Posts by Y@DminG

Elliott Investment Management has alleged that Banco Santander SA’s practice of using an auto-deleting messaging platform, in this instance to discuss a take-private deal, is hampering its long-running lawsuit against the bank. The hedge fund sued Santander affiliates and board … Source: Claims Journal

South Carolina lawmakers next year may be asked to revamp a workers’ compensation employment test that judges have relied on for more than 50 years, if the state Supreme Court has its way. The court last week said that a … Source: Claims Journal

Deutsche Bank is expected to post a loss for the second quarter, according to a consensus forecast published on Monday, as a protracted investor lawsuit over its Postbank division threatens to erode earnings. Any loss at Germany’s largest lender would … Source: Claims Journal

A lawsuit was filed against Hershey, Walgreens and several others in the case of a Massachusetts teen who died after he participated in a spicy tortilla chip challenge that was widely promoted on social media. Harris Wolobah, a 10th grader … Source: Claims Journal

Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or even worse: “Tropical storm? Just some wind and rain.” But look at Hurricane Beryl, which hit Texas this week as … Source: Claims Journal

U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent license ahead of the automaker’s launch of 5G vehicles in Britain. Elon Musk’s … Source: Claims Journal

Boeing Co. has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 face additional delays, another reminder that production of its cash-cow jetliner faces a long road to recovery. The planemaker has … Source: Claims Journal

A hacker who claims to have stolen sensitive call and text logs from AT&T Inc. said they were paid about $400,000 to erase the data trove. An analysis of a Bitcoin wallet address provided by the hacker shows a transaction … Source: Claims Journal

A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it shows that multifactor authentication and cybersecurity awareness programs may be the top two risk management controls to prevent BEC attacks. … Source: Claims Journal

Deutsche Bank AG has resolved a €500 million ($545 million) claim from a Spanish hotel chain over losses suffered on foreign-exchange derivatives sold by the lender. Responding to Bloomberg questions about the status of the lawsuit from Palladium Hotel Group, … Source: Claims Journal