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Four customers of FTX have filed a class-action lawsuit against the company and Alameda Research. They seek to recover losses they incurred following FTX's Chapter 11 bankruptcy filing last month. The lawsuit, which was filed in Delaware bankruptcy court, asks the judge to determine that the remaining assets
Multiple studies conducted on women who took Tylenol® while pregnant have found links between Tylenol® use and the development of attention-deficit/hyperactive disorder (ADHD) and autism spectrum disorder (ASD) in their children. A 2021 study published in the European Journal of Epidemiology found that Tylenol exposure during pregnancy may increase
Facebook owner Meta Platforms has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media company of allowing third parties, including Cambridge Analytica, of accessing users’ personal information. Lawyers for the plaintiffs called the proposed settlement the largest to ever be achieved in a US data
Wells Fargo has agreed to pay a settlement of $3.7 billion to the Consumer Financial Protection Bureau (CFPB) in relation to customer abuse allegations. These allegations pertain to checking accounts, mortgages, and auto loans, with some incidents of misconduct occurring as recently as this year. The settlement resolves the
Epic Games and the Federal Trade Commission reached a $520 million settlement over claims the Fortnite developer broke online privacy protection laws for kids and tricked players into buying in-game items. The settlement includes a record $275 million penalty to settle alleged violations of the Children’s Online Privacy Protection
Federal prosecutors charged social media influencers active in last year’s meme-stock fever with engaging in a $114 million “pump and dump” scheme. Constantinescu and Matlock are co-founders of Atlas Trading, a stock-trading forum on Discord. Constantinescu has more than 550,000 Twitter followers, according to the US Securities and
If you've bought chicken since 2009, you might be owed money. Here's how to collect You might be entitled to compensation if you purchased chicken products within the last 11 years. No receipt is necessary. The Department of Justice has investigated poultry companies for price-fixing violations
Cow’s milk-based baby formula and milk fortifier products (like Enfamil™ and Similac®) are more likely to develop necrotizing enterocolitis (NEC), a serious potentially fatal gastrointestinal illness that is seen mostly in premature babies and low-birth-weight babies. Studies have found that premature babies appear to develop NEC and other problems
USA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time. — US Attorney
According to Bloomberg News, Juul Labs has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a US youth-vaping epidemic. Juul said it had settlements with about 10,000 plaintiffs covering more than 5,000 cases in California.
The proposed class-action suit claims that MoonPay, a fintech company valued at $3.4 billion, and talent manager Guy Oseary conspired and engaged in fraudulent activity by recruiting prominent celebrities to invest in the company without disclosing their financial interest. The suit also alleges that celebrities, including Justin Bieber, Kevin
Another week another one bites the dust, and SBF is still on PR Tour on Twitter Spaces and getting puff pieces in top publications. Here are just a few highlights you need to know to keep up with the Cryptogeddon saga. FTX founder Sam Bankman-Fried has reportedly hired a key