The Aetna world headquarters in downtown Hartford on September 22, 2011. Aetna is the third largest health insurance provider in the United States. Photo: Shutterstock 2nd Circuit Sides with Aetna in Lawsuits Regarding Brand-Name Coverage, Individual Limit
The three-judge panel said a Department of Health & Human Services rule aligned with plaintiffs' argument over who should pay for medications, but it did not apply retroactively, thus denying her relief.
April 22, 2022 at 05:17 PM
3 minute read
News
The original version of this story was published on New York Law Journal
The U.S. Court of Appeals for the Second Circuit on Friday ruled in favor of Aetna Life Insurance Company in a trio of cases involving health insurance coverage, upholding rulings from judges in the Southern District of New York.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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