liability News

TikTok Sued by 13 States and DC, Accused of Harming Younger Users

TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social media platform of harming and failing to protect young people. The lawsuits filed separately in New York, California, the District …

JPMorgan Client Who Lost $50 Million Fortune Amid Dementia Is Denied Trial

A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking to recoup his fortune from the bank. A federal judge in Boston threw out a lawsuit filed by Peter Doelger, …

Utilities’ Extreme Plan to Stop Wildfires: Shut Off the Power

A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning off the power. Electric companies serving about 24 million homes and businesses across the fire-prone US West now have plans …

Smith & Wesson Gets Supreme Court Review on Mexico Gun Suit

The U.S. Supreme Court will consider tossing out a Mexican government lawsuit accusing Smith & Wesson Brands Inc. and other gunmakers of facilitating firearm sales to people connected to the country’s violent drug cartels. In a case that could bolster …

Becton Dickinson Hernia-Mesh Settlements Will Exceed $1 Billion

Becton Dickinson & Co. will pay more than $1 billion to resolve more than 38,000 lawsuits alleging medical patients suffered damaged organs from surgical mesh improperly used to treat hernias, according to people familiar with the deal who weren’t authorized …

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, …