Industry

Federal Judge Dismisses Pharmaceutical Industry Lawsuit Over Medicare Drug Pricing Program

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Austin, Texas – A federal judge in Austin has dismissed a lawsuit brought by pharmaceutical industry bodies challenging a new Medicare program that allows the government to negotiate prices for expensive drugs. U.S. District Judge David Ezra, appointed by Ronald Reagan, sided with the Biden administration in throwing out the lawsuit. The Pharmaceutical Research and Manufacturers of America (PhRMA) group and two others had claimed the program was unconstitutional. Under the program, known as the Inflation Reduction Act, the Department of Health and Human Services is authorized to seek lower prices for certain drugs, ultimately … Read more

Nevada Jury Awards $130 Million in Landmark Lawsuit Against Real Water: A Critical Wake-up Call for Product Safety in the Bottled Water Industry

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LAS VEGAS, Nevada – A Nevada jury has reached a landmark verdict in a case of negligence and product liability, awarding approximately $130 million in damages to five plaintiffs who suffered liver damage after consuming bottled water marketed by AffinityLifestyles.com Inc. and its Real Water brand. This ruling has significant implications for the bottled water industry, shedding light on the importance of product safety and quality control. The Real Water brand, known for its premium treated ‘alkalized’ drinking water with detoxifying properties, was sold in distinctive blue boxy bottles. Marketed extensively through social media and … Read more

The Battle for Climate Justice: States, Counties, and Cities Take on Energy Industry in Massive Lawsuits

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Los Angeles, California and numerous other states, counties, and cities across the country are engaged in an intense legal battle against the US energy industry in state courts. These entities have filed lawsuits against major energy companies like ExxonMobil and Shell, as well as the main trade association for the oil and gas industries, alleging that they have contributed to or facilitated the public nuisance of climate change. The plaintiffs are hopeful that, based on previous mass-tort settlements related to public nuisances, they will be able to secure a massive settlement worth potentially billions of … Read more

Holding the Third-Party Litigation Financing Industry Accountable: AdvaMed Urges Congressional Reform to Protect Patients and Innovation

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Washington, D.C. – The U.S. House Oversight Committee held a hearing on September 13, 2023, to address the concerns surrounding third-party litigation financing. AdvaMed and its members have expressed significant worries about the impact of these financing practices. They argue that third-party speculators, along with the attorneys they fund, are taking advantage of the mass tort litigation system, prioritizing their own financial gain over the well-being of patients, medical device manufacturers, and the general public. By investing substantial amounts into advertising campaigns, these attorneys and financial backers can generate a large number of cases, many … Read more