People v. Eli Lilly & Co. et al., No. 23STCV00719 (Super. Ct. L.A. Cty. Jan. 12, 2023)
February 9, 2024
California sued the largest insulin makers and PBMs, alleging that they drove up the cost of the drug through unlawful, unfair and deceptive business practices in violation of Cal. Bus & Prof. Code 17200, et. seq. The three manufacturers named in the lawsuit produce over 90% of the global insulin supply and the three PBMs…
People of California v. Vitol, Inc. et al., (Cal. Super. Ct. (San Francisco Cty.)
April 28, 2023
Plaintiff state sued two gasoline trading firms, Vitol Inc. and SK Energy Americas, alleging that they took advantage of market disruptions from a 2015 refinery explosion in Torrance to improperly drive up the gasoline prices. The state sought an injunction, damages, restitution, and civil penalties. The complaint alleged that the two companies made manipulative trades…
