liability News

Texas Attorney General Sues Insulin Makers and Pharmacy Middlemen Over High Costs

The Texas attorney general has sued leading insulin manufacturers and pharmacy benefit managers (PBMs), accusing them of collaborating to inflate the cost of insulin. Texas Attorney General Ken Paxton’s office said on Thursday it had sued insulin makers Eli Lilly, …

Ex-Citi Asia Desk Trader Settles Case After Unfair Dismissal Win

Citigroup Inc. settled an employment suit with an ex-trader after judges ruled he was unfairly dismissed by the bank over claims he was scapegoated for the lender’s decade-long regulatory failures in executing stock trades for clients in Asia. Ian Weir, …

Maui Fire Caused by Broken Power Lines, County and US Find

The fire that razed the historic Maui town of Lahaina last year was caused when Hawaiian Electric Industries Inc. re-energized broken utility lines that caused sparks to ignite unmaintained dry vegetation, the Maui Fire Department said. The blaze was a …

Employer, Workers’ Comp Insurer, Survivor Join Baltimore Bridge Collapse Litigation

The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse of Baltimore’s Key Bridge, along with its workers’ compensation carrier, have filed claims against the owner and operator of the …

Global Insurers Fight London Court Battle Over Jets ‘Lost’ in Russia

Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on Wednesday. Mark Howard, …

FanDuel Sued by Convicted NFL Executive Over Gambling Habit

FanDuel Inc. was sued by a former Jacksonville Jaguars executive who admitted to stealing more than $22 million from the team, but says the website knew he was an addicted gambler and offered him more than $1 million in credits …

NTSB Chair Blasts FAA Over Response to Boeing 737 Rudder Issue

The head of the U.S. National Transportation Safety Board criticized U.S. aviation regulators for “downplaying the urgency” of addressing a possible rudder malfunction on some Boeing Co. 737 aircraft in an unusually public rebuke. Faulty parts that could cause the …

Bristol Myers Beats $6.4 Billion Lawsuit Over Delayed Cancer Drug

Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for the cancer drug Breyanzi and two other drugs developed by Celgene. U.S. District Judge Jesse Furman …

Abbott, Reckitt Face Trial Over Premature Baby Formula Amid Alarm From Doctors

A Missouri mother and her lawyers this week will aim to convince a jury that Abbott, Reckitt’s Mead Johnson and St. Louis Children’s Hospital are responsible for a severe intestinal illness that she says her premature son got from the …

Aspen’s Orseck Explains the Growing Impact of PFAS [Video]

As research has evolved on the effects of per- and polyfluoroalkyl substances (PFAS), correlations are being made to medical conditions within people exposed—and that’s about everyone to some degree. “We’re ingesting this stuff for years and years, to the point …