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JPMorgan Lawsuit Raises Governance Questions As Valuation Shows Apparent Discount
Simply Wall St.117d agobearish
JPMorgan Lawsuit Raises Governance Questions As Valuation Shows Apparent Discount

A former JPMorgan Chase employee has filed a high-profile corrected lawsuit accusing executive Lorna Hajdini of sexual harassment, assault, retaliation, and discrimination. The suit, recently amended and refiled with more detailed allegations, follows the employee's complaint and period of medical leave. Both JPMorgan Chase and Hajdini deny the claims, stating internal investigations did not find merit to the allegations. JPMorgan Chase, traded as NYSE:JPM, is facing this legal challenge...

A Look At Babcock & Wilcox Enterprises (BW) Valuation After New Class Action Lawsuits
Simply Wall St.117d agobearish
A Look At Babcock & Wilcox Enterprises (BW) Valuation After New Class Action Lawsuits

Multiple law firms have launched class action lawsuits against Babcock & Wilcox Enterprises (BW), alleging securities fraud tied to disclosures about a Power Generation Contract and conflicts of interest involving the company’s largest shareholder. See our latest analysis for Babcock & Wilcox Enterprises. At a share price of $14.84, BW has given investors a 133.70% year to date share price return and a very large 1 year total shareholder return. However, the recent 30 day share price return...

Google settles racial discrimination lawsuit for $50 million
Associated Press118d agobearish
Google settles racial discrimination lawsuit for $50 million

Google has reached a settlement with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022. April Curley, a former Google employee, had sued the tech giant for racial discrimination, saying it engages in a “pattern and practice” of unfair treatment for its Black workers. Other former Google workers also joined the suit, which later received class action status.

Google has bit more time to address concerns in EU investigation, EU Commission says
Reuters118d agobearish
Google has bit more time to address concerns in EU investigation, EU Commission says

EU regulators are giving Alphabet's Google a little bit ‌more time to sooth their concerns ‌after a previous proposal from the company fell short, ​the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a ‌solution that really ⁠addresses the concerns that were raised in the case and in the ⁠preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The ​Commission, which acts as ​the EU competition ​enforcer, has charged Google with ‌breaching the Digital Markets Act, ​which aims ​to rein in the power of Big Tech, and is in the midst ​of finalising ‌its decision that could include a fine ​against Google.

GM issues recall for popular product
TheStreet118d agobearish
GM issues recall for popular product

If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...

AFP119d agobearish
Google faces new UK lawsuit over online display ads

Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced Thursday, in the latest antitrust action against the US tech giant.A separate lawsuit filed in UK courts last year also accused Google of overcharging for online advertising.

JPMorgan Weighs Tokenized Treasury Pilot Against Sanctions Lawsuit Risks
Simply Wall St.119d agobearish
JPMorgan Weighs Tokenized Treasury Pilot Against Sanctions Lawsuit Risks

JPMorgan Chase (NYSE:JPM) is participating in a cross border pilot to settle tokenized US Treasuries in near real time alongside Ripple, Mastercard, and Ondo Finance. The bank is also facing a lawsuit in China from HY Energy over the freezing of major fund transfers tied to US sanctions rules. For a global bank like JPMorgan Chase, this mix of digital asset settlement work and sanctions related scrutiny highlights how core banking activities are changing. Tokenized US Treasuries aim to move...

Kinder Morgan Lawsuit Puts Pipeline Safety And Investor Risk In Focus
Simply Wall St.119d agobearish
Kinder Morgan Lawsuit Puts Pipeline Safety And Investor Risk In Focus

Kinder Morgan is being sued after a pipeline explosion in Texas that caused severe injuries to a worker. The lawsuit alleges negligence and gross negligence, focusing on safety procedures and maintenance at the site. The case raises questions around Kinder Morgan's operational risk management and potential legal exposure. Kinder Morgan (NYSE:KMI) is in focus as this legal case develops alongside a current share price of $31.58. The stock has returned 14.0% year to date and 19.1% over the...

Tesla rare mistake prompts it to recall thousands of U.S. vehicles
TheStreet119d agobearish
Tesla rare mistake prompts it to recall thousands of U.S. vehicles

Tesla has built its brand on the idea that software is a strength, not a vulnerability. A recall confirmed May 6 is a reminder that the gap between those two things can close quickly. The National Highway Traffic Safety Administration (NHTSA) confirmed that 218,868 Tesla vehicles are being recalled ...

Google moves to avert EU fines with offer in news search case, Bloomberg News reports
Reuters120d agoneutral
Google moves to avert EU fines with offer in news search case, Bloomberg News reports

Google has proposed modifications to the way it presents ‌news results on its search ‌engine, aiming to prevent additions to the 9.5 ​billion euros ($11.16 billion) in competition fines it has accumulated from the European Union, Bloomberg News reported on Wednesday. The company could avoid a formal order to change its business practices and potential fines under the Digital Markets Act if its ‌offer, which includes ​amendments to its anti-spam ​policies, is ​approved by market rivals ‌and EU regulators, the report ​said. Google did not immediately respond to ​a Reuters ‌request for comment.

Tesla Recalls 219,000 Cars. Why the Stock Is Rising.
Barrons.com120d agobearish
Tesla Recalls 219,000 Cars. Why the Stock Is Rising.

Tesla stock rose early Wednesday as the electric-vehicle maker recalled 218,868 cars to correct a rearview camera issue. Tesla shares were up 0.4% at $390.80, while and futures were up 0.8% and 0.9%, respectively. Benchmark oil prices were down 8% at just over $101 per barrel in early trading.

MARA Holdings Faces Texas Lawsuits As It Repositions Toward Energy Ownership
Simply Wall St.120d agobearish
MARA Holdings Faces Texas Lawsuits As It Repositions Toward Energy Ownership

Texas residents have filed multiple lawsuits against MARA Holdings over alleged noise, health effects, and property value loss linked to its Bitcoin mining facility. MARA Holdings has agreed to acquire Long Ridge Energy & Power, marking a shift toward owning energy and digital infrastructure assets. The company is revising its Bitcoin strategy so mining cash flows help fund a broader build out of AI capable digital infrastructure. MARA Holdings (NasdaqCM:MARA), recently trading at $12.16,...

Elon Musk settles SEC Twitter disclosures lawsuit for $1.5 million
Reuters Videos121d agobearishVIDEO
Elon Musk settles SEC Twitter disclosures lawsuit for $1.5 million

<body><p>STORY: Elon Musk has settled a U.S. Securities and Exchange Commission lawsuit against him for a $1.5 million fine.</p><p>The suit accuses the world's richest person of waiting too long in 2022 to disclose his initial purchases of shares in Twitter, now known as X.</p><p>Under the settlement disclosed Monday, a trust in Musk's name will pay the fine.</p><p>The Tesla chief did not admit wrongdoing, and won't have to give up any of the $150 million he allegedly saved from the delay.</p><p>Now the settlement requires approval by U.S. District Judge Sparkle Sooknanan, who in February rejected Musk's bid to dismiss the case.</p><p>The SEC declined to comment.</p><p>In its lawsuit, the regulator said Musk's 11-day delay in revealing his initial 5% Twitter stake let him buy more than $500 million of shares at artificially low prices, before he finally revealed a 9.2% stake.</p><p>Musk called the delay inadvertent, and accused the SEC of violating his free speech rights by targeting him.</p><p>The case is separate from a civil suit where a San Francisco jury in March held Musk liable for having defrauded Twitter shareholders after announcing the buyout.</p></body>

ImmunityBio FDA Warning And Lawsuits Test Anktiva Growth Story
Simply Wall St.121d agobearish
ImmunityBio FDA Warning And Lawsuits Test Anktiva Growth Story

ImmunityBio received an FDA warning letter criticizing promotional claims for its lead product Anktiva. Following the warning letter, multiple class action lawsuits were filed alleging misleading statements and securities fraud. The issues center on whether the company accurately represented Anktiva's profile in marketing and investor communications. For investors tracking ImmunityBio (NasdaqGS:IBRX), this comes at a time when interest in the stock has been high, with a current share price...

How Avatar Lawsuit And New Disney Tie-ins At Walt Disney (DIS) Has Changed Its Investment Story
Simply Wall St.122d agobearish
How Avatar Lawsuit And New Disney Tie-ins At Walt Disney (DIS) Has Changed Its Investment Story

In April 2026, former 3-D animator Eric Ryder filed an amended US copyright lawsuit against James Cameron, Lightstorm Entertainment, and several Walt Disney subsidiaries, alleging extensive unauthorized use of his KRZ story across the entire Avatar franchise and seeking more than US$1.00 billion in damages plus injunctive relief. Separately, WK Kellogg Co announced the return of cereal-box toys through a tie-up with The Walt Disney Studios for Toy Story 5, underscoring how Disney’s...