legal proceedings
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A federal judge narrowed a lawsuit accusing Apple (AAPL.O) of violating the privacy of iPhone, iPad, and Apple Watch users by collecting their personal data through proprietary apps such as the App Store, Apple Music, and Apple TV. U.S. District Judge Edward Davila in San Jose, California, dismissed most claims related to the “Allow Apps…
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A U.S. Trademark Office tribunal canceled a set of “Super Hero” trademarks jointly owned by comic giants Marvel and DC, following a request by a London-based comic book artist, according to a Thursday ruling. The USPTO’s Trademark Trial and Appeal Board ruled in favor of S.J. Richold’s company, Superbabies Ltd, after Marvel, owned by Disney,…
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A Connecticut oil and gas trader, Glenn Oztemel, was convicted on Thursday for orchestrating a nearly eight-year bribery scheme involving officials at Brazil’s state-owned oil company, Petrobras. U.S. prosecutors revealed that Oztemel, 65, from Westport, Connecticut, paid more than $1 million in bribes to secure business for two Connecticut trading companies, Arcadia Fuels and Freepoint…
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Under a newly revised ethics rule, U.S. Supreme Court justices and federal judges are not required to publicly disclose when they dine or stay at someone’s personal residence, even if that residence is owned by a business entity. The U.S. Judicial Conference’s Committee on Financial Disclosure issued this amended policy on Monday, which sets rules…
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The U.S. Federal Trade Commission (FTC) took action on Wednesday against five companies for using artificial intelligence in deceptive and unfair ways. Three of these cases targeted businesses that claimed to help consumers generate passive income through e-commerce storefronts. The FTC also settled cases with two companies, DoNotPay and Rytr. DoNotPay falsely claimed to offer…
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A judge sentenced former cryptocurrency executive Caroline Ellison to two years in prison on Tuesday for her role in helping her former boyfriend, Sam Bankman-Fried, steal $8 billion in customer funds from the bankrupt FTX exchange. Despite her extensive cooperation with prosecutors, U.S. District Judge Lewis Kaplan emphasized the seriousness of the case. He expressed…
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Former cryptocurrency executive Caroline Ellison will receive her sentencing on Tuesday for her role in helping her former boyfriend, Sam Bankman-Fried, steal approximately $8 billion in customer funds from the now-bankrupt FTX exchange. Ellison, who previously pleaded guilty to seven felony counts of fraud and conspiracy, testified as a key witness in the prosecution of…
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A Johnson & Johnson subsidiary began its third attempt at a multibillion-dollar bankruptcy settlement Monday, facing immediate contention. The settlement aims to end tens of thousands of lawsuits claiming the company’s baby powder and other talc products caused cancer. Attorneys representing cancer victims condemned the bankruptcy as a sham during the first court hearing. They…
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Federal prosecutors announced on Monday that they intend to charge Ryan Routh, the man accused of hiding with a gun near former President Donald Trump’s Florida golf course, with attempting to assassinate a major political candidate. The 58-year-old suspect has been ordered to remain in jail without bond while awaiting trial on two gun-related charges.…
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California and several environmental groups sued Exxon Mobil on Monday, accusing the oil giant of running a decades-long campaign that fueled global plastic waste pollution. During Climate Week in New York City, California Attorney General Rob Bonta announced the lawsuit after completing a nearly two-year investigation, which he said revealed Exxon deliberately misled the public…
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