litigation News

737 Max Crash Victims Seek Legislation to Block Boeing Legal Strategy

CHICAGO — Families of Boeing 737 MAX crash victims are urging U.S. lawmakers to ensure the planemaker is held accountable for accidents that together killed 346 people by blocking a key legal defense, according to a letter sent on Tuesday …

Tezos Legal Settlement Gets Final OK, Ending 3-Year Court Battle

A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with a Swiss foundation paying $25 million to participants who lost money and their lawyers. The litigation followed a Reuters investigation …

Bayer to Pay $1.6 Billion to End U.S. Suits Over Contraceptive

Bayer AG agreed to pay $1.6 billion to resolve most of the U.S. litigation over its now-withdrawn Essure contraceptive device, which some women said caused excessive bleeding and pelvic pain or failed to prevent pregnancies. The deal will resolve about …

COVID-19 Era Highlights ‘Black Hole’ Compensation Fund For Vaccine Injuries

A U.S. government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used to address any potential side effects …

For Firms That Got Citi’s $900 Million, It’s a Shot at Payback

If Citigroup Inc. was looking to create a drama big enough to compete with the pandemic and U.S. elections for Wall Street’s attention, it couldn’t have written a better script. The bank allegedly facilitated a debt deal that left a …

BASF, Cahill Law Firm to Pay $72.5 Million in Talc-Scam Deal

BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve claims they hid evidence that certain talc products contained asbestos in an effort to scuttle thousands of lawsuits. Executives of …

Lawyers Seek to Halt Purdue Pharma Political Contributions

OxyContin maker Purdue Pharma should not be able to make any more political contributions without a judge’s permission, lawyers for its creditors said in a court filing. The issue came up this week after it was reported that the company, …

Bayer Puts Part of Roundup Settlement on Hold

FRANKFURT — Bayer has agreed to delay part of a proposed settlement of allegations that its widely used weedkiller Roundup caused cancer after a U.S. judge questioned its plan to deal with future claims. The German company said on Wednesday …

Climate Battles are Moving into the Courtroom, and Lawyers are Getting Creative

LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding action. And they are getting creative — using new legal …

Bayer Bets on Science in Bid to Prevent Future Roundup Lawsuits

Seeking to forestall further claims, Bayer AG is taking a risky bet that an independent scientific review will ultimately show that its widely used weed killer Roundup does not cause cancer, legal experts said. The company on Wednesday agreed to …