Meta’s $16.7 Billion Settlement Could Reshape the Social Media Industry
Meta has agreed to pay up to $16.7 billion to settle a major US lawsuit over allegations that Facebook and Instagram harmed young users, in...
Tag : lawsuit
HDFC Bank Hit With US Lawsuit Over MSRDC Payments
HDFC Bank faces a US class action over an alleged Rs 45 crore scheme disguising interest payouts to MSRDC as marketing costs. The lawsuit was...
Trump Administration Sued by US States Over New Forced Labour Tariffs
A coalition of 25 US states has filed a lawsuit against the Trump administration, challenging a new round of tariffs imposed on imports from 60...
Macrotech Developers Shares Slipped 5% Amid Abhishek Lodha’s Lawsuit Against Abhidandan Lodha
Shares of Macrotech Developers dropped more than 5% on 22 January in response to CEO Abhishek Lodha’s lawsuit against younger brother Abhidandan Lodha in the...
CoinSwitch Sues WazirX for the $230 Million Hack
In response to last month’s $230 million hack, cryptocurrency exchange aggregator CoinSwitch declared that it is suing WazirX to recover 2% of its funds that...
Coforge Receives $11 Million Notice from North American Client
The IT major Coforge announced on 8 August that it has received a $11 million warning for an alleged data breach from a client in...
Uber Gets Slapped with £250 Million Lawsuit from London’s Black Cab Drivers
Thousands of black cab drivers in London have sued Uber Technologies Inc. for hundreds of millions of pounds, accusing the firm of illegally operating in...
Tesla Directors to Payback $735 Million to Company to Settle Overcompensation Lawsuit
According to a Monday filing in a Delaware court, Tesla’s directors will return $735 million to the electric car maker to settle claims from shareholders...
Agarwal and Other Ousted Twitter Executives Sue the Company for $1 Million
Former CEO Parag Agarwal and two other former Twitter executives have filed a lawsuit against the social media giant seeking reimbursement for costs related to...
Dogecoin up 30% as Mascot Replaces Twitter Logo, Musk Seeks $258B Lawsuit Dismissal
The value of Dogecoin saw a significant increase of more than 30% on April 4. This surge was attributed to Twitter CEO Elon Musk replacing...