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Massachusetts

  • May 10, 2016

    Hospitals Can't Blame Gov't In Meningitis MDL, Judge Told

    Consumers in multidistrict litigation over a deadly 2012 meningitis outbreak told a Massachusetts federal judge Monday that a group of Tennessee hospitals shouldn’t be allowed to lay blame at the doors of state and federal government agencies during trial.

  • May 10, 2016

    SEC Says Newman Doesn’t Apply In Mass. Insider Trading Suit

    The U.S. Securities and Exchange Commission on Monday said the higher bar for insider trading claims set in the Second Circuit’s Newman decision doesn’t apply to a suit alleging a day trader acted on a tip provided by his then-girlfriend, a former Wells Fargo analyst, because the case is in Massachusetts court.

  • May 9, 2016

    Developer Gets 2 Years For Trading On Golfing Buddy's Tip

    A real estate developer was sentenced Monday by a Boston federal judge to two years in prison following his January conviction of profiting off an insider tip from an ex-bank executive golfing pal concerning Eastern Bank's planned acquisition of Wainwright Bank.

  • May 9, 2016

    Tenn. Hospitals Want Discovery Stays Lifted In Meningitis MDL

    With civil trials stemming from a deadly 2012 meningitis outbreak now slated to start before related criminal trials, orders staying certain depositions must be dissolved or else a Tennessee health network won’t be able to sufficiently defend itself, the provider told a Massachusetts federal judge Friday.

  • May 9, 2016

    Health Care Funds Push For Class Cert. In Celexa Drug MDL

    Health care fund providers seeking to recover money lost because of Forest Laboratories’ allegedly fraudulent promotion of its drugs in treating pediatric depression pressed a Massachusetts federal judge to certify their portion of the multidistrict litigation as a class, saying previous court rulings and common issues called for it.

  • May 6, 2016

    Biolitec Can't Re-Litigate $70M Contempt Order, 1st Circ. Says

    The First Circuit on Friday upheld a Massachusetts federal court’s order setting possible contempt sanctions against Biolitec AG in a patent dispute at $70 million, finding its untimely challenge to overturn the order “reeks of an attempt at re-litigation.”

  • May 6, 2016

    Macy's Rejects NLRB's Bid To Cite 4th Circ. Union Ruling

    Macy’s urged the Fifth Circuit Friday to ignore the National Labor Relations Board's attempt to cite a recent Fourth Circuit union-case ruling in the retailer's dispute involving cosmetics and fragrance employees who wish to create a separate bargaining unit at a Massachusetts store.

  • May 6, 2016

    Limelight Aims To Turn Loss To Advantage In $17M Dispute

    A Massachusetts federal judge's decision that Limelight Networks Inc. can't wedge new precedents into its $46 million patent battle with Akamai Technologies Inc. should also mean that Akamai can't pile $17.3 million worth of interest onto the eight-year-old judgment, Limelight argued Thursday.

  • May 6, 2016

    Notre Dame Seeks To Force Builders To Reveal $7M In Assets

    The University of Notre Dame urged a Massachusetts federal judge Thursday to ensure that a builder and developer, who an English arbitrator found are responsible for shoddy construction work, comply with the court’s order to disclose $7.2 million in assets.

  • May 6, 2016

    Intellia's $108M IPO Leads Pair Of Biotech Floats

    Intellia Therapeutics Inc., a preclinical biotech that develops gene editing therapies, priced an upsized initial public offering on Thursday, bringing in $108 million, as Spring Bank Pharmaceuticals Inc. reduced its already modest terms to pull down $11 million with its own IPO on Friday.

  • May 5, 2016

    MLS, Investors Dropped From Daily Fantasy RICO Case

    A racketeering suit swept up into the daily fantasy sports multidistrict litigation has dropped professional sports leagues and and other firms who invested in the industry as it narrows focus on industry leaders DraftKings and FanDuel and their payment processors, according to court filings Wednesday and Thursday.

  • May 4, 2016

    Elevator Co. Wants Red Sox Suit Over Fenway Park Fall Nixed

    Otis Elevator Co. on Wednesday urged a Massachusetts federal judge to throw out or pause the Boston Red Sox's lawsuit seeking indemnification in an underlying case filed by a woman who fell down an elevator shaft at Fenway Park, saying the woman's injury case should be litigated first.

  • May 4, 2016

    Boston IP Firm Settles With GPNE In $100M Malpractice Suit

    Occhiuti & Rohlicek LLP on Wednesday told a Massachusetts federal court that it has settled a $100 million malpractice suit brought by GPNE Corp. over a lapsed Japanese data communications patent and the suit was subsequently dismissed.

  • May 3, 2016

    Brady Calls Hail Mary With Olson Pick In Deflategate Fight

    New England Patriots quarterback Tom Brady and the NFL players union last week brought in famed appellate litigator and former U.S. Solicitor General Theodore Olson in what experts said is a last ditch effort to keep alive a challenge to Brady’s Deflategate suspension, against long odds.

  • May 3, 2016

    Builders Want Wall Around Assets In $7M Notre Dame Dispute

    A builder and developer urged a Massachusetts federal judge on Tuesday not to make them reveal $7 million in assets they could be forced to surrender if an English arbitrator makes them pay the University of Notre Dame for shoddy construction work on its London campus.

  • May 2, 2016

    1st Circ. Revives $5.9B MBS Suit Against Moody's

    The First Circuit on Monday revived the Federal Home Loan Bank of Boston’s $5.9 billion suit accusing Moody’s Corp. of falsely blessing risky mortgage-backed securities with high ratings, allowing a Massachusetts federal judge to decide whether to ship the case to New York.

  • May 2, 2016

    NFL Opposes Extra Time For Deflategate Rehearing Petition

    The NFL on Monday urged the Second Circuit not to give New England Patriots quarterback Tom Brady and the players union more time to push for a rehearing of the Deflategate appeal after Brady and the union brought on famed appellate advocate Ted Olson, arguing that an extension is contrary to the case’s expedited timeline.

  • May 2, 2016

    Mass. High Court To Gauge Reach Of Wynne In Bank Tax Case

    The Massachusetts Supreme Judicial Court is set to hear oral arguments Tuesday over a financial institution’s excise tax bill in a case that will test the reach of a recent decision by the U.S. Supreme Court that invalidated Maryland’s tax system for potential double taxation.

  • April 29, 2016

    Jury Clears Trio Charged In $1.6B Wynn Casino Land Deal

    A Massachusetts federal jury on Friday cleared three landowners of all claims of wire fraud and conspiracy to commit wire fraud in connection with a land purchase deal for Wynn Resorts Ltd.’s $1.6 billion casino resort project, according to defense lawyers.

  • April 29, 2016

    1st Circ. Revives USA Today App User's Privacy Class Action

    The First Circuit on Friday revived a USA Today smartphone app user’s putative class action alleging the paper’s parent Gannett illegally collected his browsing data to sell to advertisers, ruling the app user, unlike a website user, is a “subscriber” protected by federal privacy law.