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September 18, 2024 | Law.com

Allstate Sues String of Pharmacies Over Alleged Insurance Fraud

"As part of the scheme to defraud alleged herein, the pharmacy defendants entered into illegal kickback arrangements with no-fault clinics in the New York metropolitan area and unlicensed laypersons who work at or are associated with the no-fault clinics pursuant to which the no-fault clinics prescribed expensive, pre-formulated topical pain creams, gels, lotions and ointments dispensed and billed at exorbitant prices by [the pharmacies]," the complaint said.
3 minute read
September 18, 2024 | New York Law Journal

Harvey Weinstein Arraigned on Newly Unsealed Indictment

Weinstein pleaded "not guilty" to charges of criminal sexual act in the first degree.
2 minute read
September 18, 2024 | National Law Journal

DOJ Files Claims in Deadly Baltimore Bridge Collapse Seeking $100M

"The Justice Department is committed to ensuring accountability for those responsible for the destruction of the Francis Scott Key Bridge, which resulted in the tragic deaths of six people and disrupted our country's transportation and defense infrastructure," U.S. Attorney General Merrick B. Garland said.
2 minute read
September 18, 2024 | The American Lawyer

The 2024 Global 200: The Year Law Firms Had to Get Smart (And Ruthless)

Despite a 10-year low for worldwide M&A activity profit per equity partner at the top firms grew by 12.4%, as they pruned their equity ranks and closed offices.
8 minute read
September 18, 2024 | New York Law Journal

Allocation of Income From Restricted Share Units

"Determining the New York taxation of nonresident employees who receive deferred compensation adds an additional level of complexity," writes David E. Kahen.
7 minute read
September 18, 2024 | The Legal Intelligencer

2024 Election Litigation Will Be Just as Hectic as 2020 Despite Fewer Disputes, Attorneys Say

"It seems to have crept into the mindset of elected officials that, we have the election, and then we got to go to court," Kleinbard's Matthew Haverstick said.
6 minute read
September 18, 2024 | Daily Business Review

DOJ Sues Owner of Vessel that Destroyed Francis Scott Key Bridge

"There is a 53-page complaint and answer, and they detail in it the fact that they believe that they're entitled to be compensated," said one attorney.
5 minute read
September 18, 2024 | National Law Journal

Federal Reserve's Half-Point Rate Cut Expected to Have an Impact on Crypto Litigation, Experts Say

The Federal Reserve's actions could lead to bigger litigation budgets and a higher degree of risk tolerance in the cryptocurrency space, said Alex More, a partner and head of litigation of Carrington, Coleman, Sloman & Blumenthal.
3 minute read
September 18, 2024 | The American Lawyer

Nonequity Tiers Are Growing, but These Big Firms Say Path to Equity Remains the Same

Leaders of Paul Weiss, McDermott and Weil explain their firm's path to partnership approach—and the benefits from it.
6 minute read
September 18, 2024 | Corporate Counsel

GameStop CEO Fined $1M for Failing to Disclose Wells Fargo Investment

By March 2018, Ryan Cohen had amassed more than $100 million in Wells Fargo shares, the threshold for disclosure under the Hart-Scott-Rodino Act. But he didn''t submit the required filing until January 2023.
3 minute read