Price

Lawsuit Accuses Three Insulin Manufacturers of Conspiring Together

A federal lawsuit is accusing three of the biggest drug manufacturers of insulin of conspiring together to raise their prices, but the pharmaceutical companies deny the allegations. The lawsuit, filed on in January in a federal court in Massachusetts, said Sanofi SA, Novo Nordisk and Eli Lilly & Co simultaneously hiked the price of the drug. Investment research firm SSR Health analyzed list …


Lawsuit Accuses Drug Makers of Conspiring to Hike Insulin Prices

More than 29 million Americans live with diabetes, and for some six million of them, insulin is a life or death medication. Between 2002 and 2013, the price of insulin more than tripled, to more than $700 per patient. A federal lawsuit accuses the three insulin manufacturers of conspiring to raise their prices.


Class Action OK vs Stericycle Over Medical Waste Disposal Billing Fraud Accusations

A federal judge has cleared the way for a nationwide class action to proceed against Stericycle over allegations the Lake Forest-based regulated waste disposal giant for years used an automatic price-increasing scheme to defraud customers out of hundreds of millions of dollars. U.S. District Judge Milton I. Shadur certified the plaintiffs class in a memorandum opinion and order issued Feb. 16 …


SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Novo Nordisk A/S and Certain Officers – NVO

Pomerantz LLP announces that a class action lawsuit has been filed against Novo Nordisk A/S (“Novo Nordisk” or the “Company”) (NYSE: NVO ) and certain of its officers. The class action, filed in United States District Court, District of New Jersey, and docketed under 17-cv-00506, is on behalf of a class consisting of all persons or entities who …


MPS (MPSX) ALERT: Johnson & Weaver, LLP Launches an Investigation Into the Fairness of Price and Process in Proposed Sale of Multi Packaging Solutions; Is $18.00 a Fair Price?

Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Multi Packaging Solutions; Is $18.00 a Fair Price? News provided by Johnson & Weaver, LLP Jan 24, 2017, 08:26 ET Share this article SAN DIEGO , Jan. 24, 2017 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the …


Lawsuit: Sears, JCPenney, Kohl’s & Macy’s Misled Consumers on Sale Prices

In recent years, a spate of retailers have been accused by customers of advertising “false” original prices on discounted or outlet merchandise in order to make consumers believe they are getting a steal of a deal . Now, the city of Los Angeles is joining the fray, suing JCPenney, Kohl’s, Sears, and Macy’s, alleging that in order to increase sales the companies used so-called “false reference …


L.A. Prosecutors Are Accusing Four Big Retailers — JCPenney, Sears, Kohl’s and Macy’s — of Tricking Shoppers

The Los Angeles city attorney’s office said it plans to sue four big retailers for deceptive advertising which allegedly misled shoppers into believing that thousands of products were on sale at a hefty discount. The retailers — JC Penney, Sears, Kohl’s and Macy’s — falsely advertised high “list” or “regular” prices on merchandise that was never actually for sale at that price, according to the …


Exxon Faces Climate Disclosure Lawsuit

The world’s first shareholder-led lawsuit over alleged inadequate disclosures of climate risk has been filed against Exxon. ClientEarth thinks it could be the first of many such legal actions. The filing of the case, in the US, follows revelations in Exxon’s third quarterly financial reports that it may be forced to write down nearly 20% of its oil and gas assets (the equivalent of 3.6 billion …


Wells Fargo Paying $50 Million to Settle Mortgage-Fee Lawsuit

More than 250,000 homeowners who had loans serviced by Wells between 2005 and 2010 and paid for this type of appraisal could receive at least $120 each. Under its mortgage servicing agreement, Wells can require borrowers who default on their loan to provide an informal estimate of the home’s value, usually from a real estate broker. Starting in 2001, Wells Fargo began ordering these “broker …