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Monthly Archives: October 2010
Toyota Plaintiffs Add Counts Under Japanese Securities Law
By Jack Simony Toyota shareholders filed a consolidated complaint using Japanese securities laws against the company and several of its officers and directors claiming the company issued misleading and false statements in conference calls with investors, The National Law Journal … Continue reading
Apotex Hit With $442 Million Judgment in Bloof Thinner Plavix Patent Suit
By Jack Simony A Manhattan federal district court judge ordered Apotex to pay $442,209,362 in damages, plus interest in a patent infringement case that was first filed in 2002 by Sanofi-Aventis and Bristol-Myers Squibb, The American Lawyer reported. Blood thinner … Continue reading
Menopause Drug Prempro Raises Death, Breast Cancer Risk, Report Says
By Jack Simony A new report in The Journal of American Medical Association says the new menopause drug Prempo increases a woman’s risk of beast cancer and makes them more likely to die of breast cancer, according to a report … Continue reading
Law Language Key in Vaccine Case Before Supreme Court
By Jack Simony The meaning of the word “unavoidable” was at the center of recent Supreme Court that in the end barred some, but not all, lawsuits against vaccine manufactures, The New York Times reported. The court was visiting a … Continue reading
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Medtronic Will Pay $268 Million to Settle Defibrillator Suits
By Jack Simony Medtronic will pay $268 million to end the Meditronic Sprint Fidelis defribillation suits following a 2007 recall of the devices, Law.com reported. The company’s decision comes as the related suits are pending in Minneapolis federal multidistrict litigation … Continue reading
Hedge Funds Have Stand-Out Month in September
By Jack Simony Hedge Funds Review reports September was a great month for hedge funds. In fact, all indexes are reporting the strongest performance in a very long time, according to the report. According to Eurekahedge, there was a 2.16 … Continue reading
From The New York Times Op-Ed Page: We Haven’t Hit Bottom Yet
By Jack Simony In a recent article, New York Times op-ed columnist Bob Herbert talks about the country’s political upheaval and its connection to the economic uncertainty going on at the same time. Read his column here. – By Jack … Continue reading
New York Yankees Go to the Post Season
By Jack Simony Congrats to the New York Yankees who are on their way to the post season! We’ll be closely watching the games. – By Jack Simony
Jack Simony 