Litigation/Liability Trends
OxyContin Maker Purdue Settles Oklahoma Opioid Case for $270 Million
OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company have reached a $270 million settlement to resolve a lawsuit by the state of Oklahoma accusing Purdue of ...
Federal Judges Cracking Down on Cozy Class Action Deals
Federal judges in California are cracking down on warped incentives in class-action lawsuits, exerting tighter oversight of settlements that provide hefty fees for plaintiff lawyers but no meaningful ...
J&J, Bayer Settle 25,000-Plus U.S. Xarelto Suits for $775 Million
Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits alleging that their blockbuster blood thinner Xarelto caused unstoppable and in some cases fatal bleeding for a ...
FEMA Botches Handling of Personal Data From 2 Million Disaster Victims
The Federal Emergency Management Agency improperly released the personal data of some 2.3 million survivors of hurricane and wildfire disasters to a contractor, the Department of Homeland Security's ...
Midwest Flood Deluge Heads Closer to Mississippi River
The deluge that devastated so much of Nebraska is now moving downstream to threaten cities in Missouri and Kansas as the flood bulge makes its way toward the Mississippi River. Major flooding is ...
Bayer’s Liability Risks Grow After Second Ruling Linking Roundup Weed Killer to Cancer
Bayer AG slumped after a second major defeat in U.S. litigation over claims that its Roundup weed killer causes cancer, shaving almost $8 billion from its market value and raising the likelihood of a ...
Cyber Attack Strikes Aluminum Maker Norsk Hydro in Europe and U.S.
Norsk Hydro ASA, one of the world's biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. The company said it was still working ...
Flood Damage Risks Escalate in U.S. Midwest
The Great Plains and Midwest, struggling with flooding that inundated roads and farms and pushed rivers to record heights, is set to get more rain ahead, with light showers forecast over the next few ...