Deutsche Bank to pay $75m to settle lawsuit by Jeffrey Epstein accusers May 18, 2023 Deutsche Bank has agreed to pay $75m to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. The accord resolves claims in a proposed class action in Manhattan federal court by Epstein’s accusers, and was confirmed by their [...]
Elon Musk files lawsuit against OpenAI and Sam Altman amid regulator scrutiny over Microsoft March 1, 2024 Elon Musk has taken legal action against OpenAI and its chief executive, seeking to force it to return to its founding principles over profit.
Revolut account closure lawsuit from late Russian oligarch’s son-in-law struck out by High Court January 25, 2024 A High Court judge has struck out a case brought by the son-in-law of a late Russian oligarch against Revolut for "unlawfully" closing his account.
KuCoin hit with lawsuit from New York Attorney General March 9, 2023 New York Attorney General Letitia James has filed a lawsuit against KuCoin for "failing to register as a securities and commodities broker-dealer and falsely registering itself as an exchange".
PayPoint faces multi-million pound lawsuit over alleged anti-competitive conduct July 18, 2023 PayPoint faces a multi-million pound lawsuit from a social enterprise, which has accused the payment services business of anti-competitive conduct.
Russian oligarch seeks to block fraud lawsuit over sanctions December 14, 2022 A high-profile Russian oligarch is seeking to block an $850m (£685m) fraud lawsuit over claims the Russian banks suing him could use proceeds from the case to “fund the war in Ukraine”. Lawyers acting on behalf of Russian banker Boris Mints called for the High Court lawsuit to be put on hold in arguing any [...]
GSK settles lawsuit over heartburn drug Zantac with alleged cancer links but ‘admits no liability’ June 23, 2023 Pharmaceutical giant GSK has revealed it has settled a lawsuit relating to discontinued heartburn drug Zantac, which was alleged to be linked to cancer. Shares in GSK jumped after it said an upcoming trial was cancelled but that it does not admit liability. The company hit back at allegations last year that the use of [...]
Sam Bankman-Fried used $10 million of stolen funds to pay legal bills, lawsuit claims July 21, 2023 Sam Bankman-Fried, founder of the collapsed FTX exchange, has paid $10 million to his legal defence counsel using stolen funds, it is alleged.
Glencore hit with investor lawsuit after bribery conviction October 10, 2022 Glencore is facing a class-action-style lawsuit in London's High Court, following its conviction for bribery earlier this year.
Shell lawsuit: Institutional investors back legal challenge over climate risk February 11, 2023 A group of European institutional investors is backing a novel London lawsuit against Shell's board over alleged climate mismanagement.