T.S. v. Evernorth Behavioral Health Inc.

**Bank Employee Wins Right to Sue Some Foreign Banks Over Alleged Price-Fixing** A bank employee sued several major international banks, claiming they worked together illegally to fix prices in a way that harmed workers and enriched the banks unfairly. The worker brought the case against Bank of America and seven foreign banks including HSBC, UBS, and others. The court made a mixed ruling on whether it had the power to hear the case against the foreign banks. The judge said the lawsuit could move forward against five of the foreign banks (HSBC, Royal Bank of Scotland, Societe Generale, Standard Chartered, and UBS), but dismissed two others (MUFG Bank and Royal Bank of Canada) because the court didn't have proper authority over them. This decision matters for workers because it shows that employees can potentially hold large international companies accountable for alleged anti-competitive behavior, even when those companies are based overseas. However, workers need to be careful about which courts have jurisdiction over foreign employers. The ruling suggests that if foreign companies do enough business in the U.S., American workers may be able to sue them in American courts for alleged wrongdoing.