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Cite as: Board of Trustees of the AFTRA Retirement Fund v. JPMorgan Chase Bank, 09 Civ. 686 (SAS), NYLJ 1202510988300, at *1 (SDNY, Decided August 5, 2011)Distr
Pa. Jury Awards $3M to Ohio Couple in Prempro Case
In the retrial of a case in which an Ohio woman claimed she was harmed by using the Wyeth hormone replacement drug Prempro, a Philadelphia jury awarded $2.4 million to the woman and $600,000 to her husband. In the first trial, a mistrial was declared before liability was determined. It was the second completed Prempro trial in which a Philadelphia jury ruled against Wyeth."The scorecard is plaintiffs 2, Wyeth 0," said the Ohio couple's lawyer. An attorney for Wyeth says the company will appeal.District Judge Denise Cote U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Appearances: For Plaintiff: Michael K. Yarnoff; Karen E. Reilly; Emily Rubin; Barrowa
Overturned $3M Verdict Explained in Hormone Replacement Therapy Opinion
A woman who sued Wyeth, claiming her breast cancer was caused by the company's hormone replacement drug, did not show sufficient evidence that her doctor wouldn't have prescribed the drug if warnings were better, a Philadelphia judge explained as to why he overturned a $3 million jury award. Attorneys for Wyeth say the opinion could have a significant effect on the 1,500 similar cases pending in Philadelphia.Schiffrin Barroway Helps Secure $2.9 Bil. Settlement in Tyco Case
A nearly $3 billion settlement has been tentatively reached in the Tyco shareholder class action that began some five years ago after former CEO L. Dennis Kozlowski and other top corporate officers were accused of looting the company and inflating its value.Tyco to Pay $3B Settlement in Shareholders Lawsuit
Tyco International said Tuesday it has agreed to pay about $3 billion to settle shareholder claims that arose after former CEO Dennis Kozlowski and other top officers were charged with looting the company and inflating its value. Investors were given the green light last summer to proceed with a consolidated class action lawsuit in federal court. Lawyers for the shareholders said it was the largest settlement ever by a single corporate defendant in a class action suit.As Canadian Class Actions Take Off, U.S. Expertise Is in Demand
In April one of Canada's top plaintiffs-side class action firms, Sutts Strosberg, hired former Milberg of counsel Andrew Morganti as its adviser on U.S. complex litigation. At Milberg, Morganti helped redevelop the firm's antitrust practice and its relationships with clients and members of the class action bar. Now he's assisting his new colleagues with the firm's institutional and commercial clients in evaluating potential parallel class actions. The Am Law Daily talked to Morganti about the move.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
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