Plaintiffs and the company vowed to renegotiate but the talks will be challenging after the court struck down a provision the Sacklers had insisted on in exchange for $6 billion.
Category: Justice Department
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Supreme Court Rejects Liability Shield at Center of Purdue Pharma Settlement
The liability shield would have protected members of the Sackler family from civil claims related to the opioid epidemic.
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U.S. Unveils Rules to Curb Investments in Chinese Technology
The Treasury Department unveiled rules to curb financing of Chinese semiconductors, quantum computers and artificial intelligence systems.
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Boeing Is Expected to Evade Criminal Charges for Violating Settlement
The Justice Department will require the aircraft manufacturer to install an independent federal monitor to oversee safety and quality issues.
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TikTok Lays Out Past Efforts to Address U.S. Concerns
The company said the disclosures support its argument that a law signed by President Biden in May is unconstitutional.
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U.A.W.’s Monitor Investigates Accusations Against Its Leader, Shawn Fain
The court-appointed monitor is looking into allegations by two union officials that they were punished for raising questions on financial matters.
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Law Enforcement Unit Formed to Crack Down on Illegal E-Cigarettes
Agents from various federal agencies will focus on unauthorized candy-flavored and nicotine-laden vapes that have flooded the U.S. market from overseas.
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Regulators Take on Nvidia, Microsoft and OpenAI
The Federal Trade Commission and Justice Department are set to proceed with investigations into the dominance of Nvidia, Microsoft and OpenAI.
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U.S. Clears Way for Antitrust Inquiries of Nvidia, Microsoft and OpenAI
The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
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Dollar Tree Explores Sale of Family Dollar
Family Dollar has struggled with its operations in recent years, and Dollar Tree said in March that it would close nearly 1,000 of the stores.
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FDA Panel Rejects Use of MDMA for Treatment of PTSD
An independent group of experts expressed concerns that the data from clinical trials did not outweigh risks for treatment of post-traumatic stress disorder.
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Boeing Tells F.A.A. Plan To Fix Safety Issues
The action plan is the latest in a series of moves by the F.A.A. to push for safety improvements throughout Boeing during a tumultuous year for the company.