Novogratz’s Galaxy to Pay $200 Million in NY Luna Settlement March 28, 2025 By Emily Nicolle Michael Novogratz’s Galaxy Digital Holdings will pay $200 million in penalties over the investment firm’s role in promoting the failed...
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software March 28, 2025 By Andrew G. Simpson A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm...
Bankrupt 23andMe’s DNA Data Gets Sale Nod as Concerns Linger March 27, 2025 By Steven Church Bankrupt genetic testing firm 23andMe Holding Co. won permission from a judge to try to sell information about customers’ medical...
Cassava Sciences Must Face Malicious Prosecution Lawsuit Over Alzheimer’s Drug March 27, 2025 By Jonathan Stempel The biotechnology company Cassava Sciences failed on Wednesday to end a malicious prosecution lawsuit by doctors and short-sellers who expressed...
Anthropic Wins Early Round in Music Publisher AI Copyright Case March 26, 2025 By Blake Brittain Artificial intelligence company Anthropic convinced a California federal judge on Tuesday to reject a preliminary bid to block it from...
LA Municipal Utility Says No Evidence Energized Power Line Caused Fire March 26, 2025 By Laila Kearney A Los Angeles Department of Water and Power (LADWP) above-ground power line near the Pacific Palisades was energized when the...
Ticketmaster May Have Broken Law With ‘Platinum’ Oasis Seats March 26, 2025 By Ashley Carman Ticketmaster may have broken U.K. law by selling some Oasis concert tickets for 2.5 times what it charged for other...
Ripple Labs Says It Settles With US SEC, Will Pay Reduced $50M Fine March 26, 2025 By Jonathan Stempel Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities...
Stanchart Loses Bid to Cut Shareholders’ $1.9B UK Lawsuit in Half March 25, 2025 By Sam Tobin Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit...
Lawsuit: Downed Municipal Power Lines May Have Caused LA’s Palisades Fire March 25, 2025 By Rhea Rose Abraham, Shubham Kalia and Laila Kearney Several residents of Los Angeles who were affected by the deadly Palisades wildfire sued city authorities over claims that municipal...