November 18, 20240 Comments

Australia regulator sues NAB for ignoring hardship application deadlines By Reuters

(Reuters) -Australia’s corporate watchdog on Monday launched civil penalty proceedings against National Australia Bank (OTC:), the country’s second-largest lender, for failing to respond to hundreds of financial hardship applications within the legally mandated time frame. Shares in NAB slipped as much as 1.9% to A$38.98 in early trade, largely in-line with a 1.2% fall in the broader financial sub-index. The Australian Securities and Investments Commission (ASIC) claims that NAB and

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November 13, 20240 Comments

Beverly Hills surgeon sues Medtronic for patent infringement

Michael Siluk | Education Images | Universal Images Group | Getty Images Dr. Shirin Towfigh thought she had designed a medical device that would revolutionize hernia care for women. Now, Towfigh is suing Medtronic, a global leader in medical devices, accusing the company of stealing her patented design.  A Beverly Hills surgeon with over 22 years of experience, Towfigh says she discovered that a significant number of her hernia patients

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November 11, 20240 Comments

FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion

The estate of collapsed crypto exchange FTX has filed a suit against Binance and its former CEO Changpeng Zhao in an effort to wrest back at least $1.76 billion, citing a “fraudulent” share deal. In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in

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