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...
Big Banks to Pay $46 Million to Settle Swaps Collusion Case June 28, 2024 By Sabrina Willmer Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan...
Crypto Firm Abra Reaches $82M Settlement for Operating Without Licenses June 27, 2024 By Hannah Lang Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for...
Russian Court Orders Italy’s UniCredit to Pay $480M for Aborted Gas Project June 26, 2024 By Elena Fabrichnaya and Alexander Marrow A Russian court has ordered Italian bank UniCredit to pay 448.2 million euros ($479.44 million) in a lawsuit over an...
Prosecutors Recommend DOJ Criminally Charge Boeing as Deadline Looms June 24, 2024 By Chris Prentice, Mike Spector and Allison Lamper U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker...
Under Armour to Pay $434M to Settle Lawsuit Over Sales Disclosures June 24, 2024 Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing...
JPMorgan, Ex-Trader Agree to Settle Wrongful Firing Lawsuit June 24, 2024 By Steve Stroth A former JPMorgan Chase & Co. precious metals trader said he’s reached a tentative settlement with the bank over a...
Qualcomm Reaches $75M Settlement Over Sales and Licensing Practices June 19, 2024 By Jonathan Stempel Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by...
42 States, J&J Finalize $700M Settlement Over Talc Marketing June 14, 2024 By Chad Hemenway Attorneys general in 42 states said they finalized a $700 million settlement with Johnson & Johnson over the marketing of...
Cancer Victims Ask Court to Block J&J Talc Bankruptcy June 13, 2024 By Mike Spector A group of cancer victims asked a federal judge to block Johnson & Johnson’s proposed bankruptcy settlement of tens of...