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CVS Health in $48 million settlement of lawsuit over stock plunge
2015-09-16 18:38:26| Biotech - Topix.net
The all-cash settlement with investors led by three Massachusetts public pension funds was disclosed in a Monday filing with the federal court in Providence, Rhode Island. CVS' share price tumbled 20.1 percent on Nov. 5, 2009, after the company, then known as CVS Caremark, revealed the loss of contracts representing about $4.5 billion of annual revenue.
Tags: over
health
stock
million
Trump security guards assaulted protesters on NY sidewalk, lawsuit claims
2015-09-10 01:38:33| Real Estate - Topix.net
Five people are suing Republican presidential candidate Donald Trump claiming his private security team assaulted them on a Manhattan sidewalk as they protested outside Trump's office, according to a filing on Wednesday in New York state court. The suit names Trump personally, the Trump Organization and Trump's security director Keith Schiller.
Tags: security
claims
lawsuit
guards
Chesapeake, Bass family reach settlement on gas royalties lawsuit
2015-09-09 01:22:43| Paper - Topix.net
Three weeks after a federal judge ruled Chesapeake Energy had underpaid mineral rights owners in North Texas' Barnett Shale - including the billionaire Edward Bass - the owners' group has agreed to drop its case in exchange for an undisclosed payment. The settlement will end what could have been a lengthy and costly legal battle against Chesapeake, the Oklahoma City-based oil and gas company that took in $21 billion in revenue last year.
Woman Files Lawsuit After Eating Tainted Cucumber
2015-09-07 23:51:15| Grocery - Topix.net
A Minnesotta woman has filed a lawsuit against a San Diego-based produce company that recalled garden cucumbers believed to be the source of a Salmonella outbreak that killed one Southern California woman and sickened nearly 300 people from 27 states. The lawsuit was filed by Seattle-based food safety law firm Marler Clark on behalf of Kathleen R. Dvergsten, a Farmington, MN resident, after she allegedly ate a salad with the Salmonella-tainted cucumbers at a Red Lobster near her home on Aug. 12. The cucumbers named in the lawsuit were imported from Mexico and distributed by Andrew & Williamson Fresh Produce according to the California Department of Public Health .
Tags: files
woman
eating
lawsuit
Navistar may face SEC lawsuit, posts 12th consecutive loss
2015-09-02 20:08:52| Automakers - Topix.net
Navistar said it received Wells notices from the U.S. Securities and Exchange Commission that recommended enforcement action against the company and former Chief Executive Officer Daniel Ustian for allegedly violating regulations of disclosures and financial statements. During a conference call with analysts, Navistar officials said they could not comment on the case beyond saying the company was working on its response to the Wells notices.
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