Corporate lawsuits

October 03, 2019 - 5:26 pm
WHITE PLAINS, N.Y. (AP) — OxyContin maker Purdue Pharma should be prohibited from giving $38 million in employee payouts as it goes through bankruptcy, attorneys general from 24 states said in a court filing Thursday. Purdue has said it needs to make bonus payments to keep employees and maintain...
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In this Sept. 26, 2019, photo, cars pass Rockefeller University in New York. Prestigious universities around the world, including Rockefeller, have accepted at least $60 million over the past five years from the family that owns the maker of OxyContin, even as the company became embroiled in lawsuits related to the opioid epidemic, financial records show. Rockefeller accepted more money from the Sacklers than any other school in recent history. (AP Photo/Mark Lennihan)
October 03, 2019 - 9:55 am
BOSTON (AP) — Prestigious universities around the world have accepted at least $60 million over the past five years from the family that owns the maker of OxyContin, even as the company became embroiled in lawsuits related to the opioid epidemic, financial records show. Some of the donations...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
September 27, 2019 - 1:54 pm
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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FILE - In this Sept. 2, 2019, file photo, provided by the Ventura County Fire Department, VCFD firefighters respond to a boat fire off the coast of southern California. A crewman injured in the fire that killed 34 people aboard a dive boat off Southern California has sued the boat owner and the company that chartered the vessel. Ryan Sims filed the lawsuit last week in Ventura County Superior Court saying the Conception dive boat was unseaworthy and operated in an unsafe manner. (Ventura County Fire Department via AP, File)
September 19, 2019 - 10:18 pm
LOS ANGELES (AP) — A crewman injured while escaping the fire that killed 34 people aboard a dive boat off Southern California sued the vessel's owner and the company that chartered it. Ryan Sims filed the lawsuit last week in Ventura County Superior Court saying the boat was unseaworthy and...
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Display cars are parked at a Volkswagen dealership in Sydney, Monday, Sept. 16, 2019. Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday. (AP Photo/Rick Rycroft)
September 16, 2019 - 3:41 am
CANBERRA, Australia (AP) — Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday. The settlement was announced in the Federal Court in Sydney...
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FILE - In this April 2, 2018, file photo, a pharmacist in San Francisco poses for photos holding a bottle of OxyContin. In court papers filed in New York on Sunday, Sept. 15, 2019, Purdue Pharma, the drug's manufacturer, flied for Chapter 11 bankruptcy protection. (AP Photo/Jeff Chiu, File)
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September 15, 2019 - 11:46 pm
Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing was anticipated before...
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FILE - In this Friday, Aug. 17, 2018, file photo, Christine Gagnon of Southington, Conn., protests with other family and friends who have lost loved ones to OxyContin and opioid overdoses at Purdue Pharma LLP headquarters in Stamford, Conn. Gagnon lost her son Michael 13 months earlier. OxyContin maker Purdue Pharma is expected to file for bankruptcy after settlement talks over the nation’s deadly overdose crisis hit an impasse, attorneys general involved in the talks said Saturday, Sept. 7, 2019, in a message to their counterparts across the country. (AP Photo/Jessica Hill, File)
September 08, 2019 - 9:49 am
State and local governments have sought billions of dollars from Purdue Pharma as a way to hold the company and the family that owns it accountable for the nation's opioid epidemic, a potential payout that is now clouded in uncertainty after state attorneys general said settlement talks had broken...
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August 30, 2019 - 9:19 pm
SALEM, Ore. (AP) — The Sackler family siphoned $11 billion from Purdue Pharma L.P., the Oxycontin maker the family owns and which is facing numerous lawsuits, in an attempt to evade "catastrophic liability," Oregon's attorney general said Friday. That amount is higher than some of the numbers other...
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FILE - This Feb. 19, 2013 file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. State attorneys general and lawyers representing local governments said Tuesday, Aug. 27, 2019, they are in active negotiations with Purdue Pharma, maker of the prescription painkiller OxyContin, as they attempt to reach a landmark settlement over the nation's opioid crisis. (AP Photo/Toby Talbot, File)
August 28, 2019 - 4:24 am
COLUMBUS, Ohio (AP) — State attorneys general and lawyers representing local governments said Tuesday they are in active settlement talks with Purdue Pharma, the maker of the prescription painkiller OxyContin that is facing billions of dollars in potential liability for its role in the nation's...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for Spain-based Air Europa rolls toward takeoff before a test flight at Boeing Field in Seattle. A Russian aircraft leasing company that ordered 35 Boeing Max jets is suing the U.S. aircraft maker, accusing it of hiding defects in the plane that has been grounded after two deadly crashes. The Miami-based lawyer for the leasing company said Tuesday, Aug. 27, it is the first lawsuit filed against Boeing by a Max customer. (AP Photo/Ted S. Warren, File)
August 27, 2019 - 5:05 pm
MOSCOW (AP) — A Russian aircraft leasing company that ordered 35 Boeing Max jets is suing the U.S. aircraft maker and seeking to cancel the deal, accusing Boeing of hiding defects in the plane that was grounded after two deadly crashes. The Miami-based lawyer for the leasing company said Tuesday it...
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