Apple Asks Judge to Toss Antitrust Lawsuit August 2, 2024 By Jody Godoy Apple on Thursday asked a U.S. judge to dismiss a lawsuit by federal and state antitrust regulators accusing it of...
Meta Platforms to Pay $1.4B to Settle Texas Lawsuit Over Facial Recognition Data July 30, 2024 By Mike Scarcella and Jody Godoy Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of...
FTC Looking Into Targeted Pricing Based on Personal Data July 26, 2024 By Jody Godoy The U.S. Federal Trade Commission has launched a study of products that could allow companies to set different prices for...
US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia June 6, 2024 By Jody Godoy The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust...
Supreme Court Rules Corporate Silence on Impactful Trends Not Securities Fraud April 16, 2024 By Jody Godoy Shareholders cannot sue companies for fraud if they flout a rule requiring disclosure of trends expected to affect their bottom...
American Airlines Must Face Lawsuit Over ESG Retirement Investing February 23, 2024 By Jody Godoy American Airlines must face a lawsuit claiming it failed to prudently oversee employee retirement funds because it used asset managers...
Judge Orders Elon Musk to Testify in SEC’s Twitter Probe February 12, 2024 By Jody Godoy A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his $44...
Elon Musk Asks Court to Reject SEC’s Bid to Make Him Testify in Twitter Probe November 6, 2023 By Chris Prentice and Jody Godoy Elon Musk asked a federal judge on Nov. 2 not to force him to testify in the U.S. Securities and...
Ex-Crypto Mogul Sam Bankman-Fried Convicted of Multi-Billion Dollar FTX Fraud November 3, 2023 By Luc Cohen and Jody Godoy FTX founder Sam Bankman-Fried was found guilty Nov. 2 of stealing from customers of his now-bankrupt cryptocurrency exchange in one...
Bankman-Fried Acknowledges ‘Mistakes’ But Testifies He Did Not Defraud Anyone October 27, 2023 By Jody Godoy and Luc Cohen Sam Bankman-Fried, testifying in his own defense at his fraud trial on Friday, acknowledged that a “lot of people got...