The company was accused of making false statements regarding the safety of one of its drugs, leading investors to purchase stocks they otherwise would not have.
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Indiana’s pharmacy regulators reluctantly approved the disciplinary settlement over what they describe as one of the largest known drug theft cases in state history.
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The manufacturer has faced complaints for years for withholding the software needed for repairs and forcing customers to use authorized dealers.
University President Geoffrey Mearns said he authorized the payout because it was “substantially less” than the expected cost to defend the case.
The suit is the first of many brought by hundreds of districts seeking compensation for costs they say they incurred dealing with harms to children’s mental health from social media addiction.
Democrats and government watchdogs immediately pledged to fight what they called a “corrupt” and unprecedented resolution.
The settlement, which also involves several retailers, comes nearly two years after a complaint accused Elanco of monopolizing the market in violation of the federal Sherman Act and state antitrust lawsuits.
The IRS had assessed more than 120 million penalties against tens of millions of taxpayers for filing late returns, failing to pay taxes or failing to make required estimated tax payments between January 2020 and July 11, 2023.
The lawsuit, filed on behalf of U.S. consumers, alleged that Apple deceived consumers with a marketing campaign that promoted AI features that did not yet exist and misled them into buying the devices.
More than 1,500 property owners who filed a federal lawsuit are hoping to recoup as much as $1.5 billion — a fraction of what the industry lost.
The settlement is among the largest in a series of settlements by drugmakers, wholesalers and pharmacies in recent years.
The judge had been expected to sentence OxyContin maker Purdue Pharma to forfeit $225 million to the U.S. government.
The criminal sentence Tuesday will mark a major step toward the company finalizing a settlement of thousands of lawsuits it faces over the toll of opioids.
A former Ball State University employee who was fired for her comments following political activist Charlie Kirk’s death has settled a lawsuit against the university’s president.
The settlement would resolve a class-action lawsuit accusing the farm equipment giant of monopolizing repair services.
Alex Palou and Chip Ganassi Racing have settled the four-time IndyCar champion’s breach of contract dispute with McLaren Racing, and the Spanish driver acknowledged Friday he mishandled the situation.
Cummins is offering eligible Ram truck owners up to $1,000 to encourage them to complete an emissions-related recall tied to a record-setting environmental settlement.
The company has warned that mounting legal costs are threatening its ability to continue selling the product in U.S. agricultural markets.
In addition to consumer payments, Indiana is expected to receive about $1.4 million in penalties from Google, with final figures to be updated in the coming weeks.
Under the nationwide settlement, the companies will offer a free repair to all eligible vehicles at a cost that could top $500 million and outfit all future vehicles sold in the U.S. with a key piece of technology.
Teams have argued for more than two years that their charters needed to be made permanent and revenue sharing had to change.
The government says the lab billed Medicare for tests that were unnecessary or tied to improper referral arrangements.
