lawsuit

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...

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator. What happened: Murphy, known as MetaLawMan on X, said he filed a Freedom of Information...

A lawsuit has been lodged against JPMorgan Chase & Co. (NYSE:JPM) by its employees, who claim that the company’s prescription drug plan, overseen by CVS Health Corp. (NYSE:CVS), consented to pay exorbitant prices for medications. What Happened: According to a...

The Securities and Exchange Commission dismissed a lawsuit against cryptocurrency exchange Kraken and closed an investigation against non-fungible token company Yuga Labs, the two firms announced on Monday. What happened: Dave Ripley, co-CEO of San Francisco-headquartered Kraken, said the SEC...

On Thursday, Apple Inc. (NASDAQ:AAPL) CFO Kevan Parekh refuted claims that the tech giant enjoys a 75% profit margin on its App Store. What Happened: Parekh, who succeeded Luca Maestri as CFO, was the first high-ranking executive from a major tech company to testify in the U.K. class action...

Scale AI, a San Francisco-based artificial intelligence startup with a $13.8 billion valuation and high-profile partnerships across the tech industry, is facing a class-action lawsuit alleging wage theft and worker misclassification. The lawsuit, filed Tuesday in San Francisco Superior Court by...

JinkoSolar Inc. (NYSE:JKS) shares are trading higher Monday following the company’s announcement of a patent infringement lawsuit filed against VSUN Solar USA, Toyo Co. and their affiliates. Here’s what you need to know. What To Know: The lawsuit, filed in the U.S. District Court for...

Bristol-Myers Squibb Co (NYSE:BMY) filed a lawsuit on Tuesday against the U.S. Health Resources and Services Administration (HRSA) and the U.S. Department of Health and Human Services (HHS), alleging that HRSA's rejection of its proposed rebate model for the 340B Drug Pricing Program violates...

Eli Lilly And Co. (NYSE:LLY) has filed a lawsuit against the Health Resources and Services Administration (HRSA). The pharmaceutical giant claims that HRSA obstructed its attempt to alter drug discount offerings to hospitals. What Happened: As per Eli Lilly’s official statement on Thursday,...

In the latest development in the FTX bankruptcy case, the collapsed entity has launched a lawsuit against cryptocurrency exchange Binance (CRYPTO: BNB), aiming to reclaim $1.8 billion. What Happened: The plaintiffs in the case are alleging that Binance, its ex-CEO Changpeng "CZ" Zhao, and other top...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has been absolved of personal liability in 25 lawsuits accusing his company of causing social media addiction in children. What Happened: On Thursday, U.S. District Judge Yvonne Gonzalez Rogers dismissed claims that Zuckerberg was...

Tesla and SpaceX CEO Elon Musk has lost a court battle against Twitter executives over severance pay claims. What Happened: On Friday, U.S. District Judge Maxine Chesney ruled in favor of former Twitter CEO Parag Agrawal and other top executives, allowing their claims to proceed, reported Bloomberg...

Users of Juul vaping products have begun receiving financial compensation through Venmo after major class-action lawsuit settlements against Juul Labs and Altria Group. The final settlement was reached earlier this year. What Happened: The lawsuits accused Juul and Altria of misleading consumers,...

A U.S. District Court judge dismissed a lawsuit against Tesla, Inc. (NASDAQ:TSLA) on Monday. Shareholders who brought the lawsuit claimed the company and CEO Elon Musk misled investors regarding the company's Full-Self Driving (FSD) technology.  The Details: U.S. District Judge Araceli Martínez-...