DIRS.INFO The most relevant business & tech news

Those losses ended a nine-trial winning streak for Bayer, shattering investor and company hopes that the worst of the Roundup litigation was over. Her case will help test whether plaintiffs' recent victories were an aberration, or the payoff from favorable court rulings and a shift in plaintiffs' strategy. Plaintiffs' lawyers reject the notion that the evidence about regulators explains their wins. While plaintiffs' lawyers in earlier trials mentioned other chemicals, transcripts of recent closing arguments suggest they have become more prominent. More Roundup trials are expected in 2024.

Persons: Wolfgang Rattay, Kelly Martel, Bayer, Martel, glyphosate, That's, Tom Kline, Jason Itkin, Ernest Caranci, Bart Rankin, Rankin, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: Bayer AG, REUTERS, Bayer, U.S, Monsanto, . Environmental Protection Agency, EPA, Union, Health, Thomson Locations: Wuppertal, Germany, Philadelphia, Pleas, Pennsylvania, Europe, New York

A lower court judge had blocked enforcement of the ban in certain situations on Aug. 4, but the order has been on hold while the state appeals to the Texas Supreme Court. Oral arguments in the case are set for 10 a.m. (1600 GMT) in Austin. She was told she could not have an abortion until fetal cardiac activity stopped or her condition became life-threatening. Other plaintiffs said they were forced to travel out of state for medically necessary abortions. Reporting By Brendan Pierson in New York, Editing by Alexia Garamfalvi and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Shelby Tauber, Jessica Mangrum, Molly Duane, Amanda Zurawski, Zurawski, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: REUTERS, Shelby, Texas, Texas Supreme, Center for Reproductive Rights, Thomson Locations: Texas, Denton , Texas, Austin, Travis County , Texas, New York

New York Governor Andrew Cuomo arrives to depart in his helicopter after announcing his resignation in Manhattan, New York City, U.S., August 10, 2021. REUTERS/Caitlin Ochs/File Photo Acquire Licensing RightsNov 24 (Reuters) - A woman who in 2021 accused former New York governor Andrew Cuomo of groping her when she was working for him has filed a civil lawsuit against her one-time boss. It was the only criminal charge brought over the allegations against Cuomo. Another former aide, Charlotte Bennett, sued Cuomo for sexual harassment in September 2022. Reporting By Brendan Pierson in New York, Editing by Alexia Garamfalvi Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Cuomo, Caitlin Ochs, Brittany Commisso, Cuomo, Letitia James, Commisso, Charlotte Bennett, Brendan Pierson, Alexia Garamfalvi, Alistair Bell Organizations: New, REUTERS, Democrat, New York, Thomson Locations: Manhattan , New York City, U.S, New York, Albany , New York, Albany's

The lawsuit also alleged that Pfizer, despite knowing of the quality-control issues, persuaded Texas' Medicaid program to add Quillivant to its list of preferred drugs. The lawsuit accuses the companies of defrauding the state's Medicaid program, and seeks unspecified money damages from the companies. Pfizer and Tris, which manufactured the drug for Pfizer, did not immediately respond to a request for comment. The U.S. Food and Drug Administration in 2017 warned Tris of manufacturing lapses. Reporting by Brendan Pierson in New York, Editing by Alexia Garamfalvi and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Ken Paxton, Pfizer, Tris, Paxton, Quillivant, Tarik Ahmed, Brendan Pierson, Alexia Garamfalvi, Matthew Lewis Organizations: Pfizer, REUTERS, Texas, Tris, Republican, Nextwave Pharmaceuticals, U.S . Food, Drug Administration, Southern, of, Thomson Locations: Harrison County , Texas, Texas, U.S, Manhattan, of New York, New York

The Idaho State Capitol building is seen in Boise, Idaho, U.S., October 29, 2021. REUTERS/Shannon Stapleton Acquire Licensing RightsNov 9 (Reuters) - A U.S. judge has blocked Idaho from enforcing a recently passed law making it a crime to help a minor cross state lines for an abortion without her parents' consent. U.S. Magistrate Judge Debora Grasham in Boise, Idaho, said the law against so-called abortion trafficking, signed by Republican Governor Brad Little in April, violated the rights to free speech and expression under the First Amendment of the U.S. Constitution. The judge also said the law "fails to provide fair notice or ascertainable standard of what is and what is not abortion trafficking." Lourdes Matsumoto, a lawyer and advocate who works with victims of sexual violence, and the Northwest Abortion Access Fund and Indigenous Idaho Alliance, which help people in Idaho access abortion, sued to block the law.

Persons: Shannon Stapleton, Judge Debora Grasham, Brad Little, Raul Labrador, Lourdes Matsumoto, Brendan Pierson, Daniel Wallis Organizations: Idaho State Capitol, REUTERS, Republican, U.S . Constitution, Fund, Indigenous Idaho Alliance, Thomson Locations: Idaho, Boise , Idaho, U.S, U.S ., Washington , Oregon, Montana, New York

REUTERS/Demetrius Freeman/File Photo Acquire Licensing RightsCompanies Tennessee Office of Attorney General FollowNov 1 (Reuters) - Three Tennessee families of transgender children on Wednesday asked the U.S. Supreme Court to strike down a state law banning so-called gender-affirming care, such as puberty blockers and hormones, for patients under 18. Circuit Court of Appeals allowed Tennessee and Kentucky to enforce bans on gender-affirming care in September. Families challenging the Kentucky ban have not yet filed a petition to the Supreme Court. The St. Louis, Missouri-based 8th Circuit last year blocked an Arkansas ban, though the court is expected to consider the issue again. The Tennessee families urged the Supreme Court to take up the issue in part to avoid the "chaos" of conflicting court rulings.

Persons: Demetrius Freeman, Jonathan Skrmetti, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: REUTERS, Rights Companies Tennessee, Wednesday, U.S, Supreme, Constitution, Tennessee, Circuit, Republican, . Circuit, Thomson Locations: Washington, New York, U.S, Tennessee, Cincinnati , Ohio, Kentucky, Georgia, Alabama, St, Louis , Missouri, Arkansas

Abortion rights protesters march through downtown Tucson in part with nationwide demonstrations following the leaked Supreme Court opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in Tucson, Arizona, U.S., May 14, 2022. Circuit Court of Appeals unanimously ruled that a group of healthcare providers can sue the state over the law because they are harmed by it, reversing a lower court ruling. The panel did not address the merits of the challenge, finding only that the providers are entitled to pursue it in court. It is instead being defended by Arizona Senate President Warren Petersen and Arizona House of Representatives Speaker Ben Toma, both Republicans. However, the U.S. Supreme Court ordered him to reconsider last year after it overturned Roe.

Persons: Roe, Wade, Rebecca Noble, Kris Mayes, Warren Petersen, Ben Toma, Doug Doucey, Jessica Slarsky, Erin Hawley, Douglas Rayes, Rayes, Brendan Pierson, Alexia Garamfalvi, Jonathan Oatis Organizations: REUTERS, U.S, Circuit, Democrat, Arizona, Republican, Ninth Circuit, Center for Reproductive Rights, Alliance Defending, ADF, District, U.S . Supreme, Supreme, Thomson Locations: Tucson, Tucson , Arizona, U.S, Arizona, U.S ., New York

In its 6-1 opinion, the Georgia Supreme Court found that the law, known as the LIFE Act, can be enforced thanks to the U.S. Supreme Court's decision last year overturning Roe. The Georgia top court had previously allowed the law to take effect while it considered the case. The state Supreme Court did not rule on that issue, which will now go back to the lower court judge. "We are pleased with the court's decision and will continue to defend the constitutionality of Georgia's LIFE Act," Georgia Attorney General Chris Carr said in a statement. The Georgia law prohibits abortion, with limited exceptions, after a fetal heartbeat is detected, usually around six weeks.

Persons: Evelyn Hockstein, Court's Roe, Wade, Roe, Justice Verda Colvin, Monica Simpson, Chris Carr, Brendan Pierson, Jonathan Oatis Organizations: Women's, REUTERS, U.S, Georgia Supreme, LIFE, United, SisterSong, Reproductive, Thomson Locations: Carbondale , Illinois, U.S, Georgia, Atlanta, U.S ., United States, New York

☆ Planned Parenthood Must Face Trial Over Texas Medicaid Fraud Claims
▼ + stars: | 2023-10-23 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +5 min

At issue is billing by Planned Parenthood after Texas announced its decision to terminate the organization as a provider under its Medicaid insurance programs for low-income people. However, he did not rule on exactly how much it must return, or whether Planned Parenthood knowingly broke the law. Both Planned Parenthood and the office of Texas Attorney General Ken Paxton did not immediately respond to requests for comment. Planned Parenthood has said the videos were heavily edited and misleading, and denied wrongdoing. Planned Parenthood, as a leading abortion provider, has long drawn the ire of abortion opponents, who have called for cutting off its government funding.

Persons: Brendan Pierson, Nate Raymond, Matthew Kacsmaryk, Kacsmaryk, Ken Paxton, Paxton, Donald Trump, Roe, Wade, Will Dunham, Alexia Garamfalvi, Leslie Adler Organizations: Reuters, Republican, Texas, U.S, District, Supreme Locations: Texas, Amarillo, Louisiana, State, U.S, New York

☆ Musk's X illegally fired worker challenging office return -US labor board
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsOct 13 (Reuters) - Elon Musk's X illegally fired an employee in retaliation for her internet posts challenging its return-to-office policy, the U.S. labor board alleged on Friday. In the complaint, a regional director of the U.S. National Labor Relations Board (NLRB) accused X — formerly known as Twitter — of violating the federal law that prohibits punishing employees for communicating and organizing with others about their working conditions. Employee Yao Yue responded with a post on Twitter telling fellow workers, "Don't resign, let him fire you." A few days later, she was terminated in violation of the National Labor Relations Act, according to the complaint.

Persons: Carlos Barria, Elon Musk's, X, Musk, Yao Yue, Samrhitha, Brendan Pierson, Maju Samuel, Alexia Garamfalvi, Josie Kao Organizations: REUTERS, U.S . National Labor Relations Board, Twitter, NLRB, National Labor Relations, Thomson Locations: San Francisco , California, U.S, Bengaluru, New York

Nye, who was appointed by Republican former President Donald Trump, had in August issued a temporary order blocking the law. Idaho Attorney General Raul Labrador called the ruling a "significant win" and said the law was "designed to protect students." Idaho's bathroom bill allows students to sue schools for $5,000 if they encounter a transgender student in a bathroom in violation of the law. The new law says schools must provide a "reasonable accommodation" for transgender students unwilling or unable to use their assigned bathroom. Federal courts have been divided on school policies requiring transgender students to use the restroom corresponding to their birth sex, with the Richmond, Virginia-based 4th U.S.

Persons: Demetrius Freeman, David Nye, Nye, Donald Trump, Peter Renn, Raul Labrador, Rebecca Roe, Brad Little, Brendan Pierson, Alexia Garamfalvi, Matthew Lewis, David Gregorio Our Organizations: REUTERS, District, Republican, Lambda, Circuit, Appeals, Thomson Locations: Washington, New York, U.S, Idaho, Richmond , Virginia, Virginia, Atlanta, Florida

Medical instruments are sterilized following a surgical abortion at Trust Women clinic in Oklahoma City, U.S., December 6, 2021. Circuit Court of Appeals last month allowed the state to enforce its ban, reversing a lower court order that had partially blocked it. Idaho in 2020 passed a so-called "trigger" law that would go into effect and ban abortion if the U.S. Supreme Court overturned Roe v. Wade, the landmark decision that had established a right to abortion nationwide. The law includes a narrow exception for abortions that are necessary to prevent the mother's deathThe Supreme Court overturned Roe in June 2022. It also said that any conflict had been eliminated since Hendrix's decision because the state legislature and state Supreme Court had since clarified the law.

Persons: Evelyn Hockstein, Biden, Donald Trump, Raul Labrador, Roe, Wade, Joe Biden's, James Wesley Hendrix, Brendan Pierson, Alexia Garamfalvi, Jonathan Oatis Organizations: Trust Women, REUTERS, Circuit, Republican, Democratic, U.S . Department of Justice, U.S, Supreme, Idaho, Labor, District, Thomson Locations: Oklahoma City , U.S, San Francisco, Idaho, U.S, New York

Companies Johnson & Johnson FollowOct 3 (Reuters) - A New Jersey appeals court on Tuesday threw out a $223.8 million verdict against Johnson & Johnson (JNJ.N) in a trial over four plaintiffs' claims that they developed cancer from being exposed to the company's talc powder products. The Superior Court of New Jersey Appellate Division found that a lower court judge should not have allowed some of the scientific expert testimony the plaintiffs presented to jurors in the case. Reporting By Brendan Pierson in New York; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Johnson, Brendan Pierson, Jonathan Oatis Organizations: Johnson, of New, of New Jersey Appellate Division, Thomson Locations: Jersey, of New Jersey, New York

Pedestrians pass the James R. Browning U.S. Court of Appeals Building, home of the 9th U.S. On Tuesday afternoon, the court plans to hear arguments regarding President Donald Trump's temporary travel ban on people from seven Muslim-majority countries. ... Acquire Licensing Rights Read moreLaw Firms Idaho Law Group FollowSept 29 (Reuters) - Idaho can fully enforce its near-total abortion ban after a U.S. appeals court lifted a lower court order that had partially blocked it. Idaho in 2020 passed a so-called "trigger" law that would ban abortion if the U.S. Supreme Court overturned Roe v. Wade, the landmark decision that had established a right to abortion nationwide. Democratic President Joe Biden's administration sued Idaho in August, saying the state ban conflicted with the Emergency Medical Treatment and Labor Act (EMTALA), a federal law requiring hospitals to "stabilize" patients with emergency medical conditions.

Persons: James R, Donald Trump's, Donald Trump, Raúl Labrador, Roe, Wade, Joe Biden's, James Wesley Hendrix, Lawrence VanDyke, Brendan Pierson, Alexia Garamfalvi, David Gregorio Our Organizations: Browning U.S, U.S, Circuit, Appeals, Firms, Republican, Donald Trump . Idaho, U.S . Department of Justice, Supreme, Democratic, Idaho, Labor, District, Thomson Locations: San Francisco , California, Firms Idaho, Idaho, San Francisco, U.S, New York

U.S. President Joe Biden delivers remarks on Social Security and Medicare at the University of Tampa in Tampa, Florida, U.S. February 9, 2023. The ruling is the first to come from multiple lawsuits by drug companies and industry groups challenging the program. The drug price negotiation program is part of the Inflation Reduction Act, which Biden, a Democrat, signed last year. The Biden administration has repeatedly said there is nothing in the Constitution that prohibits drug price negotiations. Many other countries already negotiate drug prices.

Persons: Joe Biden, Jonathan Ernst, vindicating, Joe Biden's, Michael Newman, Biden, drugmakers, Newman, Karine Jean, Pierre, Donald Trump, Johnson, Januvia, Bristol Myers, Boehringer, Brendan Pierson, Nate Raymond, Costas Pitas, Alexia Garamfalvi, Bill Berkrot, Chris Reese, Leslie Adler Organizations: Social Security, University of Tampa, REUTERS, U.S, District, U.S . Chamber of Commerce, Medicare, Commerce, U.S . Justice, Republicans, Big Pharma, Republican, U.S . Centers, Medicaid Service, CMS, Bristol Myers Squibb, Pfizer, Johnson, Merck, Co's, Pharmaceutical Research, Manufacturers of America, Companies, Thomson Locations: Tampa , Florida, U.S, Dayton , Ohio, New York, Boston

An election official hands a ballot to a voter at a polling station in Ridgeland, Mississippi, U.S., November 27, 2018. A spokesperson for the office of Mississippi Attorney General Lynn Fitch did not immediately respond to requests for comment. Circuit Judge Carolyn Dineen King in reversing a lower-court judge's ruling. Circuit Judge Edith Jones, an appointee of former Republican President Ronald Reagan, was also on the panel and had dissented. Twelve of the 16 currently active judges on the court were appointed by Republicans.

Persons: Jonathan Bachman, Jonathan Youngwood, Lynn Fitch, James Dennis, Dennis, Carolyn Dineen King, Edith Jones, Ronald Reagan, Brendan Pierson, Alexia Garamfalvi Organizations: REUTERS, U.S, Circuit, U.S ., Democratic, Republicans, Thomson Locations: Ridgeland , Mississippi, U.S, Mississippi's, Mississippi, U.S . Civil, New York

Sept 28 (Reuters) - Yelp Inc (YELP.N) is asking a federal court to stop Texas Attorney General Ken Paxton from suing it over notices telling its users that crisis pregnancy centers do not provide abortions or referrals for abortions. Crisis pregnancy centers offer pregnant women counseling while seeking to prevent them from having abortions. In August 2022, Yelp began posting a notice on crisis pregnancy centers' pages stating that they "typically provide limited medical services and may not have licensed medical professionals onsite." The company said in the complaint that it posted the notices to prevent users from being misled by crisis pregnancy centers that deliberately targeted women seeking abortions. In February, in response to a complaint by Paxton, the company changed the notices to state that crisis pregnancy centers "do not offer abortions or referrals to abortion providers."

Persons: Ken Paxton, Paxton, Yelp, Paxton's, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: Yelp, Republican, U.S, Thomson Locations: Texas, San Francisco, California, New York

Abortion rights protesters gather for a rally in Columbus, Ohio, after the United States Supreme Court ruled in the Dobbs v Women's Health Organization abortion case, overturning the landmark Roe v Wade abortion decision, June 24, 2022. The law took effect after the U.S. Supreme Court last year overturned its landmark Roe v. Wade ruling that had guaranteed abortion rights nationwide. Ohio Solicitor General Benjamin Flowers at arguments on Wednesday asked the Supreme Court of Ohio to reverse a preliminary order blocking the law. Jessie Hill, a lawyer for abortion providers challenging the law, said that "longstanding, well-established rules" in Ohio bar the state from appealing preliminary orders before final judgment. Ohioans will vote in November on a referendum that would explicitly add a right to abortion to the state constitution.

Persons: Wade, Megan Jelinger, Mike DeWine, Benjamin Flowers, Flowers, Jessie Hill, Hill, Ohioans, Brendan Pierson, Alexia Garamfalvi, Aurora Ellis Organizations: United States Supreme, Women's Health Organization, REUTERS, Wednesday, Ohio Supreme, Republican, U.S, Supreme, Voters, Thomson Locations: Columbus , Ohio, Dobbs, Ohio, Cincinnati, New York

Circuit Court of Appeals for a new ruling to prevent the "improper result" of allowing parts of the lower court order "to regain effect even after having been held invalid by this court." The plaintiffs allege that U.S. officials lobby social media platforms to suppress what the government considers to be misinformation, violating users' right to free speech under the U.S. Constitution's First Amendment. While the case was still at an early stage, Doughty issued a preliminary injunction banning a wide range of communications between a slew of officials and social media companies. The panel limited the injunction's reach to a smaller group of officials, including White House staff, the Centers for Disease Control and Prevention and the Federal Bureau of Investigation. It said that the 5th Circuit should either put the parts of Doughty's order that it reversed on hold, or finalize its order immediately.

Persons: Dado Ruvic, Joe Biden's, Terry Doughty, Doughty, Brendan Pierson, Alexia Garamfalvi, Aurora Ellis Organizations: REUTERS, Justice Department, U.S, Circuit, Appeals, Biden, Democrat, District, X Corp, White House, Centers for Disease Control, Federal Bureau of Investigation, Supreme, Thomson Locations: Louisiana, Missouri, Monroe , Louisiana, New York

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSept 8 (Reuters) - A federal appeals court on Friday ordered the White House, the FBI and top health officials to not "coerce or significantly encourage" social media companies to remove content that the Biden administration considers to be misinformation. Circuit Court of Appeals narrowed much of an injunction that restricted Biden administration contact with social media companies issued by a Louisiana judge. The agencies are barred from coercing, threatening or pressuring social media companies to remove content. The attorneys general of Louisiana and Missouri, along with several individuals who say they were censored on social media, had sued Biden administration agencies and officials last year. The Biden administration has argued that it asked social media companies to take down posts it considered to be harmful misinformation, but never forced them to do so.

Persons: Dado Ruvic, Biden, Andrew Bailey, Joe Biden's, Donald Trump ., Terry Doughty, Nate Raymond, Jonathan Stempel, Brendan Pierson, Bill Berkrot, Alexia Garamfalvi, Jonathan Oatis Organizations: REUTERS, White, FBI, Circuit, Facebook, YouTube, 5th, Republican, U.S . Centers for Disease Control, Prevention, Democratic, Supreme, U.S . Department of Justice, Biden, Twitter, Donald Trump . U.S, District, Thomson Locations: New Orleans, Louisiana, Missouri, U.S, Monroe , Louisiana, Boston, New York

The John Adams Courthouse, where the Massachusetts Supreme Judicial Court presides, stands in Boston, Massachusetts, U.S., September 7, 2023. In a unanimous ruling Thursday, the Supreme Judicial Court of Massachusetts upheld a 2018 lower court ruling that the state acted in bad faith in regulating the Canton-based Judge Rotenberg Educational Center. The legal fight over the facility began in 1985, when the state sought to ban the shock treatment. In 2013, the state sought to terminate the consent order altogether, before Judge Field's ruling in 2018 that it was still necessary because of state regulators' bad faith conduct. A federal appeals court in 2021 ruled in a separate case that the U.S. Food and Drug Administration could not ban the shock device.

Persons: John Adams, Brian Snyder, Katherine Field, JRC, Michael Flammia, Scott Kafker, Judge Field's, Brendan Pierson, Alexia Garamfalvi, Deepa Babington Organizations: REUTERS, Massachusetts, Rotenberg Educational, Probate, state's Department of Developmental Services, U.S . Food, Drug Administration, Thomson Locations: Massachusetts, Boston , Massachusetts, U.S, Canton, Bristol, New York

Sept 6 (Reuters) - Bristol Myers Squibb (BMY.N) has been accused in a new lawsuit of using fraudulent patents and other illegal tactics to maintain its monopoly on blockbuster blood cancer drug Pomalyst for years after it should have faced generic competition. A spokesperson for Bristol Myers did not immediately respond to a request for comment. Pomalyst is a top seller for Bristol Myers, bringing in nearly $3.5 billion out of $46.16 billion of its total revenue last year. The drug was developed by Celgene, a company acquired by Bristol Myers in 2019. The generic companies, which are also named as defendants in the lawsuit, did not immediately respond to requests for comment.

Persons: Pomalyst, Bristol Myers, Celgene, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: Bristol Myers Squibb, Louisiana, Pomalyst, Bristol, Celgene, U.S . Patent, Teva Pharmaceutical Industries, Aurobindo Pharma, Breckeridge Pharmaceutical, Natco Pharma, Thomson Locations: Manhattan, New York

Aug 31 (Reuters) - The Texas Supreme Court on Thursday allowed a state law banning gender-affirming care for transgender minors, such as puberty blockers, hormones and surgeries, to take effect while it hears a legal challenge to the statute. The ruling came after a judge last Friday blocked the law in response to a challenge by the families of transgender children and doctors. Texas is one of at least 20 states that have banned or restricted gender-affirming care for minors. Mainstream U.S. medical groups have opposed the bans and maintain that gender-affirming care improves transgender patients' mental health and reduces the risk of suicide. Several other similar state laws have been blocked by judges, though a federal appeals court earlier in August revived Alabama's ban on gender-affirming care for minors.

Persons: Greg Abbott, Maria Cantu Hexsel, Hexsel, Brendan Pierson, Alexia Garamfalvi, Jonathan Oatis Organizations: Texas Supreme, Texas Attorney General's, Republican, U.S, Thomson Locations: Texas, . Texas, Travis County, Austin, New York

The 3M logo is seen at its global headquarters in Maplewood, Minnesota, U.S. on March 4, 2020. Some analysts' estimates of the company's potential liability from the earplug litigation had been as high as $10 billion. The Combat Arms earplugs were made by Aearo Technologies, a company 3M acquired in 2008. The lawsuits were consolidated before U.S. District Judge M. Casey Rodgers in Pensacola, Florida federal court in 2019. Aearo filed for bankruptcy in July 2022, with 3M pledging $1 billion to fund its liabilities stemming from the earplug lawsuits.

Persons: Nicholas Pfosi, M, Casey Rodgers, Aearo, Rodgers, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: REUTERS, Aearo Technologies, 3M, U.S, District, Thomson Locations: Maplewood , Minnesota, U.S, Afghanistan, Iraq, Pensacola , Florida, New York

About 240,000 people are expected to be eligible for the settlement, Chris Seeger, a lead lawyer for the plaintiffs, said at a press conference. The money will be paid out from 2023 to 2029, and $1 billion will be in the form of 3M stock, the company said in a statement. Some analysts' estimates of the company's potential liability from the earplug litigation had been as high as $10 billion. The Combat Arms earplugs were made by Aearo Technologies, a company 3M acquired in 2008. Aearo filed for bankruptcy in July 2022, with 3M pledging $1 billion to fund its liabilities stemming from the earplug lawsuits.

Persons: Brendan McDermid, Chris Seeger, Seeger, Bryan Aylstock, Clayton Clark, M, Casey Rodgers, Aearo, Rodgers, Brendan Pierson, Kannaki, Alexia Garamfalvi, Bill Berkrot Organizations: New York Stock Exchange, REUTERS, U.S, 3M, Aearo Technologies, District, Thomson Locations: New York City, U.S, Minnesota, Afghanistan, Iraq, Pensacola , Florida, New Yorkk, Bengaluru

Search resuls for: "Brendan Pierson"

25 mentions found