Popular Litigation Topics & News

  • Acadia Hit With Securities Suit Over Drug Linked To Deaths
    An Acadia Pharmaceuticals Inc. shareholder slapped the biopharmaceutical company with a putative securities fraud class action in California federal court Thursday, claiming the company inflated its stock price by hiding safety risks and downplaying reports of deaths connected to its treatment for hallucinations and delusions. ... Read more...
    Source: Law 360Published on 2018-07-20
    23 hours ago
  • IT Firm Investor To Pay $450K In SEC Judgment Over Fraud
    An investor in a bankrupt Illinois information technology company agreed on Thursday to pay the U.S. Securities and Exchange Commission $450,000 after he allegedly aided former top company executives in a fraud scheme to embezzle $4.1 million. ... Read more...
    Source: Law 360Published on 2018-07-20
    23 hours ago
  • House Panel Wants To Grill Puerto Rico Gov. On PREPA Crisis
    The U.S. House Committee on Natural Resources asked the governor of Puerto Rico on Thursday to send an administration official to speak at an upcoming panel hearing on mismanagement at the island's troubled electric utility, the Puerto Rico Electric Power Authority, amid mass turnover at the top. ... Read more...
    Source: Law 360Published on 2018-07-20
    1 day ago
  • Banks Say Firm’s Claims Don’t Belong In Swaps Antitrust MDL
    Eleven banks accused by fintech firm trueEX LLC of illegally boycotting its interest rate swaps platform and funneling business to an exchange they operated asked a Manhattan federal judge on Thursday to dismiss the suit, saying trueEX’s case is weaker than those of similar businesses in the multidistrict litigation. ... Read more...
    Source: Law 360Published on 2018-07-20
    1 day ago
  • Chancery Court Tosses Investor Challenge To Energy Co. Deal
    A Delaware Chancery Court judge on Friday rejected a challenge by a shareholder in Earthstone Energy Inc. to the company’s acquisition of Bold Energy III LLC, saying the shareholder failed to show private equity firm EnCap Investments LP forced the company into a raw deal. ... Read more...
    Source: Law 360Published on 2018-07-20
    1 day ago
  • ACADIA Pharmaceuticals Brings on Industry Vet as New Legal Boss
    The hiring of Austin Kim as GC comes just a few months after the U.S. Food and Drug Administration said it is re-evaluating ACADIA's Nuplazid, the only drug approved to treat hallucinations and delusions associated with Parkinson's disease psychosis.         ... Read more...
    Source: Litigation DailyPublished on 2018-07-20
    2 days ago
  • Edward A. Young and Guardians Trustee, LLC
    SEC Charges Wyoming Man for Offering Fraud Targeting Elderly Ministry Members ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-07-19
    2 days ago
  • Bhushan Dandawate
    SEC Charges Business Associate with Aiding and Abetting Accounting Fraud At Information Technology Company, Resolves Charges Against CFO Who Committed Underlying Accounting Fraud ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-07-19
    2 days ago
  • Centor Energy Inc. and Frederick DaSilva
    SEC Charges CEO and Oil Exploration Company with Lying About the Company's Prospects and Business Dealings ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-07-19
    2 days ago
  • Kimberly Pine Kitts
    SEC Charges Cape Cod-Based Investment Adviser with Fraud ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-07-19
    2 days ago
  • Steven J. Barber and Larry Lee Arrowood
    SEC Charges Officers of Florida Battery Company with Securities Fraud ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-07-19
    2 days ago
  • Litigators of the Week: This Defense Dream Team Is on a Roll Fighting for Employers
    In a span of less than two weeks, Orrick partners Lynne Hermle and Jessica Perry defeated class certification in closely watched gender bias cases against Microsoft and Twitter.         ... Read more...
    Source: Litigation DailyPublished on 2018-07-13
    1 week ago
  • Daily Dicta: In Charlottesville Suit, Robbie Kaplan and Karen Dunn Don’t Scare Easy
    Suing white supremacists is not for the faint of heart—but star litigators Roberta Kaplan and Karen Dunn are not backing down.         ... Read more...
    Source: Litigation DailyPublished on 2018-07-11
    1 week ago
  • Daily Dicta: Score One for the Conservative Establishment
    For an unconventional president, Donald Trump has now made two conventional Supreme Court picks—respected, well-qualified, conservative judges.         ... Read more...
    Source: Litigation DailyPublished on 2018-07-11
    2 weeks ago
  • ‘Something Went Horribly Wrong, but Nothing Was Done’ Ex-Wilson Elser Partner Says in Di...
    Former partner Kym Cushing said the stress of his position became too much, and he was in a "drunken stupor" when he deposited firm funds in his personal account.         ... Read more...
    Source: Litigation DailyPublished on 2018-07-10
    2 weeks ago
  • Potential Lawsuit: Insurance Company ER Services Denial Lawsuit Information
    Several insurance companies are refusing to cover emergency room visits, telling their policy holders/patients that they must pay for emergency services if the insurer deems the ER visit “unnecessary”. This new policy began with Anthem Insurance Company, which decides whether to pay an emergency room bill based on a doctor’s diagnosis — not the reason the patient went to the hospital. Health experts say this new policy will scare patients away from emergency departments – patients who could potentially have a life-threatening condition. Insurance attorneys are filing complaints against such insurers, claiming they violate federal and state law. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-07-10
    2 weeks ago
  • Potential Lawsuit: Intragastric Balloon Surgery Lawsuits Legal News and Lawsuit Information
    Intragastric balloon lawsuits are now taking shape after a dozen deaths were attributed to the recently-approved form of weight-loss surgery. As of June 2018, the Food and Drug Administration linked 12 deaths to the implantation of what appears to be a defective medical device. The most recent reports implicate the Orbera Intragastric Balloon, manufactured by Apollo Endosurgery Inc. and the Integrated Dual Balloon, which is manufactured by ReShape Lifesciences. Similar devices are manufactured by Obalon Therapeutics and Spatz Medical. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-06-26
    4 weeks ago