United States Supreme Court Declines To Hear Talcum Powder Appeal

On June 1, 2021, the United States Supreme Court declined to hear  Johnson & Johnson’s (J&J) appeal to overturn a $2.12 billion dollar damages award to 22 female plaintiffs who alleged their ovarian cancer was caused by J&J’s talcum powder products. This is a significant setback for defendants in defending consolidated multi-plaintiff mass tort trials and a juries ability to award large punitive damage awards.
Trial
In June of 2018, Ingham v. Johnson & Johnson  went to verdict following a […]

By | September 13th, 2021 ||

Second Circuit Court Of Appeals Articulates Important Limitations On Pleading Fraud In ‘Event-Driven’ Securities Class Actions

Securities fraud litigation based on regulatory mishaps, environmental disasters, data breaches, sexual harassment revelations, the COVID-19 pandemic and other well-publicized events that affect stock prices has been on the rise in recent years, overtaking more traditional securities claims arising from accounting scandals and corporate fraud.1 Such “event-driven” securities litigation often relies on the theory that a company downplayed or failed to disclose known risks, and thereby inflated the value of its securities, only to see […]

By | September 3rd, 2021 ||

Missouri Appellate Court Awards $7.5M To Business Partner In Breakup Of Missouri Political Consulting Firm

The Eastern District Missouri Court of Appeals ruled earlier this month that Thompson Coburn client Rachel Keller is owed $7.5 million in her dispute with Travis Brown, her former business partner in Pelopidas, LLC, a political consulting firm formerly tied to Rex Sinquefield, the billionaire philanthropist and activist.

In the unanimous August 10 decision, the court reversed a St. Louis County Circuit Court ruling that Keller had violated the terms of a 2019 settlement in […]

By | August 21st, 2021 ||