To date, Velan has refused ALL settlement offers that did not include a Board seat for Bala Venkataraman or one of his business partners that have histories of reported
price gouging. This negotiating posture ignores our legitimate concerns that adding directors with associations with unlawful pricing practices could jeopardize the valuable relationships Progenics has forged over many years with regulators, doctors, payers and patients, among many other constituencies.In fact, Velan did not even respond to Progenics' latest offer, which would have allowed Velan to designate two additional directors to the Board for a period of two years with requisite experience and without ESG concerns, such as past
price gouging.
It's unclear how the proposed price board would be able to overcome the constitutional shortcomings that doomed the generic drug
price gouging law.
However, taxi drivers will still need to turn on their meters to ensure a fair rate and to avoid
price gouging.
Thirteen states -- Alabama, Arkansas, Florida, Georgia, Indiana, Louisiana, Mississippi, New York, North Carolina, South Carolina, Tennessee, Virginia and West Virginia -- have enacted laws to combat what is seen as
price gouging in the wake of natural disasters.
Oklahoma
Price Gouging Law in Effect After Violent Weather
Separately, Judiciary spokesman Gholam-Hossain Mohseni-Ejai said special prosecutors would swiftly deal with economic crimes, including profiteering from foreign exchange and gold dealings, illegal imports of luxury cars and
price gouging on imported goods such as mobile phones.
At her most recent stop at Magnolia Gardens Senior Center last week, she announcedthe "Stop
Price Gouging Act." If passed, the legislation would drive down the price of drug prices, ensure access to affordable medications for seniors, and impose penalties on pharmaceutical companies that increase medication prices without cause.
During the meeting with the Price Control Magistrate, he instructed to deal indiscriminately with those involved in
price gouging and breaking official price list rates.
Almost 50 gas stations in Texas accused of
price gouging during the Hurricane Harvey disaster last year have agreed to refund customer's money.
I read Larry Anglisano's editorial on FBO
price gouging in the March 2018 Aviation Consumer and have some thoughts.
That's bad news if Corporate America is going to avoid cultural breakdowns that impact business, such as fake accounts at Wells Fargo, sexual harassment at Fox News and Amazon, and
price gouging at EpiPen.