In The News Today - August 22, 2014

August 22, 2014

The Wall Street Journal editorial board today criticizes the Alabama Supreme Court’s Friday ruling holding drug makers liable for products that they did not manufacture allegedly causing injuries. "The dubious legal concept on display here is known as innovator liability, which holds innovators responsible for damages caused even by knockoffs. The legal and economic danger is that what applies to drug makers could as easily be directed at other consumer products.” (Wall Street Journal)

Accusing the U.S. Department of Justice of "targeting law-abiding companies”, the Wall Street Journal today writes that "FedEx deserves credit for not rolling over” as a result of Justice’s indictment of FedEx for “drug trafficking. "The prosecutors in this case should be found guilty of fraud and harassment,” writes the WSJ. (Wall Street Journal)