New York Files Suit Against Sackler Family, Lyft Readies Itself To Go Public

  • SACKLER SUIT: New York State announced Thursday that it will sue the Sackler Family, which owns OxyContin maker Purdue Pharma, The New York Times reports. The Sacklers allegedly helped mislead the public about the addictive potential of OxyContin. 

  • LYFT VS. UBER: Lyft is set to launch its initial public offering Friday, and has been battling Uber for funding, The Wall Street Journal reports. 

  • SEXUAL HARASSMENT STARTUP: Simone, a fledgling startup, is working to connect people who have been sexually harassed or assaulted at work with lawyers, therapists and career coaches, Fortune reports. 

  • J. CREW FALTERS: J. Crew is restructuring its debt for the second time this year, thanks to faltering sales and a dwindling cash pile, Reuters reports. 

  • AVENATTI TARGETED NIKE?: Stormy Daniels' former lawyer, Michael Avenatti, was arrested this week for allegedly trying to extort Nike for up to $25 million, CNBC reports.