Monthly Archives: September, 2022

Aurora Cannabis Secures Dismissal of Securities Suit

An opinion issued Friday in New Jersey federal court dismissed claims that defendant Aurora Cannabis, Inc. had engaged in securities fraud violations. Defendant Aurora...

Eight AGs Sue Crypto Platform Nexo for State Registration Violations

On Monday, announcements from the offices of eight attorneys general indicated that they sued Nexo Inc. and Nexo Capital Inc. (Nexo), a crypto investment...

Meta Opposes FTC’s Bid to Strike its Affirmative Defenses in VR Acquisition Battle

An opposition submitted late last week by Meta Platforms Inc. implores the court overseeing a virtual reality acquisition dispute not to strike a third...

Ring, Amazon, Home Depot to Face False Advertising Allegations for Ring Jobsite Security Kit

On Friday, a class action lawsuit was filed in the Central District of California against Ring LLC, The Home Depot, Inc. and Amazon.com, Inc....

No Summary Judgment in NBA 2K Tattoo Case

A Northern District of Ohio judge released an opinion last week partially granting tattoo artist James Hayden's motion for summary judgment, and rejecting...

SEC Fines Ex-Boeing CEO and Company Over 737 Max Misrepresentation

The U.S. Securities and Exchange Commission issued a press release on Thursday detailing a settlement that had been reached with The Boeing Company and...

Ill. Federal Court Dismisses Right-of-Way Fee Suits Against Streaming Networks

According to a 28-page opinion authored by Magistrate Judge Mark A. Beatty, defendants Netflix, Disney, Apple, Hulu, Amazon, CBS, YouTube, CuriosityStream, Peacock TV, DirecTV,...

Pony.ai Sues Data Center for Contractual Breaches During Pandemic

In a breach of contract complaint filed late last week the American arm of China’s Pony.ai, an autonomous vehicle technology company, filed suit against...