Articles by Erik Larson

Former Executive Sues MetLife Alleging Gender Bias; Insurer Denies Claims

A former MetLife Inc. executive claims she suffered years of gender-based pay discrimination and harassment from members of the insurer’s top leadership team and that she was fired after complaining about a lack of diversity. Mona Moazzaz, a former chief …

How Exxon’s Climate Change Trial Ended Up Being About Numbers

Climate change protesters outside a Manhattan courthouse this week expressed overwhelming support for New York’s landmark securities fraud lawsuit against Exxon Mobil, even if they weren’t entirely sure what the case was actually about. Several participants at a rally on …

Bankruptcy Judge Grants Purdue Pharma Time Out from Government Opioid Litigation

Purdue Pharma LP and its billionaire owners won a temporary reprieve from nearly 2,700 opioid lawsuits, giving the bankrupt drugmaker time to clinch a deal that would atone for its role in America’s addiction epidemic. U.S. Bankruptcy Judge Robert D. …

New York AG Tells Court Opioid Crisis Damage ‘Dwarfs’ Drugmakers’ Resources

The public cost of coping with the opioid crisis in the U.S. “dwarfs” the combined resources of the companies sued for allegedly causing the epidemic, including OxyContin maker Purdue Pharma LP, a lawyer for New York State told a judge. …

Massachusetts, New York Signal Purdue Faces Stiff Court Fight

The attorneys general of Massachusetts and New York gave Purdue Pharma LP a preview of the opposition it’s facing in bankruptcy court as the embattled maker of the OxyContin painkiller seeks approval of a roughly $10 billion settlement stemming from …

States Split Over Purdue’s $12 Billion Opioid Epidemic Settlement Plan

Purdue Pharma LP, maker of the highly addictive Oxycontin painkiller, is pitting state against state with its offer of about $12 billion to resolve the company’s liability for the massive public-health crisis tied to opioid abuse that’s swept the U.S. …

States Take Aim at SEC’s New Broker-Dealer Adviser Rule

New York and a half dozen other states accused the Securities and Exchange Commission of botching a final regulation intended to protect broker-dealer customers from conflicts of interest under the landmark Dodd-Frank Act passed nearly a decade ago. The new …

Purdue-Linked Entities Get Subpoenas from New York State

New York state sent out dozens of subpoenas to entities linked to Purdue Pharma LP and its billionaire owners, the Sackler family, seeking documents that may show the movement of millions of dollars in profit from sales of the highly …

Edison International to Face Trial Over Woolsey Wildfire Claim in April

The first trial to determine if Edison International’s Southern California utility is liable for damages from the Woolsey wildfire that tore through Malibu last year will begin on April 27, a judge said. California Superior Court Judge William Highberger set …

Prosecutors Allege Capital One Suspect Hacked 30 Other Companies

The Seattle woman accused of hacking into Capital One Financial Corp.’s cloud and stealing personal information on more than 100 million Americans also broke into servers of more than 30 other companies, the U.S. said in a request to keep …