Category: Sues
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Digital Shovel Sues RK Mission Critical for Patent Infringement on Bitcoin Mining Containers
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Digital Shovel Holdings Inc. has filed a lawsuit against RK Mission Critical LLC, RK Mechanical LLC, and RK Industries LLC in the U.S. District Court for the District of Colorado, alleging patent infringement, according to a press release sent to Bitcoin Magazine. The dispute centers around Digital Shovel’s V-Shape technology,…
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FTC sues to block Tempur Sealy’s $4B purchase of Mattress Firm (NYSE:TPX)
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JHVEPhoto/iStock Editorial via Getty Images Update 1:20pm: Updated posts, added Tempur Sealy’s response. The Federal Trade Commission has filed a lawsuit to block mattress manufacturer Tempur Sealy (New York:TPX) planned to buy retailer Mattress Firm for $4 billion. Up 2.4% The regulatory authority issued an administrative complaint and issued a…
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Lido and Rocket Pool tokens tank after SEC sues Consensys
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Read DAO (I am doingRocket Pool (RPL) prices fell sharply on Friday. At the time of writing, LDO and RPL were in the red by 15% and 10% respectively, with the losses coming as the market reacted to the latest regulatory news. The price of Ethereum (ETH) was also lower,…
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Crypto Exchange Coinbase Sues SEC, FDIC, Alleging Regulatory Overreach
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Coinbase has filed an application Lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), accusing the agencies of trying to cripple the crypto industry. BREAKING: ?? Coinbase files lawsuit against SEC, alleging regulators are trying to cripple the cryptocurrency industry. pic.twitter.com/bD1B1Vny1r — Bitcoin Magazine…
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Coinbase Sues SEC, Demanding Clearer Guidelines On Crypto Regulation
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In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has launched a campaign Legal attack v. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC). The lawsuits, filed in Washington, D.C., District Court, aim to secure access to internal records that would shed light…
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Coinbase Sues SEC, Demanding Clearer Guidelines On Crypto Regulation
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In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has launched a campaign Legal attack v. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC). The lawsuits, filed in Washington, D.C., District Court, aim to secure access to internal records that would shed light…
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Biffa Sues Scottish Ministers for £200m Over Failed Bottle Deposit Scheme
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Biffa Waste Services Ltd has launched legal action to recover nearly £200 million from Scottish ministers, citing significant losses from investment in the government’s aborted bottle recycling scheme. The company’s legal team brought suit in the Court of Session, Scotland’s highest civil court, seeking to recover a £150m loss incurred…
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FTC sues Adobe over subscription plans practices
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Update: The story has been updated with comments from Adobe The Federal Trade Commission said Monday that it has filed a lawsuit against Adobe (Nasdaq: Literary) and two of its executives regarding the software maker’s subscription plan practices. Photoshop maker stock It fell 3% to $510.62. The US antitrust watchdog…
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Member of famous Motown group Four Tops sues hospital for racial discrimination By Reuters
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Written by Joseph X (Reuters) – The lead singer of the popular Motown band The Four Tops has filed a lawsuit against a hospital in Michigan, claiming he was restrained and denied treatment for a serious heart problem after medical workers did not believe he was a member of the…
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Tesla shareholder sues Musk to return billions in alleged unlawful profits By Reuters
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WILMINGTON, Del. (Reuters) – Elon Musk made billions of dollars by selling Tesla Inc (NASDAQ:) shares using inside information, an institutional shareholder charged in a lawsuit filed on Tuesday is asking a court to direct the Tesla CEO to return “unlawful profits.” Legal”. “ The lawsuit comes two days before…
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Scottish Woman Sues Netflix for $170M Over Baby Reindeer Character Depiction
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A Scottish woman, Fiona Harvey, has sued Netflix for defamation, negligence and invasion of privacy, claiming she was inspired by the character of Martha in the hit drama Baby Reindeer. Harvey’s lawsuit, filed in a California court, seeks more than $170 million (£132 million) in damages, alleging that Netflix broadcast…
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Tesla shareholder sues Musk for alleged $7.5 billion insider trading By Reuters
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(Reuters) – A Tesla (NASDAQ:) shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold more than $7.5 billion in shares of the electric car maker in late 2022, saying the businessman… The billionaire sold the stock before it was disappointing. Production and delivery…
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Lidar maker Hesai sues US government, denies alleged link to China’s military By Reuters
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SAN FRANCISCO (Reuters) – China-based Hisai Group filed a lawsuit against the U.S. government on Monday to add the maker of lidar light sensors to a list of companies allegedly working with the Chinese military. Hesai, whose sensors help self-driving cars and driver assistance systems obtain a 3D map of…
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‘Punched, kicked, grabbed, and brushed up against’—nurse’s husband sues her employer after she was strangled on the job
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The husband of a visiting Connecticut nurse who was killed during an appointment with a convicted rapist filed a wrongful death lawsuit Monday, alleging her employer repeatedly ignored worker safety concerns about treating dangerous patients. Ronald Grayson filed a lawsuit against Elara Caring, its affiliates, and others for the murder…