lawsuits

Online resale marketplace StockX is hitting back at Nike's claims that the site has been allowing sales of counterfeit versions of its sneakers.StockX, in a response to Nike's allegations, defended its anti-counterfeiting measures and said Nike itself had previously praised them, according to a draft of a court filing seen by CNBC. The response is set to be filed in U.S. District Court in New York City on Monday."In the past, Nike has sought to collaborate with StockX and has communicated confidence in the StockX…

Lawsuits over cryptocurrency losses are mounting across the country, as investing in digital tokens and coins has become mainstream and the money at stake has increased significantly.Even before the recent plunge in crypto prices, the industry already was seeing an uptick in lawsuits, which have come in several forms. Many of the cases have been fueled by investors who allege some digital coins were hyped and sold under false pretenses. Some proposed class-action suits allege pump-and-dump schemes involving celebrity…

Johnny Depp’s career has been damaged more by his own lawsuits than Amber Heard’s op-ed, an expert has said.On Monday (23 May), during Depp’s defamation trial against Heard, entertainment consultant Kathryn Arnold said Depp’s 2020 lawsuit against The Sun was “a really tough one” on his career. Depp lost his libel battle against the publisher of The Sun newspaper over an article that claimed he was a “wife beater”. The judge reached the conclusion that the claim was “substantially true”.Speaking on the 20th day of the new…

By MATTHEW BARAKAT FALLS CHURCH, Va. (AP) — Lawyers for Johnny Depp on Tuesday questioned the truthfulness of Amber Heard’s accusation that Depp sexually assaulted her with a liquor bottle. Heard was cross-examined for most of the day after her testimony in Depp’s libel suit against her. Depp is suing Heard in Virginia’s Fairfax County Circuit Court over a December 2018 op-ed she wrote in The Washington Post describing herself as “a public figure representing domestic abuse.” His lawyers say he was defamed by the article…

This story originally appeared on Mother Jones and is part of the Climate Desk collaboration.The saga of the United States Postal Service’s planned gas-guzzling fleet continues.Sixteen states and two environmental activist groups—Earthjustice and the Natural Resources Defense Council—are suing the USPS to halt its purchase of a fleet of of gas-guzzling mail trucks. Postmaster general Louis DeJoy has come under fire in recent months for his decision to move forward with a contract for 165,000 new postal trucks—90 percent…

Production of electric Amazon delivery vans on April 11, 2022 at Rivian's plant in Normal, Ill.Michael Wayland / CNBCShares of Rivian Automotive sank Monday after a report by the Wall Street Journal that the upstart electric-vehicle maker is suing a key supplier in a legal battle that could delay vans ordered by Amazon.Amazon, a major investor in Rivian, placed an order for 100,000 electric delivery vans last year.Rivian's lawsuit, according to the report, accuses Ohio-based Commercial Vehicle Group of violating its…

Intuit, the owner of popular tax filing software TurboTax, will pay $141 million in restitution to millions of low-income Americans who were "unfairly charged" for services that should have been free, according to a multistate agreement announced Wednesday.TurboTax also agreed to reform its business practices. For example, it must suspend a "free, free, free" advertising campaign that "lured" customers with the promise of free tax preparation but then asked them to pay, according to an announcement from New York Attorney…

Several states and environmental and labor groups have filed lawsuits against the USPS today. The lawsuits charge that the agency failed to do required environmental assessments before going through with their deal to spend billions on gas guzzlers to replace the aging postal service fleet. Two lawsuits were filed today, one in the Northern District of California, another in the Southern District of New York. The first was filed by Earthjustice, the Center for Biological Diversity, Sierra Club and CleanAirNow KC.…