A federal judge has dismissed individual investors’ securities claims against Vivendi related to ordinary shares they purchased on the Paris Bourse, finding that the claims are barred by the U.S. Supreme Court’s Morrison decision
Former users of Darvocet and Darvon are suing Eli Lilly, claiming it failed to warn them that the painkillers carried the risk of serious heart problems.
HSBC has decided to walk away from the proposed $62.5 million deal reached with Bernard Madoff feeder fund investors last year, terminating an agreement to partially resolve a set of class actions brought by investors in Irish and Belgian funds.
A 7th Circuit panel has reversed the dismissal of an antitrust class action against Northshore University Health System. The ruling, which allows the plaintiffs to pursue their claim that Northshore illegally inflated its rates after a merger, should help other class actions get past the certification stage.
A New Jersey state appellate court on Wednesday affirmed the setting aside of a $25 million medical malpractice verdict, partly because the plaintiffs attorney misstated an expert’s statistical testimony.