Top News

  • February 23, 2010

    EPA Stands By GHG Plan, But Lengthens Time Line

    U.S. Environmental Protection Agency Administrator Lisa P. Jackson on Tuesday defended the agency's intention to push ahead with greenhouse gas emission regulation for stationary and mobile sources, albeit at a slower pace, responding to lawmakers' economic and scientific concerns.

  • February 22, 2010

    House Panel Says Toyota Misleading Public On Safety

    Two members of the U.S. House Energy and Commerce Committee, which is planning a hearing on Toyota Motor Corp.'s recalls, have accused the company of failing to conduct a systematic investigation into sudden unintended acceleration in its vehicles and of making misleading statements about the issue to the media.

  • February 22, 2010

    5th Circ. Rules For AT&T In 'Triple Play' Antitrust Suit

    A federal appeals court has let AT&T Inc. off the hook in a proposed class action alleging the telecommunications company and several subsidiaries violated antitrust law by entering agreements with apartment building owners to be their exclusive provider of telephone, video and Internet “triple play” services.

  • February 22, 2010

    High Court Seeks SG Input On Procrit Whisteblower Suit

    The U.S. Supreme Court has asked that the solicitor general weigh in on whether a whistleblower can bring kickback claims against Ortho Biotech Products LP after the alleged scheme was already revealed in a multidistrict litigation.

  • February 22, 2010

    Supreme Court Won't Hear PIMCO Class Cert. Challenge

    The U.S. Supreme Court has declined to weigh in on a class certification order affirmed by a federal appeals court in a suit accusing Pacific Investment Management Co. LLC of monopolizing a futures market.

  • February 22, 2010

    New Fees, Oversight In White House Health Care Bill

    The White House on Monday unveiled its comprehensive proposal for health care reform legislation, tweaking aspects of bills passed by the U.S. House of Representatives and Senate and dropping some of the most controversial provisions in hopes of mustering enough bipartisan support to ensure passage of the reform package.

  • February 19, 2010

    Savvy Firms Seek Business Through Crisis Management

    In the wake of what is widely considered to be Toyota Motor Corp.'s botched response to a series of massive vehicle recalls, law firms are seeing an opportunity to offer comprehensive legal crisis management services, but they have to tap the market strategically.

  • February 19, 2010

    US, Tobacco Cos. Petition High Court Over RICO Ruling

    The U.S. government and several tobacco companies have asked the U.S. Supreme Court to review a landmark ruling over the companies’ alleged concealment of the effects of smoking, with the U.S. seeking the power to request as much as $280 million in disgorgement.

  • February 19, 2010

    Ford Hit With $23.4M SUV Rollover Award

    In the latest setback in Ford Motor Co.'s long-running Explorer rollover debacle, a California jury has reportedly awarded a $23.4 million verdict to a woman who became a quadriplegic after an accident in 2007.

  • February 19, 2010

    Hologic, J&J Unit Strike $12.5M Deal In Biopsy IP War

    Medical device company Hologic Inc. has agreed to pay $12.5 million to end a long-running patent battle with Johnson & Johnson unit Ethicon Endo-Surgery Inc., putting to rest three lawsuits over biopsy products.

  • February 19, 2010

    Leap Wireless Settles Securites Class Suit For $13.8M

    Wireless communications provider Leap Wireless International Inc. has struck a $13.75 million deal to resolve a putative securities class action accusing it and several executives of making misrepresentations and omissions that inflated its stock price and ended up costing investors hundreds of millions of dollars.

  • February 19, 2010

    Sick Days Not Meant For Family Care: Calif. High Court

    In a reversal, California's high court has determined that under state law, companies that allow employees to take paid time off when they are sick need not let them use paid sick leave to care for ill family members.

  • February 19, 2010

    Alcatel To Pay €93M To End Bribery Investigation

    The telecommunications equipment provider Alcatel-Lucent reportedly has agreed to pay €93 million ($126 million) to end investigations into alleged bribery in several countries.

  • February 18, 2010

    Early Moves In Court Could Limit Toyota Recall Liability

    With at least one expert estimating that Toyota Motor Corp. could be on the hook for up to $5 billion in legal claims, now is the time for the beleaguered carmaker to put together a litigation strategy that could minimize the damage resulting from its mass recalls, experts said.

  • February 18, 2010

    $311M EU, US Zeroing Fight Bound For WTO Arbitration

    The federal government has objected to the European Union's bid to impose at least $311 million in tariffs against the U.S. over its use of zeroing in calculating anti-dumping duties, sending the dispute to arbitration before the World Trade Organization.

  • February 18, 2010

    BofA Fraud Claims Canned In $300M Parmalat Deal

    A federal judge has dismissed fraud and other claims leveled against Bank of America Corp. by two special purpose entities created specifically for a failed $300 million purchase of stock in Parmalat SpA's Brazilian unit.

  • February 18, 2010

    Microsoft-Yahoo Deal Cleared By US, EU Officials

    Microsoft Corp. and Yahoo Inc. have received the green light from U.S. and European antitrust officials to move forward with their search advertisement partnership, which is intended to take on search engine ad leader Google Inc.

  • February 18, 2010

    GSK Recalls Zinc Denture Cream Products Amid MDL

    GlaxoSmithKline PLC has decided to voluntarily pull its zinc-containing lines of Poligrip denture cream from the market and stop all advertising and manufacture of the creams, as suits pile up in the multidistrict litigation over neurological problems from excessive zinc levels caused by denture products.

  • February 18, 2010

    Cuomo Suit Targeting Madoff Cohort Merkin Lives On

    Ezra Merkin has lost a bid to dismiss New York Attorney General Andrew Cuomo's lawsuit alleging his investment company Gabriel Capital Corp. funneled funds into pal Bernard Madoff’s Ponzi scheme.

  • February 17, 2010

    Roche Hit With $25M Accutane Verdict

    A New Jersey state court jury has smacked drugmaker Hoffmann-La Roche Inc. with a $25.2 million dollar verdict in a case brought by a man who claimed the acne drug Accutane was responsible for the inflammatory bowel disease that led to the loss of his colon.