lawsuit

The Drug Enforcement Administration (DEA) is facing legal heat following accusations of unlawful communication with Smart Approaches to Marijuana (SAM), a leading opponent of the Biden administration’s plan to reschedule marijuana from Schedule I to Schedule III under the Controlled...

Tilray Brands Inc. (NASDAQ:TLRY) faces a new shareholder lawsuit accusing the Canadian cannabis company of misleading voting practices for a second consecutive year. The legal complaint, filed on October 31, 2024 in the Delaware Court of Chancery, alleges that Tilray misled investors regarding the...

Eli Lilly And Co. (NYSE:LLY) has filed a lawsuit against the Health Resources and Services Administration (HRSA). The pharmaceutical giant claims that HRSA obstructed its attempt to alter drug discount offerings to hospitals. What Happened: As per Eli Lilly’s official statement on Thursday,...

A Washington-based researcher has filed a lawsuit against the Drug Enforcement Administration (DEA), alleging multiple legal violations in the agency's process of rescheduling marijuana. As Forbes reported, the complaint, filed in the U.S. District Court for Western Washington, names the Department...

In the latest development in the FTX bankruptcy case, the collapsed entity has launched a lawsuit against cryptocurrency exchange Binance (CRYPTO: BNB), aiming to reclaim $1.8 billion. What Happened: The plaintiffs in the case are alleging that Binance, its ex-CEO Changpeng "CZ" Zhao, and other top...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has been absolved of personal liability in 25 lawsuits accusing his company of causing social media addiction in children. What Happened: On Thursday, U.S. District Judge Yvonne Gonzalez Rogers dismissed claims that Zuckerberg was...

Tesla and SpaceX CEO Elon Musk has lost a court battle against Twitter executives over severance pay claims. What Happened: On Friday, U.S. District Judge Maxine Chesney ruled in favor of former Twitter CEO Parag Agrawal and other top executives, allowing their claims to proceed, reported Bloomberg...

A legal dispute has erupted in Allen, Texas, where cannabis shop owners and their advocates are taking a stand against local and federal law enforcement, claiming their rights were violated during recent police raids. This lawsuit, filed by attorney David Sergi on Oct. 24, represents Sabhie Khan,...

Users of Juul vaping products have begun receiving financial compensation through Venmo after major class-action lawsuit settlements against Juul Labs and Altria Group. The final settlement was reached earlier this year. What Happened: The lawsuits accused Juul and Altria of misleading consumers,...

The U.S. Department of Justice has urged a federal appeals court to maintain the nationwide ban on cannabis, defending Congress's broad authority to regulate the substance despite its legalization in many states. In a brief filed last Thursday with the U.S. Court of Appeals for the First Circuit,...

Hemp companies in New Jersey have filed a lawsuit challenging the newly signed regulation that limits the sale of hemp derived products like Delta-8 THC. Arguing that the new regulations effectively criminalize hemp, the plaintiffs say hemp is federally legal under the 2018 Farm Bill, and that New...

Florida state Sen. Jason Pizzo (D) filed a court order Friday against the State of Florida for misusing taxpayer dollars to fund an ad opposing a cannabis legalization initiative, known as Amendment 3 that will go before the voters on Nov. 5. The ad, produced by the Florida Department of...

The U.S. Department of Justice (DOJ) is holding firm on its stance that medical marijuana users should not allowed to own a gun, citing safety risks. In a recent filing, federal attorneys argued that the ban on gun ownership for cannabis users is constitutional and should remain in place. This...

A U.S. District Court judge dismissed a lawsuit against Tesla, Inc. (NASDAQ:TSLA) on Monday. Shareholders who brought the lawsuit claimed the company and CEO Elon Musk misled investors regarding the company's Full-Self Driving (FSD) technology.  The Details: U.S. District Judge Araceli Martínez-...

In a recent development, voting technology company Smartmatic and conservative cable network Newsmax have settled a defamation lawsuit, thereby averting a trial due next week. What Happened: The specifics of the confidential settlement remain undisclosed. The agreement was reached during the jury...