Mike LaSusa
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American Honda Motor Co. Inc. announced Tuesday that it will pay $96 million to 46 states, three U.S. territories and Washington, D.C., to resolve a probe related to allegedly defective air bags in the company’s vehicles, which have also been the subject of extensive civil litigation… Read this piece in its entirety at Law360.
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Investors in Vaxart Inc. accused the San Francisco-headquartered biotechnology company of lying about its COVID-19 vaccine candidate in order to inflate its stock price, according to a complaint filed Monday in California federal court… Read this piece in its entirety at Law360.
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Florida Gov. Ron DeSantis wasted no time challenging a state judge’s order Monday shredding the administration’s move to open all schools by Aug. 31 after finding the restart plans “reduced the constitutional guarantee of a safe education to an empty promise”… Read this piece in its entirety at Law360.
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Citibank NA has won yet another bid in New York federal court to temporarily freeze tens of millions of dollars investment companies have allegedly refused to return after the financial giant mistakenly transferred the funds as part of a $900 million payment to Revlon Inc. lenders… Read this piece in its entirety at Law360.
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An explosion at a commercial property in downtown Los Angeles that injured a dozen firefighters earlier this year has sparked criminal charges against the building’s owners and managers, the city attorney’s office announced Friday… Read this piece in its entirety at Law360.
Mike LaSusa 