During nearly four years at the helm of the Federal Trade Commission, outgoing Chairwoman Edith Ramirez built a reputation for being unafraid to go to court to tackle anti-competitive mergers, leaving a string of high-profile wins in her wake.
The U.K. Competition and Markets Authority revealed three project director appointments Thursday, including an internal promotion and the hire of a Reckitt Benckiser Group PLC compliance professional.
Four former executives of Insys Therapeutics pled not guilty Thursday of a scheme to pay doctors kickbacks for prescribing opioid painkillers at their first appearance in Boston federal court.
The chief executive of Walgreens' parent company said Thursday that the drugstore giant has no “plan B” in place if its $17.2 billion merger with Rite Aid falls apart, noting that the company has been working hard to give the Federal Trade Commission the assurance it needs to greenlight the transaction.
Mylan Inc., Teva Pharmaceuticals USA Inc., Endo International PLC and nine other drugmakers conspired to substantially jack up the price of generic blood pressure medication propranolol, in violation of the Sherman Antitrust Act, a Puerto Rico-based company said in a proposed class action filed on Thursday in New York federal court.
Warner Chilcott lost a bid Wednesday to force wholesalers and others to produce sales data in their pay-for-delay antitrust litigation over ulcerative colitis drugs despite claiming it needed the discovery to avoid duplicative damages.
A British arbitrator charged by Malaysian authorities with soliciting a $1.3 million bribe to rule in a company’s favor and lying about his impartiality to be appointed to its case was sentenced to six months in jail on Thursday, according to media reports.
A Wisconsin federal judge refused Wednesday to overturn a man's 2012 conviction for bribing a leader of the Ho-Chunk Nation to secure better treatment for vendors who wanted to do business with the tribe, saying none of the man’s challenges to his conviction support vacating it.
Five Blue Cross Blue Shield plans that last month lost an attempt to escape multidistrict litigation alleging a vast price-fixing conspiracy on Wednesday asked an Alabama federal court to certify an interlocutory appeal to the Eleventh Circuit to answer questions about jurisdiction.
The Tenth Circuit on Wednesday affirmed $5.5 million in attorneys' fees awarded to several energy companies targeted by oil tycoon Jack Grynberg in long-running, whistleblower multidistrict litigation alleging anti-competitive practices, concluding a lower court correctly held that Grynberg's False Claims Act allegations against the companies were frivolous.
A former currency trader for Barclays PLC on Wednesday became the first person to plead guilty in the long-running global investigation of price-fixing on the foreign currency exchange market, according to the U.S. Department of Justice.
A New York City Police Department union on Tuesday accused Actavis, Mylan, Teva and a handful of other drugmakers of conspiring to inflate the price of the generic cholesterol drug pravastatin sodium in a potential class action in Pennsylvania federal court.
An attorney filed a “frivolous” motion in late December in multidistrict litigation concerning cathode ray tubes as a way to “annoy and harass” lead counsel Trump Alioto Trump & Prescott LLP during the recent holiday period, Trump Alioto alleged Wednesday.
A Pennsylvania federal judge on Wednesday advanced the bulk of generic-drug manufacturer Amneal’s claims in its suit accusing drugmaker Indivior PLC of embarking on a product-hopping scheme to stave off generic competition to the opiate addiction treatment Suboxone.
A California federal judge overseeing multidistrict litigation concerning an alleged price-fixing conspiracy in the seafood industry on Tuesday dismissed claims regarding packaged seafood but allowed most accusations of rigging the tuna market to continue.
A D.C. federal judge struggled Wednesday with what to make of Anthem Inc.’s claims that its $54 billion merger with Cigna Corp. will generate enormous medical savings for consumers, as a marathon bench trial of the government’s challenge to the mega-deal came to a close.
Former New York state pension strategist Navnoor Kang and former Sterne Agee managing director Deborah Kelley denied bribery and obstruction charges Wednesday in New York federal court, where prosecutors say Kang steered $2 billion of investor dollars toward Kelley and others in exchange for cash, prostitutes and drugs.
Prudential Retirement Insurance and Annuity Co. has beaten a proposed class action alleging it operates a pay-to-play scheme by forging agreements with mutual funds the suit likens to kickbacks after a Connecticut federal judge ruled Prudential isn’t a fiduciary for a plumbing supplies wholesaler’s retirement plans.
A Tenth Circuit decision that U.S. Securities and Exchange Commission administrative law judges should be appointed under the U.S. Constitution reinforces why a Total SA unit's fight over gas market manipulation penalties must be conducted in federal court and not before the Federal Energy Regulatory Commission, Total told the Fifth Circuit on Tuesday.
A potential class of Allergan PLC shareholders told a New York federal court that the drugmaker and its executives failed to disclose that they were part of a scheme to rig generic drug prices, leading to a plunge when it was announced the U.S. Department of Justice had launched an investigation.
Freddie Mac, the Federal Deposit Insurance Corp. and Principal Financial Group Inc. have asked a New York federal judge to reconsider last month’s dismissal of some of their allegations regarding an alleged conspiracy by big banks to rig the London Interbank Offered Rate, saying the court overlooked key facts.
Republican leaders appear determined to wrap up a week early to allow more time at the start of the 115th Congress in January 2017 for consideration of resolutions of disapproval of “midnight” regulations issued by the outgoing Obama administration under the Congressional Review Act, say Richard Hertling and Kaitlyn McClure of Covington & Burling LLP.
Currently, little is known for certain about how Trump's administration will influence the insurance industry. However, Thomas Rohback and Patricia Carreiro of Axinn Veltop & Harkrider LLP discuss some of the potential challenges and opportunities likely to arise once Trump comes into office.
Parties to transactions with global dimensions often grapple with determining, and communicating to the market, the likely timeline for completing a transaction. Attorneys with Latham & Watkins LLP look at 12 recent large global transactions to analyze the timing and sequence of competition clearances in multiple countries.
The World Bank Integrity Vice Presidency's recently released annual report is a helpful document that provides parties participating in contracts involving World Bank financing with insight into the types of investigations handled by the bank, the investigation and sanctions process, and investigation and enforcement priorities for the coming year, say attorneys with Akin Gump Strauss Hauer & Feld LLP.
As law firms and clients conduct more business on a regional or national scale, multijurisdictional practice is becoming more prevalent for practicing attorneys. Attorneys engaged in both private practice and as in-house counsel need to be aware of the ethical risks of practicing across jurisdictions — including the implications of engaging in the unauthorized practice of law, say Melinda Gentile and Monique Cardenas of Peckar & Abramson PC.
In recent months, agencies not traditionally involved in the labor and employment realm have issued guidance impacting future iterations of employee handbook and code of conduct policies. Along with the guidance comes substantially higher consequences for failure to comply, including potential criminal prosecution, say Celina Joachim and Ryan Vann of Baker & McKenzie LLP.
The $97 million fine recently imposed on Tetra Pak shows that loyalty rebates may be challenged in China, and raises new antitrust compliance questions, say attorneys with Tian Yuan Law Firm.
It is increasingly necessary for law firms to implement strategies to improve efficiency, staffing and value to meet client needs. Haley Altman, CEO and co-founder of Doxly Inc., discusses how to successfully leverage analytical tools and emerging technology to increase profitability.
Attorneys with Miller & Chevalier Chtd. highlight the third quarter’s most significant cases and government investigations impacting corporate executives.
With the potential of new blood soon coming into the Federal Communications Commission, the FCC may shift at least some of its attention back to broadcasting issues. Anne Crump of Fletcher Heald & Hildreth PLC discusses who the next FCC chairman might be, and what else the future might hold for the commission.