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Newell Brands Securities Suit Over Jarden Purchase Tossed Again

Newell Brands Inc. convinced the Third Circuit Tuesday to affirm the dismissal of a federal securities class action brought on behalf of purchasers of Newell stock who said company executives issued false and misleading financial guidance in connection with the $15.3 billion acquisition of competitor Jarden Corp.

Abbvie, Amgen Kickback Suit Dismissal Affirmed by Second Circuit

The U.S. Justice Department was right to seek dismissal of a whistleblower’s False Claims Act suit against pharmaceutical manufacturers and pharmacy benefit managers including Abbvie Inc., Amgen Inc., Aetna Inc., and Cigna Corp., among others, the Second Circuit affirmed Tuesday.

Teva’s $2.55 Million ERISA Settlement Denied Early Approval

Teva Pharmaceuticals USA Inc.‘s $2.55 million settlement with employees challenging the company’s 401(k) plan failed to receive preliminary court approval. A Philadelphia federal judge said he may sign off on the deal after the parties rethink aspects of their allocation and notification plans.

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