West Virginia’s cities and counties reached a $400 million settlement on Monday with drug distributors McKesson Corp., AmerisourceBergen Corp., and Cardinal Health Inc., resolving the local governments’ allegations that the three companies fueled an opioid crisis in the state. More than 100 local governments had sued the drug distributors, alleging they recklessly oversupplied West Virginia…
West Virginia Cities Reach $400 Million Opioid Distributor Settlement
Lawsuit Settlement by Law Firm, Engineers to Pay Surfside Victims $55.55 Million
March 9, 2022
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By Nicholas Nehamas From Miami Herald MIAMI—Three major defendants in the Champlain Towers South collapse class-action lawsuit have agreed to settle with victims for a total of $55.55 million, all paid by their insurance firms, according to a court filing. The law firm Becker, which represented Champlain South’s condo association before the deadly June 24…
Purdue Pharma, US States Agree to New Opioid Settlement
Purdue Pharma reached a nationwide settlement Thursday over its role in the opioid crisis, with the Sackler family members who own the company boosting their cash contribution to as much as $6 billion in a deal intended to staunch a flood of lawsuits facing the maker of OxyContin. The deal follows an earlier settlement that…
Purdue’s Sackler Owners Propose up to $6 Billion Opioid Settlement
The Sackler family owners of Purdue Pharma LP have proposed a new and larger settlement worth up to $6 billion to resolve allegations that the OxyContin maker and its owners contributed to the deadly U.S. opioid epidemic, a mediator’s report showed on Friday. The mediator, U.S. Bankruptcy Judge Shelley Chapman, has been overseeing talks between…
Noom Diet App Reaches $62 Million Settlement Over Automatic Subscription Renewals
February 15, 2022
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NEW YORK—Noom Inc. reached a $62 million settlement of a lawsuit accusing the weight loss app provider of tricking customers into signing up for “risk-free” trial periods only to force them into automatic, costly renewals that were difficult to cancel. The preliminary settlement filed on Friday night in Manhattan federal court calls for Noom to…
Meta to Pay $90 Million to Settle Facebook Privacy Lawsuit Over Tracking
Meta, Facebook’s parent company, has agreed to a $90 million settlement over a decade-old lawsuit which accused the social media platform of tracking users’ internet activity through browser plug-ins, even after they logged out of their accounts. A judge must now approve the settlement between Meta and the plaintiffs which was filed on Monday night…
Volkswagen Agrees to $3.5 Million Diesel Emissions Settlement With Ohio
January 21, 2022
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WASHINGTON—Volkswagen AG agreed to a $3.5 million settlement with Ohio over claims the German automaker violated state laws by manipulating vehicle computer software in its vehicles to mask carbon dioxide emissions, the state attorney general said. In November, the U.S. Supreme Court rejected Volkswagen’s bid to avoid lawsuits filed by officials in three states including…
How Navient’s $1.7 Billion Student Loan Cancellation Impacts You
One of the largest U.S. student loan collection companies will be canceling hundreds of thousands of loans and paying restitution to a number of borrowers as part of a $1.85-billion settlement announced last week. Navient Corp has agreed to a settlement agreement in a lawsuit brought by several state attorneys general that the company’s predecessor Sally Mae…
Drugmaker Endo Signs $65 Million Opioid Settlement With Florida
January 18, 2022
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Drugmaker Endo International plc said on Tuesday it had agreed to pay up to $65 million to resolve claims by the state of Florida and local governments that the drugmaker helped fuel the U.S. opioid epidemic. The deal is the latest in a string of settlements that Endo has struck in recent months to resolve…
Government Contractors Settle After Providing China-Made Containers
January 9, 2022
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Even the U.S. federal government sometimes has trouble buying American products. The Department of Defense contracted for its agencies to buy American-made materials or materials manufactured in specified allied countries, such as South Korea. But now, through a settlement, two companies will jointly pay $904,000 to the federal government to resolve allegations that they provided…
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