Class Action Law360 provides breaking news and analysis on class actions and multidistrict litigation. Coverage includes developments in multiparty litigation in federal and state courts, as well as policy issues and court rulings that affect class action procedure.
The doctrine barring courts from changing Federal Energy Regulatory Commission-accepted rates doesn't cover claims that Eversource Energy and Avangrid Inc. manipulated natural gas supplies and drove up New England electricity prices by $3.6 billion, customers told the First Circuit Monday.
Lupin Pharmaceuticals cut a deal that will allow it to escape antitrust claims leveled against it by Walgreens, CVS and other retailers that it conspired with two other pharmaceutical companies to keep generic versions of birth control drug Loestrin off the market.
A New York federal court on Friday trimmed the roster of foreign exchange dealers tied to the proposed class action alleging they manipulated the foreign exchange market, finding that it lacked jurisdiction over the foreign banks.
Caremark has told an Ohio federal court that it inked a tentative deal to resolve a proposed class action accusing it of divulging the protected health information of 6,000 Ohio residents by mailing letters in envelopes that revealed names and references to HIV diagnoses.
SunCoke Energy Partners LP told a Delaware federal judge that an investor suit seeking to hold up its merger with its general partner and majority owner "follows a familiar template" of asserting nondisclosure claims that courts routinely reject.