Genesis’s $21 Million Settlement With SEC Green Lit by Judge March 19, 2024 By Allyson Versprille A federal judge signed off on bankrupt crypto firm Genesis Global Capital’s settlement with the Securities and Exchange Commission over...
Ferrari Sued for Failing to Fix ‘Life-Threatening’ Brake Defect March 19, 2024 By Robert Burnson Ferrari NV was accused in a US lawsuit of failing to fix a “dangerous safety defect” with the brakes in...
Florida Jury: NICO Did Not Act in Bad Faith in Keys Crash that Killed 4 Women from Spain March 19, 2024 By William Rabb Six months after a federal appeals court upheld a $12 million verdict against a waste-hauling company in a crash that...
Reckitt Chief Defends Safety of Baby Formula, Will Fight Verdict March 19, 2024 By Jennifer Creery Reckitt Benckiser Group Plc’s chief executive officer vowed to fight to overturn a verdict that blamed one of the company’s...
Suit Says OnStar, LexisNexis Shared Driving Data with Insurers, Spiking Rates March 19, 2024 By William Rabb Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south...
Uber Pays Australian Taxi Drivers $178 Million in Settlement March 18, 2024 By Angus Whitley Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost...
Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case March 18, 2024 By Brendan Pierson An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature...
Florida Jury Awards $32M Against Florida Clinic. Did ‘Changing Stories’ Play Role? March 18, 2024 A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of...
Apple, Investors Reach $490 Million Settlement in Fraud Case March 18, 2024 By Lynn Doan Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief...
US Health Regulators Open Probe in UnitedHealth Cyberattack March 15, 2024 By John Tozzi and Riley Griffin US health authorities are investigating whether the cyberattack on UnitedHealth Group Inc.’s Change Healthcare unit involved a breach of personal...