Jonathan Stempel News Today

Martin Shkreli has been sued in New York by a digital art collective that said it paid $4.75 million for a one-of-a-kind album by the hip-hop group Wu-Tang Clan, only to learn that the convicted... -June 11, 2024 at 07:02 pm EDT - MarketScreener

NEW YORK (Reuters) -Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other products that contained talc. The settlement resolves charges that Johnso...

The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods... -June 11, 2024 at 05:57 pm EDT - MarketScreener

Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for allegedly causing cancer. The settlement resolves charges that Johnson & Johnson misled consumers into believing its talc products, which it sold for more than a century before stopping, were safe. J&J did not admit wrongdoing in settling with the states, which were led by Florida, North Caro...

A California administrative judge rejected Teslas bid to dismiss claims by a top state regulator accusing the automaker led by billionaire Elon Musk of overstating its vehicles self-driving...

By Jonathan Stempel (Reuters) - A California administrative judge rejected Tesla's bid to dismiss claims by a top state regulator accusing the automaker led by billionaire Elon Musk of overstating its vehicles' self-driving capabilities. In a decis...

(Reuters) -Yelp can pursue a lawsuit accusing a reputation management company of fraudulently advertising its ability to remove "bad" reviews from the business review website.

NETFLIX-BABY-REINDEER-LAWSUIT:Netflix sued in $170 million Baby Reindeer defamation lawsuit | World News

NETFLIX-BABY REINDEER/LAWSUIT (UPDATE 1, PIX):UPDATE 1-Netflix sued in $170 mln Baby Reindeer defamation lawsuit

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) - A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked by the COVID-19 pandemic, and which according to prosecutors caused $7 bil...