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US Files Civil Action To Return $150 Million Embezzled Funds To Sony

21st December 2021
On Monday, the United States filed a civil forfeiture complaint to return over $150 million to a subsidiary of Tokyo-based Sony Corp after the funds were allegedly stolen then seized by law enforcement during the FBI’s investigation of the incident.  Back in May, an employee of Sony Life Insurance Company Ltd in Tokyo allegedly embezzled […]
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Judge Rejects Fox News Motion To Dismiss $1.6 Billion Defamation Lawsuit

17th December 2021
In the ruling, Delaware Superior Court Judge Eric Davis said that the voting machine company had demonstrated that “it is reasonably conceivable that Dominion has a claim for defamation per se.” Dominion filed a lawsuit earlier in the year against Fox News claiming that some of the media giant’s employees elevated false charges that Dominion […]
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Prosecutors In Theranos Case Say Holmes “Chose Fraud Over Business Failure”

17th December 2021
On Friday, the prosecution will have the opportunity to present a rebuttal before the case goes to the jurors.  Elizabeth Holmes faces 11 charges of defrauding investors, medical professionals, and patients over Theranos’ blood-testing technology, which the company claimed could carry out hundreds of tests with just a single drop of blood. Holmes faces up […]
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McDonald’s Settles Lawsuit With Ex-CEO Over Alleged Lies About Affairs

16th December 2021
Under the settlement, Easterbrook has returned the equity awards and $105 million he received as a severance package in 2019.   Easterbrook was sued by McDonald’s in August 2020, claiming he never gave directors a full picture of his relationships with employees at the company. Mcdonald’s said that, when it fired Easterbrook, it was only aware […]
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Cineworld Ordered To Pay £725 Million For Abandoning Cineplex Deal

16th December 2021
The Ontario Superior Court ruled in favour of Cineplex and awarded the Canadian group damages of £725 million for lost synergies.  Cineplex began legal proceedings shortly after the deal was scrapped, claiming a breach of good faith by Cineworld. The group claimed damages of $2.18 billion minus the value of shares retained by its shareholders. […]
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Debevoise & Plimpton Say Phishing Scam Is Using Firm’s Trademark

15th December 2021
In a complaint on Monday, Debevoise & Plimpton said that the owners of “debevoise-law.com” and “debovoise-laws.com” have been using the names of actual Debevoise & Plimpton attorneys in emails sent out to victims as part of a phishing scheme.  Debevoise & Plimpton remains unaware of who is running the two websites because a privacy service […]
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US Says Antitrust Suit Challenging Northeast Alliance Should Go Ahead

14th December 2021
The lawsuit was filed in September of this year by the US government and six US states that claim the deal between the two companies would result in higher fares in busy Northeastern US airports.  In a court filing on Monday, the Justice Department and six states, which include California, Arizona, and Massachusetts, said that […]
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