SoLo Funds, a Los Angeles-based fintech startup, is facing a class action lawsuit filed on October 16, accusing the company of “unlawful and deceptive” lending practices. As first reported by Bloomberg, the lawsuit alleges that SoLo misled users by disguising hidden fees as “tips” to lenders and “donations” to the company. While these fees are technically optional, the suit claims they are difficult to avoid, making loans more expensive than advertised. Deceptive Lending Practices Alleged in Lawsuit SoLo Funds allows users to request small loans, up to $575, which are
A Black senior legal counsel at Workday, Anthony Hill, has filed a lawsuit against the tech company, claiming racial and disability discrimination after it sent police to his home for a “wellness check” during his medical leave. According to Business Insider, Hill, who was receiving treatment at a hospital at the time, felt the event was a distressing and unnecessary escalation. The lawsuit, filed in December 2023 in California’s Northern District Court, follows Hill’s claim that he informed his manager of a medical emergency on October 12, 2022. He provided
Shaquille O’Neal, the basketball star turned business mogul, is at the center of a class-action lawsuit linked to the Astrals NFT project. The case, which has captured public and legal attention, has recently moved forward following a ruling from the US District Court for the Southern District of Florida. The court’s decision granted partial progress for the plaintiffs, while dismissing other claims. Lawsuit Moves Forward with Mixed Results The core of the lawsuit revolves around O’Neal’s promotion of Astrals, a project featuring 10,000 3D NFT avatars and a decentralized autonomous
A Texas nonprofit grant program aimed at supporting diverse small business owners, has agreed to revise its application process after being sued for allegedly discriminating against white men. The lawsuit was brought by the American Alliance for Equal Rights (AAER), a group led by conservative activist Edward Blum, who is also suing Fearless Fund, a Black women-led VC firm. Lawsuit Challenges Race-Based Criteria The lawsuit centered around a $50,000 grant offered by the Founders First Community Development Corporation, a nonprofit founded by Kim Folsom and led by Shaylon Scott. The
Algerian Olympic boxing champion Imane Khelif has filed a legal complaint, which names J K Rowling, Elon Musk and others, for aggravated cyber harassment. In a statement, Khelif’s attorney described the harassment as a “misogynist, racist and sexist campaign” against the boxer during the 2024 Paris Olympics. Rowling and Musk Accused of Cyberbullying The lawsuit filed against X was submitted to the Paris public prosecutor’s office for combatting online hate speech. The complaint focuses on derogatory comments made by the high-profile figures on social media, particularly surrounding Khelif’s gender eligibility.Â
Former CNN journalist Don Lemon has filed a lawsuit against Elon Musk and X (formerly known as Twitter), accusing them of fraud, negligent misrepresentation, and breach of contract. The lawsuit, filed on August 1 in the Superior Court of California for the County of San Francisco, follows the abrupt cancellation of a content partnership deal between Lemon and X. Allegations of Fraud and Breach of Contract According to the lawsuit, Musk and X agreed to a content partnership with Lemon in January 2024, where Lemon was to host an exclusive
The World Economic Forum (WEF) and its founder, Klaus Schwab, are facing a lawsuit from a Black employee in New York over allegations of racial and pregnancy discrimination. Topaz Smith, a policy expert, claims that upon her return from maternity leave, she was informed her position was being eliminated and was replaced by a non-pregnant white woman, according to Bloomberg. Allegations of Systemic Discrimination Smith’s lawsuit accuses the WEF of systematically discriminating against Black employees, citing instances where Black staff were kept away from attending the annual Davos conference. Instead
Fearless Fund’s co-founder, Ayana Parsons, has stepped down from her role as chief operating officer after five years against the venture capital firm. Parson stated that her resignation is unrelated to the ongoing lawsuit from Edward Blum’s conservative group. Fearless Fund Co-Founder Steps Down Parson, who co-founded the organization with Arian Simone and Keisha Knight Pulliam in 2019, served as the fund’s chief operating officer for nearly five years. In an official press release, Parson, who is also the co-founder of Yardstick, announced that she would be stepping down to
Wells Fargo & Co. is bracing for a crucial decision on whether a lawsuit concerning its mortgage denials to non-white applicants during the pandemic will attain class-action status, according to Bloomberg. This lawsuit, consolidating several claims, could become a high-profile and costly case for the bank. Key Allegations And The Class Action Motion The plaintiffs allege that Wells Fargo’s credit-scoring algorithm unfairly impacted minority applicants. They argue that all non-white applicants who applied for refinancing, home purchases, or home equity lines of credit from 2018 to 2022 were denied despite
Black British anti-knife crime activist Shaun Thompson, 38, has launched a legal challenge against the Metropolitan Police. The police detained the 38-year-old after live facial recognition technology wrongly identified him as a suspect. ‘Stop and search on steroids’ Thompson, who volunteers with the Street Fathers youth outreach group, described the system as ‘stop and search on steroids’ following his 20-minute detention at London Bridge station earlier this year. Returning from a volunteer shift in south London, Thompson was wrongly flagged as a suspect on the Met’s facial recognition database, leading
