Archive for August 2026
Brazil Seeks $97 Million From App Discord Over User Protections
Brazil’s government is seeking 500 million reais ($97.1 million) in damages from chat app Discord Inc. in a local lawsuit, while also demanding that the platform strengthen protections for children and women and comply with Brazilian law. The Justice Ministry … Source: Claims Journal
Read MorePwC International Can’t Exit Evergrande Case, HK Court Rules
A Hong Kong court declined to remove PricewaterhouseCoopers International Ltd. from a multibillion-dollar lawsuit brought by China Evergrande liquidators against the firm and its Hong Kong and mainland Chinese affiliates. Deputy High Court Judge Patrick Fung said the evidence PwC … Source: Claims Journal
Read MoreDeloitte Paying $21.5 Million to Settle Government Probe Over DEI
Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks a … Source: Claims Journal
Read MoreKKR to Pay $250 Million to Resolve DOJ Merger Filing Lawsuit
Private equity giant KKR & Co. has agreed to pay $250 million to resolve a civil antitrust case filed by the U.S. Justice Department alleging the investment firm intentionally withheld documents from government-required merger reviews on more than a dozen … Source: Claims Journal
Read MoreMeta Agrees to Pay Up to $16.7 Billion in Social Media Case
Meta Platforms Inc. has agreed to pay up to $16.7 billion to settle a landmark social media case with multiple U.S. states, according to a court filing Wednesday. The deal requires the company to put new guardrails on its platforms … Source: Claims Journal
Read MoreNuclear Verdicts Go Boom, Increase 40.7% in 2025
So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least … Source: Claims Journal
Read MoreCanada Slaps Retaliatory Tariffs on US Goods Worth $20B as Trade War Intensifies
Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington’s latest duties dollar-for-dollar. The counter-tariffs on U.S. goods take effect on September 8 … Source: Claims Journal
Read MoreAI Firms Debate Putting Cyber Tests Online After Model Hacks
Artificial intelligence labs and cybersecurity firms are reconsidering the way they test advanced AI models after models from at least three firms jumped onto the open internet and breached real-world victims. Cybersecurity specialists are debating whether they should connect the … Source: Claims Journal
Read MorePepsiCo Scraps Coverage of Weight-Loss Drugs for Employees
Some PepsiCo Inc. employees were notified this week that weight-loss drugs will no longer be covered by their company health insurance as of October due to skyrocketing costs. “Prescription weight-loss medications have become one of the fastest-growing costs in the … Source: Claims Journal
Read MoreCalifornia Lawmakers to Oppose Limits on Insurance Fire Claims
California lawmakers are lining up against Gov. Gavin Newsom’s push to rewrite how the state assigns financial responsibility for wildfires sparked by equipment owned by publicly traded utilities. A plan backed by Democrats in the state Senate wouldn’t limit insurers … Source: Claims Journal
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