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Tag: Sues

The Source |The Gap Sues Kanye West for Million Following Failed Partnership

The Source |The Gap Sues Kanye West for $2 Million Following Failed Partnership

by AoCEgWtx4o
May 24, 2023
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Kanye West’s Yeezy line might be on sale again (sort of), but one place that his apparel will not be for sale is at the Gap. About eight months after the implosion of their partnership, the Gap announced that they are suing Ye in the amount of $2 million dollars for a breach of contract.The Yeezy Gap apparel line deal, which included men’s, women’s, and children’s clothing, was announced in 2020 and was supposed to last 10 years (with an option to renew after five) and generate $1 billion in annual sales. The Gap’s...

TikTok sues Montana over its ban against the video app

TikTok sues Montana over its ban against the video app

by AoCEgWtx4o
May 23, 2023
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Social media company TikTok filed a lawsuit Monday seeking to overturn Montana’s first-in-the-nation ban on the video sharing app, arguing the law is an unconstitutional violation of free speech rights and is based on “unfounded speculation” that the Chinese government could access users’ data. The lawsuit by TikTok, owned by Chinese tech company ByteDance, follows one filed last week by five content creators. They made similar arguments including that the state of Montana has no authority to take action on matters of national security. Both lawsuits were filed in federal court in Missoula. Republican Gov. Greg Gianforte...

TikTok sues Montana over app ban

TikTok sues Montana over app ban

by AoCEgWtx4o
May 22, 2023
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Wellesenterprises | Istock | Getty ImagesTikTok has filed a federal lawsuit against Montana in response to a recently passed state law that would ban the popular video service in the state.The lawsuit, filed Monday in the United States District Court for the District of Montana, is intended to "prevent the state of Montana from unlawfully banning TikTok," lawyers for the app's parent company, ByteDance wrote."Montana's ban abridges freedom of speech in violation of the First Amendment, violates the U.S. Constitution in multiple other respects and is preempted by federal law," the attorneys said.Last week, Montana...

DOJ sues JetBlue over Spirit takeover

DOJ sues JetBlue over Spirit takeover

by AoCEgWtx4o
March 8, 2023
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A JetBlue Airways Airbus A320, left, passes a Spirit Airlines Airbus A320 as it taxis on the runway, Thursday, July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla.Wilfredo Lee | APThe Justice Department on Tuesday sued to block JetBlue Airways' $3.8 billion proposed takeover of budget carrier Spirit Airlines, the Biden administration's latest attempt to prevent industry consolidation.Spirit Airlines agreed to sell itself to JetBlue last summer after a long battle for the carrier between JetBlue and Frontier Airlines. New York-based JetBlue's acquisition of Spirit faced a high hurdle with...

Trump Sues CNN for Defamation and Seeks 5M in Punitive Damages

Trump Sues CNN for Defamation and Seeks $475M in Punitive Damages

by AoCEgWtx4o
October 4, 2022
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Former President Donald Trump has filed a defamation lawsuit against CNN, accusing the network of defaming him “with a series of ever-more scandalous, false, and defamatory labels of ‘racist,’ ‘Russian lackey,’ ‘insurrectionist,’ and ultimately ‘Hitler.” According to the lawsuit, Trump is seeking punitive damages in the amount of $475 million dollars. Punitive damages are considered punishment and are typically awarded at the court’s discretion when the defendant’s behavior is found to be especially harmful. To prove defamation, a plaintiff must show four things: 1) a false statement purporting to be fact; 2) publication or communication of...

Media mogul Byron Allen sues McDonald’s for billion on discrimination charge

Media mogul Byron Allen sues McDonald’s for $10 billion on discrimination charge

by AoCEgWtx4o
September 26, 2022
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Mcdonald’s is facing a massive lawsuit following an accusation by media mogul Byron Allen that they are purposely excluding black-owned media in their advertising campaigns.  Allen, owner of Allen Media Group, is suing the fast-food chain for $10 billion, and has said they have refused to advertise on his networks Entertainment Studios Networks and Weather Group, which include the Weather Channel and Comedy.TV. While McDonald’s has an annual advertising budget of $1.6 billion, Allen claimed that the company only spends $5 million of that total on African-American media. He also said that McDonald’s had...

Shareholder Sues Rivian, Alleging Startup Misled Investors on Vehicle Pricing

Shareholder Sues Rivian, Alleging Startup Misled Investors on Vehicle Pricing

by AoCEgWtx4o
March 8, 2022
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A shareholder is suing Rivian Automotive Inc., RIVN 2.38% alleging the electric-vehicle startup misled investors by failing to disclose it had underpriced its vehicles and would need to raise prices after its market debut. The lawsuit, filed Monday in a California U.S. District Court, was brought by shareholder Charles Crews, who according to the complaint purchased 35 shares of Rivian RIVN 2.38% stock on its first day of public trading in November at about $112.83 a share. The suit is seeking class-action status. A Rivian spokesperson declined to comment on litigation. Rivian shares were...

Justice Dept. Sues to Block Billion Deal by UnitedHealth Group

Justice Dept. Sues to Block $13 Billion Deal by UnitedHealth Group

by AoCEgWtx4o
February 25, 2022
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WASHINGTON — The Justice Department on Thursday sued to block a $13 billion acquisition of a health technology company by a subsidiary of UnitedHealth Group, in the latest move by the Biden administration to clamp down on corporate consolidation.The agency argued that a deal by UnitedHealth to buy the health tech firm Change Healthcare would give UnitedHealth sensitive data that it could wield against its competitors in the insurance business. The suit was filed in U.S. District Court for the District of Columbia. New York and Minnesota also joined the lawsuit.A spokeswoman for Optum,...

‘Matrix’ Co-Producer Sues Warner Bros. Over HBO Max Streaming Release

‘Matrix’ Co-Producer Sues Warner Bros. Over HBO Max Streaming Release

by AoCEgWtx4o
February 7, 2022
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“The Matrix Resurrections” co-producer Village Roadshow Entertainment Group filed a lawsuit against Warner Bros., alleging the studio parent’s decision to release the movie simultaneously on HBO Max and in theaters was a breach of contract.The suit, which was filed in Los Angeles Superior Court on Monday, is the latest indication of growing tensions between factions of the entertainment industry as major media companies give priority to direct-to-consumer streaming over traditional distribution platforms. Warner Bros. parent WarnerMedia, a unit of AT&T Inc., T -0.27% put its entire 2021 slate of movies on its sister streaming...

House Covid Panel Sues Former Trump Adviser Navarro

House Covid Panel Sues Former Trump Adviser Navarro

by rachelmeadows
November 19, 2021
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In a statement to Mediafrolic, Navarro called the congressional investigation and subpoena a "witch hunt." "I will be delivering a briefcase of my new book 'In Trump Time' to committee members explaining why this is indeed a witch hunt," he said. Navarro joined the administration at the beginning of President Donald Trump's term as director of the Office of Trade and Manufacturing Policy. As the pandemic hit, Navarro became an increasingly influential member of the White House team that responded to the virus and advised the president on supply shortages and methods to keep...