Economics

  • Drugmaker Impax Laboratories Inc. accepted an illegal payment from Endo Pharmaceuticals Inc. in exchange for delaying the market entry of Impax’s generic form of Endo’s opioid pain medication Opana ER, the U.S. Federal Trade Commission said Friday… Read this piece in its entirety at Law360.

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  • A California federal judge on Thursday greenlit a $20 million deal resolving claims Uber Technologies Inc. misclassified thousands of drivers as independent contractors, after seeking additional information about a number of aspects of the agreement… Read this piece in its entirety at Law360.

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  • A Kentucky federal court granted preliminary approval on Thursday to a settlement in which Omnicare Inc. agreed to pay $20 million to resolve a 13-year-old securities suit that at one point made its way to the U.S. Supreme Court… Read this piece in its entirety at Law360.

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  • 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.

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  • 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…

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