lawsuit

Sen. Elizabeth Warren (D-Mass.) has called for a formal investigation into President Donald Trump's settlement with Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA). What Happened: Last week, Paramount said it would pay $16 million to settle Trump's lawsuit over a "60 Minutes" segment. However, Trump...

Donald Trump has turned his attention to Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as settlement talks progress in his lawsuit against YouTube, a subsidiary of Google, following multimillion-dollar payouts from Meta Platforms, Inc. (NASDAQ:META) and X, formerly Twitter, over similar claims of...

On Wednesday, Walt Disney Co. (NYSE:DIS) filed a lawsuit against YouTube, a subsidiary of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to stop the appointment of former ESPN executive Justin Connolly as its new global head of media and sports, alleging breach of contract, unfair competition...

Elon Musk-owned SpaceX faces a lawsuit from a former employee, who alleges discriminatory treatment and wrongful termination due to his chronic bowel disease. What Happened: Douglas Altshuler, 58, has accused SpaceX of monitoring and disciplining him for frequent restroom use, a necessity due...

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator. What happened: Murphy, known as MetaLawMan on X, said he filed a Freedom of Information...

A lawsuit has been lodged against JPMorgan Chase & Co. (NYSE:JPM) by its employees, who claim that the company’s prescription drug plan, overseen by CVS Health Corp. (NYSE:CVS), consented to pay exorbitant prices for medications. What Happened: According to a...

The Securities and Exchange Commission dismissed a lawsuit against cryptocurrency exchange Kraken and closed an investigation against non-fungible token company Yuga Labs, the two firms announced on Monday. What happened: Dave Ripley, co-CEO of San Francisco-headquartered Kraken, said the SEC...

On Thursday, Apple Inc. (NASDAQ:AAPL) CFO Kevan Parekh refuted claims that the tech giant enjoys a 75% profit margin on its App Store. What Happened: Parekh, who succeeded Luca Maestri as CFO, was the first high-ranking executive from a major tech company to testify in the U.K. class action...

Scale AI, a San Francisco-based artificial intelligence startup with a $13.8 billion valuation and high-profile partnerships across the tech industry, is facing a class-action lawsuit alleging wage theft and worker misclassification. The lawsuit, filed Tuesday in San Francisco Superior Court by...

JinkoSolar Inc. (NYSE:JKS) shares are trading higher Monday following the company’s announcement of a patent infringement lawsuit filed against VSUN Solar USA, Toyo Co. and their affiliates. Here’s what you need to know. What To Know: The lawsuit, filed in the U.S. District Court for...

"Regulating intra and interstate commerce was only a means to the end of eradicating it. That is a goal that has been abandoned," said David Boies during oral arguments Tuesday, as he defended the need to revive a landmark case dismissed this past July. The case that marked one of the ways for the...

Attorney Matt Zorn is suing the Drug Enforcement Administration (DEA) for failing to release records related to its communications with Smart Approaches to Marijuana (SAM), an anti-cannabis group. This lawsuit, filed November 28, seeks to compel the DEA to produce these records under the Freedom of...

Bristol-Myers Squibb Co (NYSE:BMY) filed a lawsuit on Tuesday against the U.S. Health Resources and Services Administration (HRSA) and the U.S. Department of Health and Human Services (HHS), alleging that HRSA's rejection of its proposed rebate model for the 340B Drug Pricing Program violates...

Smart Approaches to Marijuana (SAM), an active prohibitionist group, has denied allegations of improper communications with the Drug Enforcement Administration (DEA) ahead of next week’s cannabis rescheduling hearing. SAM's Nov. 25 legal response dismissed the claims as unfounded and aimed...

The Drug Enforcement Administration (DEA) has denied accusations of improper communication with cannabis prohibitionist group Smart Approaches to Marijuana (SAM) during the Biden administration's marijuana rescheduling process. In a recent filing reported by Marijuana Moment, the agency dismissed...