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Teva Pharmaceutical Industries Ltd. will pay $135 million to the state of Illinois to clear up allegations the Israeli drugmaker bilked the government by inflating prices for medicines covered by the state’s Medicaid program, according to a settlement announced Thursday… Read this piece in its entirety at Law360.
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A California federal judge agreed with Uber Technologies Inc. on Wednesday that a conflict of interest involving its opponents’ attorneys at Keller Lenkner LLC is grounds to boot them from a case claiming the ride-hailing company misclassifies its drivers as independent contractors to gain a competitive edge… Read this piece in its entirety at Law360.
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A Chicago real estate developer who pled guilty to a $22.9 million bank fraud scheme is seeking to kick the presiding judge off the case ahead of sentencing, arguing in a Tuesday motion that the judge has acted “openly hostile” toward his lawyer… Read this piece in its entirety at Law360.
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Fannie Mae isn’t a “consumer reporting agency” as defined by the Fair Credit Reporting Act, meaning it can’t be held liable under the statute for inaccurate information generated by a computer program it licenses to mortgage lenders, a divided Ninth Circuit panel ruled Wednesday… Read this piece in its entirety at Law360.
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Tesla wrongly removed a device meant to limit the top speed of one of its 2014 Model S cars, which — combined with a flawed battery pack design — contributed to the deaths of two Florida teens in a crash last year, according to a complaint filed Tuesday in Broward County court… Read this piece…
Mike LaSusa 