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Greensill Capital: The Collapse of a Company Built on Debt

LONDON — The courthouse should have already been closed for the day.At a hearing that began at 5 p.m. on March 1, lawyers for Greensill Capital desperately argued before a judge in Sydney, Australia, that the firm’s insurers should be ordered to extend policies set to expire at midnight. Greensill Capital needed the insurance to back $4.6 billion it was owed by businesses around the world, and without it 50,000 jobs would be in jeopardy, they said.The judge said no; the company had waited too long to bring the matter to court. A week later, Greensill Capital — valued at $3.5 billion less …

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Dominion Sues Fox News, Claiming Defamation in Election Coverage

Dominion, which was founded in 2002, is one of the largest manufacturers of voting machine equipment in the United States, and its machines were used by election authorities in at least 28 states last year, including several states carried by Mr. Trump.Allies of Mr. Trump falsely portrayed the company as biased toward Mr. Biden and argued, without evidence, that it was tied to Hugo Chávez, the long-dead Venezuelan dictator. John Poulos, Dominion’s founder, and other employees received harassing and threatening messages from people convinced that the company had undermined the election results.Fox News and Fox Business programs were …

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How The Death of Taylor Force in Israel Echoes Through the Fight Over Online Speech

WASHINGTON — Stuart Force says he found solace on Facebook after his son was stabbed to death in Israel by a member of the militant group Hamas in 2016. He turned to the site to read hundreds of messages offering condolences on his son’s page.But only a few months later, Mr. Force had decided that Facebook was partly to blame for the death, because the algorithms that power the social network helped spread Hamas’s content. He joined relatives of other terror victims in suing the company, arguing that its algorithms aided the crimes by regularly amplifying posts that encouraged …

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Student Loan Forgiveness Program Made Decisions in 12 Minutes, Documents Say

Former Education Secretary Betsy DeVos made no secret of her disdain for a program intended to forgive the federal student loans of borrowers who were ripped off by schools that defrauded their students. She called it a “free money” giveaway, let hundreds of thousands of claims languish for years and slashed the amount of relief granted to some successful applicants to $0.Then, after a class-action lawsuit made it impossible to stall any longer, her agency built what amounted to an assembly line of rejection.In Ms. DeVos’s final year in office, her agency denied nearly 130,000 claims — far surpassing the 9,000 …

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California Sues Nursing Home Chain, Saying It Manipulated Ratings System

California prosecutors sued the country’s largest chain of senior living communities on Monday, accusing the company, Brookdale Senior Living, of manipulating the federal government’s nursing-home ratings system.The lawsuit was filed by California’s attorney general, Xavier Becerra, and other prosecutors against Brookdale, which operates multiple nursing homes in the state.The lawsuit is among the first of its kind to accuse nursing homes of submitting false information to Medicare’s ratings program. The system assigns stars — one being the worst, five being the best — to the nation’s more than 15,000 nursing homes.The system is powered by …

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California Sues Nursing Home Chain, Accusing It of Manipulating Ratings System

The result, prosecutors said, was that Brookdale “has been awarded higher star ratings than it deserved.” They added, “The chain’s manipulation has allowed Brookdale to attract prospective patients and their families to its facilities by misleading them about its quality of care.”Prosecutors also accused Brookdale of illegally evicting or transferring residents so that the chain could “fill its beds with residents who will bring in more money.” In one instance highlighted in the suit, prosecutors said Brookdale discharged a 78-year-old resident who suffered from heart and kidney disease without removing his catheter.The lawsuit seeks civil penalties and …

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Smith & Wesson Fights a Case in New Jersey. Gun Control Could Be the Winner.

She places her gun in a red leather handbag and gets into her car. The gun, in her bag, sits in the front seat of the vehicle as she drives to work. She then brings the gun, still in the bag, to a meeting with colleagues at the office. She then takes the gun, in her bag, to lunch, where she sits at an outdoor cafe. After that, she goes to the gym — and the gun comes with her. Finally, she goes to a shooting range, where she takes the gun out and fires it at a target. “Nice pistol,” …

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Big Tech’s Next Big Problem Could Come From People Like ‘Mr. Sweepy’

The private suits follow the government ones for a simple reason: Regulators have distinct advantages when it comes to obtaining evidence. Federal and state investigators can collect internal documents and interview executives before filing a suit. As a result, their complaints are filled with insider knowledge about the companies. Private individuals can seek that kind of evidence only after they file lawsuits.If the government cases succeed against Google or Facebook at trial, the win is likely to bolster the case for private lawsuits, experts said. Lawyers could point to those victories as evidence the company broke the law and …

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Lawsuits Take the Lead in Fight Against Disinformation

In one example cited in the 276-page complaint filed by Smartmatic, Mr. Dobbs’s program broadcast a false claim by Ms. Powell that Hugo Chávez, the former president of Venezuela, had been involved in creating the company’s technology and installed software so that votes could be switched undetected. (Mr. Chávez, who died in 2013, did not have anything to do with Smartmatic.)Smartmatic also cited an episode of “Lou Dobbs Tonight” in which Mr. Giuliani falsely described the election as “stolen” and claimed that hundreds of thousands of “unlawful ballots” had been found. Mr. Dobbs described the election as the …

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Smartmatic Files $2.7 Billion Lawsuit Against Fox News

In its frontal attack on Mr. Murdoch’s company, Smartmatic argues that Fox cast it as a villain in a fictitious narrative meant to help win back viewers from Newsmax and OANN. Those two networks saw ratings surges in the weeks after the election, thanks to their embrace of the fiction that Mr. Biden was not the rightful victor. The Smartmatic suit also argues that Mr. Giuliani and Ms. Powell sought to enrich themselves and improve their standing with Mr. Trump’s supporters by making claims that were damaging to the company.After Smartmatic sent a letter to Fox requesting …

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