A judge in Oklahoma has signed off on the state’s $85 million settlement with Israeli-based Teva Pharmaceuticals following a squabble between the attorney general and the Legislature and governor over how the deal was structured. Cleveland County District Judge Thad Balkman said Monday he signed the agreement calling for the funds to be used to help abate the state’s opioid crisis. Kevin Stitt …
A U.S. judge will hear arguments on Thursday over whether to grant final approval to a $25 million settlement of fraud lawsuits against President Donald Trump over his Trump University real estate investment seminars, with at least one former student objecting to the deal. Sherri Simpson of Fort Lauderdale, Florida, who paid $19,000 to learn Trump’s investing …
Days before his inauguration, President Donald Trump agreed to a $25 million settlement for the class action lawsuits he faced over Trump University. While he didn’t admit wrongdoing, Trump agreed to the deal to put the matter behind him before taking office. Now, however, one former Trump U student may put the kibosh on the whole deal.
Last summer, The New York Times reported indications that automakers, rather than being the victims of Takata’s missteps, had pressed their suppliers to put cost before all else. That report focused on General Motors, which is not named in the Florida case, though plaintiff lawyers said they were preparing to take action against the company. Advertisement The defect has prompted the nation’s …
Jolyon Maugham doesn’t mind a tough fight. He was rejected from one of his first jobs after university for being a man, instead of a woman named Joleen that the employers thought the temp agency was sending. He filed a sex discrimination case and won. And now Maugham seems to be taking on the majority of Britons who voted to leave the European Union (EU). Along with some politicians, he has filed a case that could allow the UK parliament to reverse Brexit if they so wish. He now regularly gets online hate messages from what he calls “a small group of angry and loud individuals”—but that’s not going to stop him from the pursuit. …
We can all breathe a little easier. Or, more precisely, all you Canadian owners of Dieselgate-afflicted Volkswagen TDIs can breathe a sigh of relief. You’re not going to get screwed.
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.
The Genworth campus off West Broad Street near Glenside Drive. (Michael Schwartz) A local Fortune 500 company’s deal to be acquired and taken private by a Chinese conglomerate has caught the ire of at least one disgruntled investor. The members of the board of directors of Henrico-based insurance giant Genworth Financial were sued last week in Richmond federal court by shareholder Harold …
Netflix is looking to strike down a $1.5 billion lawsuit from Relativity Media claiming breach of contract and libel, saying the embattled production company only wants to blame the streaming giant for its failure. The lawsuit from Relativity, on which TheWrap reported exclusively in October , said Netflix acted in “bad faith” over an output deal that paid millions to Ryan Kavanaugh’s company …
Former Red Sox pitcher Curt Schilling and others agreed to a $2.5 million settlement to end their part of a lawsuit brought over Rhode Island’s disastrous $75 million deal with 38 Studios, his failed video game company. If approved by the judge overseeing the lawsuit, the agreement filed Monday with four 38 Studios officials brings an …