Litigation Archives

Binance co-founder Changpeng Zhao and his firm have faced huge challenges in recent weeks

Business

US regulators charge Binance with violating securities laws

US authorities on Monday charged cryptocurrency giant Binance with securities law violations.

AFPJune 5, 2023

US securities regulators unveiled 13 charges against Binance entitites and founder Changpeng Zhao

Business

US regulators charge Binance with violating securities laws

US authorities on Monday charged cryptocurrency giant Binance with securities law violations that collectively amounted to what they called “an extensive web of deception”...

AFPJune 5, 2023

Family members from the Ethiopian Airlines crash on a Boeing 737 MAX can seek damages for distress suffered in their final moments

Business

US judge allows potential damages for distress of Boeing MAX victims

Family members of victims who died in a Boeing 737 MAX crash can seek compensation for the emotional distress their loved ones experienced before...

AFPMay 31, 2023

Lawsuits have built up over the decision to render Credit Suisse AT1 bonds worthless

Business

Lawsuits pile up over Credit Suisse bonds write-down

Switzerland’s justice authorities said Tuesday that 230 complaints had been filed over a decision by financial regulators to cut the value of high-risk Credit...

AFPMay 23, 2023

Two Indonesian soldiers guard the gates of oil company ExxonMobil Indonesia's (EMOI) complex in Lhokseumawe, Indonesia, March 10, 2001

Business

ExxonMobil settles long-running Indonesia torture lawsuit

ExxonMobil settled Monday a long-running lawsuit brought by Indonesian villagers who alleged human rights violations by Indonesian military officials providing security to the oil...

AFPMay 15, 2023

A Juul advertisement is seen on a grocery store on December 07, 2022 in the Flatbush neighborhood of Brooklyn borough in New York

Business

Juul to pay $462 mn in latest US youth vaping settlement

Juul agreed to pay $462 million to six states and the District of Columbia to settle charges that it violated numerous laws in marketing...

AFPApril 12, 2023

McDonald's maintains that the ad discrimination suit against it is 'about revenue, not race'

Business

Ad discrimination suit against McDonald’s allowed to proceed

A federal judge has allowed a discrimination lawsuit to proceed that argues that McDonald’s refuses to advertise on Black-owned media networks. Media entrepreneur Byron...

AFPSeptember 20, 2022