Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit
Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit Purdue Pharma has filed a new bankruptcy plan that will distribute more than $7.4 billion to compensate opioid epidemic victims and fund addiction treatment programs. The Stamford, Connecticut-based company submitted the plan to the US Bankruptcy Court for the Southern District of New York, Purdue said in a news release on Wednesday, Mar. 19. The reorganization increases the Sackler family's payout by $1 billion from a previous deal. The plan will dissolve Purdue and transfer its assets to a new public benefit company focused on opioid crisis abatement. The Sacklers, who have…
NWSL To Pay $5M After Players Suffer Sexual, Racist, Emotional Abuse From Coaches NWSL To Pay $5M After Players Suffer Sexual, Racist, Emotional Abuse From Coaches
NWSL To Pay $5M After Players Suffer Sexual, Racist, Emotional Abuse From Coaches The National Women's Soccer League will pay $5 million to compensate players who endured years of abuse and harassment. The landmark NWSL settlement was announced by the attorneys general of New York, Illinois, and Washington, DC, on Wednesday, Feb. 5. The agreement follows investigations into claims of widespread misconduct, including emotional abuse, sexual coercion, and systemic failures that left players unprotected. The NWSL will create a $5 million fund to pay players who experienced abuse. "For too long, the hardworking and talented women of the National Women's …
Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments
Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said. McMahon, WWE's former executive chairman and CEO, reached the agreement related to charges from the Securities and Exchange Commission, the federal agency said in a news release on Friday, Jan. 10. The SEC said McMahon concealed the "hush money" payments, creating discrepancies in WWE's financial reports. McMahon agreed to pay a $400,000 civil penalty and reimburse $1,330…
Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture
Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture Three giant media companies have abandoned their plans to launch Venu Sports, a service that aimed to drastically shake up the streaming industry by bundling many sports channels together, officials said. Venu Sports has officially been discontinued, ESPN said in a news release on Friday, Jan. 10. The massive venture was a partnership between the "Worldwide Leader in Sports," FOX, and Warner Bros. Discovery. The companies released a brief statement announcing the end of Venu Sports. "After careful consideration, we have collectively agreed to discontinue the Venu Sports joint ven…
Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement
Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement Apple will pay a $95 million settlement regarding allegations that its virtual assistant, Siri, eavesdropped on users without their consent, according to multiple reports. The settlement, filed in federal court in Oakland, California this week, addresses a lawsuit that dates back five years and must be approved by a US District judge at a hearing on Friday, Feb. 14, Bloomberg Law reports. The lawsuit claims that Siri was activated to record conversations even when users did not use the launching phrase, “Hey, Siri.” These recordings were allegedly shared with third parties s to target user…
'I Hope Your Mama Let Me Beat You', Maryland County Settles Lawsuit After Officer Berates Child 'I Hope Your Mama Let Me Beat You', Maryland County Settles Lawsuit After Officer Berates Child
'I Hope Your Mama Let Me Beat You', Maryland County Settles Lawsuit After Officer Berates Child Montgomery County has come to a settlement agreement after a police officer was caught on his body-worn camera berating and insulting a 5-year-old boy, telling him he deserved to be beaten after he ran away from school, reports The Washington Post. The County will pay out $275,000 after the child's mother sued the county last year after the 2020 incident. She claims that the insults from the authority figure left her son with PTSD, making him fear he would be hurt after one of the officers was heard saying "I hope your momma let me beat you", the outlet continues. The settlement states that…
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