settlements News

Walgreens to Pay $110M to End Philadelphia Opioid Litigation

The city of Philadelphia has reached a $110 million settlement of its 2021 lawsuit against Walgreens pharmacy for the company’s role in supplying and perpetuating the opioid addiction crisis in Philadelphia. Under the terms of the agreement, Walgreens admits no …

EPA Designates PFAS Chemicals as Superfund Hazardous Substances

The U.S. Environmental Protection Agency on Friday designated a pair of widely used industrial chemicals as hazardous substances under the country’s Superfund program, accelerating a crackdown on toxic compounds known as “forever chemicals.” The rule will require companies to report …

Report: $2.1B Loss if Noneconomic Damage Caps Removed in Colorado

A report from the Colorado Chamber of Commerce and the American Property Casualty Insurance Association estimates a proposal to remove the noneconomic damage caps in Colorado would result in a $2.1 billion annual loss in state GDP and 15,500 jobs. …

Rochester Diocese Claims Fund Reaches $126M as 2 More Insurers Settle, 1 Holds Out

The Catholic Diocese of Rochester and sexual abuse survivors have reached settlements with additional insurers on amounts available to cover abuse claims, bringing the total fund now available to survivor claimants to $126.35 million. The latest settlements are with insurers …

Lawmakers in Mont. and La. Pass Bills to Require Disclosure of Litigation Funding

Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed into law Senate Bill 269, which …

Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022

Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28% increase over 2021 even though the number of claims decreased last year, according to the Insurance Information Institute (Triple-I) and State Farm. There were 17,597 …

Disbarred Lawyer Girardi Pleads Not Guilty to Client Thefts

LOS ANGELES (AP) _ Disbarred lawyer Tom Girardi had not guilty pleas entered on his behalf Monday on charges he embezzled millions of dollars from some of the massive settlements he won for clients during a once prominent career. Girardi, …

24 Models Sue 3 Insurers to Collect on $2M Deals With Strip Clubs Over Use of Photos

A group of 24 models is suing three insurers to collect more than $2 million in settlements stemming from the unauthorized use of their images by several strip clubs in the Northeast. The models, including Tara Leigh Patrick (also known …

Onetime High-Flying Lawyer Girardi Indicted on Client Theft

LOS ANGELES (AP) — Disgraced former Los Angeles celebrity lawyer Tom Girardi has been indicted by federal grand juries in Los Angeles and Chicago on charges of stealing more than $18 million from clients, federal prosecutors announced Wednesday. The charges …

Duane Morris: 2022 Was a Banner Year for Class Action Settlements

Drugmakers and distributors that settled misconduct allegations related to the national opioid epidemic led to a banner year for class-action plaintiffs in 2022, with 15 settlement agreements that totaled $1 billion or more, according to a report by the Duane …