Target Must Face Shareholder Lawsuit Over Pride Backlash, Judge Rules December 5, 2024 By Mike Scarcella Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders...
Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims October 23, 2024 By Jonathan Stempel Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy...
US Supreme Court to Hear Facebook Bid to Scuttle Shareholder Lawsuit June 10, 2024 By John Kruzel The U.S. Supreme Court agreed on Monday to hear a bid by Meta’s Facebook to scuttle a private securities fraud...
FTX Investors Settle With Bankman-Fried to Pursue Promoters April 22, 2024 By Ava Benny-Morrison and Jef Feeley A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for...
Meta Seeks Dismissal of Shareholder Suit Alleging Failure to Address Human Trafficking March 8, 2024 By Randall Chase Attorneys for Meta Platforms and several of its current and former leaders, including founder Mark Zuckerberg, are asking a Delaware...
Musk Can’t Escape Investor Suit Over Flip-Flop on Twitter Buyout December 12, 2023 Elon Musk must face a Twitter investor lawsuit that accuses him of fueling uncertainty about his proposed buyout in an...
Elon Musk Must Face Fraud Lawsuit for Disclosing Twitter Stake Late October 4, 2023 By Jonathan Stempel Elon Musk was ordered by a U.S. judge to face most of a lawsuit claiming he defrauded former Twitter shareholders...
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...
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits May 1, 2023 By Jack Queen A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to...
Tesla’s Elon Musk Found Not Liable in Trial Over 2018 ‘Funding Secured’ Tweets February 6, 2023 By Jody Godoy A U.S. jury on Friday found Tesla Inc. CEO Elon Musk and his company were not liable for misleading investors...