A rare trial against Elon Musk’s car company began Monday in Miami where a jury will decide if it is partly to blame for the death of a stargazing university student after a runaway Tesla sent her flying 75 feet […]
Tag: Lawsuit
Morgan Stanley, Goldman to Settle Lawsuit for $120M Over Archegos
ViacomCBS Inc. investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo & Co. for dumping the media company’s shares amid the collapse of Archegos Capital Management asked a judge for final approval of a $120 million settlement […]
Diageo Calls Tequila Purity Allegation ‘Baseless’ as US Lawsuit Proceeds
Diageo filed an initial response to a lawsuit accusing the spirits giant of misleading U.S. consumers about the purity of some of its popular tequila brands, calling the claim “baseless.” The company, which also owns whisky brands such as Johnnie […]
SEC, SolarWinds Reach Settlement to End Lawsuit Related to 2020 Breach
The U.S. Securities and Exchange Commission and software company SolarWinds Corp. have reached a settlement, ending a federal lawsuit that alleged investor fraud and known cybersecurity vulnerabilities. Early this month the SEC and SolarWinds jointly filed to stay the case, […]
Tesla Fails to Quash Florida Lawsuit Over Fatal Model S Crash
Tesla failed to persuade a federal judge to end a lawsuit over the death of a woman struck after an Autopilot-equipped Model S ran off the road in Key Largo, Florida, paving the way for a possible trial next month. […]
Lululemon Gets Aggressive Over Lookalikes in Costco Lawsuit
Lululemon Athletica Inc. is accusing Costco Wholesale Corp. of copying its apparel designs in a lawsuit—and the upscale sportswear company shared images with the court to back up its case. Here’s a look at the specific products that Lululemon is […]
Court Rules Flood Insurance Lawsuit Time-Barred: The Lesson of the One-Year Clock
A recent decision offers lessons for policyholders under the National Flood Insurance Program. In Zozo Investments LLC and Bertie & Neeka LLC v. First Community Insurance Company, the court dismissed a breach of contract suit with prejudice, finding that the plaintiffs […]