Avandia Securities Class Action Dismissed
Recent Cases
A federal judge dismissed a shareholders' class-action complaint that accused GlaxoSmithKline of violating securities laws by withholding or manipulating information about its heart drug Avandia. U.S. District Judge Louis Stanton dismissed for failure to state a claim, without leave to replead.
After discussing the studies and meta-analyses (studies of studies) of the drug, Judge Stanton bought Glaxo's arguments: "Defendants argue that the Court should dismiss the amended complaint because plaintiffs have not established that defendants have made a material misrepresentation or omission, plaintiffs do not sufficiently plead scienter, and the statements plaintiffs identify as false and misleading are forward-looking statements and thus are not actionable."
Related listings
-
Class Claims MetLife Cheats By Assuming Kids Will Smoke
Recent Cases 05/13/2008Metropolitan Life Insurance defrauds customers by illicitly and secretively applying smokers' rates to children who don't smoke, claiming that by the time they are adults the kids will be smokers, a class action claims in Middlesex County Court. Plai...
-
Inventor Of Secret Goggles Can't Sue Government
Recent Cases 05/12/2008The inventor of color-compatible night-vision goggles lacks standing to sue the government for compensation under the Invention Secrecy Act, after the U.S. Patent and Trademark Office withheld his patent for 14 years on "national security" grounds, t...
-
Talk About A Jury Of Peers ...
Recent Cases 05/09/2008A woman in the jury pool for a marijuana trial failed to return from a break because she was arrested for allegedly smoking a joint outside the courthouse, the judge told the Houston Chronicle. Criminal Court at Law Judge Sherman Ross told the newspa...
The Law Offices of John M. Lynch, LLC - Our goal is to serve you and make your experience a pleasant one
Our firm founder John M. Lynch is a proven trial lawyer with a record of success in state and federal courts. His former service as a police investigator and federal drug task force agent enable him to see a case from all sides. He is routinely hired by other attorneys to assist with criminal cases. His peer recognition is also evident in the recognition that he has earned with Top 100 Trial Lawyers, AV Preeminent Rating and Super Lawyers. He has also been named as one of the Best Attorneys in St. Louis, a Rising Star in Missouri and a Rising Star in Kansas. His unique and broad -based experience has led to unparalleled success that include dismissal of charges, acquittal and markedly beneficial settlements.
Attorney John M. Lynch comes from a strong law enforcement background with a decade of experience as a police investigator and federal drug task force agent. Paired with his legal degree from St. Louis University School of Law, Mr. Lynch provides a unique and candid perspective for people charged with a full range of criminal activities.