Articles by Jonathan Stempel

Appeals Court Reinstates Glaxo $235.5 Million Verdict Against Teva

A federal appeals court on Friday reinstated a 2017 jury verdict ordering Teva Pharmaceutical Industries Ltd. to pay GlaxoSmithKline Plc $235.5 million for selling a generic version of Glaxo’s heart drug Coreg. In a 2-1 decision, the U.S. Federal Circuit …

New York Charges Johnson & Johnson with Insurance Fraud Over Opioid Claims

New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the charges by New York’s Department of Financial …

Dunkin’ Donuts Parent Settles New York Cyber Attack Lawsuit, Agrees to Pay Fine

The parent of Dunkin’ Donuts on Tuesday agreed to upgrade its security protocols and pay $650,000 in fines and costs to settle a lawsuit by New York’s attorney general claiming it ignored cyber attacks that compromised the online accounts of …

Buffett’s Duracell Countersues Energizer, Alleging False Ads Over Battery Life Claims

Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc., sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that its Energizer MAX batteries last up to 50% longer than other alkaline batteries. The lawsuit follows Energizer …

Trump Labor Rule That Narrows ‘Joint Employer’ Standard Struck Down by Judge

A federal judge on Tuesday struck down a Trump administration rule that narrowed the definition of “joint employer,” and which the attorneys general of 17 states and Washington, D.C. said would eliminate important labor protections for workers. U.S. District Judge …

Judge Allows Palin Defamation Suit Against New York Times

A federal judge on Friday rejected the New York Times’ bid to dismiss Sarah Palin’s defamation lawsuit over a 2017 editorial she said falsely linked her to a mass shooting. U.S. District Judge Jed Rakoff in Manhattan said that while …

Judge Dismisses Shareholder Lawsuit Against Danske Bank and Officers

A U.S. judge on Monday dismissed a lawsuit accusing Denmark’s Danske Bank A/S and four former top executives of defrauding shareholders by hiding and failing to stop widespread money laundering at its former Estonian branch. U.S. District Judge Valerie Caproni …

Judge Agrees to Some VW Requests to Limit SEC Lawsuit Over Diesel Scandal

A U.S. judge on Thursday dismissed portions of a U.S. Securities and Exchange Commission lawsuit accusing Volkswagen AG of defrauding American investors in connection with the automaker’s diesel emissions scandal. U.S. District Judge Charles Breyer in San Francisco granted VW’s …

U.S. Charges Uber’s Ex-Security Chief With Deliberately Concealing 2016 Hacking

In an unprecedented case, a former chief security officer for Uber Technologies was criminally charged on Thursday with trying to cover up a 2016 hacking that exposed personal information of about 57 million of the ride-hailing company’s customers and drivers. …

Uber and Lyft Lose Bid to Delay California Driver Injunction

A California judge on Thursday refused to give Uber Technologies Inc. and Lyft Inc. more time to appeal his decision forcing them to classify drivers in that state as employees, which they have said would necessitate restructuring their businesses. At …