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TOP NEWS
POLICY & REGULATION
LITIGATION
Cassava Investors Ink $31M Drug Suit Deal Alongside Appeal
By Bonnie Eslinger
Cassava Sciences investors have asked a Texas federal judge to preliminarily approve a $31 million settlement that ends their claims the pharmaceutical company inflated its stock prices with misleading information about its Alzheimer's drug research, a deal that could be upended if the court's class certification order is reversed on appeal.
Settlement attached |
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Sodexo Can't Wipe Out Worker's Nicotine Fee Suit
By Kellie Mejdrich
A California federal judge refused to toss a Sodexo worker's proposed class action alleging the global food services company wrongly charged nicotine-using employees $1,200 more a year for health insurance, opening discovery on allegations that a wellness program implementing the surcharge didn't meet all federal requirements.
Order attached |
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