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Johnson & Johnson has been ordered by an Oregon jury to pay $260 million to a woman who claimed that her cancer was caused by the company's baby powder. The jury found that J&J was responsible for the woman's mesothelioma, a cancer linked to asbestos exposure, and awarded her $200 million in compensatory damages and $60 million in punitive damages. J&J is currently facing over 61,000 lawsuits related to talc and cancer, and the company plans to appeal the Oregon verdict. J&J has maintained that talc does not cause cancer and has already settled other mesothelioma cases to resolve talc litigation. [Extracted from the article]

GSK and Boehringer Ingelheim are accused of prioritizing profits over consumer safety by concealing the cancer risks of their heartburn drug Zantac, according to lawyers representing a woman in a lawsuit. The woman, Angela Valadez, used Zantac for 18 years before being diagnosed with colorectal cancer and is seeking $640 million in compensatory damages. Internal documents allegedly show that GSK knew about the drug's risks but sold it without warnings. Tens of thousands of similar lawsuits are pending against GSK, Boehringer, Pfizer, and Sanofi, who all sold Zantac at different times. [Extracted from the article]

Reckitt Benckiser Group Plc, a UK company, saw a 20% drop in its stock value after a jury awarded $60 million in damages to an Illinois woman who claimed that the company's Enfamil baby formula caused the death of her premature baby. The verdict, the first of its kind to go to trial in the US, resulted in the largest market value loss in the company's history, wiping out $9.3 billion. The jury found that Reckitt's Mead Johnson Nutrition unit failed to warn the woman about the risks of necrotizing enterocolitis (NEC) in its formula. Reckitt plans to appeal the verdict and maintains that its products are safe. Other formula makers, including Abbott Laboratories, also saw a decline in their stock prices following the verdict. Thousands of lawsuits targeting Mead Johnson and Abbott are pending in state and federal courts. [Extracted from the article]

Reckitt Benckiser Group Plc, a UK company, saw its stock price drop by 20% after a jury awarded $60 million in damages to an Illinois woman whose premature baby died after consuming the company's Enfamil baby formula. The verdict, the first of its kind to go to trial in the US, caused Reckitt to lose about $9 billion in market value. The jury found that Reckitt's Mead Johnson Nutrition unit failed to warn the woman about the risks of necrotizing enterocolitis (NEC) associated with the formula. Reckitt plans to appeal the verdict and maintains that its products are safe. Other formula makers, including Abbott Laboratories, also saw their stock prices decline in response to the verdict. Thousands of lawsuits related to NEC risk are pending against Mead Johnson and Abbott. [Extracted from the article]

Reckitt Benckiser Group's stock dropped over 11% after a jury awarded $60 million in damages to an Illinois woman who claimed that the company's Enfamil baby formula caused the death of her premature baby. The jury ruled that Reckitt's Mead Johnson Nutrition unit failed to warn the woman about the risks of necrotizing enterocolitis (NEC) in its formula. Reckitt maintains that its products are safe and does not believe they cause NEC. The case is the first of many lawsuits targeting formula makers over the NEC risk. [Extracted from the article]

Former President Donald Trump has requested a delay in the execution of an $83.3 million jury verdict against him in a defamation lawsuit filed by E. Jean Carroll. Trump's attorney argues that the award is "excessive" and likely to be reduced on appeal. The delay would give Trump more time to file an appeal and potentially resolve some issues before the appeal process begins. Trump is also facing financial challenges after losing another high-stakes trial, where he was hit with $454 million in penalties in a civil fraud suit. Carroll accused Trump of raping her in the 1990s, and she sued him for defamation after he accused her of lying. The $83.3 million verdict includes compensatory and punitive damages. Trump's attorney plans to challenge the verdict on several grounds. [Extracted from the article]

Bayer AG shares have fallen after the company was ordered to pay $2.25 billion to a former Roundup user who claimed the weed killer caused his cancer. This verdict is the largest in the five years of litigation over the herbicide. The ruling is a setback for CEO Bill Anderson's efforts to revive Bayer's fortunes, as the company is still dealing with the liability it inherited from its acquisition of Monsanto. While Bayer's Monsanto unit has won most Roundup trials recently, this verdict could be more challenging to overturn due to the high level of compensatory damages. [Extracted from the article]

Bayer AG shares have fallen after the company was ordered to pay $2.25 billion to a former Roundup user who claimed that the weed killer caused his cancer. This verdict is the largest in the five years of litigation over the herbicide. The ruling is a setback for CEO Bill Anderson's efforts to revive Bayer's fortunes, as the company is still dealing with the liability it inherited from its acquisition of Monsanto in 2018. Analysts suggest that Bayer may need to review its dividend policy to unlock cash. While Bayer's Monsanto unit has won most Roundup trials recently, the company has faced significant losses, including a $1.5 billion verdict in Missouri. Bayer plans to appeal the verdict and argues that Roundup is safe. [Extracted from the article]

Bayer AG shares have fallen after the company was ordered to pay approximately $2.3 billion to a former Roundup user who claimed that the weed killer caused his cancer. This verdict is the largest in the five years of litigation surrounding Roundup. The ruling poses a challenge to CEO Bill Anderson's efforts to revive Bayer's fortunes, as the company has struggled to address the herbicide's legal issues. The verdict may also impact the resolution of the remaining 40,000 Roundup cases in the US. [Extracted from the article]

Bayer AG shares have fallen after the company was ordered to pay $2.25 billion to a former Roundup user who claimed the weed killer caused his cancer. This verdict is the largest in the five years of litigation over the herbicide. The ruling poses a challenge to CEO Bill Anderson's efforts to revive Bayer's fortunes, as the company is already under pressure due to the liability it inherited from its acquisition of Monsanto. While Bayer's Monsanto unit has won most Roundup trials recently, this verdict conflicts with the scientific evidence, according to Bayer. [Extracted from the article]

Former President Donald Trump has been ordered by a New York jury to pay $83.3 million to E. Jean Carroll, a former Elle magazine columnist, for defaming her when he denied sexually assaulting her. The jury found that Trump's false claims shattered Carroll's reputation and put her life at risk, resulting in online abuse and threats. The award includes $18.3 million in compensatory damages and $65 million in punitive damages. Trump plans to appeal the decision. This verdict adds to Trump's legal setbacks and brings attention to his alleged treatment of women. [Extracted from the article]

Bayer AG's Monsanto unit has been ordered by a Pennsylvania jury to pay over $2.2 billion to a former Roundup user who claimed that his cancer was caused by the weed killer. The jury awarded the plaintiff $250 million in compensatory damages and $2 billion in punitive damages. This is one of the largest trial losses for Bayer in their five years of litigation over Roundup. While Monsanto has won previous trials, they have recently faced several jury verdicts stating that Roundup contains carcinogens. Bayer plans to appeal the verdict. [Extracted from the article]

Former President Donald Trump has been ordered by a New York jury to pay $83.3 million to E. Jean Carroll, a former Elle magazine columnist, for defaming her when he denied sexually assaulting her. The jury found that Trump's false claims shattered Carroll's reputation and put her life at risk, resulting in online abuse and threats. The award includes $18.3 million in compensation for harm caused to Carroll's reputation and $65 million in punitive damages. This verdict comes as Trump campaigns for the 2024 presidential election and faces multiple trials and a civil fraud case. He is likely to appeal the jury's decision. [Extracted from the article]

Former President Donald Trump abruptly left the courtroom during the closing arguments of the defamation trial against him by writer E. Jean Carroll. Carroll's lawyer accused Trump of continuing to defame her and acting as if the laws do not apply to him. Trump returned to court later to hear his own lawyer's closing argument. The jury is now deliberating to determine if Trump must pay damages for defaming Carroll when he denied her claim of sexual assault. Trump is facing multiple legal challenges and has denied any wrongdoing. [Extracted from the article]

E. Jean Carroll, the author who won a sexual abuse lawsuit against Donald Trump, will face him again in a defamation trial starting on January 16th. Carroll's lawyer argues that Trump's testimony about his wealth in a separate fraud case should be shown to jurors in the defamation trial to determine punitive damages. Carroll is seeking $12 million in compensatory damages and unspecified punitive damages. This trial is one of six that Trump is facing, including four criminal prosecutions. Trump claims that these cases are part of a "witch hunt" against him. [Extracted from the article]

Avi Mahajan was sued in federal court in New York on Tuesday by an entity controlled by DRW's lead quantitative researcher, David Sweet. Sweet claims Mahajan, who was hired at DRW as a quantitative analyst in 2018, copied portions of the Cogneato code to a remote site in May and then lied when confronted about it in July. (Bloomberg) -- A former DRW Holdings LLC trader and research analyst was accused in a lawsuit of stealing proprietary computer code used in the firm's quantitative strategies. [Extracted from the article]

(Bloomberg) -- A former DRW Holdings LLC trader and research analyst was accused in a lawsuit of stealing proprietary computer code used in the firm's quantitative strategies. Avi Mahajan was sued in federal court in New York on Tuesday by an entity controlled by DRW's lead quantitative researcher, David Sweet. Sweet claims Mahajan, who was hired at DRW as a quantitative analyst in 2018, copied portions of the Cogneato code to a remote site in May and then lied when confronted about it in July. [Extracted from the article]

The same jury concluded Trump was not liable for rape, but Carroll still won the trial and was awarded a total of $5 million in damages. (Bloomberg) -- A federal judge tossed out Donald Trump's defamation claim against E. Jean Carroll, the New York author who last year sued him for allegedly raping her in a department store dressing room decades ago. [Extracted from the article]

(Bloomberg) -- George Santos, the embattled Republican congressman charged with fraud, is being sued by a Montana man who claims his free-speech rights are being violated after he was blocked from posting comments on the New York lawmaker's Twitter account. "The comment section of his Twitter account is a designated public forum within which Defendant may not discriminate against speakers based on their viewpoint", according to the federal lawsuit filed Wednesday in Washington, D.C. Scott C. Smith, who lives in Montana, said in the lawsuit that Santos's official Twitter page blocked him after he posted comments in May that were critical of the congressman's political views. [Extracted from the article]

Read More: Fox News Settled But Dominion Still Has a Lot of 2020 Lawsuits Whatever the outcome of the litigation, Fox may not have a huge incentive to change its profitable ways. In a counterclaim, Fox says Smartmatic's litigation violated a New York law barring the use of frivolous lawsuits to chill speech, citing the $2.7 billion in alleged damages as evidence. [Extracted from the article]

Morgan Stanley "duped Mr. Armstrong and Mr. Kiefner into disclosing Schwab's confidential practice metrics and customer information with a view towards diverting their customers from Schwab", the advisers alleged. Schwab sued Armstrong, Kiefner and Morgan Stanley over the advisers' March 2019 departures, claiming they stole trade secrets and breached their contracts. [Extracted from the article]

Natalie Sanchez claims the New York-based data analytics firm refused her request to be assigned to a new supervisor after the harassment started and instead allowed her "to be treated like a sex object by her male boss." (Bloomberg) -- A former executive assistant at S&P Global Inc. claims in a lawsuit that she was fired after complaining that her boss had sexually harassed her. [Extracted from the article]

(Bloomberg) -- JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank account. The suit is Essilor International SAS v. J.P. Morgan Chase Bank, N.A., 22-cv-03361, U.S. District Court, Southern District of New York (Manhattan). [Extracted from the article]

According to the suit, Ruiz raised concerns about Botting to human resources at Credit Agricole in October 2018. Jose Ruiz, onetime head of emerging-markets foreign-exchange trading at Credit Agricole, filed suit Wednesday in federal court in Manhattan. [Extracted from the article]

Epstein's estate is the latest to be sued by alleged sexual abuse victims under provisions of the Adult Survivors Act, which took effect Nov. 24. The women are asking the court to order Epstein's estate to pay them unspecified compensatory and general damages. (Bloomberg) -- Two women who claim they were sexually assaulted by Jeffrey Epstein sued the late financier's estate under a New York law that lets victims of sexual abuse sue for monetary damages no matter how long ago the alleged acts occurred. [Extracted from the article]

(Bloomberg) -- Alex Jones was ordered to pay an additional $472 million in punitive damages and attorneys' fees on top of the nearly $1 billion verdict a Connecticut jury imposed on him for spreading lies about the Sandy Hook school massacre. Despite the already hefty verdict, lawyers for the plaintiffs urged Bellis to award the maximum possible punitive damages to stop Jones from continuing to spread his lies. [Extracted from the article]

(Bloomberg) -- Alex Jones was ordered to pay an additional $472 million in punitive damages and attorneys' fees on top of the nearly $1 billion verdict a Connecticut jury imposed on him for spreading lies about the Sandy Hook school massacre. Despite the already hefty verdict, lawyers for the plaintiffs urged Bellis to award the maximum possible punitive damages to stop Jones from continuing to spread his lies. Norm Pattis, Jones's lawyer, didn't immediately respond to a request for comment on Bellis's rulings. [Extracted from the article]

(Bloomberg) -- Alex Jones was ordered to pay an additional $472 million in punitive damages and attorneys' fees on top of the nearly $1 billion verdict a Connecticut jury imposed on him for spreading lies about the Sandy Hook school massacre. Despite the already hefty verdict, lawyers for the plaintiffs urged Bellis to award the maximum possible punitive damages to stop Jones from continuing to spread his lies. [Extracted from the article]

"If a billion dollars doesn't do it, then a trillion dollars doesn't do it and $3 trillion doesn't do it", Norm Pattis, Jones's lawyer, told state judge Barbara Bellis at a hearing in Waterbury, Connecticut. (Bloomberg) -- The almost $1 billion a jury ordered Alex Jones to pay families damaged by the Infowars host's lies about the Sandy Hook school massacre was punishment enough, his lawyer told a Connecticut judge Monday -- no additional punitive damages should be piled on top. [Extracted from the article]

(Bloomberg) -- FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial bias, $366 million awarded to a Black former saleswoman who claimed the company fired her after she complained about discrimination. FedEx fought that jury award, which was originally $160 million in damages but grew because of accrued interest. [Extracted from the article]

"FedEx believes ultimate compensatory and punitive damages and pre- and post-judgment interest up to $75 million will be covered by insurance, subject to a retention of up to $10 million", it said. (Bloomberg) -- FedEx Corp. is facing a potentially large payout after losing a discrimination case in Texas where a jury assessed compensatory damages of $1.16 million and punitive damages of $365 million. [Extracted from the article]

The lawsuit stems from an Aug. 1 confrontation in which pro-union employees gathered inside the cafe and presented the manager with a letter asking for improvements such as higher pay. (Bloomberg) -- Starbucks Corp. employees are suing the company for defamation over its response to a union protest. [Extracted from the article]

(Bloomberg) -- Starbucks Corp. employees are suing the company for defamation over its response to a union protest. The lawsuit stems from an Aug. 1 confrontation in which pro-union employees gathered inside the cafe and presented the manager with a letter asking for improvements such as higher pay. [Extracted from the article]

(Bloomberg) -- Alex Jones must pay $965 million in damages to families and an FBI agent ravaged by the Infowars founder's lie that the Sandy Hook Elementary School massacre was a hoax, a Connecticut jury found. Jones, 48, now faces additional, punitive damages in the Connecticut case under a state law against using false statements to sell products, a statute that Superior Court Judge Barbara Bellis earlier found he violated. [Extracted from the article]

Keywords: 1733886D; TOYS; ALLTOP; BUSINESS; CMD; CONS; CONSD; COS; INDUSTRIES; LAW; LEI; MARKETS; NORTHAM; NRG; OIL; RET; TOP; US; WORLD; WWTOP; WWTOPAM EN 1733886D TOYS ALLTOP BUSINESS CMD CONS CONSD COS INDUSTRIES LAW LEI MARKETS NORTHAM NRG OIL RET TOP US WORLD WWTOP WWTOPAM Shoppers at the Garden State Plaza mall in Paramus, New Jersey, might feel a touch of déjà vu on entering a store called Toys & Beyond. QXKR0YT0AFBD (Bloomberg) -- Shoppers at the Garden State Plaza mall in Paramus, New Jersey, might feel a touch of déjà vu on entering a store called Toys & Beyond. Toys "R" Us, Not Them, Famed Brand Says in Suit Alleging Rip-Off. [Extracted from the article]

(Bloomberg) -- The reason Morgan Stanley gave for the dismissal of senior currencies trader Thiago Melzer was defamatory, an arbitration panel found. Morgan Stanley's Reason for FX Trader's Exit Found "Defamatory" Morgan Stanley hired Melzer in 2007 and promoted him repeatedly as the bank became a force in FX options, a lucrative corner of the currency market. [Extracted from the article]

(Bloomberg) -- Ford Motor Co. was told by a jury to pay more than $1.7 billion over a 2014 rollover accident that killed a Georgia couple, a lawyer for the family said. Jurors delivered their verdict on punitive damages Friday following a 14-day trial in state court in Lawrenceville, Georgia, according to the attorney, Gerald Davidson. [Extracted from the article]

Netflix said it would invest a total of 40 million euros ($40.7 million) on French movies in 2022, with the Depp film being one of its first picks. (Bloomberg) -- Netflix Inc. has acquired the rights to stream Johnny Depp's next film in France, a deal that will help fund the actor's first feature role following his defamation trial against ex-wife Amber Heard, and what he claimed was a wider boycott by Hollywood studios. Other upcoming French films selected by Netflix include the comedy "Asterix & Obelix: l'Empire du Milieu", directed by Guillaume Canet, and "Chien et chat", directed by actress and director Reem Kherici, according to the company. [Extracted from the article]

The French period film, "La Favorite", in which Depp will portray King Louis XV, will receive financial backing from Netflix, according to two people familiar with the matter who asked not to be identified because the terms haven't been announced publicly. Netflix said it would invest a total of 40 million euros ($40.7 million) on French movies in 2022, with the Depp film being one of its first picks. (Bloomberg) -- Netflix Inc is set to co-finance and stream Johnny Depp's next film, a bet on the actor's first feature role following his defamation trial against ex-wife Amber Heard, and what he claimed was a wider boycott by Hollywood studios. [Extracted from the article]

(Bloomberg) -- Amazon Inc. makes it too hard and unnecessarily confusing to cancel subscriptions for services, some customers claimed in a lawsuit alleging the internet retailer is violating California's rules on automatic renewal programs. Amazon offers subscriptions for numerous services including Amazon Prime, which provides free shipping, Prime Video, Amazon Music and Kindle Unlimited. [Extracted from the article]

On the Fitbit webpage announcing the recall, the company noted that the recall didn't involve other Fitbit smartwatches or trackers. (Bloomberg) -- Alphabet Inc.'s Google didn't go far enough when it recalled a single model of its Fitbit smartwatches, two women claim in a lawsuit, saying other versions of the device also burn users and can burst into flames. [Extracted from the article]

J.P. Morgan Chase Bank is a unit of JPMorgan Chase & Co. (Bloomberg) -- J.P. Morgan Chase Bank N.A. was sued by a unit of the French maker of Ray-Ban glasses, which claims the bank ignored red flags as international cybercriminals drained $272 million from its New York bank account. [Extracted from the article]

(Bloomberg) -- J.P. Morgan Chase Bank N.A. was sued by a unit of the French maker of Ray-Ban glasses, which claims the bank ignored red flags as international cybercriminals drained $272 million from its New York bank account. J.P. Morgan Chase Bank is a unit of JPMorgan Chase & Co. JPMorgan Chase didn't respond to a request for comment. [Extracted from the article]

The jury's award to Diaz after a seven-day trial in San Francisco is believed to be one of the largest in U.S. history for an individual plaintiff in a racial discrimination case. (Bloomberg) -- A federal judge cut to $15 million a staggering $137 million in damages awarded by a jury in a racial discrimination case against Tesla Inc. over abusive conduct toward a former elevator operator at its northern California factory. Diaz's case marks a rare instance in which Tesla, which typically uses mandatory arbitration to resolve employee disputes, had to defend itself in a public trial. [Extracted from the article]

Diaz's case marks a rare instance in which Tesla, which typically uses mandatory arbitration to resolve employee disputes, had to defend itself in a public trial. The jury's award to Diaz, a former elevator operator for Tesla, after a seven-day trial in San Francisco is believed to be one of the largest in U.S. history for an individual plaintiff in a racial discrimination case. (Bloomberg) -- A federal judge cut to $15 million a staggering $137 million in damages awarded by a jury in a racial discrimination case against Tesla Inc. over abusive conduct toward a contract worker at its northern California factory. [Extracted from the article]

(Bloomberg) -- Former Salomon Brothers bond trader Howard Rubin was ordered to pay $3.85 million to a group of women who alleged they were lured into his Manhattan penthouse for abusive sexual encounters. After a 10-day trial, a jury in Brooklyn found Rubin liable this week for sex trafficking and one claim of battery and ordered him to pay $3 million in compensatory damages and $850,000 in punitive damages. [Extracted from the article]

Keywords: 1070L; STONY1; BUSINESS; COS; GEN; GOV; LAW; NORTHAM; POL; US; WORLD EN 1070L STONY1 BUSINESS COS GEN GOV LAW NORTHAM POL US WORLD (Bloomberg) -- Former New York Governor Andrew Cuomo was sued over alleged sexual harassment by a state trooper who was part of his protective detail. Paul Schectman, a lawyer for DeRosa said: "According to the trooper's own testimony Melissa's only interaction with her was to say "hello and goodbye". [Extracted from the article]

R5Z9CTT0G1KX (Bloomberg) -- A judge signaled he'll probably cut a jury's award of $137 million in damages to a former Tesla Inc. contract worker over racial abuse in its northern California factory. Keywords: 1070L; TSLA; ALLTOP; ALTNRG; AUTOMOTIVE; BUSINESS; CMD; CONS; CONSD; COS; ELQ; GLOBALMACR; GOV; INDUSTRIAL; INDUSTRIES; LAW; NORTHAM; NRG; TOP; US; WORLD; WWTOP; WWTOPAM EN 1070L TSLA ALLTOP ALTNRG AUTOMOTIVE BUSINESS CMD CONS CONSD COS ELQ GLOBALMACR GOV INDUSTRIAL INDUSTRIES LAW NORTHAM NRG TOP US WORLD WWTOP WWTOPAM A judge signaled he'll probably cut a jury's award of $137 million in damages to a former Tesla Inc. contract worker over racial abuse in its northern California factory. Tesla Judge Says $137 Million Racism Verdict Is "Extremely High". [Extracted from the article]

Keywords: 1070L; BUSINESS; COS; EXE; GEN; GOV; INDUSTRIES; LAW; MED; NORTHAM; TMT; US; WORLD EN 1070L BUSINESS COS EXE GEN GOV INDUSTRIES LAW MED NORTHAM TMT US WORLD Former Trump lawyer Michael Cohen sued the U.S. government and Donald Trump for revoking his home confinement in alleged retaliation for publishing a book. R48BJBDWRGG0 (Bloomberg) -- Former Trump lawyer Michael Cohen sued the U.S. government and Donald Trump for revoking his home confinement in alleged retaliation for publishing a book. [Extracted from the article]