Tag Archives: lawsuit

Facebook Advertisers Call Foul

Thumbs down

Another day, another Facebook lawsuit. This time around, the slings and arrows aimed at Mark Zuckerberg and co are from their advertisers, who claim that the Facebook ad platform misled them. The main point of contention is the “Potential Reach” number, an ambiguous total provided by Facebook to help agencies spend their money. Unfortunately, an astute advertiser noticed that the “Potential Reach” number for Facebook users between 18-34 actually exceeds the amount of people in that age group, in every state. This particular social media lawsuit was filed in the U.S. District Court in North California, and will likely bring in more plaintiffs. Continue reading →

Fire Rises in Tinder Lawsuit

…And the flames went higher

These days, young people much prefer searching through their phone to meet people instead of actual face to face conversation. Technology has transformed the dating world, led by apps such as Tinder. Users can swipe right on anyone in their area they might be interested in meeting up with for a date. Valued at over $1.3B in 2015 with a ceiling of over $3B based of downloads and subscriptions, there is no doubt that Tinder was a home run for the co-founders. However, much like dating these days, there is not always smooth sailing. In a new lawsuit, the original co-founders are suing the current owners, claiming they inflated the valuation and seeking over $2B in damages. Continue reading →

Investor Loses Crypto, Blames AT&T

BTC & AT&T

The world of cryptocurrency has fallen from most of the headlines, but there are still several people out there with millions at stake. A US investor & entrepreneur is suing AT&T, his internet service provider, over a theft of his cryptocurrency. Michael Terpin is seeking $224M, the value of his crypto portfolio at the time. The lawsuit was filed in a Los Angeles court room and claims “digital identity theft” in an attempt to hold someone (or something) accountable for the loss of his tokens. Today, the cryptocurrency market cap is over $200B, led by main coins such as Bitcoin, Litecoin, Ripple, Ethereum, and Stellar. Continue reading →

Doctor Accidentally Removes a Kidney

Medical “expert”…?

Generally, people trust doctors to have a grasp on what is going on with their health issues, especially when surgery is involved. While the finer details can sometimes be left to the professionals, a woman from Iowa has some fairly valid complaints against the doctor who performed her surgery. Dena Knapp had surgery to remove a mass on her adrenal gland in 2016, but woke up without a kidney. A South Dakota doctor named Scott Baker performed the procedure and originally stated that he “did not get everything”; which is not entirely true (he did accidentally “get” a healthy kidney). Knapp is suing for an undisclosed amount after suffering from complications.  Continue reading →

From Pirate to Plaintiff

Johnny can’t depend on anyone

Johnny Depp has agreed to settle a lawsuit, in which he accused his former business managers of negligence and dabbling in fraudulent activities with his money.  The amount of money Depp was looking to recover was $25 million.  Depp played the role of victim, claiming the firm did not uphold their fiduciary duties to him.  He blamed Joel and Robert Mandel of the Management Company, who managed Depp’s affairs for 17 years, for issuing loans to outside entities without Depp’s knowledge, and investing the actor’s money in opportunities for which the managers could also claim stake.  Depp also accused the Management Group of failing to file his taxes in a timely manner.  Despite these accusations, Joel and Robert Mandel filed counterclaims in the lawsuit. Continue reading →