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Jef Feeley

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PURDUE PHARMA has reportedly won the backing of about half of U.S. states and territories for a proposed $12 billion settlement. / BLOOMBERG NEWS FILE PHOTO/GEORGE FREY

Purdue wins backing of 23 states for opioid settlement, R.I. not...

WILMINGTON, Del. – Purdue Pharma LP won the backing of about half of U.S. states and territories for a proposed settlement of claims it...
PURDUE PHARMA's negotiations with state Attorneys General have reportedly stalled. / BLOOMBERG NEWS FILE PHOTO/GEORGE FEY

Purdue opioid settlement talks stall over Sacklers’ cash

NEW YORK – Purdue Pharma LP’s settlement talks over the drugmaker’s opioid painkillers have stalled over how much money the family that owns the...
A FEDERAL JUDGE has decided makers and distributors of opioid painkillers must face lawsuits claiming they banded together to wrongfully push sales of the addictive pills ahead of the first federal trial on the matter expected to take place next month. / BLOOMBERG NEWS FILE PHOTO/DHIRAJ SINGH

Big pharma ordered to face cities’ opioid-conspiracy claims

WILMINGTON, Del.  – Johnson & Johnson, Cardinal Health Inc. and other makers and distributors of opioid painkillers must face lawsuits claiming they banded together...
JOHNSON & JOHNSON shares rose as much as 5% after an Oklahoma judge ordered the company to pay $572 million to the state for the public-health crisis spawned by opioid painkillers. Oklahoma had sought as much as $17.5 billion. / BLOOMBERG NEWS FILE PHOTO

J&J shares rise as Oklahoma opioid fine seen less than expected

WILMINGTON, Del. – Johnson & Johnson shares rose as much as 5% after an Oklahoma judge ordered the company to pay far less than...
MCKESSON CORP., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the United States opioid epidemic. / BLOOMBERG NEWS FILE PHOTO/DHIRAJ SINGH

Opioid distributors propose $10B to end state claims

WILMINGTON, Del. – McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the...

Insys files for bankruptcy, overcome by opioid liabilities

NEW YORK – Insys Therapeutics Inc. filed for bankruptcy protection after agreeing to pay hundreds of millions of dollars to settle a related probe...
CVS HEALTH CORP. IS BEING SUED over its co-pay pricing. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

CVS Health is sued over `clawbacks’ of prescription copays

PROVIDENCE - CVS Health Corp. was sued by a California woman who accused the drugstore operator of charging customers copayments for certain prescription drugs...

Facebook investors criticize Andreessen for conflict of interest

Earlier this year, Facebook Inc.'s Mark Zuckerberg came to his shareholders with a big question: would they approve him maintaining voting control of the...
The International Union of Operating Engineers Local 132 claims that Media General Inc.'s acquisition of LIN Media LLC was structured to unfairly benefit one of the shareholders, HM Capital Partners LLC. The pension fund is asking a judge to block the deal so long as HM Capital can receive different consideration than other LIN shareholders.

LIN Media investor sues to challenge Media General buyout

WILMINGTON, Del. – LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly...

Wells Fargo’s directors ordered to face foreclosure claims

WILMINGTON, Del. - Directors of Wells Fargo & Co., the largest U.S. mortgage lender, must face investors’ claims the bank failed to properly disclose...
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