Big Law

Philly songwriter wins $44 million in suit over Usher song

A Philadelphia songwriter who claims he was not given credit for writing one of R&B star Usher's hit songs has been awarded more than $40 million in damages in the conclusion of a lawsuit targeted at the track's other two...

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Duane Morris Partnership May Cement Status in Cannabis Industry

Duane Morris has annouced it will team up with a cannabis trade association to help elevate its profile in the burgeoning industry. The legal marijuana industry is growing “at warp speed” and its gravitational pull is attracting cannabis as well...

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DOJ Cutting Back on Corporate Compliance Monitors

The Justice Department is cutting back on using corporate monitors. Compliance monitors typically conduct extensive investigations, overseeing requirements in corporate plea agreements. They assess and report back to the government on a company's compliance and ethics programs. Read the source...

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Opioid Drugmakers Call for Specificity in Cases of Harm in Government Lawsuits Filed Against Them

As more and more lawsuits are filed by state and local governments over the opioid epidemic, drugmakers are fighting back in court by demanding the allegations include specifics on how the companies are to blame. As the city of New...

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Lehman Brothers Seeks to Expand Lawsuits Against Loan Originators

Lehman Brothers Holdings Inc. filed two new motions in its ongoing Southern District of New York Bankruptcy Court litigation against approximately 130 loan originators and brokers. In the Motion for Leave to Amend Complaint, Lehman seeks to add new claims...

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U.S. Judge approves settlement between SEC, Musk

A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors. Tesla...

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A Drama CBS Can’t Cancel — the One in Its Boardroom

CBS Corp. sought to turn the page on a tumultuous stretch when it said last month that Leslie Moonves was stepping down as chairman and chief executive amid sexual-harassment accusations and that the media company was settling litigation with its...

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Pfizer settles allegations its ‘Pay No More Than’ coupon program deceived consumers

Pfizer Inc. has agreed to pay more than $2.5 million in penalties to settle charges by the New York State Attorney General's Office of deceptively marketing its co-payment coupon program "Pay No More Than." The settlement, reached between Pfizer and...

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JPMorgan Chase Pays $24 Million to End Discrimination Lawsuit

JPMorgan Chase & Co. will pay $19.5 million to more than 200 current and former black financial advisers and their attorneys in a class action settlement with the bank. The nation’s largest bank also will spend $4.5 million to launch...

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Wall Street scores a win over stock exchanges in market-data fee battle

Wall Street brokerages scored a big win over the New York Stock Exchange and Nasdaq Inc. Tuesday when a US regulator said the exchanges failed to justify fee increases that are crucial to their businesses. The decision by the Securities...

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