liability News

Sanofi to Pay $100 Million to Settle Zantac Cancer Lawsuits

Sanofi will pay more than $100 million to settle about 4,000 lawsuits accusing the French drugmaker of failing to warn users that its Zantac heartburn medicine could cause cancer, according to people familiar with the deal. The settlement was announced …

J&J, Kenvue Told to Pay $45 Million to Baby Powder User’s Family

Johnson & Johnson and Kenvue Inc. were ordered to pay $45 million to the family of an Illinois woman who blamed the companies’ baby powders for giving her a fatal cancer in what was the first verdict against the J&J …

Nord Stream Insurers Deny Policies Covered War Risks In UK Lawsuit

Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defense to a lawsuit filed at London’s High Court. Nord Stream is …

Brooklyn Catholic Diocese Settles with New York AG for Mishandling Clergy Sex Abuse Cases

New York Attorney General Letitia James announced an agreement with the Roman Catholic Diocese of Brooklyn to address years of reported mismanaging clergy sexual abuse cases and for failing to uphold the policies and procedures it adopted for investigating and …

Wildfires Are Upending Some of the Safest Bets on Wall Street

When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger …

Hawaiian Electric Hits 40-Year Low Ahead of Maui Fire Report

Hawaiian Electric stock hit a 40-year low in the wake of a local news report that a probe of the devastating Maui fires does not find fault with first responders. Shares fell as much as 18% to $8.74, the lowest …

Iowa Supreme Court Overturns $790K Harassment Award

Inappropriate comments by a superior to a social worker and between other employees at the state Department of Human Services did not justify a $790,000 jury award for sexual harassment, the Iowa Supreme Court has ruled. Friday’s ruling reversed a …

Rapper Drake Has Lawsuits Dismissed Over Deadly Astroworld Concert

Hip-hop artist Drake has been dismissed from a lawsuit over the deadly 2021 Astroworld festival in Houston in which 10 people were killed, a judge has ruled. Drake was a special guest of rap superstar Travis Scott, who had headlined …

Lawyers Want Ohio Residents to Wait for Details of $600M Derailment Settlement

The lawyers who negotiated a $600 million settlement with Norfolk Southern over that railroad’s disastrous 2023 derailment in Ohio want residents to talk with them before deciding the historic deal isn’t enough. They said Wednesday that the settlement for everyone …

Bridge Disaster in Baltimore Gets FBI Criminal Investigation

The US has opened a criminal investigation into what occurred on a cargo ship before it crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse last month, according to a person familiar with the probe. Federal Bureau …