Why older claims faced Texas’s demand rule A derivative action lets a shareholder pursue a claim on the corporation’s behalf. The claim …
Suit
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Regulation
Estée Lauder facing new stockholder suit over alleged use of gray markets
by shayaanby shayaanA new Southern District of New York lawsuit alleges Estée Lauder retail sales in Asia relied on “a pervasive, prohibited gray market …
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Regulation
Ripple’s David Schwartz Defends Tether’s $42 Million ‘Pig-Butchering’ Freeze in Landmark Suit
by shayaanby shayaanFormer Ripple Chief Technology Officer David Schwartz has publicly supported Tether in a legal dispute over the freezing of $42.4 million. Commenting …
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Mining
Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger
by shayaanby shayaanFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in …
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CME Group sued the CFTC on Thursday, alleging that the agency was wrong in how it approved Kalshi’s first U.S. perpetual futures …
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A California federal judge has certified an investor class in a securities lawsuit accusing Nvidia and CEO Jensen Huang of misleading shareholders …
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Smart Contracts
Gemini Faces Class-Action Suit Over Prediction Market Pivot, Plummeting Stock Price
by shayaanby shayaanIn short Gemini is being sued by shareholders for allegedly misleading investors and concealing its pivot to prediction markets. Founders Tyler and …
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Regulation
Shark Tank’s Kevin O’Leary wins $2.8M defamation suit against Ben ‘BitBoy’ Armstrong
by shayaanby shayaanKevin O’Leary, an entrepreneur and television investor best known for Shark Tank, secured a $2.8 million judgment against Ben Armstrong, a crypto …
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Markets
Institutions fuel tokenized RWA boom as retail looks set to follow suit
by shayaanby shayaanFrom treasuries and funds today to equities and private assets tomorrow. www.coindesk.com
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Regulation
Crypto Debanking Claims Back in Focus as CryptoLaw Wields Details of Deel Class Action Suit
by shayaanby shayaanCryptoLaw accuses the FDIC of criminally misplaced priorities amid crypto debanking debate. Over the past few years, claims that federal banking regulators, …