Technology

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TechnologyMar 5, 2024

Meta attorneys ask judge to dismiss shareholder suit alleging failure to address human trafficking

Attorneys for Meta and founder Mark Zuckerberg are seeking dismissal of shareholder lawsuit alleging the company has deliberately failed to protect users of its social media platforms from human trafficking and child sexual exploitation

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TechnologyDec 20, 2023

Meta attorneys ask judge to dismiss suit claiming that directors' obligations extend beyond company

Attorneys for Meta and Mark Zuckerberg are asking a Delaware judge to dismiss a shareholder lawsuit asserting that the loyalties of company directors should not lie exclusively with the social media giant

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TechnologySep 19, 2023

FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds

Lawyers for collapsed cryptocurrency exchange FTX Trading are accusing Sam Bankman-Fried's parents of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars

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TechnologyJun 6, 2023

Delaware Supreme Court upholds judge's finding that Tesla acquisition of Solar City was fair

Delaware's Supreme Court has upheld a judge’s decision in favor of Tesla CEO Elon Musk in a lawsuit challenging the electric car maker’s $2.4 billion acquisition of a solar panel company founded by two of his cousins

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TechnologyFeb 22, 2023

Musk's Tesla pay package under scrutiny in Delaware court

Attorneys for a Tesla shareholder are urging a Delaware judge to invalidate a 2018 compensation package awarded to CEO Elon Musk that is potentially worth more than $55 billion

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BusinessJan 20, 2023

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company’s choice of a law firm to represent it in the bankruptcy

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BusinessDec 16, 2022

US trustee, media challenging secrecy in FTX bankruptcy

Attorneys for the U.S. bankruptcy trustee and several major media outlets are challenging an effort by cryptocurrency exchange FTX to withhold names of the company’s customers and creditors from the public

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General newsNov 16, 2022

Musk testifies in lawsuit over Tesla compensation package

Tesla CEO Elon Musk is defending himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s board of directors that is potentially worth more than $55 billion

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BusinessNov 14, 2022

Elon Musk pay package at Tesla challenged in court

Testimony is under way in a shareholder lawsuit challenging approval by Tesla’s board of directors of a compensation plan potentially worth more than $55 billion for CEO Elon Musk