Claims

Tesla Appeals $243 Million Verdict, Claims Jury Misled on Autopilot Technology in Fatal Crash Case

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Miami — Tesla is seeking to overturn a $243 million jury verdict awarded to the family of a 22-year-old college student who died in a crash involving a Tesla vehicle equipped with Autopilot features. The company, led by Elon Musk, filed a motion in federal court arguing that the lawyers for the victims misled the jury by referencing Musk during the trial. The tragic incident occurred when the victim, Naibel Benavides, was struck by a speeding Tesla driven by George McGee, who admitted he was distracted by his cellphone at the time of the accident. … Read more

Johnson & Johnson Faces Setback as Bankruptcy Court Rejects Talc Claims

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MORRISTOWN, N.J. — Johnson & Johnson is facing a significant setback in its ongoing battle against talc lawsuits after a federal bankruptcy court dismissed its subsidiary’s case aimed at resolving numerous claims linked to talcum powder. The decision comes at a time when the healthcare giant has been grappling with financial liabilities totaling billions of dollars stemming from allegations that its talc products caused cancer. The bankruptcy court’s rejection was a turning point in a contentious chapter for the company, as the firm had sought to utilize the bankruptcy system to manage legal liabilities more … Read more

Tesla Battles $243 Million Verdict Over Fatal Crash, Claims Jury Was Misled by References to Elon Musk

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NEW YORK — Tesla, the electric vehicle manufacturer led by Elon Musk, is asking a federal court to overturn a substantial $243 million damages verdict awarded to the family of a young woman who died in a crash involving a Tesla vehicle. The incident, which took place during a stargazing outing, has sparked considerable concern regarding the implications for automotive safety and liability. The filing, submitted in Miami federal court, comes after a jury determined that while the driver of the Tesla was predominantly at fault for the incident, the company’s Autopilot technology contributed to … Read more

Elon Musk Fights Back Against SEC Lawsuit, Claims ‘No Harm’ in Late Twitter Investment Disclosure

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San Francisco, Calif. — Elon Musk is moving to dismiss a lawsuit filed by U.S. regulators who contend he improperly delayed disclosing an increase in his stake in Twitter, which he later acquired outright and rebranded as X. The U.S. Securities and Exchange Commission (SEC) claims Musk failed to announce his expanded holdings within the mandated timeframe. In its January complaint, the SEC alleges that Musk had accrued more than 5% of Twitter before he officially disclosed his investment, a delay that purportedly saved him approximately $150 million by allowing him to buy shares at … Read more