accountability
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Carrier Global has finalized a $730 million settlement with its fire protection unit Kidde-Fenwal and claimants who sued the bankrupt subsidiary over toxic “forever chemicals” found in its firefighting foam products. In a court filing on Friday in Delaware, Kidde-Fenwal announced plans to use the settlement to develop a Chapter 11 plan that will pay…
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Elon Musk offers a $1 million giveaway to voters who sign his free-speech and gun-rights petition, entering a gray area of election law. Legal experts disagree on whether the billionaire supporter of Donald Trump violates prohibitions against paying people to register to vote. Musk, CEO of Tesla (TSLA.O), promises to award $1 million each day…
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President Joe Biden has canceled another $4.5 billion in student debt for over 60,000 borrowers, raising the total number of public service workers who have received student loan forgiveness to more than 1 million. This cancellation marks Biden’s latest effort to fulfill his 2020 campaign promise to provide debt relief to millions of Americans before…
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A lawyer who represented Rodney King after Los Angeles police officers beat him in 1991 has agreed to plead guilty to federal criminal charges for failing to pay over $2.4 million in taxes. Milton Grimes will plead guilty to one count of tax evasion, resolving allegations that he did not pay taxes for nearly a…
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A Virginia county prosecutor filed a civil class action lawsuit against Georgetown University on Friday, following a recent data breach that exposed personal information of current and former students. The breach, which the university reported earlier this week, compromised sensitive data such as Social Security numbers, tax ID numbers, and employee payroll details, as claimed…
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Intrum (INTRUM.ST), Europe’s largest debt collector, announced on Friday that it will file for voluntary Chapter 11 bankruptcy protection in the United States to restructure its finances. The company has faced challenges as the pandemic, an energy crisis, and two-decade-high interest rates failed to trigger a wave of loan defaults. Concerns have grown over Intrum’s…
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A federal judge in California has granted Google’s request to temporarily pause his order requiring the Alphabet unit to revamp its Android app store, Google Play, by November 1. This order aimed to provide consumers with more options for downloading software. San Francisco-based U.S. District Judge James Donato made this decision on Friday amid an…
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A U.S. judge on Friday publicly released additional evidence collected by prosecutors in the federal criminal case against former President Donald Trump, who faces accusations of trying to overturn his 2020 election defeat. This newly unsealed evidence consists of hundreds of pages, many marked as “sealed” or redacted, and includes material referenced in a comprehensive…
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Tennessee’s abortion ban faces scrutiny over its medical emergency exception, as a court has ruled the language lacks clarity. This ruling prevents the state from enforcing the ban in specific medical situations while a lawsuit progresses, initiated by doctors and women who claim they were denied necessary abortions. On Thursday, a three-judge panel from the…
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On Wednesday, Nebraska’s top state court upheld a law allowing felons who have completed their sentences to vote, enabling thousands more people to participate in the Nov. 5 U.S. presidential election. The Nebraska Supreme Court rejected claims by Secretary of State Robert Evnen, a Republican, who argued that the law, passed in April, violated the…
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