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Exxon settlement Assembly hearing in Bayonne, June 3, 2015
2015-06-03 23:08:57| Energy - Topix.net
Peggy Wong, secretary of the Hudson River Waterfront Conservancy, speaks during the Assembly hearing on the $225 million settlement agreement between the Attorney General and Exxon Mobil, at Bayonne City Hall on Wednesday, June 3, 2015.
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N.J. legislators hear from the public on Exxon settlement
2015-06-03 21:38:42| Chemicals - Topix.net
Legislators looking into the controversial settlement between the state and Exxon Mobil said their weeks-long quest for more information on the deal has confirmed their initial reaction and they are confident that weeks of digging through boxes of documents has built a strong case to make for a judge to reject the agreement. On Wednesday, two days before the deadline to submit public comments to the judge considering the $225 million settlement, the Assembly Judiciary Committee gathered in Bayonne, one of the two towns damaged by decades of contamination by the oil company.
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Phila. biotech firm agrees to pay $2.75M settlement
2015-06-03 21:15:35| Biotech - Topix.net
A Philadelphia biotechnology company has tentatively agreed to pay $2.75 million to resolve a lawsuit brought by its shareholders, who allege the company made "material misrepresentations and omissions" regarding the status of a new drug application for its lead new drug candidate. The class action lawsuit was filed against Hemispherx Biopharma , which has spent more than three decades developing Ampligen for a variety of possible uses.
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Babcock & Wilcox gets $36M in settlement over nuclear plant work
2015-06-03 18:02:52| Industrial Machines - Topix.net
The Babcock & Wilcox Co. will get $36.3 million lump sum payment from Xcel Energy to settle a $ 45 million lawsuit it filed against the utility over payments for for work at its Prairie Island nuclear plant.
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FTC's $1.2 Billion Disgorgement Settlement With Cephalon:...
2015-06-03 04:46:32| Biotech - Topix.net
On May 28, 2015, the Federal Trade Commission announced the settlement of its 2008 lawsuit against Cephalon, Inc. , which alleged that Cephalon had made "reverse payments" to four generic drug manufacturers in order to delay sales of generic versions of its branded sleep disorder drug Provigil. According to the FTC, Cephalon had agree to pay the four generic companies a total of more than $300 million, purportedly for the purchase of an active pharmaceutical ingredient, the licensing of intellectual property, and the co-development rights in a new drug.
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