The South Park streaming war is heating up. Warner Bros Discovery Inc. (NASDAQ:WBD) has filed a lawsuit against Paramount Global (NASDAQ: PARA) and the creators of South Park, and the co-creators —...
SEC, NY DFS & AG Oppose Binance.US—Voyager Deal
The U.S. Securities and Exchange Commission (SEC) and New York's top financial regulator are opposing Binance.US's $1 billion deal to acquire defunct crypto lender Voyager, citing possible...
JNJ Takes a Hit: Loses $302M Judgment Over Pelvic Mesh Marketing!
Johnson & Johnson (NYSE:JNJ) has lost its challenge to a $302 million judgment over its marketing of pelvic mesh products. The U.S. Supreme Court refused to hear J&J's appeal, leaving the...
Latter-day Saints Church & Investment Co Fined $5M by SEC
On February 21, 2023, the US Securities and Exchange Commission (SEC) charged the Church of Jesus Christ of Latter-day Saints and its investment management company, Ensign Peak Advisors Inc, for...
Paxos in High-Stakes SEC Talks Over Binance’s BUSD Stablecoin
Paxos Trust Company — the issuer of Binance's stablecoin BUSD — is in talks with the U.S. Securities and Exchange Commission (SEC) after it told Paxos it should have registered BUSD as a security....
SEC Charges Paul Pierce for EthereumMax Scandal
Late last week, the United States Securities and Exchange Commission (SEC) charged NBA Hall of Famer Paul Pierce for unlawfully touting and making misleading statements about EthereumMax (EMAX)...
SEC Drops the Hammer on Terraform and Do Kwon for Fraud
Last week, the Securities and Exchange Commission (SEC) charged Terraform Labs and its CEO — Do Kwon — with fraud concerning the collapse of its TerraUSD token, also known as UST. This is the latest...
Johnson & Johnson Faces Set Back With Talc Lawsuits
Johnson & Johnson (NYSE:JNJ) is facing a setback in its talc-related lawsuits, as U.S. Bankruptcy Judge Michael Kaplan has indicated he intends to dismiss the company's Chapter 11 case if the...
The SEC’s Crackdown on Crypto Staking
The Securities and Exchange Commission (SEC) has recently taken steps to crack down on cryptocurrency staking, a form of investing that involves holding digital assets for an extended period of...
Coinbase (NASDAQ:COIN) Escapes Proposed Class Action
Coinbase, one of the largest cryptocurrency exchanges in the world, has emerged victorious in a proposed class action lawsuit alleging illegal token sales. A proposed class-action lawsuit was filed...
Aearo Bankruptcy & 3M (NYSE:MMM) Military Earplugs Lawsuit
The 3M military earplugs lawsuit has been an ongoing controversy, with servicemembers' group alleging that the manufacturer Aearo Technologies was responsible for their injuries. Now, with Aearo...
Johnson & Johnson (NYSE:JNJ) Bankruptcy Blocked
Johnson & Johnson (NYSE:JNJ) recently attempted to use bankruptcy laws to shield themselves from thousands of talcum powder-related claims, but its bankruptcy filing has been rejected by a U.S....