Results for: Lawsuit

Sam Bankman-Fried, the former CEO of the failed cryptocurrency exchange FTX, is set to cooperate with a class-action lawsuit filed by investors and customers who lost money when the company collapsed. Bankman-Fried has agreed to assist in prosecuting celebrities who endorsed FTX, including Tom Brady, Larry David, Stephen Curry, Shaquille O’Neal, and Naomi Osaka. The lawsuit alleges that the celebrities promoted FTX without disclosing that they were paid by Bankman-Fried, and that they are therefore liable for some of the losses incurred by investors.

David Beckham has filed a lawsuit against former friend Mark Wahlberg over an 8.5-million-pound business dispute surrounding the gym brand F45 Training. Beckham’s company DB Ventures claims that the owners of F45 misled him into signing an endorsement deal. Beckham is seeking stock in F45, which he says was never delivered after the company’s market value began to tank.

Sanofi has agreed to settle approximately 4,000 lawsuits alleging that its heartburn medication, Zantac, contained a carcinogen. The settlement includes payments of approximately $25,000 per claim and applies to cases filed outside of Delaware. A Delaware judge will determine the admissibility of scientific evidence for additional lawsuits involving Zantac. The company claims that the settlement is not an admission of liability but a measure to reduce litigation costs.

David Beckham has filed a lawsuit against actor and wellness mogul Mark Wahlberg, claiming he was misled into a business deal that cost him millions of pounds. The case relates to the fitness company F45 Training, which Wahlberg part-owns. Beckham alleges that Wahlberg did not disclose certain information during their negotiations, resulting in him losing over £8.5 million in potential earnings. Wahlberg and his co-defendants have denied the allegations.

Todd, Julie, and Savannah Chrisley are facing a lawsuit along with their son Grayson after he allegedly caused a car accident by being negligent. The lawsuit claims Grayson was behind the wheel of his parents’ Ford pickup truck when he crashed into the back of a stopped car driven by Patrick Rykwalder.