Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld June 7, 2023 By Chris Dolmetsch esla Inc.’s $2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the...
Another Soft Market Is Inevitable June 7, 2023 By Susanne Sclafane In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market....
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits June 7, 2023 By Andrew G. Simpson A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may...
U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance June 7, 2023 By Jonathan Stempel, Hannah Lang and John McCrank The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major...
Cycling Fatalities Reach 46-Year High June 7, 2023 By Allen Laman Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration,...
SEC Sues Crypto Exchange Coinbase, One Day After Suing Binance June 7, 2023 By Jonathan Stempel The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency platform of operating illegally because...
Ford Recalls 125,000 Vehicles Over Engine Failures That Can Cause Fires June 6, 2023 By David Shepardson Ford Motor Co said on Tuesday it is expanding and issuing a new recall for 125,000 sport utility vehicles and...
Single Voicemail Enough to Violate Telephone Consumer Protection Act, 6th Circuit Rules June 6, 2023 By Jim Sams A single voicemail message left on a cellphone without permission is enough to allow an individual to proceed with a...
Lawsuit Claiming Racism at Tesla Draws Almost 240 Black Workers Saying ‘Me Too’ June 6, 2023 By Malathi Nayak A Black former assembly line staffer at Tesla Inc. is moving to add hundreds of other workers to his 2017...
Google Antitrust Suit Over Ad Tech Sent Back to State Court June 6, 2023 By Leah Nylen A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a...