Latest Corporate legal affairs News

3M halting some work at Decatur for environmental reasons

Sep. 20, 2019 8:44 AM EDT

DECATUR, Ala. (AP) — A company that's facing lawsuits and public scrutiny over pollution from a north Alabama plant says it's suspending some manufacturing work because of environmental reasons. A statement issued by 3M Co. says it is temporarily halting some operations at its factory in Decatur, but no...

Who are the Sacklers, the family behind maker of OxyContin?

Sep. 19, 2019 10:28 PM EDT

For a family with its name on a wing of one of the world's most famous museums and a school at a prestigious university, members of the Sackler clan have done a remarkable job of vanishing from public life. The family owns OxyContin maker Purdue Pharma, which filed for bankruptcy this week as part of an effort to...

Injured crewman sues boat owner for fiery disaster at sea

Sep. 19, 2019 10:18 PM EDT

LOS ANGELES (AP) — A crewman injured while escaping the fire that killed 34 people aboard a dive boat off Southern California sued the vessel's owner and the company that chartered it. Ryan Sims filed the lawsuit last week in Ventura County Superior Court saying the boat was unseaworthy and operated in an...

Labor pick will seek ethics advice on brokers conflict rule

Sep. 19, 2019 5:10 PM EDT

WASHINGTON (AP) — President Donald Trump's pick for Labor secretary sought to quell concerns among Democrats that he's too close to the corporate world, telling lawmakers Thursday that if confirmed he'll ask ethics officials if he can participate in the crafting of a conflict of interest rule for...

Blue Cross North Carolina CEO charged with drunken driving

Sep. 19, 2019 4:46 PM EDT

ASHEBORO, N.C. (AP) — The chief executive of North Carolina's largest insurer will retain his job despite a drunken driving arrest earlier this summer. Blue Cross Blue Shield of North Carolina issued a statement Thursday saying that its president and CEO, Patrick Conway, was in a car accident in June....

North Carolina man charged with defrauding Connecticut firm

Sep. 19, 2019 3:08 PM EDT

HARTFORD, Conn. (AP) — A North Carolina man is accused of defrauding a Connecticut company out of more than $350,000 through a charity matching gift program. Steven Strange is charged with using his company's matching gift program by submitting fraudulent records of donations to a charity he created, from...

Japan court: TEPCO execs not guilty in Fukushima disaster

Sep. 19, 2019 10:11 AM EDT

TOKYO (AP) — A Japanese court ruled Thursday that three former executives of Tokyo Electric Power Company were not guilty of professional negligence in the 2011 disaster at the Fukushima nuclear power plant because ensuring absolute safety at nuclear plants was not a government requirement at that time....

Ex-compounding pharmacy CEO sentenced in drug-potency case

Sep. 19, 2019 6:31 AM EDT

INDIANAPOLIS (AP) — A former central Indiana compounding pharmacy executive who was convicted of federal charges stemming from drug-potency problems has been sentenced to almost three years behind bars. The Indianapolis Star reports 68-year-old Paul J. Elmer wept Wednesday at his sentencing hearing for...

Purdue Pharma asks judge to stop lawsuits against Sacklers

Sep. 18, 2019 8:58 PM EDT

OxyContin maker Purdue Pharma on Wednesday asked a bankruptcy court judge to halt all lawsuits against the company and its former directors, including members of the Sackler family, which owns the company. The request is a standard ask for a company that's filed for bankruptcy , as Purdue did this week in an...

The Latest: Union protesters arrested at Tennessee GM plant

Sep. 18, 2019 6:36 PM EDT

DETROIT (AP) — The Latest on the United Auto Workers union's strike that has crippled U.S. production at General Motors (all times local): 5:15 p.m. A United Auto Workers official says about seven to nine union picketers were arrested for blocking a roadway at a General Motors plant in Tennessee. Local UAW...