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US SEC DISMISSES BINANCE LAWSUIT
Visa and Mastercard $38 billion swipe fee settlement gets preliminary approval after 20-year legal battle - what it means for merchants, credit card fees and consumersVisa Mastercard swipe fee settlement explained: A major legal battle over credit card swipe fees has advanced. A US district judge has give...
New claims against Sean 'Diddy' Combs allege sexual assault of minorHip-hop mogul Sean 'Diddy' Combs, who was convicted last year on prostitution-related charges, is now facing fresh legal trouble after a ne...
Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently failed to curb the distu...
H-1B workers get relief as US court scraps $100,000 fee; employers may accelerate filingsA US federal judge struck down the $100,000 fee for fresh H-1B petitions, deeming it an unlawful tax. This ruling could encourage more appl...
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...
UFC White House event under threat? Federal lawsuit seeks to stop 'Fight Night' on Trump's 80th birthdayA federal lawsuit challenges a proposed UFC 'Fight Night' event at the White House, citing legal and ethical concerns. Filed by the Public ...
Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources sayCalifornia, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, exp...
Johnson & Johnson beats lawsuit alleging that talc caused three women's cancerA Los Angeles jury ruled in favor of Johnson & Johnson, finding the company not negligent in a lawsuit alleging its talc products caused ov...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
US Supreme Court upholds SEC in fight over 'disgorgement' powerThe justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President ...
'Got fired, but now they came crawling back': Tech worker lands better job and higher salary before old company returns begging for help with lawsuit he warned aboutA tech professional was fired despite warning management about a critical technical flaw. His former company now faces a lawsuit due to thi...
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
Journalists barred from Pentagon press office: States that it has been designated as a 'Sensitive Compartmented Information Facility'The Pentagon has restricted media access further. Its press office has been redesignated as a Sensitive Compartmented Information Facility....
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
Crypto exchange Binance rolls out trading in US stocks, ETFsBinance has expanded its offerings beyond cryptocurrency, launching stock and exchange-traded fund trading for its users. Customers can now...
China's MiniMax loses bid to end Disney copyright lawsuit over AI systemA US judge has rejected a bid by Chinese AI firm MiniMax to dismiss a lawsuit. Major studios like Disney and Universal accuse MiniMax of st...
US Supreme Court declined to hear Meta's challenge to Vermont social media addiction lawsuitThe US Supreme Court has refused to hear Meta's appeal. This allows a lawsuit against Meta's Instagram to proceed. Vermont's attorney gener...
Relief for Donald Trump amidst Iran war, Strait of Hormuz deadlock? US Justice Department seeks to lift injunction on ballroom projectThe DOJ had previously asked Leon to dissolve his injunction and throw out the lawsuit over the ballroom after a foiled attack at the White...
Nasdaq gets SEC nod to list Bitcoin index options. Here’s why it mattersThe SEC has greenlit Nasdaq's Bitcoin index options, a significant move integrating Wall Street with digital assets. These cash-settled, Eu...