Disclosures

Pro-XRP Lawyers Challenge SEC Chair Gary Gensler’s Views on Cryptocurrency Disclosures

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Washington, D.C. – As the legal battle between Ripple and the Securities and Exchange Commission (SEC) rages on, pro-XRP lawyers have launched scathing criticisms against SEC Chair Gary Gensler, questioning his leadership integrity. Gensler’s recent remarks on the alleged evasion of public disclosures in the crypto industry have sparked controversy and drawn sharp rebukes from legal experts within the crypto community. Prominent lawyers such as MetaLawMan and pro-XRP advocate Bill Morgan have been vocal in their criticism of Gensler. MetaLawMan, in a recent post, cited Judge Shelby’s comments in a case involving the SEC, accusing … Read more

Netflix Successfully Defends Itself Against Legal Battle, Exonerated in Shareholder Lawsuit on Account-Sharing Disclosures

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LOS GATOS, Calif. (AP) — Netflix, the popular streaming service, has successfully defeated a lawsuit filed by shareholders seeking compensation for alleged misleading disclosures regarding account-sharing. The ruling was made on January 8th, 2024, by a U.S. District Judge in Los Gatos. The lawsuit claimed that Netflix had failed to inform shareholders about the potential financial impact of users sharing their accounts with others. This practice, commonly known as account-sharing, allows multiple people to access a single Netflix account. The plaintiffs argued that Netflix’s failure to disclose the prevalence and consequences of account-sharing caused the … Read more