Litigation/Liability Trends
TikTok, Transit Agencies Face Wrongful Death Suit Over New York Teenager’s Death
Chinese company ByteDance and its popular social media platform TikTok are facing a wrongful death suit in New York over the 2022 death of a teenager. The suit alleges that TikTok sent thousands of ...
Lawsuit Accuses Zuckerberg, Meta of Failing to Address Sex Trafficking, Child Exploitation
A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc. executives and directors of failing to do enough to stop sex trafficking and child sexual exploitation on Facebook and ...
Louisiana Supreme Court Reverses; No Coverage Owed for COVID Shutdown
The Louisiana Supreme Court has joined state high courts across the nation in rejecting a policyholder's business interruption claim for income lost because of government restrictions imposed to slow ...
Government’s SVB Intervention Saved Insurers From Significant D&O Claims
Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture capitalists — as well as ...
Zuckerberg Was Warned on Social Media Addiction, Filing Says
Employees at Meta Platforms Inc. and ByteDance Inc. were aware of the harmful effects of their platforms on young children and teenagers but disregarded the information or in some cases sought to ...
Silicon Valley Bank Parent SVB Financial Group Faces First Securities Class Action
Silicon Valley Bank (SVB) on Monday was hit with what appears to be the first federal securities class-action lawsuit against it, carrying allegations that the bank made false or misleading ...
Show Must Go On for Broadway Theaters’ COVID Loss Claim, Federal Judge Rules
A New York federal judge has refused to lower the curtain on a COVID-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance policy language is ambiguous as ...
New York City Agrees to $6M Settlement Over Police Response to George Floyd Protests
About 320 people arrested during a George Floyd protest in the Bronx on June 4, 2020, and who claim the police used excessive force and violated their civil rights, will each receive about $21,500 ...