Monsanto Fights To Get $289M Verdict Tossed Or A New Trial

The Roman Catholic Diocese of Brooklyn and a local after-school program have agreed to pay $27.5 million to end a suit in New York state court from four males who say they were abused by a local church worker as children, the plaintiffs' attorneys said Tuesday.

Just one day after Senate Judiciary Chairman Chuck Grassley, R-Iowa, announced a hearing on the sexual assault allegations against U.S. Supreme Court nominee Judge Brett Kavanaugh, plans for the event appear to be in disarray after Democrats and the judge’s accuser called for a delay.

A California federal judge on Tuesday expressed skepticism about Harvey Weinstein's bid to dismiss actress Ashley Judd's suit alleging he engaged in a smear campaign that kept her from being cast in "The Lord of the Rings" because she rebuffed his sexual advances, saying the disgraced film producer's arguments about the facts seem premature.

Pac-12 commissioner Larry Scott defended his $4.5 million annual salary Tuesday during a landmark antitrust trial over the NCAA's limits on student compensation, while also warning that paying student-athletes would confuse fans and broadcasters about amateur sports and disrupt the makeup of college athletic conferences.

Two former Deutsche Bank AG traders on Tuesday urged a Manhattan federal jury to reject accusations of rigging the London Interbank Offered Rate, claiming prosecutors are attempting to hold them to an unfair standard which was nonexistent during the time in question.

Biomedical firm Clovis Oncology Inc. and two of its executives will pay more than $20 million in penalties to resolve U.S. Securities and Exchange Commission claims that the company misled investors about the efficacy of its developmental lung cancer drug, the agency said Tuesday.

Lawyers for former Skadden Arps Slate Meagher & Flom LLP partner Gregory Craig denied Tuesday that he put a controversial report involved in the Paul Manafort prosecution in the hands of U.S. officials.

Antiquated infrastructure and a lack of leak prevention and safety practices led to last week’s gas explosions in three communities north of Boston, killing one person and displacing thousands, according to a $50 million proposed class action filed Tuesday in Massachusetts state court seeking to hold the utility company responsible.

Tesla said Tuesday that the U.S. Department of Justice is investigating CEO Elon Musk's August tweet suggesting he was poised to take the electric-car maker private, a comment that caused an uproar and the company's stock to soar before Musk made an abrupt about-face under pressure. 

Europe’s competition watchdog said Tuesday that it has opened an in-depth investigation into allegations that German automakers Volkswagen AG, BMW AG and Daimler AG colluded to limit the development and implementation of certain emissions control systems.

Shared workspace provider WeWork Cos. Inc. has agreed to curtail its use of noncompete agreements, with some workers receiving full releases from agreements they signed and others having the terms of their noncompetes streamlined, the attorneys general of New York and Illinois announced Tuesday.

Visa, Mastercard and several major banks will shell out up to another $900 million on top of $5.3 billion already paid to resolve a major chunk of an antitrust multidistrict litigation over card-swiping fees, in a New York federal court class action settlement with merchants announced on Tuesday.