plaintiffs News

Travelers Sets Aside ‘Modest’ Funds for Child Sex-Abuse Claims

Travelers Companies Inc has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an earnings call on Thursday. Two analysts asked about Travelers’ …

Bayer Roundup Deal Is Close as Claims Surge, Mediator Says

Bayer AG may be only weeks away from settling more than 75,000 cancer claims over its Roundup weed-killer, after a surge in claims to almost double the number disclosed by the company in September, according to the court-appointed mediator in …

Bayer Roundup Deal Is Close as Claims Surge, Mediator Says

Bayer AG’s settlement of cancer lawsuits over its Roundup weed-killer may be only weeks away and is likely to cover more than 75,000 claims, almost double the number disclosed by the company in September, according to the court-appointed mediator in …

Boeing’s ‘Very Bad’ Internal Messages Boost Crash Victim Suits

Internal emails from Boeing Co. employees could strengthen the legal case for families claiming the company’s push to minimize the training needed for new 737 Max aircraft contributed to two crashes that killed 346 people. Employees bragged about fooling the …

McDonald’s Workers Sue Over ‘Daily Risk of Violence’ From Customers

Current and former workers from 13 Illinois restaurants are suing McDonald’s Corp. for failing to adequately protect employees from customers who become violent. “McDonald’s breach of duty was the in-fact and proximate cause of plaintiffs’ injuries,” according to the complaint, …

Drug Distributor Reckitt to Pay $700 Million Over Opioid Marketing

Drug distributor Reckitt Benckiser Group agreed to a $700 million settlement with six U.S. states over claims that the company improperly marketed and promoted the opioid-addiction treatment Suboxone. The marketing resulted in state Medicaid funds being improperly spent on the …

3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith

Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle. The new car was twice as expensive as the …

Author Says Lawyers, not Plaintiffs, the Real Winners in Class-Action Suits

Brooke Melton died on her 29th birthday. Her Chevy randomly shut off in the middle of the highway a little before 8 p.m., and she crashed into a creek in Atlanta. A couple hours later, her parents were notified by …

Harvard Invests in Litigation Strategy That Has Posted Big Gains

Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns. The strategy is run by IMF Bentham Ltd., a publicly traded company which last week finished raising $500 million for a …

SoCalGas Raises Estimated Cost of Aliso Canyon Gas Leak to $1.07 Billion

Southern California Gas Co raised the estimated cost of the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.071 billion as of March 31. That is up about …