Netflix Prevails in Shareholder Lawsuit Over Subscriber Growth Projections
Netflix Prevails in Shareholder Lawsuit Over Subscriber Growth Projections. Netflix successfully achieved the dismissal of a shareholder lawsuit on Tuesday, which accused the streaming service of minimizing the effects of account sharing on subscriber growth. This practice involves paying members sharing their usernames and passwords with individuals in other households who do not pay for […]
Biden Trial Pick Kasubhai Confirmed Following Contentious Senate Process
Biden Trial Pick Kasubhai Confirmed Following Contentious Senate Process. The U.S. Senate has confirmed Oregon Magistrate Judge Mustafa Kasubhai for a lifetime position on the U.S. District Court for Oregon, with a narrow vote on Tuesday. Nominated by President Joe Biden over a year ago, Kasubhai has a wealth of experience, having served as a […]
Walgreens Settles Class Action Lawsuit Over Generic Drug Overcharges
Walgreens Settles Class Action Lawsuit Over Generic Drug Overcharges Walgreens has agreed to pay $100 million to settle a proposed class action lawsuit alleging that it overcharged insured customers for generic drugs over a decade. The lawsuit claimed that Walgreens routinely charged insured customers higher prices than those available to members of its Prescription Savings […]
Arkansas Man Failed to Disclose Over $3 Million in Revenue
Arkansas Man Failed to Disclose Over $3 Million in Revenue. In a significant tax fraud case, Carlos Gonzalez, a 59-year-old resident of Rogers, Arkansas, was sentenced to 20 months in prison for submitting fraudulent individual income tax returns. The court revealed that between 2014 and 2020, Gonzalez systematically understated the gross receipts from his tree-trimming […]
Fidelity Sued After Data Breach Affects 77,000 Customers
Fidelity Faces Class Action Lawsuit Following Data Breach Affecting 77,000 Customers Fidelity Investments is now facing a proposed class action lawsuit following a data breach in August that exposed the personal information of over 77,000 customers. The lawsuit, filed in the U.S. District Court for the District of Massachusetts, alleges that the financial giant failed […]
Justice Dept. Sues LA Fitness for Alleged Disability Discrimination
Justice Dept. Sues LA Fitness for Alleged Disability Discrimination. The Justice Department has filed a lawsuit against Fitness International LLC, known as ‘LA Fitness’, for allegedly discriminating against individuals with disabilities at its gyms and fitness centers. LA Fitness is the largest chain of owner-operated gyms and fitness clubs in the United States, boasting nearly […]
The U.S. Justice Department sues Visa
The U.S. Justice Department sues Visa. Key Points The U.S. Department of Justice on Tuesday sued Visa, the world’s biggest payments card network, saying it propped up an illegal monopoly over debit card payments. The DOJ said Visa imposed “exclusionary” agreements on partners and smothered upstart firms. Visa and its smaller rival Mastercard have surged […]