Counsel News and Events for Attorneys and Executives

Tag: Litigation

Federal Judge $53.5 Million Settlement Precludes Ritchie County Royalty Claims

NewsA federal judge has ruled in favor of one of West Virginia’s largest natural gas producers looking to block gas leaseholders from going after the company in Ritchie County Circuit Court. U.S. District Judge John Preston

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Motley Rice Reaches $809.5 Million Settlement to Resolve Twitter Securities Class Action

NewsMotley Rice LLC, one of the nation’s largest plaintiffs’ litigation firms, negotiated a settlement resolving litigation in the Northern District of California against Twitter, Inc. and two former senior executives.

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Steinhoff CEO Asks Court to Back $25 Billion Settlement as it Seeks to Postpone Liquidation Bid

NewsSteinhoff has applied to the Western Cape High Court an urgent basis to approve its multibillion-rand settlement proposal, saying doing so will put an end to the “interminable” legal challenges it has been facing.

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Bausch Settles Pay for Delay Claims with $300 Million Charge

NewsCourt filings show that Canada-headquartered Bausch Health TSX. BHC has agreed to pay $300 million to settle an antitrust suit related to diabetes med Glumetza. The class action suit accused the firm of keeping

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Ivantis to Pay $60M in Patent Litigation Settlement with Glaukos

NewsGlaukos NYSE, GKOS announced today that it entered into a settlement with Ivantis to terminate a three-year-old patent infringement lawsuit. San Clemente, California-based Glaukos’ patent infringement lawsuit,

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Ohio, Drug Distributors Finalize $808 Million Opioid Settlement

NewsOhio on Thursday finalized an $808 million accord with the three largest U.S. drug distributors resolving claims they fueled the opioid epidemic, guaranteeing the state would be paid regardless of the fate

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AbbVie Dodges Hedge Fund Lawsuit over Failed $55B Shire Pursuit

NewsAbbVie faced no shortage of criticism and questioning over its decision to abandon its proposed $55 billion Shire buyout back in 2014. But after years of legal back-and-forth, the company has escaped one high

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IBM Paid Pa. $33M to Settle Lawsuit over Jobless Benefits Computer Project

NewsA legal battle against IBM accusing the company of failed performance on a project to upgrade Pennsylvania’s unemployment computer system resulted in a multi-million-dollar settlement in favor of the

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Kansas Agrees to $1.9M Settlement for Defending Kobach’s Baseless Voter Fraud Claims

NewsThe Kansas Attorney General’s Office has agreed to pay the American Civil Liberties Union and other attorneys $1.9 million in fees and expenses for a five-year legal battle over an unconstitutional restriction on voter

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Bayada Settles Whistleblower’s False Claims Act Suit for $17 Million

NewsBayada, a national home health care company based in Moorestown, agreed to pay $17 million to settle allegations of illegal kickbacks in exchange for patient referrals, U.S. Justice Department officials said

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Orange County will Get Up to $3 Million for Toll of Opioid Crisis in First Lawsuit Deal

NewsOrange County will get $1.3 million to $3 million from Johnson & Johnson through a partial settlement of the statewide lawsuit counties have waged against opioid makers for the deadly and costly epidemic their

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Karen Garner, Loveland Agree to $3M Settlement

NewsKaren Garner and the City of Loveland have agreed to settle her claim against the city for $3 million, the city announced Wednesday. The City of Loveland said once finalized, the settlement will end Garner’s pending

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Wawa to Give $9 Million Payout to Consumers in Legal Settlement

NewsWawa and a group of consumers have reached a settlement of litigation stemming from a data security incident that occurred in 2019 across its 860 locations. As part of the settlement, Wawa will have to give

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Camden Council to Vote on $1.4M Shooting Settlement

NewsThe City Council is poised to approve a $1.4 million settlement with a man who got shot in the stomach in 2012 by a then-city police detective. The tentative agreement, on the council’s Tuesday agenda, would

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Renaissance Executives Agree to Pay Around $7 Bln to Settle Tax Dispute with IRS Source

NewsExecutives of hedge fund Renaissance Technologies LLC could pay as much as $7 billion to U.S. tax authorities after agreeing to settle a dispute over whether they improperly reduced their tax liability from trading

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Camden Council to Vote on $1.4M Settlement of Police-Shooting Lawsuit

NewsA lawsuit brought by a man who was shot by a police officer here could be resolved soon with a payment of $1.4 million. City Council members are expected to vote at a special meeting Tuesday on a proposed

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Sutter Health Settles Medicare Overcharge Claims for $90 Million

NewsCalifornia-based hospital operator Sutter Health has agreed to pay $90 million to settle claims that it overcharged the federal government by misrepresenting the health of patients enrolled in privately administered

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NM Offers $50M to Settle Tax Lawsuit

NewsThe state of New Mexico has agreed to pay $50 million to resolve allegations that it failed to share tax revenue accurately with more than 40 cities and counties. 1The agreement isn’t final and still must be approved

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California Expands Lawsuit Against Activision-Blizzard: What you Need to Know

NewsIt’s been a tumultuous month for Activision Blizzard, a gaming giant that was sued by the state of California. Since the company was accused in July of discriminating against its female workforce and running a

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Legal-Bay Lawsuit Funding Announces Roundup Litigation Settlements Still have No Definitive Timeframe

NewsLegal Bay, The Presettlement Funding Company, reports that Bayer is reassessing its efforts to settle the numerous lawsuits they are facing due to their Roundup brand weed killer. It is estimated that 30,000 plaintiffs

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