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Nassar victims reach $380 mln settlement with USA Gymnastics, Olympic committee

The Wall Street Journal reported earlier on Monday that the settlement will cover claims brought by Olympic gold medalists including Simone Biles, Aly Raisman and McKayla Maroney, all of whom are among Nassar's most high-profile victims of sexual abuse.

Nassar victims reach $380 mln settlement with USA Gymnastics, Olympic committee

The Wall Street Journal reported earlier on Monday that the settlement will cover claims brought by Olympic gold medalists including Simone Biles, Aly Raisman and McKayla Maroney, all of whom are among Nassar's most high-profile victims of sexual abuse.

An outrage: Tong, others denounce Purdue Pharma and owners in Congressional bankruptcy hearing

An outrage: Tong, others denounce Purdue Pharma and owners in Congressional bankruptcy hearing FacebookTwitterEmail 1of9 “To permit non-debtors to abuse the bankruptcy process like this is an outrage, and Connecticut strongly encourages you to stop this abuse,” state Attorney General William Tong told a hearing of the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law.Cathy Zuraw / Hearst Connecticut Media file photoShow MoreShow Less 2of9 Connecticut Attorney General William Tong testifies during a hearing held by the House Judiciary Committee on Wednesday, July 28, 2021, in Washington, D.C.Contributed photoShow MoreShow Less 3of9 4of9 Alexis Pleus, founder and executive director of Truth Pharm, a Binghamton, N.Y.-based nonprofit focused on reducing the harms caused by substance use, testifies during a hearing held by the House Judiciary Committee on Wednesday, July 28, 2021, in Washington, D.C.Contributed photoShow MoreShow Less

Bankruptcy reform debate targets bad corporate actors, popular judges

5 Min Read (Reuters) - Lawmakers heard arguments on Wednesday in favor of amending laws to limit protections for non-bankrupt individuals through a company’s bankruptcy, a move prompted by concerns that members of the wealthy Sackler family who own Purdue Pharma LP may avoid accountability for their role in promoting opioid sales. A pharmacist holds a bottle OxyContin made by Purdue Pharma at a pharmacy in Provo, Utah. REUTERS/George Frey The hearing before the U.S. House of Representatives’ Judiciary’s Subcommittee on Antitrust, Commercial and Administrative Law came as Senator Elizabeth Warren, a Democrat from Massachusetts, along with Democratic Senators Dick Durbin of Illinois and Richard Blumenthal of Connecticut, as well as Democratic U.S. Representatives Jerry Nadler and Carolyn Maloney, both of New York, announced legislation in the House and Senate aimed at reforming certain areas of bankruptcy law.

An outrage: Tong, others denounce Purdue Pharma and owners in Congressional bankruptcy hearing

An outrage: Tong, others denounce Purdue Pharma and owners in Congressional bankruptcy hearing
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