Malaysia’s 1MDB Sues Petrosaudi Executive for $1.83 Billion Troubled Malaysian state fund 1MDB has sued Petrosaudi International Ltd.’s executive Patrick Mahony for $1.83 billion over a 2009 joint... Read More
Bristol Myers, Sanofi Liability in Hawaii Plavix Case Grows to $916 Million A judge in Hawaii on Tuesday ordered Bristol Myers Squibb and Sanofi to pay more than $916 million to the... Read More
Ex-Citi Official Says She Was Fired for Not Making False Reports Kathleen Martin, a former senior data compliance official at Citigroup Inc., accused the bank of firing her for refusing to... Read More
Editor's Picks New Talc-Related Class Action Lawsuit Goes After J&J for Fraudulent Conveyance With recent news that Johnson & Johnson is going forward with a third bankruptcy plan of a subsidiary to settle... Read More
Compensation for Injured Passengers on Singapore Airlines Could Vary Dramatically Passengers injured by severe turbulence on a Singapore Airlines flight on Tuesday are likely eligible for compensation, but the amount... Read More
Bankruptcy Judge OKs Genesis Global Plan to Refund $3B to Creditors, Crypto Customers A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to... Read More
S&P: 2023 Marked Stall of Rapid Growth in US Cyber Insurance S&P Global Market Intelligence weighed in on the U.S. cyber insurance marketplace, reporting that premium dipped in 2023 to end... Read More
Texas to Face Extreme Heat in New Test for Its Power Grid: Weather Watch Temperatures will soar across Texas this week, increasing demand for energy as people switch on air conditioning to cool down.... Read More
SEC Fines NYSE Owner $10 Million for Not Quickly Reporting Hack Intercontinental Exchange, Inc., which owns the New York Stock Exchange, agreed to pay $10 million to settle Securities and Exchange... Read More
TransUnion: Auto Insurance Shopping Hit New High in Q1 2024 The number of U.S. consumers who shopped for auto insurance in rose in the first quarter, largely driven by consumers... Read More