Cafferty Faucher
- Number of Articles Found: 20
1. Antitrust Suit Over Fanny, Freddie's 'G-Fees' Survives
Thursday, Oct 30, 2008
A federal judge on Wednesday partially granted Fannie Mae and Freddie Mac's motion to dismiss a putative antitrust class action alleging the mortgage giants collaborated instead of competed when setting guarantee fees associated with backstopping against loan defaults. But a key portion of the lawsuit survived.2. Fed. Circ. Affirms Dismissal Of Reverse Payment Suit
Wednesday, Oct 15, 2008
In another blow to the opponents of reverse payments, an appeals court panel affirmed Wednesday that Bayer AG did not violate antitrust laws when it paid Barr Pharmaceuticals Inc. to delay the entry of a generic version of the antibiotic drug Cipro.3. Judge Denies Class In Treasury Bonds Trading Suit
Tuesday, Aug 26, 2008
A federal judge in Illinois denied class certification last Friday to a group of investors who filed a lawsuit stemming from claims of insider trading on 30-year treasury bonds and their derivatives in 2001.4. Judge Dumps RICO Claims In Google Trademark Suit
Tuesday, Aug 05, 2008
A federal judge dismissed racketeering charges against Google Inc. and a host of Internet companies, but said the defendants must continue to face several other claims in a proposed class action trademark suit over online "parking" companies with domain names almost identical to those registered by the plaintiffs.5. Insider Trading Claim Against Goldman, MFS Trimmed
Friday, Aug 01, 2008
A federal judge in Illinois granted summary judgment Wednesday to Massachusetts Financial Services Co. in a lawsuit stemming from claims of insider trading on 30-year treasury bonds and their derivatives in 2001. The judge granted partial summary judgment to Goldman Sachs & Co. Inc. in the same case.6. Insurance Cos. Settle For $69M In Bid-Rigging MDL
Monday, Jul 07, 2008
Insurance broker Marsh & McLennan Companies Inc. has filed a proposed settlement totaling $69 million as part of a massive two-pronged multidistrict litigation suit against some of the nation's largest insurance brokers and companies over alleged misconduct in commercial cases and employee benefit plans.7. Insurers, Brokers Not ERISA Fiduciaries: Judge
Tuesday, Jan 15, 2008
A district court judge has shot down a class action claiming that a group of insurance brokers and providers violated the Employee Retirement Income Security Act when they conspired to block competition and shell out kickbacks.8. Court Overturns Fee Ruling In Milberg Weiss-Led Suit
Monday, Oct 15, 2007
In a rare boost for Milberg Weiss Bershad & Schulman LLP, an appeals court has ruled that the disgraced plaintiffs’ firm may have actually been underpaid for its services as lead counsel in a multimillion dollar securities class action that was settled last year.9. Plaintiffs Buck Ruling In Insurance Antitrust Case
Thursday, Oct 11, 2007
The plaintiffs in an antitrust class action suit against the largest insurance companies in the United States are fighting a federal court's dismissal of the allegations last month, filing an appeal of the decision on Wednesday.10. Ruling Brings An End To Insurance Antitrust Suit
Monday, Oct 01, 2007
A district court judge has closed the book on an antitrust class action suit filed against the country's largest insurance companies, dismissing the final federal charges pending against them and refusing to allow plaintiffs the chance to amend. But a separate ERISA track in the case remains active.11. ERISA Dispute Heats Up Insurer Kickbacks Suit
Wednesday, Sep 19, 2007
Plaintiffs in the massive consolidated antitrust litigation against a group of insurers and brokers have renewed their battle to keep ERISA claims in the litigation, arguing that ERISA's strict requirements for fiduciaries are intended to protect workers and cannot be “so easily avoided.”12. Judge OKs $28M Insurance Suit Settlement
Wednesday, Sep 05, 2007
A federal judge has given the green light to a $28 million deal that will lay to rest claims against Arthur J. Gallagher & Co. in a dual-pronged antitrust class action accusing a group of insurers and brokers of conspiring to eliminate competition and reap supra-competitive prices.13. Brokers Score In Antitrust Conspiracy Class Action
Tuesday, Sep 04, 2007
A group of insurers and brokers has won a boost in a dual-pronged antitrust case accusing its members of conspiring to eliminate competition and reap supra-competitive profits, with a federal judge scrapping the claims after finding that the plaintiffs failed to supply sufficient facts to establish a global agreement among the broker competitors.14. Citing Tellabs, Circuit Court Hands Baxter Victory
Tuesday, Jul 31, 2007
On Friday, Baxter International Inc. once again fended off a putative securities class action related to the healthcare giant's revisions of its earnings statements in 2004.15. Plaintiffs Fight Dismissal In Broker Class Action
Monday, Jul 02, 2007
The plaintiffs in a dual-pronged consolidated antitrust case against numerous insurers and brokers including Marsh & McLennan Cos. Inc. and American International Group Inc. filed amended complaints Friday reiterating their allegations that the defendants conspired to eliminate competition and reap supra-competitive profits.16. Attorneys Seek $9M In Fees In Insurance Case
Wednesday, Jun 20, 2007
The latest motion to settle in the antitrust scandal affecting some of the nation's largest insurers and brokers asks for almost $9 million for the plaintiff attorneys' fees from the defendant, Arthur J. Gallagher & Co.17. Consumers Urge High Court To Hear Tamoxifen Cases
Wednesday, Jun 06, 2007
A group of consumers and unions have reiterated their battle cry for the nation's highest court to take up the tamoxifen citrate antitrust litigation, arguing that the case presents “a straightforward opportunity” to weigh in on the legal issues surrounding authorized generics.18. AstraZeneca Sued Over Seroquel Promotions
Friday, May 18, 2007
Three health funds have filed a lawsuit against AstraZeneca alleging the pharmaceutical company has promoted its antipsychotic drug, Seroquel, for off-label uses, and that doctors have been prescribing it instead of less expensive and more effective drugs for some conditions.19. Motorola Settles Securities Class Action For $190M
Wednesday, Apr 18, 2007
Motorola Inc. on Monday agreed to pay $190 million to a securities fraud class action relating to its dealings with two Turkish companies.20. Claims Dismissed In Insurer Class Action
Monday, Apr 09, 2007
A federal judge on Thursday dismissed bid-rigging claims brought against Marsh & McLennan Cos. Inc. and several other insurance brokers and providers in a long-running, multidistrict class action lawsuit.