legal proceedings
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Elon Musk’s electric vehicle maker Tesla (TSLA.O) replaced its longtime law firm in a California class action, court records show. Tesla swapped a team from Cravath, Swaine & Moore with attorneys from Wilmer Cutler Pickering Hale and Dorr. Cravath finalized its withdrawal from the consumer antitrust case last week. Tesla is fighting claims that it…
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Guo Wengui, an exiled Chinese businessman and outspoken critic of Beijing’s communist government, faced conviction on Tuesday in his U.S. trial for stealing hundreds of millions of dollars from online followers. The trial, lasting seven weeks, ended with Guo found guilty on nine of the 12 criminal counts, including racketeering conspiracy and wire fraud. U.S.…
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District Judge William Alsup in San Francisco issued a ruling on Friday disqualifying Elon Musk’s social media company X Corp’s longtime law firm from representing them in a lawsuit against Israeli data-scraping firm Bright Data Ltd. The lawsuit alleges Bright Data illegally copied content from X’s platform. Alsup stated the lawsuit closely resembles a separate…
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A U.S. judge in Florida on Monday dismissed the criminal case accusing Donald Trump of illegally retaining classified documents after leaving office. The judge, Aileen Cannon, appointed by Trump, ruled that Special Counsel Jack Smith, leading the prosecution, unlawfully took his role and lacked the authority to bring the case. The Justice Department announced it…
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A U.S. appeals court temporarily halted the Federal Communications Commission’s reinstatement of landmark net neutrality rules until August 5th. This decision comes as the court considers legal challenges from the broadband industry. The FCC, voting along party lines in April, decided to resume regulatory oversight of broadband internet and restore open internet rules revoked in…
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Lawyers who convinced a Delaware judge to nullify Elon Musk’s $56 billion pay package face high stakes. They are seeking a substantial legal fee: more than 29 million Tesla shares, valued at $7.74 billion as of Thursday’s market opening. Tesla and many investors believe the lawyers deserve far less than this amount for representing a…
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Apple (AAPL.O) now faces a February 2026 trial in a $7 billion class action in California federal court. The lawsuit accuses the company of monopolizing the app market for its iPhones, alleging that this practice caused tens of millions of customers to pay higher prices. U.S. District Judge Yvonne Gonzalez Rogers set the date for…
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A New York federal judge has ordered Amazon.com (AMZN.O) to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers. U.S. District Judge Lorna Schofield in Manhattan late Thursday rejected Amazon’s claims that the Equal Employment Opportunity Commission (EEOC) subpoena was too broad and…
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Liberal Democratic U.S. Representative Alexandria Ocasio-Cortez introduced articles of impeachment against conservative U.S. Supreme Court Justices Clarence Thomas and Samuel Alito, her office announced on Wednesday. The effort has no chance of advancing in the Republican-controlled House of Representatives, as the House must vote to impeach and the Senate must then vote to convict to…
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A jury in Manhattan federal court convicted Archegos Capital Management founder Sung Kook “Bill” Hwang of fraud and other charges on Wednesday. Prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36 billion private investment firm. The jury, which began deliberations on Tuesday, found Hwang guilty on 10 of 11 criminal…
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