Action

Class Action Lawsuit Launched by Kessler Topaz Meltzer & Check, LLP Targets The Trade Desk, Inc. Over Allegations of Securities Fraud

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RADNOR, Pa. — A securities fraud class action lawsuit has been lodged against The Trade Desk, Inc., a notable player in the digital advertising technology sector, by the law firm Kessler Topaz Meltzer & Check, LLP. The lawsuit alleges that The Trade Desk misled investors about its business operations and financial prospects, significantly impacting shareholder value. The legal action, filed in the United States District Court for the Central District of California, claims that The Trade Desk issued materially false and misleading statements that failed to disclose adverse information pertinent to investors. Specifically, the complaint … Read more

Class Action Plaintiff Challenges High 5 Games Subsidiary Assets Transfer in $25 Million Legal Battle

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Washington, D.C. — In a recent court showdown, a lead plaintiff in a class action has urged a federal judge in Washington to acknowledge an unjust enrichment claim against a subsidiary of High 5 Games. This legal move stems from allegations that a 2022 asset transfer by High 5 Games was a strategic tactic to sidestep payment of $25 million awarded to a class of plaintiffs on February 7. The jury had concluded that the company deliberately targeted gambling addicts with casino-style mobile apps, leading to this significant court-mandated compensation. This ongoing legal saga brings … Read more

Wisconsin Attorney General Takes Legal Action Against Elon Musk Over $1 Million Voter Payout Scheme

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MADISON, Wis. — In a legal battle that heightens the tension amid an already contentious Supreme Court race in Wisconsin, the state’s attorney general has initiated a lawsuit against tech billionaire Elon Musk, aiming to halt his plan to distribute $1 million checks to select voters. The lawsuit, brought by Attorney General Josh Kaul, challenges Musk’s proposal as potentially unlawful under state and federal regulations regarding electoral incentives. Kaul, a Democrat, expressed urgent concern over the scheme, which he argues could infringe upon laws designed to protect the integrity of the voting process. The controversy … Read more

Epiq Strengthens Class Action and Fraud Prevention Sectors with Tom Davis as New Chief of Staff

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NEW YORK — Epiq, a global leader in legal services and technology, announced the appointment of Tom Davis as Chief of Staff for its Class Action, Remediation, and Mass Tort business unit, confirmed on Tuesday. Davis brings a wealth of experience in operations and fraud prevention to a role critical for overseeing the intricate dynamics of class action suits and large-scale legal remedies. Previously, Davis held the position of vice president of operations and fraud prevention at Garden City Group (GCG), known for its robust administration of class actions before its acquisition by Epiq in … Read more