Legal Archives - Page 6 of 258

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‘Most Florida Marijuana Is Illegal’ Mom Cautions Against Dangers Of Unregulated Weed In New Cannabis Legalization Ad

June 5, 4:50 PM

Meanwhile, Smart & Safe Florida has financial support from the super-generous Trulieve (OTCQX: TCNNF), which has spent upwards of $40 million to get the measure on the ballo

AYRWF

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Axos Fights Back Against Short Seller’s ‘Evergreening’ Allegations

By Lekha Gupta

June 5, 12:44 PM

Axos Financial says Hindenburg Research's short report is misleading and false. Its latest earnings call provided credit updates and there have been no changes since then, company says. ment and the company's favorable credit metrics are not manipulated. AX shares are up 0.32% at $50.41.

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SEC Chair Gary Gensler Fields Questions On AI, ‘Roaring Kitty’ And Congressional Trading: ‘Disclosure Doesn’t Necessarily Protect A Bad Actor’

By Adam Eckert

June 5, 11:02 AM

Gary Gensler talks AI's role in public markets, recent trading activity in GameStop Corp and insider trading rules in Wednesday CNBC interview.

GME

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Former Meta Engineer Accuses Company Of Bias In Handling Gaza Content, Files Lawsuit For Wrongful Termination

By Ananya Gairola

June 5, 3:44 AM

A former Meta engineer, Ferras Hamad, has filed a lawsuit against the company, alleging wrongful termination after attempting to fix content suppression issues related to Palestinian posts about the Gaza conflict.

Australia Orders China-Linked Investors To Divest From Rare Earths Miner Northern Minerals

By Stjepan Kalinic

June 4, 5:54 PM

Australian Treasurer Jim Chalmers ordered China-linked investors to divest from rare earths miner Northern Minerals to protect national interest.

NOURF

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Regulators Turn Up The Heat On ‘Roaring Kitty’ Over Recent GameStop Trading Activity: What You Need To Know

By Adam Eckert

June 4, 1:29 PM

GameStop trader Keith Gill is facing increased scrutiny from Massachusetts Secretary of State Bill Galvin over potential manipulation.

GME

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US Department Penalizes 3 Airlines With $2.5M In Fines For Slow COVID-19 Refunds

By Vandana Singh

June 4, 10:06 AM

The U.S. Transportation Department has fined Lufthansa, KLM, and South African Airways $2.5 million for significant delays in issuing COVID-19-related refunds.

DLAKF

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Gear Shift In Japan: Toyota & Other Auto Giants Reportedly Under Inspection Over Certification Scandal

By Lekha Gupta

June 4, 6:31 AM

Japan's transport ministry inspected Toyota Motor Corporation's headquarters and found irregularities, leading to broader repercussions in the industry.

APIE

1 minute read

Ericsson Turns The Corner: Reports Conclusion Of US Anti-Corruption Compliance Monitorship

By Lekha Gupta

June 3, 11:10 AM

Ericsson shares up after independent monitor concludes compliance work and the March 2023 Plea Agreement with the DOJ that followed non-criminal breaches of the DPA has also expired as of June 2.

ERIC

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Zantac Heart Burn Continues For GSK As US Court Ruling Allows Thousands Of Zantac Lawsuits To Move Forward

By Vandana Singh

June 3, 9:53 AM

GSK shares fell as the Delaware State Court allowed over 70,000 lawsuits regarding the discontinued heartburn drug Zantac (ranitidine) to proceed. This ruling contradicts a Federal Court's 2022 decision dismissing similar cases, potentially increasing GSK's liability.

GSK