A group of settlement trusts created to handle claims against manufacturers of cancer-causing asbestos want the Delaware Supreme Court to intervene mid-case in a dispute over data retention.
DMC Global Inc. investors have dropped their lawsuit alleging the manufacturing company’s board and top executives caused a $142 million goodwill impairment charge tied to weak decking and railing sales.
Sedgwick Claims Management Services Inc. will pay $3 million to settle a proposed class action challenging its decision to charge tobacco-using employees an extra $1,300 per year for health-care coverage.
Twist Bioscience Corp. and two executives reached a nearly $17.1 million settlement to resolve allegations they misled investors about the company’s synthetic DNA quality and automated manufacturing.
Requiring workers challenging their 401(k) investment options to identify a “meaningful benchmark” in their complaints creates perverse incentives for retirement plan fiduciaries, multiple groups argued in a series of US Supreme Court briefs.
A consumer dropped his proposed class action alleging that VGC Group LP, a provider of laser vision-correction services, shared his personal information with
Mass tort litigation is thriving, fueled by aggressive digital advertising and litigation finance. These high-stakes cases promise huge paydays for lawyers and funders, transforming mass torts into a lucrative industry.
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas:
