Investor Suit Alleges Tesla CEO Musk’s Tweets Violate SEC Pact March 15, 2021 By Jonathan Stempel Tesla Inc. Chief Executive Elon Musk has been sued by a shareholder who accused him of violating his 2018 settlement...
Judge Permits Suit Alleging Geico Overcharged Drivers During Pandemic March 7, 2021 By Jonathan Stempel The auto insurer Geico Corp., a unit of Warren Buffett’s Berkshire Hathaway Inc., must face a proposed class action claiming...
Mother of 11-Year-Old Who Died in Texas Freeze Sues Power Companies for $100M February 22, 2021 By Jonathan Stempel The mother of an 11-year-old boy who died after they lost electricity and heat in their Texas mobile home during...
Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan February 17, 2021 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone...
Judge Denies Citibank Bid to Recoup Some of Mistaken $893M Payments to Revlon Lenders February 17, 2021 By Jonathan Stempel A federal judge on Tuesday said Citigroup Inc. is not entitled to recoup half a billion dollars of its own...
New York Attorney General Sues Amazon Over COVID-19 Shortfalls February 17, 2021 By Jonathan Stempel New York Attorney General Letitia James sued Amazon.com Inc on Tuesday over its handling of worker safety issues around the...
Judge Dismisses Walmart Lawsuit Over Pharmacy Liability in Opioid Crisis February 5, 2021 By Jonathan Stempel A federal judge has dismissed Walmart Inc’s lawsuit seeking to preemptively block the U.S. government from blaming the world’s largest...
Judge Permits McDonald’s Suit Against Ex-CEO Over Alleged Sexual Affairs Cover-Up February 3, 2021 By Jonathan Stempel and Tom Hals A Delaware judge on Tuesday rejected former McDonald’s Corp. Chief Executive Stephen Easterbrook’s bid to dismiss a lawsuit by the...
Shareholder Lawsuit Alleges Tyson Misled About COVID-19 Protocols February 3, 2021 By Jonathan Stempel U.S. meat and poultry processor Tyson Foods Inc. was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about...
Judge Rules Former CBS Shareholders Can Sue Over ViacomCBS Merger January 28, 2021 By Jonathan Stempel A Delaware judge on Wednesday said former CBS shareholders may pursue a lawsuit accusing Shari Redstone, the daughter of late...