Tag: shareholder lawsuit

IN-DEPTH: A Revolution Is Unfolding Against ‘Woke’ Corporate America, Here’s the Strategy Behind It

Consumer boycotts against “woke” corporations such as Target and Anheuser-Busch are the key to reversing race, gender, and environmental activism in corporate America, according to conservative groups. That’s because customers ditching companies pushing left-wing policies have given conservative groups the traction they needed to fight them legally. Scott Shepard is a Fellow at the National…


IN-DEPTH: A Quiet Revolution Is Unfolding Against ‘Woke’ Corporate America—Here’s the Strategy Behind It

Consumer boycotts against “woke” corporations such as Target and Anheuser-Busch are the key to reversing race, gender, and environmental activism in corporate America, according to conservative groups. That’s because customers ditching companies pushing left-wing policies have given conservative groups the traction they needed to fight them legally. Scott Shepard is a Fellow at the National…


Chinese Company Tuya Faces NY Class-Action Lawsuit for Allegedly Misleading Investors

Shareholders in New York filed a class action lawsuit against Tuya Inc., a Chinese AI and Internet of Things (IoT) platform. Lian Xiaomeng, a Chinese national, was the first to initiate a lawsuit in federal court in the Southern District of New York on Aug. 9 through the shareholder rights law firm Johnson Fistel, alleging…


Tesla Shareholder Lawsuit Reveals Elon Musk’s Private Texts With Saudi Fund on Proposed Privatization

Text messages between Elon Musk and a representative of a Saudi Arabian investment firm have now surfaced as part of an ongoing shareholder lawsuit, shedding more light on the billionaire’s controversial 2018 tweet about taking the publicly traded company, Tesla Inc., private. “Am considering taking Tesla private at $420. Funding secured,” Musk said in the…