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1 week ago | 
news.bloombergtax.com | Gillian Brassil |Andrew Harris |Carmen Castro-Pagan
Government clean-up of an immigrant investor program—conceived to bring to the US those who had the wherewithal to create jobs in the country—has apparently eased its securities fraud litigation future, lawyers in the field say. No new EB-5 Investor Program cases similar to some high-profile ones involving misconduct have been filed after a major overhaul to the program three years ago, attorneys said.
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1 week ago | 
news.bloombergtax.com | Patrick Dorrian |Carmen Castro-Pagan |Andrew Harris
Practitioners are closely watching federal appeals courts for clarity on whether a recent law that lets workers opt out of sexual harassment arbitration extends to all claims, including those unrelated to employment or the alleged harassment. The US Court of Appeals for the Sixth Circuit was presented with the question in a May 12 appeal by law firm Adams & Reese LLP, while the Second Circuit was asked May 27 to address it in an appeal by TikTok Inc. and its parent ByteDance Ltd.
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1 week ago | 
news.bloombergtax.com | Michael E. Kenneally |Jennifer Bennett |Andrew Harris |Carmen Castro-Pagan
As Elon Musk says he’s stepping back from his role in the Trump administration, his X Corp. faces a growing number of legal battles with employees fired after he acquired the social media platform formerly known as Twitter. X faces more than three dozen lawsuits tied to Musk’s 2022 Twitter takeover and ensuing mass layoffs. Former employees allege the company targeted them based on race, sex, age, or disability or stiffed them on severance payments.
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2 weeks ago | 
news.bloombergtax.com | Jennifer Kay |Andrew Harris
The Delaware Chancery Court’s chief judge will review this week a decision to block access to texts and emails from Pioneer Natural Resources Co.'s ex-CEO related to the Texas-based energy exploration and production company’s sale to ExxonMobil Corp. Here’s more from the court’s calendar:Monday: Thomas v. American Midstream GP, LLC, Del. Ch., No. 2019-0641, trial 5/19/25. At issue: Vice Chancellor Morgan T. Zurn ruled Dec.
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3 weeks ago | 
news.bloombergtax.com | Patrick Dorrian |Carmen Castro-Pagan |Andrew Harris
Workday Inc. must face a nationwide class-like lawsuit alleging its algorithm-based screening tools discriminated against job seekers age 40 or over, a San Francisco federal court ruled Friday. Derek Mobley met the low bar needed for conditional certification of a collective action under the Age Discrimination in Employment Act, the US District Court for the Northern District of California said.
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3 weeks ago | 
news.bloombergtax.com | Jacklyn Wille |Andrew Harris
A unique obstacle for retirement plan litigation in the Eleventh Circuit drew criticism during Tuesday arguments over a seafood company’s stock plan, but the three-judge panel suggested it was powerless to unilaterally change the rule. The arguments centered on the US Court of Appeals for the Eleventh Circuit’s unusual practice of imposing an exhaustion requirement on benefit plan participants claiming fiduciary breach under the Employee Retirement Income Security Act.
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4 weeks ago | 
news.bloombergtax.com | Patrick Dorrian |Andrew Harris |Carmen Castro-Pagan
Southwest Airlines Co. won reversal of some, but not all, of a Texas federal court jury’s verdict that the airline engaged in religious discrimination when it fired a Christian flight attendant after she sent graphic anti-abortion messages to her union president.
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1 month ago | 
news.bloombergtax.com | Jennifer Bennett |Patrick Dorrian |Carmen Castro-Pagan |Andrew Harris
The Trump administration’s mandate that the EEOC stop using the disparate impact liability theory will alter the agency’s enforcement mission, erode minorities’ civil rights, and open cases for private litigation, attorneys say. Those are key takeaways from some employment discrimination lawyers regarding President Donald Trump‘s executive order titled Restoring Equality of Opportunity and Meritocracy.
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1 month ago | 
news.bloombergtax.com | Jennifer Kay |Andrew Harris
Attorneys for billionaire dealmaker Ken Moelis will argue before the Delaware Supreme Court this week to overturn a landmark Chancery Court ruling that prompted contentious legislative debate and new corporate law amendments last year. Here’s a look at the courts’ calendars:Wednesday: Moelis & Co. v. West Palm Beach Firefighters’ Pension Fund, Del., No. 340,2024, oral arguments 5/7/25.
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1 month ago | 
news.bloombergtax.com | Mallory Culhane |Andrew Harris
A court order barring the Trump administration’s Department of Government Efficiency from accessing sensitive personal information from the Social Security Administration will remain in effect pending appeal, a split en banc appeals court ruled Wednesday. The record showed that DOGE’s unrestricted access to Social Security data “exceeded that allowed to all but the few most experienced and trusted SSA employees,” and demonstrated there’s “no need for such access,” Judge Robert B.
