Federal jurors in Chicago say the pharmaceutical company AbbVie should pay $150 million to an Oregon man for misrepresenting the risks of a low testosterone treatment. The Chicago Tribune reports that the jury arrived at the figure for punitive damages …
Chemtrusion Inc., a Houston-based manufacturing services company, will pay $145,000 and provide other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) and concerning the company’s plant in Jeffersonville, Ind. According to the …
A federal appeals court has ruled that NBC News did not defame an Oregon sporting goods company by characterizing its exploding rifle targets as “bombs” in a report on the “Today” show. The 2nd U.S. Circuit Court of Appeals in …
Chevron Corp. and state regulators have reached a settlement related to a 2012 fire at its Richmond refinery that will require the company to spend about $20 million on safety improvements, officials announced this week. The agreement requires Chevron to …
Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both companies’ board of directors voted unanimously to approve the deal, …
A Tennessee woman accused of stealing $3 million from a trucking company’s New Jersey facility has been sentenced. Fifty-five-year-old Tracey Perrigan, of Sparta, was sentenced to 33 months in prison Monday. Perrigan had previously pleaded guilty to wire fraud. Prosecutors …
The National Transportation Safety Board was scheduled to meet and detail a probe into a 2015 crash between a commuter train and an SUV that killed six people in the New York suburbs, a day after a U.S. official told …
A woman who was accused of intentionally drowning her fiance in the Hudson River by tampering with his kayak as part of a murderous plot to collect on his life insurance pleaded guilty on Monday to a lesser charge that …
UK regulators set out plans for ensuring senior staff of financial-services firms can be held to account for misconduct on their watch, extending rules already in place for banks to almost all firms. The Senior Managers and Certification Regime is …
Kemper Corp. reports that Kan Yuk “Andy” Lau has joined the company as senior vice president and chief data and analytics officer, a new role in the company. Lau will report directly to Joseph P. Lacher Jr., president and chief …
