AstraZeneca Pharmaceuticals LP was hit with a proposed wage-and-hour class action Wednesday, which joined similar suits against the pharmaceutical giant in at least three other states.
Plaintiffs in an ongoing antitrust class action over alleged price-fixing by graphics chip makers should not burden the defendants with an expensive discovery process until they first articulate a “plausible entitlement to relief,” the chip makers said on Thursday.
Plaintiffs in an ongoing antitrust litigation against Pharmacy Benefit Managers on Tuesday opposed the PBM's arguments to deny plaintiffs class action status under the new Supreme Court ruling in Bell Atlantic v. Twombly.
A federal judge in Manhattan has refused to grant class action status to a breach of contract suit against Metropolitan Life Insurance Co. brought by all retired MetLife insurance agents who sold property and casualty insurance during their employment with the company.
Discovery in the ongoing antitrust case against SRAM flash memory chip producers was postponed on Tuesday, when a judge agreed to give the U.S. Department of Justice more time to finish investigating the companies for criminal violations.
Two employees of bankrupt Mortgage Lenders Network USA Inc. have filed a lawsuit against the company, alleging they were not properly warned before they were terminated from their jobs, and are entitled to compensation.
Dynamic Random Access Memory (DRAM) manufacturers accused of colluding to manipulate the market won a slight victory on Friday, after a federal judge agreed to dismiss most of the antitrust claims in the case.
Securities trader Sea Carriers LP placed a hefty $4 billion claim against NYSE Euronext, owner of the New York Stock Exchange, on Friday for allegedly creating an inferior submarket for those who used the NYSE's SuperDOT electronic trading system.
The parties in a multidistrict litigation alleging price-fixing of resins used to make molds for cast metal have agreed to a stay in the case while an appellate court mulls over an appeal of last month’s order granting the plaintiffs class certification.
On the heels of warnings from federal regulators over the safety of its diabetes drug Avandia, GlaxoSmithKline is facing what may be the first of many product liability lawsuits over claims that it failed to disclose that the popular drug may significantly boost the risk of heart attack and heart-related death.
A high-ranking lawyer has hit General Electric Co. and its chairman with a $500 million lawsuit alleging a systemic, companywide policy of sex discrimination.
A judge in Manhattan has thrown out a putative class action against American International Group Inc. and First SunAmerica Life Insurance Co. that accused the insurance companies of defrauding purchasers of bonus annuity contracts out of millions of dollars.
A long-running wage-and-hour lawsuit filed against Novartis Pharmaceuticals Corp. grew a size on Thursday, with a slew of new plaintiffs joining the suit, which alleges the drug maker failed to pay its sales representatives overtime and provide rest and meal breaks.
The U.S. Department of Justice on Wednesday intervened in an ongoing antitrust case against SRAM flash memory chip producers, asking the court to postpone discovery motions in the civil case until it had finished investigating criminal violations.
The latest bad news for the world's biggest big box retailer, employees of Wal-Mart Stores Inc. won class certification Thursday in a lawsuit alleging the company altered time cards and deprived employees of breaks.
Attorneys for the plaintiffs in a putative securities class action against American Express Co. have asked a judge to give final approval to a hard-fought settlement deal worth more than $100 million.
A federal judge has dismissed Grant Thornton’s spoliation counterclaim, handing Parmalat Chief Executive Officer Enrico Bondi a victory in his long-standing campaign to hold the underwriters of the Italian dairy giant accountable for its collapse.
Power company Allegheny Energy Inc. is just one step away from bringing an end to a long-running consolidated class action filed against the company over financial omissions and misstatements.
An amended complaint has been filed in part of the long-standing multidistrict antitrust litigation against urethane manufacturers and distributors alleging almost a decade of anti-competitive conduct.
A state court judge has approved a $6.8 million settlement for a class action lawsuit brought on behalf of 12,000 policyholders who sued State Farm Florida Insurance Company to recover the costs of replacing screens damaged by hurricanes Wilma and Katrina.