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November 30, 2021

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Robinhood, others win dismissal of meme stock ‘short squeeze’ lawsuit

Reuters
Nov 18 (Reuters) – A U.S. judge dismissed a lawsuit accusing Robinhood Markets Inc (HOOD.O) and other brokerages of wrongly preventing retail investors from buying fast-rising “meme stocks,” triggering a sell-off. In a decision on Wednesday, Chief Judge Cecilia Altonaga of the federal court in Miami found no proof of......

Lawsuit over Subway tuna now says chicken, pork, cattle DNA were detected

Reuters
Nov 11 (Reuters) – A new version of a lawsuit accusing Subway of deceiving the public about its tuna products said lab testing shows they contain animal proteins such as chicken, pork and cattle, and not the advertised “100% tuna.” Karen Dhanowa and Nilima Amin filed a third version of......

United States sues Uber over alleged disability discrimination

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON,......

Oklahoma court overturns $465 mln opioid judgment against J&J

Reuters
Nov 9 (Reuters) – The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson (JNJ.N) in a lawsuit by the statealleging the drugmaker fueled the opioid epidemic through the deceptive marketing of painkillers. The decision marked the latest setback for states and local governments pursuing......

U.S. Justice Dept sues Texas over law curbing voting

Reuters
Nov 4 (Reuters) – The U.S. Justice Department filed a lawsuit against Texas on Thursday over a state law that places strict curbs on voting by mail, in the latest effort by the Biden administration to combat new voting restrictions being enacted in Republican-controlled states across the nation. The department’s......

Newsmax, One America News sued by voting technology firm Smartmatic

Reuters
WASHINGTON/NEW YORK, Nov 3 (Reuters) – Voting technology company Smartmatic on Wednesday sued right-wing U.S. television networks One America News and Newsmax, saying they must be held accountable for spreading conspiracy theories about the 2020 U.S. presidential election. In separate lawsuits, Smartmatic accused OAN and Newsmax of knowingly spreading false......

Trump loses bid to keep lawsuit against Twitter in Florida

Reuters
WASHINGTON, Oct 27 (Reuters) – Former U.S. President Donald Trump cannot fight his suspension from Twitter in a Florida federal court, but instead must abide by the social media company’s terms of service and sue in California, following a judge’s ruling. U.S. District Judge Robert Scola in Miami said in......

Turkey’s Halkbank can be prosecuted over Iran sanction violations, U.S. appeals court rules

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Oct......

Google CEO sought to keep Incognito mode issues out of spotlight, lawsuit alleges

Reuters
Sept 24 (Reuters) – Google Chief Executive Sundar Pichai in 2019 was warned that describing the company’s Incognito browsing mode as “private” was problematic, yet it stayed the course because he did not want the feature “under the spotlight,” according to a new court filing. Google spokesman José Castañeda told......

Linda Evangelista files $50 mln lawsuit over disfiguring cosmetic treatment

Reuters
LOS ANGELES, Sept 23 (Reuters) – Former supermodel Linda Evangelista has filed a $50 million lawsuit over cosmetic procedures that she says left her “brutally disfigured” and turned her into a recluse. The Canadian model, one of the biggest figures on runways and magazine covers in the 1990s, said in......

JPMorgan agrees to pay $15.7 mln to settle spoofing lawsuit

Reuters
WASHINGTON, Sept 23 (Reuters) – JPMorgan Chase & Co (JPM.N) agreed to pay $15.7 million in cash to settle a class action lawsuit by investors who accused the largest U.S. bank of intentionally manipulating prices of U.S. Treasury futures and options. The settlement disclosed late Wednesday night stemmed from sprawling......

Australia sues Neoen for lack of power from its Tesla battery reserve

Reuters
Tesla Powerpacks at Neoen wind farm in Hornsdale, South Australia September 29, 2017. REUTERS/Sonali Paul MELBOURNE, Sept 23 (Reuters) – Australian Energy Regulator (AER) has filed a lawsuit against Neoen SA (NEOEN.PA), saying the French firm’s Tesla “Big Battery” in South Australia did not provide backup power during four months......

Twitter seeks to settle 2016 class action lawsuit for $800 mln

Reuters
Sept 20 (Reuters) – Twitter Inc (TWTR.N)said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit from 2016 that alleged the company misled investors about its daily and monthly user engagement numbers. The individual defendants and Twitter continue to deny any wrongdoing or any other......

Australian environmental group sues Santos over clean energy claims

Reuters
The logo of Australian oil and gas producer Santos Ltd is pictured at their Sydney office February 15, 2016. REUTERS/Jason Reed/File Photo MELBOURNE, Aug 26 (Reuters) – An Australian environmental group is suing the country’s No.2 independent gas producer Santos Ltd (STO.AX), alleging the company’s statements about gas being “clean”......

T-Mobile breach hits 53 million customers as probe finds wider impact

Reuters
A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton Aug 20 (Reuters) – T-Mobile US Inc (TMUS.O) said on Friday an ongoing investigation into a data breach revealed that hackers accessed personal information of an additional 5.3......

FTC says Facebook ‘bought and buried’ rivals in renewed antitrust fight

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON,......

UK court sets scene for $14 bln-plus class action against Mastercard

Reuters
Britain’s first consumer class action authorised UK Supreme Court overruled objections to case in December Claimants allege Mastercard overcharged 46 million people LONDON, Aug 18 (Reuters) – A London court on Wednesday approved a 10 billion pound-plus ($14 billion-plus) class action against global payments processor Mastercard (MA.N) that claimants said......

Ackman says SPAC does not need to be registered, pushes back on lawsuit

Reuters
BOSTON, Aug 17 (Reuters) – Billionaire hedge fund manager William Ackman said on Tuesday his blank-check acquisition company is not an investment firm that needs to register with U.S. regulators, pushing back against a lawsuit that alleges that his Pershing Square Tontine Holdings has improperly invested in securities. “PSTH has......

Ford counterattacks in ‘cruise’ dispute with GM

Reuters
DETROIT, Aug 13 (Reuters) – Ford Motor Co (F.N) said late on Friday it will ask the U.S. Patent Office to rescind trademarks obtained by rival General Motors Co (GM.N) for the terms “Cruise” and “Super Cruise,” escalating a brawl GM began by suing Ford over its use of “Blue......

Birthday wishes from Rudy Giuliani? That will cost you

Reuters
Aug 11 (Reuters) – For $325, Rudy Giuliani will tell you a story or wish you a happy birthday. The longtime Donald Trump adviser, facing mounting legal bills and a criminal investigation, said on Tuesday he had signed up for Cameo, a website that lets celebrities sell video greetings to......

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