Terraform to Pay $4.47 Billion to Settle SEC Fraud Case June 13, 2024 By Chris Dolmetsch and Bob Van Voris Terraform Labs Pte. will pay $4.47 billion to resolve a US Securities and Exchange Commission lawsuit over the firm’s 2022...
RTX Accused of Discriminating Against Over-40 Job Applicants June 12, 2024 By Sabrina Willmer RTX Corp. is facing a proposed class-action lawsuit accusing the world’s largest aerospace and defense company of discriminating against older...
Latest Trial Over Zantac Cancer Claims Called Off as Plaintiff Drops Case June 11, 2024 By Brendan Pierson A woman who claimed in a lawsuit that GSK’s discontinued heartburn drug Zantac caused her breast cancer dropped her case...
Meta Gets Supreme Court Review on Investor Data-Harvesting Suit June 10, 2024 By Greg Stohr The US Supreme Court agreed to consider killing a multibillion-dollar shareholder lawsuit that accuses Meta Platforms Inc. of misleading investors...
Families of Those Who Died in Boeing Crashes Press Justice Department to Prosecute Company June 4, 2024 Relatives of passengers who died in two jetliner crashes pushed federal officials to prosecute Boeing on criminal charges related to...
Visa, Mastercard to Pay $197 Million to Settle Consumer ATM Fee Lawsuit May 30, 2024 By Mike Scarcella Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the...
Tesla Settles Fatal Crash Suit as Another Jury Trial Loomed May 29, 2024 By Rachel Graf Tesla Inc. has reached a deal to resolve a lawsuit over the death of a Model S passenger in a...
Norfolk Southern to Pay Civil Penalty, Cleanup Costs Over 2023 Ohio Derailment May 24, 2024 By David Shepardson Norfolk Southern agreed to pay a $15 million civil penalty and $57.1 million in past government cleanup costs on Thursday,...
Bankruptcy Judge OKs Genesis Global Plan to Refund $3B to Creditors, Crypto Customers May 23, 2024 A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to...
SEC Fines NYSE Owner $10 Million for Not Quickly Reporting Hack May 22, 2024 By Austin Weinstein Intercontinental Exchange, Inc., which owns the New York Stock Exchange, agreed to pay $10 million to settle Securities and Exchange...