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Judge halves $1 billion award in J&J hip implants case

January 4, 2017 by · Leave a Comment 

U.S. District Judge Ed Kinkeade in Dallas cited “constitutional considerations” that limit how much plaintiffs may recover in punitive damages but upheld the jury's findings that the implants were defectively designed and that the companies failed to warn consumers about the risks. Around $500 million of punitive damages would be cut from the more than $1 billion awarded to the plaintiffs who are California residents that were implanted with the hip devices and experienced tissue …

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Judge halves $1 billion award in J&J hip implants case

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U.S. judge delays court hearing on Volkswagen 3.0-liter diesels

November 30, 2016 by · Leave a Comment 

U.S. District Judge Charles Breyer on Tuesday delayed a court hearing set for Wednesday on Volkswagen AG's plan to address 80,000 polluting Audi, Porsche and VW 3.0-liter vehicles. Reuters reported on Nov. 15 that VW had reached an agreement with U.S. regulators for a mix of buybacks and fixes for the 80,000 vehicles, but still needed to reach agreement on other issues including compensation for owners. The agreement includes a buyback offer for about 20,000 older Audi and VW SUVs and a software fix for 60,000 newer Porsche, Audi and VW …

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U.S. judge delays court hearing on Volkswagen 3.0-liter diesels

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Citigroup fails to halt AT&T use of ‘thanks’

August 12, 2016 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – A judge on Thursday rejected Citigroup Inc's bid for a preliminary injunction to stop AT&T Inc from using the phrase “AT&T thanks” on a customer loyalty program, which the bank called too similar to its trademarked “thankyou.” U.S. District Judge Katherine Forrest in Manhattan said Citigroup has not shown that customers would likely be confused, or that it would suffer irreparable harm, if AT&T kept saying “AT&T thanks” while the bank&#…

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Citigroup fails to halt AT&T use of ‘thanks’

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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

August 1, 2016 by · Leave a Comment 

A federal judge has thrown out a verdict requiring Apple Inc to pay VirnetX Holding Corp $625.6 million for infringing four patents relating to Internet security technology, causing VirnetX's share price to plunge. In a decision late Friday, U.S. District Judge Robert Schroeder in Tyler, Texas said it was unfair to Apple that two

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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

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U.S. Judge extends VW diesel emissions settlement deadline

June 16, 2016 by · Leave a Comment 

A U.S. judge late on Wednesday extended the deadline for Volkswagen AG , U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles to reach a final diesel emissions settlement until June 28. The tentative settlement announced in April includes…

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U.S. Judge extends VW diesel emissions settlement deadline

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Supreme Court rejects Apple e-books price-fixing appeal

March 7, 2016 by · Leave a Comment 

By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as …

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Supreme Court rejects Apple e-books price-fixing appeal