lawsuit

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..

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..

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motor Co. filed a lawsuit on Tuesday against Tesla Inc. (NASDAQ: TSLA) alleging design patent infringements. Nikola is seeking approximately $2 billion in damages.Nikola said in court filings that Tesla’s electric Semi is “substan..

Qualcomm Seeks to Ban iPhone Imports

Qualcomm Seeks to Ban iPhone Imports

Qualcomm, Inc (NASDAQ: QCOM), already in a legal battle with Apple Inc (NASDAQ: AAPL), filed a new patent infringement lawsuit seeking to have imports of some iPhones and iPads banned from the country. This communications chip maker filed a lawsuit ..