Articles by Tom Korosec and Kartikay Mehrotra

Effect of Judge Ruling Affordable Care Act Unconstitutional Delayed for Appeal

Obamacare was struck down by a Texas federal judge in a ruling that casts uncertainty on insurance coverage for millions of U.S. residents, drawing sharp condemnation from some medical professionals and a vow for action by top Democrats. President Donald …

Exxon Loses Bid to Nix Investors’ Suit Over Climate Change Disclosure

Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company’s shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change. U.S. District Judge Ed Kinkeade on Tuesday denied Exxon’s …

JPMorgan Reaches Confidential Settlement Over Reduced $8 Billion Jury Award

How much JPMorgan Chase & Co. will pay to make an $8 billion jury award go away may never be publicly known — but it almost certainly won’t be more than $90 million. The bank this week reached a confidential …

Insurance Agent Juror Says Giant $8 Billion Award Was Message to JPMorgan

Irelsie Alvarez said she and fellow jurors wanted to send JPMorgan Chase & Co. a message with their startling $8 billion verdict in a Dallas probate case — an award that’s destined to be reduced to no more than $90 …

Court Orders J&J to Pay $247 Million, Another Big Loss Over Hip Implant Product

Johnson & Johnson was ordered to pay $247 million to half a dozen patients who claimed the company hid defects in its Pinnacle artificial hips, its third big-dollar loss over the products. Officials of the company’s DePuy unit, which makes …

J&J Hit with $1 Billion Verdict in Hip Implant Product Liability Case

Johnson & Johnson was ordered by a Texas jury to pay more than $1 billion to patients who claimed the company hid flaws in its Pinnacle artificial hips that had to be surgically removed, in J&J’s second loss linked to …

Exxon Adds New York to Suit in Bid to Stop Climate Change Probe

Exxon Mobil Corp. sued New York Attorney General Eric Schneiderman to stop his investigation into what the company knew about climate change. The oil giant on Thursday revised a lawsuit it filed in June against Massachusetts Attorney General Maura Healey. …

Dallas Jury Orders Johnson & Johnson to Pay $500M in Hip Implants Case

Johnson & Johnson was ordered to pay $502 million to a group of patients who accused the company of hiding flaws in its Pinnacle artificial hips that caused the devices to prematurely fail and left them facing surgeries and pain, …

Armstrong Settles with Dallas Insurer Over Tour de France Bonuses

Lance Armstrong settled a cycling promotion court fight on confidential terms but still has a lawsuit over a U.S. Postal Service sponsorship to contend with. Armstrong settled two related lawsuits with SCA Promotions Inc. over claims the former champion cyclist’s …

Boy Scouts Sue AIG Unit in Dallas Court Over Sex Abuse Settlements

A unit of American International Group Inc. was sued by the Boy Scouts of America over claims it refused to provide insurance coverage for settlements of child sex-abuse cases from 1975 to 1980. The scouting organization alleges that National Union …