State Street becomes the latest financial giant to retreat from climate commitments, pulling its US operations from the Net Zero Asset Managers initiative. This follows similar exits by BlackRock, Vanguard, and JPMorgan amid legal threats from Republican-led states. The coordinated withdrawal signal
Three brothers allegedly orchestrated a corporate espionage scheme dubbed the “Sterri Takeover” that’s rocking the 401(k) administration industry. The lawsuit reveals leaked texts and executive involvement that could derail a major acquisition.
Electric vehicle maker Rivian will pay $250 million to resolve a class-action lawsuit filed by shareholders after sudden price increases on its R1 vehicles. The settlement comes as the company prepares for its crucial R2 SUV launch amid declining R1 sales and recent layoffs.
Electric vehicle manufacturer Rivian has reportedly agreed to pay $250 million to settle a class-action shareholder lawsuit stemming from controversial price increases on its R1 vehicles in 2022, according to court documents and company statements. The lawsuit alleged that Rivian included misleading information about production costs in its IPO documentation prior to going public in 2021.
Legal Battle Over Training Data Intensifies Social media platform Reddit has filed a federal lawsuit against AI company Perplexity, accusing…
Reddit Takes Aggressive Stance Against Unauthorized Data Harvesting Reddit has launched a significant legal offensive against four companies accused of…
Understanding the Verizon Settlement Framework Verizon Communications has initiated the distribution phase of a $100 million class-action settlement addressing allegations…
The Process Server’s Knock When Tyler Johnston received an urgent message from his roommate about a man with legal documents…
Shifting Security Conversations From Compliance To Liability Defense In a significant evolution of cybersecurity sales strategies, industry leaders are advocating…
A staff union has taken the European Central Bank to court, alleging attempts to silence criticism through intimidation. The lawsuit centers on letters sent to union representatives that reportedly sought to restrict their freedom of expression.
The European Central Bank is facing a significant legal challenge from its own staff union, with sources indicating the institution has been accused of censorship and intimidation tactics. According to reports, the union filed the lawsuit on October 13 with the EU’s General Court, seeking to annul letters sent by the bank’s top human resources officer.
Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in…
