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...
Hawaiian Electric Removes Going Concern Doubts After Q3 Loss and Wildfire Settlement November 12, 2024 By Tanay Dhumal Hawaiian Electric reported a third-quarter loss after the utility removed a warning about its ability to remain in business, saying...
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...
CNN Must Face Project Veritas’ Defamation Lawsuit, US Appeals Court Rules November 8, 2024 By Jonathan Stempel A federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of...
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...
FTC Sues Fintech App Dave Over Misleading $500 Cash Advance Ads November 7, 2024 By Jody Godoy The U.S. Federal Trade Commission sued financial technology company Dave Inc. in Los Angeles on Tuesday, accusing it of luring...
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...
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...
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...