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...
Facebook to Pay $550M to Settle Biometric Privacy Violation Claims January 30, 2020 By Andrew G. Simpson In what the plaintiffs’ lawyers are calling the largest cash settlement ever resolving a privacy related lawsuit, Facebook has agreed...
Where Purdue Pharma-Sackler Legal Maters Stand Now January 30, 2020 By Tom Hals and Mike Spector OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a...
With Premiums Up Due to Accidents, Chemical, Refinery Plants Cut Back on Insurance January 30, 2020 By Laura Sanicola U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the...
ProSight Expands Into Captive Market; Founder Beneducci Resigns to Form Agency January 30, 2020 ProSight Global, Inc. (PROS) is expanding its insurance portfolio into the captive insurance market as part of a what it...
Climate-Friendly Battery Boom Presents Growing Fire Safety Challenge January 29, 2020 By David R. Baker and Mark Chediak The explosion ruptured the dusk settling over the desert in Surprise, Arizona. For hours, smoke had poured from a metal...
Opioid Victims Can Now File Injury Claims in Purdue Pharma Bankruptcy Case January 29, 2020 By Geoff Mulvihill State and local governments have been leading the legal fight against the opioid industry, seeking payouts to help them deal...
Opioid Kickback Probe Cites OxyContin Maker Purdue Pharma: Reuters January 29, 2020 By Mike Spector and Tom Hals OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Key House Member Eyes Internet Liability Changes Before Election January 29, 2020 By Ben Brody and Rebecca Kern Representative Jan Schakowsky has asked her staff to examine changes to a liability shield that protects tech platforms such as...