Liability News
Goldman Sachs Will Again Face Crisis-Era Securities Fraud Class Action Lawsuit
Goldman Sachs Group Inc must again face a class action by shareholders who said they lost $13 billion because the Wall Street bank hid conflicts of interest when creating risky subprime securities ...
Florida Jury Awards $100 Million in Trial Involving Bitcoin Pioneers
Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner, which claimed it was owed ...
Four Employees Sue Bristol Myers for Refusing COVID-19 Vaccine Religious Exemptions
Bristol Myers Squibb Co was sued on Wednesday by four employees who said the drugmaker refused to grant them religious exemptions from its COVID-19 vaccination requirement, and threatened to fire ...
Opioid Verdict Against Pharmacy Chains May Not Survive Appeal
While a Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. exacerbated Ohio's opioid epidemic with lax oversight of prescription painkillers, the verdict may ...
COVID Intrigue: Pfizer Accuses Departing Employee of Stealing Vaccine Secrets
Pfizer Inc has sued a longtime employee for allegedly stealing "scores" of confidential documents, including some related to its COVID-19 vaccine, as she prepared to jump to a competitor. In a ...
CVS, Walgreens, Walmart Found Liable in Opioid Crisis
CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry's latest loss in the expanding ...
Phillips Claims FDA’s Ventilator Safety Issues May Be Overestimated
Dutch medical equipment maker Philips on Wednesday said U.S. regulators might have overestimated the number of safety issues raised by customers related to its recall of ventilators in which a ...
Facebook Warned It Faces Criminal Prosecution in UK for Failing to Keep Users Safe
UK Culture Secretary Nadine Dorries warned Facebook Inc. and its chiefs are on course for criminal prosecution for failing to reign in the harmful effects of its platform. "Why would we give them two ...