Topic
corporate-litigation
4 stories related to this topic, newest first.
thehindu.combusiness19 days agoUpdated
Alibaba Sues Pentagon After Being Added to List of Firms With Alleged China Military Ties
Alibaba filed suit in California federal court seeking removal from the Pentagon's updated 1260H list after the Defense Department designated the company a military-civil fusion contributor. The listing bars the Pentagon from contracting with listed firms starting 30 June 2026.
news.google.comfinance31 days ago
Verra Mobility Faces Securities Lawsuit After Avis Contract Termination Disclosure
Verra Mobility disclosed on May 26, 2026 that Avis Budget Group issued a termination notice effective September 2026. The announcement prompted a 70 percent share-price decline the next day and the departure of CEO Roberts five days later. A securities class action now covers pur…
finance.yahoo.comworld49 days ago
Guzman y Gomez Sued in U.S. Over Alleged Failure to Notify Staff of Closure
A lawsuit filed in the United States alleges that Australia's Guzman y Gomez did not provide required notice before closing a location. The complaint centers on compliance with federal worker-notification rules.
New York Postai62 days ago
Sam Altman Testifies Elon Musk Sought Control of OpenAI and Backed For-Profit Shift
OpenAI CEO Sam Altman told a federal jury in Oakland that Elon Musk wanted majority control of the AI startup he co-founded and suggested its leadership would pass to his children if he died. Altman disputed Musk’s accusation that he stole a nonprofit, testifying that Musk knew a…