Trials Law360 provides breaking news and analysis of major state and federal trials across the U.S. Coverage includes on-the-ground reporting of trials from opening statements to sentencing, as well as pre- and post-trial disputes.
MassMutual and a class of hundreds of term life insurance policyholders faced off over dividends during closing arguments in a California trial Friday, with the class claiming MassMutual was ignoring the policies’ profits and MassMutual countering that the class was relying on a misleading manipulation of the numbers.
German prosecutors said Friday they will not extradite four Deutsche Bank traders to the U.K. to face charges that they manipulated a key European interest rate benchmark.
A former Massachusetts pharmacist convicted of recklessly mixing drugs that led to a 2012 meningitis outbreak must forfeit $175,000, or less than one-half of his salary from the roughly three years a jury decided his laboratory degenerated into a criminal enterprise, a federal judge decided on Friday.
A recent appeals court decision reaffirming Pennsylvania’s new scheme for defining strict liability in product defect cases underscores what defense attorneys say is the significant chasm between the current state of the law and how model jury instructions continue to lay out the concept.
A Texas federal judge on Thursday denied a bid for a new trial after a jury in January held that a medical company did not infringe the asserted claims of a health supplement patent, holding that the patent’s owner failed to introduce sufficient evidence to disturb the verdict.