Legal

Under Armour shareholders can sue over sales disclosures

Under Armour Inc shareholders may pursue a lawsuit accusing the sports apparel company of concealing how it pulled sales forward from future quarters to meet Wall Street revenue forecasts, the subject of a recent regulatory settlement, a federal judge ruled on Tuesday.

Pipeline battle: Enbridge defies Michigan closure orders

The more than six-decade-old Line 5 pipeline transports up to 23 million gallons of oil and natural gas liquids per day from Superior, Wisconsin to Sarnia, Ontario, taking a shortcut through Michigan and along the lake bottom of the Straits of Mackinac.

Apple's app store chief fends off attacks in antitrust trial

Apple’s top app store executive on Thursday faced an avalanche of documents unleashed Thursday by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers as part of a scheme hatched by Apple's late co-founder Steve Jobs.

Under Armour paying $9M for SEC probe resolution

Under Armour Inc. agreed to pay $9 million to settle regulatory claims that it failed to disclose that it was pulling forward orders from future quarters, a practice that allowed it to meet Wall Street's revenue estimates.

Apple's app store goes on trial in threat to 'walled garden'

Apple faces one of its most serious legal threats in recent years: A trial that threatens to upend its iron control over its app store, which brings in billions of dollars each year while feeding more than 1.6 billion iPhones, iPads, and other devices.

3M loses first trial over military earplugs

3M Co. lost the first lawsuit to go to trial over the safety of earplugs it sold for years to the military, with a federal jury Friday awarding $7.1 million to three veterans and finding the company failed to warn about defects in the product.

Fortnite's mastermind goes to battle with Apple

The billionaire behind one of the most successful videogames of all time came to view Apple Inc. as an existential threat to his dream of the future. So Tim Sweeney decided to fight. He gave his dispute with the world's biggest company a code name: Project Liberty.

Peloton sued over Tread+ child safety

A woman is suing Peloton claiming its treadmill product is dangerous for children and pets after a consumer watchdog agency urged Americans to stop using its $4,295 Tread+

Texas wind farms sue Citigroup over charges from winter storm

A Canadian renewable energy firm on Wednesday sued Citigroup Inc (NYSE:C) for rejecting force majeure declarations during a February winter storm and billing it over $100 million for replacement power, according to lawsuits filed in a Texas state court.