Colorado attorney general
Colorado settles with two drug companies for $49 million in antitrust lawsuits
Colorado will settle antitrust claims against two pharmaceutical companies for nearly $50 million as part of ongoing lawsuits that allege some of the country’s largest generic prescription drug producers conspired to raise prices and reduce competition.
Attorney General Phil Weiser announced the $10 million settlement with Heritage Pharmaceuticals and $39.1 million settlement with Apotex on Thursday.
Colorado joined three multistate lawsuits against dozens of companies and executives between 2016 and 2020. The lawsuits claimed manufacturers such as Pfizer and Teva Pharmaceuticals “embarked on one of the most egregious and damaging price-fixing conspiracies in the history of the United States.”
apartments
Owner of troubled Aurora apartments faces state investigation related to conditions, consumer-protection laws
The owners of several dilapidated apartment buildings in Aurora and Denver have faced a new threat in recent months: an investigation by the Colorado Attorney General’s Office on suspicion of violating the state’s safe-housing and consumer-protection laws.
The state office sent subpoenas to CBZ Management, one of its primary representatives and several of its subordinate companies in September, according to records obtained by The Denver Post. The subpoenas seek answers and records related to a swath of CBZ’s practices, including how it advertises its properties and whether tenants get the apartments they have toured; how the companies track and respond to maintenance requests and health code violations; how they handle security deposits; and how they screen tenants, among other questions.
CBZ Management’s buildings in Aurora have been the subject of extensive tenant and municipal complaints and have recently drawn international attention over allegations the properties were overtaken by gangs.
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