settlements News

Onetime High-Flying Lawyer Girardi Indicted on Client Theft

LOS ANGELES (AP) — Disgraced former Los Angeles celebrity lawyer Tom Girardi has been indicted by federal grand juries in Los Angeles and Chicago on charges of stealing more than $18 million from clients, federal prosecutors announced Wednesday. The charges …

Duane Morris: 2022 Was a Banner Year for Class Action Settlements

Drugmakers and distributors that settled misconduct allegations related to the national opioid epidemic led to a banner year for class-action plaintiffs in 2022, with 15 settlement agreements that totaled $1 billion or more, according to a report by the Duane …

Lawyer Urges Jurors to Acquit Ex-NY doctor in Sex Abuse Case

NEW YORK (AP) — Jurors hearing evidence Monday against a former New York gynecologist accused of sexually abusing nearly 150 patients can “cancel” and “condemn him,” but they should acquit him of federal charges that he enticed women to cross …

Juul Reaches Settlements Covering More than 5,000 Cases

Juul Labs has reached settlements covering more than 5,000 cases brought by about 10,000 plaintiffs related to its vaping products. Financial terms of the settlement were not disclosed, but Juul said that it has secured an equity investment to fund …

Teva, AbbVie Finalize $6.6 Billion U.S. Opioid Settlements

Teva Pharmaceutical Industries Ltd and AbbVie Inc. have finalized the terms of settlements worth more than $6.6 billion to resolve thousands of lawsuits by U.S. state and local governments over the marketing of opioid painkillers, the companies and lawyers for …

Judge Poised to Sanction Law Firm that Filed Hundreds of La. Hurricane Lawsuits

A federal judge in Louisiana is threatening to fine a Houston-based law firm $200 for each duplicate or baseless lawsuit he finds among the 1,642 that the firm has filed against insurers for alleged hurricane damages. US District Court Judge …

6th Circuit Denies Bid for ‘Equitable Subrogation’ in Auto Parts Price-Fixing Case

Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay a total of $1.2 billion to resolve price-fixing allegations, a panel of the US 6th Circuit Court of Appeal ruled …

CMS Rules on Settlement Reporting May Sting Insurers and Claimants Both

For years, the federal agency that runs Medicare has been building a trap to snag any settlements that would force taxpayers to pick up the for tab for medical care that should have been paid by others. The Centers for …

Murdaugh Friend Charged With Aiding Insurance Fraud Scheme

COLUMBIA, S.C. (AP) — A longtime friend of South Carolina attorney Alex Murdaugh now faces 18 charges involving the theft of more than $3 million in insurance money from the family of Murdaugh’s dead housekeeper, according to newly unsealed court …

APCIA Joins Group Pushing for Reforms on Litigation Funding

A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for Fair Legal Funding (CFLF) said it is …