Tag

Business And Legal

All articles tagged with #business and legal

business-and-legal7 days ago•2 min saved

NC Judge Orders Raleigh Wedding Photographer to Pay $1.7M After Failing to Deliver Services

A North Carolina judge has ordered Holly Christina Photography to pay nearly $1.7 million in refunds and civil penalties after the company failed to deliver paid-for wedding photos and videos to hundreds of clients. The ruling follows a default judgment motion by the state Attorney General, who cited over 220 consumer complaints and the owners' failure to comply with previous court orders to return footage or issue refunds. The owners, Holly and Christopher Ayscue, were barred from accepting future advance payments and must deliver all remaining assets to clients.

via WRAL|

#attorney-general #business-and-legal #consumer-protection

business-and-legal9 days ago•0 min saved

TKC Distilling Terminates Wes Henderson Over Alleged Hidden Camera Network

TKC Distilling terminated CEO Wes Henderson on Oct. 3 after a sealed lawsuit alleged he used hidden cameras to film family members and guests in various stages of undress. The complaint, filed in June, claims 40 people were recorded without consent at the Kentucky Castle and private homes. Henderson’s son, Kyle, has assumed the CEO role while the board investigates. Henderson denies the claims, and no criminal charges have been filed, though he has stepped down as Oldham County deputy coroner.

via The Courier-Journal|

#angels-envy #business-and-legal #kentucky-castle

business-and-legal17 days ago•7 min saved

Kalshi Faces Existential Legal Threats as Tribal and State Courts Reject Financial Instrument Defense

Kalshi is facing a multi-front legal crisis after federal appeals courts ruled its sports contracts are gambling, not financial swaps. The Ninth Circuit blocked the platform on three California tribal reservations, while the Sixth Circuit affirmed state gambling laws in Ohio and Tennessee. These rulings contradict a Third Circuit decision favoring Kalshi in New Jersey, setting the stage for a Supreme Court showdown that could define the industry’s future.

via New York Post|

#business-and-legal #cftc #kalshi

business-and-legal23 days ago•14 min saved

Opponents Slam Paramount-WBD Settlement Talks as 'Betrayal' Amid Political Pressure

Settlement negotiations between Paramount and state attorneys general regarding the $111 billion Warner Bros. Discovery merger have faced sharp criticism from industry groups and politicians. Opponents argue that potential concessions, such as editorial independence guardrails for CNN and job assurances, are insufficient and primarily benefit David Ellison. Senator Elizabeth Warren and the 'Block the Merger' coalition have condemned the talks, warning that a deal would allow a Trump-aligned media conglomerate to stomp out competition. While California AG Rob Bonta has engaged in preliminary discussions, New York AG Letitia James appears less aligned with the settlement approach. The Writers Guild of America, a co-plaintiff, also opposes the deal. Paramount faces significant financial pressure, including a $7 million daily fee to Warner Bros. Discovery shareholders starting October 1, and has threatened to relocate operations out of California. A federal trial is currently scheduled for March 2, 2027, but settlement talks aim to avoid this and potential legislative probes in the upcoming midterms.

via Deadline|

#antitrust #business-and-legal #elizabeth-warren

business-and-legal24 days ago•1 min saved

Paramount and California AG Bonta Enter Advanced Talks to Resolve Warner Bros. Merger Suit

Paramount Skydance and California Attorney General Rob Bonta are in advanced negotiations to settle a 12-state antitrust lawsuit challenging Paramount’s $81 billion acquisition of Warner Bros. Discovery. Discussions center on potential compromises, such as keeping the two studios operationally separate for a period rather than merging them immediately. These talks follow threats from Paramount CEO David Ellison to relocate the studio out of California if no deal is reached. A ticking fee of $7 million per day begins October 1 if the merger is not closed, adding urgency to the negotiations. Bonta has expressed openness to settlement if Paramount engages in good faith, while Paramount has rejected Bonta’s demand for a $1.88 billion bond to cover delay costs. The talks come amid pressure from California Democratic leaders, including Governor Gavin Newsom and Los Angeles Mayor Karen Bass, who have urged a resolution to protect tens of thousands of local jobs. A trial is scheduled for March 2027, and a two-day settlement conference is set for October 14-15.

via New York Post|

#antitrust #business-and-legal #california

business-and-legal24 days ago•0 min saved

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.

via The Guardian|

#arbitration #business-and-legal #california

business-and-legal25 days ago•7 min saved

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.

via Fox News|

#business-and-legal #civil-rights #dei-lawsuit

business-and-legal26 days ago•3 min saved

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.

via Los Angeles Times|

#antitrust #business-and-legal #doj

business-and-legal27 days ago•12 min saved

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.

via Deadline|

#antitrust #business-and-legal #department-of-justice

business-and-legal29 days ago•12 min saved

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.

via Peoples Gazette Nigeria|

#business-and-legal #donald-danks #loop-industries

business-and-legal2 years ago•4 min saved

"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.

via BBC.com|

##business-and-legal #horizonsoftware

business-and-legal2 years ago•2 min saved

"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.

via Fox Business|

##business-and-legal #classactionsettlement

business-and-legal2 years ago•1 min saved

"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.

via CNN|

##business-and-legal #classactionlawsuit

business-and-legal2 years ago•1 min saved

"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.

via HBR.org Daily|

##affirmativeaction #business-and-legal

business-and-legal2 years ago•1 min saved

"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.

via The Hill|

##administrativecharges #business-and-legal