HSBC Faces Trimmed-Down Trade Secrets Lawsuit Over SVB Hires July 10, 2024 By Rachel Graf HSBC Holdings Plc won the dismissal of most claims brought by First Citizens Bank & Trust Co. over the hiring...
Russian Court Orders Volkswagen Pay $193M in Damages to Carmaker July 9, 2024 By Alexander Marrow and Gleb Stolyarov A Russian court has ordered Volkswagen to pay 16.9 billion roubles ($193 million) in damages to Russian carmaker GAZ Group,...
Purdue Pharma Backs Creditor Move to Sue Sacklers Over Assets July 9, 2024 By Shannon D. Harrington and Steven Church The bankrupt estate of Purdue Pharma says it will support a move by the opioid maker’s creditors to sue members...
Abbott Faces Trial Over Claims That Preterm Infant Formula Caused Dangerous Disease July 9, 2024 By Brendan Pierson Similac baby formula maker Abbott is expected to face a trial on Monday over claims that its formula for preterm...
The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits July 8, 2024 By Mike Spector Eron Evans died in 2016 at 41 of ovarian cancer, leaving behind two daughters. Her grieving mother, Darlene, blames Johnson...
Boeing to Plead Guilty to Fraud for Violating Deal Over 737 Max Crashes July 8, 2024 By Chris Strohm, Julie Johnsson and Allyson Versprille Boeing Co. agreed to plead guilty to criminal conspiracy to defraud the US after the Justice Department concluded the planemaker...
GEICO to Pay $6 Million to Settle Auto Adjusters’ Claims of Unpaid Overtime Hours July 8, 2024 By Andrew G. Simpson Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer...
Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims July 5, 2024 By Andrew G. Simpson Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the...
GM to Pay $145.8 Million Penalty After U.S. Finds Excess Emissions July 5, 2024 By David Shepardson General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S....
Discover Agrees to Settle Class-Action Suit for Overcharging Merchants July 5, 2024 By Paige Smith Discover Financial Services, the credit-card firm that agreed to be acquired by Capital One Financial Corp., said it reached an...