How DLA Piper Learned to Stop Worrying and Love Generative AI
Loren Brown is the rare law firm leader I’ve spoken with who can articulate a business plan around generative artificial intelligence.
Benefits & Executive Compensation News
401(k) Advice, Overtime Rules Poised to Reprise Obama-Era Fights
Two signature US Labor Department policies are almost certain to face a test of whether the latest updates to the agency’s regulations can survive legal deficiencies that led to the demise of their Obama-era predecessors.
Tesla Investor Asks Judge to Keep Musk Pay Fight in Delaware
The
Goldman Investors Approve Executive Pay Plan at Annual Meeting
NBA Referee Fired Over Covid Shot Rule Wins $2.9 Million Pension
A National Basketball Association referee who was terminated for refusing to receive the Covid-19 vaccine won $2.9 million in a lawsuit saying he was wrongly denied pension benefits under the league plan.
Boeing Leaders’ Windfall Predates New Safety Goals Tied to Pay
A pair of top
Latest Stories
PBGC Director Hartogensis to Depart at Close of Five-Year Term
Pension Benefit Guaranty Corporation Director Gordon Hartogensis will leave his leadership role once his five-year term expires at the end of April, according to a statement from the agency.
Biden Association Health Plan Rule Clears White House Review
The White House has completed its review of a final rule governing who can use association health plans, which have been touted by small businesses and the self-employed as a cheaper alternative to other employer-sponsored plans.
BHS Management, Workers Announce Retirement Plan Fee Settlement
BHS Management Services Inc. plans to settle a 5,000-person class action saying it mismanages its $553 million retirement plan by overpaying for administrative services and offering pricey investment options.
AMC Theaters Paid CEO Aron $25.4 Million in 2023, a Gain of 7.2%
<-bsp-bb-link state="{"bbHref":"bbg://securities/AMC%20US%20Equity/MGMT","_id":"0000018f-116d-d583-afbf-d3fde89e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">AMC Entertainment Holdings Inc., the struggling movie theater chain, awarded Chief Executive Officer <-bsp-person state="{"_id":"0000018f-116d-d583-afbf-d3fde89e0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Adam Aron compensation of $25.4 million last year, an increase of 7.2% from 2022.
Embry-Riddle Sued Over Retirement Fees After Prior Suit Stumbled
Embry-Riddle Aeronautical University Inc. was hit with another proposed class action challenging its retirement plan fees two months after a lawsuit raising similar claims failed to secure class status.
401(k) Advice, Overtime Rules Poised to Reprise Obama-Era Fights
Two signature US Labor Department policies are almost certain to face a test of whether the latest updates to the agency’s regulations can survive legal deficiencies that led to the demise of their Obama-era predecessors.
Lawyer Agrees to Pay $883,333 Over Alleged Drain of Benefit Fund
An Illinois lawyer and his former firm agreed to pay $883,333 to resolve allegations that they mishandled the assets of client United Employee Benefit Fund.
Dead NJ Health Workers’ Estates Can Sue Bosses Over Mask Denial
The relatives of two married New Jersey hospital workers that died of Covid-19 can bring a lawsuit against employers that allegedly made one employee reuse masks and hospital gowns and denied his wife a mask on the job.
Noncompete Ban Amplifies Biden Push to Loosen Worker Contracts
The US Federal Trade Commission’s move to ban virtually all noncompete clauses is the biggest step yet in a broader regulatory crackdown forcing employers to re-evaluate how they recruit and retain workers.
IN BRIEF
View MoreCase: Health Care & Benefits/Jurisdiction (E.D. Pa.)
The court granted Anthem Blue Cross Blue Shield Missouri and Blue Cross Blue Shield of Missouri’s motion to dismiss for lack of personal jurisdiction Abira Medical Laboratories LLC’s breach of contract suit alleging refusal to pay or underpayment of claims. Abira Med. Labs. LLC v. Anthem Blue Cross Blue Shield Mo., 2024 BL 135165, E.D. Pa., 23-4940, 4/19/24
Case: Health Care & Benefits/Fiduciary Duties (M.D. Fla.)
The court granted in part Unum Life Insurance Company of America, CoAdvantage Corporation, and CoAdvantage Resources Inc.'s motions to dismiss an employee’s beneficiaries’ breach of fiduciary duties claims, in this ERISA action challenging the denial of life insurance benefits. Morales v. CoAdvantage Corp., 2024 BL 133253, M.D. Fla., 6:24-cv-117-JA-DCI, 4/18/24
Case: Health Care & Benefits/Long-Term Disability Benefits (W.D. Mo.)
The court denied AT&T Umbrella Benefit Plan No. 3 and Sedwick Claim Management Services Inc.'s motion to dismiss an employee’s ERISA action challenging the denial of long-term disability benefits and alleging breach of fiduciary duties. Dickson v. AT&T Umbrella Ben. Plan No. 3, 2024 BL 128122, W.D. Mo., 4:23-cv-00456-DGK, 4/15/24
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