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News
December 11, 2013

In the News Today – December 11, 2013

Lawsuits against Louisiana’s oil and gas producers are taking money out of the state’s economy – and away from working families – writes state representative Alan Seabaugh. Louisiana’s legal climate was ranked 49th in the nation in 2012 by an ILR survey. Houma Courier

German engineering company Bilfinger has agreed to pay $32 million to settle an FCPA investigation into its business practices in Nigeria. WSJ Risk & Compliance Journal

Merck will pay $27.7 million to settle lawsuits from hundreds of Fosamax users who claim the drug caused bones in the jaw to deteriorate. Reuters

The Senate confirmed Patricia Millett to the U.S. Court of Appeals for the District of Columbia Circuit, the first judge approved since the Senate altered its filibuster rules in November. The Senate also confirmed Rep. Mel Watt (D, N.C.) to lead the FHFA. Wall Street Journal ($)

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