Israeli Pension Fund Manager Leads Class Action Against Teva Pharmaceuticals Over Price-Hike and Opioid Scandals

Joining a long list of complainants against pharmaceutical giant Teva Pharmaceuticals and similar drug makers, Israel’s largest pension fund manager claims in a class action that Teva colluded with competitors to exorbitantly raise the price of generic drugs over the past five years.

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Class Skewers UK Pharma Firm Over Opioid-Addiction Treatment

Investors claim in a class action that U.K.-based health conglomerate Reckitt Benckiser Group PLC engaged in a multibillion-dollar scheme to facilitate opiate usage and abuse among U.S. consumers, generating over $3 billion in proceeds by allegedly misleading consumers and investors about risks of the company’s Suboxone film and Suboxone tablets, prescription drugs used to treat opioid addiction.

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Earthstone Energy Shareholders Score Partial Victory in Delaware Supreme Court

(CN) – The Delaware Supreme Court ruled in favor of oil and gas firm Earthstone Energy Inc., tossing shareholders’ claims that the company misled them into approving an unfair transaction between Earthstone and Bold Energy III LLC, but the court stopped short from killing the case altogether.

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Fannie, Freddie Shareholder Suit Faces En Banc Review

The Fifth Circuit Court of Appeals agreed to rehear an action by Fannie Mae and Freddie Mac shareholders after a divided three-judge panel concluded that the Federal Housing Finance Agency (FHFA) was unconstitutional.

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