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Nominally a legal defense fund for Louis Daniel Smith, who faced criminal charges in relation to him selling "MMS" (Miracle Mineral Supplement). On May 27, 2015, Smith was found guilty of fraud and other charges. [38] On May 31, 2015, the mmsdefensefund was removed from GoFundMe (an archived copy is available). [39]
The Facebook dispute was one of two cases to come before the Supreme Court this month involving the right of private litigants to hold companies to account for alleged securities fraud.
WASHINGTON (Reuters) -The U.S. Supreme Court grappled on Wednesday over a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media ...
Divya Narendra, Cameron Winklevoss, and Tyler Winklevoss, founders of the social network ConnectU, filed a lawsuit against Facebook in September 2004.The lawsuit alleged that Zuckerberg had broken an oral contract to build the social-networking site, copied the idea, [1] [2] and used source code that they provided to Zuckerberg to create competing site Facebook.
In August, 2020 Brian Kolfage, Steve Bannon, Andrew Badolato and Timothy Shea were charged with a scheme to divert over a million dollars from We Fund the Wall, of which at least $350,000 illegally went to Kolfage for personal use. The men faced federal felony charges of conspiracy to commit wire fraud and conspiracy to commit money laundering.
There has never been a charge to use Facebook and the company has indicated it never plans to. Since the parent company Meta makes its money from advertising to Facebook's 3 billion monthly users, ...
The parties revised the settlement, addressing the Judge's primary concerns regarding how the settlement amount was determined, removing the "clear sailing" agreement provision such that Facebook could now oppose Plaintiff attorneys' fee request, and, significantly, included clearer language regarding the ability of minors, as well as their parents, to prevent minors from appearing in ...
James Arthur McDonald Jr., a former investment company CEO and financial analyst guest on CNBC, faces a federal indictment in Los Angeles after his arrest last weekend in Washington state.