Tag Archives: Billion

California Stem Cells, 'Rapture' and a $5 Billion Bond Measure

This past weekend brought news about a "rapturous agreement among Republicans and Democrats" to support development of new therapies by financing biomedical research with billions of dollars.The New York Times article indicated that the rapture could have something to do … Continue reading

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Tracking the $3 Billion California Stem Cell Agency Month by Month

Directors of the California stem cell agency plan to meet 12 times during the coming year, including four valuable face-to-face sessions that are likely to be based at its Oakland headquarters.Valuable because those sessions offer an opportunity to chat directly … Continue reading

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Petrobras Settles U.S. Securities Suit Based on Corruption-Related Allegations for $2.95 Billion

In one of the largest U.S. securities class action lawsuit settlements ever, the Brazilian-based energy company Petrobras has agreed to settle the bribery and corruption-related securities class action lawsuit pending against the company in the Southern District of New York … Continue reading

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Uber Sells Stake to SoftBank, Valuing Ride-Hailing Giant at $48 Billion

The deal is a notable drop from the $70 billion valuation Uber once commanded, and is a humbling coda on a rough year for the company, which has been rocked by a series of scandals. Read more detail on Recent … Continue reading

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Whistleblowers Save Taxpayers $3.4 Billion

Last week, the Department of Justice announced that it collected $3.7 billion in settlements and judgements from False Claim Act (FCA) cases against the government in 2017. The FCA is a statute that allows individual whistleblowers, called relators in this context, … Continue reading

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