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This Week In Securities Litigation (Week of June 5, 2023)

The Commission settled its first insider trading case based on crypto assets last week. The agency also filed new actions centered on offering frauds…

Court upholds Bausch Health victory in Xifaxan fight; Norwich generic blocked until 2029

A U.S. District Court judge in Delaware has denied Norwich Pharmaceuticals’ motion to modify the court’s final judgment, which blocks the FDA from approving their 550 mg rifaximin generic until Oct. 2, 2029. This decision by Judge Richard G. Andrews bolsters his previous ruling that Norwich’s abbreviated new drug application for rifaximin infringed on Bausch Health’s

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