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1 Min Read The opioid-liability lawsuit that Arlington County, Virginia, filed in state court in 2019 against a host of drug manufacturers, distributors and pharmacies belongs in federal court, the 4th U.S. Circuit Court of Appeals held Monday in a win for two subcontractors of pharmacy benefits manager Express Scripts Inc. Reversing last year’s ruling by a lower court, the 4th Circuit held that Express Scripts Pharmacy Inc and ESI Mail Pharmacy Service Inc had grounds for federal jurisdiction because part of their business includes administration of the TRICARE Mail-Order Pharmacy, part of...

Press release content from Business Wire. The AP news staff was not involved in its creation. Cigna + Oscar Expands Small Businesses’ Access to Affordable Health Plans in California April 8, 2021 GMT NEW YORK--(BUSINESS WIRE)--Apr 8, 2021-- Cigna, a leading global health service company, and Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Cigna + Oscar1 small business health insurance will be available in the Bay Area, Central Coast, Greater Sacramento, Inland Empire, Los Angeles, Orange County...

To embed, copy and paste the code into your website or blog: By now we should all be well-schooled in the various types and sources of fraud claims, as well as the dangers of undefined fraud carve-outs to the sell-side in an M&A transaction governed by Delaware law. But a recent decision by the Delaware Supreme Court, Express Scripts, Inc. v. Bracket Holdings Corp., 2021 WL 752744 (Del. Feb. 23, 2021), provides an opportunity to reaffirm that prior schooling and ensure, for the sell-side, that fraud carve-outs only encompass deliberate lying by the seller itself respecting the negotiated con...

The Delaware Supreme Court, sitting en banc, unanimously held that a trial court committed reversible error by instructing a jury that a seller of a business could be liable for fraud through...

In Express Scripts, Inc., et al. v. Bracket Holdings Corp., the Delaware Supreme Court, sitting en banc, reversed and remanded the decision of the Delaware Superior Court, holding...