DOJ News Medical Device Manufacturer and Parent Company Pay $30.9 Million to Resolve FCA Claims Medical device manufacturer ev3 will plead guilty to
A structured guide to Corporate income and franchise taxes in California
Life science companies, health care providers, and government contractors will be at risk for significantly larger penalties due to substantial
On June 30, 2016, the Department of Justice announced that it will double the per-violation civil penalties assessed under the False Claims Act
Two federal Courts of Appeals had reached opposite conclusions in constitutional challenges to the individual coverage mandate effective in 2014 under the Patient Protection and Affordable Care Act (PPACA).
In Louis Vuitton and Burberry v Singga Enterprises, the Federal Court has delivered a stern warning to those engaging in counterfeiting luxury goods in Canada by awarding an aggregate of $1.98 million in damages for trade-mark and copyright infringement and a further $0.5 million in punitive damages.
In Erica P. John Fund, Inc. v. Halliburton Co. (No. 09-1403), the U.S. Supreme Court reversed the Fifth Circuit Court of Appeals and held that a securities fraud plaintiff need not establish “loss causation,” i.e., that the defendant’s alleged misrepresentation caused the plaintiff an economic loss, in order to obtain class certification.
On June 6th, the Supreme Court unanimously ruled that private securities fraud plaintiffs do not need to prove loss causation in order to obtain class certification.
On June 6, 2011, the U.S Supreme Court held in Erica P. John Fund, Inc. v. Halliburton Co., 563 U.S. ____ (2011) that plaintiffs accusing Halliburton Co. of securities laws violations do not have to prove loss causation in order to obtain class certification.
On February 22, 2011, the U.S. Supreme Court declined to further refine or reconsider its 2007 decision in Leegin Creative Leather Products, Inc. v. PSKS, Inc. (Leegin I), when it denied PSKS’ latest certiorari petition.