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By Max Mitchell | July 11, 2018
Overconfident statements Walgreens officials made as its proposed merger with Rite Aid began to show signs of crumbling possibly misled shareholders, a federal judge has ruled in declining to dismiss a shareholder class action suit against the pharmacy company.
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By Tal J. Lifshitz and Rachel Sullivan | July 10, 2018
Class action defendants are attempting to rewrite longstanding principles of personal jurisdiction, trying to defeat certification of nationwide classes by arguing that a court lacks personal jurisdiction over out-of-state class members' claims where the defendant does not reside in the court's forum state.
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By Amanda Bronstad | July 6, 2018
A federal judge has vacated a $140 million verdict over “low testosterone” treatments after finding that the jury's findings were inconsistent.The…
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By Amanda Bronstad | July 6, 2018
The ruling is another setback for plaintiffs lawyers in the low-testosterone multidistrict litigation.
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Delaware Business Court Insider
By Tom McParland | July 5, 2018
Investors in Pennsylvania-based AmerisourceBergen Corp. have sued in Delaware for access to books and records of the pharmaceutical firm, stating that they are considering launching a civil lawsuit over a scheme by its subsidiaries to skim and repackage cancer drugs for sale across the country.
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By Amanda Bronstad | July 3, 2018
The Missouri Court of Appeals decision on June 29 is the third ruling to reverse a jury award against Johnson & Johnson over its baby powder, which thousands of lawsuits have alleged caused women to get ovarian cancer.
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By Andrew Denney | June 28, 2018
CVS Pharmacy has agreed to pay $1.5 million to settle claims that some of its stores in Nassau and Suffolk counties failed to swiftly report when opioids were lost or stolen.
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By Scott Graham | June 25, 2018
The question is whether disclosure of a private distribution agreement in an SEC filing constitutes a "sale" that starts the clock running on a patent application.
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By MP McQueen | June 22, 2018
The NY Department of Financial Services has issued a circular letter warning insurers against discriminating against New Yorkers who use HIV prevention medications. It also issued a letter reminding health insurers that selling short-term, limited duration policies remains illegal in the state, despite a proposed federal rule by the Trump administration.
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By Kristen Rasmussen | June 20, 2018
Jonathan Biller, Celgene's senior vice president for tax and treasury and the Summit, New Jersey-based company's treasurer since 2011, will step in as the top lawyer on July 3.
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS