Takeda Pharmaceutical Co. persuaded a judge to throw out a $6.5 million jury verdict over its Actos diabetes drug because lawyers for a California man didn’t produce sufficient evidence to show his cancer was caused by the medication.
Federal jurors began hearing a contract dispute today over whether Ingersoll Rand Plc owes $11 million or $72 million to 130 employees under an incentive plan tied to its sale of a subsidiary, Dresser-Rand Group Inc.
Plaintiff lawyers involved in Merck & Co. ’s $4.85 billion Vioxx settlement are accusing some of their colleagues of attempting to hog the lion’s share of more than $315 million in fees spawned by the accord.
About a dozen state attorneys general met last week to discuss their mortgage investigations and how they might work together as settlement talks with banks over foreclosures drag on, three people familiar with the matter said.
Former presidential candidate John Edwards isn’t likely to be retried for using illegal campaign contributions to hide an extramarital affair after a jury acquitted him on one count and failed to reach a verdict on five others, according to a person familiar with the matter.