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• ANTITRUST Generic drug maker to pay health insurers $69M BOSTON (AP) A District of Columbia federal judge has awarded $69 million in damages to Blue Cross and Blue Shield of Massachusetts Inc. and three other health insurers that sued a generic drug maker. The ruling comes nearly three years after a jury ruling found that Mylan Laboratories Inc. violated antitrust laws. The plaintiffs had alleged Mylan used licensing agreements with business partners to overcharge for two generic versions of popular anti-anxiety drugs. NCAA sets aside $10M to settle with ex-athletes INDIANAPOLIS (AP) � The National Collegiate Athletic Association plans to ease restrictions on educational expenses for current student-athletes while setting aside $10 million to reimburse former athletes as part of a tentative class action settlement. The agreement, which a judge must approve and both sides review before becoming final, stems from a federal antitrust lawsuit filed in February 2006 by two former football players and a former basketball player from California. The plaintiffs argued NCAA limits on scholarships, which cover tuition, books, housing and meals, are an unlawful restraint of trade because of the billions of dollars generated from television, radio, licensing and other agreements through major college football and basketball. • BREACH OF CONTRACT Merrill Lynch pays city $13.9M to settle dispute BOSTON (AP) � Merrill Lynch & Co. will reimburse the city of Springfield, Mass., $13.9 million to settle a dispute over investments that soured and became the focus of investigations by state regulators. The brokerage firm said in a statement that it settled after a review showed that Springfield officials never gave explicit permission to invest in the securities, many of which were related to the troubled subprime mortgage market. The settlement came after Attorney General Martha Coakley and Secretary of State William Galvin began probing the investments, which officials said were too risky for municipal funds. Springfield’s finances have been under the supervision of a state-dominated control board since 2004. • DAMAGES Ore. court again upholds Philip Morris punitives PORTLAND, ORE. (AP) � The Oregon Supreme Court for a third time has left standing a $79.5 million punitive damages judgment against Philip Morris, an award twice struck down by the U.S. Supreme Court, which suggested it was excessive. The money was for the family of Jesse Williams, a former Portland janitor who started smoking during a 1950s Army hitch and died six months after he was diagnosed with lung cancer in 1997. The Oregon high court’s decision did not take issue with the U.S. Supreme Court’s 2007 ruling, Philip Morris v. Williams, 127 S. Ct. 1057, which said that when juries assess punitive damages, they can punish a defendant only for the harm done to the people suing. Instead, the court said jury instructions proposed by Philip Morris at the trial had other defects, so a judge’s decision not to allow them was correct. The U.S. Supreme Court initially rejected the award on the ground that punitives should be held to no more than nine times actual economic damages. In the Williams case, the family was awarded $521,000 in actual damages. The punitives were about 150 times greater. The Oregon high court then upheld the punitives citing “extraordinarily reprehensible” conduct on the part of Philip Morris. • POLLUTION City, residents settle contaminated soil suit BUFFALO, N.Y. (AP) � Buffalo city officials have approved a $7.2 million settlement for residents of a city-subsidized housing development built on contaminated soil. The settlement ends lawsuits filed eight years ago after Hickory Woods residents learned of contaminants in the soil left over from steelmaking operations on the south Buffalo site. • PRICE-FIXING Insurer pays $12.5M to settles bid-rigging claims HONOLULU (AP) � American International Group Inc. has agreed to pay Hawaii, eight other states and the District of Columbia $12.5 million to resolve charges that some of the company’s subsidiaries engaged in price-fixing. The states allege AIG and several of its subsidiaries participated in an intricate bid-rigging scheme with Marsh & McLennan and other insurance brokers that led to policyholders being overcharged. • WAGES AND HOURS Services provider pays $10M to settle claims PALM BEACH GARDENS, FLA. (AP) � Dycom Industries Inc., which provides contracting services to telecommunications businesses, said it has agreed to settle wage-and-hour claims against three of its subsidiaries for up to $10 million. The claims against UtiliQuest LLC, STS LLC and Locating Inc. units date from 2003 through Jan. 31, 2007.

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