Economics

  • A Delaware federal judge on Thursday granted British pharma company Vectura’s request for $10.5 million in supplemental damages in a case in which a jury found GlaxoSmithKline willfully infringed a patent covering inhalers, though the judge denied Vectura’s bid for an additional $33 million in enhanced damages… Read this piece in its entirety at Law360.

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  • CVS Health Corp. has agreed to pay $4.35 million to resolve claims it divulged the protected health information of 6,000 Ohio residents by mailing letters in envelopes with windows that revealed names and references to HIV diagnoses, according to Tuesday federal court filings… Read this piece in its entirety at Law360.

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  • The Trump administration on Thursday put forward plans to wean Fannie Mae and Freddie Mac off government control as part of a broader overhaul of the housing finance system, according to documents published by the departments of Housing and Urban Development and the Treasury… Read this piece in its entirety at Law360.

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  • Facebook executive David Marcus said the social media juggernaut will cooperate with relevant authorities when it comes to regulating the planned cryptocurrency Libra, according to written testimony provided to U.S. lawmakers ahead of a hearing this week… Read this piece in its entirety at Law360.

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  • President Donald Trump on Tuesday announced two new nominees to fill vacant seats on the Federal Reserve Board of Governors after his previous nominees dropped out in the face of pressure from opponents in Congress… Read this piece in its entirety at Law360.

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