Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated.
Category: Compensation for Damages (Law)
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The Hot New Market in Crypto? Trading FTX’s Carcass.
Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated.
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Monsanto Should Pay $857 Million in PCB Case, Jury Finds
Students and parent volunteers from a school in Washington State said in a lawsuit that they had become sick after being exposed to chemicals known as PCBs that had dripped from light fixtures.
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Years After Monsanto Deal, Bayer’s Roundup Bills Keep Piling Up
Juries recently awarded plaintiffs more than $2 billion in damages tied to Roundup, the weedkiller that has been linked to cancer. Bayer is fighting back.
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What to Know About the Purdue Pharma Case Before the Supreme Court
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.
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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.