Johnson & Johnson paid $2.5 billion in damages to a group of women who claimed they developed ovarian cancer for using the company’s talcum powder. Stryker Corp. paid $1.425 billion to cover the costs of settling claims it was peddling defective metal hip replacement parts. These are just a couple of examples of actions in an arena in which corporations are held accountable for causing harm to their customers: product liability lawsuits. These kinds of court cases are the latest category of class-action and multi-district litigation to be added to Good Jobs First’s popular corporate misconduct database, Violation Tracker.
A group of organizations from across the political spectrum today applauded the introduction of the Honesty in Economic Development Act in Illinois (SB 3038) sponsored by Sen. Robert Peters and Rep. Will Guzzardi. The bill would ban non-disclosure agreements (NDA) in economic development deals, eliminating a tactic that allows businesses to hide their lobbying and muzzle politicians and government staffers as the firms extract public subsidies from the government without the knowledge or input of local residents.
Good Jobs First today revealed that Amazon.com, Inc. has located at least 171 of its newest or soon-to-open warehouses in Opportunity Zones (OZs), where they may create huge capital gains tax breaks for Amazon and/or other investors. It is part of a massive pandemic-fueled expansion by the online giant, which grew from 473 sites from the end of 2019 to 1,237 by December 2021.
Most states are failing to provide a full and complete picture of how they have been spending billions of dollars in assistance provided by Congress to help their residents recover from the financial burdens caused by COVID-19 pandemic. In fact, just six states do it well: Alabama, Georgia, Illinois, Massachusetts, Michigan, and Wyoming. Eight states and the District of Columbia fail to disclose any meaningful information online.
Penalties imposed by UK government regulators in environmental and safety cases trail far behind fines and settlements for financial and competition-related offenses. Nineteen companies have each paid competition or financial penalties of £100 million or more. But no company has paid that much solely for environmental or safety offenses, many of which carry no monetary penalties at all.
These are among the revelations made possible by Violation Tracker UK, a new database of regulatory enforcement actions.