Blow

Reckitt Benckiser Group Plc Faces Historic Blow as Enfamil Baby Formula Verdict Shakes Stock Market

by

(Chicago, Illinois) Consumer goods company Reckitt Benckiser Group Plc saw a drastic 15% drop in its stock following a jury’s decision to award an Illinois woman $60 million in damages. The verdict, which came in the first trial of its kind in the United States, stated that Reckitt Benckiser’s Enfamil baby formula was responsible for the death of the woman’s premature baby. This significant blow resulted in the company’s stock closing at its lowest level in a decade, erasing a staggering £5.4 billion ($6.9 billion) in market value. The ruling carries considerable implications for Reckitt … Read more

Philadelphia Jury Awards Historic $2.25 Billion in Roundup Cancer Case, Dealing Blow to Bayer

by

Philadelphia, Pennsylvania – Last year, a Philadelphia jury made headlines by awarding $2.25 billion in damages in a case that linked the popular Monsanto weed killer, Roundup, to a cable technician’s blood cancer. This verdict marked the largest in the ongoing litigation surrounding the controversial herbicide. Corporate parent Bayer had already allocated over $10 billion in 2020 to settle approximately 125,000 cases, many of which were consolidated in California. Initially, Bayer found success in winning nine individual lawsuits that went to trial in 2021. However, the tide turned when juries began to deliver substantial awards … Read more

Landmark Verdict Delivers a Blow to Free Speech: Columnists Targeted in Controversial Climate Dissent Case

by

Houston, TX – A million-dollar jury verdict against columnists has raised concerns regarding its potential impact on climate dissent. The verdict was reached in a defamation lawsuit filed by a climatology professor at Texas Tech University, who claimed that two columnists had damaged his reputation and career through false statements undermining his research on climate change. The case brought to light the debate surrounding free speech and the delicate balance between expressing dissenting views and spreading misinformation. While the lawsuit was focused on the specific statements made by the columnists, it has sparked wider discussions … Read more

PacifiCorp Faces Devastating Blow as Jury Hands Down $62 Million Verdict for 2020 Wildfire Damage

by

PORTLAND, Oregon – PacifiCorp, an electric power company operating in the western United States, has been hit with another substantial damage award of $62 million by a jury for causing wildfires in 2020. The wildfires, which ravaged parts of Oregon, were found to be a result of the company’s negligence. This latest award adds to the financial burden on PacifiCorp, as it has already faced significant costs for previous wildfire-related damages. The jury’s ruling comes as a blow to PacifiCorp, which has been grappling with the consequences of its role in the wildfires. The company … Read more