January 12, 2024
A consumer advocacy group filed a lawsuit against Starbucks on Wednesday, saying the company’s claim that its coffee is ethically sourced is false and misleading. The National Consumers League cited media reports of abuses on farms that supply coffee and …
January 9, 2024
Netflix has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company of hiding the extent to which account-sharing was hindering its growth. A Texas-based investment trust sued in May 2022, after …
January 9, 2024
Elon Musk’s reported drug use has Tesla Inc. board members facing a familiar quandary: having to decide what, if anything, to do about the chief executive subjecting directors and shareholders alike to great financial and legal risk. The Wall Street …
January 9, 2024
Netflix has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company of hiding the extent to which account-sharing was hindering its growth. A Texas-based investment trust sued in May 2022, after …
November 6, 2023
The U.S. Supreme Court last Friday agreed to hear an appeal by the National Rifle Association of a case in which it accuses a New York insurance regulator of violating its free speech rights when she urged insurance companies and …
October 31, 2023
NEW YORK –– The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC …
October 16, 2023
WILMINGTON, Delaware –– Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of shareholder attorneys who won a settlement in a dispute over director pay, and the company recommended a …
September 26, 2023
Investors are losing patience with corporate foot-dragging on key ESG metrics and starting to see legal action as the logical next step, according to the head of Britain’s biggest sustainable finance association. They’re “frustrated at the pace of progress in …
September 21, 2023
WILMINGTON, Delaware –– A legal tExcess Pay Want Tesla’s directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers …
September 15, 2023
A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its management liability insurer, the Delaware …