Latest Corporate legal affairs News

Drug distributor shares spike on word of opioid settlement

Oct. 16, 2019 11:17 AM EDT

Shares of big drug distributors soared Wednesday on word of a potential settlement ahead of the first federal trial over the opioid crisis. Two people with knowledge of the negotiations, which have lasted months, confirmed to The Associated Press that McKesson Corp., AmerisourceBergen Corp., and Cardinal Health,...

Jury selection begins in opioid trial despite delay request

Oct. 16, 2019 10:30 AM EDT

CLEVELAND (AP) — Jury selection began Wednesday in the first federal trial over the opioid epidemic despite a last-minute request from lawyers to delay it because of news reports on a settlement offer. Two Ohio counties claim drug companies that made, distributed and sold prescription painkillers engaged...

The Latest: Jury selection begins in landmark opioid trial

Oct. 16, 2019 10:28 AM EDT

CLEVELAND (AP) — The Latest on jury selection in the first federal trial on the opioid crisis (all times local): 10:30 a.m. Jury selection has begun in a landmark opioid trial in Cleveland after a judge brushed aside last-minute requests to delay the case. Multiple defendants had asked for the start of the...

German security services want more powers to fight extremism

Oct. 15, 2019 8:51 AM EDT

BERLIN (AP) — Germany's security services said Tuesday they're seeking greater powers to fight the kind of far-right extremism behind last week's synagogue attack, including requiring internet companies to report illegal hate speech to police. A 27-year-old German man previously unknown to police confessed...

Former White House adviser objected to ambassador's ouster

Oct. 14, 2019 10:55 PM EDT

WASHINGTON (AP) — Fiona Hill, a former White House adviser on Russia, told House impeachment investigators behind closed doors Monday that she had strongly and repeatedly objected to the ouster earlier this year of former ambassador to Ukraine Marie Yovanovitch, according to a person familiar with the...

Correction: Opioid Crisis-Purdue story

Oct. 14, 2019 4:55 PM EDT

WHITE PLAINS, N.Y. (AP) — In a story Oct. 11 about Purdue Pharma's bankruptcy case, The Associated Press reported erroneously the first name of the judge handling the case. It is Robert Drain, not Roberts Drain. A corrected version of the story is below: Judge will halt lawsuits against Purdue Pharma, its...

Ambassador to testify no quid pro quo assurance was Trump's

Oct. 13, 2019 5:47 PM EDT

WASHINGTON (AP) — A U.S. ambassador is expected to tell Congress that his text message reassuring another envoy that there was no quid pro quo in their interactions with Ukraine was based solely on what President Donald Trump told him, according to a person familiar with his coming testimony in the...

Illinois state senator quits powerful panel amid FBI probe

Oct. 11, 2019 6:21 PM EDT

SPRINGFIELD, Ill. (AP) — An Illinois state senator under federal investigation for possible bribery and fraud involving state construction work resigned Friday as head of the powerful Senate Transportation Committee, hours after the chamber released an unredacted search warrant revealing more details about...

The Latest: Lawsuits paused against Purdue Pharma, Sacklers

Oct. 11, 2019 5:54 PM EDT

The Latest on the Purdue Pharma's bankruptcy case (all times local): 5:50 p.m. A judge has agreed to pause lawsuits against Purdue Pharma and the OxyContin maker's owners until next month with the intention of stopping suits longer so a settlement can be worked out to nearly 2,600 suits against the company. U.S....

The Latest: Pritzker board member resigns amid senator probe

Oct. 11, 2019 4:29 PM EDT

SPRINGFIELD, Ill. (AP) — The Latest on a federal investigation into Illinois state Sen. Martin Sandoval (all times local): 3:30 p.m. An appointee of Illinois Democratic Gov. J.B. Pritzker has stepped down from the Illinois Tollway board after he was mentioned as part of a federal investigation into a state...