Articles by Jef Feeley

More Compensation Disclosure Doesn’t Settle Goldman Investor’s Claim

A bid by Goldman Sachs Group Inc. to settle a lawsuit over how much it pays directors was rejected by a judge who said that simply making changes in corporate governance didn’t provide enough benefit to the firm. The investment …

Liability Test Case Against Opioid Makers Allowed to Move Forward

A lawsuit seeking to hold drugmakers and distributors responsible for a nationwide opioid epidemic should be allowed to move forward, a federal magistrate said in a preliminary ruling that may increase the likelihood of a settlement. Companies including Johnson & …

Another Mistrial Declared in J&J Talcum Powder Cancer Trial

Jurors weighing claims that Johnson & Johnson’s iconic baby powder is laced with cancer-causing asbestos failed in a second case in two weeks to reach a verdict, resulting in another mistrial. The latest case was brought by a retired computer …

Judge Declares Mistrial in California J&J Talcum Cancer Case

Johnson & Johnson’s latest trial over claims that its baby powder causes cancer ended in a stalemate when jurors couldn’t agree on a verdict. A state judge in Pasadena, California, declared a mistrial Monday after jurors deadlocked on Carolyn Weirick’s …

J&J Talc Supplier Settles in California Asbestos Case

Imerys SA, which supplies talc to Johnson & Johnson, isn’t taking chances as another jury weighs whether to sock the health-care giant with a punishing verdict. A unit of Imerys agreed to settle its part of a California woman’s lawsuit …

Purdue Includes Free Opioid Treatment Drugs in Settlement Offer

The company that created OxyContin is offering free doses of an opioid-abuse treatment as part of its offer to resolve more than 1,000 lawsuits accusing the drugmaker of helping fuel the opioid crisis, according to people familiar with the negotiations. …

State Farm Agrees to Pay $250 Million, Avoids Racketeering Trial

State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers …

Drug Firms Sue Illegal Web Sites for Opioid Crisis

Two pharmaceutical companies say the real culprits in the opioids epidemic are illegal dealers of the painkillers and want them to be on the hook financially for any damages potentially assessed against drugmakers. Endo International Plc and Mallinckrodt Plc sued …

Blue Bell Creameries’ Directors to Face Investor Claims Over Listeria Outbreak

Blue Bell Creameries’ directors must face claims that their mismanagement led to a 2015 listeria outbreak that forced the ice-cream maker to recall all its products and lose millions of dollars in sales. Investors raised legitimate points in a lawsuit …

Opioid Makers Endure Setback as Judge Lets New York Lawsuit Proceed

Purdue Pharma LP, Johnson & Johnson and other opioid makers faced one of the first extensive reviews of their legal defenses to claims they violated consumer-protection laws and created a public nuisance with the sale of the pain killers. They …