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TOP NEWS
FOURTH CIRCUIT
LITIGATION
CFTC Warns Against Prediction Market Insider Trading
By Aislinn Keely
The CFTC on Wednesday warned prediction market traders it "has full authority to police illegal trading practices" on regulated platforms as it flagged two penalties Kalshi levied against an editor for popular internet video brand MrBeast and a California political candidate who each allegedly flouted the platform's insider trading rules.
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$17.9M Drug Price-Fixing Deal Advances Despite Objections
By Aaron Keller
A Connecticut federal judge on Wednesday advanced a $17.9 million generic drug price-fixing settlement between 48 states and territories and pharmaceutical companies Bausch Health US LLC, Bausch Health Americas Inc. and Lannett Co. Inc., sidelining objections by consumers suing separately in a Pennsylvania multidistrict litigation case.
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EXPERT ANALYSIS
LEGAL INDUSTRY
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