Articles by Jonathan Stempel

Supreme Court to Consider Scope of Workplace Bias Law

The U.S. Supreme Court on Friday agreed to decide whether workers can bring discrimination lawsuits based on unwanted workplace transfers that were allegedly motivated by bias, an issue that can make or break many cases. The justices took up a …

Home Depot Paying $72.5M to Settle California Wage Class Action

Home Depot HD.N has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging the largest U.S. home improvement retailer underpaid workers in California. The preliminary settlement was filed late Thursday in a San Francisco federal court, and …

Gannett Sues Google, Alleges Online Ad Monopoly

Gannett Co Inc, the largest U.S. newspaper chain, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising. The publisher of USA Today and more than 200 …

Boeing Accused in Lawsuit of Stealing Trade Secrets for NASA Rocket

Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA’s Space Launch System rocket, and then building components with “critical” safety flaws that could endanger astronauts. Wilson Aerospace said it …

U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance

The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could dramatically transform a market …

SEC Sues Crypto Exchange Coinbase, One Day After Suing Binance

The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency platform of operating illegally because it failed to register as an exchange, in another blow to the crypto industry. The lawsuit is the SEC’s second …

SEC Sues Binance and Founder Zhao Over ‘Web of Deception’

U.S. 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 …

Judge Throws Out Shareholder Lawsuit Against Elon Musk Over Twitter Buyout

A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge …

Lawsuit Over Trident ‘Original Flavor’ Gum Is Dismissed

A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. U.S. District Judge Iain Johnston said it was “fanciful” to believe reasonable consumers would …

Norfolk Southern Bondholders Sue Over Safety Disclosures Preceding Ohio Derailment

Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost hundreds of millions of dollars because the railroad concealed safety risks prior to the February derailment in Ohio of a train carrying hazardous chemicals. The proposed class …