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Meta Faces Potential $200 Billion Legal Blow As Austrian Privacy Group Challenges EU Data Use For AI: '...Making Money Is More Important Than The Rights Of Its Users'
Wednesday, May 14, 2025 - 9:20am | 704Austrian advocacy group, NOYB, is gearing up to seek an injunction against Meta Platforms (NASDAQ:META), potentially leading to billion-euro damages claims. This action comes as a response to Meta’s plans to use Europeans’ personal data for AI training. What Happened:...
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Are Fartcoin, MooDeng Tokens Securities? Solana-based Memecoin Creator Pump.fun Slapped With Class-Action Lawsuit
Friday, January 31, 2025 - 2:11am | 436Solana (CRYPTO: SOL)-based meme coin launchpad Pump.fun was hit with a class-action lawsuit on Thursday, claiming that all tokens created on the platform are unregistered securities. What happened: The suit, filed in a New York federal court, named Baton Corporation, a U.K.-registered company, as...
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Alibaba Agrees To $433.5M Settlement In Shareholder Class Action Lawsuit
Saturday, October 26, 2024 - 12:22am | 391In a recent development, Alibaba Group (NYSE:BABA) has decided to settle a class-action lawsuit filed by its shareholders for $433.5 million. The lawsuit alleged that the company had made misleading statements about its exclusivity practices. What Happened: The e-commerce behemoth, based in China,...
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Alphabet's Google Faces Revived Chrome Lawsuit After Appeals Court Ruling
Tuesday, August 20, 2024 - 6:31pm | 566Google, which is owned tech giant Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL), is required to face a dismissed class action lawsuit by Google Chrome users after U.S. appeals court decided to revive the case. The suit was brought against Google for allegedly collecting Chrome users’ personal...
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Fumble! Your Favorite NFL Team Is On The Hook For $450 Million In Sunday Ticket Lawsuit, 1.76x More Than Player Pay In 2024
Friday, June 28, 2024 - 12:21pm | 893A federal jury announced a ruling that will see the National Football League pay between $4.7 billion and $14.4 billion in damages as part of a class action lawsuit over anticompetitive practices from the Sunday Ticket television package. The ruling could change the way the NFL splits broadcast...
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Disney Antitrust Suit Over Hulu, ESPN Ownership Moves Forward
Wednesday, June 26, 2024 - 6:37pm | 601Media company Walt Disney Co (NYSE:DIS) is betting on future growth coming from its sports and streaming ambitions. These two units could prove troublesome with an antitrust suit moving forward. What Happened: Disney is the majority owner of streaming platform Hulu, with plans in place to acquire...
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Apple Hit With Class-Action Lawsuit Over Alleged Unequal Pay For Women
Thursday, June 13, 2024 - 4:46pm | 447Two female Apple Inc (NASDAQ:AAPL) employees filed a class-action lawsuit on Thursday, alleging that the Cupertino-based tech giant pays women less than men for the same work. Silicon Valley has seen similar lawsuits in recent years over gender pay inequality. What Happened: The Wall Street Journal...
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Apple Faces Proposed Class-Action Lawsuit For Alleged iCloud Monopoly: They Are 'Generating Almost Pure Profit'
Sunday, March 3, 2024 - 9:31pm | 702Apple Inc. (NASDAQ:AAPL) is facing a proposed class-action lawsuit, which accuses the tech giant of monopolizing digital storage for its customers. What Happened: Filed on Friday in the Northern District of California, the lawsuit claims that Apple is imposing “surgical”...
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Atomic Wallet Hit With Lawsuit, North Korea's Lazarus Group Blamed For $100M Hack
Friday, July 7, 2023 - 10:52am | 535Cryptocurrency wallet provider Atomic Wallet and its proprietor, Konstantin Gladych, are in the midst of a lawsuit due to a $100 million security breach allegedly executed by the Lazarus Group. The individuals behind the lawsuit, representing themselves as well as other patrons of Atomic Wallet,...
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Epic Showdown: EOS Network Vs. Block.one — Who Will Triumph?
Monday, May 22, 2023 - 1:55pm | 396In a recent development within the EOS Network (CRYPTO: EOS) community, its founder Yves La Rose urged community members to explore the possibility of initiating legal proceedings against Block.one (B1), a key investor in the network. According to La Rose, B1 has not fulfilled its...
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Tesla, Elon Musk Face Shareholders' Class Action Lawsuit Over Autopilot, Full Self-Driving Tech
Monday, February 27, 2023 - 9:19pm | 400Shareholders of Tesla Inc (NASDAQ: TSLA) sued the automaker and CEO Elon Musk on Monday, alleging that both overstated the effectiveness and safety of the company's Autopilot and Full Self-Driving technologies. What Happened: The proposed class action lawsuit was filed in San Francisco federal...
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FTX Customers File Lawsuit Seeking Priority Repayment: What Investors Need To Know
Wednesday, December 28, 2022 - 2:12pm | 361Four customers of FTX have filed a class action lawsuit in U.S. Bankruptcy Court for the District of Delaware (where FTX's bankruptcy proceedings are taking place) demanding priority in repayment for the approximately $2 billion in missing customer funds. The customers claim that FTX...
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Tim Hortons Illegally Collected Data, Now It Might Pay Off Users With Donuts And Coffee
Monday, August 1, 2022 - 2:43pm | 526A leading restaurant chain has been accused of collecting location data of its users, and a proposed class action lawsuit settlement could see those affected being paid off with free food. Here are the details. What Happened: Canadian fast food company Tim Hortons, which is owned by Restaurant...
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Curaleaf Hit With Class-Action Lawsuit Over Mislabeled THC And CBD Drops
Thursday, June 2, 2022 - 11:34am | 495Cannabis company Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is facing a lawsuit for allegedly engaging in unlawful trade practices, gross negligence, and “utter lack of reasonable and adequate safety and protocols when it manufactured, bottled, labeled, shipped, and sold its tainted...
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Elon Musk Sued By Former Twitter Shareholders Over Late Stake Disclosure: Report
Tuesday, April 12, 2022 - 8:47pm | 438Tesla Inc (NASDAQ: TSLA) CEO Elon Musk was on Tuesday sued by former Twitter Inc (NYSE: TWTR) shareholders for failing to reveal by March 24 that he had invested in the microblogging site, Reuters reported on Tuesday, citing a proposed class-...