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We told you this story last June.
We’ll tell you again today.
First, something happens in the press. This time, it was a front page story in The New York Times.
Immediately, the usual cast of characters starts trolling for business.
The class action lawsuits roll in.
The Congressional inquiries begin.
Plaintiffs file a motion to consolidate with the MDL Panel.
We haven’t yet seen the 10b-5 securities fraud class actions, the third party payor claims, and lawsuits by states’ attorneys general, but that’s what usually happens next. Stay tuned.
With the grant of cert in Wyeth v. Levine, we were afraid that our little blog might soon be obsolete.
Like that would ever happen.