lawsuit News

Synopsys Sued by Private Equity Firm for Shopping $3 Billion Unit

A California private equity firm has sued Synopsys Inc. for allegedly breaching an exclusivity agreement when it shopped its $3 billion software integrity business widely earlier this year, in a rare instance of private deal negotiations spilling into the courts. …

Norfolk Southern to Pay $600 Million to Settle Ohio Spill Case

Norfolk Southern Corp. said it will pay $600 million to settle a proposed class action lawsuit targeting the rail company over the 2023 train derailment in Ohio that spilled more than 1 million gallons of toxic chemicals and sickened residents, …

Tesla Settles Over Fatal Autopilot Crash on Eve of Trial

Tesla Inc. reached a settlement on the eve of its highest-profile trial yet over a crash blamed on Autopilot, the driver-assistance system Elon Musk has billed as crucial to his pursuit of self-driving cars, according to court filings. Terms of …

Credit Suisse Unit Did ‘Incompetent Best’ for Billionaire Client, Lawyer Says

A lawyer for a Credit Suisse trust seeking to overturn the $743 million in damages the bank owes to Georgian billionaire Bidzina Ivanishvili said the staff responsible did their “incompetent best.” In a surprise concession to the challenge the Swiss …

Farmworker Who Survived Mass Shooting at Mushroom Farm Sues Company And Owner

A migrant farmworker who survived a mass shooting last year at a Northern California mushroom farm has filed a lawsuit against the farm and one of its owners, saying they failed to keep him safe from the colleague who authorities …

Worker Burned in Explosion at Wisconsin Stadium Settles Lawsuit for $22M

A worker burned in a 2022 explosion during renovation work on the University of Wisconsin’s Camp Randall Stadium has settled his lawsuit against the project’s general contractor for $22 million, his attorney says. The settlement in Jeremy Rose’s lawsuit against …

Sanofi to Settle About 4,000 Suits Over Zantac Cancer Claims

Sanofi SA said it has agreed to settle approximately 4,000 lawsuits accusing the French drugmaker of selling its Zantac heartburn medicine without warning patients that it could cause cancer. The pact, the first major resolution of cases related to the …

Court Approves 3M Settlement Over ‘Forever Chemicals’ in Public Water Systems

Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part of a multi-billion-dollar settlement over contamination with potentially harmful compounds used in firefighting foam and several consumer products, the company …

AIG Sues Newly Launched Dellwood Insurance and Its Founders

American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide E&S lines insurance holding company about a month ago. According to …

Ship Owner in Bridge Collapse Seeks to Limit Its Liability

The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to about $43.7 million. The company, Grace Ocean, …