In a significant development U.S. District Judge Paul Crotty in Manhattan ruled that Goldman Sachs Group Inc will have to again face a class action by shareholders who said they lost $13 billion since the bank hid conflicts of interest when… Read More ›
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
McDonald’s Corp has been sued for at least $10 billion by two companies owned by Byron Allen, a media entrepreneur, who has accused it of racial discrimination since it does not advertise enough with Black-owned media outlets. According to the… Read More ›
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 ›
With U.S. President Donald Trump calling his lawyers to shore up his re-election prospects, legal experts opine that the lawsuits are likely to have little impact on changing the outcome but could cast doubts on the process. With Trump’s path… Read More ›
The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
The market for legal sports betting could range between $1.2 billion and $57.6 billion of total wagers, with proceeds for gaming operators between $62 million and $2.9 billion. With the U.S. Supreme Court paving the way for U.S. states to… Read More ›
With the NY Supreme Court judge holding off from taking a decision in this case and with the next hearing yet to be scheduled, Fujifilm Holdings scored a small victory against activist shareholders Carl Icahn and Darwin Deason over their… Read More ›
Along with this barrage of canon fire, Japan’s third largest steelmaker is also facing the loss of 2 Japanese Industrial Standards (JIS) badges, which is likely to impact its ability to sell its products to customers. Class-action lawsuits have been… Read More ›
While this ruling was expected by analysts and lawmakers, it could complicate if not delay Theresa May’s 12-point plan of focusing on global trade. In a landmark ruling that could set Britain’s tone for Brexit, the UK’s Supreme Court has… Read More ›
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