Stay updated with breaking news from Denisel Cote. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A Manhattan federal judge on Friday sentenced Florida private equity manager Elliot Smerling to eight years in prison for defrauding two banks of over $140 million in order to bankroll a lavish lifestyle, faulting him for a "brazen" eight-year fraud.
A New York federal judge on Wednesday threw out a proposed class action over Pfizer's Chantix recall, ruling that the consumers haven't adequately alleged that Pfizer made any misrepresentations as to the presence of a possible carcinogen in the drug.
US competition updates from the FTC regarding maximum penalty for violations, a limitation on future mergers and antitrust claims for the drug Daraprim, US competition litigation updates, and Mexico’s antitrust authority suspended several procedural deadlines
US competition updates from the FTC regarding maximum penalty for violations, a limitation on future mergers and antitrust claims for the drug Daraprim, US competition litigation updates, and Mexico’s antitrust authority suspended several procedural deadlines
Martin Shkreli cannot hide beyond First Amendment assertions against a lifetime ban from the pharmaceutical industry for antitrust violations, the Federal Trade Commission and state attorneys general told a New York federal judge Wednesday, because the whole point is to prevent future illegal conduct.