PHARMERICA CORP: Still Facing Average Manufacture Price Matters

PharMerica Corporation continues to be involved in litigation concerning average manufacturer price (AMP).

Effective Oct. 1, 2007, the Centers for Medicare & Medicaid Services (CMS) promulgated new rules under the Deficit Reduction Act of 2005 DRA changing the federal upper payment…

PHARMERICA CORP: Court to Decide on AWP Litigation in Feb. 2009

PharMerica Corporation says that a Court is expected to make a final decision over a settlement in litigation concerning average wholesale price (AWP) in February 2009.

AWP is a pricing benchmark published by First DataBank, Inc., which provides drug databases, content…

HUMANA INC: NYAG Probe on Provider-Payment Practices Ongoing

Humana Inc. continues to cooperate with the investigation by the New York Attorney General, Andrew M. Cuomo, into certain provider- payment practices.

On Feb. 13, 2008, Attorney General Cuomo announced the industry- wide investigation into certain provider-payment practices.

Attorney General Cuomo also…

ASHLAND INC: 31 Agent Orange Injury Actions Ongoing v. Hercules

Ashland Inc. says that its subsidiary, Hercules Incorporated, during the fiscal year ended Sept. 30, 2008, is a defendant in about 31 lawsuits (including two purported class actions) where plaintiffs allege that exposure to Agent Orange caused them to sustain…

ASHLAND INC: Continues to be Involved in MTBE Litigation in N.Y.

Ashland Inc. continues to be a defendant in cases alleging methyl tertiary-butyl ether (MTBE) contamination in groundwater.

Nearly all of 30 such cases have been consolidated in a multi- district litigation in the Southern District of New York for preliminary proceedings.…

ASHLAND INC: Dow, Monsanto Appeal in Agent Orange Cases Pending

The appeals of The Dow Chemical Company and Monsanto Company in cases related to Agent Orange, which also involve Ashland Inc.’s subsidiary Hercules Incorporated and other companies, are pending.

Agent Orange is a defoliant that was manufactured by several companies, including…

MICRON TECHNOLOGY: Calif. AG Files Suit on Cartwright Law Breach

Micron Technology Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that on Oct. 3, 2008, the California Attorney General filed a lawsuit in California Superior Court, purportedly on behalf of local…

YUM BRANDS: 2009 Arbitration Set for Boskovich Farms’ Complaint

The arbitration is scheduled for September 2009, over Boskovich Farms, Inc.’s complaint to YUM! Brands, Inc.’s statements identifying it as the source of the 2006 E. coli outbreak.

The trial court has ordered the parties to be back in court…

YUM BRANDS: Customers Actions Over E.coli Outbreak Still Pending

YUM! Brands, Inc. still faces claims and lawsuits by customers alleging injuries related to an outbreak of illness associated with a particular strain of E. coli 0157:H7 in the northeast United States during November and December 2006.

According to the Centers…

INT’L SPEEDWAY: Pursuing Max Cost Recovery v. Kentucky Speedway

International Speedway Corp. pursues recovery from Kentucky Speedway, LLC of the maximum amounts allowed by the U.S. District Court for the Eastern District of Kentucky, which should include costs necessarily incurred in successfully defending the appeal to the U.S. Court…

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