Class Action Lawsuits

The company raised its earnings expectations for the year despite swinging to a quarterly loss. The company raised its earnings expectations for the year despite swinging to a quarterly loss. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Lawsuits said the company’s PFAS, used in firefighting foam, contaminated drinking water. Lawsuits said the company’s PFAS, used in firefighting foam, contaminated drinking water. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and…

Car owners sued the companies after a social-media challenge inspired thieves. Car owners sued the companies after a social-media challenge inspired thieves. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

A civil complaint alleged the financial institution facilitated disgraced financier Jeffrey Epstein’s sex-trafficking ring. A civil complaint alleged the financial institution facilitated disgraced financier Jeffrey Epstein’s sex-trafficking ring. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

A group of shareholders is suing Adidas AG , alleging the sportswear company failed to warn investors it was aware of Kanye West’s antisemitic remarks and “extreme behavior.”  The proposed class-action lawsuit, filed in U.S. District Court in Oregon on Friday, alleges former CEO Kasper Rorsted and Harm Ohlmeyer, the company’s chief financial officer, were involved in disseminating false and misleading statements about Adidas’s relationship with Mr. West, who legally changed his name to Ye.…

People who used Facebook in the U.S. during the past 15 or so years can expect free money from its parent company—but not a lot, and not anytime soon. In December, Meta Platforms Inc. agreed to pay $725 million to settle a class-action lawsuit accusing the social-media company of allowing data firm Cambridge Analytica and other third parties to access private information about millions of users. Cambridge Analytica was a top vendor for former President Donald Trump’s 2016 campaign.…

People who used Facebook in the U.S. during the past 15 or so years can expect free money from its parent company—but not a lot, and not anytime soon. In December, Meta Platforms Inc. agreed to pay $725 million to settle a class-action lawsuit accusing the social-media company of allowing data firm Cambridge Analytica and other third parties to access private information about millions of users. Cambridge Analytica was a top vendor for former President Donald Trump’s 2016 campaign.…

A pair of court rulings have expanded the scope of an Illinois biometric privacy law that already was one of the toughest in the U.S., increasing potential civil liability for companies that collect personal data through facial-recognition technology, retinal scans or fingerprinting.  The 2008 law, designed to protect consumers and workers, bars companies from collecting or disseminating biometric data without obtaining consent, with penalties ranging from $1,000 to $5,000 for violations. The law was little-noticed or…

Madonna sang the praises of nonfungible tokens, or NFTs, depicting cartoon portraits of bored apes. Tampa Bay Buccaneers quarterback Tom Brady appeared in commercials endorsing crypto exchange FTX, which collapsed suddenly in November. And Kim Kardashian gushed about EMAX tokens on Instagram.Now they and other celebrities are facing civil lawsuits from investors who suffered losses on virtual assets, as well as scrutiny by…

The trial over Elon Musk’s 2018 tweets about potentially taking Tesla Inc. TSLA -2.58% private quickly focused on whether those statements were fraudulent or the rushed shorthand of a chief executive earnestly trying to communicate with shareholders.The class-action case being tried in federal court centers on Mr. Musk’s tweets more than four years ago floating the possibility of taking Tesla private and the effect they had on individual…