From Bloomberg News | A Bankruptcy Court judge ruled Tuesday that creditors can file state suits against former Tribune Co. shareholders who netted billions of dollars when the media company was taken private in 2007. Federal lawsuits are under way on the matter. The company filed for Chapter 11 in 2008.
Filed under: Litigation
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March 22 at 2:17 p.m.
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Filed under: Bankruptcy, Litigation, Media, Newspapers, Radio, TV Ex-Tribune Co. shareholders open to new suits
Apple sues Amazon over its ‘App Store’
Apple Inc. sued Amazon.com Inc. over its use of the phrase App Store, accusing the online retailer of trademark infringement. In a complaint filed March 18 in the U.S. District of Northern California, Apple asked the court for an injunction stopping Amazon from using the name as well as unspecified damages. Get the full story »
Bayer’s U.S. unit charged with sex discrimination
Six former and current employees of Bayer AG’s U.S. health care arm filed a $100 million gender discrimination lawsuit Monday, claiming the U.S. unit discriminates against its female employees in terms of pay and promotion, as well as pregnancy leave. Get the full story »
Rival sues to open sales of generic Lipitor in June
Mylan Inc. has sued the Food and Drug Administration to get generic versions of Pfizer Inc.’s Lipitor on the market in late June and block India’s Ranbaxy from receiving 180 days of marketing exclusivity for its version of the medicine.
Ranbaxy is expected to launch its generic Lipitor Nov. 30 under a settlement with Pfizer and remain free of multiple competitors for 180 days, as the first company to apply to sell a cheaper version of the world’s best selling prescription medicine. Get the full story »
3M settles McNerney-era age discrimination suit
3M Co. has offered to pay up to $12 million to settle a lawsuit that accused the diversified industrial company of discriminating against older workers in performance evaluations, promotions and layoffs. Get the full story »
FDIC sues former execs, wives in WaMu failure
The Federal Deposit Insurance Corp. sued three former executives of the failed Washington Mutual Bank, along with two of their wives, in a lawsuit filed on Wednesday.
The FDIC is seeking $900 million in damages, charging gross negligence and other failures by the former executives in the run up to WaMu’s collapse in September 2008, the largest U.S. banking failure. Get the full story »
Appeal lost, CN must spend $68M on underpasses
Canadian National Railway Ltd. lost its U.S. court appeal to reverse a U.S. regulatory order that requires it to pay for the majority of the costs associated with two highway grade separation projects in Illinois.
CN will not appeal the decision of the U.S. Court of Appeals for the District of Columbia Circuit in Washington, the Montreal company said in a statement Tuesday. Get the full story »
March 15 at 11:59 a.m.
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Filed under: Education, Internet, Litigation, Technology, Telecommunications Advocates for blind sue NU over use of Gmail
An advocacy group has filed a complaint with the federal government accusing New York University and Northwestern University of discriminating against the blind by adopting Google’s e-mail program. Get the full story »
Medline settles Medicare kickback case for $85M
An Illinois medical products company will pay $85 million to settle a whistleblower lawsuit accusing it of paying fraudulent kickbacks to hospitals and companies such as HCA Inc and HealthSouth Corp that buy supplies paid for by Medicare and Medicaid. Get the full story »
Walgreen Co. accused of selling patient data
A lawsuit filed in California this week accuses national drug-store chain Walgreen Co. of unlawfully selling medical information gleaned from patient prescriptions, another front in the battle over personal information.
Unlike suits that focus on patient privacy, the plaintiffs accuse Walgreen Co. of depriving them of the commercial value of their own prescription information. Get the full story »
AstraZeneca settles deceptive marketing claims
British drugmaker AstraZeneca Plc has agreed to pay $68.5 million to resolve allegations by U.S. state regulators that its marketing of the multibillion-dollar antipsychotic drug Seroquel was deceptive.
The accord with 37 U.S. states and Washington, D.C., is the largest multistate, consumer protection-based pharmaceutical settlement on record, said Paula Dow, attorney general of New Jersey, which is among the settling states. Get the full story »
Illinois AG sues four ice companies
Illinois Attorney General Lisa Madigan has filed a lawsuit against four ice companies that allegedly agreed not to compete against each other. The suit claims that the four packaged ice manufacturers — Lang Ice Co., Home City Ice, Sisler’s Dairy and Products Inc. and Tinley Ice Company — made deals to divvy up markets, trade customers and share price information in central and northern Illinois. Get the full story »
American Apparel CEO held teen as sex slave: Suit
Dov Charney. (Reuters)
American Apparel founder and chief executive Dov Charney is being sued for $250 million by a woman who said he treated her as a sex slave when she was a teenage sales employee at the clothing chain.
Irene Morales of Brooklyn, New York, has accused Charney, 42, of sexual harassment, creating a hostile workplace, gender discrimination and retaliation.
American Apparel and directors at the company have also been named as defendants in the lawsuit, filed in a New York state court on Friday. Morales accused them of failing to protect her, and said they knew or should have known that Charney was a “sexual predator.” Get the full story »
Skechers sues Sears over toning-shoe patents
Skechers USA Inc. Tuesday said it filed a lawsuit against Sears Holdings Corp., alleging the retailer sells footwear that infringes some of the shoe company’s products.
The footwear design and marketing firm alleged Sears sells products at its namesake and Kmart retail stores that infringe Sketcher’s Shape-ups, Twinkle Toes and Z-Strap product lines. Skechers is the market leader in the toning segment — shoes that promise to burn calories and firm muscles. Get the full story »
