In a significant legal resolution, Mylan, now part of Viatris, and Pfizer, have agreed to pay $73.5 million to settle a class action lawsuit. The lawsuit, led by wholesalers such as KPH Healthcare and FWK Holdings, alleges that the companies inflated the prices of the EpiPen through anti-competitive practices.
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General Motors (GM), one of the largest automobile manufacturers in the world, is currently embroiled in legal turmoil after over 25 class action lawsuits were filed against the company. These lawsuits accuse GM and its subsidiary, OnStar, of selling sensitive driver data without adequate consent. Here's a comprehensive look into the events,...
Pedestrian accidents are a serious concern, especially when they occur at night outside designated crosswalk areas. Determining liability in such cases involves a complex analysis of various factors, including state laws, the actions of both the driver and the pedestrian, and the specific circumstances of the accident.
The Tyco International class action litigation represents one of the most significant corporate governance failures of the early 2000s, exposing systemic accounting fraud, executive larceny, and auditor complicity that collectively erased billions in shareholder value. Between 1999 and 2002, Tyco's CEO Dennis Kozlowski and CFO Mark Swartz...
Cendant Corporation, a conglomerate involved in various industries including travel, real estate, and marketing services, faced a major scandal in 1998 when it was revealed that the company had overstated its earnings by nearly $500 million. This revelation led to a significant drop in the company's stock price, causing substantial financial losses...
WorldCom, Inc., once the second-largest long-distance telephone company in the United States, filed for bankruptcy in July 2002 after revelations that it had overstated billions of dollars in earnings. The company admitted to booking billions in line cost expenses as capital investments, an accounting gimmick that hid expenses, inflated cash flow,...
Enron Corporation, once a titan in the energy sector, filed for bankruptcy in December 2001 after revelations of widespread accounting fraud came to light. The scandal unveiled that Enron's reported financial condition was sustained by an institutionalized, systematic, and creatively planned accounting fraud, known as the "Enron Scandal." This led...
Slip and fall incidents are among the most common causes of injuries, often resulting in severe consequences for victims. Understanding the common causes and learning how to prevent them can help you stay safe and avoid unnecessary harm. Here are some key factors that contribute to slip and fall accidents:
Determining whether a structured settlement quote is fair can be a complex process, but here are some key steps and considerations to help you make an informed decision:
Background: The Hair Relaxer Lawsuit has garnered significant attention due to allegations that certain hair relaxer products contain harmful chemicals linked to serious health issues, including hormone-related cancers and reproductive problems. Plaintiffs argue that manufacturers failed to warn consumers, particularly women of color, about the...