Liability News
Investment in Personal Injury Lawsuits With 20 Percent Returns: New Soros Strategy
The billionaire George Soros has found a new way to make money from personal-injury lawsuits. Soros Fund Management is pushing into a branch of litigation finance that few hedge funds have entered. ...
Wildfires Strike Northern California Once Again
Thousands were forced to flee their homes Monday as major wildfires encroached on a charred area of Northern California still recovering from severe blazes in recent years, sparking concern the state ...
After Derailment Spills 230,000 Gallons of Oil in Iowa, BNSF Railway Pursues Service Restoration
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil ...
Wells Fargo Settles Phony Bank Account Scandal for $142M
Wells Fargo & Co said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening ...
Unsafe Charters Allowed to Handle U.S. Commercial Flight Operations: Watchdog Probe Allegation
Government aviation inspectors allowed unsafe aircraft to operate in U.S. commercial flight operations, a whistle-blower investigation has concluded. The Federal Aviation Administration's own review ...
Oil Companies Seek Dismissal of Suit Holding Them Liable for Global Warming Damages
Lawyers for major oil companies on Wednesday urged a federal judge to throw out a lawsuit filed by New York City seeking to hold them financially liable for damages caused by global warming. Theodore ...
Liability Twist: Massachusetts Sues Purdue Execs, Directors Over Opioid Crisis
Massachusetts on Tuesday filed a lawsuit against Purdue Pharma LP, accusing the OxyContin maker of illegally promoting the use of opioids, and became the first state to sue the drugmaker's executives ...
Scooter Startups Offer Latest Liability Target for Personal Injury Lawyers
Bird Rides Inc. and other scooter startups have drawn fire from pedestrian advocates, politicians and annoyed citizens. Now they have a new nemesis: personal-injury lawyers. In recent months, people ...