lawsuit

Law firm Fenwick & West agreed on Friday to pay $54 million to settle allegations related to its advisory role in the collapse of the FTX cryptocurrency exchange. Details Of The Settlement The preliminary settlement was filed in the U.S. District Court for the Southern District of...

Tron (CRYPTO: TRX) founder Justin Sun said on Tuesday that individuals who “defrauded” him are now using those funds to bankroll coordinated trolling efforts against him. Sun Vows To Fight Sun took to X to express his anguish, adding that the forces who wronged him are paying for troll...

World Liberty Financial (WLFI) co-founder Eric Trump defended the company on Wednesday against the lawsuit filed by Tron (CRYPTO: TRX) founder Justin Sun. Trump Trashes Sun’s Lawsuit Trump said in an X post that the “only thing more ridiculous” than the lawsuit was spending $6...

On Thursday, Elon Musk once again targeted Meta Platforms, Inc.'s (NASDAQ:META) WhatsApp after reacting to allegations that the platform accessed private messages without user consent. Musk Questions WhatsApp "Can't trust WhatsApp," Musk wrote on X, sharing a report about a new class action against...

On Friday, a federal jury in San Francisco determined that Elon Musk made misleading statements about the number of spam and bot accounts on Twitter shortly after agreeing to acquire the company for $44 billion in April 2022.  Jury Finds Musk Liable Over Twitter Bot Claims Jurors found him...

Shareholders filed a class action lawsuit against Gemini Space Station, Inc. (NASDAQ:GEMI) and the Winklevoss brothers on Wednesday, alleging that the company misled investors in relation to its Initial Public Offering. ‘False, Misleading Statements’ The lawsuit claimed that...

On Friday, a Pennsylvania state-court jury in Philadelphia ordered Johnson & Johnson (NYSE:JNJ) to pay $250,000 to the family of Gayle Emerson, finding the company liable in a case blaming its talc baby powder for her ovarian cancer. The verdict lands as the company also fights over whether...

AARP has agreed to a $12.5 million settlement in a class-action lawsuit that alleged that the senior group illegally shared members’ video-viewing data with Facebook, now known as Meta Platforms. What Happened: The lawsuit claimed that AARP violated the federal Video Privacy...

Johnson & Johnson (NYSE:JNJ) has been directed to pay $65.6 million to a Minnesota woman who was diagnosed with cancer following the use of their talcum powder. What Happened: A Minnesota jury awarded Anna Jean Houghton Carley, a mother of three, $65.5 million on Friday. Carley contended...

A group of 20 states, with California at the forefront, has initiated a lawsuit against the Trump administration. The legal action is in response to a recent imposition of a $100,000 fee on H-1B visa petitions, which the states argue is not only unlawful but also poses a threat to public...

The parents of a college student who lost her life in a Tesla Cybertruck accident have initiated legal proceedings against Tesla Inc. (NASDAQ:TSLA). They attribute their daughter’s demise to the electronic door design of the vehicle. According to a recent report, a...

Sen. Elizabeth Warren (D-Mass.) has called for a formal investigation into President Donald Trump's settlement with Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA). What Happened: Last week, Paramount said it would pay $16 million to settle Trump's lawsuit over a "60 Minutes" segment. However, Trump...

Donald Trump has turned his attention to Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as settlement talks progress in his lawsuit against YouTube, a subsidiary of Google, following multimillion-dollar payouts from Meta Platforms, Inc. (NASDAQ:META) and X, formerly Twitter, over similar claims of...

On Wednesday, Walt Disney Co. (NYSE:DIS) filed a lawsuit against YouTube, a subsidiary of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to stop the appointment of former ESPN executive Justin Connolly as its new global head of media and sports, alleging breach of contract, unfair competition...

Elon Musk-owned SpaceX faces a lawsuit from a former employee, who alleges discriminatory treatment and wrongful termination due to his chronic bowel disease. What Happened: Douglas Altshuler, 58, has accused SpaceX of monitoring and disciplining him for frequent restroom use, a necessity due...