On July 25, 2023, an important decision took place in the United States District Court for the Southern District of New York. Judge Jed S. Rakoff dismissed a motion to dismiss a putative securities class action, involving an online food ordering and delivery platform, known merely as “the Company”. The allegation stems from violations of…
In the ongoing legal landscape, employers who choose to exclude coverage for gender affirming care in their health plans may find themselves facing significant risks. This is in light of recent court rulings and legislative movements. In recent years, there has been a surge of cases pertaining to the delivery of and payment for gender…
On July 6, 2023, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery provided a written opinion interpreting a previous bench ruling on a mootness fee awarded to a plaintiff’s counsel in a class action lawsuit from supposed stockholders. This lawsuit was initiated against Magellan Health, Inc. and its directors, linked to its…