Latest Corporate lawsuits News

Lawsuit seeks to remove Kentucky AG candidate from ballot

Sep. 17, 2019 6:16 PM EDT

LOUISVILLE, Ky. (AP) — A lawsuit is alleging the Republican nominee for Kentucky attorney general has not been a practicing attorney long enough to serve. The suit filed in Jefferson County Circuit Court by Joseph L. Jackson of Louisville asks that Republican Daniel Cameron's name be removed from the...

Texas oil company facing Idaho lawsuit files for bankruptcy

Sep. 17, 2019 5:52 PM EDT

BOISE, Idaho (AP) — A Texas company that made Idaho a natural gas and oil-producing state but is facing a federal lawsuit from disgruntled royalty recipients as well as an investigation by Idaho authorities has filed for bankruptcy protection. Alta Mesa Resources and associated companies filed for Chapter...

Colorado company sues IBM for development site contamination

Sep. 17, 2019 11:57 AM EDT

BOULDER, Colo. (AP) — A Colorado developing company has filed a lawsuit against a New York-based computer corporation for dumping toxic waste in a landfill decades ago. The Daily Camera reported Monday that Golden-based Stratus Redtail Ranch LLC filed a complaint against IBM and Woodward Inc. LLC for...

The Latest: First hearing set on Purdue bankruptcy

Sep. 16, 2019 9:29 PM EDT

The Latest on Purdue Pharmas bankruptcy filing (all times local): 4 p.m. A judge will need to decide whether lawsuits against members of the Sackler family that owns Purdue Pharma can go ahead with the company seeking bankruptcy protection. But at a hearing Tuesday in White Plains, New York, Judge Robert Drain is...

Judge tosses out lawsuit over law center's hate group labels

Sep. 16, 2019 6:21 PM EDT

COLLEGE PARK, Md. (AP) — A federal judge has thrown out a lawsuit that accused leaders of the Southern Poverty Law Center of trying to financially destroy one of the organizations that it has labeled as a hate group. The Center for Immigration Studies' lawsuit is devoid of any allegation that the law...

Can Purdue Pharma's opioid settlement win judge's approval?

Sep. 16, 2019 5:12 PM EDT

BOSTON (AP) — OxyContin maker Purdue Pharma has embarked on a multibillion-dollar plan to settle thousands of lawsuits over the nation's deadly opioid crisis by transforming itself in bankruptcy court into a sort of hybrid between a business and a charity. Whether the company can pull it off remains to be...

Purdue Pharma files for bankruptcy as part of settlement

Sep. 16, 2019 2:27 PM EDT

Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing was anticipated before and after the...

Volkswagen to pay up to $87 million in Australia for scandal

Sep. 16, 2019 3:42 AM EDT

CANBERRA, Australia (AP) — Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday. The settlement was announced in the Federal Court in Sydney by law...

Company that makes prescription painkiller OxyContin files for bankruptcy protection amid lawsuits over opioid crisis.

Sep. 15, 2019 11:20 PM EDT
WHITE PLAINS, N.Y. (AP) — Company that makes prescription painkiller OxyContin files for bankruptcy protection amid lawsuits over opioid crisis.

Judge throws out lawsuits alleging Chiquita funded massacres

Sep. 14, 2019 11:44 AM EDT

WEST PALM BEACH, Fla. (AP) — A federal judge has thrown out 10 lawsuits filed against banana giant Chiquita Brands International by Colombian families alleging the company funded a paramilitary that killed them. The Palm Beach Post reports that District Judge Kenneth Marra dismissed the lawsuits this...