damages News

Disney Settles Suit Over Women’s Pay for $43 Million

Walt Disney agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs’ lawyers said in a statement on Monday. As …

Samsung Ordered to Pay $118M for Infringing Netlist Patents

A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products. The verdict follows a $303 million …

Allianz Offers 5 Loss Trends to Watch on the Liability Front

As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and avoid the liabilities that light the fuse on multi-million-dollar court cases. Areas critical to watch include pharma class actions, the …

Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally

Gunmaker Sig Sauer Inc. was ordered by a Pennsylvania jury to pay $11 million to a customer who alleged defects in one of the company’s pistols led it to go off without him pulling the trigger. Jurors in state court …

Meta Must Face Investor Suit After Supreme Court Drops Case

The U.S. Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a multibillion-dollar lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica. Investors claim the company, then …

Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement

Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her tenancy. That third-party service included an …

Changing the Focus of Claims, Data When Talking About Nuclear Verdicts

The topic of nuclear verdicts took center stage at this year’s Target Markets Annual Summit in Scottsdale, Arizona, where a panel of carriers and reinsurers discussed rising settlement costs amidst an uncertain litigation environment. Panelists representing Lloyd’s, Markel, MunichRe and …

Family of Teen Killed in Shooting Sue Tuskegee University for Wrongful Death

The parents of an 18-year-old who was killed in a hail of gunfire at Tuskegee University filed a wrongful death lawsuit this week, saying the school failed to provide adequate security measures that could have prevented the fatal shooting. Tamika …

Colorado Department of Transportation Report Shows Decline in Dangerous Driving Habits

Highway safety officials in Colorado are seeing a slight decline in a number of dangerous driving practices, such as driving while intoxicated, failing to use seat belts and speeding. A poll by the Colorado Department of Transportation assessed the opinions …

Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law

A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and personal injury lawsuits backed by complicit lawyers and medical providers. …