News

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New York Congressman Indicted on Insider Trading Charges

August 16th, 2018

New York Congressman Christopher Collins (“Collins”) was recently arrested and charged with insider trading.  The indictment alleges that Collins, who served on the Board of Directors of...

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A Supreme Court Decision and Executive Order Change the Hiring Process For the SEC’s Administrative Law Judges

August 1st, 2018

On June 21, 2018, in its ruling in Lucia v. Securities and Exchange Commission, No. 17-130, the United States Supreme Court held in a vote of 7-2 that the Securities and Exchange Commission’s...

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Massachusetts Federal Court Approves Over $70 Million in Pay-For-Delay Settlements

August 1st, 2018

On July 18, 2018, U.S. District Judge Denise J. Casper granted final approval to two settlements between a class of direct purchasers and drugmakers Impax Laboratories Inc. and Medicis...

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Closing Time for California Employers Who Short Workers’ Wages at the End of Shifts

July 27th, 2018

On July 26, 2018, the California Supreme Court ruled that Starbucks cannot rely on the de minimis doctrine to combat its ex-employee’s claims for unpaid wages when closing the coffee shop at the...

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Minnesota Federal Court Ices NHL Players’ Concussion Litigation

July 16th, 2018

On July 13, 2018, the United States District Court for the District of Minnesota declined to certify a class of retired National Hockey League (“NHL”) players seeking long term medical...

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Ain’t That a Sham? FTC awarded $448 million over sham litigation claim for Androgel

July 5th, 2018

On Friday, June 29, the FTC prevailed against Abbvie and Besins after a bench trial in which the FTC sought disgorgement damages for sham litigation against generic competitors over the drug,...

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Supreme Court Closes Tax Loophole for Online Retailers

June 26th, 2018

In a 5-4 decision yesterday, the Supreme Court closed a tax loophole that prohibited states from taxing certain online retailers.  In South Dakota v. Wayfair, Inc., the Court overruled its 1992...

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New York Court Reaffirms Employees’ Rights to Seek Class-Wide Relief for Wage Violations, Regardless of Immigration Status

June 20th, 2018

On May 17, 2018, Justice Jeffrey Brown of the New York State Supreme Court for Nassau County shot down an argument that the plaintiffs, who were former employees of the defendants, could not...

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Faruqi & Faruqi Represents Consumers Against Saks in Recent Data Breach

June 18th, 2018

On June 8, 2018, Faruqi & Faruqi, LLP filed a class action lawsuit against Saks & Company LLC, parent company for all Saks OFF 5TH and Saks Fifth Avenue stores nationwide, regarding the massive...

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Supreme Court Tells China to Read the Rules

June 15th, 2018

In a unanimous decision, the Supreme Court today politely told China to take a back seat while U.S. courts interpret Chinese law. For over a decade, antitrust litigation has been pending in the...

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