A Tesla shareholder has filed a lawsuit accusing CEO Elon Musk of insider trading, alleging that Musk sold over $7.5 billion of Tesla shares in late 2022 before the company revealed potentially disappointing production and delivery numbers. The lawsuit, filed by shareholder Michael Perry in Delaware Chancery Court, claims that Tesla’s share price plummeted after…
The Justice Department informed a judge that Alphabet’s Google cannot avoid a jury trial over its alleged digital advertising dominance by unilaterally paying the government. In a court filing on Thursday, the Justice Department and a coalition of states responded to Google’s argument that only a judge, not a jury, should hear the government’s lawsuit…
A recent incident involving American Airlines has sparked controversy and legal action after eight black passengers were forced to disembark from a flight due to complaints about body odor. Three of the men involved have now filed a lawsuit against the airline, citing discrimination and the traumatic nature of the experience. The events unfolded in…
Home mortgage lenders Greystone Mortgage and First Financial Lending accused Equifax (EFX.N) of monopolizing the market for electronic income and employment verification services, resulting in higher prices. They filed the proposed class action in Philadelphia federal court, alleging that Equifax has a “stranglehold” over a verification process crucial to consumer finance. According to the lawsuit,…
On Wednesday, twenty-five federal law clerks issued a public statement criticizing the judiciary’s restrictions on their ability to speak out against Israel’s treatment of Palestinians during its war with Hamas in Gaza. They also condemned what they described as “our government’s complicity in that genocide.” Published by Balls & Strikes, a court news and commentary…
A Texas judge on Wednesday allowed a defamation lawsuit against Elon Musk to proceed but denied the request to sanction Musk’s prominent attorney, Alex Spiro. Judge Maria Cantu Hexsel rejected the motion to dismiss the Travis County lawsuit filed by plaintiff Benjamin Brody last year. Musk had argued that the case violated a state law…
Jurors in Donald Trump’s hush money trial concluded their first day of closed-door deliberations on Wednesday without reaching a verdict. The case involves the only U.S. president ever charged with a crime. The 12 jurors and six alternates plan to return to the New York courthouse at 9:30 ET (1330 GMT) on Thursday to weigh…
A U.S. appeals court set a fast-track schedule on Tuesday to address the legal challenges against a new law requiring China-based ByteDance to divest TikTok’s U.S. assets by January 19 or face a ban. The U.S. Court of Appeals for the District of Columbia scheduled oral arguments for September after TikTok, ByteDance, and a group…
A federal judge on Tuesday rejected prosecutors’ request to issue a gag order barring Donald Trump from making inflammatory comments about law enforcement. Trump’s campaign had falsely claimed the FBI had authorization to assassinate him when it searched his Florida resort for classified U.S. documents. U.S. District Judge Aileen Cannon, based in Florida, rebuffed Special…
On Monday, Donald Trump’s lawyers asked a federal judge to reject prosecutors’ request for a gag order limiting what the former president can say about law enforcement officers involved in his sensitive documents case. Trump’s team also requested that U.S. District Judge Aileen Cannon in Fort Pierce, Florida, impose sanctions and pursue civil contempt findings…