Category: Legal News
The plaintiffs in 185 lawsuits filed against C.R. Bard over its Avaulta pelvic mesh as part of a multi-district litigation want their cases tried together.
Ex-ArthroCare CEO Michael Baker wants a new trial after being sentenced to 20 years in prison for his part in a scheme to defraud investors.
Covidien says it received a subpoena from the inspector general of the U.S. Health & Human Services Dept. over some of its peripheral vascular devices.
Here's a look at some of the top legal news stories for medical device companies this week: J&J demands $7.2 billion from Boston Scientific as trial begins; Bard still on the hook for its share of $5m pelvic mesh verdict; Boston Scientific to pay $18.5m in pelvic mesh case; Justice Dept. recoups $6B in False Claims Act cases
Back-to-back losses in pelvic mesh lawsuits could drive up the cost – and urgency – of settling thousands of other such cases for Boston Scientific, legal experts say.
The U.S. Justice Dept. says it recouped nearly $6 billion from civil cases alleging fraud and false claims against the federal government, including $2.3 billion from healthcare cases.
The U.S. Justice Dept. said it recouped a record $5.69 billion in settlements and judgments from False Claims Act cases during the fiscal year ended Sept. 30, including some $2.3 billion in recoveries from healthcare cases.
Johnson & Johnson wants a federal judge to make Boston Scientific cough up some $7.2 billion - 40% of Boston's market cap - over J&J's jilting by Guidant Corp.