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Marc Kasky in 2022. Marc Kasky (born 1944) is a consumer activist best known for bringing a lawsuit against Nike Inc. in 1998 under a California law against false advertising and unfair competition for their advertising claims about treatment of Chinese, Indonesian and Vietnamese workers at company subcontractors. [1]
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Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of ...
On this news, the price of NIKE Class B common stock declined $7.72 per share, or nearly 7%, from a close of $110.50 per share on June 27, 2022, to close at $102.78 per share on June 28, 2022. Three months later, on September 29, 2022, investors learned more when NIKE reported its first quarter fiscal year 2023 financial earnings after market ...
A former diversity and inclusion manager at Facebook and Nike has been sentenced to five years and three months in prison for stealing more than $5 million from the tech giant to “fund a luxury ...
Attorney Michael Avenatti has been charged with extorting more than $20 million from Nike, according to a criminal complaint.
MSCHF has issued a response to Nike’s lawsuit over its polarizing new “Satan Shoe.” The brand released a statement on Thursday to Nike’s lawsuit over the shoes created in partnership with ...
United States v. Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on October 20, 2020. The suit alleges that Google has violated the Sherman Antitrust Act of 1890 by illegally monopolizing the search engine and search advertising markets, most notably on Android devices, as well as with Apple and mobile carriers.