Missouri Lawyers Media Missouri legal news and public notices

GlaxoSmithKline Plc will pay $105 million to settle claims by Missouri and more than 42 other states that it illegally promoted asthma and antidepressant drugs.

McGraw Hill Financial Inc.’s Standard & Poor’s unit lost its bid to consolidate state claims that it lied about the objectivity of its ratings in the run-up to the 2008 financial crisis, forcing it to fight lawsuits in 18 state courts.

Pennsylvania, the last northeastern state to prohibit gay marriage, will let a judge’s ruling end the ban without a fight as Gov. Tom Corbett follows others in conceding court losses.

The U.S. charged five Chinese military officials with economic espionage and other offenses linked to computer hacking of U.S. nuclear power, metals and solar industries.

General Motors Co. will pay a record $35 million fine as part of the U.S. government’s investigation into how it handled the recall of 2.59 million small cars over faulty ignition switches, the Transportation Department said.

Federal Communications Commission Chairman Tom Wheeler Thursday said “the prospect of a gatekeeper choosing winners and losers on the Internet is unacceptable.”

Former SAC Capital Advisors hedge fund manager Michael Steinberg was sentenced to 3 1/2 years in prison for insider trading, capping one of the biggest victories for prosecutors who spent seven years investigating the hedge fund and its boss, Steven A. Cohen.

The Commodity Futures Trading Commission is reviewing U.S. banks’ steps to restructure overseas swap trading as part of an examination of whether the companies might be evading Dodd-Frank Act rules.

Members of the U.S. Senate Banking Committee said they’d keep working to overhaul the housing-finance system after casting a narrow vote to advance a bill that would wind down Fannie Mae and Freddie Mac.

U.S. authorities are seeking more than $3.5 billion from BNP Paribas SA to settle federal and state investigations into the lender’s dealings with sanctioned countries including Sudan and Iran, according to people familiar with the matter.

Warren Buffett, the world’s third-richest man, said requiring disclosure of more executives’ salaries could hurt shareholders.