Houston Rockets Becomes First NBA Team to Sue Insurer Over Denied Covid-19 Claims July 16, 2020 By Jef Feeley and Katherine Chiglinsky The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid...
Novartis Pharmaceuticals Agrees to Pay $678M to Settle Doctor-Bribe Claims July 2, 2020 By Jef Feeley Novartis Pharmaceuticals Corp. agreed to pay $678 million to resolve a whistle-blower case accusing the company of paying kickbacks to...
Tesla Sued Over Highway Crash When Model 3’s Airbags Malfunctioned June 29, 2020 By Jef Feeley Tesla Inc. was sued over a Maryland highway crash last year in which a Model 3’s airbags failed to deploy,...
Even With $11 Billion Settlement, Bayer Still Has 30,000 Claims to Roundup June 26, 2020 By Jef Feeley, Tim Loh and Tim Bross While Bayer AG said it took a major step toward wrapping up litigation over its Roundup weedkiller with a settlement...
Companies Press Insurance Brokers for Workarounds to Rising D&O Costs June 15, 2020 By Jef Feeley and Katherine Chiglinsky When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits,...
Talc Miner Imerys to Forfeit North America Units to Settle 14,000 Cancer Lawsuits May 18, 2020 By Jef Feeley Imerys SA, which mines talc used in Johnson & Johnson’s iconic Baby Powder and other products, agreed to turn over...
Litigation Builds Against Insurers Over Coronavirus Business Interruption April 8, 2020 By Jef Feeley and Katherine Chiglinsky Barbara Snowden dreamed of opening a wig shop to help women who’d lost their hair during chemotherapy feel better as...
Judge Orders J&J to Pay $344 Million Over Vaginal Mesh Implants Marketing February 3, 2020 By Jef Feeley and Bill Callahan Johnson & Johnson was ordered to pay $344 million for misrepresenting the risks of vaginal-mesh implants to consumers in California,...
Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M January 30, 2020 By Jef Feeley and Dana Hull All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits...
McKesson Board Settles with Investors for $175M Over Distributor’s Role in Opioid Crisis January 26, 2020 By Jef Feeley McKesson Corp.’s board reached a $175 million settlement with investors who claimed directors failed to maintain adequate internal systems for...