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TWO PROVIDENCE RESIDENTS pleaded guilty Tuesday to defrauding the state and federal government for roughly $450,000 over a two-decade period in U.S. District Court

Two-decade con yielded $450,000 until feds caught up to them

PROVIDENCE – U.S. District Court Judge John J. McConnell Jr. accepted the guilty pleas of a Rhode Island couple for defrauding the U.S. government...

CVS is Purdue’s largest listed creditor

NEW YORK – Purdue Pharma LP told a bankruptcy court it owes almost $100 million to pharmacy-benefit managers, drug distributors and state health departments in...
Purdue Pharma has filed for bankruptcy, hoping to avoid having to deal individually with more than 2,000 lawsuits stemming from the company's role in the opioid crisis. / BLOOMBERG NEWS FILE PHOTO/GEORGE FREY

OxyContin maker Purdue Pharma files for bankruptcy to wipe out 2,000...

WILMINGTON, Del. – Purdue Pharma LP filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S....
JASIEL F. CORREIA II, the mayor of Fall River, is facing new government allegations of extortion related to the granting process of marijuana dispensaries in Fall River, among other crimes. / COURTESY FALL RIVER

Fall River’s Correia now faces charges of extortion of marijuana dispensaries

FALL RIVER – Fall River Mayor Jasiel F. Correia II has been charged with a slew of new allegations from federal prosecutors that claim...
A WIND-DOWN company for Toys R Us-Delaware Inc. has sued the state Department of Labor and Training to recoup excess self-insurance funds the company had paid to the state following the company's shuttering and firing of employees in 2018, / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys R Us wind-down entity sues DLT for self-insurance funds

PROVIDENCE – The wind-down entity of Toys R Us-Delaware Inc. has sued the R.I. Department of Labor and Training, according to federal court documents...
PURDUE PHARMA and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company related to the opioid epidemic for $10 billion to $12 billion. Who should receive the settlement money? / BLOOMBERG NEWS FILE PHOTO/GEORGE FEY

Who should be paid with settlement money from opioid medication producers?

On Aug. 26 an Oklahoma judge ordered health care giant Johnson & Johnson to pay the state $572 million for costs incurred in the...
ASPEN AEROGELS' patent for aerogel composite with fibrous batting was found valid by a U.S. Court of Appeals.

U.S. Court of Appeals upholds Aspen Aerogels patent

NORTHBOROUGH, Mass. – The U.S. Court of Appeals for the Federal Circuit affirmed a 2018 decision by the U.S. International Trade Commission that determined...

Father and son jailed for fraudulent sales to defense subcontractor

PROVIDENCE – A Rhode Island businessman and his son received prison terms Wednesday after pleading guilty to fraudulently selling substandard titanium to a Connecticut...
THE JUMP BIKE program in Providence is being put on pause due to reports of the bikes being stolen. / PBN FILE PHOTO/CHRIS BERGENHEIM

Providence JUMP bike program temporarily pulled following vandalism and theft

PROVIDENCE – The JUMP bike program in Providence will temporarily go offline following reports of vandalism and theft of the bikes, the Providence Mayor’s...
ALEX AND ANI has voluntarily dismissed its lawsuit against Bank of America. Above, Alex and Ani founder and CEO Carolyn Rafaelian. / PBN FILE PHOTO/RUPERT WHITELEY

Alex and Ani dismisses lawsuit against BofA

PROVIDENCE – Alex and Ani LLC has voluntarily dismissed its lawsuit against Bank of America that alleged sexism, ageism and discriminatory lending practices. The...
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