FTX Sues Binance, Ex-CEO Zhao Seeking $1.8 Billion Clawback November 12, 2024 By Emily Nicolle FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw back...
Meta’s Zuckerberg Not Liable in Lawsuits Over Social Media Harm to Children November 12, 2024 By Jonathan Stempel A federal judge said Meta Platforms CEO Mark Zuckerberg is not personally liable in 25 lawsuits accusing his company of...
US Judge Narrows Investor Lawsuit Against Rio Tinto Over Mongolian Mine November 8, 2024 By Jonathan Stempel A U.S. judge on Thursday dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO Jean-Sebastien Jacques...
Louis Bacon’s $203 Million Court Win Against Peter Nygard Tossed November 8, 2024 By Bob Van Voris Billionaire hedge fund founder Louis Bacon’s $203 million defamation judgment against Finnish-Canadian fashion mogul Peter Nygard was thrown out because...
Danone Wins Dismissal of Evian Microplastics Lawsuit in Chicago November 7, 2024 By Jonathan Stempel The maker of Evian spring water, Danone, won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers...
UnitedHealth Emails Reveal Tension Over Cuts to Doctor Pay November 6, 2024 By John Tozzi UnitedHealth Group Inc. systematically cut what it paid for emergency room visits and mental health care to doctors outside of...
Hawaiian Electric Finalizes $2 Billion Maui Fire Settlement November 6, 2024 By Mark Chediak Hawaiian Electric Industries formalized a $2 billion agreement to settle damage claims from a wildfire that razed the historic town...
Shein, Temu Gear up for 2026 Trial Over Copyright and Competition Claims November 5, 2024 By Sam Tobin Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at London’s High Court, with the rivals...
Universal Music Sues Believe for $500M Over Copyright Infringement Claims November 5, 2024 By Sarah Jacob Universal Music Group NV has filed a lawsuit against French record label Believe SA seeking damages of at least $500...
JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M November 5, 2024 By Jonathan Stempel JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the...