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FTX Sues Over European Unit Deal, Seeking to Recover $323 Million

FTX filed a lawsuit on Wednesday against former managers of a Swiss business the bankrupt cryptocurrency exchange had acquired, looking to claw back at least $323 million to repay creditors and

Johnson & Johnson Sues Researchers who Linked Talc to Cancer

Johnson & Johnson has sued four doctors who published studies citing links between talc-based personal care products and cancer, escalating an attack on scientific studies that the company alleges are

Hospital Rejects Nurses' Claims that Bankruptcy Filing Was 'Unnecessary'

Residents, nurses and local politicians gathered at a town hall meeting in Hollister, Calif., to voice their concerns about the future of Hazel Hawkins Memorial Hospital after the San Benito Health

Illinois’ Biggest Consumer Bankruptcy firm DebtStoppers Files for Chapter 11

The largest consumer bankruptcy law firm in Illinois and one of the biggest in the country has filed for bankruptcy after taking millions in taxpayer-backed loans meant to help struggling businesses

Las Vegas Slot Machine Developer to Close, Will Lay Off 100

Aruze Gaming America — the slot machine developer behind Shoot to Win Craps, Go Go Claw and other electronic table games — will close its Las Vegas headquarters next month and lay off 100 workers

Owner of Memphis-Based Holiday Deli & Ham Co. and Pimento's Restaurant Files for Bankruptcy

A Memphis-based restaurant group filed for chapter 11 protection last Friday, according to federal bankruptcy court records, LocalMemphis.com reported. Holiday Ham Holdings, LLC, the parent company of

Jerry L. Jensen Appointed Acting U.S. Trustee for Arkansas, Nebraska, and Missouri

Jerry L. Jensen has been appointed by Attorney General Merrick B. Garland as the Acting U.S. Trustee for Arkansas, Nebraska, and Missouri (Region 13) effective Aug. 1, the Executive Office for U.S

Ripple Labs Notches Landmark Win in SEC Case over XRP Cryptocurrency

Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent

State Partners and CFPB Sue Prehired For Illegal Student Lending Practices

The Consumer Financial Protection Bureau (CFPB) yesterday joined with several state attorneys general and a state regulator to take action against Prehired for deceptive marketing and debt collection

FTC Opens Investigation into ChatGPT Maker Over Potential Harms

The Federal Trade Commission has opened an investigation into OpenAI, the artificial intelligence start-up that makes ChatGPT, over whether the chatbot has harmed consumers through its collection of