Posted inLawsuits

It Pays to Share

Failed business deal

In recent news, a former footballer and an actor go head-to-head in the ultimate legal showdown of a business venture gone awry.  In the U.S. District Court of Central California, David Beckham filed a complaint against the Syndey, Australia-based company F45 Training, which is 36% owned by Mark Wahlberg.  Beckham claims that Wahlberg approached him to serve as a brand ambassador for the company but was later allegedly duped out of millions.  The former athlete alleges breach of contract and fraudulent conduct.  Since the initial filing, Wahlberg has denied the accusations and is seeking a dismissal.

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Posted inLawsuits

Don’t Stop the Game

Taking from the rich…

The stock trading and investing app, Robinhood, has developed into one of the most popular broker-dealer platforms. Aside from its “commission-free” marketing, the benefits include easy accessibility and your first stock free! About a month ago, however, consumers learned of the downsides to using Robinhood. At least 90 lawsuits have been filed against the company for restricting trade of specific securities, including GameStop. Consumers claim that the perceivably unlawful act of the company has caused financial hardship and unfair, lost opportunities for a potentially profitable investment.

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Posted inLawsuits

Blacklisted? Investors Rally Against Blackberry

Blackberry's tough times continue as their shareholders cry foul.  In a recent class-action lawsuit, thousands of investors claim that they were misled by the company's lofty sales expectations.  Many are...
2 minutes
Posted inLawsuits

Closing the Book on the Facebook Lawsuit

There's a pretty good chance that Mark Zuckerberg had already de-friended Paul Ceglia.  In a recent decision, Ceglia has officially been indicted after faking evidence against Facebook creator Mark Zuckerberg. ...
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