Articles by Chris Prentice, Jonathan Stempel and Raphael Satter

SEC Sues SolarWinds for Concealing Risks Before Massive Hack

The U.S. Securities and Exchange Commission on October 30 sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC lawsuit in …

Hyundai, Kia Must Face Insurers’ Lawsuits Over Vehicle Thefts

A U.S. judge rejected bids by Hyundai and Kia to dismiss litigation by several hundred insurers seeking to recoup more than $1 billion they claim to owe drivers whose vehicles were stolen or damaged in a social media-inspired theft spree. …

Manhattan Real Estate Brokerages Sued for Inflating Commissions

A lawsuit filed on Monday accuses the Real Estate Board of New York (REBNY) and more than two dozen brokerages and companies of conspiring to artificially inflate commissions paid to agents who help sell residential real estate in Manhattan. The …

GE Settles Claims a Massachusetts Plant Sold Improperly Inspected Parts to Army, Navy

General Electric’s aerospace unit agreed on Monday to pay $9.4 million to settle federal government claims that a Massachusetts plant sold parts to the U.S. Army and Navy that were not properly inspected or did not meet specifications. The U.S. …

Uber Settles New York State Claims Related to Unemployment Benefits for Drivers

Uber Technologies has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain unemployment benefits, New York Governor Kathy Hochul said on Thursday. The ride-sharing company agreed to begin …

Uber to Pay $290M, Lyft $38M to Settle New York Wage Theft Claims

Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits. Attorney General Letitia James said Uber will pay $290 million and …

SEC Sues SolarWinds for Concealing Cyber Risks Before Massive Hack

The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC lawsuit in Manhattan …

United Wanted Young, Blue-Eyed, Blonde Women to Staff LA Dodgers Flights, Lawsuit Says

United Airlines UAL.O has been sued by two longtime flight attendants who say they were excluded from highly coveted assignments to work on charter flights for the Los Angeles Dodgers baseball team because of their racial background and age. In …

Meta’s Instagram Linked to Depression, Anxiety, Insomnia in Kids: States’ Lawsuit

Dozens of U.S. states are suing Meta Platforms and its Instagram unit, accusing them of fueling a youth mental health crisis by making their social media platforms addictive. In a complaint filed on Tuesday, the attorneys general of 33 states …

Elon Musk Must Face Fraud Lawsuit for Disclosing Twitter Stake Late

Elon Musk was ordered by a U.S. judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose that he had invested in the social media company, which he later …