U.S. SEC Sues Over Alleged $650M Global Crypto Fraud August 13, 2024 By Jonathan Stempel The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently...
Avon Products Files for Bankruptcy to Wrangle Talc Lawsuits August 13, 2024 By Jeremy Hill, Jonathan Randles and Lucca de Paoli Avon Products Inc., owner of the beauty brand known for its door-to-door saleswomen, filed for bankruptcy after facing a wave...
Tesla Sued by Family of Electrician Who Died at Austin Facility August 13, 2024 By Kara Carlson The family of a Texas man who died while working at Tesla’s Austin-area facility last week is suing the electric...
Judge Tosses Much of Mexico’s $10B Suit Against U.S. Gun Makers August 8, 2024 By Nate Raymond A U.S. judge dismissed on Wednesday much of Mexico’s $10 billion lawsuit seeking to hold U.S. gun manufacturers responsible for...
Ripple Labs Ordered to Pay $125 Million Penalty in SEC Case August 8, 2024 By Chris Dolmetsch Ripple Labs Inc. was ordered by a federal judge to pay a civil penalty of $125 million for selling its...
GSK Prevails in Second Zantac Cancer Case to Go to Trial August 7, 2024 By Ashleigh Furlong GSK Plc convinced an Illinois jury that the former heartburn drug Zantac was not liable for a woman’s colorectal cancer...
Musk’s X Sues Group Over Ad Boycott That Cost Billions August 7, 2024 By Madlin Mekelburg Elon Musk’s X Corp. filed a lawsuit accusing an industry group of violating antitrust laws for an advertising boycott that...
Boar’s Head Hit With Consumer Lawsuit After Deli Meat Recall Over Listeria Concerns August 2, 2024 By Diana Jones Boar’s Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a...
Norfolk Southern Reports $156M in Insurance Payments Following Ohio Derailment August 1, 2024 By Josh Funk Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment,...
CrowdStrike Sued by Shareholders Over Huge Software Outage August 1, 2024 By Jonathan Stempel CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing...