Legal Archives - Page 91 of 258

2 minute read

Legal
News

Mullen Files Lawsuit Against Large Stock Brokerage Firms, Including TD Ameritrade, Charles Schwab, National Finance Services And Others

August 29, 11:32 AM

CEO David Michery stated, "I am extremely frustrated that so many of our shareholders have suffered losses that we believe were caused in large part by unlawful trading activities in our stock."

MULN

2 minute read

Bitcoin Gets New Life – Federal Appeals Court Rules SEC Was Wrong To Reject Application From Grayscale For Spot Bitcoin ETF

By Anusuya Lahiri

August 29, 11:13 AM

The U.S. could be on the verge of getting its first spot bitcoin exchange-traded fund after a federal court ordered the U.S.

BLK

1 minute read

Closing The Case: How 3M’s Multi-Billion Dollar Settlement Impacts Its Q3 2023 Financials

By Shivani Kumaresan

August 29, 7:48 AM

3M Co (NYSE: MMM) confirmed reaching an agreement with the court-appointed negotiating plaintiffs' counsel to resolve the Combat Arms Earplug

MMM

4 minute read

Legal
News

‘DOT Fines American Airlines $4.1M For Unlawfully Keeping Thousands Of Passengers On The Tarmac For Hours’ – U.S DoT

By Happy Mohamed

August 28, 11:21 AM

https://www.transportation.gov/briefing-room/dot-fines-american-airlines-41-million-unlawfully-keeping-thousands-passengers-tarmac#:~:text=WASHINGTON%20%E2%80%93%20The%20U.S.%20Department%20of,passengers%20an%20opportuni

AAL

1 minute read

‘SEC Probes Major Lender Over Mortgage-Backed Securities Sold To Wall Street; The Change Company Facing Scrutiny Over Securities Products; Firm Says It’s Unaware Of SEC Investigation; Denies Wrongdoing’ – Bloomberg News

By Happy Mohamed

August 28, 11:19 AM

https://www.bloomberg.com/news/articles/2023-08-28/sec-probes-california-mortgage-lender-over-mbs-sold-to-wall-street The US Securities and Exchange Commission is probing The Change Company, a California

SPY

2 minute read

Legal
News

Statement On Ouster’s Ongoing Enforcement Of Its Patents Against Hesai

By Happy Mohamed

August 28, 9:01 AM

Ouster, Inc. (NYSE:OUST) ("Ouster" or the "Company"), a leading provider of high-performance lidar sensors, issued the following statement today relating to the Company's complaint filed with

HSAI

1 minute read

Walmart Settles Lawsuit Regarding Allegations Of Light-Bulb Patent Infringement: Report

By Nabaparna Bhattacharya

August 28, 8:11 AM

Walmart Inc. (NYSE: WMT) has reportedly resolved the University of California's light-bulb patent lawsuit.

WMT

2 minute read

Why Hawaiian Electric Stock Is Soaring Today?

By Vandana Singh

August 28, 7:41 AM

Hawaiian Electric Industries Inc (NYSE: HE) shares are gaining after the company released an in-depth response to the lawsuit recently filed by the County of Maui

2 minute read

Rite Aid Once Top Drugstore Chain Lost Over 80% Of Stock Value In One Year: Opioid Litigation Takes Toll

By Vandana Singh

August 25, 1:52 PM

Rite Aid Corp (NYSE: RAD) is reportedly on the brink of filing for bankruptcy amidst many lawsuits over its purported role in the opioid crisis to address its significant debt burden, which exceeds $3.3 billion, through a Chapter 11 filing.

ACI

1 minute read

Pharma Giants Unite Against Drug Price Negotiation: AstraZeneca Latest To Challenge The Government

By Vandana Singh

August 25, 1:49 PM

AstraZeneca Plc (NASDAQ: AZN) announced its legal challenge against the U.S.

AZN