All articles tagged with #legalbusiness
A landmark antitrust lawsuit has been filed against Live Nation and Ticketmaster by the U.S. Department of Justice and Attorneys General from states representing over 80% of the U.S. population. The case aims to dismantle the companies' alleged monopolistic practices in the live event industry, seeking injunctions, structural changes, and restitution for consumers, artists, and venues.
The Tennessee Attorney General is investigating Naussany Investments and Private Lending LLC over an alleged fraudulent attempt to force the sale of Elvis Presley's Graceland. The company claimed Lisa Marie Presley used the estate as collateral for a $3.8 million loan, but her daughter Riley Keough disputes this, alleging forgery. A judge has paused the sale, and the investigation aims to protect the Presley family's interests and the iconic landmark.
VIZIO has settled a class action lawsuit for $3 million over allegations of falsely advertising the refresh rates of its LCD TVs in California. Customers who purchased a VIZIO TV with supposed 120Hz or 240Hz refresh rates after April 30, 2014, may be eligible for compensation. The lawsuit claimed that the TVs did not perform as advertised, leading to issues like motion blur. VIZIO denies wrongdoing, but affected consumers must decide whether to claim their share of the settlement by March 30, exclude themselves by February 29 to retain the right to sue individually, or take no action.
New York Attorney General Letitia James is seeking a $370 million penalty from Donald Trump following his civil fraud trial, a figure higher than the initially estimated $250 million. The trial, which concluded last month, demonstrated Trump's unlawful gain of that amount. Trump's lawyers have contested the allegations, claiming insufficient evidence, but the trial judge, Arthur F. Engoron, has previously ruled against Trump, finding him guilty of fraud. The final ruling is expected by the end of the month, with additional requests to bar Trump from New York's real estate industry and company leadership within the state.
SpaceX has filed a lawsuit against the National Labor Relations Board (NLRB), challenging the constitutionality of the board's structure after the NLRB accused the company of unlawfully firing employees who criticized CEO Elon Musk. The employees had sent a letter calling Musk "a distraction and embarrassment" and accused him of making sexist comments. SpaceX's lawsuit aims to halt the NLRB's case against it, arguing that the inability to remove board members and administrative judges at will is unconstitutional. This legal move follows a similar strategy SpaceX used to pause a Department of Justice case regarding hiring practices. The NLRB has not commented on the lawsuit.
Verizon is proposing a $100 million settlement in a class-action lawsuit alleging the company charged customers unfair and undisclosed administrative fees. Eligible customers have been notified to file a claim by April 15 to potentially receive up to $100. The lawsuit claims the fees were misleading and not included in the advertised monthly price. Verizon denies the allegations but has provided a website for claims, with payouts starting at $15. The settlement awaits a final "fairness hearing" in March.
Verizon has agreed to a $100 million settlement in a class-action lawsuit over undisclosed administrative fees charged to customers from January 1, 2016, to November 8, 2023. Affected customers, who will be notified by Verizon, must file a claim by April 15, 2024, to receive up to $100, with the final amount depending on several factors. Those who do not file a claim will forfeit their right to sue and will not receive any payment. Payments will be made after the settlement is finalized, and questions can be directed to the Settlement Administrator.
The Arizona Attorney General's Office has reached a $13 million settlement with Cox Communications over deceptive pricing practices. Cox was accused of not clearly disclosing additional fees, leading customers to believe they had fixed pricing deals. While Cox denies wrongdoing, the settlement includes $3 million in customer refunds and $10 million for the state's statutory fund. Active Cox customers will receive billing credits, and former customers will get electronic fund transfers. This follows a previous issue where Cox was advised to stop a potentially misleading ad by the National Advertising Division.
A judge in Georgia dismissed legal challenges against the zoning of Rivian's planned $5 billion electric vehicle (EV) plant, ruling that state-owned property is not subject to local zoning regulations. The plant, which aims to produce R2 vehicles and employ 7,500 people, faced opposition from local residents concerned about environmental and lifestyle impacts. Despite a recent dip in quarterly vehicle deliveries, Rivian's production numbers are up, and the company is set to reveal its fourth-quarter earnings in February. The state of Georgia has provided record-breaking incentives for the plant, which is the largest industrial announcement in the state's history.