Legal Dispute

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X @BBC News (World)
BBC News (World)· 2025-07-09 05:16
Sculptor's legal bid against New Zealand artist https://t.co/0qFHfnLNm2 ...
Why Light & Wonder Stock Blasted 10% Higher Today
The Motley Fool· 2025-06-25 22:18
Core Viewpoint - Light & Wonder's stock experienced a significant increase of over 10% following a favorable court ruling in its legal dispute with Aristocrat Leisure, contrasting with the flat performance of the S&P 500 [1]. Legal Dispute - Light & Wonder is involved in a legal case with Aristocrat Leisure, which accuses it of copying elements from its casino slot game in the design of Light & Wonder's Dragon Train game [2]. - The Nevada court ruled in favor of Light & Wonder, stating that the company does not need to disclose its mathematical models related to the slot games in question, and requested Aristocrat to specify the trade secrets it is trying to protect [4]. Background of the Case - Aristocrat, based in Australia, initiated the lawsuit against Light & Wonder in 2024, claiming it would seek all appropriate remedies for the alleged harm caused by Light & Wonder's actions [5]. Market Reaction - Following the positive court ruling, investors showed confidence in Light & Wonder, leading to a notable rise in its stock price [1].
Apple Earnings: Better iPhone Sales And Profit Than Expected As It Steps Through Tariff ‘Minefields'
Forbes· 2025-05-01 20:36
ToplineApple took center stage Thursday when it reported earnings from the first three months of the year, providing an early glimpse into the impact of the U.S.-China trade war on its border-spanning business, though analysts largely suggest investors won’t leave with all their questions answered.Apple stock slumped early Thursday after receiving a legal blow.NurPhoto via Getty Images Key FactsApple generated $95.4 billion in revenue, compared to consensus analyst estimates of $94.4 billion, and $1.65 earn ...