Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal
(Reuters) – Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal that surfaced in 2016. FILE…
Four found guilty in insider trading case linked to U.S. health agency
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday of charges stemming from what prosecutors have described as an…
Johnson & Johnson wins appeal to overturn $151 million hip implant verdict
(Reuters) – Johnson & Johnson on Wednesday secured a favorable U.S. appellate court ruling, overturning a verdict that had awarded $151 million to five people who blamed injuries they suffered…
AT&T subsidiary DirecTV asks to be dropped from antitrust case
WASHINGTON (Reuters) – DirecTV, the biggest U.S. pay TV company and a subsidiary of AT&T, asked a federal court on Tuesday to drop it from the lawsuit that the government…
South Dakota e-commerce sale tax fight reaches U.S. Supreme Court
WASHINGTON (Reuters) – A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state online retailers to collect sales taxes in a fight between…
Arkansas sues opioid manufacturers for roles in epidemic
(Reuters) – Arkansas’ attorney general on Thursday joined the widening mass of litigation against opioid manufacturers, accusing three drugmakers of promoting addictive painkillers in ways that falsely denied or trivialized…
Starbucks coffee in California must have cancer warning, judge says
(Reuters) – Starbucks Corp (SBUX.O) and other coffee sellers must put a cancer warning on coffee sold in California, a Los Angeles judge has ruled, possibly exposing the companies to…
Starbucks must put cancer warning on California coffee: judge
(Reuters) – Starbucks Corp (SBUX.O) and other coffee companies must put a cancer warning label on coffee products sold in California, a Los Angeles judge ruled. FILE PHOTO – A…
Impax reaches $20 million deal to end trial over generic drug’s delay
BOSTON (Reuters) – Impax Laboratories Inc has agreed to pay $20 million to consumers and insurers to resolve claims that the drugmaker entered an anticompetitive deal to delay launching a…
Google defeats lawsuit claiming YouTube censors conservatives
(Reuters) – Google has won the dismissal of a lawsuit in California accusing YouTube of censoring conservative content. The YouTube app logo is seen on a smartphone in this picture…