lawsuit News

Byju’s Founders Accuse GLAS Trust of Baseless Lawsuit and Conspiracy to Seize Company Control

Byju’s founders dismiss a US lawsuit by GLAS Trust as baseless, accusing them of a conspiracy to seize control. The dispute escalates with allegations of intimidation and financial...

Byju's Founders Face Legal Battle in US Over Alleged $533 Million Fraudulent Transfer

Byju's Alpha sues its co-founders and a former executive in the US over an alleged $533 million fraudulent transfer. The founders deny the claims, accusing the lenders of conspirac...

OpenAI Strikes Back: Counter-Sues Elon Musk Amidst Allegations of Control and Profit Motives

OpenAI Inc. is counter-suing Elon Musk, accusing him of bad-faith tactics and attempting to control the company for profit. The lawsuit follows years of conflict, including Musk's ...

SEC Drops Lawsuit Against Coinbase: A New Chapter for Crypto Regulation?

Coinbase and the SEC have reached an agreement to dismiss a lawsuit accusing Coinbase of trading unregistered securities. The dismissal, pending SEC approval, marks a significant m...

SEC and Coinbase Reach Agreement to Dismiss High-Profile Crypto Lawsuit

Coinbase and the SEC have agreed to dismiss the litigation against the crypto exchange, with no fines or business changes required. This resolution, pending SEC approval, marks a s...

SEC and Coinbase Reach Agreement: Lawsuit to be Dismissed with No Fines or Business Changes

Coinbase and the SEC have reached an agreement to dismiss the SEC's litigation against Coinbase, with no fines or business changes. This marks a significant moment for the cryptocu...

SEC Drops Lawsuit Against Coinbase: A Turning Point for Crypto Regulation?

Coinbase and the SEC have reached an agreement to dismiss the litigation against the crypto exchange, marking a significant moment for crypto regulation. The deal, awaiting final a...

Nippon Steel Challenges Biden Administration in Court Over Blocked US Steel Deal

Nippon Steel Corp. is taking the Biden administration to court over the blocked acquisition of US Steel Corp., alleging unfair review processes and political interference. The tria...

Walgreens Faces Nationwide Lawsuit Over Alleged Unlawful Prescription Practices

The U.S. Department of Justice has filed a lawsuit against Walgreens for allegedly dispensing millions of prescriptions without a legitimate medical purpose, including excessive qu...

FTC Takes Legal Action Against PepsiCo for Alleged Pricing Discrimination Practices

The FTC has sued PepsiCo for illegal price discrimination, alleging the company favored a large retailer with discounts while increasing prices for others, potentially harming comp...

Legal Showdown: Nippon Steel and US Steel Challenge Biden's Block on $14.9B Merger

Nippon Steel and US Steel have filed lawsuits against President Biden's decision to block their $14.9 billion merger, claiming it would enhance US national security and strengthen ...

1MDB Sues Amicorp Group for Alleged Role in $7 Billion Fraud Scandal

Malaysian sovereign wealth fund 1MDB files a billion-dollar lawsuit against Amicorp Group, alleging crucial role in facilitating a multibillion-dollar fraud. The lawsuit accuses Am...

Lyft Sues San Francisco Over Alleged $100 Million Tax Overcharge

Lyft Inc. has launched a legal battle against San Francisco, accusing the city of improperly levying $100 million in taxes over the past five years. The lawsuit claims that San Fra...

OpenAI Defends For-Profit Conversion Against Elon Musk's Legal Challenge

OpenAI plans to ask a California judge to reject Elon Musk's request to halt its conversion to a for-profit company, releasing emails to show Musk initially supported the move. Mus...

Coinbase Accused of Delisting Wrapped Bitcoin to Boost Its Own Token

BiT Global Digital Limited sues Coinbase for $1 billion, accusing the exchange of delisting Wrapped Bitcoin to promote its own token, causing financial losses and damaging consumer...

UK Court Revives Forced Labour Lawsuit Against Dyson by Malaysian Workers

The UK Court of Appeal has allowed a lawsuit by Malaysian workers against Dyson, alleging forced labour, to proceed in London, overturning a previous High Court ruling.

Albertsons Accuses Kroger of Breaching Merger Deal, Files Lawsuit

Albertsons Companies Inc. sues Kroger Co. for alleged breach of contract in their merger deal, claiming Kroger failed to secure regulatory approval. Albertsons seeks damages and ha...