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...
US Supreme Court Mulls Facebook Bid to Escape Securities Fraud Suit November 7, 2024 By John Kruzel The U.S. Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit...
Facebook, Nvidia Ask US Supreme Court to Spare Them From Securities Fraud Suits November 5, 2024 By John Kruzel The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to...
Avenue’s Lasry Faces Harassment Suit After Filing Extortion Case October 25, 2024 By Gillian Tan A former Avenue Capital Group employee accused by Marc Lasry in a recent court filing of trying to extort him...
Billionaire Sex Saga Is Latest Scandal to Hit Australia CEOs October 25, 2024 By Angus Whitley The sex-for-investment scandal that swiftly deposed Australian tech billionaire Richard White is just the latest corporate calamity in a country...
Jump Trading Accused of ‘Pump and Dump’ in Game Developer’s Suit October 17, 2024 By Olga Kharif Video-game developer FractureLabs filed a lawsuit against Jump Trading, accusing one of the cryptocurrency industry’s biggest market makers of “fraud...
Report: TD to Face US Growth Limits, $3B Penalty for Money-Laundering Failures October 11, 2024 By Christine Dobby Toronto-Dominion Bank will pay about $3 billion in penalties and face restrictions on its U.S. growth in a settlement with...
SAP, Carahsoft Probe Widens to Work With Nearly 100 Agencies October 3, 2024 By Jake Bleiberg and Christina Kyriasoglou U.S. prosecutors are broadening a probe of potential price-fixing by German software maker SAP SE and tech reseller Carahsoft Technology...