damages News

Bayer Must Pay $78 Million in Latest Roundup Cancer Trial, Jury Finds

Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller, a state court jury in Philadelphia found on Thursday. The verdict follows previous consecutive victories for Bayer in that court. …

J&J Talc Bankruptcy Stays in Texas Despite ‘Forum-Shopping’ Opposition

A Johnson & Johnson subsidiary can pursue its third attempt to resolve tens of thousands of lawsuits alleging its talc products caused cancer in a Texas bankruptcy court, a judge ruled on Thursday, allowing the company to avoid a venue …

HSBC Appeals Decision Reinstating Female Banker’s Discrimination Claim

HSBC on Thursday appealed a tribunal’s decision to reinstate a female, senior investment banker’s lawsuit that alleges the bank victimized and discriminated against her when it did not hire her for a senior sales position in 2018. Carmen Chevalier-Firescu, 41, …

Southeast Asia Scammers Stole Up to $37 Billion in 2023, UN Says

Cyber crime syndicates raked in as much as $37 billion last year and are intensifying operations across Southeast Asia despite mounting law enforcement efforts, the United Nations said. “The transnational organized crime threat landscape in Southeast Asia is evolving faster …

Marriott Makes $52M Settlement with 50 State AGs over Data Breach

New York Attorney General Letitia James on Wednesday announced a $52 million multistate settlement with Marriott International Inc. over a year’s long data breach of one of its guest reservation databases. According to a multistate investigation, one of Marriott’s subsidiaries, …

J&J’s Court-Shopping Strategy Pits New Jersey Home Against Texas

Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday. A federal …

Citi Pushes Back on NY’s Online Fraud Suit: We’re Not ‘Bad Guys’

Citigroup Inc. said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New York state wins a lawsuit claiming the company doesn’t do enough to prevent online fraud. Lawyers for the company’s Citibank …

FTX Cleared to Repay Billions in Settlements After Bankruptcy Plan OK

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange collapsed. U.S. Bankruptcy Judge John Dorsey approved the wind-down …

Verisk’s Insured Loss Estimates From Helene in Line with Other Modelers

Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry insured losses in U.S. for Hurricane Helene will range between $6 billion to $11 billion. Verisk’s estimates comes a day …

Limp Bizkit Seeks $200 Million From Universal Music Over Unpaid Royalties

Fred Durst, frontman of the rock band Limp Bizkit, sued Universal Music Group NV, the world’s largest record company, claiming he was cheated out of millions of dollars in royalties. The complaint filed Tuesday in federal court in Los Angeles …