False Claims Act Settlements and Judgments Exceed $2.68B in 2023, New Report Show March 6, 2024 Settlements and judgments under the False Claims Act exceeded $2.68 billion in the fiscal year ending Sept. 30, 2023, according...
Drugmaker Endo Reaches $465M Bankruptcy Settlement With US March 1, 2024 By Dietrich Knauth Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal government’s law enforcement, tax, and healthcare...
Billions Awarded in Indian Brothers’ LA Real Estate Feud March 1, 2024 By John Gittelsohn An obscure 21-year legal feud involving five brothers from India who’ve amassed a fortune in diamonds and Los Angeles real...
GSK Settles Another Zantac Cancer Lawsuit in California February 29, 2024 By Marthe Fourcade GSK Plc settled a US lawsuit set to start in California over the UK drugmaker’s blockbuster heartburn medication Zantac, the...
Winklevoss’s Gemini to Return $1.1B to Customers in New York Settlement February 29, 2024 By Olga Kharif Gemini Trust Co., the crypto exchange founded by twin entrepreneurs Cameron and Tyler Winklevoss, will return at least $1.1 billion...
Berkshire Utility Sells $3.8 Billion Bond to Pay Wildfire Claims February 27, 2024 By Olivia Raimonde and Josh Saul Berkshire Hathaway Energy Co.’s PacifiCorp sold $3.8 billion of US investment-grade bonds to help fund settlement claims related to wildfires...
Southern California Edison to Pay $80M to US Over 2017 Wildfire February 27, 2024 By Jonathan Stempel Southern California Edison agreed to pay the United States $80 million to cover costs and damages incurred by the U.S....
US Universities Settle Financial-Aid Antitrust Lawsuit For $166 Mln February 26, 2024 By Mike Scarcella Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored...
CBI Settles Legal Action by Ex-Boss After Misconduct Scandal February 6, 2024 By Julian Harris Britain’s most prominent business group, the Confederation of British Industry, has reached a settlement with its former chief Tony Danker...
Contractor Reaches $25M Settlement in Flint, Michigan Water Crisis Suit February 6, 2024 ]A second contractor has reached a $25 million settlement over its role in Flint, Michigan’s lead-contaminated water scandal. The class-action...