Microsoft in $22M Deal to Settle Cloud Complaint, Ward off Regulators July 11, 2024 By Foo Yun Chee Microsoft has clinched a 20-million-euro ($21.7 million) deal to settle an antitrust complaint about its cloud computing licensing practices, averting...
Nearly 1M Power Adapters Sold with Baby Sound Machines Recalled Due to Shock Hazard July 10, 2024 Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed...
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
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...
Banks Face Record Number of U.K. Lawsuits as Economy Stumbles July 8, 2024 By Upmanyu Trivedi Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows...
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...
Silvergate Fined $63 Million by Fed, State Regulator July 2, 2024 By Lydia Beyoud Silvergate Bank, the California lender done in by the collapse of crypto exchange FTX, has been fined $63 million by...
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...
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...
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...