Sprint Nextel agreed to a $131 million settlement to resolve shareholder allegations that complications following Sprint’s acquisition of Nextel resulted in a significant drop in stock value.
The use of anticoagulant Pradaxa by those suffering from afib has been linked to serious side effects and even fatal bleeding.
A $143 million private-equity buyout was preliminarily enjoined because the court found that the proxy statement issued ahead of the shareholder vote contained misleading information and omitted material information about the transaction.
Hospira settled for $60 million in this securities fraud case alleging that the company misrepresented the condition of its largest manufacturing facility, thereby falsely inflating its stock value.
FDA warns that SGLT2 inhibitors, prescribed to type 2 diabetics to help control blood sugar levels, have been linked to serious side effects, including sudden kidney failure and diabetic ketoacidosis (DKA).
When corporations allegedly misrepresent their compliance with mandated environmental regulations, the consequences may come at a cost to shareholders. As is the case in the events that followed Barrick Gold purchasing the Pascua-Lama gold mine.
The Motley Rice aviation team represents families of Malaysia Airlines flight MH370 victims, and is investigating the legal responsibility that the companies involved may have to them.
Following the terrorist attacks of 9/11, Motley Rice launched a worldwide discovery effort revealing numerous security shortcomings and related to our efforts in In re September 11 Litigation, including Bavis v. United Airlines.
As an insurer for former asbestos manufacturers, including Johns-Manville, Travelers inappropriately fought against making payments to asbestos victims that were due from the Travelers insureds.
Motley Rice vehicle defect attorneys represent hundreds of owners and lessees of Volkswagen diesel cars with emission systems designed to deceive regulators and defraud consumers.
The use of antidepressant medication Zoloft® may be linked to serious and potentially fatal birth defects when taken during pregnancy.