Million

Consumer Giant Reckitt Plunges as Jury Awards $60 Million Verdict in Formula Saga

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LONDON – Reckitt, a global consumer goods company headquartered in London, experienced a significant decline in its stock value following a jury verdict that ordered the company to pay $60 million. The verdict stemmed from a lawsuit over the formula of one of Reckitt’s products. The lawsuit alleged that Reckitt’s formula was misleadingly marketed as providing certain benefits that it didn’t actually deliver. The product in question, which was not specified, was said to have been advertised as having a specific effect, but the jury found that it did not live up to these claims. … Read more

Landmark Verdict: $25 Million Awarded to Victim in Child Abuse Lawsuit Against New Jersey’s Division of Child Protection

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New Brunswick, New Jersey – A Middlesex County jury has awarded a $25 million verdict against the state’s Division of Child Protection and Permanency (DCCP) in a “horrific” case of child sexual abuse in foster homes. The verdict was reached on March 12 after a trial that began on Feb. 20 and was presided over by Superior Court Judge Patrick Bradshaw. The awarded amount was subsequently reduced to $12 million in accordance with an agreement between the lawyers involved. Representing the victim, Matt Bonnano of Rebenack Aronow & Mascolo stated that this was the first … Read more

Avon Man Awarded $42 Million in Landmark Verdict Against Tesla in Motorcycle Crash Lawsuit

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Indianapolis, Indiana – An Avon man has been awarded over $42 million by a Marion Superior Court jury for the serious injuries he sustained in a 2017 motorcycle crash involving a Tesla Inc. employee. The verdict was reached on Wednesday, holding Tesla Inc. and its employee, Kyle Kaszuba, responsible for the accident that resulted in severe injuries to motorcyclist Chris Dugan. The jury found Kaszuba to be 70% responsible for the crash, while Dugan was deemed 30% responsible. According to court records, the collision occurred on Rockville Road in 2017 when Kaszuba, a Tesla service … Read more

Landmark Ruling: $200 Million Damages Awards Against Syntel Vacated in Trade Secret Case, Judge Rules

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NEW YORK, NY – In a significant legal development, a federal judge in New York City has overturned approximately $200 million in damages awarded to TriZetto, an affiliate of Cognizant, in a high-profile trade secret misappropriation and copyright infringement case against Syntel. The ruling, issued on Wednesday, marks a major setback for TriZetto and highlights the complex nature of such legal disputes. The lawsuit, which accused Syntel of stealing trade secrets and infringing on TriZetto’s copyrights, had resulted in a substantial financial victory for TriZetto. However, the judge’s decision to vacate the damages awards has … Read more