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TOP NEWS Insys Founder John Kapoor Gets 5½ Years Insys Therapeutics Inc. founder John Kapoor was sentenced to more than five years behind bars Thursday as victims decried him as a “mobster” and “murderer” who devastated countless families by bribing doctors to prescribe a powerful opioid spray. Wells Fargo Ex-CEO Fined $17.5M For Role In Sales Scandal The Office of the Comptroller of the Currency said Thursday that it is bringing enforcement actions against five former Wells Fargo executives and has reached settlements with three others over their alleged roles in the bank's sales practices scandal, including a $17.5 million fine for former CEO John Stumpf.
9th Circ. Upholds FCC's Bid To Speed Copper Retirement A Ninth Circuit panel on Thursday negated an attempt by public advocacy organizations to challenge a Federal Communications Commission rule that sped the transition from copper to fiber networks, finding the groups weren’t directly connected to the matter.
Chase Card Interest Case In Peril After Dismissal Endorsed A New York federal judge has given his thumbs-down to a Chase credit card holder's proposed class action that banking industry groups have warned could upend trillions of dollars in asset-backed securitizations, concluding that the state-law usury claims at issue in the case are preempted.
Zantac Users Pile On Cancer Claims Ahead Of JPML Hearing Sanofi was hit with another proposed class action by a woman in Chicago who alleges the drugmaker failed to warn consumers that Zantac contained a potent carcinogen, a week before a panel decides whether to rope similar claims into multidistrict litigation.
Dems Criticize 'Dark Money' In CFPB High Court Case A trio of Senate Democrats took aim at what they say are "plainly inadequate" transparency rules for amicus briefs at the U.S. Supreme Court, saying a wave of recent court filings opposing the Consumer Financial Protection Bureau are the result of "a small and powerful cabal of self-interested entities."
Consumer Protection Group Of The Year: Morgan & Morgan Morgan & Morgan was the driving legal force behind a massive settlement arising from the unprecedented Yahoo data breach and helped secure the $380.5 million Equifax deal over compromised data, landing it a spot on Law360's 2019 Consumer Protection Groups of the Year. DeVos Wants Boosted Contempt Bid Squashed The U.S. Department of Education has asked a California federal court not to jack up the $100,000 sanction it slapped Education Secretary Betsy DeVos with last year after her department violated a court order by billing thousands of students with loans tied to the disgraced and defunct Corinthian Colleges.
Insys VP Who Dressed As Dancing Opioid Gets 2 Years Former Insys Therapeutics Inc. Vice President Alec Burlakoff, infamous for dressing as an anthropomorphic bottle of fentanyl spray and rapping about titration in a sales video, was sentenced Thursday to 26 months in prison for his role in a conspiracy to bribe doctors to prescribe opioids. AGs Tell Justices Not To Scrap CFPB Over Removal Provision Nearly two dozen state attorneys general have told the U.S. Supreme Court that nixing a structural element of the Consumer Financial Protection Bureau doesn’t also require invalidating the agency entirely or related provisions of the Dodd-Frank Act, as a California law firm has asserted in its constitutional challenge to the agency.
In Redo, Altice Wins Ruling Halting NJ Cable Refund Order A federal judge on Wednesday issued a preliminary injunction against the New Jersey utility board's demand that Altice USA offer prorated refunds to customers who cancel the cable operator's service, ruling that federal law bars the state board from regulating the provider's service rates.
AT&T Says $1.8M Crypto Theft Claims Have 'Critical Holes' AT&T is defending its motion to dismiss claims that it failed to prevent the theft of $1.8 million in cryptocurrency, telling a California federal court that a technology consultant's arguments contain "critical holes" that sink his complaint.
IBM Hit With Biometric Privacy Suit Over Image Use IBM Corp. is accused in an Illinois court lawsuit of violating the state's landmark biometrics law when it allegedly collected photographs to develop its facial recognition technology without getting consent to use biometric information from the subjects.
CBD Buyer Fights Fla. Retailer's Bid To Toss False Ad Suit A consumer urged a Florida federal judge Wednesday to reject a CBD retailer's bid to toss her proposed class action, arguing that her allegations that the retailer overstates the amount of CBD in its gummies and oil are "classic" false advertising claims and have nothing to do with pending CBD federal regulations.
New ADA Suit Says Charlotte's Website Not Blind-Accessible Charlotte’s Web Inc. is the latest CBD retailer to be caught in a recent wave of proposed class actions against cannabidiol companies whose websites allegedly violate the Americans with Disabilities Act by lacking functionality for the blind.
Maine Wants 1st Circ. To Unblock Pay-Per-Channel Cable Law Maine wants the First Circuit to give it the go-ahead to start enforcing its new law that would allow customers to buy channels individually without being locked into a specific cable package, after a federal judge blocked it from taking effect. Tribal Co. Deserves Same Exemption As Tribe, 9th Circ. Told A tribal business entity should enjoy the same exemption from California excise tax that is afforded to tribes themselves, a Native American cigarette company has told the Ninth Circuit.
Fla. Cruise Line Hit With TCPA Suit Over Alleged Robocalls A Florida cruise line on Wednesday was hit with the latest in a series of proposed class actions accusing travel companies of robocalling consumers who say they never gave the company the go-ahead to call them.
Buyers Claim Coke's Tea Not Honest About Sugar Content A proposed class of tea drinkers sued The Coca-Cola Co. in New York federal court Thursday, alleging it misleads customers into thinking its “Honest” brand of teas are low in sugar by claiming they're “just a tad sweet.”
Analysis What To Know As Alphabet Hits 'Search' On A New CLO Google's parent company is on the hunt for a new top lawyer after its embattled chief legal officer announced he would leave next week. Experts say there are lessons others can learn as the tech giant hits the search button. Analysis Breaking Down Michael Avenatti's Nike Extortion Trial Once plastered all over cable news screens, Michael Avenatti will soon be making his first of several planned appearances before a different audience: federal jurors. The embattled attorney and former Trump sparring partner will be facing an uphill battle next week in New York as he fights charges that he tried to extort millions of dollars from Nike. Ex-Trump Counsel Battling Subpoena Says Clients Call Shots Former White House counsel Don McGahn told a New Jersey audience Thursday that it’s the client, not the attorney, who decides if a lawyer will testify in a legal matter, giving insight into his fight to kill a subpoena connected to the impeachment trial underway. California Bar Mulls Licensing Nonlawyer Professionals California State Bar leaders took another step Thursday toward opening up the regulation of legal services in the state, launching the assembly of a task force to explore a licensing scheme under which paraprofessionals would provide certain legal services and advice to consumers. Ground Rules For Live-Video Testimony Spelled Out In NJ A New Jersey state appeals court on Thursday said judges should consider the substance of witness testimony, among other factors, in deciding whether someone can testify via live video at a civil trial, ending at least eight years of uncertainty about the parameters of testimony permitted by the state Supreme Court but unaddressed in state court rules. Law360's Weekly Verdict: Legal Lions & Lambs Shaw Keller is a legal lion this week for helping Teva Pharmaceuticals score the earliest generic license for Allergan's Linzess, while The Bloom Firm landed among the legal lambs after a judge declined to sanction a billionaire after a trial on a former employee's sexual battery claims. Podcast Law360's The Term: The Larger Battle In A Montana Tax Case On this week’s episode of The Term podcast, we explain the arcane insult that Chief Justice John Roberts reintroduced on his first day — and night — overseeing President Donald Trump’s impeachment trial, and then bring on a special guest to dissect the high-stakes arguments in a Montana tax case questioning church and state boundaries.
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