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Judge says Parmalat fraud suit can proceed
Recent Cases 04/16/2008A New Jersey Superior Court judge ruled Tuesday that a $7 billion lawsuit filed by Italian dairy giant Parmalat SpA against Citigroup could go forward on a claim that Citigroup aided and abetted former Parmalat executives in misappropriating company ...
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Court Steps Into Utilities Case
Recent Cases 04/15/2008The Supreme Court on Monday agreed to hear an environmental case in which utility companies want to revive an industry-friendly regulation put in place by the Bush administration. The dispute with environmental groups revolves around the harm compani...
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Class Action Cites Zetia & Vytorin
Recent Cases 04/11/2008In a shareholder's class action that neatly summarizes complaints about Schering-Plough Corp.'s sales of its cholesterol drugs Zetia and Vytorin, the Arkansas Teacher Retirement System claims: "Sixteen months after completion of a study showing that ...
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