Litigation/Liability Trends
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits
A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for allegedly hiding risks that led ...
Altria Tells Jury It Didn’t Benefit From Juul’s Marketing to Young Users
Altria Group Inc. didn't benefit from its $12.8 billion investment in Juul Labs Inc., the tobacco giant's lawyers told a jury in a trial over whether it helped the e-cigarette maker promote sales ...
Tesla Wins Bellwether Trial Over Autopilot Crash
A California state court jury on Friday handed Tesla Inc. a sweeping win, finding the electric vehicle maker's Autopilot feature did not fail in what appeared to be the first trial related to a crash ...
Snap Claims It’s Wrongly Dragged Into Social Media Addiction Suits
Snap Inc. says it can't be sued for allegedly addicting young users and contributing to a mental health crisis because its "ephemeral" messaging service is "fundamentally different" from other ...
Juul to Pay $462 Million to Six States, D.C. Over Youth Addiction Claims
E-cigarette maker Juul Labs Inc. has agreed to pay $462 million over eight years to settle claims by six U.S. states including New York and California, along with the District of Columbia, that it ...
Mother Sues Maine School Over Keeping Teen’s Gender Transition Private
A Maine woman is suing a school district whose counselor encouraged her teen's social gender transition, providing a chest binder and using a new name and pronouns, without consulting parents. It's ...
Lawsuit, Adjuster Say UPC Altered Louisiana Estimate After Hurricane Ida
The practice of insurance companies revising independent adjusters' damage reports may be as widespread in Louisiana as it is in Florida, according to adjusters and a plaintiffs' attorney who has ...
What Insurers Should Know About PFAS
Scientists faced a problem when the space race was heating up in the mid-20th century. They needed to develop materials to withstand the heat of atmospheric entry and corrosive effects of water when ...