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Trucking Stocks Fall on Legal Risk in Worst Month Since Tariffs
Trucking and logistics stocks are poised for their worst month in more than a year, weighed down by mounting concerns over a recent legal decision that can hurt industry brokers, alongside disappointing earnings. A gauge for the group — the … Source: Claims Journal
Read MoreCyber Firm Wiz Says Flaw Could Have Led to Mass Exposure of Microsoft Cloud Customers
Alphabet-owned cybersecurity company Wiz said on Thursday it had found a sweeping flaw that could have compromised Microsoft and thousands of its cloud customers. Wiz said in a post on its website that a now-patched vulnerability in a key Microsoft … Source: Claims Journal
Read MoreGerman Court Rules AI Music Firm Suno Broke Copyright Rules
A German court ruled on Friday that AI music firm Suno violated copyrights and has to disclose illicit revenue, part of a wider legal battle by artists and publishers against technology firms. The Munich-based regional court said Suno did not … Source: Claims Journal
Read MoreStellantis Recalling 1.5 Million Ram 1500 Pickup Trucks Over Seat Belt Issue
Chrysler-parent Stellantis said Friday it will recall just over 1.5 million Ram 1500 pickup trucks worldwide over a seat belt issue. The recall covers 2019–2026 Ram 1500 vehicles that may have been built with a second-row center or second-row driver … Source: Claims Journal
Read MoreInsurer Says Virginia ‘Intentional’ Acts Law Blocks $10M Punitive Damages Claim
Twin City Fire Insurance Co. said it is not obligated to cover a Virginia employer’s $10 million punitive damages penalty for racial bias because the company’s behavior was found by a jury to be intentional. The employer, Society for Human … Source: Claims Journal
Read MoreTesla Faces US Auto Safety Probe Over Risk of Suspension Failure
U.S. auto safety regulators opened an investigation into Tesla Inc.’s most-popular models after a series of complaints by drivers over the sudden failure of suspension in their vehicles. The National Highway Traffic Safety Administration has received 156 reports of apparent … Source: Claims Journal
Read MoreCoinbase Beats Much of Customer Lawsuit Over US Token Sales
Coinbase won the dismissal on Thursday of much of a lawsuit in which customers accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as an exchange or broker-dealer. Customers sued over 60 tokens, including XRP and dogecoin, … Source: Claims Journal
Read MoreAnalog Devices Assessing Latest Cyber Breach Claim From Hackers
Analog Devices Inc. is assessing a new claim by a group of hackers who say they’ve stolen hundreds files containing information on customers of the computer chips maker. A hacking group known as ExfilSquad has claimed to have breached Analog … Source: Claims Journal
Read MoreMercedes-Benz Recalling 310,000 US Vehicles Citing Risk of Failure to Detect Open Door
Mercedes-Benz is recalling 310,667 vehicles in the U.S. due to risk of failure to detect an open door, the U.S. National Highway Traffic Safety Administration said on Thursday. The recall includes models such as CLA, A-Class, C-Class, CLE, GLA/GLB, and … Source: Claims Journal
Read MoreExperts in Lockheed Pollution Suit Used Unreliable Methods, Appeals Court Says
Lockheed Martin Corp. won a major legal victory in May when a Florida jury found that plaintiffs had failed to prove that the defense and aerospace giant had polluted groundwater around its Orlando manufacturing site and caused disease in nearby … Source: Claims Journal
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