Potentially ‘Massive’ Litigation Over Recalled Philips Sleep Apnea Devices Advances October 12, 2021 By Jef Feeley Royal Philips NV will face more than 100 U.S. lawsuits gathered in a Pennsylvania court over its recall of more...
Drug Industry Faces First High-Stakes Opioid Jury Trial June 29, 2021 By Jef Feeley Jurors on New York’s Long Island are set to determine whether a group of opioid makers and drug distributors created...
J&J Reports $263M Resolution of N.Y. Opioid Lawsuits Before Trial June 28, 2021 By Jef Feeley Johnson & Johnson said it agreed to pay $263 million to resolve opioid lawsuits filed in New York, settling the...
Investor Suit Alleges Chemours Directors Misled About Firm’s Financials, Liabilities March 1, 2021 By Jef Feeley Chemours Co.’s directors were accused in a lawsuit of duping shareholders about its financial health and the extent of its...
Investors Eye Windfall From Denied COVID-19 Insurance Claims February 12, 2021 By Jef Feeley and Lucca de Paoli A growing market niche where investors profit from others’ legal troubles is getting a boost from Covid. Distressed-investing funds and...
First Coronavirus Business Interruption Trial Gets Underway December 17, 2020 By Jef Feeley and Katherine Chiglinsky The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to...
Insurers Winning Most, But Not All, COVID-19 Business Interruption Lawsuits November 30, 2020 By Jef Feeley and Katherine Chiglinsky In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen...
Cigna’s CEO and Board Sued for ‘Black-Ops-Style’ Tactics to Kill Merger with Anthem November 24, 2020 By Michael Leonard and Jef Feeley Cigna Corp.’s chief executive officer and board used “black-ops-style” tactics in a covert campaign to “blow up” a $48 billion...
In Anthem-Cigna Failed Merger ‘Soap Opera,’ Judge Hands Damages to Neither August 31, 2020 By Christopher Yasiejko and Jef Feeley A Delaware judge rebuffed efforts by both Cigna Corp. and Anthem Inc. to collect billions over their failed merger, saying...
McDonald’s Alleges Ex-CEO Duped Directors, Seeks to Claw Back $37 Million Severance August 31, 2020 By Jef Feeley McDonald’s Corp. told a judge that ex-CEO Steve Easterbrook lied about four alleged sexual relationships with subordinates to dupe directors...