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Trump DOJ punishes hedge fund manager who sued drug companies and shorted their stocks

By Daniel Fisher | Feb 7, 2019

The Trump Justice Department, following a tougher policy toward dubious False Claims Act lawsuits by private citizens, has moved to dismiss a pair of lawsuits by a former hedge-fund manager who shorted stock in pharmaceutical companies he accused of a wide-ranging price-fixing conspiracy.

American Law Institute puts off vote on Restatement of liability insurance law for a year

By W.J. Kennedy | May 23, 2017

PHILADELPHIA (Legal Newsline) - In the face of withering criticism from the insurance industry, state officials, and most recently, counsel for some of the country’s largest corporations, the American Law Institute (ALI) yesterday decided to delay a vote on a Restatement of the Law covering liability insurance for a year. The now delayed project was scheduled for discussion before the full ALI body today.

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