Amazon was sued on Wednesday in a proposed class action lawsuit that alleges the e-commerce giant has used “punitive attendance policies” against its employees. The complaint claims Amazon uses an automated system to track employee attendance, and then threatens employees with discipline and possible termination when they make legally protected accommodation requests. “Under this system,…
A settlement has been reached in a lawsuit filed by four former Twitter executives over unpaid severance following Elon Musk’s acquisition of the company. Musk fired CEO Parag Agrawal, CFO Ned Segal, and lawyers Sean Edgett and Vijaya Gadde in 2022, according to TechCrunch. The former executives filed the $128 million lawsuit in 2024. Per…
A federal judge has ordered Elon Musk to face a proposed class-action lawsuit from voters who say they were misled into signing a petition in the buildup to the 2024 election by promises of a chance to win $1 million in a daily giveaway. The lawsuit, brought in the U.S. District Court for the Western…
MicroStrategy recently announced a $4.2 billion follow-on equity offering and added Peter L. Briger, Jr. to its Board. These corporate maneuvers and a 45% price increase could reflect a positive response to its product innovations such as Strategy Mosaic and index reclassification to the Russell Top 200 indexes. Although the broader market was flat recently,…
CONCORD, N.H. (AP) — A federal judge in New Hampshire will hear arguments Thursday on whether to certify a class-action lawsuit that would include every baby affected by President Donald Trump’s restrictions on birthright citizenship. The lawsuit, filed on behalf of a pregnant woman, two parents and their infants, is among numerous cases challenging Trump’s…
Hims & Hers Health has experienced a tumultuous quarter, marked by Novo Nordisk’s termination of their collaboration after allegations of unsafe practices, resulting in a 35% drop in the company’s share price. This partnership termination, alongside a class action lawsuit alleging misleading statements about safety and operational risks, contributed to heightened market volatility. Despite a…
UnitedHealth Group is being sued by investors who claim the company misled them by allegedly withholding information on how the company was being affected by a backlash prompted by its response to the December killing of top executive Brian Thompson. In the proposed class action lawsuit filed Wednesday in the Southern District of New York, investor…