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Business August 11, 2020

McDonald’s sues ex-CEO Stephen Easterbrook for improper relationships

McDonald’s has filed suit against its ex-CEO, Stephen Easterbrook to recover his two-year severance pay, stock options, and benefits package which is estimated to be worth over $40 million. They…

By – Jackie Allen
Latest news
Business August 11, 2020
California Judge orders Uber, Lyft to reclassify their drivers as employees

A San Francisco County Superior Court Judge ruled that Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) must…

By Marivic Cabural Summers
Business August 11, 2020
Plaid Inc. accused of collecting and selling private banking data

Edit: This article has been updated to include a statement from a Plaid Spokesperson.  In July 2020 a…

By Jackie Allen
Business August 10, 2020
DOJ aggressively prosecuting individuals involved in COVID-relief fraud

The U.S. Department of Justice (DOJ) in partnership with different law enforcement and other regulatory agencies remains active…

By Marivic Cabural Summers
Business August 10, 2020
Rialto Capital Management to pay $350K penalty to settle SEC charges

Rialto Capital Management, a registered investment management firm, agreed to a penalty of $350,000 to the Securities and…

By Marivic Cabural Summers
Business August 10, 2020
Airbus shareholders sue company over alleged securities fraud

Airbus SE (OTCMKTS: EADSY) is facing proposed class-action lawsuits filed by U.S. shareholders alleging that the European aerospace…

By Marivic Cabural Summers
Business August 10, 2020
Disney, Viacom to settle child privacy class-action lawsuit

The Walt Disney Company, along with Nickelodeon, the parent company of Viacom, and others have agreed to settle…

By Jackie Allen
Business August 10, 2020
Kodak pharma agreement on hold following stock inquiries

In late July, President Trump announced a $765 million loan to Kodak pharma to produce generic drug ingredients…

By Colby McCoy
Business August 9, 2020
World Acceptance Corp to pay $21.7 million to settle SEC charges

World Acceptance Corporation (NASDAQ: WRLD), a consumer lender based in South Carolina, agreed to pay a total of…

By Marivic Cabural Summers
Business August 9, 2020
China used COVID-19 to nationalize China-based Saleen Automotive

According to Steve Saleen, founder of the specialized high-end automotive company Saleen Automotive as well as his partner…

By Colby McCoy
Business August 9, 2020
Monster Energy issues counterclaims to VPX, court date set for October

According to recently released court documents, Monster Energy has issued a response to Vital Pharmaceutical’s (VPX) complaint of…

By Colby McCoy

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