Search Results for: lawsuit

Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much like his testimony two weeks ago to the Senate Banking Committee: a forum for Republicans to attack Gensler for being overzealous...

Market Movers rounded up the latest reactions on Amazon from investors and analysts. The pros discussed the e-commerce giant as the Federal Trade Commission announced it was suing the company on antitrust charges. Amazon is accused of illegally maintaining "monopoly...

A judge on Tuesday ruled that former President Donald Trump and his company are liable for fraud by misstating the true values of mulitple real estate properties for years.Judge Arthur Engoron also canceled the New York business certificates of Trump,...

There has been a slate of positive headlines out of Amazon (AMZN) in recent days, making clear the Club holding has a strong future ahead. The stock, however, came under pressure Tuesday following the announcement of a long-anticipated U.S. antitrust...

Port Chester's former school board president who was removed from office following an investigation into racist Facebook posts is now suing the district in federal court.Thomas Corbia, who was been involved with the Port Chester-Rye Union Free School District in...

Receive free US politics & policy updatesWe’ll send you a myFT Daily Digest email rounding up the latest US politics & policy news every morning.California has sued several of the world’s biggest oil companies, including ExxonMobil, Shell and BP, claiming...

In this article, we will explore the reasons why Blackrock is aiming for a higher Bitcoin (BTC) price, how the SEC-Ripple lawsuit has cost Ripple (XRP) three years of adoption, and finally how Tradecurve Markets has experienced a boom in...

Scott Olson/Getty Images News Kenvue (NYSE:KVUE) shares may see some relief on Monday after they dropped 7.3% last week amid a court filing late Friday in a class action lawsuit alleging prenatal exposure to Tylenol caused a child’s autism, according...

The mother of an Uber driver who police said was killed by a passenger nearly two years ago filed a federal lawsuit Thursday alleging that the tech company should have been better able to protect her. “Despite Uber knowing that...

Microsoft says it will defend buyers of its artificial intelligence products from copyright infringement lawsuits, an effort by the software giant to ease concerns customers might have about using its AI "Copilots" to generate content based on existing work. From...

Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California.Ezra Shaw | Getty ImagesThe family of a New York man claims he was killed by his Peloton bike just six months after...

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of NAPCO Security Technologies, Inc..Shareholders who purchased shares of NSSC during the class period listed are encouraged to contact the firm regarding possible lead...

GALA, the native token of Gala Games, is under immense selling pressure as of early September 2023. Trackers show that the token is down 72% from 2023 peaks when it soared to $0.062 in late January 2023. From there, the...

Alphabet's Google was hit with a lawsuit on Thursday by Danish online job-search rival Jobindex, a year after the latter complained to EU antitrust regulators that the US tech giant unfairly favoured its own job-search service.The Danish Media Association on...

The fast food giant is accused of making the burger appear larger on menus than it actually is. READ SOURCE...

3M will contribute the money between 2023 and 2029, with $5 billion in cash and $1 billion in 3M common stock, it announced on its website.       READ SOURCE...

Amazon and Starbucks are asking a federal court judge to dismiss a lawsuit claiming the "Just Walk Out" cashless checkout violated New York City law, MediaPost reports. Plaintiffs claim the technology's biometric data collection violates a city ordinance requiring "clear...

(WTTW News) The city of Chicago on Thursday filed a civil lawsuit against Kia and Hyundai alleging the auto makers’ failure to equip vehicles with certain anti-theft technology resulted in a steep rise in auto thefts in the city. “The...

San Francisco's conservative-leaning Archdiocese has initiated a Chapter 11 bankruptcy filing in response to a surge of more than 500 lawsuits alleging child sexual abuse. Archbishop Salvatore Cordileone, known for his outspoken stance within the ultraconservative wing of the American...

The US Securities and Exchange Commission’s (SEC) legal tussle with Ripple over the XRP token may have significantly set its trajectory back in the US market. Crypto lawyer John Deaton explained this in an X (formerly known as Twiter) post...

Gemini, an American cryptocurrency exchange, has taken a stand against the United States Securities and Exchange Commission (SEC), deeming the lawsuit brought forth by the regulator as “absurd.” Gemini Pushes Back Against SEC Lawsuit In the ongoing legal battle between...

Apple to start paying out claims in $500M iPhone slowdown lawsuit: reports  KRON4 READ SOURCE...

U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.Filing amicus – or friend of...

Digital Currency Group (DCG) has filed a motion to dismiss the lawsuit brought against them by Gemini Trust Company, LLC. The motion, filed in the Southern District of New York, argues that Gemini’s allegations of fraudulent misrepresentations related to the...

Trade association and tech industry coalition argue ban undermines ‘structure, design, and purpose of the internet’.Two tech groups have backed TikTok in its lawsuit seeking to block enforcement of a Montana state ban on the use of the short video-sharing...

Kannact faces class action lawsuit over data breach - Portland ...  The Business Journals READ SOURCE...

August 5, 2023 9:19 PM | 2 min read "The Best Report Benzinga Has Ever Produced" Massive returns are possible within this market! For a limited time, get access to the Benzinga Insider Report, usually $47/month, for just $0.99! Discover...

Texas won a round in its antitrust lawsuit with Alphabet's Google on Thursday after a U.S. judicial panel refused to pause a decision to return the lawsuit to federal court in Texas.The U.S. Judicial Panel on Multidistrict Litigation decided in...

Elon Musk has threatened to sue the Center for Countering Digital Hate, according to documents. X Corp alleged that the research group damaged interests.       READ SOURCE...

According to Brian Armstrong, the CEO of crypto exchange Coinbase, the U.S. securities regulator reportedly told his company to delist all digital assets save for bitcoin. Armstrong said acceding to the SEC’s demand would have “meant the end of the...

A recent development in the ongoing showdown between the United States Securities and Exchange Commission (SEC) has seen the withdrawal of another Ripple attorney from the lawsuit, recent court filings reveal. This comes after a motion was filed earlier in...

The Federal Trade Commission is finalizing its long-awaited antitrust lawsuit against Amazon, POLITICO reported Tuesday, citing people with knowledge of the matter, a move that could ultimately break up parts of the company. From the report: The FTC has been...

The French-Italian owner of the Ray-Ban and Oakley eyewear brands was sued for allegedly scheming with competitors to inflate prices by as much as 1,000%.Paris-based EssilorLuxottica SA, the world’s largest eyewear company, is the “instigator and primary enforcer” of the...

The Nauru ring road runs right around the island nation of Nauru.(C) Hadi Zaher | Moment | Getty ImagesSam Bankman-Fried's younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in...

Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Parents of two California students this week filed a class action lawsuit alleging that school security software company Securly illegally...

A&W and Keurig Dr Pepper will pay $15 million to settle a class-action suit that claimed false advertising because real aged vanilla was not used.       READ SOURCE...

BUFFALO, N.Y. (AP) — Tech and social media giants like Facebook, Amazon and Google bear responsibility for radicalizing the Buffalo supermarket shooter, who was fueled by racist conspiracy theories he encountered online, the victim’s relatives said in a lawsuit filed...

As an "ambassador" for FTX, football quarterback Tom Brady appeared at the company's conference in the Bahamas, and in TV commercials promoting the exchange as "the most trusted" institution in crypto, remembers the New York Times. And it was all...

Receive free Kaisa Group Holdings Ltd updatesWe’ll send you a myFT Daily Digest email rounding up the latest Kaisa Group Holdings Ltd news every morning. A Singapore hedge fund has filed a petition in Hong Kong to wind up defaulted...

Lawyer Outlines What Would Happen if SEC Wins Lawsuit Against ...  Bitcoin News READ SOURCE...

After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed...

In February 2018, Elbit's security officer sent an unusual email to the head of the company's flight administration, who was responsible for a project named "Irbis" involving the integration of unmanned aerial vehicles (UAV) in the Asian Republic of Kazakhstan....

Former Tesla factory worker Keyanna Campbell, 29, who said she quit the company in June over widespread racism at its electric car factory in Fremont, arrives to work at her new job at the VA Medical Center in Menlo Park,...

OpenAI, the maker of the popular chatbot ChatGPT — a natural language processing artificial intelligence (AI) tool — is facing a class-action lawsuit in California over allegedly scraping private user information from the internet.The lawsuit was filed in the United States...

A Minneapolis man claims in a federal civil rights lawsuit filed Wednesday that authorities wrongfully jailed and charged him based on faulty facial recognition technology.In September of 2021, Hennepin County prosecutors charged Kylese Perryman, 21, with a carjacking and the...

A Manhattan federal judge on Friday granted Hermes' request to permanently block artist Mason Rothschild's sales of "MetaBirkin" non-fungible tokens following a jury's verdict that they violated the French luxury house's trademark rights in its famed Birkin handbags.U.S. District Judge...

Under the settlement, 3M agreed pay up to $10.3 billion to public water suppliers that have detected the chemicals in drinking water.       READ SOURCE...

The US Federal Trade Commission has sued Amazon for what it called a years-long effort to enroll consumers without consent into its paid subscription program, Amazon Prime, and making it hard for them to cancel.The FTC, the US agency charged...

Source: Adobe / Artsaba FamilyBinance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.The dwindling market share held by Binance.US was clearly visible on data analyzed by The...

A throwback article just came back to haunt one of the crypto industry’s favorite crypto investigators. ZachXBT, a popular crypto on-chain sleuth recently got slapped with a defamatory lawsuit over an article he published last year.  The Controversial Article That...