La. high court tosses AG office’s $330M judgment

Published January 29, 2014 10:56pm ET



NEW ORLEANS (AP) — A divided Louisiana Supreme Court has overturned a $330 million judgment against two pharmaceutical companies that state Attorney General James “Buddy” Caldwell accused of improperly marketing a drug.

The state’s highest court ruled Tuesday that Caldwell’s office failed to prove that Janssen Pharmaceutica Inc. or Johnson & Johnson Inc. violated a state law by misrepresenting the potential risk of side effects from the use of Risperdal, an anti-psychotic drug.

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