Abbott Defeats Shareholder Lawsuit Over 2022 Infant Formula Recall July 27, 2026 By Jonathan Stempel A federal judge on July 24 dismissed a lawsuit accusing Abbott Laboratories of defrauding shareholders by downplaying and trying to...
Amgen Settles Shareholder Lawsuit Claiming it Hid $10.7 Billion Tax Bill July 22, 2026 By Jonathan Stempel Amgen reached a $74 million settlement of a lawsuit accusing the biotechnology company of waiting too long to disclose that...
Microsoft Sued by Shareholders Over Expenses, Cloud Business, AI June 16, 2026 By Jonathan Stempel Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing...
Supreme Court Shields Investment Funds From Shareholder Lawsuits June 12, 2026 By Greg Stohr The US Supreme Court shielded funds from some investor lawsuits, ruling that an 86-year-old federal statute doesn’t authorize shareholders to...
Activision Shareholders Reach $250 Million Settlement Over Microsoft Buyout May 26, 2026 By Tom Hals Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them...
Musk Found Liable to Twitter Shareholders in Fraud Lawsuit Over Takeover March 23, 2026 By Abhirup Roy and Jonathan Stempel A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive...
SEC Gave Companies More Power Over Investors but Lawsuits Pushed Them Back March 2, 2026 By Ross Kerber and Simon Jessop A new federal approach giving U.S. companies more say over which proposals shareholders can vote on at their annual meetings...
CrowdStrike Defeats Shareholder Lawsuit Over Huge Software Outage January 14, 2026 By Jonathan Stempel A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded them by concealing its inadequate...
Starbucks Must Face Shareholder Lawsuit Over Surprise Sales Decline November 20, 2025 Starbucks must face a lawsuit claiming it defrauded shareholders by concealing declining sales in the United States and China, its...
Rivian Agrees to Pay $250 Million to Settle IPO Fraud Lawsuit October 24, 2025 By Abhirup Roy and Mike Scarcella Rivian has agreed to settle a 2022 class-action lawsuit by paying $250 million to some shareholders who had alleged the...