Federal Judge $53.5 Million Settlement Precludes Ritchie County Royalty Claims

“A 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 Bailey sided with Pittsburgh-based EQT Corp. after it asked the U.S. District,” reports Charleston Gazette Mail in their blog.

“EQT had argued that a 2019 $53.5 million class-action settlement agreement to resolve a lawsuit that alleged the company was shorting thousands of state residents and businesses on gas royalty payments prohibited further action against the company for royalty claims. In the litigation, the plaintiffs are residents Philip Williams, Timothy.”

Read the article.




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

“Motley 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. The preliminary settlement came the Friday before jury selection was scheduled to begin,” reports Johnson City Press in their blog.

“U.S. District Court Judge Jon S. Tigar oversees the case, and will decide whether to approve the settlement on a later date. Motley Rice was appointed Lead Counsel in the case in December 2016, and since that time its team of securities fraud attorneys, which included, William NarwoldGregg LevinMeghan OliverMax Gruetzmacher.”

Read the article.




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

“Steinhoff 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. It is time for this saga to be brought to an end,” the retailer’s CEO Louis du Preez said in an,” reports Jan Cronje in their Fin 24.

“It is time for this saga to be brought to an end, the retailer’s CEO Louis du Preez said in an affidavit. The alternative is years of litigation at massive cost and prevailing uncertainty. The sanctioning of the proposal will go some way to restoring the tarnished reputation of SA Inc, he added, saying it would also help secure the jobs of more than.”

Read the article.




Bausch Settles Pay for Delay Claims with $300 Million Charge

“Court 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 a monopoly on the therapy by paying off competitors, thereby enabling an eight fold price,” reports The Pharma Letter in their blog.

“First sold by Assertio Therapeutics Nasdaq. ASRT, Glumetza is an extended-release formulation of the common diabetes therapy. Bausch, which was formerly known as Valeant Pharmaceuticals, picked up the treatment subsequently. The antitrust case was initiated in 2019. The legal arguments center around the role.”

Read the article.




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

“Glaukos 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, initiated on April 14, 2018, in the U.S. District Court for the Central District of California,” reports Sean Whooley in Drug Delivery.

“Under the settlement agreement, Ivantis will pay Glaukos $60 million, with $30 million to be paid by Dec. 31, 2021. The remainder must be paid by Dec. 31, 2022, with Ivantis also to pay Glaukos a 10% ongoing royalty through April 26, 2025, based on the Hydrus Microstent’s U.S. sales and any international sales supplied outside of the U.S.”

Read the article.




Ohio, Drug Distributors Finalize $808 Million Opioid Settlement

“Ohio 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 of the proposed $26 billion national settlement. Ohio Attorney General Dave Yost cited the leverage,” reports Nate Raymond in Reuters.

“An upcoming trial in a case the state filed against the companies to explain why the state could cut a better deal with McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc than what it could get in the national settlement. That deal calls for the distributors to pay up to $21 billion over 18 years to resolve claims by thousands.”

Read the article.




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

“AbbVie 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-profile case from hedge funds that alleged the company misled them about its true,” reports Eric Sagonowsky in Fierce Pharma.

“When AbbVie unveiled its proposed Shire deal in July 2014, the company cited a “strong strategic rationale” for the move—not just the tax benefits of acquiring an Irish drugmaker. But shortly after the U.S. Treasury Department rolled out new rules in September 2014 to crack down on controversial so-called tax inversions, the company gave.”

Read the article.




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

“A 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 commonwealth. According to the settlement agreement obtained through a Right,” reports Jan Murphy in Pittsburgh Post Gazatte.

“IBM agreed to pay $33 million to the state Department of Labor & Industry to end the litigation filed in 2017. A department spokeswoman confirmed on Monday the settlement payment has been received. The department filed the lawsuit in Dauphin County Court after it paid IBM $170 million to modernize the system used to process.”

Read the article.




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

“The 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 registrations. The high-profile lawsuit was filed 2016 in response to former Secretary,” reports Sherman Smith in Kansas Reflector.

“Kris Kobach’s signature law, which required residents to prove their citizenship before registering to vote. The law blocked more than 35,000 eligible voters from participating in elections. U.S. District Court Judge Julie Robinson held Kobach in contempt of court following his embarrassing performance in a 2018 trial. The judge determined.”

Read the article.




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

“Bayada, 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 Wednesday. A whistleblower suit filed in New Jersey in 2017 alleged that,” reports Harold Brubaker in The Philadelphia Inquirer.

“three years earlier Bayada had acquired two home-health agencies in Arizona from an operator of retirement communities to induce referrals of Medicare beneficiaries for home health services at the seller’s retirement facilities nationwide. Details of the alleged kickbacks from early 2014 until October 2020 were not available because.”

Read the article.




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

“Orange 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 addictive painkillers unleashed.County officials announced Orange’s cut of,” reports Chris McKenna in Times Herald Record.

“State negotiated deal on Friday, saying the amount depends on how many other counties accept the terms and end their parts in the litigation. The more that do, the higher the amount.The first payment from Johnson & Johnson is expected to come in February. Much of the funding must be used to combat the continued addiction toll through.”

Read the article.




Karen Garner, Loveland Agree to $3M Settlement

“Karen 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 federal lawsuit stemming from her June 2020 arrest by officers of the Loveland Police,” reports Alexander Kirk and Janet Oravetz in 9 News.

“Garner, an elderly woman with dementia, was arrested after she was accused of stealing from a Walmart store. The incident was not publicly reported until April 2021 after attorney Sarah Schielke filed a lawsuit. It was at that time that Loveland Police Chief Bob Ticer said they were made aware of the excessive force allegations.”

Read the article.




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

“Wawa 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 up to $8 million in gift cards, and cash reimbursements of out-of-pocket costs capped at $1 million,” reports Petrol Plaza in their blog.

“The case emerged from malware being discovered on Wawa payment processing servers. The malware affected customer payment card information used at most Wawa locations beginning at different points in time after March 4, 2019 and until it was contained on December 12, 2019.The settlement also requires Wawa to implement.”

Read the article.




Camden Council to Vote on $1.4M Shooting Settlement

“The 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 end costly litigation in a high-profile case that’s been winding its way through the state court,” reports Tony Gallotto in Tap Into Camden.

“Under the proposed settlement, the city would pay 29-year-old Bryheim Jamar Baskin $750,000 and the city’s insurance carrier would pay the $650,000 remainder. Council approval would not be an admission of liability by the city, the agreement says. A resolution on the council’s agenda says this settlement would avoid the continued.”

Read the article.




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

“Executives 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 profits, according to a letter reviewed by Reuters and a source familiar with the matter. James Simons,” reports Reuters in their blog.

“The founder of one of the world’s most successful quantitative hedge funds and a major Democrat donor, will make an additional settlement payment of $670 million to the Internal Revenue Service, according to the letter from Renaissance’s Chief Executive Peter Brown sent on Thursday to investors. In describing the settlement.”

Read the article.




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

“A 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 settlement of the suit brought by Bryheim Jamar Baskin. The pending agreement was reached after,” reports Jim Walsh in Courier Post.

“The state Supreme Court last year narrowly ruled a former city policeman, Rafael Martinez, could not claim qualified immunity against Baskin’s suit. Baskin contends he was shot while holding his hands above his head after being chased by Martinez in September 2012. Baskin was carrying a handgun when the chase began.”

Read the article.




Sutter Health Settles Medicare Overcharge Claims for $90 Million

“California-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 Medicare Advantage plans. The settlement, announced Monday by the U.S. Department of Justice, resolves a 2015 whistleblower lawsuit brought under the federal False Claims Act by Kathy,” reports Brendan Pierson in Reuters.

“According to Ormsby’s attorneys, it is the largest settlement of an FCA case against a hospital system over alleged Medicare Advantage fraud, and the second-largest Medicare Advantage fraud settlement ever reported overall. This case is an important example of whistleblowers and their lawyers partnering with the government to bring extra expertise and legal firepower to the fight against fraud, Mark Kleiman of Kleiman Rajaram.”

Read the article.




NM Offers $50M to Settle Tax Lawsuit

“The 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 by each of the plaintiffs. It centers on a 2018 lawsuit that accused the state Taxation and Revenue Department of shorting cities and counties some of the money they use to pay for law enforcement,” reports Dan Mckay in Albuquerque Journal.

“A top executive at the New Mexico Municipal League, at one point, estimated the state might owe $100 million to local governments. The state denied the allegations in court filings. To resolve the lawsuit, the state has agreed to make a one-time payment of $50 million, which would be shared by the local governments. Cities and counties will next evaluate whether to sign off on the proposed agreement.”

Read the article.




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

“It’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 toxic workplace environment, it’s seen protests from hundreds of employees and several key,” reports Daniel Van Boom in their Cnet.

“The suit, filed by the Department of Fair Employment and Housing on July 20, argues that the company has a “frat boy” workplace culture and alleges several alarming incidents of discrimination and harassment. On Monday, DFEH expanded its suit against Activision Blizzard, and claimed the company had obstructed its investigation.”

Read the article.




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

“Legal 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 still have outstanding suits against Monsanto a subsidiary of Bayer, claiming the,” reports PR Newswire in their blog.

“Bayer has agreed to pay compensation on some claims, even while disputing liability on others. However, it has already been ruled that it will take $9 billion to settle over 100,000 existing claims four claims alone had jury verdicts of $2 billion as well but are in appeals. At this time, Legal-Bay’s sources report that they are unaware.”

Read the article.