Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site July 3, 2024 By Andrew G. Simpson A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who...
Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker July 1, 2024 By Allyson Versprille and Chris Strohm The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or...
Citi Seeks Dismissal of Ex-Compliance Worker’s Retaliation Suit July 1, 2024 By Sabrina Willmer Citigroup Inc. asked a court to dismiss a lawsuit by a former senior data compliance official who accused it of...
Supreme Court Ends OxyContin Settlement, Cracking Sackler Shield June 28, 2024 By Jonathan Randles and Greg Stohr The US Supreme Court tossed Purdue Pharma LP’s $6 billion opioid settlement, nixing a deal that would have funded opioid...
Big Banks to Pay $46 Million to Settle Swaps Collusion Case June 28, 2024 By Sabrina Willmer Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan...
Insurers Seek Subrogation Against Norfolk Southern Over Ohio Train Derailment June 28, 2024 By Ezra Amacher Four insurance companies filed a subrogation lawsuit against Norfolk Southern in federal court last week, alleging the rail carrier’s negligence...
Crypto Firm Abra Reaches $82M Settlement for Operating Without Licenses June 27, 2024 By Hannah Lang Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for...
Connecticut Firefighters Sue Dupont, 3M, Honeywell Over Allegedly Contaminated Gear June 27, 2024 By Jonathan Stempel DuPont, 3M, Honeywell and 16 other defendants were sued on Tuesday by Connecticut firefighters who said their protective gear was...
Russian Court Orders Italy’s UniCredit to Pay $480M for Aborted Gas Project June 26, 2024 By Elena Fabrichnaya and Alexander Marrow A Russian court has ordered Italian bank UniCredit to pay 448.2 million euros ($479.44 million) in a lawsuit over an...
Apple Unfairly Fired U.K. Worker Who Was Part Toxic Work Culture, Judge Says June 25, 2024 By Upmanyu Trivedi Apple Inc. unfairly fired an employee for making racist comments that were part of a toxic workplace culture at one...