Lawsuits
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024. Michael M. Santiago | Getty Images The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more […]
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FTC sues Deere, alleging equipment repair ‘monopoly’ raises costs for farmers
John Deere booth signage is displayed at CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada. David Becker | Getty Images The Federal Trade Commission has sued agricultural equipment giant Deere & Company, arguing it holds a monopoly on repair services that raises costs and creates delays for […]
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Country Garden overdue results show steep losses amid sector’s sales slump
Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Country Garden, once China’s biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its long-overdue 2023 and interim 2024 financial results, hurt by large provisions amid a prolonged […]
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CFPB sues Capital One, alleges it misled consumers on savings rates
Capital One headquarters in McLean, Virginia on February 20, 2024. Brendan Smialowski | AFP | Getty Images The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 billion in interest. The agency said in a […]
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U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal
A flag decoration on a fence in front of the United States Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, US, on Monday, Aug. 14, 2023. Justin Merriman | Bloomberg | Getty Images U.S. President Joe Biden violated the Constitution by blocking Nippon Steel‘s $14.9 billion bid for U.S. Steel through a sham […]
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Trump attorney alleges ‘grave juror misconduct’ in hush money trial, calls to toss verdicts
Former U.S. President Donald Trump, with attorney Todd Blanche, speaks to reporters as jurors are released to begin deliberations for his criminal trial at the Manhattan Criminal Court in New York, NY on Wednesday, May 29, 2024. Jabin Botsford | Reuters Attorneys for Donald Trump told a New York judge that the president-elect’s criminal hush […]
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Top U.S. liquor distributor favored Costco, Kroger, other chains over small businesses: FTC
Cases of Beam Suntory Inc. Jim Beam brand bourbon sit stacked in the warehouse at Southern Glazer’s Wine and Spirits LLC distribution center in Louisville, Kentucky, U.S., on Friday, Sept. 28, 2018. Luke Sharrett | Bloomberg | Getty Images The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and […]
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Albertsons sues Kroger after judge rules against grocery merger
Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange, Oct. 14, 2022. Brendan McDermid | Reuters Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its […]
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Trump wants $480 million New York fraud case dropped for the ‘greater good’ — AG says no
Former U.S. President Donald Trump attends the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James, at a Manhattan courthouse, in New York City, U.S., October 3, 2023. Shannon Stapleton | Reuters The New York Attorney General’s Office on Tuesday rejected […]
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Tesla sued by deceased driver’s family over ‘fraudulent misrepresentation’ of Autopilot safety
Tesla Supercharger stations are seen in a parking lot in Austin, Texas, on Sept. 16, 2024. Brandon Bell | Getty Images Tesla is being sued by the family of a driver who died in a 2023 collision, claiming that the company’s “fraudulent misrepresentation” of its Autopilot technology was to blame. The Tesla driver, Genesis Giovanni […]
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