Benefit

Pharmacy Benefit Managers and Drug Companies Face Lawsuit for Inflating Insulin Prices, Targeting Vulnerable Patients in Indiana

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Indianapolis, Indiana – The Attorney General of Indiana, Todd Rokita, has filed a lawsuit alleging that pharmacy benefit managers (PBMs) and drug companies have colluded to maintain high insulin prices. Rokita claims that these companies are exploiting vulnerable individuals in need of this vital medication. The lawsuit does not specifically name the drug company Eli Lilly, even though it settled a class-action lawsuit last year over allegations of insulin price fixing for over $13 million. Among the companies named in the lawsuit are Caremark PCS and CVS Healthcorp, both associated with CVS, one of the … Read more

Missouri Senate Considers Bill to Increase Juror Pay: Proposed Changes Could Benefit Jurors

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Jefferson City, Missouri – The Missouri state Senate is currently considering a bill that aims to reform the compensation system for jurors in the state. Under the current law, jurors are paid a meager seven cents per mile for travel between their residence and the courthouse. However, Senator Curtis Trent, a Republican from Springfield, is proposing a significant increase in the juror mileage payment to 65-and-a-half cents per mile. Trent asserts that the existing law allows for various forms of compensation, presenting an opportunity for change. Trent highlights one option outlined by the law, which … Read more

Kansas Senate Votes to Increase Death Benefit and Expand Pension System Investments in Alternative Assets

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In Topeka, Kansas, the state Senate has voted to increase the lump-sum death payment for retirees in the Kansas Public Employee Retirement System (KPERS), as well as raise the maximum amount of the pension system’s portfolio tied to alternative private equity or infrastructure investments. The Senate voted 25-14 in favor of Senate Bill 172, which would raise the death benefit to $6,000 from the current $4,000. The cost of this adjustment over a 20-year period is estimated to be $108 million, to be covered by KPERS contributions and investment income. The death benefit has not … Read more

Promoting Fairness and Equity: How Common Benefit Funds Support Complex Litigation Cases

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PHILADELPHIA, PA – Common benefit funds (CBFs) play a crucial role in ensuring fairness and equity in the distribution of legal fees and expenses in aggregate and complex litigation. They are particularly relevant in cases such as class actions, mass torts, trust and securities, and multidistrict litigations (MDLs), where an ad hoc or judicially appointed committee or team of attorneys prosecute the litigation. These funds serve to recognize and compensate the attorneys who dedicate their time, expertise, and resources to advancing the interests of the plaintiffs involved in a specific litigation, including litigants who are … Read more