J&J Wins Dismissal Of Fiduciary Breach Claims In ERISA Drug Costs Lawsuit

( January 27, 2025, 1:40 PM EST) -- CAMDEN, N.J. — One of the two high-profile Employee Retirement Income Security Act fiduciary duty suits focused on health plans’ pharmacy benefits manager (PBM) and prescription drug benefits has been partly dismissed with leave to amend, with a New Jersey federal judge on Jan. 24 ruling that the plaintiff lacks standing to assert the key claims in her putative class case....