Settlement News

MGM Might Pay $800 Million in Las Vegas Shooting Settlement

LAS VEGAS — Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. “The company …

Following Opioid Suits, Family Behind Deadly OxyContin Squabbles

NEW YORK (Reuters) – A united front among members of the billionaire Sackler family behind painkiller OxyContin is showing signs of strain from litigation over who bears responsibility for the deadly U.S. opioid epidemic. At least twice in recent months, …

Bernard Madoff’s Wife Ruth Settles with Court-Appointed Trustee

NEW YORK — Ruth Madoff, the wife of imprisoned swindler Bernard Madoff, agreed to pay $594,000 and surrender her remaining assets when she dies to settle claims by the court-appointed trustee liquidating her husband’s firm. According to settlement papers, Ruth …

J&J Said to Pay About $1 Billion to Settle Metal-Hip Suits

Johnson & Johnson agreed to pay about $1 billion to resolve most lawsuits claiming it sold defective metal-on-metal hips that ultimately had to be removed, according to people with knowledge of the matter. With the agreement, J&J has now resolved …

McKesson Opioid Deal in West Virginia May Spur More Accords

McKesson Corp.’s settlement of an opioid lawsuit with West Virginia — the state with the highest U.S. rate of drug-overdose deaths — may encourage other states to seek quick cash to cope with the rising societal costs of addiction. West …

Cosby’s Insurer Settles Accuser’s Lawsuit Before Deposition

PHILADELPHIA — Bill Cosby’s insurance company has settled another lawsuit filed by a female accuser a week before the imprisoned comedian was set to give a deposition in the case, prompting Cosby to call the insurer “complicit” in a scheme …

Judge Orders Bayer to Pursue Talks in Roundup Cancer Litigation

A U.S. judge ordered Bayer AG to pursue mediation with plaintiffs claiming that its Roundup weedkiller causes cancer, asking the company to try to settle lawsuits that have wreaked havoc on its share price. More than 11,200 people have sued …

Targeted Motel 6 Guests Owed Millions May Be Impossible to Find

Motel 6 agreed to pay almost $20 million to tens of thousands of former guests whose ” Latino-sounding names” were disclosed to federal agents targeting undocumented residents for deportation. The question is whether anyone will be able to find the …

Avenatti Doubles Down, Says Nike Targeted Him to Cover ‘Crimes’

California lawyer Michael Avenatti brushed aside accusations by federal prosecutors that he tried to extort millions of dollars from Nike Inc., tweeting to thank supporters after he was released on bail and lobbing fresh accusations at the world’s biggest sports …

Settlement Reached in Suit over Mo. Duck Boat Accident

The company that owned a tourist boat that sank in a Missouri lake has reached a settlement with relatives of two brothers who were among 17 people who died in the accident. The Kansas City Star reports lawyers for Ervin …