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Lawsuits

Johnson & Johnson is earmarking nearly USD 9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability. Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history. The USD 8.9 billion that J&J would transfer to the subsidiary, LTL Management, would be payable over the next 25 years. The amount is up from the USD 2 billion that the New Brunswick, New Jersey, company set aside in October 2021. The revised amount is being backed by more than 60,000 parties that have filed lawsuits alleging harm from J&J talcum powder, according to the company. J&J isn't admitting any wrongdoing as part of the proposed settlement, a point that company executive emphasised in a Tuesday statement

Updated On: 05 Apr 2023 | 11:26 PM IST

World's one of the richest men pays $1 billion to his ex-wife after she left him for a woman in a civil lawsuit settled privately

Updated On: 30 Mar 2023 | 1:57 PM IST

Former President Donald Trump filed a lawsuit Monday against journalist Bob Woodward, claiming he never had permission to publicly release interview recordings made for the book Rage. The lawsuit was filed in federal court in Pensacola, Florida, against Woodward, his publisher Simon & Schuster Inc., and the publisher's parent company Paramount Global. Trump's attorneys are seeking nearly USD 50 million in damages. Simon & Schuster and Woodward released a joint response saying Trump's lawsuit is without merit, and they will aggressively defend against it. All these interviews were on the record and recorded with President Trump's knowledge and agreement, the statement said. Moreover, it is in the public interest to have this historical record in Trump's own words. We are confident that the facts and the law are in our favour. The lawsuit claims that Trump consented to being recorded for a series of interviews between December 2019 and August 2020, but only for a book Woodward ..

Updated On: 31 Jan 2023 | 9:12 AM IST

Hindenburg Research stands by its report on Adani, will seek disclosures in US court proceedings

Updated On: 26 Jan 2023 | 11:19 PM IST

More landlords are taking Twitter to court over unpaid rent at the social media company's headquarters in San Francisco and its British offices the latest legal headaches for billionaire owner Elon Musk, who has been trying to slash expenses. Twitter is facing a lawsuit over allegations it failed to pay rent for its head office, according to California court documents. The owner of its premises in central London, meanwhile, said it's taking the company to court over rental debt. Musk is making extreme cost cuts after his USD 44 billion deal last year to buy Twitter left the company on the hook for about USD 1 billion a year in interest payments. Twitter has already been taken to court this month for falling behind on rent at another San Francisco office. It comes as Musk has been testifying in recent days in a separate class-action lawsuit from Tesla investors alleging his 2017 tweet misled them about funding to take the electric carmaker private. The Tesla CEO's cost-cutting ...

Updated On: 24 Jan 2023 | 7:09 PM IST

The US Supreme Court has declined to block a WhatsApp lawsuit that alleged that Israeli spyware maker NSO Group unlawfully accessed WhatsApp servers when installing Pegasus on users' devices

Updated On: 10 Jan 2023 | 11:53 AM IST

Google will pay Indiana USD 20 million to resolve the state's lawsuit against the technology giant over allegedly deceptive location tracking practices, state Attorney General Todd Rokita announced. Rokitas filed a separate lawsuit against Google when negotiations between the company and a coalition of state attorneys general stalled, he said. Those states agreed to a USD 391.5 million settlement with the company in November. As a result of the separate lawsuit, Indiana received about twice as much money as it would have under the deal with the 40 states in the coalition, Rokita said in his announcement Thursday. This settlement is another manifestation of our steadfast commitment to protect Hoosiers from Big Tech's intrusive schemes, Rokita said. States began investigating after a 2018 Associated Press story that found that Google continued to track people's location data even after they opted out of such tracking by disabling a feature the company called location history. Google

Updated On: 31 Dec 2022 | 10:34 AM IST

Filed by a handful of workers, the suit alleges Twitter failed to give the required 60 to 90 days notice about the mass layoffs and is shortchanging the former employees on severance pay

Updated On: 15 Dec 2022 | 8:20 AM IST

They should avoid professional indemnity policies with sub-limits or high deductible

Updated On: 05 Dec 2022 | 11:15 PM IST

The consumers claim Google inflates Android app prices by taking, with some exceptions, a 30% cut of sales on Google Play

Updated On: 29 Nov 2022 | 8:13 AM IST

Actor sought order against book publishers, T-shirt vendors, mobile apps associating themselves with TV quiz show KBC

Updated On: 25 Nov 2022 | 7:01 PM IST

One of the two law firms suing Freshworks is urging investors who have incurred losses of $100,000 to join the litigation, asserting that the company has violated federal security laws

Updated On: 04 Nov 2022 | 6:56 PM IST

This resolves thousands of US state, local and tribal govt lawsuits accusing them of mishandling opioid painkillers

Updated On: 02 Nov 2022 | 11:26 PM IST

Amazon is facing a USD 1 billion class action lawsuit in the U.K. over allegations it uses an algorithm to favour its own products and those of third-party sellers who use its storage and delivery services. The litigation is being spearheaded by the law firm Hausfeld & Co LLP, which said in a news release that anyone who lives in the U.K. and made purchases on Amazon since October 2016 is eligible to be a claimant. The suit is expected to be filed at the Competition Appeal Tribunal in London by the end of October. The lawsuit will focus primarily on Amazon's Buy Box feature, a coveted spot that makes items more visible to shoppers and thereby lead to more sales for merchants listed there. The box features a product from a single seller, though many more might offer the same item. In the news release, the law firm detailed it will allege many users wrongly assume the buy box offers them the best deals, but Amazon uses a secretive algorithm to feature its own products or those sold .

Updated On: 20 Oct 2022 | 11:02 PM IST

Elon Musk said banks are working to finance his $44 billion deal for Twitter Inc and asked a judge to halt the social media company's lawsuit, which Twitter swiftly rejected

Updated On: 07 Oct 2022 | 6:55 AM IST

The Mexican government plans to bring another lawsuit against US companies it claims are responsible for the flow of illegal weapons into Mexico, Foreign Affairs Secretary Marcelo Ebrard said Wednesday. Ebrard suggested the new lawsuit could target gun shops or dealers in US border states like Arizona who sell guns to straw purchasers who pass them on to smugglers, who then take the weapons into Mexico. Ebrard said about 60% of the weapons seized in Mexico in recent years were believed to have been sold in 10 US counties, mostly along the border. Mexico has very strict restrictions on weapon possession, but drug cartel violence has cost hundreds of thousands of lives in the country in recent years. Mexico is going to file the second lawsuit in Arizona, and we are going to show that many of these outlets where they sell these products in these counties I mentioned, are dealing with straw purchasers, and criminal charges have to be brought, Ebrard said in an appearance before the ...

Updated On: 06 Oct 2022 | 7:49 AM IST

Meta (formerly Facebook) has settled a lawsuit for "significant sum" against two companies that were engaged in data scraping operations on its platforms

Updated On: 04 Oct 2022 | 12:41 PM IST

US Former President Donald J Trump on Monday (local time) sued CNN, accusing the network of engaging in a smear campaign against him ahead of the 2024 presidential elections

Updated On: 04 Oct 2022 | 8:19 AM IST

Apple has brought back the "Report a Problem" button on the App Store

Updated On: 02 Sep 2022 | 1:26 PM IST

The system can be falsely detecting an object on the road or anticipating a collision that won't actually happen and apply the brake to try to avoid it

Updated On: 31 Aug 2022 | 12:19 PM IST