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POLICY & REGULATION
ENFORCEMENT & COMPLIANCE
Pharma Co. To Pay $46M Over Transplant Drug Kickbacks
By Sarah Jarvis
Veloxis Pharmaceuticals Inc. will enter a deferred prosecution agreement and pay more than $46 million to resolve criminal and civil allegations that the North Carolina-based drug manufacturer paid kickbacks to spur prescriptions and purchases of its kidney transplant immunosuppression drug Envarsus XR, the U.S. Department of Justice announced Monday.
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LITIGATION
Arkansas Medical System Escapes Target-Date 401(k) Suit
By Kellie Mejdrich
An Arkansas federal judge on Monday dismissed a proposed class action alleging Arkansas medical system Washington Regional mismanaged the system's employee 401(k) plan, holding that allegations of underperforming investment funds weren't backed up with enough comparisons to better-performing ones to state a claim for violating federal benefits law.
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LEGAL INDUSTRY
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