LexisNexis® Legal Newsroom
Thomas O. Gorman
The N.Y. Attorney General’s Lawsuit Against E&Y: Substance vs. Form

Lehman Brothers' auditor Ernst & Young was named as a defendant in a Martin Act securities fraud suit by the New York Attorney General. The complaint claims that for years the giant accounting firm issued clean audit opinions on Lehman's financial...

arnold
Marketing Medical and Consumer Products in Social Media

The Internet is now one of the most popular ways Americans obtain information on medical and consumer products. The emergence and growth of social media have changed traditional notions of what is regulated, who is responsible for product-related messaging...

Michael Lefkowitz
Minnesota Panel Lets Marlboro Lights Class Action Proceed

MINNEAPOLIS - (Mealey's) A lawsuit alleging that Philip Morris USA used deceptive trade practices and false advertising to market its Marlboro Lights cigarettes may proceed in Minnesota as a class action, the state Court of Appeals ruled Dec. 28,...

arnold
Avoiding the Pitfalls of Selling to California Consumers

Companies that sell to consumers, directly or indirectly, are subject to an array of federal and state laws and regulations. Selling goods and services to California consumers is especially challenging because the state has a panoply of uniquely stringent...

Tom Moylan
W.Va. High Court: State Consumer Law Doesn’t Apply To Drug Cases

CHARLESTON, W.Va. - (Mealey's) The West Virginia Supreme Court of Appeals on Dec. 17 ruled that plaintiffs must show reliance and ascertainable loss in state consumer fraud cases and said the state law does not apply to prescription drugs ( Shirley...

Timothy Raub
'Largest Single Forfeiture In U.S. History' Announced In Madoff Lawsuit

NEW YORK - (Mealey's) In what is being called the "largest single forfeiture in U.S. history," the U.S. attorney for the Southern District of New York and others announced Dec. 17 that they have reached a $7.2 billion settlement with the...