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CareFusion Announces Nonprosecution Pact, $41M Settlement Of Federal Probe
SAN DIEGO - CareFusion Corp. on April 25 announced that it will enter into a nonprosecution agreement and pay $41 million to settle a federal investigation into the sales and marketing of its...
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IBM Denied Summary Judgment In New York Copyright Case
NEW YORK - An effort by International Business Machines Corp. (IBM) to obtain dismissal of breach of contract counterclaims was thwarted April 25 by a New York federal judge (International Business...
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Supreme Court Won't Review Antitrust Case Involving Multiyear Contracts
WASHINGTON, D.C. - The U.S. Supreme Court on April 29 let stand a Third Circuit U.S. Court of Appeals divided ruling that there was sufficient evidence for a jury to have concluded that a manufacturer...
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Guarantor Must Pay Back Company's Loan, Federal Judge Rules
WEST PALM BEACH, Fla. - A federal judge in Florida on April 29 granted summary judgment to Branch Banking and Trust Co. (BB&T), which sued to recover on loans it acquired from a failed bank,...
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4th Circuit Finds It Lacks Jurisdiction To Review Security Clearance Revocation
RICHMOND, Va. - The Fourth Circuit U.S. Court of Appeals on April 25 affirmed the revocation of a federal employee's security clearance following his marriage, finding that it lacks jurisdiction to...
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MDL Sought By Plaintiffs Claiming Lipitor Cholesterol Drug Caused Their Diabetes
WASHINGTON, D.C. - Five plaintiffs on April 26 moved to create a multidistrict litigation for federal lawsuits in which plaintiffs claim that Pfizer Inc.'s Lipitor cholesterol drug caused them to...
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Employer Ordered To Turn Over Employee Information In Wage Payment Class Suit
MARTINSBURG, W.Va. - A retail employer must turn over employee records to a class plaintiff alleging that her former employer violated the West Virginia Wage Payment and Collection Act (WPCA) when it...
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Kodak Plans To Sell Imaging Businesses To Settle $2.8B In U.K. Pension Claims
NEW YORK - Bankrupt Eastman Kodak Co. on April 29 announced that it has reached a comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, which will settle $2.8...
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California Appeals Panel Revives Real Estate Agent's Personal Injury Claims
SAN FRANCISCO - The First District California Court of Appeal on April 26 overturned summary judgment for the defendants in a premises liability action, concluding that an inspection report of a...
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California Federal Judge Allows Medicaid Claims To Continue
OAKLAND, Calif. - A California federal judge on April 26 declined to dismiss a federal and state False Claims Act case brought against a nonprofit health center for alleged Medicaid violations (United...
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Justice Declines To Dismiss Insureds' Failure-To-Procure Suit Against...
JAMAICA, N.Y. - A New York justice on April 25 refused to dismiss policyholders' lawsuit against an insurance broker and an insurer regarding inadequate insurance coverage for an underlying verdict...
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Lenders In K-V Discovery Case: Disclosure Proper; Reorganization Should Proceed
NEW YORK - The post-petition lenders and a group of senior noteholders in the Chapter 11 bankruptcy of pharmaceutical company K-V Discovery Solutions Inc. on April 25 filed a brief arguing that the...
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Merck Wins Defense Verdict In 1st Fosamax Femur Case To Go To Verdict
TRENTON, N.J. - A New Jersey federal jury on April 29 quickly found that Fosamax did not cause a plaintiff's femur fracture, the first verdict in a case in which a plaintiff claims that the...
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Federal Judge Denies Motion To Reconsider Judgment In Favor Of FDIC
ASHEVILLE, N.C. - A federal judge in North Carolina on April 29 denied a borrower's motion to reconsider an order requiring him to pay funds owed on a promissory note to the Federal Deposit Insurance...
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Report: Slight Increase In Securities Lawsuit Filings In First Quarter
NEW YORK - The number of securities and business litigation and enforcement lawsuits filed in the first quarter of 2013 increased slightly from the fourth quarter of 2012, but the numbers were still...
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California Federal Magistrate Judge Approves $200,000 Unpaid Wage Settlement
SAN FRANCISCO - A California federal magistrate judge on April 26 granted final approval of a $200,000 settlement for a class of assistant store managers seeking compensation for overtime and missed...
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Court Finds Cleaning Company's Mold Disclaimer Was Not Unconscionable
CHARLESTON, W.Va. - A West Virginia court on April 26 affirmed a ruling in favor of a cleaning company that was hired to restore a house damaged by sewer backup, finding that a disclaimer issued by the...
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Insurer Found Liable For Harm To Contractor's Reputation Due To Its Bad Faith
TACOMA, Wash. - A contractor demonstrated that it suffered harm to its business relationship due to a commercial general liability (CGL) insurer's bad faith failure to defend it in an underlying...
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Committee In B456 Case Says GM's Claim Greater Than $27.91M Is 'Deficient'
WILMINGTON, Del. - The Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of B456 Systems Inc., the renamed version of alternative energy company A123 Systems, on April 29 filed a...
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Texas Senate Committee Approves Asbestos Medical Report Dismissal Legislation
DALLAS - The Texas Senate Committee on State Affairs on April 29 unanimously approved legislation dismissing asbestos claims with inadequate medical reports....(read more)
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