Tag: Lawsuit

Energy PolicyInternational Business and Trade

U.S. Chamber of Commerce Challenges Trump Administration’s $100,000 H-1B Visa Fee in Lawsuit

The U.S. Chamber of Commerce is suing the Trump administration over a proposed $100,000 annual fee for H-1B visas. The lawsuit claims the fee violates immigration law and would severely impact startups and small businesses that rely on skilled foreign workers.

Lawsuit Challenges Visa Fee Increase

The U.S. Chamber of Commerce has filed a lawsuit against the Trump administration over a proposed $100,000 annual fee for H-1B visas, according to reports. The legal challenge, filed last Thursday, claims the dramatic fee increase would override existing immigration law and make the program cost-prohibitive for many American businesses.

by Nathan Cole
Automotive IndustryBusiness

Nio Shares Drop 12% Following GIC Lawsuit Alleging Revenue Inflation

Shares of Chinese electric vehicle maker Nio plummeted over 12% following legal action by Singapore’s sovereign wealth fund. The lawsuit alleges securities law violations and revenue inflation practices at the automaker.

Market Reaction to Legal Allegations

Hong Kong-listed shares of Nio Inc. reportedly plunged more than 12% in trading today after Singapore’s sovereign wealth fund GIC filed a lawsuit accusing the Chinese electric vehicle manufacturer of securities law violations. According to reports, the legal action specifically alleges that the company inflated its revenues, causing significant investor concern and the subsequent stock decline.

by Elisa Romero
BusinessCybersecurity

AT&T Data Breach Settlement: $177 Million Payout – Eligibility and Claim Filing Guide

AT&T has agreed to a $177 million settlement for two major data breaches affecting millions of customers. Eligible individuals can file claims for compensation through the telecomdatasettlement.com portal before the November 18, 2025 deadline. This guide covers eligibility requirements and the claims process.

AT&T is paying $177 million to settle class action lawsuits stemming from two massive data breaches that exposed the personal information of millions of current and former customers. The telecommunications giant faces legal consequences for the 2019 breach affecting 73 million people and the 2024 breach impacting approximately 109 million customers through a Snowflake data warehouse attack. With the claims process now open, eligible individuals have until November 18, 2025, to file for compensation.

Understanding the AT&T Data Breaches

by Elisa Romero