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…
Fashion Nova‘s the target of a proposed class action alleging it uses deceptive pricing practices to incentivize consumers to purchase items it offers for sale. The proposed class action, filed in a Washington federal court on April 2, comes from five consumers: Evelyn Hernandez, Kenita Hearne, Selena Flores, Brianna Clark and Aliz Holly. The plaintiffs…
WASHINGTON (AP) — The Supreme Court on Wednesday seemed likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency. The justices heard arguments in the tech company’s appeal of a lower-court ruling allowing a 2018 suit led by a Swedish…