Business And Legal News

The latest business and legal stories, each synthesized from multiple sources with added background and context.

More Business And Legal Stories

Arbitrator Orders Uber to Pay $40M for Fatal Freeway Ejection, Rejecting Prop 22 Defense
business-and-legal24 days ago

Arbitrator Orders Uber to Pay $40M for Fatal Freeway Ejection, Rejecting Prop 22 Defense

A California arbitrator has ordered Uber to pay $40 million to the parents of Emily Normandin-Parker, a 23-year-old woman killed after a driver ejected her and a friend onto a freeway. The ruling, which rejects Uber’s argument that it is merely a technology platform, establishes that the company is vicariously liable for its drivers' negligence despite Proposition 22 classifying them as independent contractors.

Starbucks Pays $1M to End Florida DEI Lawsuit, Vows Nationwide Compliance
business-and-legal25 days ago

Starbucks Pays $1M to End Florida DEI Lawsuit, Vows Nationwide Compliance

Starbucks has agreed to pay $1 million and submit to four years of compliance monitoring to resolve a civil rights lawsuit filed by Florida Attorney General James Uthmeier. The settlement, reached on September 17, 2026, requires the coffee giant to abandon race- and sex-based hiring goals nationwide, not just in Florida. While the company avoids admitting liability, it must now certify annual adherence to the Florida Civil Rights Act, marking a significant legal victory for the state's anti-DEI stance.

DOJ Backs Paramount in $1.88B Bond Fight as Settlement Talks Loom
business-and-legal26 days ago

DOJ Backs Paramount in $1.88B Bond Fight as Settlement Talks Loom

Paramount and California Attorney General Rob Bonta are set for court-ordered settlement talks on October 14-15 to resolve the antitrust dispute over the $111 billion merger with Warner Bros. Discovery. The Department of Justice has filed a statement supporting Paramount’s demand for a $1.88 billion bond from the 12-state coalition, arguing that state plaintiffs must post security to cover potential damages. A trial is scheduled for March 2027, while a ticking fee of $7 million per day begins October 1 if the deal has not closed.

DOJ Backs Paramount's $1.88B Bond Demand in WBD Merger Antitrust Fight
business-and-legal27 days ago

DOJ Backs Paramount's $1.88B Bond Demand in WBD Merger Antitrust Fight

The U.S. Department of Justice has officially sided with Paramount in its legal dispute with a coalition of 12 state attorneys general over a $1.88 billion bond demand. The DOJ argues that state challengers must post a bond to cover potential damages, mirroring Paramount's stance. This move escalates the conflict over the $111 billion merger with Warner Bros. Discovery, which faces a trial in March 2027. Settlement talks are scheduled for mid-October, but the bond issue remains a major point of contention.

Former Loop Industries Insider Convicted in $4M Securities Fraud Scheme
business-and-legal29 days ago

Former Loop Industries Insider Convicted in $4M Securities Fraud Scheme

Donald Danks, a former director of Nasdaq-listed Loop Industries, was convicted by a federal jury on September 14, 2026, of conspiracy to commit securities fraud, witness tampering, obstruction of justice, and perjury. The verdict follows a two-week retrial after a mistrial in the first proceeding. Danks is scheduled to be sentenced on December 4, 2026.

"Rishi Sunak Reviews Legal Aid for Victims of UK Post Office Scandal"
business-and-legal2 years ago

"Rishi Sunak Reviews Legal Aid for Victims of UK Post Office Scandal"

UK Prime Minister Rishi Sunak is reviewing measures to exonerate hundreds of sub-postmasters wrongfully convicted due to the Post Office Horizon scandal. The government-owned Post Office, which prosecuted the cases, may be removed from the appeals process. The scandal involved over 700 convictions based on faulty software, with fewer than 100 overturned so far. The Crown Prosecution Service could take over the Post Office's role in appeals, but this may require additional resources and affect other cases. A public inquiry is ongoing, and the Metropolitan Police is investigating potential fraud offences by the Post Office. The issue has gained renewed attention following an ITV drama and a BBC podcast on the scandal.

"Your Guide to Claiming a Share of Verizon's $100M Settlement"
business-and-legal2 years ago

"Your Guide to Claiming a Share of Verizon's $100M Settlement"

Verizon has settled a class action lawsuit for $100 million without admitting wrongdoing, concerning administrative charges imposed on customers. Eligible current and former Verizon users charged between January 1, 2016, and November 8, 2023, can claim a base payment of $15 plus $1 for each month they paid the fee, capped at $100 per account. Claims must be submitted by April 15, with the option to opt out by February 20. The settlement also includes Verizon amending its Customer Agreement for clearer disclosure of charges.

"How to Claim Your Share of Verizon's $100 Million Settlement"
business-and-legal2 years ago

"How to Claim Your Share of Verizon's $100 Million Settlement"

Verizon is settling a proposed $100 million class-action lawsuit over claims of unfair and undisclosed "administrative charges." Eligible customers have been notified to file a claim by April 15 to potentially receive up to $100. The lawsuit, which Verizon denies any wrongdoing in, was consolidated from four lawsuits in New Jersey. The settlement requires a fairness hearing in March. Customers with postpaid accounts from January 1, 2016, to November 8, 2023, are eligible to file a claim via a special website, with the minimum payout being $15.

"Corporate America's DEI Strategies Face Rising Legal Challenges and Mainstream Opposition"
business-and-legal2 years ago

"Corporate America's DEI Strategies Face Rising Legal Challenges and Mainstream Opposition"

Following the Supreme Court's decision to end race-based affirmative action in higher education, DEI (Diversity, Equity, and Inclusion) programs in the workplace are facing increased legal challenges. The article suggests that DEI efforts will not be completely halted but will evolve to meet new legal standards. To mitigate legal risks while still promoting a just workplace, companies are advised to proactively adapt their DEI strategies. The authors provide criteria to identify high-risk DEI programs and offer solutions for organizations to navigate the changing legal landscape effectively.

"Eligibility and Claim Process for Verizon's $100 Million Settlement Explained"
business-and-legal2 years ago

"Eligibility and Claim Process for Verizon's $100 Million Settlement Explained"

Verizon has agreed to a $100 million settlement in a class action lawsuit over allegedly deceptive administrative charges. Current or former U.S. customers who paid these charges between January 1, 2016, and November 8, 2023, may be eligible for up to $100 each. To claim, affected customers must submit online using the ID and confirmation code from the settlement notice by April 15. The actual payout will depend on the number of approved claims, with a minimum expected payment of $15. Payments will be made via check or electronic transfer after the settlement's final approval. Verizon will continue to charge the fee but will update its customer agreement for better disclosure.