Turing Pharmaceuticals' decision to exponentially increase the price of a drug used to treat complications of AIDS prompted widespread outrage, but reports that the specialty drugmaker has restricted access to the drug to thwart generic competition could land the company — and others that use the same tactic — in antitrust trouble.
A California federal judge signed off Thursday on a deal that ends an antitrust case accusing HTC Corp. of conspiring with other cellphone manufacturers to refuse to license intellectual property held by a company led by an attorney once described as "the original patent troll."
A New Jersey federal judge on Thursday refused to dismiss most of the criminal charges in the corruption case against U.S. Sen. Robert Menendez, D-N.J., and a Florida eye doctor, holding that the defendants failed to shoot down the government's allegations of corruption and bribery.
U.N. Secretary-General Ban Ki-moon has requested an audit of two nongovernmental organizations linked to allegations that disgraced former General Assembly President John Ashe orchestrated a $1.3 million bribery scheme, Ban’s spokesman announced Thursday.
The California State Teachers’ Retirement System cannot intervene as a plaintiff in a class action alleging yen-denominated Libor rate-fixing by banks including Deutsche Bank, HSBC and several Japanese banks, a New York federal judge ruled Thursday.
The former CEO for pharmaceutical marketing company Access Communications who was convicted of perpetrating a fraud scheme that cost his company millions deserves 51 months in prison, the federal government told a New York federal judge Wednesday.
The Consumer Financial Protection Bureau took a tough line Thursday on so-called marketing services agreements among firms that provide closing services on real estate transactions, saying such deals pose the risk of lenders engaging in illegal kickbacks.
A Kentucky grand jury has indicted three auto parts executives for their alleged roles in a conspiracy to fix the prices of body sealing products sold to Honda and Toyota, the U.S. Department of Justice announced Thursday.
Sen. Al Franken, D-Minn., on Thursday urged U.S. officials to thoroughly scrutinize the proposed tie-up between Charter Communications Inc., Time Warner Cable Inc. and Bright House Networks LLC, voicing concerns that the deal could negatively impact the quality and affordability of broadband and cable services for consumers.
A former Deutsche Bank currency trader pled guilty Thursday in New York federal court to charges alleging an eight-year plot to manipulate the published value of the key Libor interest rate, the U.S. Department of Justice said.
Indirect purchasers in massive multidistrict litigation alleging price-fixing by cathode ray tube manufacturers have objected to a $577 million case settlement and a request by their lead counsel for a fee award of 33 percent of the settlement, arguing the deal is unfair and the fees excessive.
Beleaguered FIFA President Joseph “Sepp” Blatter has been suspended for 90 days amid a wide-ranging investigation into corruption within the business of global soccer and a new criminal case against Blatter by Swiss authorities.
Anheuser Busch on Thursday came to the defense of its hefty bid for rival brewer SABMiller, saying it is "surprised" that SABMiller rejected the £65.2 billion ($99.8 billion) offer.
While Delta and Southwest Airlines both made their cases to a Texas federal judge Wednesday on why they deserve to control gates at a publicly owned airport, the city of Dallas said it was neutral, but urged a preliminary decision amid competition concerns.
Under pressure from Republican lawmakers, Federal Trade Commission Chairwoman Edith Ramirez on Wednesday said that proposed legislation to align the legal standards used by the FTC and U.S. Department of Justice to block mergers would create uncertainty among the courts.
A whistleblower on Wednesday blasted Celgene Corp.'s bid to exclude evidence in a False Claims Act suit over alleged off-label marketing of two cancer drugs, telling a California federal court the pharmaceutical company was simply trying to evade $700 million in damages owed to several states and the federal government.
A Florida federal judge overseeing multidistrict litigation accusing Johnson & Johnson Vision Care Inc. and other contact lens manufacturers of artificially inflating prices using unilateral pricing policies on Wednesday appointed Hausfeld LLP, Robins Kaplan LLP and Scott & Scott LLP as co-lead counsel.
Attorneys for FIFA President Joseph "Sepp" Blatter said Wednesday that the international soccer governing body’s ethics committee has not told Blatter about any disciplinary action, despite rumors that the committee had recommended a suspension amid corruption allegations from Swiss prosecutors.
Hunton & Williams LLP on Wednesday announced that it has shored up its advertising, consumer protection and privacy practices with the addition of a former chief of staff of the Federal Trade Commission’s advertising practices division, who championed revamping children’s online privacy protection rules.
The U.S. Department of Health and Human Services' internal watchdog released a policy alert warning on Tuesday, saying health care companies that prevent patient electronic health records from being shared, known as "information blocking," will not benefit from a safe harbor to federal anti-kickback laws.
In a testy preview of former New York State Assembly Speaker Sheldon Silver's November kickbacks and corruption trial, the ex-lawmaker's counsel scrapped with prosecutors Wednesday in New York federal court over how to pick jurors and the pace of evidence-sharing.
A recent action against Hitachi Ltd. is further evidence of the U.S. Securities and Exchange Commission’s ability to use its expansive reach under the Foreign Corrupt Practices Act’s accounting provisions to police bribery and bribery-related conduct that it may not be able to reach under the anti-bribery provisions, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.
Although sales of laboratory outreach businesses can help hospitals and health systems redeploy resources to core services and operations, anti-kickback statute concerns can be raised by the sale of such businesses if compensation paid to the hospital or health system exceeds what is consistent with fair market value for the business that is acquired, says Paul Gomez of Epstein Becker & Green PC.
It is unlikely that the Ohio federal court's decision in Federal Trade Commission v. Steris will affect the viability of the future competition theory. However, some of the more practical elements of the case include a possible judicial roadmap for the review of mergers involving a potential market entrant, say Barbara Sicalides and Benjamin Eichel of Pepper Hamilton LLP.
After the government's victory against Tuomey Healthcare System Inc., we have seen more large False Claims Act settlements with hospitals involving Stark Law allegations — relators are even citing as evidence of ongoing recklessness that hospital executives have been emailing articles about the Tuomey case to their staff, say Tony Maida and T. Reed Stephens of McDermott Will & Emery LLP.
Given the times we live in, it is almost inevitable that everyone will, sooner or later, need to consult with legal counsel. With that in mind, I thought it might be interesting to discuss a few things that clients just won't tell their lawyers, says Francis Drelling, general counsel of Specialty Restaurants Corp.
Although trade and professional association codes of ethics are generally viewed as promoting competition, the antitrust agencies continue to scrutinize restrictions that prevent members from competing against each other — exemplified by the Federal Trade Commission's recent proposed consent order against the National Association of Animal Breeders. Attorneys with Venable LLP explain how to limit potential risk.
While the National Collegiate Athletic Association may claim a win over not having to make payments to athletes for licensing their names, images and likenesses, that victory should be tempered by both the Ninth Circuit’s refusal to give the NCAA any level of immunity from antitrust scrutiny and the possibility of loss on appeal, says Timothy Epstein of Duggan Bertsch LLC.
When Avon Products Inc. first learned about potential Foreign Corrupt Practices Act problems in China, it simply directed that internal control measures be instituted at the subsidiary, with no follow-up on the compliance initiatives. By the time Avon began a full-blown internal investigation, much of the damage had been done, say Riyaz Dattu and Sonja Pavic of Osler Hoskin & Harcourt LLP.
The Antitrust Division’s grand jury investigation of the massive capacitors industry had been relatively quiet until the U.S. Department of Justice's recent announcement of criminal charges against NEC Tokin Corp. The first guilty plea changes the question from "Was there a capacitor cartel?" to "How deep does this go?” says Robert Connolly, a partner with GeyerGorey LLP and former chief of the Antitrust Division’s Philadelphia field office.
After recently hearing a young trial lawyer start his opening statement with the Paul Harvey approach, I feel motivated to set out the reasons why defense lawyers should not use this technique anymore, says Dr. Ross Laguzza of R&D Strategic Solutions.