Patterson Belknap Webb & Tyler LLP’s employment law head, Lisa E. Cleary, was named co-chairwoman and managing partner of the firm. She succeeds Robert P. LoBue, who was co-chairman and managing partner, and joins William F. Cavanaugh Jr. as co-chairman.
A Novartis AG pharmaceuticals unit was ordered to pay a group of 5,600 female employees punitive damages of $250 million, the largest ever employment discrimination verdict according to data compiled by Bloomberg.
The U.S. Supreme Court’s rejection of a nationwide class action for female workers suing Wal-Mart Stores Inc. doesn’t foreclose the ability of employees to bring similar suits for many other types of claims against companies.
Bank of America Corp. is impeding an investigation of its loan modification practices by negotiating settlements with borrowers who must agree to keep them secret and not criticize the bank in exchange for cash payments and loan relief, Arizona officials say.
The U.S. Supreme Court gave the country’s largest companies a new shield from multibillion- dollar lawsuits, as the justices rejected a bid to sue Wal-Mart Stores Inc. on behalf of more than a million female workers.
Pfizer Inc. the world’s largest drugmaker, won’t face class-action lawsuits by health-insurance companies and patients on claims it improperly marketed the epilepsy drug Neurontin for unapproved uses, a judge ruled.