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42 States, J&J Finalize $700M Settlement Over Talc Marketing

Attorneys general in 42 states said they finalized a $700 million settlement with Johnson & Johnson over the marketing of its talcum powder products. The settlement, announced in principle in January, resolves an investigation by the states and Washington D.C. … Source: Claims Journal

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ATI Names Patane Vice President of Insurance and TPA Services

ATI Restoration LLC, a disaster recovery and remediation service provider, promoted Vince Patane to vice president of insurance and TPA Services. This is a new role for the company that respresents a shift towards balancing its commercial and residential portfolios. … Source: Claims Journal

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Cancer Victims Ask Court to Block J&J Talc Bankruptcy

A group of cancer victims asked a federal judge to block Johnson & Johnson’s proposed bankruptcy settlement of tens of thousands of lawsuits alleging the company’s baby powder and other talc products caused their illnesses, according to a court filing. … Source: Claims Journal

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Terraform to Pay $4.47 Billion to Settle SEC Fraud Case

Terraform Labs Pte. will pay $4.47 billion to resolve a US Securities and Exchange Commission lawsuit over the firm’s 2022 collapse, which wiped out $40 billion in investor assets and shook the cryptocurrency world. The SEC on Wednesday asked a … Source: Claims Journal

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