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Inspire Pharma - with deep Triangle roots - settles civil fraud claim

2015-06-19 03:02:41| Biotech - Topix.net

Inspire Pharmaceuticals , a company with a 20-year history in the Triangle, has agreed to pay $6 million to settle a federal civil fraud claim that it marketed an eye treatment for uses that the U.S. Food and Drug Administration had not approved, according to the U.S. Attorney's Office for the Southern District of New York. The office said in a press release that Inspire "misleadingly focused on purported anti-inflammatory properties of AzaSite that were unsupported by substantial evidence or substantial clinical experience in order to cause doctors to prescribe AzaSite for for uses not covered by federal healthcare programs."

Tags: deep civil claim fraud

 

Michael Kors settles US lawsuit alleging deceptive price tags

2015-06-13 01:51:57| Apparel - Topix.net

Michael Kors Holdings Ltd agreed to pay US$4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains. A model presents a creation from the Michael Kors Fall/Winter 2015 collection at New York Fashion Week February 18, 2015.

Tags: price michael tags lawsuit

 
 

Nike settles lawsuit against former designers

2015-06-06 11:41:23| Apparel - Topix.net

Nike Inc. has settled a contentious and high-profile lawsuit against three former shoe designers just as the case entered the critical discovery phase. The case was in the middle of a grueling stretch of discovery and depositions.

Tags: designers nike lawsuit settles

 

Tracy Morgan settles suit with Wal-Mart over fatal crash

2015-05-27 23:46:19| Electronics - Topix.net

In this April 9, 2014 file photo, actor Tracy Morgan attends the FX Networks Upfront premiere screening of "Fargo" at the SVA Theater in New York. Actor-comedian Morgan has settled his lawsuit against Wal-Mart over a New Jersey highway crash that killed one man and left Morgan and two friends seriously injured.

Tags: suit morgan crash fatal

 

UPS settles complaint it shortchanged government customers

2015-05-22 14:37:46| Trucking - Topix.net

United Parcel Service Co. agreed to pay more than $25 million to settle complaints that it kept false records to hide late deliveries and collect more for overnight packages to government customers.

Tags: government customers ups complaint

 

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