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October 14, 2009 9:30 AM

The Am Law Litigation Daily -- Oct. 14, 2009

Posted by David Bario

Product Liability / Mass Torts
Glaxo Hit with $2.5 Million Jury Verdict in Paxil Test Case

Jurors in state court in Philadelphia found Tuesday that GlaxoSmithKline did not adequately warn doctors and pregnant users of risks associated with its antidepressant Paxil. The case was the first of more than 600 similar suits against Glaxo to reach trial.
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Securities
Plaintiffs Ask New York Court to Stop Vivendi's Suit in France

We weren't the only ones struck by Vivendi's Paris gambit aimed at preventing French class members from participating in the company's securities fraud trial in New York. On Tuesday, class counsel for the plaintiffs in New York demanded that Vivendi withdraw the suit.
more


Corporate
BofA Loses Bid to Dismiss Derivative Suit Challenging Merrill Merger

Bank of America's battle with the SEC may be dominating the headlines, but the bank's other Merrill Lynch merger litigation grinds on. On Monday, a Delaware judge refused to dismiss a shareholder derivative suit against BofA directors over the merger, possibly paving the way for a trial.
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Commercial
Motorola, Nokia Still Stalking Uzans for $3.4 Billion

Motorola and Nokia have spent years pursuing the lion's share of a $4.8 billion judgment ordered by a federal judge in New York against Turkey's infamous Uzan family. Now, Bloomberg reports, one of Motorola's lawyers from Steptoe & Johnson thinks he's found a way to collect.
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Appellate
Mayer Brown Partner: Jones V. Harris Could Be Sleeper Case of Supreme Court's New Term

In a video interview, Lauren Goldman told the Litigation Daily that the U.S. Supreme Court's decision in a case regarding allegedly excessive fees paid to mutual fund advisers could have far-reaching impact. Plus, is the court poised to veer to the right?
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Edited by David Bario and Andrew Longstreth

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