FTX Settles Legal Dispute with Bybit for $228 Million. FTX has reached a $228 million settlement with Bybit and its investment branch, Mirana, allowing it to reclaim vital assets for its creditors. This settlement is particularly crucial as it includes approximately $175 million in digital assets and $53 million in BIT tokens, pending court approval. […]
Lawsuit Claims AI Chatbot Contributed to Teen's Suicide. A Florida mother is taking a stand against the emerging dangers of artificial intelligence by filing a wrongful death lawsuit against Character.AI, alleging that an AI chatbot played a significant role in her 14-year-old son Sewell Setzer III's tragic suicide. Megan Garcia's 93-page lawsuit, filed in U.S. […]
Wrongful Death Lawsuit Filed Against Boar's Head Following Listeria Outbreak. A wrongful death lawsuit has been filed against Boar's Head in the wake of a devastating listeria outbreak, with the family of Otis Adams Jr. alleging that he contracted the illness from the company's deli meats. As of September 25, a total of 59 individuals […]
EngageSmart Class Action Lawsuit: Investor Opportunity. Bronstein, Gewirtz & Grossman LLC announces a crucial opportunity for investors of EngageSmart, Inc. who have suffered significant losses. A class action lawsuit has been filed against EngageSmart and its executives, offering affected investors a chance to seek justice and compensation. This legal action aims to recover damages for […]
Tennessee Entrepreneur Convicted in $35 Million Health Care Fraud Scheme. A federal jury has convicted Michael Kestner, a 72-year-old entrepreneur from Nashville, for orchestrating a staggering $35 million fraud scheme that exploited federal health care programs over nearly eight years. The jury found Kestner guilty of fraudulently billing for unnecessary medical injections, primarily targeting opioid-dependent […]
Kawhi Leonard's Trainer Sues LA Clippers Over Injury Treatment. Randy Shelton, former personal trainer for NBA star Kawhi Leonard, 33, has filed a lawsuit against the Los Angeles Clippers, claiming the team mishandled Leonard's injuries and retaliated against him for raising concerns. The lawsuit alleges "unsafe and illegal treatment for injuries" related to Leonard's ongoing […]
Former Moody's General Counsel Sentenced to 8 Months for Tax Evasion. New Jersey federal judge sentenced John Goggins, 63, of Chatham, New Jersey, the former general counsel of Moody's, to eight months in prison for willfully failing to file his personal federal income tax returns. The sentencing, which took place on Thursday, follows a federal […]
Major Settlement Reached in Baltimore Bridge Collapse: Over $100 Million Paid by Cargo Vessel Owner. In a significant legal resolution, the owner and operator of the cargo vessel responsible for the tragic collapse of the Baltimore bridge have agreed to pay over $102 million to settle a lawsuit initiated by the Justice Department. This announcement […]
McDonald's Faces Lawsuit Amid E. Coli Outbreak Linked to Quarter Pounders. In a troubling development for the fast-food giant, a lawsuit has been filed against McDonald's following a significant E. coli outbreak that has affected a Colorado resident. This marks the first legal action stemming from the outbreak, which has resulted in one fatality and […]
Venezuelan TV News Network Owner Accused in Suspected $1.2 Billion Money Laundering Operation. A federal grand jury in the Southern District of Florida has indicted Raul Gorrin Belisario, 56, the owner of a Venezuelan television news network, for his alleged role in a $1.2 billion money laundering scheme. This operation reportedly stems from corrupt activities […]
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