Category: Legal News

Meta Hit with €798M Fine for Facebook Marketplace Antitrust Violations

Meta Hit with €798M Fine for Facebook Marketplace Antitrust Violations In a landmark decision, Meta, the parent company of Facebook and Instagram, has been fined €798 million by the European Commission. The fine marks the EU’s first antitrust penalty against Meta, targeting the company’s alleged misuse of its dominant position by tying its online classified […]

The Onion Acquires Alex Jones’ Infowars with Sandy Hook Families’ Support

The Onion Acquires Alex Jones’ Infowars with Sandy Hook Families’ Support In an unexpected twist, satirical news giant The Onion has won the bankruptcy auction for Alex Jones’ Infowars, with support from families of Sandy Hook Elementary School shooting victims. These families, owed over $1 billion in defamation judgments from Jones, sought justice for years […]

Tubi’s $20M Privacy Lawsuit Settlement: Are You Eligible for a Payout?

Tubi’s $20M Privacy Lawsuit Settlement: Are You Eligible for a Payout? Free streaming platform Tubi, known for its vast library of over 200,000 movies and shows, is facing a $19.9 million settlement to address claims of privacy violations. The class action lawsuit accuses Tubi of allegedly disclosing users’ personal information to advertisers without consent, a […]

Investors File Class-Action Lawsuit Against Caitlyn Jenner Over JENNER Meme Coin

Investors File Class-Action Lawsuit Against Caitlyn Jenner Over JENNER Meme Coin. A group of investors has filed a class-action lawsuit against Caitlyn Jenner, 75, alleging that her promotion of the JENNER meme coin constitutes the sale of an unregistered security, resulting in significant financial losses. The lawsuit, filed on November 13, 2024, in a federal […]

UFC Fighter Conor McGregor Denies Sexual Assault Allegations in Civil Trial

UFC Fighter Conor McGregor Denies Sexual Assault Allegations in Civil Trial. UFC fighter Conor McGregor, 36, has denied allegations of sexual assault brought against him by Nikita Ni Laimhin, who is also known as Nikita Hand, during the ongoing civil trial in Dublin. McGregor, testifying for the first time on the sixth day of proceedings, […]

Uría Menéndez Advises Wabtec on Acquisition of Fanox Electronic

Uría Menéndez Advises Wabtec on Acquisition of Fanox Electronic. Uría Menéndez has successfully advised Westinghouse Air Brake Technologies Corporation (Wabtec) on its acquisition of 100% of the shares of Fanox Electronic from ABE Capital Partners and other minority stakeholders, including the company’s founder and management team. The transaction, completed via Wabtec Netherlands, B.V., expands Wabtec’s […]

Kirkland & Ellis Advises Franklin Mountain Energy and Avant Natural Resources on $3.95 Billion Acquisition Deal with Coterra Energy

Kirkland & Ellis Advises Franklin Mountain Energy and Avant Natural Resources on $3.95 Billion Acquisition Deal with Coterra Energy. Kirkland & Ellis advised Franklin Mountain Energy and Avant Natural Resources on two agreements with Coterra Energy Inc. (NYSE: CTRA) for the acquisition of select assets totaling $3.95 billion. The deal includes $2.95 billion in cash […]

French Media Giants Launch Legal Action Against X for Using Content Without Compensation

French Media Giants Launch Legal Action Against X for Using Content Without Compensation. Several prominent French media organizations, including two publications owned by billionaire Bernard Arnault, have initiated legal action against X (formerly Twitter), alleging that the platform has been using their content without compensation. The group of French outlets includes Arnault’s Les Echos and […]