-
Meta Sued For Allegedly Sharing Medical Data In Secret: Report
Saturday, June 18, 2022 - 2:56pm | 279Read More...Meta Platforms Inc (NASDAQ: META) is facing a lawsuit that says people’s medical data is being secretly shared with Facebook when patients access their healthcare providers’ web portals, reports Bloomberg. According to the report, the Pixel tracking tool, which Facebook uses,...
-
Google Agrees To Pay $118M To Settle Lawsuit Filed By Female Employees
Saturday, June 11, 2022 - 9:26am | 344Read More...Alphabet Inc's (NASDAQ: GOOGL) Google has agreed to settle a gender discrimination lawsuit covering close to 15,500 female employees by paying $118 million. Law firms Lieff Cabraser Heimann & Bernstein LLP and Altshuler Berzon LLP announced the settlement on Friday, adding that an...
-
Lawsuit May Delay Elon Musk's Twitter Takeover: Here's What You Need To Know
Saturday, May 7, 2022 - 9:35am | 407Read More...A Florida-based pension fund is challenging Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's potential $44 billion Twitter Inc (NYSE: TWTR) takeover. According to a report, a complaint has been filed by the Orlando Police Pension Fund in Delaware Chancery Court says that under...
-
Michigan Court To Rule On Rick Wershe, AKA White Boy Rick: Should He Be Compensated By Detroit?
Wednesday, April 20, 2022 - 5:20pm | 409Read More...While still a minor, age 17, Rick Wershe Jr. was sentenced to prison for cocaine possession after being used by the FBI as an informant. Known as White Boy Rick, Wershe was released in July 2020 for good behavior at age 52, after serving 33 years in federal prison. In addition to becoming a...
-
Elon Musk Among Celebrities To Testify In Johnny Depp And Amber Heard's $100M Court Battle
Sunday, March 20, 2022 - 11:14am | 420Read More...Actor Johnny Depp and his ex-wife Amber Heard are heading for a long-delayed legal battle, which many people touts being the most dramatic legal standoffs of the 21st century. What Happened: According to reports, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is among the high-profile celebrities due...
-
Tesla Investor Sues CEO Elon Musk Over His Twitter Poll Leading To 10% Stock Sale
Sunday, December 19, 2021 - 11:51am | 427Read More...Tesla (NASDAQ: TSLA) shareholder David Wagner has filed a lawsuit against the company after CEO Elon Musk sold a portion of his Tesla stock based on a Twitter poll he conducted. Wagner argues that Musk's behavior on social media has negatively impacted the price of the stock...
-
Here's How Much Apple Has To Pay Store Workers For Harsher Security Checks
Saturday, November 13, 2021 - 3:42pm | 277Read More...Apple Inc (NASDAQ: AAPL) has agreed to pay $30 million to retail workers who were subjected to routine searches of their bags off the clock when they left work after or during their shifts. In 2013, Apple Store employees filed a class-action lawsuit claiming that they were not paid for...
-
J&J Settles Anti-psychotic Drug Risperdal Lawsuits With $800 Million In Expenses
Saturday, October 30, 2021 - 2:24pm | 371Read More...Johnson & Johnson (NYSE: JNJ) says it has settled most of the lawsuits in the anti-psychotic drug Risperdal cases and has recorded $800 million in expenses in connection with the agreement. The medical devices and pharmaceuticals maker had almost 9000 cases over the Risperdal drug,...
-
Apple Agrees To Change App Store To Settle Antitrust Lawsuit; App Store Profits Could Plummet
Monday, August 30, 2021 - 4:00pm | 545Read More...Apple Inc. (NASDAQ: AAPL) has been battling an antitrust lawsuit in California federal court since 2019. However, the company has now agreed to change App Store policy to allow developers more freedom in exchange for ending the suit. What Happened: Apple has long been criticized for...
-
Apple App Store Settlement Reveals Updates: How Did A BofA Analyst React?
Friday, August 27, 2021 - 11:30am | 256Read More...Although Apple Inc.’s (NASDAQ: AAPL) App Store changes are still pending court approval, they will resolve a class-action suit from U.S. developers, according to BofA Securities. The Apple Analyst: Wamsi Mohan reiterated a Neutral rating for Apple, while keeping the price target...
-
GM Knowingly Sold Millions of Faulty Airbags, Lawsuit Claims
Wednesday, August 11, 2021 - 8:47pm | 439Read More...General Motors Company (NYSE: GM) has had a class-action lawsuit filed against them alleging that they intentionally concealed defects in airbags and seatbelts, and at least 1,298 people have died or been injured as a result. What Happened: In 1999, GM employed Delco Electronics. These...
-
Zoom Reaches $85M Settlement In Lawsuit Over User Privacy
Sunday, August 1, 2021 - 1:56pm | 390Read More...Zoom Video Communications Inc (NASDAQ: ZM) has agreed to pay $85 million to settle a lawsuit claiming it violated users' privacy rights, Reuters reports. According to the lawsuit, Zoom was sharing personal data with Facebook Inc (NASDAQ: FB), Alphabet...
-
Dutch Court Rejects Facebook's Offer To Dismiss Privacy Lawsuit In Netherlands
Saturday, July 3, 2021 - 4:28pm | 367Read More...On Saturday, an Amsterdam court ruled that the privacy litigation against Facebook Inc. (NASDAQ: FB) in the Netherlands can proceed. The case will be heard in October, the Verge reported. The court rejected Facebook’s offer to have the lawsuit from...
-
Johnson & Johnson Reaches $230M Settlement With New York To End Sale Of Opioids Nationwide
Saturday, June 26, 2021 - 4:37pm | 475Read More...On Saturday, Johnson & Johnson (NYSE: JNJ) said it would end the manufacture and sale of opioids nationwide in a $230 million settlement with the New York state, Reuters reports. J&J will not face the jury trial scheduled to begin on Tuesday on Long Island with...
-
Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 8:20pm | 1714Read More...Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...














