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Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
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The stock sale's timing was questioned in a civil shareholder lawsuit claiming insider trading. That claim has since been dropped against Gilbert. Dan Gilbert’s deposition in lawsuit reveals ...
During the summer of 2009, Meade announced a 20:1 reverse stock split in hopes of raising the value of their stock. [44] By July 8, 2013, Meade Instruments was tipping their hand on whether to recommend selling the company to a Chinese co. or a San Jose venture capital firm, plow ahead alone, or possibly seek bankruptcy protection. [45]
Former President Donald Trump was accused in a lawsuit Wednesday of trying to “drastically dilute” the value of stock shares in his social media company held by the firm’s co-founders ...
[26] [27] [28] On November 21, 2023, TMTG filed a lawsuit seeking $1.5 billion in damages from 20 media outlets for falsely reporting a $73 million loss. Corrected reports showed a net loss of almost $23 million in the first half of 2023 and a total loss of $31.6 million since launch.
The Florida lawsuit is just one in a series of messy and dramatic legal disputes that have come to define Trump Media’s rocky road to an IPO, and its equally turbulent first weeks as a public ...