Litigation-Business
Burford Capital Raises $360 Mln for Pre-Settlement Investment Fund
Law Firm ManagementBurford Capital Ltd. said Monday that it has raised a $360 million for a private investment fund. The London-listed finance and asset-management company said the Burford Advantage
Ohio Reaches $80 Million Settlement with Monsanto Over PCB
Law Firm ManagementOhio Attorney General Dave Yost announced an $80 million settlement with the Monsanto Co. that forces the company to pay for the long-standing environmental damage it knowingly
Apple Agrees to Pay $14.8M to Settle iCloud Storage Lawsuit
Law Firm ManagementApple has agreed to pay out $14.8 million to U.S. residents to settle a class action lawsuit focused on the storage of user iCloud data on non-Apple servers. The complaint, filed back in
Evergrande bondholders threaten to sue after being blindsided by $2bn claim
Law Firm ManagementA group of bondholders is moving closer to formal legal action against Evergrande after the world’s most indebted property developer made a surprise disclosure that mystery lenders…
Rhode Island Reaches $107 Mln Opioid Settlements with Teva and Allergan
Law Firm ManagementRhode Island’s attorney general on Monday announced settlements he valued at $107 million against the drug makers Teva Pharmaceutical Industries (TEVA.TA) and AbbVie’s (ABBV.N)
City Agrees to More than $2 Million Settlement in Parking Ramp Lawsuit
Law Firm ManagementA more than $2 million settlement was unanimously approved to end Rochester’s yearlong lawsuit related to the city’s newest parking ramp. The Rochester City Council agreed to accept
Vivera Engages Star Legal Team to Lead $500 Million Lawsuit Against USA Today
LitigationVivera Pharmaceuticals, Inc. today announced the appointment of leading corporate law firm, Byrd Campbell, P.A., to represent the Company in its defamation lawsuit against USA Today…
Long Beach Could Receive Up to $7.5 Million in Class-Action Settlement with Monsanto
Law Firm ManagementLong Beach could receive up to $7.5 million in a class action settlement with Monsanto from a lawsuit filed against the chemical maker alleging its products polluted the city’s bodies of water
Middletown Firm, Attorney General Settle Consumer Protection Suit for $1 Million
Law Firm ManagementAttorney General William Tong and Consumer Protection Commissioner Michelle H. Seagull filed a $5 million stipulation judgment against Safe Home Security and its president David
Sugar-Free Pot Drink Investors Seek Final Nod on $1 Million Deal
Law Firm ManagementGlobalization Capital Inc. investors who say the company misled them about plans for a sugar-free cannabis drink asked a federal judge in Maryland for final approval of their $1 million
Victims of 2015 California Bridge Collapse to Share $38.5 Million Settlement
Law Firm ManagementA $38.5 million settlement has been reached between the builders of a bridge over the 91 Freeway in Corona and nine workers injured when part of the structure collapsed in 2015.
Trucking Giant Agrees to $6.8 Million Settlement in Case Alleging Fraud
Law Firm ManagementYellow Corporation has agreed to a multi-million dollar settlement in a lawsuit filed by the U.S. Department of Justice (DOJ) alleging the trucking giant engaged in fraud. In an announcement
Wisconsin Man Receives $1.25M Settlement for Foot Injury at 2019 U.S. Bank Stadium Concert
Law Firm ManagementU.S. Bank Stadium officials have signed off on their share of a $1.25 million settlement with a Wisconsin man whose foot was injured outside a stadium gate at a Garth Brooks concert
New Jersey to Distribute $641 Million from National Opioid Settlement to Bolster Treatment Efforts
Law Firm ManagementNew Jersey will receive $641 million from the $26 billion nationwide opioid settlement, Gov. Phil Murphy and Acting Attorney General Matthew Platkin said on Friday. The settlement
Venable SF Litigators Confirming Their $100.4 Million Victory
AnnouncementsVenable continues to represent Josh Ginsberg, a co-owner of one of Colorado’s largest dispensary chains (Native Roots), in claims against his and co-claimant Rhett Jordan’s business partner Peter Knobel and Knobel’s company Brightstar.
Venable’s trial team prevailed in American Arbitration Association (AAA) binding arbitration, securing an award of a whopping $100.4 million, plus an additional $40 million in interest.
Merit Medical Investors Want Final Nod for $18.25 Million Deal
LitigationMerit Medical Systems Inc. investors who say it misled them about its purchases of two medical device manufacturers asked a federal judge in California to sign off on their $18.25 million settlement. The cash
$4.65M Settlement Agreement at Hand in Live Oak Bank, Ncino No-Hire Suit
LitigationNearly a year after a former Live Oak Bank employee alleged in a class action lawsuit that major local companies had conspired to avoid hiring each other’s employees, a settlement agreement is now on the
Yale Reaches $1.29m Settlement in Employee Wellness Program Lawsuit
EnergyYale University and some of its employees have agreed to settle a class-action lawsuit over its employee wellness program for $1.29 million, subject to court approval. Kwesell v. Yale University alleged that
Tentative Settlement of More than $55M Reached in Surfside Condo Collapse Lawsuit
EnergyThe families of victims and survivors of the Champlain Towers South collapse in Surfside, Florida, that killed 98 people have agreed on a tentative settlement of more than $55 million with three defendants
Whirlpool Leaky Dishwasher $21M Class Action Lawsuit Settlement
EnergyWhirlpool agreed to pay $21 million to resolve claims its dishwashers are prone to leaks. The settlement benefits individuals who purchased or otherwise acquired certain Whirlpool dishwashers built between
