Sanofi Pasteur Inc. has agreed to pay $61.5 million in a five-year class dispute brought by doctors alleging the drug company violated antitrust laws with contracts for its pediatric vaccines, according to an agreement filed in New Jersey federal court Friday.
Prosecutors in Bergen County, New Jersey, said Friday they will not pursue an official misconduct charge brought against Gov. Chris Christie in an activist's criminal complaint over lane closures at the George Washington Bridge, saying they could not prove the charge beyond a reasonable doubt.
President Donald Trump signed an executive order Friday that will temporarily bar people from seven predominantly Muslim nations, stop Syrian refugee admissions, suspend the general refugee program for roughly four months and revise screening measures.
Senior House Democrats have called on President Donald Trump to reverse recent gag orders barring federal employees from speaking publicly amid the ongoing administration transition, saying the censorship appears to violate various federal laws.
A New Jersey state judge on Friday ruled that President Donald Trump's son-in-law, Jared Kushner, will not have to testify at an upcoming trial in a lawsuit alleging his family's real estate firm and others deceived condominium owners into buying into a waterfront community that wasn't developed as proposed.
A Connecticut federal jury convicted former Jefferies & Co. trader Jesse Litvak on just one of 10 counts of securities fraud on Friday, largely rejecting the government's argument that Litvak broke the law by hiding his profit margins from buyers of distressed bonds after the financial crisis.
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Automaker Tesla Motors Inc. hit its former autopilot program director and his business partner with a breach of contract lawsuit in California state court Thursday, accusing them of stealing Tesla’s trade secrets and recruiting its engineers to form a rival startup, Aurora Innovation LLC.
Mylan, Sandoz and Taro Pharmaceuticals colluded to artificially inflate the price of a popular antidepressant by 1,000 percent in recent years, according to a union’s proposed class action filed Thursday in Puerto Rico federal court.
The U.S. Department of Justice faced a skeptical panel in the Second Circuit on Thursday as it fought the appeals of two British Rabobank traders convicted of conspiracy and wire fraud for their roles in manipulating Libor rates.
A top Republican lawmaker on Thursday vowed to repeal the Dodd-Frank Act and replace it with a new financial regulatory system within a year, now that President Donald Trump has named it a top administration priority.
Franchisees of fast food brands run by Labor Secretary nominee Andy Puzder have been named in more than 30 wage, harassment and labor suits filed with state and federal authorities in the last few days, labor advocacy group Fight for $15 announced Thursday, the same day Puzder’s confirmation hearing was delayed a third time.
Citigroup Global Markets will pay $18.3 million in disgorgement and penalties to the U.S. Securities and Exchange Commission to end charges it overbilled clients by millions of dollars, the SEC announced Thursday.
The U.S. Securities and Exchange Commission on Thursday filed a lawsuit against two former executives of Och-Ziff Capital Management Group LLC, alleging they orchestrated a massive bribery scheme that led to $413 million in Foreign Corrupt Practices Act fines against the fund last year.
Johnson & Johnson agreed Thursday to buy Swiss rare drug maker Actelion Ltd. in an all-cash, $30 billion deal that gives the pharmaceutical giant access to the Swiss company’s specialty high blood pressure portfolio and also marks the first pharmaceutical mega-deal of the New Year.
President Donald Trump has appointed Republican Philip A. Miscimarra as acting chairman of the National Labor Relations Board, the agency confirmed Thursday.
President Donald Trump signed two sweeping executive orders on immigration Wednesday aimed at steering federal funds toward a border wall and punishing sanctuary cities, but experts say the actions may spark lawsuits, and questions linger about how some of the measures will be financed.
The nation’s busiest patent judge, U.S. District Judge Rodney Gilstrap, awarded Dell Inc. about $500,000 and fees and sanctions in “the clearest example of an exceptional case” he’s ever seen on Wednesday, after he determined a plaintiff asserting a camera patent against a slew of electronics companies was nothing but a shell company.
President Donald J. Trump has added a partner from Dentons to handle compliance and ethics matters for the White House, putting him on a growing legal team that includes aces from Cozen O'Connor and Jones Day, the administration said Wednesday.
President Donald Trump has designated Maureen K. Ohlhausen to be acting chair of the U.S. Federal Trade Commission, according to a Wednesday statement by the agency.
“This is an easy case,” Justice Antonin Scalia wrote in his opinion in Radlax Gateway Hotel LLC v. Amalgamated Bank, settling the issue of whether the Bankruptcy Code grants the secured creditor a right to credit bid in an auction sale under a plan. But interestingly, the opinion barely mentions the infamous Philadelphia News decision from the Third Circuit which was effectively overruled by the U.S. Supreme Court, say attorneys wi... (continued)
While the New York state Senate did not act on the Foreclosure Fraud Prevention Act of 2012 before adjourning its regular session — and as a result there is little chance the bill will be enacted this year — the bill represents the latest attempt by state governments to impose criminal liability on fraudulent foreclosure practices by mortgage servicers or their employees, say attorneys with Dechert LLP.
In United States v. Aleynikov, the Second Circuit recently created an unfortunate cloud over the scope of the federal trade secret statute. The decision detracts from the primary legislative objectives to promote and protect national economic security and punish individuals who misappropriate intellectual property in the form of trade secrets, say Mark Krotoski and Richard Scott of the U.S. Department of Justice.
Although the Patient Protection and Affordable Care Act and its coverage mandates have been upheld, the lack of regulatory guidance for many key areas of the statute creates uncertainty regarding implementation and enforcement. No matter how employers and plan fiduciaries approach the various coverage mandates, it is clear that the future is not without risk of litigation, say attorneys with Proskauer Rose LLP.
The Northern District of California's opinion in Oracle America Inc. v. Google Inc. is suprising given that there was direct copying and that the threshold of originality required for a work to qualify as copyrightable has traditionally been so low that the application programming interfaces almost certainly qualified as sufficiently original to be protected by copyright, says David Makman of the Law Offices of David A. Makman.
The Committee on Foreign Investment in the United States recently blocked yet another acquisition involving Chinese investors. Any foreign companies looking to invest in the U.S. should be wary of the scrutiny they may confront, and determine whether CFIUS review is likely, say George Wang and Yelena Kotlarsky of Haynes and Boone LLP.
ING Bank NV's $619 million fine to settle criminal charges is the largest ever against a financial institution in connection with an investigation into U.S. sanctions violations and related offenses. The enforcement action is also notable in several other respects, say attorneys with Steptoe & Johnson LLP.
Unfortunately, the level of economic coherence in patent law with respect to damages today is roughly comparable to what existed in antitrust law in 1955. However, Judge Richard Posner’s recent opinions in Apple Inc. v. Motorola Inc. help clarify legal and economic standards for measuring patent damages, says Gregory Sidak of Criterion Economics LLC.
Employers are increasingly using social media to evaluate job candidates during the hiring process. A cautionary tale based on the 1999 movie "Office Space" provides an overview of the legal risks and potential benefits of doing so, says Natalie Hrubos of Duane Morris LLP.
For the business community, the U.S. Supreme Court ruling on the Patient Protection and Affordable Care Act is a mixed bag. While it lessens the uncertainty that hung over the entire health care industry in anticipation of the ruling, the decision to uphold the act means increased regulatory requirements and costs for employers generally and for specific sectors within the health care industry, say attorneys with Skadden Arps Slate... (continued)