Law firm Dechert set to pay £3m to settle English fraud and conspiracy claim February 5, 2024 Dechert has settled an English lawsuit for £3m
Apple hit with lawsuit over anti-competitive behaviour through Apple Pay July 19, 2022 Apple is being sued over its Apple Pay system and accused of anti-competitive behaviour by stifling competition from other payment apps. The class action complaint filed yesterday in a California court by payment card credit union Affinity Credit Union alleges that the iPhone maker used its market power to resist competition from other payment apps. [...]
Has Ripple’s lawsuit with the SEC ended in settlement? March 4, 2022 Rumours are suggesting that Ripple's drawn-out lawsuit with the US Securities and Exchange Commission has finally ended in a settlement.
Paramount faces blockbuster lawsuit over Top Gun copyright breach June 7, 2022 Tom Cruise's latest blockbuster hit may be facing the courts after the family of the Israeli writer whose article inspired the 1986 original movie sues Paramount.
Companies should brace themselves for an avalanche of climate lawsuits, lawyers say May 26, 2022 London listed companies should brace themselves for an avalanche of climate related lawsuits, as shareholders and NGOs increasingly resort to litigation over climate related financial risks, lawyers have said. Investors are increasingly suing companies for breaching their fiduciary duties, over their failures to limit their exposure to climate risks, Fiona Huntriss, a partner at London [...]
US court dismisses antitrust lawsuit against Amazon March 19, 2022 US court has thrown out a lawsuit against Amazon.com after the tech giant was accused of antitrust violations. The court dismissed claims relating to the website banning third-party sellers from offering better deals for their products elsewhere. Amazon’s motion to dismiss the complaint was granted by Judge Hiram Puig-Lugo of the Superior Court of the [...]
Plane crash victims seek £750m damages from insurers via High Court lawsuit September 22, 2022 Survivors of a plane crash that killed 71 people have filed a High Court lawsuit against insurers Aon and Tokio Marine Kiln seeking $844m in compensation over the 2016 disaster that caused the deaths of 19 members of Brazil’s Chapecoense football team. Victims of the 2016 LaMia crash that killed almost all of the [...]
Elon Musk’s $44bn Twitter takeover bid hit with lawsuit May 7, 2022 Elon Musk and Twitter have been sued by a US pension fund seeking to block the Tesla CEO's $44bn (£35.6bn) takeover of the platform.
EY faces $2.7bn lawsuit over NMC Health audit May 28, 2022 The administrators of collapsed healthcare group NMC Health’s bankruptcy proceedings have filed a $2.7bn (£2.1bn) lawsuit against Big Four accountancy firm EY, over claims the auditor failed to spot a multi-billion-dollar fraud at the former-FTSE 100 firm. The High Court lawsuit claims EY failed to spot NMC Health’s accounts had been fraudulently misstated, that the [...]
Trading app Robinhood settles class action lawsuit over 2020 outages May 28, 2022 Stock market trading app Robinhood has agreed to settle a proposed class action lawsuit, over claims outages on its app cased investors to lose money during a period of pandemic-related stock market volatility. The lawsuit comes after retail investors flocked to the app in the midst of the pandemic, in their efforts to battle hedge [...]