Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay October 28, 2024 By Malathi Nayak and Natalie Lung Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the U.S. Federal Trade Commission accusing the ride-hailing...
Alibaba to Pay $433.5M to Settle Shareholder Suit Over Monopoly Claims October 28, 2024 By Surbhi Misra and Nate Raymond China’s Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by...
Boozy Work Parties May Be Over With New UK Harassment Law October 28, 2024 By Jack Ryan Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus...
Barclays Wins Court Cut in Value of UK Investor Dark Pool Trading Suit October 28, 2024 By Jonathan Browning Barclays Plc won a bid to cut more than half of the value of a London lawsuit brought by investors...
BHP, Vale Reach $30 Billion Brazil Settlement for Dam Disaster October 25, 2024 By Mariana Durao and Daniel Carvalho BHP Group and Vale SA have signed a 170 billion-real ($29.8 billion) settlement with Brazil over the deadly Mariana dam...
Meta, Google, TikTok Must Face Schools’ Addiction Claims October 25, 2024 By Isaiah Poritz Meta Platforms Inc., Google, TikTok and Snap will have to face lawsuits brought by school districts in federal court blaming...
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...
George Weiss Hedge Fund in Talks With Jefferies to Settle Suit October 25, 2024 By Jonathan Randles Bankrupt hedge fund Weiss Multi-Strategy Advisers LLC and its largest creditor, Jefferies Financial Group, are discussing a potential settlement that...
McDonald’s Sued by Colorado Man Sickened in E. Coli Outbreak October 25, 2024 By Diana Novak Jones A Colorado man has filed what appears to be the first lawsuit against McDonald’s over an E. coli outbreak linked...
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...