J&J Gets Plaintiff Backing for $6.5 Billion Baby Powder Accord August 13, 2024 By Jef Feeley and Damian Garde Johnson & Johnson has cleared a key hurdle for advancing a $6.5 billion plan to resolve thousands of lawsuits by...
Hawaiian Electric Pegs Loss at $1.7 Billion From Maui Fire August 12, 2024 By Mark Chediak Hawaiian Electric Industries Inc. pegged losses from estimated accrual of liabilities stemming from one of the worst wildfires in US...
GSK Prevails in Second Zantac Cancer Case to Go to Trial August 7, 2024 By Ashleigh Furlong GSK Plc convinced an Illinois jury that the former heartburn drug Zantac was not liable for a woman’s colorectal cancer...
TikTok Sued by U.S. for Allegedly Breaking Children’s Privacy Law August 2, 2024 By Leah Nylen TikTok was sued by the U.S. for allegedly collecting data on children in violation of a federal online privacy act,...
Norfolk Southern Reports $156M in Insurance Payments Following Ohio Derailment August 1, 2024 By Josh Funk Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment,...
Meta to Pay $1.4B to Settle Texas Facial Recognition Data Lawsuit July 31, 2024 By Mike Scarcella and Jody Godoy Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of...
GSK Settles Another Heartburn Drug Lawsuit In Illinois July 30, 2024 By Yadarisa Shabong and Shanima A British drugmaker GSK said on Monday it has agreed to confidentially settle a lawsuit in Illinois that alleged its discontinued...
Reckitt Plunges to 11-Year Low on Abbott Infant Formula Verdict July 29, 2024 By Joel Leon and Dasha Afanasieva Reckitt Benckiser Group Plc plunged to an 11-year low on Monday after a verdict against Abbott Laboratories intensified concerns over...
Tyco, TIG Insurance Agree to Settle ‘Forever Chemicals’ Fire Foam Litigation July 29, 2024 By Insurance Journal staff reports Three months after Tyco Fire Products agreed to pay $750 million to communities with groundwater affected by so-called “forever chemicals”...
Indivior Reaches $86M Opioid Settlement With 16 U.S. States July 29, 2024 By Jonathan Stempel Indivior reached an $86 million settlement with 16 U.S. states over the drug manufacturer’salleged role in spreading opioid addiction across...