Topic: lawsuit settlement
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Rivian Settles $250M Lawsuit to Focus on New R2 EV
Rivian has agreed to a $250 million settlement with investors over a lawsuit, denying any misleading statements but opting to settle to focus on launching its new affordable R2 electric vehicle next year. The lawsuit alleged that Rivian knew its production costs for the R1T and R1S models were mu...
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Cards Against Humanity Settles Lawsuit Against SpaceX Over Trespass
Cards Against Humanity settled its trespassing lawsuit against SpaceX over unauthorized use of land in Texas, which the game company had purchased to block a border wall and was adjacent to SpaceX's Starbase facility. The settlement terms are confidential, with backers receiving a special Elon Mu...
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Elon Musk Settles $128M Twitter Exec Lawsuit
Elon Musk has settled a $128 million lawsuit with four former Twitter executives, including ex-CEO Parag Agrawal, whom he fired after acquiring the company for $44 billion in 2022. The executives claimed Musk denied them severance as retaliation for holding him to his initial purchase commitment,...
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Nintendo Wins Damages from Genki Over 3D-Printed Switch 2
Nintendo has settled its legal dispute with Genki over unauthorized use of Switch 2 branding and a detailed mockup, requiring Genki to pay damages and cease using misleading product names. The conflict arose when Genki displayed a precise 3D-printed model of the unreleased Switch 2 and advertised...
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Tesla Settles Autopilot Wrongful Death Lawsuit
Tesla has confidentially settled a wrongful death lawsuit related to a 2019 crash involving its Autopilot system, which was being used at the time of the incident. The lawsuit alleged that Autopilot contained defects contributing to the fatal collision, while Tesla maintains drivers must remain a...
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