Elon Musk has been sued by Twitter investors who claim the Tesla billionaire manipulated the company’s stock price downward as he ascends a $44 billion takeover of the social media giant.
The investors, who have been asked to be recognised as a class, allege that Musk saved himself $156 million…
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Litigation & ADR
Twitter To Pay $150 Million In US Privacy And Security Settlement
Social media giant Twitter has agreed to pay $150 million to settle claims it misused private information to target…
Boohoo Reaches Settlement In US Class Action Lawsuit
On Tuesday, British online fashion retailer Boohoo announced it had settled a US class action lawsuit that claims…
Artist Kevin Atkinson of Rogue Satellite Comics claimed in a copyright lawsuit that he originally created a talking fish attached to a humanoid body which Netflix then depicted as AJ Carmichael in its popular series “Umbrella Academy”.
Atkinson alleges that there is a “significant, substantial…
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The Legal Procedure Around Class Action Lawsuits
A class-action lawsuit is a legal action brought against one or more defendants on behalf of a large group or class…
McDonald’s And Wendy’s Sued Over Burger Sizes
Justin Chimienti sued McDonald’s Corp and Wendy’s Co on Tuesday after buying a Big Mac and the Bourbon Bacon…
On Friday, a federal jury in Texas awarded financial services company United Services Automobile Association (USAA) around $218 million from PNC Bank NA, ruling that PNC’s mobile-banking technology violated USAA’s patent rights.
USAA filed a lawsuit against PNC in 2020, in which it said it…
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Nike Steps Up NFT Lawsuit Against StockX With Counterfeit Claim
Nike Inc has told a Manhattan federal court that e-commerce site StockX has been offering counterfeits of its…
Tinder Owner Sues Google To Avoid Play Store Booting
Online dating service company Match Group, which owns Tinder, sued Alphabet Inc’s Google on Monday, claiming the…
