fbpx
News
March 7, 2019

In the News Today – March 7 , 2019

2nd Circuit Tosses “Creative” Securities Suit Against Cigna: The U.S. Court of Appeals for the Second Circuit tossed a securities lawsuit against Cigna, which one judge called “a creative attempt to recast corporate mismanagement as securities fraud.” The lawsuit was brought after the company ran into regulatory issues over its acquisition of HealthSpring in 2012. (New York Law Journal)

Pa. Supreme Court Warns Against Questionable Evidence in Asbestos Cases: The Pennsylvania Supreme Court said the use of vague evidence of asbestos exposure makes it almost impossible for jurors to split damage awards in multi-defendant cases. One justice asked, “How does a jury do this in a nonarbitrary way when all the evidence suggests it’s impossible?” (Law360)

Arizona skyline Blog Arizona Governor Signs Law to Prevent Over-naming in Asbestos Lawsuits Asbestos Blog West Virginia Wants to Pay Jurors More---That’s a Good Thing Asbestos, Other Issues Podcasts Episode 18: Why Federal Securities Suits Don’t Belong in State Court Securities Litigation Reform Stock data News D&O Diary Looks At 2021 Litigation Trends Securities Litigation Reform News D&O Diary Blog Calls For Congress To Take Up Securities Reforms Proposed In New ILR Briefly Securities Litigation Reform

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings