United States

Nate Raymond

Prosecutors lose appeal of new fraud trial for ex-Georgeson employee

Nov 24 2020

A federal appeals court on Tuesday cleared the way for a new trial for a former executive of a firm that advises companies on shareholder votes who was previously convicted of participating in a scheme to bribe a proxy adviser's employee to learn how its investor clients were voting.

IN BRIEF: New Jersey AG targets four doctors' licenses in Insys opioid probe

Nov 23 2020

New Jersey's attorney general said Monday he had filed disciplinary complaints against four doctors accused of writing prescriptions for an addictive fentanyl spray in exchange for thousands of dollars in kickbacks from Insys Therapeutics.

Q&A: Sullivan & Cromwell's Frank Aquila on dealmaking in the pandemic

Nov 23 2020

For M&A lawyers, the COVID-19 pandemic was a gut punch, prompting companies to halt dealmaking in the spring as the virus and its economic fallout spread.

J&J, investment firm to pay $11.5 mln in drug device marketing probe

Nov 19 2020

A Johnson & Johnson unit and an investment firm will pay $11.5 million to resolve allegations a company they owned at different times wrongfully marketed a system used to treat skin conditions associated with a blood cancer for unapproved uses in pediatric patients.

Washington state judge finds AmerisourceBergen in contempt in opioid case

Nov 18 2020

A judge in Washington state has found drug distributor AmerisourceBergen in contempt for failing to turn over records from its board or make key witnesses available to testify in a lawsuit by the state alleging it fueled the opioid crisis.

Wealthy California couple receive prison terms in college admissions scandal

Nov 17 2020

BOSTON A wealthy California couple were sentenced to prison time on Tuesday after admitting they paid $250,000 to fraudulently help their daughter gain admission to the University of Southern California as a volleyball recruit.

Former Harvard fencing coach, businessman charged with $1.5 million bribery scheme

Nov 16 2020

BOSTON A former Harvard University fencing coach and the chief executive of a telecommunications company were arrested on Monday on charges they engaged in a bribery scheme aimed at securing the admission of the businessman's two sons to the Ivy League school.

GSK says FDA's Zofran label change rejection should moot birth defect cases

Nov 16 2020

A lawyer for GlaxoSmithKline on Monday argued the U.S. Food and Drug Administration's rejection of a warning label that says taking anti-nausea drug Zofran during pregnancy can cause birth defects should mean the end of hundreds of lawsuits by women against the company.

Ex-tennis academy president gets three months in prison for U.S. college scam

Nov 13 2020

BOSTON The former president of a private tennis academy in Texas was sentenced on Friday to three months in prison after admitting he acted as a middleman to pay bribes to help the children of wealthy parents gain admission to selective universities.

U.S. court upholds Harvard race-based admissions; Supreme Court appeal expected

Nov 12 2020

BOSTON A U.S. appeals court on Thursday upheld Harvard University's use of race in undergraduate admissions, rejecting a challenge by affirmative action opponents who said the Ivy League school's policy discriminates against Asian-Americans. | Video

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