The U.S. Supreme Court on Monday (Dec. 1) wrestled with a billion-dollar music piracy lawsuit filed by the major labels against telecom giant Cox Communications, grilling lawyers for […]
Amazon Will Pay $2.5 Billion to Resolve FTC Complaint — Justia News — September 29, 2025
Last week, the Federal Trade Commission announced that it reached a deal with Amazon to resolve a dispute over the retailer’s allegedly unfair practices. The dispute started two […]
Anthropic AI to Pay $1.5 Billion to Settle Lawsuit With Book Authors
Artificial intelligence firm Anthropic will pay $1.5 billion to settle a lawsuit filed by authors who accused the company of illegally using their books to train its AI […]
Supreme Court Will Weigh Music Piracy Liability in $1 Billion Cox Case
The U.S Supreme Court has agreed to review a billion-dollar lawsuit brought by the major record labels against Cox Communications and decide whether internet service providers can be […]
'Momentous and Insufficient:' AGs Support $7.4 Billion Purdue Pharma Settlement
“What we announce today is both momentous and insufficient, the culmination of years of tumultuous negotiations and legal battles all the way up to the U.S. Supreme Court,” […]
Strategy Faces Investor Lawsuit for Over $5 Billion Bitcoin Accounting Losses
MicroStrategy Inc. and three of its executives are facing a securities class action complaint in a federal district court in Virginia over allegations that the bitcoin bull duped […]
Google Settles Texas Privacy Claims for $1.4 Billion — Justia News — May 12, 2025
In 2022, Texas Attorney General Ken Paxton sued Google for a series of alleged privacy violations. First, he filed a complaint under the Texas Deceptive Trade Practices Act […]
Feds Say Trading ‘Academy’ Ran $1.2 Billion Fraud Targeting Young Minority Investors
The Federal Trade Commission and the Nevada Attorney General sued International Markets Live Inc. and its affiliated companies in federal court Thursday for allegedly orchestrating a deceptive multi-level […]
Holland & Knight Surpasses $2 Billion in Revenue in First Year of New Leadership Team
Holland & Knight grew revenue by 10.5% last year, leading to a record-setting $2 billion on the top line, while profits per equity partner rose to $2.29 million. […]
Albertsons Sues Kroger After Courts Block $24.6 Billion Grocery Merger — Justia News — December 12, 2024
In a dramatic turn of events, Albertsons has formally terminated its proposed $24.6 billion merger with Kroger, opting instead to file a lawsuit accusing Kroger of failing to […]