Jonathan Stempel
Toyota cheated on forklift engine emissions, lawsuit in US claims
Toyota faces a U.S. class action lawsuit accusing the automaker of emissions cheating in nine engines for its forklift trucks.
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
The judge ordered Nikola founder Trevor Milton, convicted of fraud, to pay $167.7M for misleading statements about the company.
GM must face big class action over faulty transmissions
A federal appeals court has ordered GM to face a class action lawsuit over claims that it knowingly sold vehicles with faulty transmissions...
Texas is sued over anti-ESG law
A nonprofit sued Texas to block a law that penalizes businesses supporting reduced fossil fuel use, claiming it violates free speech.
Self-driving truck company TuSimple settles fraud lawsuit for $189 million
TuSimple settles for $189M over allegations of misleading shareholders about safety and insider control of a Chinese rival.
Tesla can challenge Louisiana direct sales ban: US court
A federal appeals court revived Tesla's lawsuit against Louisiana's ban on direct vehicle sales, reversing parts of the lower court's dismissal.
Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
Goldman Sachs and BASF agree to pay $20m to settle antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices
Stellantis shareholders sue automaker in US after disappointing earnings
Stellantis faces a lawsuit from shareholders alleging it concealed inventory issues, causing its stock to plummet after weak earnings.
Buffett’s PacifiCorp suspected of collusion by wildfire victims’ law firms
Class-action firms accuse PacifiCorp of colluding with other law firms to secure low settlements for 2020 Oregon wildfire victims.
Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds
The bonds had been issued under President Maduro, but opponents said the National Assembly never approved using Citgo as collateral.
