In a statement Fox Corp said, it had filed a lawsuit against Flutter Entertainment for exercising its option to buy a 18.6% stake in U.S. sports betting firm FanDuel Group. According to a report from CNBC, while Fox wants to… Read More ›
lawsuit
Alibaba-backed Energy Monster’s US IPO caught in legal dispute
Alibaba and SoftBank-backed China’s biggest mobile device power bank startup Energy Monster has been caught in an ownership dispute which clouds its chances of a Nasdaq debut, already buffeted by new U.S. regulations to delist foreign companies that do not… Read More ›
Group of 90 investors seek $1.2 billion in damages from Vivendi
On Tuesday, a group of investors are set to ask a French court to back its $1.2 billion (1 billion euros) claim in damages from Vivendi, alleging that the media giant made false financial statements during a merger deal twenty… Read More ›
Amazon.com Inc faces lawsuit alleging systemic racism in workplace
A female manager at Amazon.com Inc has filed a lawsuit against the online retailer alleging that it hires Black people for lower positions, and promotes them more slowly than white colleagues. She also said she was subjected to harassment. The… Read More ›
SEC suspends KPMG auditors Jennifer Stewart and Christopher Stanley for improper professional conduct
In a statement, the U.S. Securities and Exchange Commission said, it has suspended two former KPMG auditors from practicing before the regulator after it found that they had failing to properly conduct an audit of the now-defunct, not-for-profit college that… Read More ›
British Supreme Court to rule on Uber’s drivers rights today
On Friday, Britain’s Supreme Court is set to give its verdict over workers’ rights at Uber in what could be a potentially landmark judgment with major ramifications for millions of people in the gig economy. In 2016, in a lawsuit… Read More ›
Nasdaq, NYSE, Cboe Global Markets sue SEC over planned overhaul of public data feed
According to court filings, Nasdaq Inc and the New York Stock Exchange have sued the Securities and Exchange Commission in an attempt to block a plan by the regulator to overhaul public data feeds that broadcast stock prices to investors…. Read More ›
Japan’s Nidec Corp files patent infringement lawsuit against HDD maker Seagate
On Wednesday, in a statement Japan’s Nidec Corp said, it had filed a patent infringement lawsuit against Seagate Technology LLC and its affiliates. In its lawsuit, filed on January 18, in the U.S. District Court in Delaware, Nidec has accused… Read More ›
Royal Dutch Shell faces lawsuit over continued investments in ing billions of dollars in fossil fuels
On Tuesday, in a significant development Royal Dutch Shell is facing a lawsuit brought on by environmentalist and human rights groups demanding that the energy giant cut its reliance on fossil fuels. In April 2019, seven activist groups, including Friends… Read More ›
New court order could potentially see Credit Suisse paying $680M
On Tuesday, in a statement Credit Suisse said, a judge who is presiding over a more than a decade long lawsuit regarding a U.S. residential mortgage backed security (RMBS) has asked it along with another party to issue estimates of… Read More ›
manageria.biz 