Author: Steve Larson

FTX Faces Class Action Lawsuit for Failed Cryptocurrency

FTX is facing a class-action lawsuit by investors in this cryptocurrency exchange. FTX is seeking a bankruptcy and a liquidation of its assets. The lawsuit claims that FTX, along with other former CEO Sam Bankman-Friend and several celebrities, were responsible for the damage for promoting the exchange before its market collapse earlier this month.

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Peloton Facing Class Action Over On-Demand Programming

Peloton Interactive Inc. is facing a proposed class action lawsuit in New York over its library of on-demand programs. According to the lawsuit, Peloton advertised to its potential purchasers continued growth of its program options but in March 2019, Peloton removed an estimated 12,000 on-demand programs.

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Zoom Settle Class Action Lawsuit

Zoom settled a class action lawsuit for $85 million where users’ alleged that Zoom did not protect users’ personal information thereby allowing third parties to infiltrate a user meeting.

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