Jury award

Abbott Must Pay $495 Million In Premature Infant Formula Trial, Jury Finds

Jul 28, 2024

A jury on Friday found that Abbott Laboratories’ specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease, ordering the healthcare company to pay $495 million in damages. The verdict in St. Louis, Missouri state court marks the first trial against the company among hundreds of similar claims over the…
Judge Cuts Bayer $2.25 Billion Roundup Verdict To $400 Million

Jun 5, 2024

On Tuesday, a Pennsylvania judge reduced a $2.25 billion U.S. verdict against Bayer (BAYGn.DE) to $400 million. This decision involved a Pennsylvania man, John McKivison, who claimed he developed cancer from exposure to the company’s Roundup weedkiller. A jury in the Philadelphia Court of Common Pleas determined that McKivison’s non-Hodgkins lymphoma resulted from using Roundup…
Shopify Wins Reversal Of $40M Web-Tech Patent Verdict

May 21, 2024

Canadian e-commerce platform Shopify (SHOP.TO) convinced a Delaware federal court to overturn a jury’s decision that required the company to pay $40 million in damages for infringing patents related to website-building technology. U.S. District Judge Richard Andrews announced on Friday that there was insufficient evidence to support the jury’s findings that Shopify infringed the patents,…

Abbott Must Pay $495 Million In Premature Infant Formula Trial, Jury Finds