SEC’s WhatsApp Probe Expands as Moody’s, S&P Hit With Fines September 4, 2024 By Lydia Beyoud Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...
HP to Continue $4 Billion Damages Case Against Mike Lynch September 4, 2024 By Sourasis Bose Hewlett Packard said it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike...
Court Rules Lyft is a Motor Carrier and State Farm Can Be Sued Directly September 2, 2024 By William Rabb Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon...
Invisalign Maker Reaches $27.5M Settlement of Consumer Antitrust Lawsuit August 30, 2024 By Jonathan Stempel Align Technology, the maker of Invisalign clear teeth aligners, agreed to pay $27.5 million to settle a lawsuit claiming it...
Musk and Tesla Beat Suit Over Promoting Dogecoin ‘Pyramid Scheme’ August 30, 2024 By Rachel Graf Elon Musk and Tesla Inc. won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin...
The Murdaugh Drama Continues: Store That Sold Beer Now Suing its Insurers August 30, 2024 By William Rabb The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers...
Meta Faces $3.6M Fine on Brazil Following Suit Over Bogus Havan Ads August 29, 2024 By Bernardo Barbosa Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan...
TikTok Must Face Lawsuit Over 10-Year-Old Girl’s Death, Court Rules August 29, 2024 By Nate Raymond A U.S. appeals court has revived a lawsuit against TikTok by the mother of a 10-year-old girl who died after...
TikTok Sued in U.K. by Content Moderator Alleging Toxic Workplace August 28, 2024 By Upmanyu Trivedi ByteDance Ltd.’s TikTok was sued by a content moderator in the UK alleging disability discrimination and a toxic work environment...
Nordea Bank Reaches $35M Settlement with New York Tied to Panama Papers August 28, 2024 By Jonathan Stempel Nordea Bank agreed to pay a $35 million civil fine to settle charges by a top New York regulator that...