By Greg Land | August 15, 2018
Judge Ed Kinkeade wrote that the plaintiffs sufficiently supported their allegations that Exxon Mobil and then-CEO Rex Tillerson misrepresented the value of the company's gas and oil reserves to keep its stock prices high prior to a $12 billion bond issue in 2016.
Daily Business Review | Commentary
By Justin Parafinczuk and Marcus Susen | August 15, 2018
The Essure contraceptive was marketed as a way to give women highly reliable birth control and millions of women trusted the product to give them peace of mind. When the product failed, leading to pain, suffering, surgeries, even reports of deaths, addressing its failure and delivering resolution to those affected would require more than mass tort litigation.
By Amanda Bronstad | August 15, 2018
Pennsylvania's statute of limitations would drastically limit suits stemming from the priest abuse scandal unless the legislature acts. In other class action and mass tort news, Monsanto reels from a giant verdict and Johnson & Johnson has new ammo in its talc defense.
By Andrew Denney | August 14, 2018
A federal judge has preserved claims in a proposed class action filed against the New York City government and the embattled New York City Housing Authority for allegedly failing to inspect for and remove lead paint from public housing and declined to let the city off the hook as a defendant in the case.
By Michael Booth | August 14, 2018
The lawsuit alleges that the restaurant owners engaged in what the servers called a "tax," in which the owners took up to 4 percent of the servers' tips at the end of each shift.
By Lidia Dinkova | August 13, 2018
RelatedISG International Realty is accused of sending unsolicited text messages promoting its services and listings.
By Jenna Greene | August 13, 2018
In an explosive lawsuit, a Southern California firm is accused of bribing cash-strapped 20-somethings to serve as lead plaintiffs and submit false testimony.
By Raychel Lean | August 13, 2018
The U.S. Judicial Panel on Multidistrict Litigation approved the transfer, linking the cases to others involving defective Takata air bags, against the wishes of four plaintiffs who'd brought California product-liability suits against Toyota.
By Charles Toutant | August 10, 2018
Pinnacle, headquartered in Parsippany, announced on June 27 that Chicago-based Conagra would acquire it in a $10.9 billion cash and stock transaction.
By Mike Scarcella | August 10, 2018
Yes, like many judges, U.S. District Judge Emmet Sullivan in D.C. has been outraged before by U.S. government action. Here are three other moments when he found himself troubled.
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