A New Jersey federal judge tossed a class action claiming Prudential bogged down its retirement plan with underperforming funds while also funneling money into a proprietary investing tool that benefited the company over employees, ruling the case lacks proof that mismanagement occurred.
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TUESDAY, DECEMBER 24, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Prudential Freed From 401(k) Mismanagement Suit

By Grace Elletson

A New Jersey federal judge tossed a class action claiming Prudential bogged down its retirement plan with underperforming funds while also funneling money into a proprietary investing tool that benefited the company over employees, ruling the case lacks proof that mismanagement occurred.

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Insurer Gets Out Of Ga. Sperm Bank's Bad Seed Claims

By Chart Riggall

A Georgia federal judge said Allied World Surplus Lines Insurance Co. has no duty to defend a sperm bank that has been sued in Canada and the United States for allegedly selling semen from a donor with genetic abnormalities.

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NJ Atty Says RICO Case Only Alleges He Acted As Lawyer

By George Woolston

New Jersey attorney William Tambussi has slammed the Garden State's response to his bid to toss charges against him in the state's sweeping indictment against power broker George E. Norcross III, claiming it does not show how his routine legal work constitutes a crime.

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LITIGATION

Fla. Labs Appeal $7.3M Conn. Jury Verdict Favoring Cigna

By Carolina Bolado

Three Florida substance abuse testing laboratories filed notice Thursday promising to appeal a $7.3 million loss to Cigna Health and Life Insurance Co. over billings for recurring tests on drug treatment patients the insurer said were not medically necessary.

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Trulieve Wants Quick Win Over Insurer In Wrongful Death Suit

By Jonathan Capriel

Trulieve said it's entitled to a default win against one of the two insurance providers it claims are supposed to indemnify it against a cannabis worker's wrongful death suit, saying the provider failed to respond to its litigation.

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ROUNDUPS

Feature

Top Pa. Cases Of 2024: Elon Musk, Johnny Doc, Uber Drivers

By P.J. D'Annunzio

This year was a standout for high-profile legal battles in Pennsylvania, from a blockbuster verdict against Monsanto over its Roundup weedkiller to the Philadelphia district attorney's fight with Elon Musk over allegations that he tried to influence the 2024 presidential election with his million-dollar giveaway.

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

By Max Austin

This past week in London has seen the University of Southampton sue a drone-maker over the rights to an uncrewed aircraft patent, Importers Service Corp. and its subsidiary ISC Europe take action against a former director who allegedly owes the company over £1.1 million ($1.4 million), and DAC Beachcroft face a fraud claim by a "prolific litigant." 

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DEALS

Kirkland Steers CCC Intelligent On $730M AI Insurance Deal

By Al Barbarino

Chicago-based insurance industry platform CCC Intelligent Solutions Inc. said Friday it has agreed to acquire EvolutionIQ Inc., an AI-powered claims management platform, for $730 million, in a deal steered by Kirkland & Ellis LLP and Lowenstein Sandler LLP, respectively.

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EXPERT ANALYSIS

Series

Fixing Up Cars Makes Me A Better Lawyer

From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich.

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LEGAL INDUSTRY

MoFo, Irell Latest Firms To Unveil Competitive Bonuses

By Aebra Coe & Hailey Konnath

Morrison Foerster LLP and litigation boutique Irell & Manella LLP have joined a chorus of firms announcing associate bonuses that meet or exceed the BigLaw standard for associate bonuses this year, with MoFo offering up to $218,200 and Irell handing its lawyers as much as $175,000.

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Approach The Bench: What Judges Had To Say This Year

By Cara Bayles

Jurists weighed the benefits of partisan elections, praised innovations in telehearings and worried about the future of the profession in nearly a dozen interviews with Law360 this year.

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Gunster $8.5M Data Breach Deal Needs More Info, Judge Says

By Matt Perez

A Florida federal judge this week denied preliminary approval of an $8.5 million settlement in a data breach class action against Gunster and demanded more information on payouts, the plaintiffs' standing in the case and a historical breakdown of settlement rates.

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NJ Bar's Diversity Plan Isn't Biased, Panel Says

By Tracey Read

A New Jersey state appeals court reversed and remanded on Friday a lower court's ruling that found the state bar association's diversity practices to be an unlawful, discriminatory quota system.

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Analysis

How Lawyers May Sue The Trump Administration … Again

By Cara Bayles

During the last Trump administration, BigLaw firms challenged White House policies, focusing on immigration, environmental regulations and healthcare. This time around, attorneys could rely on old tools, and some new tactics, to stall the executive branch.

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Biden Exceeds Trump's Record On Judges By One

By Courtney Bublé

The U.S. Senate confirmed on Friday the last two judicial nominations from President Joe Biden, making his total of lifetime judicial appointments 235, just one over President Donald Trump's 234.

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High Court Bar's Future: Williams & Connolly's Sarah Harris

By Katie Buehler

Sarah M. Harris of Williams & Connolly LLP never planned on being a U.S. Supreme Court advocate, or even an appellate one. She stumbled upon that career path after realizing her initial goal of becoming a national security or government lawyer wasn't the right fit.

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Legislators Key To Court Fee Relief, Chief Justices Say

By Cara Salvatore

Two state high court chief justices and a top judicial administrator have told the National Center for State Courts that while they've been able to make significant progress in abolishing unfair court fines and fees, lawmakers have been vital in enacting these changes.

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No, Microsoft Isn't Driving DOJ's Google Antitrust Suit: Judge

By Bryan Koenig

A D.C. federal judge pushed back Friday on Google's efforts to paint Microsoft as the true plaintiff in the Justice Department's search monopolization lawsuit, casting doubt during a hearing that Google should get even more information about Microsoft's relationship with ChatGPT-maker OpenAI.

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Feature

Litigator On The Roof: The Acting, Singing Mass. Solicitor

By Chris Villani

The top appellate lawyer in the Massachusetts Office of the Attorney General will be ringing in the new year by performing a comical cantata by Johann Sebastian Bach, the latest show in a lengthy side career in music.

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Another Texas Judge Exits X's Advertising Boycott Suit

By Lauren Berg

The second Texas judge to oversee litigation filed by Elon Musk's X Corp. accusing the World Federation of Advertisers and others of conspiring to withhold advertising revenue from the company has recused himself from the case.

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Hagens Berman Settles Suit Over Effexor Deal Atty Fees

By Bryan Koenig

A pharmaceutical reseller's in-house counsel and founder moved Friday to drop a Mississippi federal court breach of contract suit accusing Hagens Berman Sobol Shapiro LLP of stiffing him on his share of a $13 million attorney fees award from an antitrust class settlement, citing a resolution to the dispute.

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Girardi's Mental Health To Be Evaluated At NC Federal Prison

By Craig Clough

A California federal judge said Friday she will order Tom Girardi to receive a psychiatric evaluation at a North Carolina federal correctional facility after she recently delayed his wire fraud sentencing to determine if he should be committed to a medical facility instead of prison due to his dementia diagnosis.

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Q&A

A Judge Reflects: West Wing Call, 'Alford Plea?' Early Exit

By Hayley Fowler

When Chief Judge Louis A. Bledsoe III of the North Carolina Business Court hangs up his robes for the last time on Dec. 31, he'll leave behind a white-hot docket of high-profile cases and a profusion of opinions that helped mold the court into a tribunal fit to rival Delaware's Court of Chancery.

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Law360's Legal Lions Of The Week

By Andrea Keckley

This week's Legal Lions leader comes from the public sector, as federal prosecutors secured a $650 million settlement from McKinsey & Co. to resolve a lawsuit over the consulting giant's role in Purdue Pharma's promotion of OxyContin.

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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

Addleshaw Goddard

Ahmad Zavitsanos

Akerman LLP

Alston & Bird

American Center for Law & Justice Inc.

Armstrong Teasdale

Arnold & Porter

Barrett Law Group

Blacks Solicitors

Bradley Arant

Brito PLLC

CMS Cameron McKenna

Cantey Hanger

Carella Byrne

Charles Russell Speechlys

Chiesa Shahinian

Choate Hall

Covington & Burling

Cravath Swaine

Critchley Kinum

DAC Beachcroft

Davis Wright Tremaine

Dechert LLP

Dhillon Law Group

Domnick Cunningham

Fenchurch Law

Fieldfisher

Fisher & Phillips

Forsters LLP

Fried Frank

Gatehouse Chambers

Gibbons PC

Gibson Dunn

Girardi & Keese

Glancy Prongay

Glenn Agre

Goodwin Procter

Gowling WLG

Gunster Yoakley

Gupta Wessler

Hadsell Stormer

Hagens Berman

Halunen Law

Haynes & Boone

Heninger Garrison

Hogan Lovells

Holman Fenwick

Holwell Shuster

Hueston Hennigan

Hugh James

Irell & Manella

Jenner & Block

Jones Day

Kaufman Dolowich

Keker Van Nest & Peters

Kirkland & Ellis

Krovatin Nau

Kutak Rock

Latham & Watkins

Law Office of Rajeh A. Saadeh

Lowenstein Sandler

Lynch & Associates

Marino Tortorella

Marks Gray PA

Mayer Brown

Milbank LLP

Miller Shah LLP

Morgan & Morgan

Morgan Lewis

Morrison Foerster

Nabarro LLP

Norton Rose

O'Melveny & Myers

Orrick Herrington

Parker McCay

Patterson Belknap

Paul Weiss

Paynter Law Firm

Perkins Coie

Quinn Emanuel

Raines Feldman

Reed Smith

Reynolds Porter

Robinson Bradshaw

Ropes & Gray

Ross Aronstam

Roythornes Solicitors

Sanford Heisler

Sidley Austin

Skadden Arps

Spector Constant & Williams

Stites & Harbison

Sullivan & Cromwell

TLT LLP

Trenk Isabel

Trowers & Hamlins

Vartabedian Hester

Vinson & Elkins

Walsh Pizzi

Ward Hadaway

White & Case

Wiley Rein

Wilkinson Stekloff

Williams & Connolly

Willkie Farr

WilmerHale

Wilson Sonsini

Winston & Strawn

COMPANIES IN TODAY'S NEWS

American Civil Liberties Union

American Constitution Society

Apple Inc.

Atlantic Coast Conference

BNP Paribas SA

Beazley PLC

Berkshire Hathaway Energy GT&S

Boy Scouts of America

British American Tobacco PLC

CCC Intelligent Solutions Holdings Inc.

CVS Health Corp.

Cincinnati Financial Corp.

Democracy Forward Foundation

Duke Energy Corp.

Erie Insurance Inc.

Essity AB

Federalist Society

GP Global

Google LLC

Gulf Petrochem FZC

International Brotherhood of Electrical Workers

JPMorgan Chase & Co.

Judicial Watch Inc.

Lambda Legal Defense & Educational Fund

Mars Inc.

McKinsey & Co. Inc.

Meadow

Microsoft Corp.

Monsanto Co.

Mozilla Corp.

Natixis SA

New Jersey State Bar Association

Our Children's Trust

Pfizer Inc.

Princeton University

Prudential Financial Inc.

Purdue Pharma LP

ROC Nation LLC

Reynolds American Inc.

Saint-Gobain SA

Samsung Electronics Co. Ltd.

Spotify Technology SA

Starr International Co. Inc.

Teva Pharmaceutical Industries Ltd.

The Cigna Group

The Michaels Organization

The New York Times Co.

The Royal Bank of Scotland Group PLC

The Walt Disney Co.

TikTok Inc.

Trulieve

Twitter Inc.

Uber Technologies Inc.

Unilever PLC

United Steelworkers

UnitedHealth Group Inc.

Valero Energy Corp.

Walmart Inc.

Walt Disney Parks & Resorts Worldwide Inc.

Wells Fargo & Co.

Western Environmental Law Center

World Economic Forum

GOVERNMENT AGENCIES IN TODAY'S NEWS

Central Intelligence Agency

Commodity Futures Trading Commission

Companies House

Delaware Court of Chancery

Federal Bureau of Prisons

Georgia Court of Appeals

Internal Revenue Service

New Jersey Attorney General's Office

New Jersey Court

New Jersey Supreme Court

Ohio Supreme Court

Pennsylvania Supreme Court

Texas Supreme Court

The Crown Prosecution Service

U.S. Attorney's Office for the Central District of California

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Western District of Virginia

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of Labor

U.S. District & Bankruptcy Courts of Southern District of Texas

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

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Minnesota

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

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

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

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

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

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

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

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

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

U.S. Environmental Protection Agency

U.S. Railroad Retirement Board

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

US Office of Management and Budget