Tag: Corporate Litigation

WeWork directors seek to preserve right to sue owner SoftBank

(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues...

Corporate America seeks legal protection for when coronavirus lockdowns lift

WASHINGTON (Reuters) – Major U.S. business lobbying groups are asking Congress to pass measures that would protect companies large and small from coronavirus-related lawsuits when...

Tesla, Musk must face shareholder lawsuit over going-private tweet

(Reuters) – A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that...

McDonald’s faces class action over ‘pervasive sexual harassment’

(Reuters) – McDonald’s Corp (MCD.N) has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food restaurants in...

WeWork sues SoftBank for dropping $3 billion tender offer

(Reuters) – A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday for abandoning the...

Goldman Sachs must face class action over conflicts of interest, risky mortgages

NEW YORK (Reuters) – Goldman Sachs Group Inc (GS.N) must face a shareholder class action accusing the bank of hiding conflicts of interest, including behind-the-scenes...

Cryptocurrency issuers, exchanges face U.S. class action lawsuits

FILE PHOTO: The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta’s official Blockchain and Digital Innovation event promoting cryptocurrency,...