On March 23, 2023, the U.S. Court of Appeals for the Seventh Circuit, on remand from the Supreme Court, explained how the โplausibilityโ pleading standard of Bell Atlantic Corp. v. Twombly, 550 U.S. 544 (2007), and Ashcroft v. Iqbal, 556 U.S. 662 (2009), should be applied to breach of fiduciary duty claims under the Employee Retirement Income Security Act (โERISAโ). The Courtโs ruling reversed and remanded claims the district court…
On March 30, 2023, U.S. District Judge Mark Kearney granted final approval of a $12.5 million settlement (โSettlementโ) reached in a class action lawsuit against Universal Health Services, Inc., the Universal Health Services Retirement Plans Investment Committee (โInvestment Committeeโ), and Does No. 1-10, who are members of the Investment Committee or other fiduciaries of the Universal Health Services, Inc. Retirement Savings Plan (โPlanโ) (collectively, โDefendantsโ or โUniversalโ). The Settlement resolves…
On March 15, 2023, the Honorable Karen Marston of the United States District Court for the Eastern District of Pennsylvania granted final approval of a $39.8 million settlement (โSettlementโ) to resolve antitrust claims against Johnson & Johnson (โJ&Jโ or the โCompanyโ) alleging that the company launched its โBiosimilar Readiness Planโ to block health care providers from purchasing competitor products of its infliximab biosimilar, Remicade.ย The Settlement previously received preliminary approval…
On March 3, 2023, Plaintiffs, Douglas G. Bailey, Jason J. Hayes, and Marianne Robinson (collectively, โPlaintiffsโ), filed an unopposed motion for preliminary approval of a $6.75 million settlement (โSettlementโ) of their class action litigation against LinkedIn Corporation, the Board of Directors of LinkedIn Corporation, and the LinkedIn Corporation 401(k) Committee (collectively, โLinkedInโ or โDefendantsโ). The Settlement resolves allegations that LinkedIn mismanaged the LinkedIn Corporation 401(k) Profit Sharing Plan and Trust…
On February 9, 2023, the Honorable Jennifer L. Thurston of the United States District Court for the Eastern District of California determined that class action claims alleging breaches of fiduciary duties under the Employee Retirement Income Security Act (โERISAโ) survived the motion to dismiss filed by Sutter Health and the Retirement Benefits Investment Committee of Sutter Health (together, โDefendantsโ).ย ERISA is a federal statute that protects workers by establishing standards,…
On January 4, 2023, a Class of California-based flight attendants for Virgin America, Inc. (โVirgin Americaโ) and Alaska Airlines (together, the โAirlinesโ) obtained a settlement of nearly $31 million in resolution of the airlinesโ alleged violations of the California Labor Code, California Unfair Competition Law, and California Private Attorneys General Act (โPAGAโ). The action was originally brought against Virgin America in 2015 for its alleged unlawful labor practices, including failure…
On February 8, 2023, A Place for Rover, Inc. (โRoverโ or the โCompanyโ) agreed to pay $18 million to resolve allegations that the Company unlawfully misclassified its hourly workers as independent contractors in order to skirt certain minimum wage and benefit laws. Rover is an app-based platform where users can connect with and book dog sitters or walkers. The Rover app includes dog boarding, dog walking, house sitting and doggy…
On January 31, 2023, the Honorable Edmund A. Sargus, Jr. of the United States District Court for the Southern District of Ohio granted final approval of a $2.75 million settlement (โSettlementโ) in a class action lawsuit against L Brands, Inc. (โL Brandsโ), the former parent company of Victoriaโs Secret, as well as L Brand Service Company LLC and the Retirement Plan Committee of the L Brands, Inc. 401(k) Savings and…
On December 7, 2022, United States District Judge Janet C. Hall of the District of Connecticut partially denied the Motion to Strike Plaintiffsโ Jury Demand (โMotionโ) filed by New England energy provider Eversource Energy Company (โEversourceโ), the Board of Directors of Eversource Energy Company (โBoardโ), the Eversource Plan Administrative Committee (โAdministrative Committeeโ), the Eversource Investment Management Committee (โInvestment Committee,โ and, with the Administrative Committee, โCommitteesโ), and named members of the…
Meta Platforms, Inc. has agreed to pay $725 million to current and former Facebook users for the platformโs alleged violation of the Stored Communications Act and the Video Privacy Protection Act, as well as to settle claims for negligence, invasion of privacy, and breach of contract. Specifically, Plaintiffs allege that Facebookโs data-sharing practices were flawed because Facebook granted numerous third parties access to Facebook usersโ content and information without their…
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