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 …
Arathy S Nair DuPont and Chemours Co have agreed to pay $671 million in cash to settle thousands of lawsuits involving a leak of a toxic chemical used to make Teflon, the companies said on Monday. Shares of Chemours jumped 13 percent. The company said it would pay half of the settlement, although liability for litigation connected with the chemical was passed onto it when DuPont spun it off in …
Pomerantz LLP announces that a class action lawsuit has been filed against USANA Health Sciences, Inc. (“USANA” or the “Company”) (NYSE:USNA) and certain of its officers. The class action, filed in United States District Court, District of Utah, is on behalf of a class consisting of investors who purchased or otherwise acquired USANA securities, …
A federal jury in Seattle has ordered Zillow to pay $8.3 million after finding the Seattle company infringed on copyrights of VHT Inc. on its Zillow Digs website. The suit was filed in 2015 in federal district court in Seattle, and the jury verdict was delivered Thursday, Zillow said in a regulatory filing Friday. The company said it will ask the court to reverse some portions of the verdict …
Sears Holding Corp’s board of directors and chairman/CEO Eddie Lampert have agreed to a $40 million settlement of a shareholder lawsuit against Lampert himself, Reuters reports. The lawsuit, filed against Lampert, directors and the real estate investment trust (Seritage Growth Properties) that holds much of the struggling retailer’s most valuable real estate, claimed Lampert, whose …
The NYSE is bracing for a civil lawsuit from the SEC after a botched technology upgrade paralyzed the exchange for about four hours in July 2015. In an announcement on Tuesday, Intercontinental Exchange, the NYSE’s parent company, confirmed that it had received a Wells Notice that states the SEC’s intention to sue. Read more Intercontinental Partners received its Wells Notice on December 29, …
A former longtime Mead Johnson employee alleges the Glenview-based company fired her for raising safety concerns, including not telling consumers about potentially spoiled baby formula. Linda O’Risky, who spent more than 25 years at Mead Johnson, claims in a lawsuit filed today that the company attempted to “whitewash and downplay” the issue related to its popular ready-to-use infant formula. …
A partner in a large Washington law firm who had spent years prosecuting fraud cases was arrested and accused of trying to sell a copy of a sealed federal lawsuit to a Silicon Valley company targeted in the suit. Jeffrey A. Wertkin, 40, joined the Akin Gump law firm in the …
A lawsuit has been filed in a southern Illinois court against the company that managed the Illinois Lottery. The Belleville News Democrat reports that the lawsuit filed in St. Clair News-Democrat Northstar Lottery Group defrauded businesses that sold scratch-off tickets and the individuals who bought them. The lawsuit comes after a Chicago Tribune story that found that …
Toyota has made it clear it is not standing for the complaints that owners have filed against it. “We do not believe plaintiffs have put forth any credible allegations to the support the lawsuit,” Aaron Fowels, the company’s corporate communications manager, recently told the Northern California Record. 2017 Toyota Yaris | Coutesy of Toyota The company’s response came after some …