May 9, 2025

lawsuit

Finance

Cherfilus-McCormick still silent on $5.8M overpayment and campaign finance investigation

WEST PALM BEACH, Fla. (CBS12) — CBS12 News has spent months trying toget answers from Congresswoman Sheila Cherfilus-McCormick regarding a $5.8 million overpayment her company, Trinity Health Care Services, received from the State of Florida. According to the state, it mistakenly overpaid Trinity while Cherfilus-McCormick was the CEO. Now, the state wants that money back

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Investors

Live Nation to Pay $20M to Settle Investor Lawsuit Over Antitrust Risk

Live Nation has agreed to pay $20 million to settle a lawsuit claiming the company failed to warn investors about the kind of anticompetitive behavior that ultimately led to the Justice Department’s sweeping antitrust case. In a filing Friday (March 21) in California federal court, attorneys for the plaintiffs said the deal with Live Nation

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Crypto

XRP Price Spikes Over 13% As SEC Drops Crypto Case Against Ripple

Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs

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