Lawsuits

Lockheed Ends $4.4B Deal to Acquire Aerojet After Regulators Challenged Transaction
Lockheed Ends $4.4B Deal to Acquire Aerojet After Regulators Challenged Transaction
February 14, 2022  |  Acquisitions

Following a lawsuit to stop Lockheed Martin Corp’s acquisition of the last independent U.S. missile propulsion supplier, the defense contractor has terminated the $4.4 billion...

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FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
February 08, 2022  |  Legal

The Federal Trade Commission (FTC) has filed a lawsuit against hamburger franchise Burgerim, saying it falsely represented itself to those who wanted to own a...

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Meta Files Lawsuit Over Financial Services Phishing Scam
Meta Files Lawsuit Over Financial Services Phishing Scam
February 08, 2022  |  Meta

Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a...

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EMEA Daily: Meta to Face Strict Online Rules in UK; PriceRunner Hauls Google to Swedish Court Seeking $2.4B in Damages
EMEA Daily: Meta to Face Strict Online Rules in UK; PriceRunner Hauls Google to Swedish...
February 07, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, if Meta thinks it can avoid tough new rules in the U.K., the social media...

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PriceRunner Hauls Google to Swedish Court Seeking $2.4B in Damages
PriceRunner Hauls Google to Swedish Court Seeking $2.4B in Damages
February 07, 2022  |  ANTITRUST

Nordic price comparison firm PriceRunner is hauling Google to Sweden’s patent and market court seeking $2.4 billion in damages for violating antitrust laws by manipulating...

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Nike Suing Retailer Selling Sneaker NFTs
Nike Suing Retailer Selling Sneaker NFTs
February 04, 2022  |  Retail

Athletic apparel and equipment maker Nike on Thursday (Feb. 3) sued Detroit-based online sneaker and handbag reseller StockX in New York federal court for selling...

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Social Media Mega Firms Join Forces to Fight Germany’s Tough Online Hate Speech Rule
Social Media Mega Firms Join Forces to Fight Germany’s Tough Online Hate Speech Rule
February 03, 2022  |  Legal

Rival social media giants Facebook (Meta), TikTok, Twitter and YouTube have united to sue the German government over its strengthened online hate speech law, Politico...

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FTC Seeks to Block $4.4B Lockheed Martin-Aerojet Rocketdyne Deal
FTC Seeks to Block $4.4B Lockheed Martin-Aerojet Rocketdyne Deal
January 26, 2022  |  Legal

Lockheed Martin Corp.’s $4.4 billion deal to purchase the last independent U.S. supplier of missile propulsion is in jeopardy. Get the Full Story Complete the...

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Google Faces Lawsuit Over Alleged Deceptive Location Tracking
Google Faces Lawsuit Over Alleged Deceptive Location Tracking
January 25, 2022  |  Google

In the latest volley against Alphabet’s Google, a lawsuit has been filed alleging the Big Tech giant recorded customers’ locations after users tried to turn...

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