U.S. Supreme Court News

US Supreme Court Dismisses Nvidia’s Bid to Avoid Securities Fraud Suit

The U.S. Supreme Court dismissed on Wednesday an appeal by artificial intelligence chipmaker Nvidia seeking to avoid a securities fraud lawsuit by shareholders who accused the company of misleading investors about how much of its sales depended on the volatile …

Supreme Court Seeks US Views in $1 Billion Music Copyright Case

The U.S. Supreme Court sought the federal government’s views in a billion-dollar copyright clash between the music industry and internet provider Cox Communications Inc. Entertainment companies including units of Sony Group Corp., Warner Music Group Corp. and Universal Music Group …

Meta Must Face Investor Suit After Supreme Court Drops Case

The U.S. Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a multibillion-dollar lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica. Investors claim the company, then …

US Supreme Court Mulls Facebook Bid to Escape Securities Fraud Suit

The U.S. Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data. The …

Facebook, Nvidia Ask US Supreme Court to Spare Them From Securities Fraud Suits

The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies …

Shkreli Bid to Overturn $65 Million Daraprim Award Rejected by Supreme Court

The U.S. Supreme Court left in place a $65 million antitrust judgment against Martin Shkreli, the “Pharma Bro” who served almost seven years in prison for defrauding investors. The justices without comment turned away Shkreli’s bid to overturn the award …

Smith & Wesson Gets Supreme Court Review on Mexico Gun Suit

The U.S. Supreme Court will consider tossing out a Mexican government lawsuit accusing Smith & Wesson Brands Inc. and other gunmakers of facilitating firearm sales to people connected to the country’s violent drug cartels. In a case that could bolster …

Supreme Court Seeks U.S. Government Views on Honolulu Climate Suit Against Oil Companies

The U.S. Supreme Court on Monday asked President Joe Biden’s administration to offer its views on a bid by Sunoco and other oil companies to scuttle a lawsuit by Honolulu accusing them of deceiving the public about climate change. The …

Supreme Court Backs NRA in First Amendment Claim Against New York Regulator

The U.S. Supreme Court has revived a claim by the National Rifle Association (NRA) that a former New York regulator allegedly violated the organization’s First Amendment rights by coercing insurers and banks to terminate their business relationships with the NRA …

US Supreme Court Examines Firings of Pro-Union Starbucks Workers

The U.S. Supreme Court on Tuesday steps into the contentious unionization drive at Starbucks as the coffee chain challenges a judicial order requiring it to rehire seven employees at a Tennessee cafe who were fired as they pursued efforts to …