Bank of America pays $42 million fine in New York ‘masking’ probe
NEW YORK (Reuters) – Bank of America Corp (BAC.N) will pay a $42 million fine and admitted wrongdoing to settle claims by New York’s attorney general that it fraudulently routed…
Abbott’s Alere resolves U.S. diagnostic device probe for $33.2 million
BOSTON (Reuters) – Alere Inc has agreed to pay $33.2 million to resolve claims it knowingly sold unreliable diagnostic testing devices to hospitals prior to its acquisition by Abbott Laboratories…
U.S. court to weigh Republican challenge to Pennsylvania voter redistricting
HARRISBURG, Pa. (Reuters) – A panel of federal judges on Friday will weigh Republicans’ latest attempt to block new Pennsylvania district boundaries for voters in congressional elections that could boost…
Rhode Island doctor in Insys opioid kickback probe faces sentencing
(Reuters) – A Rhode Island doctor is to be sentenced on Friday after admitting that he took kickbacks from Insys Therapeutics Inc in exchange for prescribing a fentanyl-based cancer pain…
U.S. judge says opioid settlement roadblocks may prompt trials
(Reuters) – A federal judge pushing for a settlement in lawsuits by state and local governments against drug companies over their roles in the U.S. opioid epidemic said on Wednesday…
Wynn Resorts to pay $2.6 billion to settle lawsuit with Japan’s Universal
(Reuters) – Wynn Resorts Ltd (WYNN.O) has agreed to pay $2.6 billion to settle a lawsuit brought by Japan’s Universal Entertainment Corp (6425.T) and its U.S. unit, ending a six-year…