Welcome to your Wednesday morning round-up of stories in today’s edition of The Legal Intelligencer. All of the links below will take you directly to today’s stories, or you can head straight over to The Legal’s homepage. (Some stories may require registration or a paid subscription.)
The top story this morning is a federal judge approving a settlement in a generic-antidepressant class action. As reporter Amaris Elliott-Engel writes, the multidistrict litigation alleged that the generic version of the drug Wellbutrin was not as therapeutically effective as the brand-name drug.
Also above the fold on Page 1, Amaris Elliott-Engel writes that the state Supreme Court has agreed to hear the appeal of a $187.6 million class action award against retail titan Wal-Mart over allegations its Pennsylvania employees were not compensated properly for off-the-clock work and missed rest breaks.
In more Regional News on Page 3, reporter Zack Needles writes that a second adultBasic class action against Governor Tom Corbett, Budget Secretary Charles Zogby and the state Treasury Department has been allowed to proceed.
In a Securities Law column on Page 5, Katayun I. Jaffari and Jocelyn K. O’Brien write that the SEC has approved a “limit up-limit down” mechanism that will prevent trades in individual stocks from occurring outside of specified price bands.
This week’s Young Lawyer column is on Page 7, as Michael J. Newman writes about what jazz improvisation can teach lawyers about improvisation in the courtroom.
If you have questions or comments about any of today's stories, or our coverage as a whole, we invite you to e-mail any of the reporters directly. We hope you'll enjoy today's Legal.