meagher & Flom LLP has reached a deal with President Donald Trump to avert an impending executive order that could have prevented it from taking on work connected to the federal government and its contractors, according to an announcement by the president Friday on social media platform Truth Social.

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Up Next At High Court: Terror Liability, Health Provider Choice

By Katie Buehler

The U.S. Supreme Court will return to the bench this week to consider whether a federal law subjecting Palestinian government organizations to federal jurisdiction violates due process principles and if the Medicaid Act's provider choice provision allows individual benefit recipients to sue states over the disqualification of healthcare providers. 

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Trump Grants Clemency To Ozy Media CEO Carlos Watson

By Hailey Konnath

President Donald Trump has granted clemency to former Ozy Media CEO Carlos Watson, who was facing nearly a decade in prison for lying to banks and investors to secure funding for his now-shuttered multimedia company, the White House confirmed Friday.

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Trump Pardons BitMEX Crypto Co., Four Ex-Executives

By Aislinn Keely

President Donald Trump has pardoned the business entity behind cryptocurrency exchange BitMEX and four of the firm's former executives years after they copped to Bank Secrecy Act violations and lax anti-money laundering controls, the White House confirmed Friday.

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Tubi Says Keller Postman Breached Deal In Arbitration Fight

By Emily Sawicki

The D.C. federal judge overseeing video streaming service Tubi Inc.'s tortious interference suit against Keller Postman LLC over mass arbitration claims ordered the parties on Friday to schedule a status conference for next month, in light of Tubi's claims that the firm violated an agreement.

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Ex-Paralegal Sues Ga. Personal Injury Firm Over 658 OT Hours

By Irene Spezzamonte

An Atlanta-based personal injury law firm didn't pay a former paralegal for 658 hours of overtime, and it erroneously considered her a salaried-exempt employee, according to a lawsuit filed in Georgia federal court.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen sparkling winemaker Nyetimber hit a rival distillery with an intellectual property claim, Newcastle United's former owner Mike Ashley target the club's ex-vice president for damages tied to a fraudulent investment, and a real estate agency file a legal claim against law firm Winston & Strawn LLP. Here, Law360 looks at these and other new claims in the U.K.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

As a growing number of companies and their general counsel consider moving their incorporation out of Delaware, the state's governor has quickly signed into law a measure revising its corporation statutes, though there are still critics. And 98% of legal leaders in a recent survey said their budgets are increasing in 2025 to handle the extra work stemming from new diversity risks, tech changes and cybersecurity threats.

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Law360's Legal Lions Of The Week

By Kevin Penton

UCLA School of Law's Supreme Court Clinic and Gair Gallo Eberhard LLP head this week's list of Law360 Legal Lions, after the U.S. Supreme Court overturned a Seventh Circuit ruling that upheld the conviction of a former Chicago alderman for making false statements about loans from a defunct bank.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Aidala Bertuna

Akin Gump

Arnall Golden

Arnold & Itkin

Arnold & Porter

Arthur Cox

Ashfords LLP

Ashurst LLP

Bailey Javins

Baker & Hostetler

Barclay Damon

Bayard PA

Berger Montague

Birketts LLP

Bronstein Gewirtz

Bruckner Burch

CMS Cameron McKenna Nabarro Olswang

Carella Byrne

Carson & Noel

Clark Smith Villazor

Clement & Murphy

Clyde & Co

Collins Einhorn

Cooley LLP

Cooney Trybus

Covington & Burling

Crowell & Moring

DLA Piper

DWF LLP

Davis Polk

Del Sole Cavanaugh

Devlin Law Firm PC

Dickinson Wright

Dinsmore & Shohl

Dovel & Luner

Druces LLP

Dykema

Edelson PC

Engstrom Lee

Eversheds Sutherland

Fain Major

Fisher & Phillips

Foley Hoag

Fradin Law

Gateley PLC

George Feldman

Giarmarco Mullins

Gibbs & Bruns

Gibbs Mura

Gibson Dunn

Gilbert & Tobin

Glancy Prongay

Gordons LLP

Greenberg Traurig

Gupta Wessler

Gustafson Gluek

Gutride Safier

Hecker Fink

Hogan Lovells

Holland & Knight

Holwell Shuster

Honigman LLP

Irell & Manella

Jeffers Danielson

Jenner & Block

Jones Day

Josephson Dunlap

Keller Postman

Keller Rohrback

Keystone Law

Kirkland & Ellis

Kline & Specter

Lankler Siffert & Wohl

Latham & Watkins

Lipson Neilson

Lober & Dobson

Macfarlanes LLP

Mayer Brown

McDermott Will & Emery

Miller & Chevalier

Mitchell Silberberg

Morgan & Morgan

Morgan Lewis

Morris James

Morvillo Abramowitz

Motley Rice

Nabarro LLP

Napoli Shkolnik

Neal Gerber

Outten & Golden

Pallas Partners

Paul Weiss

Perkins Coie

Peter Romer-Friedman Law

Phelps Dunbar

Pomerantz LLP

Quinn Emanuel

Reed Smith

Richards Layton

Riverside NW Law Group

Robbins Geller

Robinson & Cole

Rogers Patrick

Ropes & Gray

Seeger Weiss

Shlansky Law Group

Shook Hardy

Shoosmiths LLP

Sidley Austin

Signature Litigation LLP

Silver Law Group

Simmons & Simmons

Simon Law Co

Simpson Thacher & Bartlett LLP

Skadden Arps

Sperduto Thompson

Squire Patton

Steel City Lawyer

Stephenson Harwood

Stoel Rives

Stoll Berne

Sullivan & Cromwell

Sullivan Hazeltine

Sullivan Law Firm PLLC

Susman Godfrey

Sweet James LLP

TLT LLP

Vinson & Elkins

Vorys

Wachtell Lipton

Warren Terzian

Weightmans LLP

Wexler Boley

Wiggins Childs

Wiley Rein

Williams & Connolly

WilmerHale

Wilson Sonsini

Winston & Strawn

Womble Bond

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

7-Eleven Inc.

A.P. Moller-Maersk

Alibaba Group Holding Ltd.

Alliance Defending Freedom

Amicus

Apple Inc.

Association of Corporate Counsel

Axis Bank Ltd.

BDO LLP

Baltimore Ravens Inc.

Bank of America Corp.

Barclays PLC

Barrett Business Services Inc.

Bayer CropScience Ltd.

Borden Dairy Co.

BuzzFeed Inc.

Chevron Corp.

Circle K Stores Inc.

Citigroup Inc.

Costco Wholesale Corp.

Coupang Inc.

Digital River Inc.

EE Ltd.

Elevance Health Inc.

Elliott Investment Management LP

Express Scripts Holding Co.

FTI Consulting Inc.

First Student Inc.

Gerber Products Co.

Great American Insurance Co.

HDR Global Trading Ltd.

Happy Family Organics

Insider Inc.

Intel Corp.

JPMorgan Chase & Co.

James Hardie Industries PLC

Jenzabar Inc.

Johnson & Johnson

LG Electronics Inc.

Landmark Theatres

LexisNexis Legal & Professional

Macy's Inc.

Major League Baseball Inc.

Marathon Petroleum Corp.

Mars Inc.

MasterCard Inc.

McKinsey & Co. Inc.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

Monsanto Co.

MultiPlan Corp.

NASDAQ Inc.

National Westminster Bank PLC

Netlist Inc.

Open Text Corp.

Phillips 66

Planned Parenthood Federation

RELX PLC

Reser's Fine Foods Inc.

Ryanair Holdings PLC

Samsung Electronics Co. Ltd.

Severn Trent PLC

Shipt Inc.

Sony Music Publishing LLC

St. Louis Cardinals

Target Corp.

The AZEK Co. LLC

The Bank of New York Mellon Corp.

The Gap Inc.

The Goldman Sachs Group Inc.

The Hain Celestial Group Inc.

The Royal Bank of Scotland Group PLC

The Scotts Miracle-Gro Co.

The TJX Cos. Inc.

TransUnion LLC

UCLA School of Law

Uber Technologies Inc.

Umpqua Holdings Corporation

United Parcel Service Inc.

Upstart Holdings Inc.

Vice Media Inc.

Visa Inc.

Walmart Inc.

Walt Disney Parks & Resorts Worldwide Inc.

Warner Bros. Records Inc.

WeWork Inc.

Wells Fargo & Co.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Companies House

Delaware Court of Chancery

Executive Office of the President

Federal Deposit Insurance Corp.

Financial Crimes Enforcement Network

Financial Reporting Council

Food and Drug Administration

Internal Revenue Service

National Labor Relations Board

Patent Trial and Appeal Board

Pennsylvania Supreme Court

Texas Department of Criminal Justice

U.S. Army

U.S. Attorney's Office for the Eastern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Treasury

U.S. District Court for the Central District of California

U.S. District Court for the District of Columbia

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of New York

U.S. District Court for the Middle District of Georgia

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Washington

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United Nations

United States District Court for the Southern District of Ohio

Wisconsin Department of Justice

Wisconsin Supreme Court