Billion

DuPont to Pay $670 Million to Settle C8 Lawsuits

Lawrence Moody said he is satisfied that he and 3,550 other people are finally getting justice. “You just can’t do that to people,” the Washington County man said after DuPont and its spinoff company Chemours agreed to pay nearly $671 million to Mid-Ohio Valley people affected by a chemical used to make Teflon that causes cancer and a host of other health problems. The settlement was announced …


Facebook Hit With More Than $500 Million in Damages in Oculus Lawsuit

Presenting a reality that’s probably not quite as virtual as they might possibly like, Facebook and its Oculus subsidiary have been hit with more than $500 million in damages in a lawsuit. According to Variety, a judge has ordered the companies to pay the damages to video game publisher ZeniMax Media, who successfully argued that Oculus executives broke their non-disclosure agreements with the …


People Can Still Sue Tobacco Companies Over Health

The proposed $49 billion acquisition by British American Tobacco PLC (NYSEMKT: BTI) of the 58% of Reynolds American Inc. (NYSE: RAI) that it does not already own will, if approved, create the world’s largest publicly traded tobacco company by both revenue and market cap. It will also create the biggest target for more lawsuits related to the harmful effects of tobacco use. Last May, the family …


German Lawsuit Hopes to Follow US Lead on VW Class-Action Settlements

Volkswagen may see its recovery costs from the diesel car emissions scandal climb higher from a potential class-action lawsuit filed in Germany. German lawyers for U.S. law firm Hausfeld have filed the suit for one car owner that’s been designed to follow what’s worked in U.S. courtrooms, according to Jan-Eike Andresen of legal-tech website My-Right.de. The legal portal is supporting these …


Syngenta Class Action Lawsuit Moving Forward

A class-action lawsuit against Syngenta regarding rejected exports is likely to head to trial next year, as scheduled. Online publication Agri-Pulse reports the 10th Circuit Court of Appeals declined to review a lower court’s certification order, allowing the lawsuit to proceed. Syngenta called the appeals court ruling “one step in a long process.” Multiple classes of farmers within the lawsuit …


VW Dieselgate Lawyer to Defend Fiat Chrysler

A lead attorney involved in Volkswagen AG’s diesel emissions-cheating scandal and $14.7 billion settlement will defend Fiat Chrysler Automobiles NV against similar accusations. New York-based attorney Robert Giuffra Jr., a partner of …


Kentucky Teachers Plan to File Class-Action Suit Over Underfunding

Active and retired Kentucky public school teachers plan to file a class-action lawsuit Tuesday against Kentucky Gov. Matt Bevin and the Kentucky Legislature for allegedly illegally underfunding the $17.5 billion Kentucky Teachers’ Retirement System, Frankfort, said Randolph Wieck, one of the plaintiffs. The lawsuit, expected to be filed in Franklin Circuit Court in Frankfort, will allege that …


Toyota Pays Up $3.4 Billion in Class Action Settlement

Japanese carmaker, Toyota, has agreed to settle a US Federal class action for up to $3.4bn. It was brought by US owners of pickup trucks and SUVs whose claimed their frames could rust through. The proposed settlement covers 1.5 million Tacoma compact pickups, Tundra full-size pickups and Sequoia SUVs.


Lawyers Who Sued Volkswagen Over Emissions Want $175 Million

Lawyers who won the massive $10.03 billion class-action settlement from Volkswagen Group over software that cheated on emissions tests now want their own payday: $175 million. The extraordinary sum requires extraordinary justification, and lead plaintiffs’ counsel Elizabeth Cabraser hopes her firm’s motion (PDF) on the matter, filed late last night with the judge, will do the trick. “The aggregate fees and costs award… is the equivalent of less than 2 percent of the monetary benefit provided to the Class, far below the …


VW’s ‘Clean Diesel’ Settlement Prioritizes Attorneys’ Interests Over Harmed Consumers

In this Thursday, April 21, 2016, file photo, Joyce Ertel Hulbert, owner of a 2015 Volkswagen Golf TDI, holds a sign while interviewed outside the of the Phillip Burton Federal Building in San Francisco. A federal judge in San Francisco is facing a deadline on whether to approve a nearly 5 billion deal over Volkswagen’s emissions cheating scandal that gives most affected car owners the option …