Tag Archives: lawsuit

Bloomberg For Madoff Victims, ‘Tragedy Goes On’ After Scammer’s Death (Bloomberg) — Bernard Madoff’s death in prison Wednesday doesn’t change much for his victims, many of whom are still waiting to be made whole on their share of $20 billion that vanished with the con man’s 2008 arrest.The recovery effort, still underway in court more than a decade later, has been remarkably successful at recouping the lost principal, under the circumstances. But that’s little comfort to… Source link

Bloomberg Bond Traders Face Reflation Fight That Will Echo Around World (Bloomberg) — Bond traders searching for an opportunity to challenge central banks are starting to look Down Under, where a likely showdown over yield-curve control is set to test the power of policy makers to contain the next wave of reflation bets.The global trading day for bonds begins in earnest in Sydney each morning, giving developments in Australia’s $600 billion sovereign debt market an out-sized impact on… Source link

A woman filed a lawsuit against Yasiel Puig last year, alleging that he sexually assaulted her in a Staples Center bathroom in 2018. (Allen Berezovsky/Getty Images) Former MLB outfielder Yasiel Puig denied allegations that he sexually assaulted a woman at a Los Angeles Lakers game in 2018 in a statement on Tuesday afternoon. The woman filed a lawsuit over the incident in October, and alleged that Puig sexually assaulted her in a bathroom at the Staples Center while they were at the Lakers’… Source link

Constellation Brands (STZ) is taking the gloves off and hitting back at Anheuser-Busch (BUD) after it filed a lawsuit trying to stop the use of the name Corona being used on a new line of hard seltzer.  “We believe it’s without merit [the lawsuit]. We filed a motion to dismiss this week. It will probably take a few months for that to get ruled on. But we are totally within our sub-license agreement. This certainly looks like an attempt to damage somebody that is doing a lot of damage in the… Source link

Bloomberg Yellen Says Tax Plan Recoups $2 Trillion in Overseas Profits (Bloomberg) — Treasury Secretary Janet Yellen unveiled a detailed sales pitch for the Biden administration’s proposed new corporate-tax code, a plan that she said would be fairer to all Americans, remove incentives for companies to shift investments and profit abroad and raise more money for critical needs at home.Expanding on the tax proposals released last week in President Joe Biden’s $2.25 trillion economic… Source link

Sixteen women have filed civil lawsuits accusing Deshaun Watson of varying degrees of sexual assault, putting the Houston Texans quarterback’s future in doubt. Watson denied any wrongdoing in a general statement last week. Amid the pile of lawsuits though, one that was filed late Tuesday afternoon in Harris County, Texas, could prove to be the most problematic for Watson. It includes a potential criminal act, possible physical evidence and multiple counts of contemporaneous reporting that… Source link

An antitrust lawsuit against Google has been amended to take into account changes to ad tracking in Chrome. Texas attorney general Ken Paxton announced the multi-state suit, which focuses on Google’s advertising tech, in December. Meanwhile, five more attorneys general (from Alaska, Florida, Montana, Nevada and Puerto Rico) have joined the lawsuit, for a total of 15. The AGs claim that Google harnessed its dominant market positions in search, video and other areas to kill off smaller ad… Source link

FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake WASHINGTON (Reuters) – Alaska, Florida, Montana, Nevada, and Puerto Rico have joined a lawsuit filed by Texas and others against Google, which accuse it of breaking antitrust law to boost its already dominant online advertising business, Texas Attorney General Ken Paxton said in a statement. The lawsuit was one of five filed last year by the federal… Source link

FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake WASHINGTON (Reuters) – Alaska, Florida, Montana, Nevada, and Puerto Rico have joined a lawsuit filed by Texas and others against Google, which accuse it of breaking antitrust law to boost its already dominant online advertising business, Texas Attorney General Ken Paxton said on Tuesday. The lawsuit was one of five filed last year by the federal… Source link

By Diane Bartz, Paresh Dave WASHINGTON (Reuters) – Four more states have joined a lawsuit filed by Texas and others against Alphabet Inc’s Google that accuses it of breaking antitrust laws to boost its already dominant advertising business, the Texas attorney general said on Tuesday. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake Joining the lawsuit filed in December are Alaska, Florida,… Source link