After a month-long review of nationwide participation, opioid manufacturer Johnson & Johnson and the U.S.’s three largest opioid distributors- AmerisourceBergen, Cardinal Health and McKesson- agreed today to move forward with combined $26 billion settlements.
Legal publication Law360 recognized Motley Rice as a 2021 Practice Group of the Year in the Product Liability. Only five firms nationwide received the award.
Law360 recognized Motley Rice’s Securities and Consumer Fraud team as a 2021 Practice Group of the Year today, citing the firm’s role in negotiating an $809.5 million settlement for Twitter, Inc. shareholders. Other case involvement, such as leadership in the multidistrict litigation over the Blackbaud data breach and the resolution of litigation filed for SCANA Corp. shareholders.
Former Boy Scouts who timely filed Proofs of Claim have until 4 p.m. EST on Dec. 28, 2021 to vote on a proposed $1.6 billion settlement in the pending Boy Scouts of America Chapter 11 Bankruptcy. If approved, the settlement will be one of the largest in U.S. history for sexual abuse survivors, resolving legal claims alleging the organization neglected to protect children from known abusers and partook in a nationwide cover up to hide widespread abuse.
In a rare move, the Flemish Environmental Inspectorate of the Department of Environment together with the Flemish Agency for Health and Safety issued an administrative safety order to compel temporary cessation of all production processes of 3M Company’s industrial facility in Zwijndrecht, near Antwerp, Belgium, suspected of emitting polyfluoroalkyl substances (PFAS) into the environment (air, soil or water).
Plaintiffs alleging software company Blackbaud Inc. failed to secure or protect the private information of tens-of-thousands of its clients, leading to a ransomware attack affecting millions, defeated Blackbaud’s third motion to dismiss on Oct. 19, 2021.
AmLaw Litigation Daily featured Motley Rice securities fraud attorney Lance Oliver in its Litigators of the Week column Sept. 24, 2021 following the announcement of a proposed $809 million settlement that, if approved, will be the largest securities fraud settlement in U.S. history against a social media company.
Motley Rice LLC is proud to announce four new members. This class of new member attorneys possesses experience throughout the firm’s practice areas, including occupational disease, securities fraud, consumer fraud, whistleblower, defective medical devices and opioid litigation.
Motley Rice LLC negotiated a settlement resolving litigation against Twitter, Inc. and two former senior executives. The preliminary settlement came the Friday before jury selection was scheduled to begin on Monday Sept. 20, 2021. The case would have been a rare event – a securities fraud class action jury trial. Shareholders alleged that the social media giant misrepresented its daily user growth in 2015 to inflate its stock price.
The Flemish Region of Belgium on September 14 served a Notice of Default against 3M Belgium and 3M Company alleging the company violated the nation’s Environmental Act and possibly international laws by discharging per- and polyfluoroalkyl substances (PFAS), or perflourinated chemicals from its industrial facility in Zwijndrecht, near Antwerp, Belguim, causing extensive environmental contamination. The Minister of Justice and Enforcement, Environment, Energy and Tourism of the Flemish Government formally issued today’s notice both in Belgium and at 3M Company’s headquarters in the State of Minnesota.