Latest Personal Injury Law News

Takeda Offers $2.2 Billion to Settle Actos Drug Cases
Wednesday April 01st 2015, 4:35 am Filed under Vioxx lawsuit

A federal jury in Louisiana last year ordered Takeda and Eli Lilly & Co. to pay a combined $9 billion in damages to a shopkeeper who blamed Actos for causing his bladder cancer. Takeda’s chief executive officer, Christophe Weber, declined to comment in an interview in Osaka today, citing the ongoing litigation. [News Source]

Whistleblower Lawsuit Calls Billionaire Patrick Soon-Shiong's Healthcare Startup 'Fraudulent' And Dangerous
Thursday January 15th 2015, 8:34 am Filed under Vioxx lawsuit

On the television newsmagazine ?60 Minutes? and in a cover story for Forbes, Patrick Soon-Shiong, the world?s richest doctor, has promised that his new company, NantHealth, can dramatically improve care for cancer patients everywhere. ?I?m incredibly encouraged to say that we are on the path,? Soon-Shiong told 60 Minutes? Sanjay Gupta. [News Source]

Transvaginal mesh trial losses put pressure on Boston Scientific
Friday November 21st 2014, 6:19 pm Filed under Vioxx lawsuit

By Jessica Dye NEW YORK (Reuters) - Boston Scientific Corp’s back-to-back losses in the first two federal trials over its transvaginal mesh devices could drive up the cost of resolving thousands of similar lawsuits, according to legal experts. On Thursday, a jury in West Virginia awarded four women $18.5 million for injuries they said were caused by the Massachusetts-based company’s Obtryx ... [News Source]

Professor Lahav: The ideas that underly BP’s cert petition don’t make sense
Wednesday October 15th 2014, 3:36 pm Filed under Vioxx lawsuit

The papers in the Deepwater Horizon Settlement cert petition are mostly in. The case is BP Exploration & Production Inc. v. Lake Eugenie Land & Development, Inc. — you can find the documents on SCOTUSBLOG. BP’s basic argument is that the settlement approved by Judge Barbier in the mass tort class action against it was […] [News Source]

Pfizer wins dismissal of U.S. investor class action ahead of trial
Tuesday July 08th 2014, 8:30 pm Filed under Vioxx lawsuit

By Nate Raymond NEW YORK (Reuters) - Pfizer Inc won the dismissal Tuesday of a long-running shareholder class action accusing the company of misleading investors about the safety of its Celebrex and Bextra pain-relieving drugs. The ruling by U.S. District Judge Laura Taylor Swain in New York came ahead of a Sept. 9 trial in the case, which investors launched in 2004 and followed an earlier ... [News Source]

Merck, Pfizer, HSBC could be big winners from shareholder case
Tuesday June 24th 2014, 12:12 pm Filed under Vioxx lawsuit

NEW YORK (Reuters) - Within the next two weeks, the U.S. Supreme Court is expected torule in a major case that could make it much harder for shareholders to band together against public companies in securities fraud class actions. [News Source]

Ruling may slow shareholder suits
Saturday June 21st 2014, 1:40 pm Filed under Vioxx lawsuit

If the Supreme Court rules in favor of Halliburton and against shareholders, then other businesses will gain, as well. [News Source]