Winklevoss’s Gemini to Return $1.1B to Customers in New York Settlement February 29, 2024 By Olga Kharif Gemini Trust Co., the crypto exchange founded by twin entrepreneurs Cameron and Tyler Winklevoss, will return at least $1.1 billion...
Google Hit With $2.3B Lawsuit By Axel Springer, Other Media Groups February 28, 2024 By Foo Yun Chee Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on...
Southern California Edison to Pay $80M to US Over 2017 Wildfire February 27, 2024 By Jonathan Stempel Southern California Edison agreed to pay the United States $80 million to cover costs and damages incurred by the U.S....
State Farm Sues Norfolk Southern Over Ohio Train Derailment Damages February 27, 2024 By Ezra Amacher State Farm Insurance brought forth a subrogation lawsuit last week against Norfolk Southern over damages to a pair of East...
Jury Finds Former NRA Chief LaPierre Misspent Gun Group’s Funds, Owes $4.4M February 27, 2024 By Jake Offenhartz The longtime head of the National Rifle Association, Wayne LaPierre, misspent millions of dollars of the organization’s money, using the...
Uber Sues Drivers’ Insurer Alleging Its Claims Practices Have Fueled Tort Litigation February 26, 2024 By Andrew G. Simpson Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to...
US Universities Settle Financial-Aid Antitrust Lawsuit For $166 Mln February 26, 2024 By Mike Scarcella Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored...
American Airlines Must Face Lawsuit Over ESG Retirement Investing February 23, 2024 By Jody Godoy American Airlines must face a lawsuit claiming it failed to prudently oversee employee retirement funds because it used asset managers...
Morgan Stanley Suit Isn’t About Money, Billionaire Mike Ashley Says February 23, 2024 By Upmanyu Trivedi Billionaire Mike Ashley said he brought his lawsuit against Morgan Stanley because he was concerned with how “grotesquely and unfairly”...
Sergey Brin Sued Over Deadly Crash of His Fiji-Bound Seaplane February 21, 2024 By Rachel Graf Google co-founder Sergey Brin is facing a wrongful-death suit in California from the widow of the pilot who was flying...