Category: Lawsuits

  The Australian Securities and Investments Commission (ASIC) has taken legal action against Paypal Australia Pty Limited, alleging that the company’s standard form of contracts with small business owners contains an unfair term. According to ASIC, business account holders are given 60 days to notify Paypal of any errors or discrepancies in fees that Paypal has charged them, or else…

  An organization under the financial umbrella of outspoken billionaire George Soros is mounting a brazen bid to implement a perilous cap on free speech in America’s digital public square. Today, the battle lines are being drawn with Common Cause, a group bankrolled by Soros, gleefully trumpeting its success in nurturing a potent alliance with Big Tech to quash election…

The scraped data of 2.6 million DuoLingo users was leaked on a hacking forum, allowing threat actors to conduct targeted phishing attacks using the exposed information. Duolingo is one of the largest language learning sites in the world, with over 74 million monthly users worldwide. In January 2023, someone was selling the scraped data of 2.6 million DuoLingo users on…

Students rights are limited on school grounds. But they don’t cease to exist. And what they do off-campus is subject to even fewer limitations. These are long-held facts backed by years of court precedent, the most famous of which is the Supreme Court’s 1969 Tinker decision. This is the baseline for school-student interactions when it comes to constitutional rights, as…

SEC Charges Recidivist and Others in Offering Fraud Scheme Lit. Release No. 25804 / August 7, 2023 Securities and Exchange Commission v. Christopher A. Slaga a/k/a Keith Renko, Q4 Capital, LLC, J4 Capital Advisors LLC, and Hayden F. Greene, No. 8:23-cv-01425 (C.D. Cal. filed August 7, 2023) The Securities and Exchange Commission filed today a complaint in U.S. District Court…

The French-Italian owner of the Ray-Ban and Oakley eyewear brands was sued for allegedly scheming with competitors to inflate prices by as much as 1,000%. Paris-based EssilorLuxottica SA, the world’s largest eyewear company, is the “instigator and primary enforcer” of the price-fixing scheme in the US market, forming illegal agreements with Frames for America Inc. and For Eyes Optical Co.,…

U.S. prosecutors have accused FTX founder Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to U.S. District Judge Lewis Kaplan on Thursday referencing a New York Times article titled “Inside the…

Former President Donald Trump’s criminal trial on charges of withholding and concealing classified and top-secret documents will begin in Florida on May 20, 2024. That schedule puts the trial at the tail end of the Republican presidential primary process. Trump is currently the front-runner for the GOP nomination and already may have become the nominee by that time. In an…

Backstory: Epstein continued socializing with A-listers despite conviction – media, New reports on Jeffrey Epstein demonstrate deep-going corruption of US ruling elite The U.S. Virgin Islands government is seeking at least $190 million in penalties from JPMorgan Chase in connection to its banking relationship with sex trafficker Jeffrey Epstein. In a new legal filing on Friday, the USVI’s Attorney General…

NEW YORK – Former Goldman Sachs banker Brijesh Goel’s trial on insider trading charges drew to a close on Tuesday, with his attorney saying he was framed by his friend and a prosecutor saying Goel had lied to a New York jury. Goel, a former Goldman Sachs vice-president, faces securities fraud, conspiracy and obstruction of justice charges for allegedly tipping…

NEW YORK – Gannett, the largest US newspaper chain and publisher of USA Today, on Tuesday sued Google for trying to corner the market for online advertising by monopolising ad technology. In a complaint filed in Manhattan federal court, Gannett, which has more than 200 daily newspapers, said Google’s control over tools for buying and selling online ads forces publishers…

BENSALEM, Pa., June 20, 2023 /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR). Class Period: April 8, 2020 – April 13, 2023 Lead Plaintiff Deadline: July 5, 2023 Investors suffering losses on their…

WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden has agreed to plead guilty to two charges of willfully failing to pay income taxes. He will enter into an agreement that could enable him to avoid a conviction on a gun-related charge, according to a court filing on Tuesday. The federal charges against Hunter Biden resulted from an investigation by…

  The European Commission has signalled it could be preparing to break up Google’s adtech business. Speaking during a press conference this afternoon, EU EVP Margrethe Vestager, the bloc’s competition chief and head of digital strategy, announced it has sent a formal statement of objections to Google for suspected anti-competitive conduct in its adtech business. If the Commission confirms its…

Treasury officials have been accused of being asleep at the wheel on breaches of confidential government information. Officials were grilled on their knowledge of potential breaches of confidential Treasury data by former PwC partner Peter Collins, who has been referred to federal police to investigate the allegations. Greens senator Barbara Pocock hit out at Treasury’s decision to sign new confidentiality…

WASHINGTON – US regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further pressure on the world’s biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months. The Securities and Exchange Commission (SEC) complaint, filed in a federal court in Washington, DC, listed 13 charges against Binance, Zhao…