60M

Justice Served: Jury Awards $60M to Man Wrongfully Accused by Disgraced Prosecutor in Shocking Misconduct Case

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DETROIT — A jury awarded nearly $60 million to a man who alleged that a former Michigan prosecutor and a police officer infringed on his civil rights during a misconduct case that was ultimately dismissed by the state attorney general. The verdict underscores the rarity of successful lawsuits against prosecutors due to their significant legal immunities. The jury found that Brian Kolodziej, a former assistant attorney general, and state police Lieutenant David Busacca acted with “intentional, deliberate, or reckless disregard for the truth” while pursuing sexual abuse charges against Sean MacMaster. The jury’s decision included … Read more

Supio Secures $60M in Series B Funding to Propel Legal AI Forward in Plaintiff Law

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In Palo Alto, California, Supio has unveiled a $60 million Series B funding round aimed at advancing the integration of artificial intelligence in plaintiff law. This capital infusion comes as the legal industry increasingly seeks innovative solutions to enhance efficiency and decision-making in a landscape traditionally reliant on manual processes. The latest round of funding is led by prominent investment firms, reflecting growing confidence in the potential of AI to transform legal practices. Supio plans to utilize the investment to enhance its technological capabilities, expedite product development, and broaden its market reach. The funds are … Read more

Abbott and Reckitt Benckiser Clash in Court: $60M Verdict Over Enfamil Baby Formula

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NORTH CHICAGO, ILLINOIS – Abbott Laboratories saw a decline in its stock price on Friday following a jury verdict in an Illinois state court. The jury ordered rival company Reckitt Benckiser’s Mead Johnson unit to pay $60 million over allegations that a premature child died after consuming the company’s Enfamil baby formula. This verdict represents the first trial outcome among the hundreds of lawsuits filed against both Reckitt Benckiser and Abbott, all claiming that their baby formulas caused a gastrointestinal disease called necrotizing enterocolitis (NEC) in children. Abbott’s stock dropped approximately 4% after the news, … Read more