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US court allows investor lawsuit against Musk over Twitter purchase

US court allows investor lawsuit against Musk over Twitter purchase

by AIP Online Bureau | Apr 1, 2025 | International News, Technology

Elon Musk A Manhattan federal judge on last Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission, posting “misleading tweets about Twitter’s future”...
Lawsuit accuses Amazon of secretly tracking consumers through cellphones

Lawsuit accuses Amazon of secretly tracking consumers through cellphones

by AIP Online Bureau | Jan 31, 2025 | International News, Technology

According to a proposed class action in San Francisco federal court, Amazon obtained “backdoor access” to consumers’ phones by providing tens of thousands of app developers with code known as Amazon Ads SDK to be embedded in their apps Amazon.com was sued on Wednesday...

Apple, Amazon fight off $600 million UK lawsuit over alleged ‘collusion’

by AIP Online Bureau | Jan 16, 2025 | International News, Risk Management, Technology

The lawsuit was brought by consumer law academic Christine Riefa on behalf of around 36 million British consumers who had bought Apple or Beats products LONDON: Apple and Amazon have successfully fought off a mass lawsuit in Britain over alleged collusion between the...
Toyota cheated on forklift engine emissions, lawsuit in US claims

Toyota cheated on forklift engine emissions, lawsuit in US claims

by AIP Online Bureau | Sep 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management, Technology

Toyota suspended some forklift sales in Japan in March 2023 because of emissions issues “Toyota has tried to limit the damage to Japan,” but its “toxic culture of fraud, negligence, and noncompliance” undermined forklift engine certifications in all markets, including...
US files $100 million lawsuit against owner and operator of ship that destroyed Baltimore’s Key Bridge

US files $100 million lawsuit against owner and operator of ship that destroyed Baltimore’s Key Bridge

by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

“The Justice Department is committed to ensuring accountability for those responsible for the destruction of the Francis Scott Key Bridge, which resulted in the tragic deaths of six people and disrupted our country’s transportation and defense infrastructure,” said...
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