Economics
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Johnson & Johnson has agreed to pay $20.4 million to resolve claims by two Ohio counties that were going to be at the center of the first bellwether trial later this month in multidistrict litigation against drugmakers blamed for the U.S. opioid crisis… Read this piece in its entirety at Law360.
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A Pennsylvania federal judge on Friday certified a class of direct purchasers of Suboxone as well as a class of end payors in multidistrict litigation over an alleged product-hopping scheme by Indivior PLC to block generic versions of the opioid treatment drug from coming to market… Read this piece in its entirety at Law360.
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Apple Inc. said Monday that it will keep making its “most powerful computer ever,” the Mac Pro, in the United States, a move the tech giant attributes to the Trump administration’s decision to give it relief from tariffs on several component parts made in China… Read this piece in its entirety at Law360.
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The U.S. Securities and Exchange Commission on Wednesday announced it had followed other federal agencies with responsibility for the financial sector in approving a final set of changes to the Volcker Rule’s ban on proprietary trading… Read this piece in its entirety at Law360.
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A slew of major drugmakers and distributors on Monday lost their bids to kill a suit brought by Tucson Medical Center Inc. blaming the pharmaceutical giants for financial harm the nonprofit Arizona hospital says it suffered as a result of the companies’ roles in the U.S. opioid crisis… Read this piece in its entirety at
Mike LaSusa 