Fraud Lawsuit
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Elon Musk Misled Investors During 2022 Twitter Purchase, Finds Jury
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition.
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US SEC Drops Fraud Case Against BitClout Founder Nader Al-Naji
The US Securities and Exchange Commission has dismissed its civil fraud lawsuit against BitClout founder Nader Al-Naji. The case accused him of raising $257 million (roughly Rs. 2,374 crore) through the sale of the project’s native token while allegedly misleading investors about how the funds would be used. The case was dismissed with prejudice...
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Dutch Trader Alleges Ex-Associate Posed As CIA Spy To Steal Company
A Dutch-born oil trader has filed a lawsuit against his former business associate for posing as a CIA operative and using a web of false intelligence claims to try to take control of his $350 million company.
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Priyanka Chopra's Facialist Sued For 31 Lakh By Woman Who Claims Chemical Peel 'Burned' Her Face
Victoria's personal lawsuit asserts claims for fraud, unfair competition, unlawful business practices and unlicensed practice of medicine
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"H-1B System Spammed With Fraud": White House Defends Visa Fee Hike
The Trump administration is gearing up to defend its new H-1B visa policy in court, amidst multiple lawsuits challenging the $100,000 fee imposed on new visa applicants.
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Richest US Real Estate Tycoon Disowns Son Amid Scam Allegations: "We Do Not..."
His son David Bren allegedly promised investors exclusive access to luxury vehicles, fine dining, and premium wines and cigars through 'The Bunker'.
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Apple Sued by Shareholders for Allegedly Overstating AI Progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its products but kept AI changes modest.
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Elon Musk Must Face Fraud Lawsuit Over Disclosure Of Twitter Stake
A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he had defrauded former Twitter shareholders by waiting too long to disclose his initial investment in the social media company, now known as X.
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US Supreme Court Tosses Case Involving Securities Fraud Suit Against Facebook
The US Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the misuse of the social media platform's user data.
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Lawsuit Claiming Elon Musk Rigged Dogecoin Ends
A lawsuit accusing Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said theElon Musk and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug. 29 dismissal of their case.
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Elon Musk Misled Investors During 2022 Twitter Purchase, Finds Jury
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition.
-
US SEC Drops Fraud Case Against BitClout Founder Nader Al-Naji
The US Securities and Exchange Commission has dismissed its civil fraud lawsuit against BitClout founder Nader Al-Naji. The case accused him of raising $257 million (roughly Rs. 2,374 crore) through the sale of the project’s native token while allegedly misleading investors about how the funds would be used. The case was dismissed with prejudice...
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Dutch Trader Alleges Ex-Associate Posed As CIA Spy To Steal Company
A Dutch-born oil trader has filed a lawsuit against his former business associate for posing as a CIA operative and using a web of false intelligence claims to try to take control of his $350 million company.
-
Priyanka Chopra's Facialist Sued For 31 Lakh By Woman Who Claims Chemical Peel 'Burned' Her Face
Victoria's personal lawsuit asserts claims for fraud, unfair competition, unlawful business practices and unlicensed practice of medicine
-
"H-1B System Spammed With Fraud": White House Defends Visa Fee Hike
The Trump administration is gearing up to defend its new H-1B visa policy in court, amidst multiple lawsuits challenging the $100,000 fee imposed on new visa applicants.
-
Richest US Real Estate Tycoon Disowns Son Amid Scam Allegations: "We Do Not..."
His son David Bren allegedly promised investors exclusive access to luxury vehicles, fine dining, and premium wines and cigars through 'The Bunker'.
-
Apple Sued by Shareholders for Allegedly Overstating AI Progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its products but kept AI changes modest.
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Elon Musk Must Face Fraud Lawsuit Over Disclosure Of Twitter Stake
A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he had defrauded former Twitter shareholders by waiting too long to disclose his initial investment in the social media company, now known as X.
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US Supreme Court Tosses Case Involving Securities Fraud Suit Against Facebook
The US Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the misuse of the social media platform's user data.
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Lawsuit Claiming Elon Musk Rigged Dogecoin Ends
A lawsuit accusing Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said theElon Musk and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug. 29 dismissal of their case.
