liability News

Drugmaker Endo Reaches $465M Bankruptcy Settlement With US

Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal government’s law enforcement, tax, and healthcare cost claims, the U.S. Department of Justice said on Thursday. The settlement removes Endo’s largest obstacle to completing its plan …

Billions Awarded in Indian Brothers’ LA Real Estate Feud

An obscure 21-year legal feud involving five brothers from India who’ve amassed a fortune in diamonds and Los Angeles real estate burst into public view this week with a multibillion-dollar US verdict that may be among the largest of the …

Justice Department Looking Into Boeing Door Plug Blowout

The US Justice Department is scrutinizing the midair blowout last month of a Boeing Co. door plug on an Alaska Air flight, in a move that could expose the company to criminal prosecution, according to a person familiar with the …

Over 44,400 Lives Lost Due to US Vehicle Crashes in 2023

There were about 44,450 motor vehicle fatalities in the United States in 2023—down from 2022 but still very high—according to a preliminary analysis released by the National Safety Council (NSC). Fatalities were down 4% from 2022 but still up 13.6% …

Family Dollar to Pay $41M Fine Over Rodent-Infested Distribution Center

Family Dollar will pay $41.7 million for holding food, drugs, medical devices, and cosmetics under insanitary conditions at company’s West Memphis, Arkansas, distribution center. A criminal information charged Family Dollar with one misdemeanor count of causing FDA-regulated products to become …

Jury Finds Former NRA Chief LaPierre Misspent Gun Group’s Funds, Owes $4.4M

The longtime head of the National Rifle Association, Wayne LaPierre, misspent millions of dollars of the organization’s money, using the funds to pay for an extravagant lifestyle that included exotic getaways and trips on private planes and superyachts, a New …

Uber Sues Drivers’ Insurer Alleging Its Claims Practices Have Fueled Tort Litigation

Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to hold Uber vicariously liable for accidents involving some of its drivers in New York. Uber’s complaint cites 23 lawsuits that …

US Universities Settle Financial-Aid Antitrust Lawsuit For $166 Mln

Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored wealthy student applicants, pushing total settlements in a federal antitrust lawsuit over college financial aid practices to $284 million. Lawyers …

Uber Sues Insurer for Refusing to Cover NYC Drivers in Crashes

Uber Technologies Inc. sued an auto liability insurer for what it says is a consistent pattern of failing to honor coverage for New York City ride-share drivers who get into accidents. American Transit Insurance Co.’s “unreasonable practices” handling claims has …

US Seeks More Than $1 Billion From Collapsed SVB for Taxes

The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed by Silicon Valley Bank, the regional lender that failed last year. The federal tax agency claims the California-based lender owes both corporate …