VENTURE CAPITAL POST

Oklahoma sued two Texas natural gas companies for purposefully reducing gas supply during Winter Storm Uri in 2021, raising prices and making huge profits.

Nexus Services, a firm providing services for immigrants in federal detention, was ordered to pay over $811 million in restitution and penalties in a lawsuit that claimed it engaged in abusive and deceptive practices.

A Texas federal judge halted the NLRB's proposed policy of making it easier for major business workers to form unions.

Walgreen had sued Theranos and is seeking for a $140 Million in Damages.

The fight between the City of San Francisco and the home-rental company heats up as judge releases rules in favor of the SF Law.

A forensic pathologist featured in a recent docuseries in CBS is sued by Burke Ramsey after advancing to the theory the Ramsey is the one who killed his younger sister, JonBenét, in 1996.

SunEdison is facing another lawsuit, this time from its subsidiary TerraForm. TerraForm accused its parent company for misallocating cash for its projects in India to SunEdison’s own balance sheet.

A lawsuit filed on March 8 claimed that Sequoia Capital’s partner Michael Goguen has sexually, physically, and emotionally abused a woman for 12 years. Mr Goguen has been dismissed from the firm regarding the case and is seeking to file a cross complaint and prove he’s not guilty of the alleged crimes.

Due to a cyanide spill in a mine in Argentina, Canadian-owned Barrick Gold is facing a fine of $9.3 million imposed by the local government. Nine current and former employees are also being held as defendants over accusations of negligence that caused the spill.

A sample test conducted by Uttar Pradesh food safety officials found that Nestle’s Maggi noodles contain more percentage of ash than permitted by the regulations. However, the company has denied the accusation, stating that the claim is based on the wrong standard.

Burberry filed a lawsuit over the claim that U.S. retailer J.C. Penney sold infringed products. The retailer was accused of copying Burberry’s century-old pattern trademark and kept selling the product for up to two months after Burberry raised its objections.

The lawsuit is cast out by more than 40 customers, led by Chris Howe. The lawsuit stated that McDonald's aired unfair advertisements with the claim that its new menu item contains 100 percent pure mozzarella cheese, while according to Howe they contain filler. The lawsuit tests support the claim, but McDonald's has refuted the claim.

The lawsuit claims a penalty of $18 million as well as the returning of $2 million royalty payment because Jay Z was not abiding by the agreement that he would promote his signature fragrance. Parlux Fragrances claimed that they have lost millions from potential sales and development costs and demanded a compensatory fine.

Amazon is filing a lawsuit over 1,114 fake reviewers of Amazon products identified under the website Fiverr, a website for hiring freelance writers.

Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.