Carl Tobias News
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Pfizer Inc. may have to face lawsuits by insurers alleging the company improperly marketed the epilepsy drug Neurontin after an appeals court found the cases were improperly denied class-action status.
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GlaxoSmithKline Plc’s settlement of lawsuits over its Avandia drug triggered a challenge from nine law firms to a bid by lead attorneys for almost three-quarters of a $143 million fee fund, including one seeking about $2,700 per hour, according to two people familiar with the matter.
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BP Plc and the lead lawyers representing victims of the 2010 Gulf of Mexico oil spill urged a judge to approve a proposed $7.8 billion partial settlement of claims, while attorneys for thousands of plaintiffs sought rejection or modification of the agreement.
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BP Plc, Transocean Ltd. and Halliburton Co., with billions of dollars on the line, are set to find out from a federal judge who among them is to blame for the April 20, 2010, explosion and sinking of the Deepwater Horizon oil rig in the Gulf of Mexico.
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Toyota Motor Corp. won the right to appeal a federal judge’s ruling that car owners who hadn’t experienced unintended acceleration could sue the company over economic losses related to the alleged defect.
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Texas Governor Rick Perry is seeking a court order to stop Virginia election officials from printing or distributing primary ballots after his presidential campaign was told his name wouldn’t appear on them.
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Harold Asher never thought to ask why his wife’s doctors prescribed Boehringer Ingelheim GmbH’s blood thinner Pradaxa after she recovered from a stroke.
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A federal judge in Virginia said he’ll rule by yearend whether President Barack Obama ’s health- care overhaul is constitutional, adding that his decision will be a “brief stop” in the case on its way to the Supreme Court.
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Johnson & Johnson must pay more than $1.1 billion in fines, a judge ruled after an Arkansas jury found the company’s officials misled doctors and patients about the risks of the antipsychotic drug Risperdal.
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Danielle Chiesi, convicted of insider trading as part of the Galleon Group LLC case, agreed to pay $540,000 to settle related allegations by the U.S. Securities and Exchange Commission.
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