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California Luxury Carwash Settles Wage Theft Case for $1.2M

A luxury carwash in Southern California must pay a a $1.2 million settlement for wage theft and labor law violations. The California Labor Commissioner’s Office secured the settlement with Newport Auto Spa Inc., doing business as The Car Spa, a … Source: Claims Journal

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New York Times Reporter Sues Google, xAI, OpenAI Over Chatbot Training

An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk’s xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence systems. New … Source: Claims Journal

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Honeywell Expects $470 Million Charge From Flexjet Settlement

Honeywell on Monday said it expects to record a one-time charge of about $470 million in the fourth quarter related to a potential settlement of Flexjet-linked litigation, sending its shares down 1.3% in premarket trading. Private aviation company Flexjet sued … Source: Claims Journal

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Jump Trading Faces $4 Billion Terraform Administrator Suit

The administrator overseeing the wind-down of Do Kwon’s Terraform Labs has filed a lawsuit against Jump Trading, alleging the Chicago-based firm illegally profited from — and helped to accelerate — its 2022 collapse. “The Office of the Terraform Labs Plan … Source: Claims Journal

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