Deadline

X Faces Potential Shutdown in Brazil as Legal Deadline Expires

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São Paulo, Brazil – Social media giant X, formerly known as Twitter, faces potential prohibition in Brazil following a missed deadline by the platform to comply with a judicial order aimed at combatting misinformation. The looming ban underscores escalating tensions between the digital platform and Brazilian authorities as national elections approach. A Brazilian judge had previously set a strict timeframe for X to adhere to several measures intended to curb the dissemination of false information, particularly concerning judicial actions and public policies. These measures included the tagging of misleading content and providing users with clear … Read more

Brazil’s Chief Justice Sets Deadline: Comply by Thursday or Risk National Prohibition

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BRASILIA, Brazil — Brazil’s highest court has issued an ultimatum to X, a significant U.S. technology company, demanding that it comply with a court order by Thursday evening or face a nationwide ban. The ruling, asserting the need for compliance with local laws, underscores a growing global scrutiny over tech giants and their operations across international borders. Chief Justice Luiz Fux, who presided over the case, emphasized the importance of adherence to Brazilian law, particularly concerning data privacy and misinformation. This case marks a notable incidence of a national judiciary asserting its authority over global … Read more

Investors Take Note: Class Action Lawsuit Targets NIKE, Inc. – Critical Deadline Approaching

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New York, NY – Legal challenges mount as Levi & Korsinsky, LLP announces a significant class action lawsuit against NIKE, Inc., implicating the interests of investors who acquired shares over an identified period. The lawsuit presents charges that the corporation may have issued materially misleading business information to the investing public. The legal notice identifies a forthcoming deadline for a lead plaintiff motion, urging investors who have suffered losses to partake in the class action suit. The lawsuit pinpoints specific time frames during which those who have purchased NIKE shares should consider their eligibility to … Read more

Attention NIKE Investors: Class Action Lawsuit Announced with Impending Deadline – Learn What You Need to Know

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New York — Investors of NIKE, Inc. are facing a critical deadline as a class-action lawsuit looms, which alleges significant corporate mismanagement and potentially misleading financial reporting. The law firm Levi & Korsinsky has issued a notification urging NIKE shareholders to join the lawsuit ahead of the approaching cutoff date. According to legal filings, the lawsuit addresses various concerns regarding NIKE’s operational tactics and disclosures during a specific timeframe. It claims that the company may have provided misleading information to the investing public, which could have influenced investment decisions detrimentally. NIKE, based in Beaverton, Oregon, … Read more