A federal judge in Chicago has dismissed a shareholder lawsuit accusing Abbott Laboratories of misleading investors about problems at the company's infant formula plant before and after a major 2022 recall, finding that the allegations did not adequately show the fraudulent intent required under federal securities law.U.S. District Judge Steven... Read More »
Two U.S. small businesses are challenging the Trump administration's latest tariffs on imports from 60 trading partners, arguing that federal trade officials stretched a law designed to address unfair foreign trade practices beyond the authority Congress granted.Burlap & Barrel, a New York spice importer, and Collective Horology, a California watch... Read More »
Warner Bros. Discovery has sued Amazon in Los Angeles, accusing the company of knowingly recruiting a senior marketing executive who remained under contract through October 2027 and seeking a court order to stop Amazon from interfering with similar employment agreements involving other WBD executives.The lawsuit, filed July 21 in Los... Read More »
A former Nike music executive is facing a lengthy list of felony charges after prosecutors accused him of orchestrating a kickback scheme that siphoned more than $1 million from the sneaker giant through inflated payments to a music licensing firm run by a close associate.Prosecutors allege that John Griffith, who... Read More »
A legal battle has erupted over Chadwick Boseman's estate, as the late actor's parents move to strip his widow of her role managing his assets, accusing her of stonewalling the family and mishandling a company built around his name and legacy.Leroy and Carolyn Boseman filed a petition in California state... Read More »
Chris Brown pleaded guilty to a charge of affray at a London court hearing Friday, resolving a criminal case that stemmed from a violent nightclub confrontation more than two years ago, while more serious charges against the singer were dropped as part of the plea.Brown was arrested in May 2025... Read More »
Trey Songz will not serve any jail time in connection with his arrest last year on charges that he punched a nightclub employee in New York City, closing out a legal saga that stretched across two separate incidents just over a week apart.The singer, born Tremaine Aldon Neverson, appeared in... Read More »
Sean Combs was involved in a physical altercation with a fellow inmate at Fort Dix earlier this week, an incident that resulted in the disgraced music mogul being placed in solitary confinement, according to several news outlets.The confrontation reportedly began when another inmate at the low-security federal facility in New... Read More »
Australian singer and actress Charlotte MacInnes has filed an appeal challenging the dismissal of her defamation lawsuit against Rebel Wilson, escalating a legal dispute that has played out publicly since Wilson's directorial debut hit a wall of controversy behind the scenes.MacInnes, who starred in Wilson's film The Deb, submitted a... Read More »
A federal judge extended her order blocking the proposed merger between Paramount and Warner Bros. for another 14 days on Thursday, pushing back the earliest possible closing date for the deal to August 18.Judge Araceli Martinez-Olguin has scheduled a hearing for August 3 to weigh a request for a preliminary... Read More »
