County Can't Pursue Own Avandia False Ad Claims: Judge

Law360, New York (October 28, 2011, 3:39 PM EDT) -- A Pennsylvania federal judge ruled Wednesday that a California county can't personally pursue a false advertising suit in multidistrict litigation over GlaxoSmithKline PLC's alleged concealment of the risks of diabetes medication Avandia, but that it can assert the claims on behalf of state residents.

In partially granting GSK's motion to dismiss the suit in, Judge Cynthia M. Rufe found that California's False Advertising Law does not allow the county of Santa Clara, Calif., to bring a suit — which alleges that GSK downplayed the cardiac risks...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.