Class actions pose increasing threat to UK firms, new research shows December 1, 2022 Class action lawsuits pose an increasing threat to UK companies, according to new research showing the majority of British people would now willingly take part in collective claims. Most British people (60 per cent) would now be willing to take part in a claim against a company whose actions have impacted them, while 55 per [...]
Silicon Valley Bank: US bosses sued for fraud as fallout from collapse begins March 14, 2023 The parent company of Silicon Valley Bank and two of its top bosses are being sued by shareholders who have accused them of hiding the lender’s vulnerabilities to the effects of rising interest rates.
Insurance sector’s hard-nosed approach sees surge in High Court battles October 25, 2022 A hard-nosed approach towards paying out on policies, particularly in relation to Covid-19 business interruption claims, has led to a surge in lawsuits being filed against the UK’s insurers, new research shows. The number of High Court lawsuits filed against insurance companies more than tripled between 2017 and 2021, as policyholders increasingly resorted to legal [...]
Google has until 19 December to respond to antitrust lawsuit October 23, 2020 Google has until 19 December to respond to a major antitrust lawsuit filed by the US Department of Justice earlier this week. A court filing today revealed the date by which the tech giant would have to answer the case that officials have brought. The lawsuit accuses the $1 trillion company of breaking the law [...]
Pfizer and BioNTech countersue Moderna in Covid-19 patent row December 6, 2022 Pfizer and German partner BioNTech shot back at competitor Moderna last night in the latest jab in the Covid-19 vaccine patent lawsuit. The sparring over allegations from Moderna that Pfizer and BioNTech violated the rights its three patents it created prior to the pandemic has been ongoing since August. All three companies are also embroiled [...]
Trump’s data protection case dismissed by English court February 1, 2024 The former US president’s High Court lawsuit against British corporate intelligence consultancy was dismissed by a judge today in London. The defendant is Orbis Business Intelligence, founded by former government intelligence professionals Christopher Steele, who previously ran the Secret Intelligence Service’s (MI6) Russia desk, and Christopher Burrows. Donald Trump’s claim concerned a dossier which was [...]
GSK shares drag the FTSE 100 as company faces muli-billion pound bill after Zantac trial ruling June 3, 2024 GSK has hit back against a US ruling that found it could be sued over the potential cancer-causing properties of its heartburn drug Zantac.
Amazon launches legal action against ‘fake review brokers’ June 29, 2023 Amazon has filed four lawsuits against online fake review companies in an attempt to hold them to account for illicit behaviour that deceives consumers. The global tech company has challenged Reddit Marketing Pro, Mangocity, Littlesmm and Nice Discount with legal action this week. Amazon claims these ‘fake review brokers’ are trying to “mislead Amazon customers [...]
Getty boss warns Sunak against ‘risky’ trade-off between AI and UK creative industries January 15, 2024 Sunak must decide whether to bet big on AI at the expense of the UK's creative industries, the chief of Getty Images has said.
London gold market sued over ethical labelling for Tanzanian mine December 13, 2022 THE WORLD’S biggest bullion market is facing a High Court lawsuit over claims it wrongly certified gold from a Tanzanian mine as being responsibly sourced despite being at the centre of multiple allegations of human rights abuse. The London Bullion Market Association (LMBA) is being sued for an undisclosed sum by the families of two men [...]