#lawsuit

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    DELTA AIRLINES SUES CROWDSTRIKE FOR $500 MILLION OVER ALLEGED FAULTY SOFTWARE UPDATE.

    Delta Airlines has filed a significant lawsuit against CrowdStrike Holdings, Inc. (NASDAQ: CRWD), a prominent cybersecurity firm, alleging that an untested software update resulted in massive financial and operational losses. Delta claims that CrowdStrike’s update led to a system-wide outage in...
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    ALIBABA AGREES TO $433.5 MILLION SETTLEMENT IN U.S. SHAREHOLDER LAWSUIT OVER ALLEGED MONOPOLISTIC PRACTICES.

    On October 25, 2024, Alibaba Group Holding (9988.HK) announced it would pay $433.5 million to settle a U.S. class-action lawsuit brought by investors who alleged that the Chinese e-commerce giant engaged in monopolistic practices. Although Alibaba denies any wrongdoing, it agreed to the...
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    MCDONALD'S FACES LAWSUIT OVER E. COLI OUTBREAK LINKED TO QUARTER POUNDER BURGERS.

    McDonald’s is being sued by a Colorado man, Eric Stelly, who claims he contracted E. coli after eating a Quarter Pounder at a McDonald’s in Greeley, Colorado, on October 4, 2024. The lawsuit, filed in Cook County, Illinois, where McDonald’s is headquartered, seeks over $50,000 in damages...
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    GOOGLE LOSES FINAL EU COURT APPEAL OVER €2.4 BILLION ANTITRUST FINE IN SHOPPING CASE.

    Google has lost its final legal battle in a long-running antitrust case against the European Union, solidifying a €2.4 billion ($2.7 billion) fine imposed by the EU's top antitrust authority. The EU Court of Justice upheld a lower court’s ruling from 2021, dismissing Google’s appeal against the...
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    Starbucks Faces Third Lawsuit Alleging Theft of Coffee-Flavored Lipstick Concept

    Starbucks is once again facing legal action from Balmuccino, a Los Angeles-based company, which has filed its third lawsuit against the coffee giant, accusing it of stealing its concept for coffee-flavored lipstick and lip gloss. Balmuccino, whose leadership includes a sister-in-law of TV...
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    Intel Faces Shareholder Lawsuit Over Massive Stock Drop Following Job Cuts and Dividend Suspension

    Intel Corporation is embroiled in a class-action lawsuit filed by shareholders after the company's stock suffered a dramatic 26% decline, wiping out over $32 billion in market value. The lawsuit, filed in the U.S. District Court for Northern California, accuses Intel, along with its CEO...
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    Meta Agrees to $1.4B Settlement with Texas in Privacy Lawsuit Over Facial Recognition

    Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission, officials said Tuesday. Texas Attorney General Ken Paxton said the settlement is the largest secured by a single state. In...
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