Indiana Attorney General Curtis Hill is among the 29 attorneys general across the country backing a proposed settlement with OxyContin maker Purdue Pharma, calling the agreement a “significant breakthrough in our important fight against the opioid crisis.”
Purdue Pharma may have just set the starting point for determining what it will cost dozens of pharmaceutical companies to resolve legal liability over their role in creating the U.S. opioid epidemic.
By Thursday, half of the nation’s state attorneys general said they would reject a tentative deal crafted by the other half, and many criticized the terms as grossly insufficient.
A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation’s opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months, with litigation sure to continue.
An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller’s maker, Monsanto Co.
The settlement with the U.S. Consumer Financial Protection Bureau and the Federal Trade Commission, as well as 48 states and the District of Columbia and Puerto Rico, would provide up to $425 million in monetary relief to consumers and a $100 million civil money penalty.
One of the biggest retailers of flooring products will pay to settle fraud charges by federal authorities who accused the company of falsely saying its Chinese-made laminate flooring met formaldehyde emissions standards.
The two settlements, announced Tuesday, cover allegations over improper billing.
A federal bankruptcy judge in Indianapolis has given final approval to a $600 million settlement that will affect about 750,000 former students of ITT Technical Institute
The deal also provides two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the biggest security breach in history.
An Indiana city that hosts an annual festival built around a popular Polish delicacy has reached a settlement in its trademark dispute with a newer festival in Pennsylvania.
The suit was filed by former employee of the city of Anderson who alleges she was unlawfully arrested and imprisoned while trying to deliver her mother’s absentee ballot.
St. Vincent Health has agreed to pay $15,000 to a former employee and increase worker training under a settlement with the Equal Employment Opportunity Commission.
Michigan State University says it has reached a settlement with hundreds of women and girls who say they were sexually assaulted by sports doctor Larry Nassar in the worst sex-abuse case in sports history.
A federal judge has put off deciding whether to approve the $115 million data-breach settlement and has appointed a special master to closely scrutinize the request for $38 million in attorney's fees.
Tony Stewart and the parents of Kevin Ward Jr. have agreed to settle a wrongful death lawsuit filed by the family against the former NASCAR champion for his role in the death of their son.
The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.
Employers across America paid a record amount in settlements for workplace violations last year, but that isn’t expected to be a trend.
Lumber Liquidators, which has three stores in the Indianapolis area, has agreed to resolve claims brought on behalf of people who bought laminate flooring reported to contain unsafe levels of formaldehyde.
Gov. Eric Holcomb on Thursday announced the creation of an 11-member committee that will help determine how to spend the money.