Latest Corporate legal affairs News

Insys Therapeutics founder John Kapoor, center, departs federal court Thursday, Jan. 23, 2020, in Boston, after he was sentenced to 5 1/2 years in prison for orchestrating a bribery and kickback scheme prosecutors said helped fuel the opioid crisis. He was found guilty the previous May of racketeering and conspiracy in a scheme where millions of dollars in bribes were paid to doctors across the United States to prescribe the company's highly addictive oral fentanyl spray, known as Subsys. (AP Photo/Charles Krupa)

Ex-pharmaceutical exec gets 5 1/2 years for pushing opioid

Jan. 23, 2020 8:22 PM EST

BOSTON (AP) — The founder of an Arizona pharmaceutical company was ordered to spend 5 1/2 years in prison Thursday for orchestrating a bribery and kickback scheme prosecutors said helped fuel the opioid crisis. John Kapoor, 76, the former chairman of Insys Therapeutics, was sentenced in Boston's federal...

Missouri doctor indicted in alleged fentanyl fraud scheme

Jan. 23, 2020 8:10 PM EST

SPRINGFIELD, Mo. (AP) — A federal grand jury on Thursday indicted a southwest Missouri physician accused of receiving tens of thousands of dollars in kickbacks for prescribing fentanyl spray to hundreds of patients in a $2.4 million medical fraud scheme. Randall D. Halley, 63, of Nixa, was charged in a...

Meng Wanzhou, chief financial officer of Huawei, leaves her home to go to B.C. Supreme Court in Vancouver, Thursday, January, 23, 2020. Wanzhou is in court for hearings over an American request to extradite the executive of the Chinese telecom giant Huawei on fraud charges. (Jonathan Hayward/The Canadian Press via AP)

First stage of extradition hearing for top Huawei exec ends

Jan. 23, 2020 4:55 PM EST

VANCOUVER, British Columbia (AP) — A Canadian judge said Thursday she will announce her decision at a later date after ending the first phase of an extradition hearing that will decide whether a top executive of Chinese tech giant Huawei is sent to the United States. This week's hearings dealt with the...

Cristen Giangarra speaks to reporters on Thursday, Jan. 23, 2020, about the night in June that she says she was raped by a Lyft driver in St. Louis. Attorney Michael Gallagher is at center. (Robert Cohen/St. Louis Post-Dispatch via AP)

Alleged rape victim names Lyft, St. Louis driver in lawsuit

Jan. 23, 2020 3:43 PM EST

ST. LOUIS (AP) — A woman who says she was raped by a Lyft driver in St. Louis has filed a lawsuit accusing the ride-sharing company of prioritizing profits over passenger safety. Cristen Giangarra's lawsuit, filed Wednesday, is the latest of several filed by women across the country who have claimed they...

FILE - In this Sept. 20, 2016, file photo, Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the Senate Banking Committee. Federal regulators have slapped former Wells Fargo Chief Executive Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal. (AP Photo/Susan Walsh, File)

Former Wells Fargo CEO fined $17.5M for sales scandal

Jan. 23, 2020 2:59 PM EST

NEW YORK (AP) — Federal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal. Stumpf also accepted a lifetime ban from the banking industry. Along with its fine against Stumpf, the Office of the Comptroller of...

Insys Therapeutics founder John Kapoor arrives for sentencing at federal court on Thursday, Jan. 23, 2020, in Boston. Kapoor was convicted in a bribery and kickback scheme that prosecutors said helped fuel the opioid crisis. He and others in the company were accused of paying millions of dollars in bribes to doctors across the nation to prescribe the company's highly addictive fentanyl spray, known as Subsys. (AP Photo/Charles Krupa)

Ex-pharmaceutical exec to be sentenced for pushing opioid

Jan. 23, 2020 2:05 PM EST

BOSTON (AP) — The founder of an Arizona pharmaceutical company arrived at federal court in Boston on Thursday to be sentenced for orchestrating a bribery and kickback scheme that prosecutors said helped fuel the opioid crisis. John Kapoor, the 76-year-old former chairman of Insys Therapeutics, was found...

Ex-pharma CEO gets over 2 years in prison for bribery scheme

Jan. 22, 2020 8:01 PM EST

BOSTON (AP) — The former head of a drug company was sentenced Wednesday to two and a half years in federal prison in a bribery and kickbacks scheme that prosecutors say helped fuel the opioid crisis. Michael Babich, a Scottsdale, Arizona, resident who was CEO of Insys Therapeutics, was sentenced Wednesday...

FILE - In this March 11, 2019 file photo, the Trump International Hotel is seen in Washington. District of Columbia Attorney General is suing President Donald Trump's inaugural committee and two companies that control the Trump International Hotel in D.C., accusing the groups of abusing nonprofit funds to benefit Trump's family.  (AP Photo/Mark Tenally)

DC claims inaugural committee spending enriched Trump family

Jan. 22, 2020 6:19 PM EST

WASHINGTON (AP) — Donald Trump’s inaugural committee spent more than $1 million to book a ballroom at the Trump International Hotel in the nation's capital as part of a scheme to “grossly overpay” for party space and enrich the president's own family in the process, according to a...

FILE - In this July 20, 2017 file photo, former NFL football star O.J. Simpson appears via video for his parole hearing at the Lovelock Correctional Center in Lovelock, Nev.  A Las Vegas Strip hotel-casino is denying that Simpson was defamed when employees banned him from the property in November 2017 and a celebrity news site reported the paroled former football hero had been drunk, disruptive and unruly. In recent court filings, the Cosmopolitan of Las Vegas rejects Simpson’s argument that his reputation was damaged by unnamed hotel staff member accounts cited in a TMZ report saying he was prohibited from returning after visits to a steakhouse and cocktail lounge. (Jason Bean/The Reno Gazette-Journal via AP, Pool)

Vegas casino says O.J. Simpson too tarnished to defame

Jan. 22, 2020 3:37 PM EST

LAS VEGAS (AP) — O.J. Simpson couldn’t have been defamed by accounts that he was drunk and disruptive before being banned from a Las Vegas Strip hotel-casino, because his reputation was already tarnished, attorneys for the property told a judge. The Cosmopolitan of Las Vegas cited the former...

Court: GEICO must pay injured Kansas man for care from wife

Jan. 22, 2020 1:47 PM EST

WICHITA, Kan. (AP) — An insurance company must reimburse a Kansas man for the personal care his wife provided after he was injured in an automobile accident, the state Supreme Court ruled in rejecting that spouses are required to provide such support without compensation. The decision handed down Tuesday...