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New York Law Journal

Del. Court Orders Insurers to Provide Coverage in $486M Settlement of Pfizer NY Shareholder Dispute

A Delaware judge has ruled that two of Pfizer Inc.'s insurers must cover the costs associated with a $486 million settlement in a New York shareholder suit that accused the pharmaceutical giant of misleading investors about the health risks associated with two anti-inflammatory drugs.
4 minute read

New Jersey Law Journal

Celgene to Pay $55M to Settle Claims It Fixed Prices of Cancer Drugs

The drugmaker was accused of antitrust violations for allegedly interfering with development of generic versions of two of its drugs.
4 minute read

New Jersey Law Journal

3rd Circuit Finds Nonvoting Board Observers Not Liable in Shareholder Lawsuits

The appeals court reversed a decision by a federal judge in New Jersey finding Hayden Zou and L. McCarthy Downs III liable under Section 11 of the Securities Act for omitting negative financial information about Tibet Pharmaceuticals from its registration statement.
4 minute read

New York Law Journal

Marketing of CBD Products

For the businesses that wish to push forward on this uncertain landscape, cautious and strategic marketing may be the best—although not risk free—course of action.
11 minute read

Law.com

Opioid Negotiation Class Called 'Dangerous Model' as Objections Roll In

Pharmaceutical distributors and attorneys general in 39 states are among the entities that have objected to a proposal from lead plaintiffs attorneys aimed at reaching a nationwide opioid settlement.
5 minute read

Corporate Counsel

General Counsel to Leave Troubled Insys, Retention Bonus on the Line

Mark Nance joined the Phoenix-based company last October when it was facing criminal and False Claims Act allegations that it bribed doctors to prescribe one of its popular opioid drugs, Subsys.
3 minute read

Corporate Counsel

Another Chief Compliance Officer Arrested for Drug Company's Control Failures

James Barclay is the second chief compliance officer to be arrested by federal prosecutors in three months over their companies' illegal opioid sales.
3 minute read

Law.com

Opioid Companies Seek to Vacate Order Publicizing a Federal Drug Database

The emergency petition for writ of mandamus, filed Thursday before the U.S. Court of Appeals for the Sixth Circuit, comes after a firestorm of media publicity this week surrounding a DEA database showing the distribution of opioids.
6 minute read

New Jersey Law Journal

$6.2M Settlement Reached in Female Sales Reps' Equal Pay Suit Against Merck

The settlement, which got a judge's preliminary approval, resolves claims that Merck's compensation policy created incentives to discriminate against women in sales representative jobs by decreasing salaries of colleagues and managers of women who take maternity leave.
4 minute read

Law.com

Plaintiffs Lawyers Want Talk of 'Lawsuit Abuse' Out of the 1st Taxotere Trial

Plaintiffs lawyers suing over the breast cancer drug Taxotere filed motions this week to ensure that the first bellwether trial against Sanofi-Aventis U.S. LLC is not about them.
4 minute read

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