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Tag Archives: settlement

Pfizer avoids Chantix bellwether trial

Pfizer has avoided a bellwether trial scheduled to begin this month in the Chantix multidistrict litigation by settling with an Alabama man who claimed he became suicidal after taking the smoking-cessation drug. It marks the second time in three months ...

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NYSBA receives $17,500 settlement

The New York Bar Foundation has been awarded $17,500 in leftover proceeds from a class-action lawsuit to distribute to law-related charities around the state. Judge P. Kevin Castel of the U.S. District Court for the Southern District of New York ...

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$210M from Mellon Co. to end Madoff lawsuits

ALBANY — Authorities have reached a $210 million settlement with BNY Mellon subsidiary Ivy Asset Management for advising clients to invest with Wall Street swindler Bernard Madoff, whose multibillion-dollar fraud landed him in federal prison, New York Attorney General Eric ...

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Drug-pricing suit settled for $151 million

SAN FRANCISCO — Twenty-nine states have reached a $151 million settlement in a lawsuit alleging one of the country’s largest drug wholesalers inflated prices for hundreds of prescription drugs, officials said Friday. The agreement with San Francisco-based McKesson Corp. settles ...

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$54M settlement against pharmaceutical giant

Two separate settlements with Illinois-based pharmaceutical giant Abbott Laboratories were announced Monday by Attorney General Eric T. Schneiderman. The cases involve the marketing and sale of the anti-seizure drug Depakote for unapproved uses. The first is a $1.5 billion global ...

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Plavix patent battle settles for $442.2M

TRENTON, N.J. — Just three months before the world’s second-best-selling drug gets U.S. generic competition, a generic company has paid nearly $445 million to finally end a decadelong, twist-filled patent infringement battle with two heavyweight drugmakers over blood thinner Plavix. ...

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