Uniform supplier Vestis Corp. was hit with a proposed class action on Friday alleging that it concealed years of underfunding prior to being spunoff by Aramark last year, leaving it unable to grow its revenue and retain customers.
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TOP NEWS

Aramark Spinoff Faces Investor Action Over Slow Growth

By Sydney Price

Uniform supplier Vestis Corp. was hit with a proposed class action on Friday alleging that it concealed years of underfunding prior to being spunoff by Aramark last year, leaving it unable to grow its revenue and retain customers.

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T-Mobile Must Face Sprint Merger Suit Before Appealing

By Jared Foretek

The Seventh Circuit summarily rejected T-Mobile's move for interlocutory appeal in a proposed consumer class action targeting the company's 2020 merger with Sprint, allowing the case to advance to discovery after the district court denied T-Mobile's motion to dismiss in the fall.

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Texas Justices Let Fen-Phen Atty Malpractice Fight Roll On

By Daniel Connolly

The Texas Supreme Court ruled Friday that roughly 4,000 former clients of a Houston mass tort lawyer can continue pressing their claims that the lawyer improperly kept millions of dollars in fen-phen diet drug settlement money.

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Good Behavior Can Shave Contempt Sentences, Judge Rules

By Danielle Ferguson

A Michigan federal judge on Friday said he would not ask the state's highest court to decide whether civil litigants held in criminal contempt in state court can get time off their sentences for good behavior, saying he was confident justices would agree with him that they can.

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Tech Co. Can Force Solo Arbitration In 401(k) Forfeiture Suit

By Patrick Hoff

A former Tetra Tech Inc. employee must individually arbitrate her suit alleging the company misused forfeited 401(k) contributions, a California federal judge said Friday, ruling federal benefits law doesn't override the arbitration agreement's bar on planwide reimbursement.

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SECURITIES

Cantor, Lutnick Strike Deal With Window SPAC Investors

By Leslie A. Pappas

Shareholders of a special purpose acquisition company that took a now-bankrupt smart window manufacturer public have reached a tentative agreement to settle their proposed Delaware Chancery Court class action against Cantor Fitzgerald LP and its billionaire chair and CEO Howard Lutnick.

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Dolce & Gabbana Sued Over 'Worthless' Digital Outfit NFTs

By Katryna Perera

Luxury fashion brand Dolce & Gabbana has been hit with a shareholder class action in New York federal court, alleging it sold consumers "essentially worthless" non-fungible tokens that it misrepresented as high-value and abandoned the project while retaining over $25 million that was used to fund it.

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Kohl's Directors' Aversion To Sale Was Self-Serving, Suit Says

By Sydney Price

A Kohl's shareholder has hit the retailer's brass with a derivative suit alleging they covered up the results of a disastrous shift in business strategy and takeover offers, all in a bid to protect their own positions.

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Peloton Says Investors Are 'Manufacturing' Bike Recall Suit

By Katryna Perera

Fitness equipment company Peloton urged a New York federal judge on Friday to toss a suit alleging it overstated the safety of its bikes before the U.S. Consumer Product Safety Commission recalled roughly 2.2 million Peloton products over a bike seat defect, saying the investors are trying to "manufacture" a case from a voluntary recall.

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EMPLOYMENT & BENEFITS

Trucking Co. Dodges Misclassification Suit, For Now

By Irene Spezzamonte

A trucking company can temporarily escape claims that it misclassified drivers as independent contractors because the driver lodging the suit failed to show jurisdictional diversity, an Illinois federal judge ruled.

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PRODUCT LIABILITY

Co-Lead Counsel Named In Baby Food Toxins MDL

By Henrik Nilsson

A California federal judge has tapped attorneys from Wisner Baum LLP and the Wagstaff Law Firm PC to lead multidistrict litigation alleging products from baby food manufacturers and distributors, including Walmart Inc. and Gerber Products Co., contain toxic metals and caused children to develop autism spectrum disorder and other conditions.

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CYBERSECURITY & PRIVACY

Ga. OB-GYN Office Says Data Breach Class Action Falls Flat

By Madeline Lyskawa

An Atlanta OB-GYN practice has urged a Georgia federal judge to dismiss a proposed class suit over a data breach that allegedly impacted the personal and protected health information of tens of thousands of patients, arguing the lead plaintiff has failed to meet the requirements of the Class Action Fairness Act.

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INSURANCE

5th Circ. Won't Rethink SXSW Ticket Coverage Ruling

By Ganesh Setty

The Fifth Circuit will not reconsider ordering a Chubb unit to cover defense costs incurred by Texas music festival South by Southwest from a class action by ticket holders seeking refunds after Austin officials canceled the festival in 2020 because of the COVID-19 pandemic.

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SPORTS & BETTING

Bettors Say 6th Circ. Erred In Ruling Over Doped Derby Horse

By Elaine BriseƱo

A group of gamblers who claim they had winning bets on the 2021 Kentucky Derby after officials stripped the lead horse of its title has petitioned the Sixth Circuit to rehear arguments after a panel of the court earlier this month affirmed the lower court's decision to toss the case.

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LEGAL INDUSTRY

Pa. Federal District Judge Gene Pratter Dead At 75

By James Boyle

U.S. District Judge Gene E.K. Pratter, who joined the bench in the Eastern District of Pennsylvania in 2004 and presided over several landmark cases, died Friday at the age of 75, according to a statement from the court.

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Menendez Texts With Wife A Legislative Promise, Judge Says

By Pete Brush

Emoji-laden texts between Sen. Robert Menendez and his wife about an arms sale constitute a legislative promise, a Manhattan federal judge reiterated Monday, as the government seeks to prove the power couple had a corrupt agreement with a New Jersey businessman.

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McElroy Deutsch Says Ex-Exec's Guilt Boosts Home Claim

By Emily Sawicki

McElroy Deutsch Mulvaney & Carpenter LLP doubled down on its attempt to seize the home of two former firm executives following a guilty plea on criminal embezzlement charges earlier this month by one of them, the firm's former chief financial officer.

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LAW FIRMS IN TODAY'S NEWS

Consumer Law Group

Bahe Cook

Beck Redden

Ben Crump Law

Berger Montague

Chilivis Grubman

Covington & Burling

DLA Piper

DiCello Levitt

Douglas & London

Duane Morris

Ellzey & Associates

Faegre Drinker

Finch McCranie

Fletcher Fealko

Fogler Brar

Fox Rothschild

Gauntlett Law

Gibbons PC

Gibson Dunn

Gordon Rees

Grant & Eisenhofer

Graves Dougherty

Hausfeld LLP

Jones Day

K&L Gates

Kenneth N. Flaxman PC

King & Spalding

Kirklin Law Firm

Latham & Watkins

Levi & Korsinsky

Levin Papantonio

Lichten & Liss Riordan

Lieff Cabraser

Lindsey & Lacy

Marino Tortorella

McElroy Deutsch

Miller Griffin

Morris Kandinov

Motley Rice

Outside Legal Counsel PLC

Paul Hastings

Peiffer Wolf

Pendley Baudin

Pomerantz LLP

Robbins Geller

Russo Firm

Saxena White

Scott & Corley

Simmons Hanly

Sterlington PLLC

Stites & Harbison

Wagstaff Law Firm

Walker Wilcox

White & Case

Wisner Baum

Young Conaway

de Castro PC

COMPANIES IN TODAY'S NEWS

Aramark

CTIA

Cantor Fitzgerald

Churchill Downs Inc.

Competitive Enterprise Institute

Deutsche Telekom AG

Gerber Products Co.

Illinois Brick Co.

Kentucky Derby

Kohl's Corp.

NASDAQ Inc.

Peloton Interactive Inc.

SXSW LLC

SoftBank Group Corp.

T-Mobile US Inc.

Tetra Tech Inc.

The Charles Schwab Corp.

The Hain Celestial Group Inc.

U.S. Chamber of Commerce

View Inc.

Walmart Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Federal Trade Commission

Food and Drug Administration

Texas Supreme Court

U.S. Attorney's Office

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

U.S. Consumer Product Safety Commission

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Sixth Circuit

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

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 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 New York

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin