A U.S. prosecutor portrayed Insys Therapeutics Inc. founder John Kapoor and other former executives as greedy and heartless during closing arguments in their racketeering trial over the promotion of the opioid painkiller Subsys. Kapoor and four other ex-Insys managers “exploited” …
The state of Oklahoma narrowed its case against drug makers including Johnson & Johnson, Teva Pharmaceutical Industries Ltd. and Allergan Plc, dropping fraud and other allegations while pressing ahead with a public-nuisance claim. The decision, revealed in a two-page court …
The billionaire family that owns opioid-maker Purdue Pharma LP has been accused by local governments in a new lawsuit of causing the nationwide public-health crisis involving pain-killing medicines that has left hundreds of thousands of Americans dead from overdoses. More …
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s officers and directors …
There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other billions for the deal’s failure. …
Johnson & Johnson, the world’s largest maker of health-care products, has agreed to settle the bulk of consumers’ lawsuits alleging it sold defective artificial hips and misled patients about their dangers, according to a lawyer for the plaintiffs. “The parties …
A bid by Goldman Sachs Group Inc. to settle a lawsuit over how much it pays directors was rejected by a judge who said that simply making changes in corporate governance didn’t provide enough benefit to the firm. The investment …
A lawsuit seeking to hold drugmakers and distributors responsible for a nationwide opioid epidemic should be allowed to move forward, a federal magistrate said in a preliminary ruling that may increase the likelihood of a settlement. Companies including Johnson & …
Jurors weighing claims that Johnson & Johnson’s iconic baby powder is laced with cancer-causing asbestos failed in a second case in two weeks to reach a verdict, resulting in another mistrial. The latest case was brought by a retired computer …
Johnson & Johnson’s latest trial over claims that its baby powder causes cancer ended in a stalemate when jurors couldn’t agree on a verdict. A state judge in Pasadena, California, declared a mistrial Monday after jurors deadlocked on Carolyn Weirick’s …
