Michael P. Tremoglie News
GE Healthcare Inc. pays feds $30 million
DETROIT (Legal Newsline) - GE Healthcare Inc. has paid $30 million plus interest to resolve allegations that Amersham Health Inc., a 2004 company acquisition, violated the False Claims Act by causing Medicare to overpay for Myoview, a radiopharmaceutical.
Third Circuit reverses tax court
PHILADELPHIA (Legal Newsline) - The Third Circuit Court of Appeals ruled that an appeal by the Internal Revenue Service (IRS) of a U.S. Tax Court holding that PPL Corporation, a Pennsylvania company, was entitled to a foreign tax credit for the 1997 tax year.
Guilty pleas reached in $10 million bank fraud
NEW YORK (Legal Newsline) - The U.S. Attorney for the Southern District of New York has announced a guilty plea in a bank fraud and bank bribery scheme.
GE Funding Capital Services agrees to $70 million fine
Madigan WASHINGTON (Legal Newsline) - GE Funding Capital Market Services Inc. has agreed to pay $70 million in restitution, penalties and disgorgement to federal and state agencies over its role in anticompetitive activity in the municipal bond investments market.
3M files amended complaint against Lanny Davis
Davis WASHINGTON (Legal Newsline) - The ongoing litigation between 3M Company and former adviser to President Bill Clinton, political pundit and attorney Lanny Davis, continues.
EPA announces new clean air standards
Borelli WASHINGTON (Legal Newsline) - The Environmental Protection Agency announced new mercury and air toxics standards -- the first national standards related to power plant emissions.
NLRB adopts amendments to controversial ruling
WASHINGTON (Legal Newsline) - The National Labor Relations Board has announced that it has adopted a final rule amending its controversial new election case procedures.
Third Circuit reinstates $295 million DeBeers class action
PHILADELPHIA (Legal Newsline) - The U.S. Court of Appeals for the Third Circuit has reversed an earlier three-judge panel's decision, reinstating a $295 million settlement of a price-fixing class action against DeBeers diamond company.
SEC accuses former Fannie and Freddie execs of securities fraud
NEW YORK (Legal Newsline) - The Securities and Exchange Commission has charged six former executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud.
Texas oil company fined $12M for violations in Louisiana
LAFAYETTE, La. (Legal Newsline) - Houston-based Pelican Refining Co. has been fined $12 million for felony violations of the Clean Air Act at its Louisiana refinery.
Feds prosecute another mortgage fraud
ALEXANDRIA, Va. (Legal Newsline) - A federal grand jury indicted an Ashburn, Va., man Monday with conspiracy and mortgage fraud charges related to his role in alleged fraudulent mortgage loan transactions.
Madoff controller pleads guilty
NEW YORK (Legal Newsline) - Enrica Cotellessa-Pitz, the former controller at Bernard L. Madoff Investment Securities, on Monday pleaded guilty in federal court to falsifying books and records and making false filings to the Securities and Exchange Commission.
Judge rules against GSK in Paxil mass tort
Savage PHILADELPHIA (Legal Newsline) - U.S. District Judge Timothy Savage has once again rejected an attempt by GlaxoSmithKline to remove Paxil mass tort litigation case from the Philadelphia state courts to federal court in Philadelphia.
Ill. counties find themselves designated 'hellholes'
WASHINGTON (Legal Newsline) - Madison and St. Clair counties of southern Illinois have been ranked fifth among the American Tort Reform Foundation's "Judicial Hellholes" in an annual report released on Thursday.
Tort reform group has its eyes on Louisiana
Landry WASHINGTON (Legal Newsline) - Louisiana State University's football is not the only Bayou State institution being ranked this year. The state of Louisiana made the American Tort Reform Foundation's annual Judicial Hellhole list.
EPA awards more than $1 million in environmental justice grants
WASHINGTON (Legal Newsline) - The U.S. Environmental Protection Agency announced Thursday that it awarded more than $1 million in "environmental justice" grants to 46 non-profit and tribal organizations.
Corzine's testimony is 'height of disbelief,' says Congressman
Corzine WASHINGTON (Legal Newsline) - Jon Corzine, the former CEO of the bankrupt brokerage firm MF Global, has testified before Congress about his role in the company losing nearly a billion dollars.
Plaintiff expert report inadmissible in asbestos MDL
Robreno PHILADELPHIA (Legal Newline) - A federal judge presiding over thousands of asbestos cases combined in multi-district litigation has ruled that a plaintiff's expert report was inadmissible because it was in an "unsworn" form.
DuPont fined by N.J. Environmental Protection Dept.
Martin WILMINGTON, Del. (Legal Newsline) - The New Jersey Department of Environmental Protection has arranged for E.I. DuPont De Nemours & Co. to pay a fine of $725,000 and upgrade procedures for handling hazardous materials.
Agreement struck over two who suffocated in corn
Michaels MOUNT CARROLL, Ill. (Legal Newsline) - The U.S. Department of Labor announced Tuesday that it reached an agreement with the grain company Haasbach resolving 25 citations issued by the department's Occupational Safety and Health Administration.