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Legal

BA

A U.S. judge has set a schedule to consider objections to Boeing's plea deal with the Justice Department, according to a court filing.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:33 pm

FDIS

IDCC

TSLA

XLY

Tesla's lawsuit in the UK against InterDigital and Avanci over 5G patent licenses was dismissed. Tesla sought FRAND terms for 5G patents but will continue its claim to revoke three InterDigital patents. The outcome could impact future 5G technology in automotive applications.

Portfolio Pulse from Shivani Kumaresan

July 15, 2024 | 3:39 pm

DJT

SPY

Former President Trump has called for the dismissal of the Florida documents case against him, stating that it should be the first step and that other cases against him should also be quickly dismissed.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:58 pm

DWAC

A Florida judge has dismissed the classified documents case against former President Donald Trump, ruling that the special counsel's appointment was unconstitutional.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 1:55 pm

MDAI

Spectral AI has called on authorities to investigate the likely prevalence of naked short selling, which is negatively impacting MDAI shares and many other companies that have undergone de-SPAC transactions.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:11 pm

LULU

Lululemon Athletica Inc. (NASDAQ:LULU) faces a class action lawsuit alleging misleading sustainability claims through its Be Planet marketing campaign. The lawsuit claims Lululemon's greenhouse gas emissions have increased despite its green promises, potentially deceiving consumers into paying a premium for perceived sustainable products.

Portfolio Pulse from Shivani Kumaresan

July 15, 2024 | 11:53 am

TSLA

Tesla CEO Elon Musk criticized climate activists who vandalized a Cybertruck on display in Hamburg, Germany. The activists, part of the Last Generation group, protested against the vehicle's high energy consumption. This incident is part of ongoing tensions between Tesla and environmentalists in Germany, who are concerned about the company's factory expansion in Brandenburg.

Portfolio Pulse from Anan Ashraf

July 15, 2024 | 11:30 am

VSTO

MNC Capital has stated it has no intention of increasing its $42 per share offer for Vista Outdoor, citing incomplete and inaccurate disclosures by Vista. MNC criticized Vista for not engaging with them for almost two months and making untrue statements about the offer.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:09 am

PYPL

PayPal Holdings Inc. (NASDAQ:PYPL) has been fined $27.3 million by the Polish antitrust and consumer protection watchdog, UOKiK, for using ambiguous contract clauses. The fine is part of a broader scrutiny PayPal is facing globally, including recent issues in Australia. Despite these challenges, analysts see potential for profitable growth under new leadership.

Portfolio Pulse from Benzinga Neuro

July 15, 2024 | 9:06 am

VRPX

Virpax Pharmaceuticals shares are trading higher after securing a $2.5 million loan from an institutional investor, which will be used to make the final payment of its litigation settlement.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 11:34 am