Category: damages
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HPE vows to pursue £3bn damages claim against Mike Lynch’s estate following tycoon’s death
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Hewlett Packard Enterprise (HPE) has pledged to pursue a £3bn claim against the estate of Mike Lynch, the founder of British software company Autonomy, after his death aboard the luxury yacht Baysian off the coast of Sicily. The tech mogul and his 18-year-old daughter Hannah were among the seven victims…
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Fire at Rivian’s Illinois plant damages multiple EVs, no injuries reported By Reuters
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(Reuters) – U.S. startup Rivian Automotive said on Sunday a fire broke out in the parking lot of its manufacturing facility in Normal, Illinois, late on Saturday, damaging several of its electric vehicles. No injuries were reported and the cause of the fire is under investigation, a company spokesman told…
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Fire at Rivian’s Illinois plant damages multiple EVs, no injuries reported By Reuters
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(Reuters) – U.S. startup Rivian Automotive said on Sunday a fire broke out in the parking lot of its manufacturing facility in Normal, Illinois, late on Saturday, damaging several of its electric vehicles. No injuries were reported and the cause of the fire is under investigation, a company spokesman told…
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Abbott Labs falls after jury awards plaintiff $495M in damages in baby formula case
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LPETT Update at 8:10 PM: Damage update, adds Abbott’s comment. Abbott Laboratories (New York:ABT) decreased by 5% In after-hours trading after a St. Louis jury awarded a plaintiff $495 million in damages and penalties over allegations that the company’s infant formula caused A potentially fatal bowel disease. Margo Gill, an…