A U.S. federal court on Thursday dismissed a lawsuit accusing Robinhood Markets Inc. of violating state laws by restricting trades on so-called meme stocks during a January 2021 rally, a move that retail traders allege resulted in billions in losses. Chief Judge Cecilia Altonaga of the federal court in Miami ruled that retail investors cannot…
Court Dismisses Claims Robinhood Wrongly Restricted ‘Meme Stock’ Trades
Intel Scores Major Win as Court Scraps $1.2 Billion EU Antitrust Fine
Intel on Wednesday won its fight against a 1.06-billion-euro ($1.2 billion) EU antitrust fine that the U.S. chipmaker was handed 12 years ago for stifling a rival, in a major setback for EU antitrust regulators. The judgment by Europe’s second-top court in support of Intel’s arguments is likely to cheer Alphabet unit Google in its…
BC Appeal Court Extends Injunction Against Protests at Fairy Creek Until September
VANCOUVER—British Columbia’s Court of Appeal has overturned a lower-court ruling and extended an injunction against old-growth logging protests until September on Vancouver Island. A panel of three judges granted the appeal by forestry company Teal Cedar Products Ltd. of an earlier B.C. Supreme Court decision that denied the company’s application to extend the injunction by…
Twitter Loses Online Hate Speech Court Battle in France
PARIS—Twitter must disclose details on what it does to tackle hate speech online in France, the Paris appeals court ruled on Thursday, handing a win to advocacy groups that say the social network does not do enough. The decision provides ammunition to campaigners elsewhere in Europe who want tougher controls to prevent the spread of…
New Year, Old Issues: Enbridge, State of Michigan Renew Line 5 Hostilities in Court
WASHINGTON—Enbridge Inc. and the state of Michigan are facing off in court once again in the latest chapter of the ongoing Line 5 pipeline saga. In new court documents, state Attorney General Dana Nessel is reprising her argument that the dispute over the cross-border gas line belongs in state court. And Calgary-based Enbridge says Michigan’s…
Ex-leader Poroshenko Returns to Ukraine to Face Charges
KYIV, Ukraine—Former Ukrainian President Petro Poroshenko on Monday returned to Ukraine to face court on treason charges he believes are politically motivated. At the Kyiv airport, where he arrived on a flight from Warsaw on Monday morning, Poroshenko was greeted by several thousand cheering supporters. Some carried banners reading “We need democracy,” and “Stop repressions.”…
EU Court Rejects Cities’ Bid to Curb Car Emissions
BRUSSELS—The European Union’s top court dismissed a complaint on Thursday brought by the cities of Brussels, Madrid, and Paris against the European Commission in which they accused it of setting car emissions limits for nitrogen oxides too high. The Court of Justice of the European Union (CJEU) thereby overruled an earlier judgment in favor of…
US Appeals Court Revives Boeing 737 MAX Shareholder Suit
WASHINGTON—A U.S. appeals court on Friday revived a pension plan’s 2019 shareholder lawsuit against Boeing Co. officers and directors alleging they had made false public statements about the 737 MAX. The plane was involved in two crashes that killed 346 people over a five-month period and led to the plane’s grounding in March 2019. The…
Djokovic Given Vaccine Exemption After COVID-19 Infection Last Month, Court Documents Show
Novak Djokovic’s lawyers filed court papers Saturday in his challenge against deportation from Australia that show the tennis star tested positive for COVID-19 last month and recovered, grounds he used in applying for a medical exemption to the country’s strict vaccination rules. The No. 1-ranked Djokovic was denied entry at the Melbourne airport late Wednesday…
Djokovic Given Vaccine Exemption After COVID-19 Infection Last Month, Lawyer Says in Court Documents
Novak Djokovic’s lawyers filed court papers Saturday in his challenge against deportation from Australia that show the tennis star tested positive for COVID-19 last month and recovered, grounds he used in applying for a medical exemption to the country’s strict vaccination rules. The No. 1-ranked Djokovic was denied entry at the Melbourne airport late Wednesday…
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