Musk’s X Corp Reaches Settlement in Trademark Dispute Over ‘X’ Branding with Ad Agency

San Francisco, California — X Corp, the parent company of the social media platform known as X, has reached a settlement with a mass-tort advertising agency regarding a trademark dispute over the use of the letter “X.” The legal conflict centered on the agency’s claim that it held rights to the trademark, which includes a range of services in the advertising domain. The settlement provides a resolution after months of legal back-and-forth. The agency, which has been active in promoting legal services, initially filed the lawsuit alleging that its established use of “X” in connection … Read more

Tech Titans in Legal Crosshairs: X Corp and X.AI Sue Apple and OpenAI Over Alleged Antitrust Violations

Dallas, Texas — A federal lawsuit filed on Monday by X Corp. and X.AI LLC is challenging what they describe as an anticompetitive partnership between Apple and OpenAI concerning the exclusive integration of ChatGPT. The plaintiffs allege that this collaboration infringes upon federal competition regulations and fortifies monopolistic practices in both companies’ markets. The lawsuit identifies Apple and OpenAI as maintaining substantial market shares — Apple commands about 65 percent of the U.S. smartphone market, while OpenAI holds nearly 80 percent in the generative AI chatbot sector. By leveraging their dominance, the plaintiffs argue that … Read more

Rosen Law Firm Spearheads Class Action Against Perpetua Resources Corp., Alleging Misrepresented Project Costs

NEW YORK — Rosen Law Firm, a notable player in global investor rights advocacy, recently declared the initiation of a class action lawsuit representing shareholders who purchased securities from Perpetua Resources Corp. (NASDAQ: PPTA) during the period of April 17, 2024, to February 13, 2025. Pertinent filings were made in light of allegations that pertinent information was misrepresented to the investor community, affecting the stock values detrimentally when revealed. Shareholders interested in acting as lead plaintiff within the class have until May 20, 2025, to apply. The role involves leading the litigation on behalf of … Read more

EU Investors Granted Leading Role in Securities Fraud Lawsuit Against enCore Energy Corp.

Investors in the European Union are eligible to lead a class-action lawsuit against enCore Energy Corp., a prominent player in the uranium extraction and production industry. The lawsuit arises from allegations of securities fraud connected to potentially misleading information that impacted the company’s stock performance. The legal action centers around accusations that enCore provided misinformation about its business operations and financial status, possibly leading to inflated stock prices. Those affected purchased shares between December 1, 2021, and September 29, 2022. The claims suggest the company failed to disclose operational and financial challenges, which was crucial … Read more