Articles by Jonathan Stempel

J&J Agrees to Resolve Talc Investigations in 42 States

Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by U.S. states into whether it misled consumers about the safety of its talc products, which thousands of lawsuits claim can cause cancer. The deal …

Sam Bankman-Fried Will Not Face a Second Trial

U.S. prosecutors said they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange. In a letter filed on Friday night in federal court …

Google Settles $5 Billion Consumer Privacy Lawsuit

Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing privately. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, put a scheduled Feb. …

Alibaba Must Face Lawsuit Over Counterfeit Squishmallows

A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children’s toy Squishmallows on its online platforms. U.S. District Judge Jesse Furman in Manhattan said …

Texas Attorney General Sues Pfizer Over COVID-19 Vaccine Efficacy

Pfizer has been sued by Texas Attorney General Ken Paxton, who on Thursday accused the drugmaker of misrepresenting the efficacy of its widely-used COVID-19 vaccine. In a complaint filed in a Lubbock County state court, Paxton said it was misleading …

Jewish Groups Sue UC Berkeley Over ‘Unchecked’ Antisemitism

The University of California, Berkeley was sued on Tuesday by Jewish groups who said it has become a hotbed of “unchecked” antisemitism, including at its elite law school. According to a complaint by the nonprofit Louis D. Brandeis Center, UC …

Citigroup Managing Director Sues Over Sexual Harassment

Citigroup was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats. Ardith Lindsey said the New York-based bank, her employer since 2007, downplayed her complaints …

SEC Sues SolarWinds for Concealing Risks Before Massive Hack

The U.S. Securities and Exchange Commission on October 30 sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC lawsuit in …

Hyundai, Kia Must Face Insurers’ Lawsuits Over Vehicle Thefts

A U.S. judge rejected bids by Hyundai and Kia to dismiss litigation by several hundred insurers seeking to recoup more than $1 billion they claim to owe drivers whose vehicles were stolen or damaged in a social media-inspired theft spree. …

Manhattan Real Estate Brokerages Sued for Inflating Commissions

A lawsuit filed on Monday accuses the Real Estate Board of New York (REBNY) and more than two dozen brokerages and companies of conspiring to artificially inflate commissions paid to agents who help sell residential real estate in Manhattan. The …