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A crypto investor has brought a class action lawsuit against Pump.Fun, a platform for launching and investing in meme-inspired cryptocurrencies, after suffering trading losses. Representing the plaintiffs are Wolf Popper and Burwick Law, the two firms handling a separate class action brought by investors in December over a memecoin launched by web personality Haliey Welch, … Read more
For years John Deere has made it hard for farmers to fix their equipment. Today the Federal Trade Commission announced it’s going to sue to try to stop them. The FTC and the Attorneys General of the states of Illinois and Minnesota are suing John Deere over unfair business practices related to repair. According to … Read more
Today, the US Federal Trade Commission filed a lawsuit against farming equipment manufacturer Deere & Company—makers of the iconic green John Deere tractors, harvesters, and mowers—citing its longtime reluctance to keep its customers from fixing their own machines. “Farmers rely on their agricultural equipment to earn a living and feed their families,” FTC chair Lina … Read more
With the clock running out on the Biden administration, the US Securities and Exchange Commission has sued Elon Musk in federal court. The statute at hand is relatively straightforward. The timing of the complaint is more complicated. The SEC’s complaint centers on Musk’s acquisition of Twitter stock in early 2022. According to the complaint, Musk … Read more
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations, and vowed not to reduce production capacity in the U.S. over the next decade. Read More
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