A federal appeals court had signed off on a deal that would shield members of the wealthy Sackler family from lawsuits in exchange for billions for those harmed by the opioid epidemic.
Category: Compensation for Damages (Law)
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Fate of Billions for Opioid Victims From Sacklers Rests With Supreme Court
The court will decide whether Purdue’s owners can gain permanent immunity from future opioid lawsuits in exchange for payments up to $6 billion.
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The Strange $55 Million Saga of a Netflix Series You’ll Never See
After suitors flocked to a sci-fi project by Carl Rinsch, director of a single movie, the winner handed over money and control. They’re still fighting.
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Judge Approves JPMorgan’s $290 Million Settlement With Epstein Victims
The nation’s largest bank was sued for ignoring red flags about Jeffrey Epstein’s sex-trafficking operation while he was a client.
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Citigroup Discriminated Against Armenian-Americans, Regulator Says
The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its credit cards.
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Pennsylvania Woman Is Awarded $7.1 Million in Damages From Conagra
The parent company of Pam and other well known brands was sued after a can of cooking spray exploded, causing second degree burns on a woman’s upper body, including her face and arms.
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TransUnion Failed to Quickly Place or Remove Freezes on Credit Reports
The Consumer Financial Protection Bureau accused the credit bureau, one of three major credit reporting agencies, of “lying to consumers.”
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Federal Lawsuit Accuses Tesla of Racial Discrimination
The Equal Employment Opportunity Commission filed a lawsuit accusing the carmaker of mistreating Black employees at its factory in California.
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JPMorgan Settles Epstein Suits With U.S. Virgin Islands and James Staley
The bank agreed to pay $75 million to settle with the U.S. Virgin Islands and also reached a confidential settlement with a former top banker who pushed to keep the disgraced financier as a client.
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SoftBank Needs a Hit, and It’s Betting on Arm
Softbank’s chief executive, Masayoshi Son, believes the chip design company he bought in 2016 is poised to reap the fruits of the A.I. revolution.
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Kroger Agrees to Pay $1.2 Billion to Settle Opioid Claims
The grocery chain, which did not admit wrongdoing, is the latest company accused of helping to fuel the opioid crisis to announce a settlement.
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CPAP Maker Agrees to $479 Million Settlement Over Defects
The manufacturer, Philips Respironics, said it would compensate users of CPAP machines and other flawed devices that were recalled after they blew bits of foam into consumers’ mouths and lungs.