Monthly Archives: <span>March 2019</span>

2nd Circuit Uphold’s Defeat of Harassment Suit Against Gay Dating App

A U.S. federal appeals court refused to hold Grindr liable to a New York man who said his former boyfriend used the gay dating app to post fake profiles, in a harassment campaign that caused more than 1,000 men to …

N.Y. Accuses Opioid Maker Purdue of Illegal Fund Transfers to Sacklers

Purdue Pharma LP fraudulently transferred funds to members of the wealthy Sackler family who control the OxyContin maker despite knowing it faced major liabilities that had made it already insolvent, New York’s attorney general alleged on Thursday. New York Attorney …

Boeing Crash Probe Points to Faulty Anti-Stall System, WSJ Says

The stall-prevention system on a Boeing Co. 737 Max jet automatically switched on before the plane crashed in Ethiopia this month, the Wall Street Journal reported, citing initial findings from the plane’s flight data. The conclusion was relayed at a …

Bayer Keeps Roundup Faith After Losing Second Trial

Bayer AG vowed to keep defending its weedkiller Roundup after losing a second trial over claims it causes cancer, indicating that the embattled company isn’t yet ready to consider spending billions of dollars to settle thousands of similar lawsuits. A …

No Call for Simulators in New Boeing 737 MAX Training Proposals

Boeing Co said it will submit by the end of this week a training package that 737 MAX pilots are required to take before a worldwide ban can be lifted, proposing as it did before two deadly crashes that those …

Four New Jersey Men Arrested in Alleged Adjuster Scam

TRENTON, New Jersey – Four Mercer County men and six of their associated businesses were charged Wednesday with first-degree conspiracy and money laundering in connection with a bank scheme involving the deposit of nearly $1.4 million in phony or forged …

Boeing Sued by Passenger Killed in Ethiopian Airlines Crash

Boeing Co. was sued on behalf of a passenger killed in the crash of an Ethiopian Airlines flight over claims that its 737 Max 8 isn’t safely designed, deepening the legal and political woes the planemaker faces. The Chicago-based company …

Fla. Lawmakers Mull Bill that Would Allow Documents to be Signed Online

TALLAHASSEE, Fla. — The Florida legislature is considering making it possible for people to have legal documents notarized online. House Bill 409 would make signing official documents, such as a will or power of attorney, quicker and more convenient in …

Vermont Sues 2 Prescription Opioid Distributors

BURLINGTON, Vt. — Vermont filed a lawsuit Tuesday against two pharmaceutical distributors, accusing them of selling ever-increasing amounts of prescription opioids in the state while failing to effectively monitor and control the sales and acknowledge the quantity of pills was …

Compliance Officers Wary of Switch to ‘Wild West’ Crypto Sector

NEW YORK/LONDON — After almost three decades in senior compliance roles at large financial firms including Bank of New York Mellon’s Pershing and Goldman Sachs Group Inc, Jeff Horowitz made an unconventional career move. In July he became chief compliance …