A U.S. judge on Friday dismissed a lawsuit accusing Robinhood Markets Inc. of misleading investors about the online brokerage’s financials and growth prospects when conducting its 2021 initial public offering. U.S. District Judge Edward Chen in San Francisco found no proof that disclosures in Robinhood’s IPO materials were false or misleading, or that declines in…
Trump Appeals Dismissal of Twitter Lawsuit
Former President Donald Trump is appealing a lawsuit dismissal against his Twitter ban, handed down by a U.S. District judge early last month. In his latest move to fight against the tech company, according to Bloomberg, Trump filed a notice of appeal in San Francisco federal court on June 27 and said he will take…
Did Dismissals of Safe Outpatient Drugs Cause Needless COVID Deaths? Dissenting Doctors Say Yes
For the first nine months of the COVID-19 pandemic, there were no officially approved outpatient treatments for combating the disease. From March 2020, when the virus first emerged in the United States, until that November, when the Food and Drug Administration authorized emergency use of monoclonal antibodies, health authorities advised that the infected do little…
U.S. Court Upholds Dismissal of Lawsuit Against NSA on ‘State Secrets’ Grounds
A U.S. federal appeals court has upheld the dismissal of a lawsuit by the Wikimedia Foundation, which runs Wikipedia, that challenged the National Security Agency’s mass interception and searching of Americans’ international internet communications. In a divided ruling on Wednesday, the 4th U.S. Circuit Court of Appeals said that the lawsuit must be dismissed after…
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