Wecht
HARRISBURG – The Supreme Court of Pennsylvania has affirmed a lower court ruling which declared not only that Amerprise Financial was deceptive in its sale of insurance and financial services, but that proving intent to deceive isn’t required to win such a case filed under the state consumer protection law.
In a 4-3 ruling on Feb. 17, the state’s high court
upheld a decision from the Superior Court of Pennsylvania, which also found that protections outlined in the Unfair Trade Practices and Consumer Protection Law applied to plaintiffs Gary and Mary Gregg, in their lawsuit versus Ameriprise Financial, Inc., Riversource Life Insurance Company and Robert A. Kovalchik.
In September 2019, the Pennsylvania Supreme Court agreed to review the decision in Gregg v. Ameriprise Financial, Inc. under Pennsylvania’s Unfair Trade Practices and Consumer.
Pennsylvania AG Sues Five Companies Involved in Alleged Mortgage Modification Scam | Goodwin jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Zappala
PITTSBURGH – Through an alliance of District Attorney Stephen Zappala and private lawyers, Allegheny County has filed suit against 10 different drug manufacturers, for damages connected to both the companies’ alleged false marketing of opioid drugs and the county’s combating the use and abuse of opioids.
Allegheny County filed suit in the Allegheny County Court of Common Pleas on Feb. 3 versus Allergan, Cephalon, Inc., Teva Pharmaceuticals, Endo, Janssen Pharmaceuticals, Johnson & Johnson, AmerisourceBergen Drug Corp., Cardinal Health and McKesson Corp.
“Fueled by dangerous prescription opioid drugs, Allegheny County, like many other cities, counties and states across the country, is now engulfed in an opioid epidemic, which has led to a public health and safety crisis of an unprecedented and disastrous nature,” the suit says.
SEBI disposes of adjudication proceedings against three entities, one individual after settlement
As per two separate orders passed on Thursday, it was alleged that the entities had indulged in non-genuine trades and created a false and misleading appearance of trading in the stock options segment of BSE. PTI
SEBI headquarters
SEBI has disposed of adjudication proceedings against three entities and an individual after they settled cases related to alleged fraudulent trading activities in illiquid stock options segment on BSE.
The individual Harish Kumar and Aryav Securities Pvt Ltd have settled the case.
As per two separate orders passed on Thursday, it was alleged that the entities had indulged in non-genuine trades and created a false and misleading appearance of trading in the stock options segment of BSE.