Articles by Chris Strohm and Jef Feeley

Bayer to Pay $40 Million Over Whistle-Blower’s Bribe Claims

Bayer AG agreed to pay $40 million to resolve US lawsuits linked to allegations that company officials bribed hospitals and physicians to use its drugs. The settlement stems from two “whistle-blower” suits filed by ex-marketing employee Laurie Simpson almost two …

Retailers Ordered to Pay $650 Million Over Ohio Opioid Sales

Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. were ordered to pay a total of $650 million over their failure to properly monitor opioid prescriptions in Ohio, in the drug industry’s latest setback in the sprawling litigation over …

3M Bankruptcy Tactic Fails as Combat Earplug Suits Move to Trial

3M Co.’s plan to use controversial bankruptcy rules to shield itself from some 230,000 lawsuits over military earplugs looked like a relatively simple fix to a long-simmering problem that could cost it billions of dollars. Like most things that sound …

Walmart, CVS, Walgreens Ordered to Pay $650 Million Over Ohio Opioid Sales

Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. were ordered to pay a total of $650 million over their failure to properly monitor opioid prescriptions in Ohio, in the drug industry’s latest setback in the sprawling litigation over …

First Zantac Case Dropped Before Trial After Some Payouts

A lawsuit against makers of Zantac was dropped this week just ahead of trial, people familiar with the matter said, after a series of settlements with some of the drugmakers involved. Generic drugmakers Teva Pharmaceutical Industries Ltd., Perrigo Co., Sun …

Allergan Poised to Pay More Than $2 Billion in Opioid Settlement

AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and local governments over the marketing of its Kadian opioid painkiller, according to people familiar with the matter. …

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued Elon Musk over his abandoned $44 billion takeover bid, accusing the billionaire of having buyer’s remorse after his fortune declined. Lawyers for Twitter told a Delaware judge that the world’s richest man should be forced to honor …

Twitter Assembles Legal Team to Sue Musk Over Dropped Takeover

Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter. The social media …

Bayer Faces Roundup Weedkiller Trial Featuring Ex-Monsanto CEO’s Testimony

Bayer AG faces a trial over its Roundup weedkiller in which the ex-chief executive officer of its Monsanto unit will testify for the first time as to what he knew about the product’s cancer risks. Jurors in Kansas City, Missouri, …

J&J’s Victory Over Cancer Victims Clears Path for 3M, Others

A court ruling allowing Johnson & Johnson to use a controversial bankruptcy strategy to force cancer victims into potential settlement talks has raised the odds that other companies facing costly product-liability claims like 3M Co., and Dow Inc. may follow …