News

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Congressional Democrats Fight for Workers’ Rights

November 5th, 2018

On October 30, 2018, Congressmen Jerrold Nadler (D-N.Y.) and Bobby Scott (D-VA) took a crucial step to combat employer’s use of arbitration agreements to restrict workers’ rights by...

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Trump Department of Justice Reverses Position on Trans Rights

November 1st, 2018

On October 25, 2018, the Department of Justice (“DOJ”), arguing on behalf of the Equal Employment Opportunity Commission (“EEOC”), contradicted the EEOC’s prior position regarding the...

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Motion to Dismiss Opposed in Exforge Pay-for-Delay Antitrust Suit

October 26th, 2018

Faruqi & Faruqi represents a proposed class of direct purchasers of high blood pressure drug Exforge in a pay-for-delay antitrust suit against Novartis and Par Pharmaceutical.  Faruqi seeks...

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The SEC Issues Investigative Report Cautioning Public Companies To Consider Cyber Threats When Implementing Internal Accounting Controls

October 23rd, 2018

The United States Securities and Exchange Commission (“SEC”) issued an investigative report on Tuesday, October 16, 2018 cautioning public companies to consider cyber threats when implementing...

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New California Law on Blockchain Technology

October 23rd, 2018

California recently passed Senate Bill No. 838 (the “Bill”), which will allow private and social purpose corporations incorporated in-state to use blockchain technology to issue stock and keep...

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It May Be Fall But the Generic Pricing MDL Springs Forward

October 18th, 2018

On October 16, 2018, the United States District Court for the Eastern District of Pennsylvania (Rufe, J.) entered an opinion and order denying over 30 separate motions to dismiss filed by 15...

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Bitcoin Price Plummets Amid Reports of Regulatory Scrutiny and Market Manipulation

October 10th, 2018

Bitcoin’s price has decreased 60% since reaching its record high last year.  This can be attributed to at least two factors: regulatory scrutiny and market manipulation. Regulatory Scrutiny:...

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Ninth Circuit Reverses Lower Court Decision On Trans Fat Labeling Class Action

October 10th, 2018

On October 4, 2018, the United States Court of Appeals for the Ninth Circuit reversed the lower court’s ruling in Hawkins v. The Kroger Company, No. 3:15-cv-02320, holding that a “0g Trans...

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New York State Increases Protections against Sexual Harassment in the Workplace

October 9th, 2018

On Tuesday, October 9, 2018, New York workers will be assured additional resources to combat sexual harassment in the workplace.  Employers in the Empire State will be required to establish a...

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Tesla and Musk Settle for $40 Million with SEC over Musk’s Misleading Tweet

October 2nd, 2018

The U.S. Securities and Exchange Commission (“SEC”) filed a civil complaint on September 27, 2018 against Tesla’s Chief Executive Officer Elon Musk (“Musk”) for making false and...

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