legal battle
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Meta Platforms (META.O) won the dismissal of a lawsuit alleging it defrauded shareholders by hiding the impact of changes to Apple’s (AAPL.O) privacy settings on the desirability of Facebook and Instagram for advertisers. U.S. District Judge Yvonne Gonzalez Rogers ruled on Tuesday that Meta did not conceal former Chief Operating Officer Sheryl Sandberg’s use of…
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British drugmaker GSK (GSK.L) announced on Wednesday that it has agreed to settle two lawsuits in California alleging that its discontinued heartburn drug Zantac caused cancer. GSK stated it does not admit to any liability in these settlements. Over the past 12 months, GSK has resolved a series of lawsuits related to Zantac, including several…
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California Governor Gavin Newsom signed two bills into law on Tuesday that protect actors and performers from unauthorized use of their digital replicas in audio and visual productions. WHY IT’S IMPORTANT AI has influenced the entertainment industry for decades, but recent advances in generative AI—such as robots creating music as digital pop stars—have sparked debate.…
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U.S. antitrust regulators actively presented their case to block Kroger’s $25 billion bid to acquire rival grocer Albertsons. The trial will wrap up on Tuesday, but the legal battle over the merger is far from over, with two more trials this month addressing concerns that the merger could increase grocery prices. For the past three…
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Sean “Diddy” Combs used his fame as one of hip-hop’s biggest stars to coerce women into demeaning sex acts as part of a decades-long scheme involving sex trafficking and racketeering, according to a federal indictment unsealed on Tuesday. Prosecutors stated that starting in 2009, Combs leveraged his vast media empire, including his record label Bad…
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A lawyer representing TikTok and its Chinese parent company ByteDance urged a federal appeals court on Monday to block a U.S. law that would ban the app, which is used by 170 million Americans, starting January 19. The lawyer, Andrew Pincus, argued that the ban violates free speech protections under the U.S. Constitution. However, the…
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The group that successfully convinced the Supreme Court to ban the use of race in college admissions will take the Naval Academy to trial on Monday, challenging an exemption that allows military academies to continue using affirmative action policies. This two-week trial before a federal judge in Baltimore is the first to result from lawsuits…
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A federal judge in North Dakota, U.S. District Judge Daniel Traynor, on Friday rejected a request to recuse himself from a lawsuit involving current and former Columbia Law School faculty. The case concerns protests over the Dakota Access oil pipeline, and the recusal request followed a boycott by Traynor and 12 other judges against hiring…
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Carl Icahn’s investment company, Icahn Enterprises (IEP.O), won the dismissal of a lawsuit that accused it of artificially inflating its share price by issuing unsustainably high dividends to help Icahn secure large personal loans. On Friday, U.S. District Judge K. Michael Moore in Miami ruled that shareholders in the proposed class action failed to prove…
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A $500,500 sports betting win has sparked a legal controversy after Harrah’s Cherokee Casino Resort allegedly refused to pay the bettor his winnings. The dispute, now going viral due to a video posted by the man involved, centers around accusations that the bet violated the casino’s terms and conditions. The Incident The aggrieved bettor, whose…
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