United States: Class Actions

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Northern District Of Illinois Narrows Securities Fraud Class Action Against Leading Commercial Jetliner Manufacturer
On March 31, 2026, Judge Manish S. Shah of the United States District Court for the Northern District of Illinois granted in large part and denied in part a motion to dismiss claims under the Securities Exchange Act of 1934 against an airplane manufacturer (the “Company”) and four of its former officers. College Retirement Equities Funds v. The Boeing Company, No. 22 CV 3845 (N.D. Ill. Mar. 31, 2026).
United States Commercial
AO
A&O Shearman
Article
Northern District Of California Dismisses Putative Class Action Against Biopharmaceutical Company With Prejudice
On March 3, 2026, Judge Richard Seeborg of the United States District Court for the Northern District of California granted a motion to dismiss a proposed class action complaint (the “Amended Complaint”) alleging that a biopharmaceutical company (the “Company”) and certain corporate officers violated Sections 11 and 15 of the Securities Act of 1933 (the “Securities Act”). In re BioAge Labs, Inc. Sec. Litig., No. 25-cv-00196 (N.D. Cal. Mar. 3, 2026).
United States Commercial
AO
A&O Shearman
Article
California’s “Truth In Recycling” Law Raises The Stakes For Packaging Labels
California's SB 343, the "Truth in Recycling" law, establishes stringent requirements for recyclability claims on product packaging sold in the state, mandating proof of collection access, processing capability, and end-market demand. Companies face significant litigation exposure from private plaintiffs if their packaging displays noncompliant recyclability indicators after the October 2026 enforcement deadline.
United States Consumer
B
Benesch Friedlander Coplan & Aronoff LLP
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