Litigation, mainly under state and federal statutes, focused most often on breach of warranty and failure to warn.
By P.J. D'Annunzio | May 24, 2017
Johnson & Johnson subsidiary McNeil PPC has agreed to pay 42 states a total of $33 million to settle claims that it distributed contaminated over-the-counter drugs and unlawfully promoted those products.
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By P.J. D'Annunzio | May 24, 2017
Pennsylvania is set to receive $1.4 million from a $33 million settlement between Johnson & Johnson subsidiary McNeil-PPC and 42 states over claims that the company distributed contaminated over-the-counter drugs and unlawfully promoted those products.
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By C. Ryan Barber | May 24, 2017
The D.C. Circuit's en banc argument in PHH v. CFPB was one of the hottest tickets in Washington on Wednesday. Here are some highlights from the 90-minute hearing over the constitutionality of the single-director structure at the President Barack Obama-era agency long in the crosshairs of Republicans and criticized by business advocates and financial companies.
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By C. Ryan Barber | May 23, 2017
From the day it was born out of the Dodd-Frank reforms, the Consumer Financial Protection Bureau has faced questions over the constitutionality of its independent, single-director structure. On Wednesday, the U.S. Court of Appeals for the D.C. Circuit will take a step toward providing an answer, as a full panel of 11 judges will hear arguments in the mortgage provider PHH Corp.'s appeal of a $109 million penalty. Here are seven things to know.
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By Marcia Coyle | May 23, 2017
A lawsuit challenging the Trump administration's order that agencies eliminate two existing regulations for each new one will go forward despite the U.S. Justice Department's effort to end it quickly on procedural grounds.
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By P.J. D'Annunzio | May 23, 2017
Target agrees to pay more than $18 milliion nationally for the loss of customer information in a large-scale 2013 data breach.
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By Robert Storace | May 17, 2017
The prescription drug company denied allegations that it falsely billed Medicaid and Medicare while agreeing to the settlement.
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By Mike Scarcella | May 17, 2017
A senior U.S. national bank inspector punished in the aftermath of the Wells Fargo sham-accounts scandal sued federal banking regulators on Tuesday for information about their investigation of him. The examiner, Bradley Linskens, who joined the U.S. Office of the Comptroller of the Currency in 1993, filed the public-records lawsuit in Washington federal district court.
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By Max Mitchell | May 16, 2017
Philadelphia has sued Wells Fargo, alleging the bank violated the Fair Housing Act by targeting minority borrowers with high-risk and high-interest loans. The lawsuit is the first that a city has lodged against a financial institution since a recent U.S. Supreme Court ruling established that municipalities have standing to sue banks over allegedly discriminatory lending practices.
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By C. Ryan Barber | May 12, 2017
Anthem Inc. is dropping its bid to acquire rival health insurer Cigna Corp., and the company's stepping up the conflict in refusing to pay a $1.85 billion breakup fee. Uber Technologies and San Francisco tax authorities are fighting over public access to driver names and addresses—the latest confrontation between the ride-hailing company and regulators. And the clock expired on a Republican-led bid, through the Congressional Review Act, to void the Consumer Financial Protection Bureau's prepaid card rule. This is a roundup of regulatory action.
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