Class Action
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Samsung Electronics Co., Micron Technology Inc. and SK Hynix Inc. scored a win on Tuesday when a California federal court threw out most of a proposed class action brought by consumers who alleged the chip makers colluded to fix prices on dynamic random-access memory, a key component in many digital devices… Read this piece in
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A New York federal judge on Tuesday bounced more than a dozen major banks from a bond price-fixing lawsuit, but kept several others including Deutsche Bank and Goldman Sachs, saying a “rare smoking gun” pointed to wrongdoing on the part of the financial giants… Read this piece in its entirety at Law360.
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The largest chicken processing companies in the U.S., including Tyson Foods Inc. and Perdue Farms Inc., are facing a proposed class action in Maryland federal court accusing them of a decade-long conspiracy to fix the wages of “hundreds of thousands” of workers… Read this piece in its entirety at Law360.
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Ohio’s attorney general on Friday urged the Sixth Circuit to halt an upcoming bellwether trial that’s part of multidistrict litigation against drugmakers blamed for the opioid crisis, calling the claims made by two Buckeye State counties in the bellwether case an “intrusion onto sovereign territory”… Read this piece in its entirety at Law360.
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A group of direct buyers of the cholesterol drug Niaspan scored a victory on Wednesday when a Pennsylvania federal judge approved their bid to move forward as a class with a pay-for-delay antitrust suit against Teva Pharmaceuticals Industries Ltd. and AbbVie Inc… … Read this piece in its entirety at Law360.
Mike LaSusa 