U.S. SEC Sues Over Alleged $650M Global Crypto Fraud August 13, 2024 By Jonathan Stempel The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently...
Plaintiffs in Lawsuit Vs. NCAA Ask Judge to Deny Preliminary Approval of Billion Settlement August 13, 2024 Plaintiffs’ attorneys in a federal antitrust lawsuit against the NCAA that is not part of a recent $2.78 billion settlement...
J&J Gets Plaintiff Backing for $6.5 Billion Baby Powder Accord August 13, 2024 By Jef Feeley and Damian Garde Johnson & Johnson has cleared a key hurdle for advancing a $6.5 billion plan to resolve thousands of lawsuits by...
Hawaiian Electric Pegs Loss at $1.7 Billion From Maui Fire August 12, 2024 By Mark Chediak Hawaiian Electric Industries Inc. pegged losses from estimated accrual of liabilities stemming from one of the worst wildfires in US...
Judge Tosses Much of Mexico’s $10B Suit Against U.S. Gun Makers August 8, 2024 By Nate Raymond A U.S. judge dismissed on Wednesday much of Mexico’s $10 billion lawsuit seeking to hold U.S. gun manufacturers responsible for...
Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge August 8, 2024 By Jonathan Stempel Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to...
Titan Sub Victim’s Family Seeks $50 Million Over Fatal Implosion August 8, 2024 By Rachel Graf The family of renowned French diver and Titanic expert Paul-Henri Nargeolet is seeking $50 million after he was killed in...
Ripple Labs Ordered to Pay $125 Million Penalty in SEC Case August 8, 2024 By Chris Dolmetsch Ripple Labs Inc. was ordered by a federal judge to pay a civil penalty of $125 million for selling its...
Insurer’s Lack of Repairs Caused Woman’s Death After Ian, Florida Lawsuit Says August 8, 2024 By William Rabb Just as another hurricane hit Florida, the child of a central Florida woman is litigating a claim from a previous...
GSK Prevails in Second Zantac Cancer Case to Go to Trial August 7, 2024 By Ashleigh Furlong GSK Plc convinced an Illinois jury that the former heartburn drug Zantac was not liable for a woman’s colorectal cancer...