The world’s largest cryptocurrency exchange, Binance, has dropped its defamation lawsuit against news publication Forbes and two of its journalists, according to official court documents. Binance Holdings filed a lawsuit against Forbes, along with journalists Michael Del Castillo and Jason Brett in November, following an article that alleged BinanceRead More →
On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June 4, the plaintiffs and the litigationRead More →
2/2 © Reuters. The Lyft logo is seen on a parked Lyft Scooter in Washington 2/2 By Jonathan Stempel NEW YORK (Reuters) – Lyft Inc (NASDAQ:) was sued on Friday by a former driver who accused the ride-sharing company of failing to provide required paid sick leave to drivers inRead More →
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedlyRead More →
© Reuters. FILE PHOTO: Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal (Reuters) – A Missouri jury’s $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer (DE:) and BASF has raised the stakes for the twoRead More →
© Reuters. First Solar to pay $350 million to end shareholder lawsuit, avert trial (Reuters) – First Solar Inc (O:) said on Monday it agreed to pay $350 million to settle a long-running shareholder lawsuit accusing the solar panel maker of inflating its stock price by concealing design defects andRead More →
2/2 © Reuters. Tesla superchargers are shown at a charging station in Santa Clarita, California 2/2 By Jonathan Stempel (Reuters) – A federal judge rejected Tesla (NASDAQ:) Inc’s effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racialRead More →
© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves (Reuters) – Amazon.com Inc (NASDAQ:) filed a lawsuit in a federal U.S. court on Friday contesting the U.S. Defense Department’s decision last month to award a Pentagon cloud computing contract worth up toRead More →
© Reuters. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the NYSE in New York By Jonathan Stempel NEW YORK (Reuters) – A Manhattan judge has dismissed Uber Technologies (NYSE:) Inc’s lawsuit challenging a New York City law limitingRead More →
By Brendan Pierson (Reuters) – A Michigan judge on Tuesday blocked the state’s ban on flavored e-cigarettes about two weeks after it took effect and hours after a wrongful death lawsuit was filed against Juul Labs Inc in the first such case against an e-cigarette firm. Michigan Governor Gretchen WhitmerRead More →
2/2 © Reuters. FILE PHOTO: 2019 MTV Video Music Awards – Arrivals – Prudential Center, Newark, New Jersey, U.S. 2/2 By Jonathan Stempel NEW YORK (Reuters) – Music publishers have asked a federal judge to let them double their lawsuit against Peloton Interactive Inc to $300 million, saying the makerRead More →
© Reuters. FILE PHOTO: The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston By Alwyn Scott NEW YORK (Reuters) – A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric (NYSE:) Co that accused the company of concealingRead More →
© Reuters. FILE PHOTO: Tesla Model S drives during electric car E-Rallye Baltica 2019 in Latvia By Alexandria Sage SAN FRANCISCO (Reuters) – A Tesla (NASDAQ:) Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a softwareRead More →
© Reuters. A sign marks a Motel 6 property in Espanola By Dan Whitcomb (Reuters) – Motel 6 has agreed to pay $10 million to settle a class-action lawsuit over claims the budget chain routinely provided guest lists from properties in Arizona to U.S. Immigration and Customs Enforcement (ICE (NYSE:))Read More →
© Reuters. FILE PHOTO: The logo of Teva Pharmaceutical Industries WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices – sometimes by more than 1,000 percent – and stifle competition for generic drugs, stateRead More →
© Reuters. Rice Energy founder to drop lawsuit against energy producer EQT By David French (Reuters) – Toby Rice, the co-founder of Rice Energy which was acquired by EQT Corp (NYSE:) in 2017, will drop his lawsuit against EQT after the U.S. oil and gas producer said it was notRead More →
© Reuters. Australian wealth manager IOOF hit with class-action lawsuit SYDNEY (Reuters) – Australia’s embattled second-largest wealth manager, IOOF Holdings Ltd, was sued on Friday by shareholders who alleged the company engaged in deceptive conduct and breached sharemarket disclosure obligations. The class-action lawsuit is the ninth against a major financialRead More →
© Reuters. FILE PHOTO: The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair in Berlin By Jonathan Stempel NEW YORK (Reuters) – A federal judge in Manhattan on Friday rejected Expedia Inc’s request for an injunction that would have required United Airlines toRead More →
© Reuters. FILE PHOTO: Former Uber Chief Executive Officer Travis Kalanick leaves a federal court in San Francisco By Tom Hals WILMINGTON, Del. (Reuters) – Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liableRead More →
© Reuters. FILE PHOTO – A sign for BlackRock Inc hangs above their building in New York (Reuters) – A U.S. federal court on Friday dismissed a lawsuit against BlackRock Inc (NYSE:) that had accused the world’s largest fund manager of charging too much in investment advisory fees, according toRead More →
© Reuters. The logo of the Louis Vuitton brand is seen outside a Louis Vuitton store in Paris By Jonathan Stempel (Reuters) – A California toy company has sued Louis Vuitton to stop the French luxury goods maker from interfering with its sales of a slime-filled, poop-shaped toy purse forRead More →
