Lose

Social Media Giants Lose Key Legal Battle Over Alleged Youth Mental Health Harms

by

San Francisco, CA – A recent court ruling has put tech giants Meta Platforms, YouTube, Snap, and TikTok under continued legal pressure as their plea to dismiss failure-to-warn claims was rejected. The claims are part of a larger consolidated lawsuit alleging that the social media platforms have contributed to mental health issues among young users. The decision allows the litigation to proceed, focusing on how these popular platforms possibly failed to inform users about the risks associated with their services, specifically the potential negative impacts on youth mental health. This legal development is a significant … Read more

Korean Claimants Lose Appeal Over Missed $2 Billion Settlement Checks Deadline, Sixth Circuit Upholds Rigid Enforcement

by

Seoul, South Korea – In a notable development involving international law and bankruptcy claims, around 200 Korean claimants recently failed to cash their settlement checks, missing the set 180-day deadline stipulated by the $2 billion Dow Corning Settlement Trust. This misstep marked their fifth unsuccessful attempt to meet the deadline, essential for claiming their part in the settlement. The Dow Corning Settlement Trust, affirmed by the Bankruptcy Court for the Eastern District of Michigan in 1999, includes a clause requiring the cashing of checks within a 180-day period to avoid forfeiture. Despite these clear terms, … Read more

ADP 401(k) Participants Lose Jury Trial Bid in Class Action Over Excessive Fees

by

Newark, NJ — A group of over 50,000 participants in the Automatic Data Processing Inc. (ADP) 401(k) retirement plan recently faced a setback in their class-action lawsuit against the human resources management software company. The plaintiffs had hoped to challenge what they deemed to be undue and excessive management fees levied on their retirement investments via a jury trial. However, their request was denied on grounds that their case seeks what is legally categorized as an “equitable remedy.” The decision was handed down by Magistrate Judge José R. Almonte of the U.S. District Court for … Read more

Google Sued Over Security Breach as Users Lose $5M in Crypto to Fraudulent Play Store App

by

San Francisco, CA – A new lawsuit has hit Google, claiming the tech giant allowed an app on its Play Store that led to the theft of $5 million in cryptocurrency from unsuspecting users. The legal action, initiated by affected users, argues that Google failed to adequately vet the application, which masqueraded as a legitimate cryptocurrency platform. The application, known as “Crypto Hound,” posed as a tool for tracking and managing digital assets. Unbeknownst to users, however, it harbored malicious software designed to siphon off Bitcoin and other digital currencies from their wallets. The case … Read more