News
October 21, 2011
Wall Street Journal |
Subscription Required |
October 21, 2011
An internal memo from the general counsel for Las Vegas Sands Corp. shows that it is seeking to secure a list of government officials who have gambled at the company's Macau casinos—indicating a possible focus of the U.S. government's bribery investigation into the company.
October 20, 2011
National Law Journal |
Subscription Required |
October 20, 2011
Will they hang together or separately? That's the question before the U.S. District Court for the Southern District of New York, where 17 of the world's biggest financial institutions are being sued by the Federal Housing Finance Agency for selling Fannie Mae and Freddie Mac $200 billion worth of sub-par mortgage-backed securities.
Tags: Financial Services
Bloomberg |
October 20, 2011
Pfizer Inc. agreed to pay $14.5 million to settle a lawsuit brought by two whistle-blowers who claimed the company improperly marketed its bladder-control drug Detrol.
Corporate Counsel |
October 20, 2011
Both sides have filed their appeals briefs in the much-watched Oxycontin case, in which ex-general counsel Howard Udell and two other Purdue Pharma executives are fighting for the right to work in healthcare again.
Legal Newsline |
October 20, 2011
An attorney who fights settlements that provide coupons to consumers and millions of dollars to attorneys says he was not surprised by the outcome of Mississippi Attorney General Jim Hood's settlement with Microsoft.
Charleston Gazette |
October 20, 2011
Kanawha Circuit Judge Paul Zakaib Jr. on Thursday affirmed more than $90 million of a $91.5 million damage award that a jury awarded a man in August after his mother died after staying at the Heartland of Charleston nursing home.
Tags: Medical Liability, West Virginia
National Law Journal |
Subscription Required |
October 20, 2011
Each of the three law schools that have been sued for fraud by graduates this year has now answered with a motion to dismiss. Lawyers for the Thomas M. Cooley Law School filed its motion on Oct. 20, following motions by the Thomas Jefferson School of Law on July 18 and New York Law School on Oct. 13.
Tags: Class Action
Forbes |
October 20, 2011
A General Accountability Office study of asbestos injury trusts released today shows that trusts with some $36 billion in assets operate largely in secret, submitting annual financial reports to bankruptcy courts but only revealing information about claims under the threat of subpoena.
Tags: Asbestos
Corporate Counsel |
October 20, 2011
The Government Accountability Office released a new report on Wednesday analyzing asbestos injury trusts, shining some light on a multi-billion-dollar system of plaintiff claims and payouts that operates largely in secret.
Tags: Asbestos
NPR |
October 20, 2011
One of the federal government's few success stories when it comes to policing corporate crime in recent years comes from a post-Watergate law called the Foreign Corrupt Practices Act, or FCPA.
