The federal 8th Circuit Court of Appeals, in a ruling of interest to Minnesota football fans, kept a lawsuit from the NFL players' union alive in a procedural ruling. The appeals court partially reversed a lower court's decision rejecting the players' collusion claim...
Month: June 2014
Fraud suit filed against Minnesota-based Medtronic
Humana, Inc. filed a lawsuit against Minnesota-based Medtronic on May 30 for allegedly marketing the Infuse bone-graft product for uses that the U.S. Food and Drug Administration did not approve and that it made misrepresentations to insurers to cover those uses. This...
Multi-million dollar securities lending settlement announced
Wells Fargo & Co. entered an agreement to pay $62.5 million to settle class action claims over a securities lending program that the bank managed out of Minneapolis that was riskier than claimed. A federal district court judge in St. Paul, however, has to provide...
Minneapolis starts real estate revival
In conjunction with the construction of a $1 billion Minnesota Vikings stadium, the city's largest real estate market project in 20 years is underway. In May, city officials broke ground on a $400 million mixed-used development which will be constructed next to the...