The firm behind Bored Ape Yacht Club NFTs is being sued for not disclosing celebrities’ involvement. The lawsuit alleged that Yuga Labs manufactured celebrity endorsements and misleading promotions. A class-action lawsuit has been filed against Yugo Labs, the company behind Bored Ape Yacht Club, on behalf of investors who claim it failed to disclose the […]
One fascinating legal dispute making recent headlines is a $5 million case for what the plaintiff describes as deceptive and fraudulent packaging. Florida resident Amanda Ramirez sued the Kraft Heinz Co. for at least $5 million because Kraft’s Velveeta Shells & Cheese Microwavable Shell Pasta takes longer than 3½ minutes to prepare even though its […]
Walmart agreed to a $3.1 billion settlement over lawsuits that tie the retail giant to the longstanding opioid crisis in the US. Earlier this month, CVS and Walgreens announced “agreements in principle,” which are expected to result in $10 billion settlements. The money will resolve “All opioid lawsuits and potential lawsuits by state, local, and […]
According to news sources, the former chairman and chief executive of MoviePass have been charged with criminal securities fraud for allegedly lying about whether the unlimited film ticket service actually worked and hiding huge losses from investors in order to boost its stock price. Ted Farnsworth, 60, and J. Mitchell Lowe, 70, were charged with […]