The U.S. Court of Appeals for the Second Circuit has resurrected a class action lawsuit filed by Pfizer Inc. shareholders who allege the drug maker misled them about certain pain-relieving drugs and, in turn, cost them billions. In its April 12 decision, the federal appeals court vacated the judgment of the U.S. District Court for the Southern District of New …
Pharmacist counts prescription pills. Credit: KARE 11
GOLDEN VALLEY, Minn. – A major company has rolled back the price of a potentially life-saving prescription drug after a KARE 11 News investigation. But the decision has some people asking how often we’re being overcharged on other medicines.
REUTERS/Lucas JacksonMartin Shkreli. NEW YORK (Reuters) — Former pharmaceutical executive Martin Shkreli suffered a roughly $40 million drop in the value of a trading account used to secure his bail following his arrest on securities fraud charges, a U.S. prosecutor said on Wednesday. At a hearing in federal court in Brooklyn, Assistant U.S. Attorney Winston Paes said the account contained …