Posts by Y@DminG

Units of Citigroup Inc. and UBS AG were among several firms that agreed to pay a total of $8.3 million to settle U.S. Commodity Futures Trading Commission claims over compliance-related violations including recordkeeping and reporting lapses, the derivatives regulator said. … Source: Claims Journal

Gannett, the largest U.S. newspaper publisher, won the dismissal of most of a lawsuit, including all class action claims, alleging its diversity policies led to widespread discrimination against white journalists. U.S. District Judge Rossie Alston said on Wednesday the plaintiffs … Source: Claims Journal

Apollo Global Management Inc. resolved a lawsuit against two former executives of insurance unit Athene Holding Ltd. just days before the matter was set to go the trial. In a Wednesday filing in New York state court, the private equity … Source: Claims Journal

Warner Bros Discovery sued the AI photo generation company Midjourney on Thursday, saying it brazenly stole the studio’s works to generate images of Batman, Superman, Wonder Woman, Bugs Bunny, Scooby-Doo and other copyrighted characters. In a complaint filed in Los … Source: Claims Journal

The U.S. asked a federal court to force Southern California Edison to pay for fighting a pair of wildfires that were believed to have originated from its power lines, including the Eaton Fire in January in Los Angeles County that … Source: Claims Journal

The Gulf Coast has avoided any major tropical storms so far this hurricane season, but the Gulf’s luck could soon change, AccuWeather hurricane experts say. Water temperatures in the Gulf are exceptionally warm, creating conditions for rapid intensification of storms. … Source: Claims Journal

General Motors is cutting output at one of its main electric-vehicle factories, the latest automaker to pull back on EVs as U.S. President Donald Trump’s administration yanks federal support for green cars. GM will stop production of two electric Cadillac … Source: Claims Journal

A federal jury determined that Alphabet’s Google must pay $425 million for invading users’ privacy by continuing to collect data for millions of users who had switched off a tracking feature in their Google account. The on Wednesday verdict comes … Source: Claims Journal

The United States government has intervened and filed a complaint in the U.S. District Court for the Eastern District of Pennsylvania under the False Claims Act against ProMedica Health System Inc. and affiliated entities for providing “grossly substandard” skilled nursing … Source: Claims Journal

Newsmax sued its larger conservative news rival Fox Corp. in federal court in Florida on Wednesday, accusing the media giant of suppressing competition in the U.S. market for right-leaning pay TV and leaving consumers with less choice. The lawsuit in … Source: Claims Journal