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December 08, 2006 |

CIGNA Pays $93 Million To Settle Stockholder Suit

CIGNA Corp. has agreed to pay $93 million to settle a securities fraud suit that accused the company of hiding the fact that it was experiencing significant problems in an overhaul of its computer systems, and that its stock price plummeted by 45 percent when news of the problems was disclosed.
3 minute read
January 24, 2001 |

Judge Raises Concerns Over Holocaust Pact

Fearing a proposed victim compensation fund could be diluted by other claimants, a federal judge in New York expressed reservations about the settlement of claims made by Holocaust survivors against German banks. Judge Shirley Wohl Kram said Wednesday that the funds could be the object of claims by victims who had accounts in Austrian banks that were looted by German banks in collaboration with the Nazis.
4 minute read
April 22, 2004 |

Linerboard Suit Brings $202 Mil. In Settlements

A class action antitrust suit against the leading manufacturers of corrugated paper products has resulted in more than $202 million in settlements now that a federal judge has granted final approval of the final two settlements.
6 minute read
April 26, 2004 |

Pa. Judge OKs Settlement of Suit Between IBC, Doctors

A Philadelphia judge has approved a class action settlement worth $40 million to $60 million in a suit against Independence Blue Cross by doctors and other health care providers who said the insurer's reimbursements were unfair and its secret calculations impossible to check. IBC has agreed to disclose fee schedules, stop "bundling" multiple health care services into a single code for reimbursement, and comply with nationally recognized coding standards.
5 minute read
Answer in the Form of a Question: Who Is Richard Cordray, the Ohio AG (and Former Jeopardy! Champ) Who's All over the Latest Securities Litigation Headlines?
Publication Date: 2009-11-20
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With a new class action filing against the ratings agencies, Cordray is strengthening the case that he's the Midwest's answer to Andrew Cuomo.

Pay-to-Delay Class Action Dismissed Against Merck and Upsher-Smith
Publication Date: 2010-03-25
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Court challengers to so-called "pay-to-delay" deals have had a rough go of it lately. The latest defeat was suffered by hospitals, HMOs, and other direct purchasers of a potassium chloride supplement called K-Dur.

January 31, 2001 |

Class Dismissed: Judge Denies Class Status for Race Bias Suit

A federal judge refused to certify a class action race discrimination suit brought by black workers at Hygrade Food Products Corp. after finding that Title VII cases are no longer appropriate for class treatment due to the provisions of the Civil Rights Act of 1991 that allow for compensatory and punitive damages.
7 minute read
February 28, 2002 |

HMOs Under No Duty to Disclose `Incentives` Offered to Doctors

HMOs won another major court victory this week when a federal judge ruled that they do not have an affirmative duty under ERISA to disclose financial incentives they pay to primary care doctors to ration health care by limiting referrals to specialists.
7 minute read
March 07, 2002 |

HMOs Have No Duty to Disclose `Incentives` Offered to Doctors

HMOs won another major court victory recently when a federal judge ruled that they do not have an affirmative duty under ERISA to disclose financial incentives they pay to primary care doctors to ration healthcare by limiting referrals to specialists.
7 minute read

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