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Russia fines Google for not blocking banned content – Ifax

MOSCOW (Reuters) – A Russian court on Monday fined Google 1.5 million roubles ($20,350) after finding it guilty of failing to block content banned in Russia, the Interfax news agency reported. Source: https://www.reuters.com/article/us-russia-alphabet-lawsuit/... More »

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WeWork directors seek to preserve right to sue owner SoftBank

(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp (9984.T) over an abandoned $3 billion tender offer for the of... More »

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SoftBank to go ahead with WeWork stock tender offer this week

NEW YORK/BANGALORE (Reuters) – SoftBank Group Corp (9984.T) will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company’s cofounder Adam Neumann, two people... More »

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Ben & Jerry’s is sued over ‘happy cows’ claim

(Reuters) – Ben & Jerry’s has been sued by an environmental advocate who said it deceived consumers by touting that the milk and cream it uses to make ice cream came exclusively from “happy cows.” In a complaint filed last week, James Ehlers said Ben & Jerry’s... More »

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Factbox: U.S. lawsuits take aim at vaping

(Reuters) – Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by U.S. health agency. Lawsuits on behalf of young consumers have been filed ... More »

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Oklahoma, J&J to wrap up first trial over opioid crisis

(Reuters) – Oklahoma’s attorney general is expected on Monday to urge a judge to find Johnson & Johnson responsible for flooding the market with painkillers and fueling the U.S. opioid epidemic, as the first trial in nationwide litigation over the drug crisis ... More »

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FX collusion scandal reaches Australia, class action launched

SYDNEY (Reuters) – An Australian law firm filed a class action lawsuit on Monday against five major international investment banks accusing them of colluding to rig foreign exchange rates during 2008-2013 to jack up profits at the expense of businesses and inv... More »

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Teva Pharm to pay Oklahoma $85 million to settle opioid claims

BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries Ltd said on Sunday it had agreed to pay an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped fuel the... More »

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Apple infringed three Qualcomm patents, jury finds

(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm last ye... More »

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Singapore police raid Wirecard office following FT reports

FRANKFURT/SINGAPORE (Reuters) – Singapore police raided the premises of German payments company Wirecard in the city state on Friday following a series of investigative reports in the Financial Times alleging fraud and creative accounting. The raid intensified... More »

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Several banks dismissed from U.S. metals price-fixing lawsuits

NEW YORK (Reuters) – A U.S. judge has dismissed five large banks from two antitrust lawsuits by investors alleging multi-year conspiracies to rig prices for hundreds of billions of dollars of transactions in the global silver and gold markets. U.S. District Ju... More »

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Washington insider Kavanaugh boasts conservative credentials

WASHINGTON (Reuters) – Brett Kavanaugh, the consummate Washington insider picked by President Donald Trump on Monday for a lifetime seat on the U.S. Supreme Court, has viewed business regulations with skepticism in his 12 years as a judge and taken conservativ... More »

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Former State Street executive faces U.S. fraud trial

BOSTON (Reuters) – A former executive at State Street Corp (STT.N) is set to face trial on U.S. charges that he participated in a scheme to defraud the bank’s clients by charging them secret commissions on billions of dollars in trades. Jury selection is sched... More »

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‘Sesame Street’ creators sue backer of raunchy puppet film

LOS ANGELES (Reuters) – The creators of “Sesame Street” have filed a lawsuit against the distributor of an upcoming raunchy Hollywood film “The Happytime Murders” to halt an advertising tagline that it claims falsely associates itself with the children’s telev... More »

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Brazil gymnastics coach accused of sexual abuse

SAO PAULO (Reuters) – A sexual abuse scandal is engulfing Brazilian gymnastics this week as a former national coach has come under investigation for allegedly abusing dozens of boys. The scandal in Brazil follows the sentencing of former USA Gymnastics team do... More »

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Arkansas sues opioid manufacturers for roles in epidemic

(Reuters) – Arkansas’ attorney general on Thursday joined the widening mass of litigation against opioid manufacturers, accusing three drugmakers of promoting addictive painkillers in ways that falsely denied or trivialized their risks. Arkansas Attorney Gener... More »

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Lindsay Lohan loses ‘Grand Theft Auto’ appeal

NEW YORK (Reuters) – New York State’s highest court on Thursday rejected Lindsay Lohan’s appeal accusing the maker of “Grand Theft Auto V” of invading her privacy, concluding that video game characters that the actress said were based on her did not resemble h... More »

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Former proxy solicitation firm employees face U.S. fraud trial

BOSTON (Reuters) – Four former employees at a firm that advises companies on shareholder votes will face trial on Monday in a case that prosecutors say shows how secret corporate information can be misused for purposes other than just insider trading. Federal ... More »

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Kanye West settles lawsuit over Saint Pablo tour cancellation

Kanye West. REUTERS/Lucas Jackson LOS ANGELES (Reuters) – Kanye West and Lloyd’s of London [SOLYD.UL] insurers have resolved a $10 million lawsuit over the rapper’s cancellation of his 2016 tour. A California federal court judge on Wednesday dismissed the laws... More »

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Justice Department says Mueller probe lawful

FILE PHOTO: Robert Mueller testifies before the House Judiciary Committee hearing on Federal Bureau of Investigation oversight on Capitol Hill in Washington June 13, 2013. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – The U.S. Justice Department has ba... More »

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New York accuses Insys of deceptively marketing opioid

FILE PHOTO: A box of the Fentanyl-based drug Subsys, made by Insys Therapeutics Inc, appears in an undated photograph provided by the U.S. Attorney’s Office for the Southern District of Alabama. U.S. Attorney’s Office for the Southern District of Alabama/Hando... More »

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AbbVie wins U.S. trial in lawsuit over AndroGel’s risks

FILE PHOTO: A trader works by the post that trades AbbVie on the floor of the New York Stock Exchange March 5, 2015. REUTERS/Brendan McDermid (Reuters) – A federal jury in Chicago on Friday found AbbVie Inc (ABBV.N) not liable in a lawsuit by an Arizona man wh... More »

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Actor Casey Affleck withdraws as 2018 Oscar presenter

FILE PHOTO: Casey Affleck arrives for the 89th Academy Awards, Oscars Red Carpet in Hollywood, California, U.S. February 26, 2018. REUTERS/Mario Anzuoni/File Photo LOS ANGELES (Reuters) – Oscar-winning Casey Affleck, who has been accused of sexual harassment b... More »

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Delaware sues opioid manufacturers, distributors over epidemic

FILE PHOTO: A pharmacist holds prescription painkiller OxyContin, 40mg pills, made by Purdue Pharma L.D. at a local pharmacy, in Provo, Utah, U.S. on April 25, 2017. REUTERS/George Frey/File Photo (Reuters) – Delaware on Friday became the latest state to file ... More »

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U.S. Supreme Court takes up challenge to SEC in-house judges

FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, DC, U.S., June 24, 2011. REUTERS/Jonathan Ernst/File Photo (Reuters) – The U.S. Supreme Court on Friday agreed to hear a challenge to a key... More »

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Massachusetts hedge fund manager pleads guilty to fraud

BOSTON (Reuters) – A Massachusetts hedge fund manager pleaded guilty on Tuesday after prosecutors accused him of misusing millions of dollars from investors to pay for lavish personal expenses like a sports car and to engage in a Ponzi-like scheme. Yasuna Mura... More »

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U.S. judge tosses verdict against AbbVie in AndroGel case

FILE PHOTO — A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange July 18, 2014. REUTERS/Brendan McDermid/File Photo (Reuters) – A U.S. judge on Friday overturned a $150 million verdict against AbbVie In... More »

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Ocular Therapeutix gets subpoena from SEC over eye pain drug

(Reuters) – Ocular Therapeutix Inc said on Friday the U.S. Securities and Exchange Commission (SEC) had issued a subpoena seeking information about the company’s eye-pain drug Dextenza. Shares of the company were down 7.2 percent at $4.25 in after-marketing tr... More »

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In victory for Trump, judge tosses suit on foreign payments

FILE PHOTO: U.S. President Donald Trump celebrates with Vice President Mike Pence and Congressional Republicans after the U.S. Congress passed sweeping tax overhaul legislation on the South Lawn of the White House in Washington, U.S., December 20, 2017. REUTER... More »

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Roche, Shire court fight escalates over haemophilia drug

FILE PHOTO: The logo of Swiss pharmaceutical company Roche is seen outside their headquarters in Basel, Switzerland, January 30, 2014. REUTERS/Ruben Sprich/File Photo ZURICH (Reuters) – Roche’s patent dispute with London-listed Shire over the Swiss drugmaker’s... More »

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Drug industry group sues to stop California drug price law

(Reuters) – The trade group representing U.S. drugmakers on Friday said it has a filed a lawsuit to stop California from implementing a law aimed at reining in prescription drug prices. The Pharmaceutical Research and Manufacturers of America (PhRMA), in a sta... More »

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Kobe Steel loses JIS certifications, faces lawsuits in Canada

FILE PHOTO: The logo of Kobe Steel (Kobelco) is seen at the company headquarters in Kobe, western Japan October 24, 2017. REUTERS/Thomas White/File Photo TOKYO (Reuters) – Kobe Steel Ltd (5406.T) said on Friday it has been hit with lawsuits over its data tampe... More »

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Uber’s use of encrypted messaging may set legal precedents

FILE PHOTO: Uber’s logo is pictured at its office in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyung-Hoon/File Photo SAN FRANCISCO (Reuters) – Top executives at Uber Technologies Inc used the encrypted chat app Wickr to hold secret conversations, current an... More »

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Qualcomm files new patent infringement complaints against Apple

A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake (Reuters) – Qualcomm Inc (QCOM.O) said on Thursday it ... More »

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Canadian charged in Yahoo hacking case to plead guilty in U.S.

A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code and keyboard on December 15, 2016. REUTERS/Dado Ruvic/Illustration (Reuters) – A Canadian accused by the United States of helping Russian intelligence agents break into ... More »

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U.S. patent review board becomes conservative target

FILE PHOTO: Demonstrators supporting the organization U.S. Inventors burn patents in front of the U.S. Patent and Trademark Office during a protest in Alexandria, Virginia, U.S. on August 11, 2017. REUTERS/Jan Wolfe/File Photo NEW YORK(Reuters) – In August, a ... More »