74.9 F
New York
Friday, May 24, 2024

Walmart Negligence Exposed in Amputation Lawsuit as Judge Rules Company Destroyed Key Evidence

(USA Herald) - In a recent ruling, a Florida federal judge has found that Walmart destroyed key evidence in a lawsuit brought by a...
Simpson Thacher Leads Lexington To $22.7B Secondary Fund

Simpson Thacher Leads Lexington To $22.7B Secondary Fund

Lexington Partners, under the strategic counsel of Simpson Thacher & Bartlett LLP, triumphantly declared on Tuesday the closure of its colossal secondary fund, Lexington...

Fear that AI will cause job loss may be exaggerated

As businesses rapidly adopt AI tools for tasks such as speech translation and language learning models. According to the online periodical Insider Tech, many...
uBiome founders face fraud charges

Surf Financial CEO David Nava pleaded guilty to multi-million dollar securities and tax fraud

David Nava, the CEO of Surf Financial Group LLC admitted to operating multi-million dollar securities and tax fraud scheme and an unlicensed money services...
Sony Ducks $500M PlayStation Patent Suit

Sony Ducks $500M PlayStation Patent Suit

In a dramatic turn of events, a Delaware federal court has brought down the gavel in favor of tech giant Sony, effectively quashing a...

Registered Investment Adviser and $131 Million Market Manipulation Scheme

Market Manipulation of Epic Proportion Louis Petrossi, a former investment adviser, sells naïve investors worthless stock through a complex market manipulation scheme. In doing so,...
FTC sues Beam Financial

FTC bans Automatic Funds Transfer Services (AFTS) from processing debt relief payments

The Federal Trade Commission (FTC) is prohibiting Automatic Funds Transfer Services, Inc. (AFTS) and its owner, Eric Johnson from processing debt relief payments. The Commission's...
Ex-Philly Labor Leader Convicted Of Embezzlement

Ex-Philly Labor Leader Convicted Of Embezzlement

In a high-stakes courtroom drama echoing the intricate plot of a legal thriller, John Dougherty, the once towering figure in Philadelphia's labor circles, found...

Talc Claimants Slam Johnson & Johnson’s En Banc Bid in Chapter 11 Case

(USA Herald) - Talc claimants are fighting back against Johnson & Johnson (J&J) subsidiary LTL Management's bid for an en banc hearing in its...
Norfolk Southern $500M Suit

Norfolk Southern $500M Suit : Over Ohio Train Derailment

In a legal tempest brewing against Norfolk Southern Railway Co., Edwin Wang, the proprietor of CeramFab Inc., a manufacturing and fabrication company, is unleashing...

Must Read

DOJ Sues Live Nation

DOJ Sues Live Nation to Unwind Ticketmaster Merger

The U.S. Department of Justice sued Live Nation Thursday over the 2010 agreement clearing the concert promotion giant's purchase of Ticketmaster, an oft-maligned deal...