Corporate Crime/Legal Action – Page 28

2Jul

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World

Is Your Company's DEI Program Lawful?

The Supreme Court’s ruling against affirmative action has implications beyond the ivory tower.

Senior Attorney Helped FTX Founder Misuse Customer Funds, Report Says

26Jun

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Money

Senior Attorney Helped FTX Founder Misuse Customer Funds, Report Says

The unnamed lawyer in a document released by FTC Chief Executive John J. Ray III appears to be the crypto exchange’s former chief regulatory officer, Daniel Friedberg, say people familiar with the matter.

Georgia-Pacific Ruling Reinvigorates Texas Two-Step

23Jun

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World

Georgia-Pacific Ruling Reinvigorates Texas Two-Step

Just as the Texas Two-Step looked to be on the ropes, a federal appeals court showed the controversial tactic still has legs. The Fourth Circuit Court of Appeals earlier this week signaled strong approval for Georgia-Pacific’s strategy of settling mass asbestos claims through the chapter 11 case of its affiliate Bestwall, the first of the current breed of Texas Two-Step bankruptcies. Bestwall filed for chapter 11 in 2017 in North Carolina and has since been locked in a standoff with asbestos-injury claimants who are determined...

The FTC sued Amazon, alleging that the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program.

21Jun

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World

The FTC sued Amazon, alleging that the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program.