Health insurer Aetna has sued 23 drugmakers, including Novartis and Pfizer, over an alleged scheme to fix the prices of 111 generic medications, citing information gleaned from a congressional probe, lawsuits by state attorneys general, a Pennsylvania multidistrict litigation proceeding, and U.S. Department of Justice findings.
Law360
Connecticut
SATURDAY, JANUARY 4, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Aetna Sues Drugmakers In Conn., Alleging Generics Price-Fixing

By Aaron Keller

Health insurer Aetna has sued 23 drugmakers, including Novartis and Pfizer, over an alleged scheme to fix the prices of 111 generic medications, citing information gleaned from a congressional probe, lawsuits by state attorneys general, a Pennsylvania multidistrict litigation proceeding, and U.S. Department of Justice findings.

Complaint attached | Read full article » | Save to favorites »

Conn. High Court Slams Insurer's 'Conflicting' Policy Letters

By Aaron Keller

An insurance company violated basic contract law by mailing four "conflicting" letters to a roofing contractor purporting to end worker's compensation coverage while also explaining how to keep it, Connecticut's highest court has ruled.

Opinion attached | Read full article » | Save to favorites »

Ex-Trader Joe's Exec Can't Revive Sex Bias Suit At 2nd Circ.

By Grace Elletson

The Second Circuit backed the dismissal Thursday of a Trader Joe's executive's suit claiming she was fired out of sex bias, stating she failed to put forward proof that her termination resulted from discrimination rather than her decision to take a vacation during the onset of the COVID-19 pandemic.

Order attached | Read full article » | Save to favorites »

ENFORCEMENT

Interactive Brokers Fined $2.2M Over 'Free-Riding' Monitoring

By Sarah Jarvis

Interactive Brokers LLC has agreed to pay $2.25 million to settle allegations from the Financial Industry Regulatory Authority that the firm failed to detect millions of so-called free-riding transactions in customers' cash accounts.

Letter attached | Read full article » | Save to favorites »

LITIGATION

Ozempic Caused Severe Pain And Hospitalization, Suit Says

By Jade Martinez-Pogue

Pharmaceutical giant Novo Nordisk has been sued in Connecticut federal court by a 67-year-old woman claiming it did not properly disclose the risk of gastroparesis associated with its popular weight loss drug Ozempic, which allegedly caused her severe stomach pain and vomiting that led to a 10-day hospitalization.

Complaint attached | Read full article » | Save to favorites »

EXPERT ANALYSIS

Series

Playing Esports Makes Me A Better Lawyer

Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Bonus Spotlight

Holland & Knight Matches BigLaw Bonuses In Major Markets

By Anna Sanders

Holland & Knight LLP announced associates in major U.S. markets will receive year-end and special bonuses matching those given by other BigLaw firms, with attorneys working in regional offices making smaller figures, according to a report.

Read full article » | Save to favorites »

Biden Honors Del. Jurist For Role In Brown V. Board Ruling

By Jeff Montgomery

President Joe Biden issued a top civilian award, posthumously, to former Chancellor Collins J. Seitz of Delaware Chancery Court, father of the state's current chief justice, for his role in decisions woven into the U.S. Supreme Court's landmark 1954 Brown v. Board of Education ruling.

Read full article » | Save to favorites »

Clyde & Co. Merges With Dallas Insurance Boutique

By Emily Sawicki

Clyde & Co. LLP has announced a merger with Dallas boutique Tillman Batchelor LLP, expanding the global law firm's insurance capabilities in Texas amid its ongoing growth in North America.

Read full article » | Save to favorites »

Taft Hired BCLP Comms Director Ahead Of Merger

By Andrea Keckley

Once its merger with Sherman & Howard LLC became effective at the start of the new year, Taft Stettinius & Hollister LLP announced Thursday it had hired Bryan Cave Leighton Paisner's former director of communications.

Read full article » | Save to favorites »

AI Chatbots Will Transform Legal Scholarship, AI Chatbot Says

By Matt Perez

Generative artificial intelligence like OpenAI's ChatGPT software will redefine legal scholarship, according to a new paper primarily produced by the chatbot.

Read full article » | Save to favorites »

States Debate High Court Solution To Election Map Catch-22

By Katie Buehler

Louisiana has implored the U.S. Supreme Court to decisively resolve litigation over its federal election map in one of three ways, suggesting the justices could toss the case on standing, decide the merits, or, preferably, find that federal courts have no role in refereeing redistricting disputes.

5 documents attached | Read full article » | Save to favorites »

Ex-GMU Prof.'s Accusers Say He Can't Prove $108M Damages

By Aebra Coe

Former FTC Commissioner Joshua Wright allegedly failed to provide information to back his $108 million defamation damages claim and then walked out of a deposition, according to a Virginia court filing by two former students whom Wright sued over their statements to Law360.

Memorandum attached | Read full article » | Save to favorites »

Atty Wants Free Speech Suit Over Tenn. Court Rule Kept Alive

By Jack Karp

A free speech challenge to a Middle District of Tennessee rule barring attorneys from making "any extrajudicial statements" about cases in the district should be allowed to move forward since the court is not entitled to sovereign immunity, according to the Nashville civil rights lawyer behind the suit.

3 documents attached | Read full article » | Save to favorites »

Giuliani Says Memory Faulty In Meandering NY Contempt Row

By Pete Brush

A Manhattan federal judge mulled a bid to hold Rudy Giuliani in contempt of a $148 million defamation judgment Friday, during a day of sparring in which the former New York City mayor repeatedly told counsel for two defamed Georgia poll workers that he doesn't remember case details.

8 documents attached | Read full article » | Save to favorites »

Battling Berts: Judge Enjoins Ga. Law Firm In Trademark Row

By Kelcey Caulder

A Georgia federal judge Friday temporarily barred an Atlanta-based law firm from advertising and promoting its personal injury legal services through messaging like "If You're Hurt ... Call Bert!" and "If You're Hurt, Call Bert," ruling that it is too similar to another personal injury firm's trademarked slogan.

Read full article » | Save to favorites »

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

How to deal with diversity, climate change and artificial intelligence are the key issues giving general counsel night terrors at the start of the new year. And in Delaware, the Chancery Court is allowing a stockholder suit to move forward against Fox Corp., related to its false reports of voting fraud in 2020.

Read full article » | Save to favorites »

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London has seen Chris Eubank Jr. hit with a libel claim from a boxing promoter, a perfume boss face proceedings from his businesses following sanctions violations claims, and Israeli broadcasters file intellectual property claims against BT and Sky. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

Promo that reads Law360 Pulse Global Leaders Promo that reads Associate Salary and Bonus Tracker with a photo of hundred-dollar bills above

LAW FIRMS IN TODAY'S NEWS

Bartlett & Grippe

Beale & Co. Solicitors

Bert Brock Law

Binnall Law Group

Bird & Bird

Brabners LLP

Bryan Cave

Clark Hill

Clyde & Co

Conway Stoughton

DLA Piper

DWF LLP

Dentons

DuBose Miller

Eversheds Sutherland

Feldman Perlstein

Freshfields

Garrison Levin-Epstein

Goodwin Procter

Graves Garrett

Gray Cary

Hancock Daniel

Harrison LLP

Hill Dickinson

Hirschler

Hogan Lovells

Holland & Knight

Irwin Mitchell

Jackson Lewis PC

Jenner & Block

Katten Muchin

Keoghs LLP

Keystone Law

Kirkland & Ellis

Lewis Silkin

Lowey Dannenberg

Massumi & Consoli

McDermott Will & Emery

Milbank LLP

Mullin Hoard

Neal Gerber

Norton Rose

Parnall Law Firm

Paul Weiss

Peacock Law PC

Penningtons Manches

Perkins Coie

Pinsent Masons

Quainton Law

Quicker Law LLC

Roythornes Solicitors

Schneider Wallace Cottrell Konecky LLP

Sedgwick LLP

Seyfarth Shaw

Silver Golub

Simmons & Simmons

Taft Stettinius

Trowers & Hamlins

Vasseghi Law

White & Case

Wiggin & Dana

Willkie Farr

COMPANIES IN TODAY'S NEWS

ARK Investment Management LLC

Aetna Inc.

Allergan PLC

Amazon.com Inc.

American Civil Liberties Union

American Civil Liberties Union of Louisiana

Anthropic PBC

Apple Inc.

Aspen Insurance Holdings Ltd.

Chevron Corp.

CoreCivic Inc.

Digital River Inc.

DuckDuckGo Inc.

EE Ltd.

ESPN Inc.

Ecolab Inc.

Emirates NBD Bank PJSC

Exceed Company Ltd.

Financial Industry Regulatory Authority Inc.

Fox Corp.

Glenmark Pharmaceuticals Ltd.

Global Logistic Properties Ltd.

Google LLC

Institute for Justice

Interactive Brokers Group Inc.

LG Electronics Inc.

LinkedIn Corp.

Microsoft Corp.

Mozilla Corp.

NAACP Legal Defense & Educational Fund Inc.

National Association for the Advancement of Colored People

National Congress of American Indians

New Civil Liberties Alliance

Novo Nordisk A S

Pfizer Inc.

Public Joint Stock Co. Gazprom

ROSS Intelligence

Samsung Electronics Co. Ltd.

Sandoz International GmbH

Social Science Research Network

TUI AG

Talktalk Telecom Group PLC

Tesla Inc.

Teva Pharmaceutical Industries Ltd.

The Conference Board Inc.

The Lawyers' Committee for Civil Rights Under Law

The New York Times Co.

The Travelers Cos. Inc.

Thomson Reuters Corp.

Trader Joe's Co.

Upsher-Smith Laboratories Inc.

Virgin Media Inc.

Walmart Inc.

Weber Shandwick Worldwide Inc.

Willis Towers Watson PLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Connecticut Attorney General's Office

Delaware Court of Chancery

Equal Employment Opportunity Commission

Executive Office of the President

Federal Bureau of Investigation

Federal Reserve System

Federal Trade Commission

Food and Drug Administration

Georgia Supreme Court

U.S. Attorney's Office for the Western District of Kentucky

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the Middle District of Louisiana

U.S. District Court for the Middle District of Tennessee

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Louisiana

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

World Health Organization