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A Paris court on Monday found pharmaceutical giant Servier guilty of “aggravated fraud” and “involuntary manslaughter” over its diabetes and weight loss pill, Mediator. The drug is blamed for hundreds of deaths, in what is the biggest medical scandal in France’s history. The court fined Servier €2.7 million and ordered the company to pay hundreds [...]

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The US Supreme Court heard oral arguments Monday in Goldman Sachs Group v. Arkansas Teacher Retirement System. In this class action suit, Arkansas’ largest retirement fund and other shareholders claim to have lost more than $13 billion between 2007 and 2010, due to false statements in the bank’s regulatory filings and public comments. They allege [...]

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