law

J&J Shares Fall 6% After Reportedly Knowing Of Asbestos In Baby Powder

J&J Shares Fall 6% After Reportedly Knowing Of Asbestos In Baby Powder

Johnson & Johnson (NYSE: JNJ) reportedly knew its talcum baby powder contained asbestos, Reuters said in a report that drove the Company’s shares down by more than 6% on Friday.Reuters reviewed documents from 1971 to the early 2000’s..

After Criminal Probe, SEC will bring a legal suit against Musk

After Criminal Probe, SEC will bring a legal suit against Musk

The Security and Exchanges Commission is bringing forth legal action against Elon Musk. The SEC claims that Musk’s carelessness, erratic behavior and misleading of customers/investors about receiving funding are reasons for this lawsuit as the..

Facebook Down as Top Executive Faces U.S. Congress

Facebook Down as Top Executive Faces U.S. Congress

Facebook, Inc. (NASDAQ: FB) No. 2 executive, Sheryl Sandberg, defended the Company in the U.S. Congress on Wednesday morning over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.Prior to the heari..

Sunoco gas stations in Detroit hit with lawsuit for illegally selling viagra

Sunoco gas stations in Detroit hit with lawsuit for illegally selling viagra

Sunoco LP (NYSE: SUN) gas stations located in Detroit have been hit with a lawsuit alleging that the gas stations have been selling Viagra without prescriptions and under misleading circumstances. The lawsuit was filed by Outlaw Laboratory, a compan..

IBM Seeks $167M from Groupon for Infringing Ecommerce Patents

IBM Seeks $167M from Groupon for Infringing Ecommerce Patents

International Business Machines Corporation(NYSE: IBM) asked a U.S. jury to award USD 167 Million in a lawsuit accusing Groupon,Inc. (NASDAQ: GRPN) for using patented technology from several high-end tech companies. IBM’s lawyer, John Desmarai..

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm Holdings Corp. sued Xerox Corp (NYSE: XRX) for over $1 billion, blaming the company for giving in to pressure from activist investors, Carl Icahn and Darwin Deason, for ending a planned merger. According to a complaint filed with the U.S. D..