D&O Market in ‘State of Transition’ on Litigation Trends: Woodruff Sawyer September 16, 2024 By Chad Hemenway It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of...
Walgreens Paying $106.8 Million to Settle Prescription Billing Fraud Charges September 16, 2024 By Jonathan Stempel Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that...
Former UPS Driver Wins $238 Million Verdict in Suit Over Firing September 16, 2024 By Andrew Harris A Black UPS driver won a $237.6 million jury verdict in a case in which he alleged he’d been discriminated...
23andMe Settles Data Breach Lawsuit for $30 Million September 16, 2024 By Jonathan Stempel 23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing...
Microsoft, Cyber Firms Pursue Changes After CrowdStrike Outage September 13, 2024 By Jake Bleiberg Microsoft Corp. said it’s building an alternative for cybersecurity companies that now utilize the deepest layer of its operating system...
Carlyle’s Sedgwick Valued at $13.2 Billion in Investment Deal With Altas September 13, 2024 Carlyle-owned claims management company Sedgwick said on Thursday it had secured an investment from private equity firm Altas Partners via...
OpenAI, Nvidia Executives Discuss AI Infrastructure Needs With Biden Officials September 13, 2024 By Mackenzie Hawkins and Ari Natter OpenAI Chief Executive Officer Sam Altman and Nvidia Corp. CEO Jensen Huang met with senior Biden administration officials and other...
Venture Capital Fund Ends Grant Program for Black Women After Lawsuit September 13, 2024 By Nate Raymond An Atlanta-based venture capital fund on Wednesday agreed to stop operating a program that awarded grants to small businesses run...
Buffett’s Insurance Leader Ajit Jain Sells Large Part of Berkshire Stake September 13, 2024 By Jonathan Stempel Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway BRKa.N, sold more than half of his Class...
TD to Pay $28 Million for Sharing Inaccurate US Consumer Data September 13, 2024 By Christine Dobby Toronto-Dominion Bank will pay almost $28 million in fines and restitution after the Consumer Financial Protection Bureau said the lender...