
The Federal Trade Commission (FTC) recently issued a Decision and Order directed at certain pharmacy benefit managers (PBMs). Although the order specifically applies to Express Scripts, Evernorth Health, Medco, and Ascent Health Services, it changes the nature of negotiated prescription drug rebates for all PBMs by requiring them to apply at the point of sale.
Understanding the Current Rebate System
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Home Depot Under Investigation After Announcing 800 Layoffs in Georgia

Home Depot recently announced layoffs affecting almost 800 workers at its Georgia locations. In response, law firm Strauss Borrelli PLLC has launched an investigation of the Worker Adjustment and Retraining Notification (WARN) Act notice that the company issued to state officials on January 28, 2026. The WARN Act notice states that Home Depot will begin layoffs on March 31, 2026. …
Kaiser Settles DOL Behavioral Health Parity Suit for $32 Million

A recent settlement by the Trump administration has made it clear that it intends to enforce parity compliance when it comes to proper access to mental health and substance use disorder services. In a suit against the Kaiser Foundation Health Plan, which provides health coverage for the estimated 13 million enrollees in Kaiser Permanente, a nonprofit managed care company, the…
CA Public Utilities Commission Approves Verizon-Frontier Merger Amidst Diversity Concerns

Verizon Wireless recently learned firsthand how to balance the competing demands of federal and state regulators to secure final approval for its $20 billion acquisition of Frontier Communications, an Internet, television, and phone service provider in 25 states. Verizon first shuttered its diversity, equity, and inclusion (DEI) program to obtain Federal Communications Commission (FCC) approval of the acquisition. The mammoth…
Class Action Lawsuit Accuses Bloomberg of Breaching Fiduciary Duties in Lackluster 401(k) Performance

Rajkumar Rajappan, a Bloomberg 401(k) plan participant, has filed a class action under the Employee Retirement Income Security Act (ERISA) for breach of fiduciary duties. The plan has about 20,000 participants and beneficiaries and holds more than $5 billion in assets.
Rajappan claims that Bloomberg failed to remove two funds — the Harbor Capital Appreciation Fund and the Parnassus Core…
House Spending Bill Contains PBM Transparency Measures

The House has added measures to the Consolidated Appropriations Act (CAA), 2026, an appropriation bill or spending package, that include transparency requirements for PBMs. These requirements are included in a provision designed to lower drug costs by giving drug manufacturers more tools to secure approval for generic drugs from the U.S. Department of Health and Human Services (HHS). The provision…
Trump Criticizes Insurance Brokers for Taking Kickbacks from PBMs

In a speech on the last day of the 2026 ACA open enrollment period, President Donald Trump announced the “Great Healthcare Plan” he intends to introduce. Trump announced that his plan would change how pharmacy benefit managers (PBMs) would pay other health benefits entities, including insurance brokers. He went so far as to say that he would eliminate the “giant…
Georgia Federal Suit Pending Over Gender-Affirming Care for Prisoners

After the state of Georgia passed S.B. 185, a law that removed funding for gender-affirming healthcare in prisons, five incarcerated transgender persons filed suit to enjoin it. S.B. 185 went into effect in May and directed prison doctors to begin tapering incarcerated patients off hormone therapy treatments and provide them with counseling. The case is Benjamin et al. v. Commissioner, …
Delaware State Supreme Court Reinstates Elon Musk $56 Billion Compensation Package

The Delaware Supreme Court has reinstated the groundbreaking compensation package Tesla provided to Elon Musk, finding that Musk met all required milestones over the six years since Tesla stockholders approved it in 2018. The package, valued at more than $56 billion, more than doubles the value of the equity now under Musk’s control.
The case is In re Tesla Inc. …
Fifth Circuit Considers Arbitration Clause in ERISA Claim

A Fifth Circuit panel asked a former employee of International Bancshares Corp. to explain why an arbitration clause shouldn’t govern his Employee Retirement Income Security Act (ERISA) class action case. The case is Paul Parrott v. International Bancshares Corp. et al., Case Number 25-50367, in the U.S. Court of Appeals for the Fifth Circuit.
According to Paul Parrott, he didn’t…