In the News Today - January 7, 2019

January 07, 2019

“Fighting a Tort Plague”: The Wall Street Journal Editorial Board asks: “Should a drug company be punished for following FDA rules?” The piece comes after the U.S. Supreme Court takes up a case on company liability for issues with labels that were approved by the Food and Drug Administration. (Wall Street Journal)

U.S. Supreme Court to Hear Case on M&A Lawsuit Standards: The U.S. Supreme Court agreed to hear a challenge to a Ninth Circuit decision that allowed a lower standard in merger and acquisition securities lawsuits. The Ninth Circuit said investors must only show the company was negligent, rather than intentionally misleading, when a lawsuit accusing it of misleading investors is filed. (Law360)