Scott+Scott

Scott+Scott on Friday secured a landmark trial verdict of $39 million dollars against Assured Rx and several of its staff as well as business acquaintances. The long-running case filed in the Superior Court of Connecticut centered on a money kickback scheme aiming at enticing patients to buy Assured Rx compound prescription drugs and seek reimbursement through their state’s healthcare plan. The scheme defrauded the State of Connecticut of more than $10 million in damages, which the Court more than tripled in its verdict. Read more: https://lnkd.in/ecGMFebW #FalseClaimsAct #TrialVictory 

Scott+Scott Managing Partner David Scott recently participated in a survey published by the European law firm Houthoff, focusing on trends in the international class action landscape. The poll examines current developments in collective redress mechanisms in 12 jurisdictions. “[T]here is a general expectation that class actions will increase in the future. This is due to the rise in certain types of claims (particularly those related to data privacy and the increased usage of generative AI and other technologies),” David noted.  “Additionally, plaintiffs’ law firms are now more capable of obtaining and leveraging larger and more complex data sets at lower costs.” Increased complexity and size of class actions going forward will likely continue to drive current settlement dynamics, according to the survey. Read more: https://lnkd.in/eGUT38t9 #ClassActions #GlobalRecoupment #Litigation

As Boeing reports historic quarterly losses of $6.17 billion, financial and legal woes for the troubled airplane manufacturer are getting worse. According to a recent article published by Law360, two Ohio pension funds have now joined our securities lawsuit brought on behalf of the Oklahoma Firefighters Pension and Retirement System. The complaint accuses Boeing executives and board members of allegedly prioritizing profits over safety, ultimately causing a series of catastrophic failures and the loss of millions of dollars for investors. Read more here: https://lnkd.in/g_vv4wcE #SecuritiesLitigation #PensionFunds

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A securities class action has been filed against the Bank of Montreal and several of its executives for allegedly breaching their obligations by misrepresenting information about the BMO's credit risk management practices. As a result of these misrepresentations, investors who acquired BMO shares between September 12, 2023 and August 26, 2024 suffered financial losses. Read more about the lawsuit here: https://lnkd.in/eQG7s4vP. #Securities #ClassAction -- Une action collective en valeurs mobilières a été intentée contre la Banque de Montréal et plusieurs de ses dirigeants pour avoir prétendument manqué à leurs obligations en représentant de manière fausse et trompeuse la gestion du risque de crédit de la Banque. En raison de ses représentations fausses et trompeuses, les investisseurs ayant acquis des actions de la BMO entre le 12 septembre 2023 et le 26 août 2024 ont subi des pertes pécuniaires. Pour en savoir plus sur le dossier : https://lnkd.in/ecrb4JK2. #actioncollective #valeursmobilières

Scott+Scott is proud to support the DELAWARE LAW RELATED EDUCATION CENTER INC's mission to provide active learning experiences and skills developments for Delaware students. Through its various programs and initiatives, DELREC seeks to foster a greater understanding of law, encourage and support student participation in law related education, provide access to information about careers in the law and public service sector, and encourage interest in legal careers. Scott+Scott attorneys Justin Reliford, Sindhu Daniel, and Paige Alderson this week attended workshops with the kindergarten and 8th grade students of Thomas Edison Charter School to talk about careers in the legal profession and constitutional protections under the Fourth Amendment. “It may have been one of the most professionally rewarding experiences in my career,” Scott+Scott Partner Justin Reliford said. Read more: https://lnkd.in/ep3QsS5d #DELREC #DEI #LegalEducation

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Scott+Scott Consumer Practice Group Chair Joseph Guglielmo will be a Dialogue Leader at the The Sedona Conference Working Group Annual Meeting held on October 24-25, 2024. He will be discussing the latest draft commentary on Discovery of Collaboration Platforms. The event was established to pursue in-depth study of tipping point issues in complex litigation with the goal of providing nonpartisan commentary to the bench and bar. Read more: https://lnkd.in/g39t_8jB #EDiscovery #ComplexLitigation

We're #hiring a new Litigation Associate in New York City Metropolitan Area. Apply today or share this post with your network.

Scott+Scott Partner Sindhu Daniel will be a speaker at the conference Mass Torts Made Perfect in Las Vegas this week, with one of the panels focusing on Empowering Women in Law: Strategies for Success and Independence. The three-day event organized by MTMP - Mass Torts Made Perfect, Levin Papantonio Law Firm, and The National Trial Lawyers, will cover a wide spectrum of topics related to consumer mass tort and class action litigation. Sindhu will also join a panel discussion on Key Learnings For Recouping Unresponsive Claimants. Read more here: https://lnkd.in/eKXynwCN #mtmpfall24 #womeninlaw #masstorts