Tag: Litigation
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
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
Sacklers to Pay $6 Billion to Settle Purdue Opioid Lawsuits
EnergyThe Sackler family owners of Purdue Pharma LP reached a deal with a group of attorneys general to pay up to $6 billion in cash to resolve widespread litigation alleging that they fueled the U.S. opioid
Switch Inc. Sees Quarterly Losses Grow After $35 Million Monopoly Lawsuit Settlement
EnergySwitch Inc. saw its quarterly losses jump by more than $17 million after settling a long-running $35 million lawsuit with a now-defunct rival data center firm. In 2017, Switch was sued by fellow Las Vegas
Court Approves $22.5 Million Settlement in Precision Castparts Air Pollution Lawsuit
EnergyPrecision Castparts Corp. has agreed to pay $22.5 million to settle a class action lawsuit over air pollution coming from its metal parts manufacturing facility in Southeast Portland. Last week, a Multnomah
Plaintiffs Law Firms Seek $20 Mln in Legal Fees From ATM Antitrust Case
EnergyThree plaintiffs’ law firms have asked a federal judge to award more than $20 million in legal fees as part of a $66 million antitrust settlement with banks accused of participating in a scheme to fix