Google argues Supreme Court case could ‘upend the internet’
[ad_1] The biggest test yet of Section 230, which shields websites from liability for third-party content, goes before the U.S. Supreme Court for oral arguments Feb. 21 with nothing less…
FTX bankruptcy: ‘Over $5 billion’ in assets have been recovered, attorney says
[ad_1] FTX has recovered over $5 billion in assets as the former cryptocurrency giant continues to go through bankruptcy proceedings. “We have located over $5 billion of cash, liquid cryptocurrency…
Keurig K-Cup settlement: Today’s the final day join the $10 million lawsuit
[ad_1] If you have been making your morning cup of coffee using the popular Keurig KDP, -0.15% pods, aka K-Cups, then you may be entitled to some money. The beverage…
Feds move to seize Robinhood shares, Silvergate accounts tied to FTX
[ad_1] Federal authorities are moving to seize hundreds of millions of dollars in assets in the U.S. tied to the bankrupt cryptocurrency exchange FTX, a sign that the battle over…
Credit Acceptance shares tumble 12% after regulators sue, claim illegal subprime auto lending practices
[ad_1] Shares of subprime auto giant Credit Acceptance Corp CACC, -11.61% tumbled about 12% on Wednesday after New York Attorney General Letitia James and a key U.S. consumer watchdog sued…
SEC charges former SPAC CFO Cooper Morgenthau with fraud
[ad_1] The Securities and Exchange Commission on Tuesday said it issued fraud charges against Cooper Morgenthau after he allegedly stole more than $5 million from a special-purpose acquisition company and…
Hershey is being sued over concerns about lead and cadmium in its chocolate
[ad_1] Two weeks after Consumer Reports issued a study about potentially risky levels of heavy metals in several brands of dark-chocolate bars, a New York man has filed a proposed…
Exxon files lawsuit against EU over windfall tax on energy companies
[ad_1] BRUSSELS—Exxon Mobil Corp. XOM, -1.64% said Wednesday that it has filed a lawsuit against European Union authorities over the bloc’s decision to impose a windfall levy on energy companies’ high…
Crypto investors sue Gemini, Winklevoss twins for fraud over interest-earning accounts
[ad_1] Crypto exchange Gemini Trust Co. and its founders, twins Tyler and Cameron Winklevoss, are being sued by investors for fraud. In a filing Tuesday in federal court in Manhattan,…
New charges tie Bankman-Fried to damning FTX allegations with testimony from ex-girlfriend Ellison and fellow co-founder
[ad_1] One of the curiosities about Sam Bankman-Fried’s media tour ahead of his arrest was the degree to which the FTX founder was putting the blame on his former girlfriend,…
FTX’s Sam Bankman-Fried expected to consent to his extradition to U.S.
[ad_1] FTX co-founder Sam Bankman-Fried is planning to consent to extradition to the U.S. to face criminal charges related to the cryptocurrency exchange’s collapse, people familiar with the matter said. Bankman-Fried has…
Danske Bank to pay $2 billion to settle money-laundering charges at Estonia branch with DOJ and SEC
[ad_1] Danske Bank A/S on Tuesday pleaded guilty to charges of money laundering at its Estonian branch and agreed to forfeit $2 billion to settle a U.S. investigation of the…
FTX’s Sam Bankman-Fried is arrested in Bahamas, charges pending in U.S.
[ad_1] Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, which faced a colossal collapse this year, was arrested in the Bahamas on Monday, and is facing criminal charges in the…
Elon Musk’s Neuralink under investigation for animal-welfare violations: report
[ad_1] Elon Musk’s Neuralink Corporation is under federal investigation for possible animal welfare violations, according to a Tuesday report from Reuters. Neuralink, a neurotechnology company that is developing implantable computer…
Taylor Swift fans sue Ticketmaster over ticket-sale fiasco
[ad_1] More than two dozen Taylor Swift fans sued Ticketmaster in a California court for anticompetitive and fraudulent behavior after they alleged the company blocked them from buying tickets this past month to the…
Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report
[ad_1] Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against a holding company by FTX founder Sam Bankman-Fried over…
Activision stock looks undervalued with or without a Microsoft deal, says analyst
[ad_1] Activision Blizzard Inc.’s stock price has been swept up in the speculation around whether Microsoft Corp. will gain regulatory clearance for its $69 billion deal for the videogame publisher,…
Former Tesla Australia director pleads guilty to insider trading on lithium deal
[ad_1] Tesla Inc.’s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after…
Federal judge shuts down New York State cannabis license rollout in some regions
[ad_1] An injunction granted by a federal judge in response to a lawsuit against the New York State Office of Cannabis Management threatens to severely impact the full launch of…
Tyson CFO arrested for public intoxication after falling asleep in stranger’s house
[ad_1] Tyson Foods TSN, -0.28% chief financial officer John R. Tyson was arrested early Sunday morning after he was found sleeping in a house that wasn’t his own. A Fayetteville,…
Former MoviePass execs charged with securities fraud as prosecutors allege duo lied to investors, knew ticket scheme was a gimmick
[ad_1] There really is no such thing as a free ticket. The former chairman and chief executive of MoviePass have been charged with criminal securities fraud for allegedly lying about…
Three-judge appeals panel says CFPB funding structure is unconstitutional
[ad_1] WASHINGTON — A federal appeals court found the U.S. Consumer Financial Protection Bureau is funded through an unconstitutional method, a ruling that threw out the agency’s regulation on payday lenders and…
Deloitte China to pay $20 million SEC penalty for audit failures ‘at the most basic level’
[ad_1] The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to…
Tesla countersues California agency that filed racial discrimination suit against it
[ad_1] Tesla Inc. has countersued the California agency that filed a racial discrimination lawsuit against the company, alleging that the government organization violated state law in bringing about the suit. The electric-vehicle…
Boeing to pay $200 million to settle charges it misled investors following 737 Max crashes, SEC says
[ad_1] U.S. securities regulators late Thursday said that Boeing Co. and former Chief Executive Dennis Muilenburg have settled some charges in an investigation related to the aerospace and defense company’s…