Investors Sue Thirteen Lune Founder for Alleged Fraud and Embezzlement Investing in a promising business can be a lucrative opportunity, but it comes with its risks. The recent lawsuit filed in California against the founder of Thirteen Lune, a notable beauty retailer, sheds light on the darker side of entrepreneurship. Two investors have taken legal […]
Shareholders’ lawsuit against Amazon rejected with prejudice
Shareholders’ Lawsuit Against Amazon Rejected with Prejudice In a recent legal battle, a shareholders’ lawsuit against tech giant Amazon has been dismissed with prejudice. The lawsuit, which encompassed Amazon shareholders between 2019 and 2022, alleged that the company had misrepresented its operations, leading to financial losses for investors. However, the court’s decision to reject the […]
Apparel Retailer Guess Gets Take-Private Offer From WHP Global
Guess Receives Take-Private Offer From WHP Global: What This Means for the Apparel Retailer Guess, the renowned apparel retailer, recently found itself in the spotlight as it received a take-private offer from WHP Global. The news sent shockwaves through the industry, with Guess shares surging over 30 percent in early trading on Monday. This unexpected […]
IBM triumphs in UK Court over trade secrets
IBM Triumphs in UK Court Over Trade Secrets In a recent legal battle in the UK, technology giant IBM emerged victorious in a case against LzLabs for breaching trade secrets. The court ruling determined that LzLabs had violated its agreement with IBM by engaging in the unauthorized reverse-engineering of its software. The verdict marks a […]
What’s Behind the 2025 M&A Wave
The Rise of Mergers and Acquisitions in 2025: A Closer Look at True Religion, Kapital, and Christian Lacroix In recent times, the business world has witnessed a flurry of mergers and acquisitions, with notable brands such as True Religion, Kapital, and Christian Lacroix changing ownership. These shifts in the market landscape have sparked discussions and […]