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Tag: settles
Goodyear settles with U.S. SEC over bribery charges
2015-02-24 18:09:09| Industrial Machines - Topix.net
Goodyear Tire & Rubber Co. will pay more than $16 million to settle civil charges alleging some of the company's subsidiaries paid bribes to win business in Kenya and Angola, U.S. regulators said Tuesday.
Tags: sec
charges
goodyear
settles
J&J settles more defective hip device lawsuits
2015-02-24 00:36:24| Food - Topix.net
Johnson & Johnson has reached an agreement to settle some 1,400 claims over defective hip replacement devices, a spokeswoman for the health care giant said Monday. The agreement extends the benefits of a 2013 settlement with plaintiffs involving about 8,000 cases over ASR Hip System devices that cost the company $2.5 billion.
Tags: device
hip
defective
lawsuits
Last LIRR union settles contract with MTA
2015-02-23 04:34:14| Railroads - Topix.net
An LIRR conductor checks a platform at Jamaica station as a commuter tries to board on July 8, 2014. Photo Credit: Newsday / J. Conrad Williams Jr. The last LIRR union working without a contract Sunday approved a new deal -- removing any threat of a legal strike for the next several years.
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contract
mta
settles
Boston Scientific settles $7.2B lawsuit brought by Johnson & Johnson for $600M
2015-02-17 23:35:53| Biotech - Topix.net
Boston Scientific Corp. has settled a lawsuit in which competitor Johnson & Johnson sought $7.2 billion in damages for $600 million. Shares of the Marlborough-based medical device giant were up 8 percent in after hour trading on the news, which brings closure to litigation which has been hanging over its head since its 2006 acquisition of Guidant .
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Boston Scientific settles J&J lawsuit over Guidant
2015-02-17 23:34:46| Food - Topix.net
J&J had tried to acquire Guidant in 2004, but that deal later was nixed when J&J lowered its bid and Boston Scientific followed up with a higher offer. J&J had sued when Guidant allowed due diligence to be done on a portion of its business during negotiations, which J&J contended was a violation of its merger pact.
Tags: scientific
boston
lawsuit
settles
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