Economics

Lyft Says Prof’s Patent For Ride-Hailing Concept Is Abstract

Lyft Inc. is looking to kill a patent suit by a retired professor who says he invented the concept underlying the ride-hailing business, telling a California federal court Monday that his patent only describes an abstract idea for running a taxi dispatch service using computers…

Read this piece in its entirety at Law360.

Don’t DQ Quinn Emanuel In Uber Case, Defunct Rival Says

A defunct ride-hailing startup accusing Uber of having driven it out of business asked a California federal court on Friday to let it keep Quinn Emanuel Urquhart & Sullivan LLP as counsel, saying the firm’s previous work counseling Uber in cases related to taxi regulations has nothing to do with the current antitrust case…

Tivity Atty’s ‘Suspicious Stock Sales’ Support Suit, Judge Says

Fitness and wellness program provider Tivity Health lost a bid to kill a stock-drop suit on Monday when a Tennessee federal judge said allegations of “suspicious stock sales” by executives, including Tivity’s chief legal officer, bolstered the case against the company…

Read this piece in its entirety at Law360.

 

Pharma Co. Pumped Stock By Hiding Drug Failures, Suit Says

A proposed class of investors hit Corbus Pharmaceutical Holdings Inc. and two of its top executives with a securities suit in Massachusetts federal court Tuesday alleging that the company and its officers concealed negative results in clinical trials of its flagship drug…

Read this piece in its entirety at Law360.

Hospira Tells Fed. Circ. To Reverse Sedative Patent Loss

Hospira Inc. asked the Federal Circuit on Tuesday to uphold the validity of a patent for its sedation drug Precedex for the second time this year, arguing that an Illinois federal court hadn’t correctly analyzed the obviousness of a key claim when deciding to invalidate the patent…

Read this piece in its entirety at Law360.

Cutting High-Speed Rail Funds ‘Indefensible,’ Calif. Says

The California High-Speed Rail Authority on Monday criticized a U.S. Department of Transportation plan to cut nearly $1 billion in federal funding for a major infrastructure project in the state, calling the move “legally indefensible” and economically harmful…

Read this piece in its entirety at Law360.

‘Absurd’ To Argue PTAB Wins Bar Patent Cases: Generics Cos.

The America Invents Act doesn’t stop patent challengers who won at the Patent Trial and Appeal Board from pursuing their winning arguments in court, and blocking that judicial path would lead to “absurd results,” a group of generic-drug makers told the Federal Circuit on Tuesday…

Read this piece in its entirety at Law360.