S&P 500
1667.47
+17.00 +1.02%
Dow Indu
15354.40
+121.18 +0.79%
Nasdaq
3498.02
+32.78 +0.94%
Crude Oil
96.29
+0.76 +0.79%
Gold
1358.55
-26.04 -1.88%
Euro
1.2838
0.0000 0.00%
US Dollar
84.212
+0.467 +0.60%
Strong

Market Commentary and Intraday News

Mo. agrees to drug, electronic book settlements

261 days ago

(AP:JEFFERSON CITY, Mo.) Several million dollars could flow to Missouri under legal settlements involving electronic books and anti-psychotic drugs.

Attorney General Chris Koster said Thursday that the state will receive $4.3 million as part of a $181 million settlement between 37 states and Janssen Pharmaceuticals. The settlement resolves allegations that Janssen used unfair and deceptive practices when it marketed Risperdal for unapproved or off-label uses, such as for children or to treat dementia in the elderly.

Under another settlement announced Thursday, Missouri consumers could receive $1.1 million as part of a nationwide $76 million settlement with Hachette Book Group, HarperCollins Publishers and Simon & Schuster. It resolves allegations that the companies conspired to raise the prices of electronic books. The settlement covers purchases between April 1, 2010, and May 21, 2012.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

INO.com on Facebook INO.com MarketClub on Twitter INO.com YouTube

© Copyright INO.com, Inc. All Rights Reserved.