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Legal

Johnson & Johnson will pay US$700 million to resolve baby powder marketing probe, report says

The pharmaceutical company will pay an estimated $700 million to resolve an investigation by more than 40 states into the pharmaceutical firm’s marketing of its talcum powder, according to Bloomberg, following thousands of lawsuits alleging it failed to warn customers about cancer risks.

  • By Ty Roush
  • Forbes Staff

FTX and Alameda executives plead guilty to fraud as Sam Bankman-Fried is extradited to US

Members of Sam Bankman-Fried’s inner circle are cooperating with federal authorities.

  • By Sarah Emerson
  • Forbes Staff
Sam Bankman-Fried speaking

Sam Bankman-Fried arrested in Bahamas as US files criminal charges, officials say

FTX founder Sam Bankman-Fried was arrested in the Bahamas after US prosecutors filed criminal charges, the US Department of Justice said.

  • By Joe Walsh
  • Forbes Staff
Elizabeth Holmes Attends Court Hearing As She Motions For New Trial

Elizabeth Holmes asks for only 18 months in prison after guilty verdict

Over 130 people, including former Theranos employees and investors, submitted letters to the court in Holmes’ support, her lawyers said.

  • By Marisa Dellatto
  • Forbes Staff
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