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Search resuls for: "Jonathan Stempel Nate Raymond"


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REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 14 (Reuters) - A federal judge on Tuesday rejected efforts by major social media companies to dismiss nationwide litigation accusing them of illegally enticing and then addicting millions of children to their platforms, damaging their mental health. The decision covers hundreds of lawsuits filed on behalf of individual children who allegedly suffered negative physical, mental and emotional health effects from social media use including anxiety, depression, and occasionally suicide. "Today’s decision is a significant victory for the families that have been harmed by the dangers of social media," the plaintiffs' lead lawyers - Lexi Hazam, Previn Warren and Chris Seeger - said in a joint statement. More than 140 school districts have filed similar lawsuits against the industry that are also before Gonzalez, and 42 states plus the District of Columbia last month sued Meta for youth addiction to its social media platforms. She cited as an example allegations that companies could have used age-verification tools to warn parents when their children were online.
Persons: Dado Ruvic, Yvonne Gonzalez Rogers, Lexi Hazam, Previn Warren, Chris Seeger, Gonzalez, Meta, Rogers, Jonathan Stempel, Nate Raymond, Chizu Nomiyama, Matthew Lewis, Alexia Garamfalvi, Aurora Ellis Organizations: REUTERS, of Columbia, U.S, Communications, Thomson Locations: Oakland , California, New York, Boston
The payout includes the approximately $8.4 billion of damages Burford sought plus about $7.6 billion of 8% prejudgment interest running from May 3, 2012, about 2-1/2 weeks after the seizure. Argentina, which is in dire financial straits including a scarcity of foreign exchange reserves, pledged an immediate appeal. Shareholders' $8.43 billion damages estimate was based on Argentina's seizure of the YPF shares on April 16, 2012, which they said transferred "control." But the judge found it "telling" that Argentine officials treated April 16 as the seizure date, which stripped Repsol of its power to run YPF and distribute capital. The judge also called 8% interest "appropriate and equitable," and "well within the range" imposed by Argentine courts.
Persons: Loretta Preska, Burford, Preska, Axel Kicillof, Gabriela Cerruti, Cerruti, Nate Raymond, Jonathan Stempel, Adam Jourdan, Rodrigo Campos, Mark Porter, Will Dunham, Richard Chang Organizations: YPF, U.S, District, Burford Capital, Petersen Energia Inversora, Eton Park Capital, Jefferies, Petersen, Eton Park, Argentina, International Monetary Fund, IMF, Argentine, Thomson Locations: Argentina, U.S, Manhattan, Burford, London, New York, Buenos Aires, Qatar, China, Boston
Members of law enforcement work at the scene of a weekend shooting at a Tops supermarket in Buffalo, New York, U.S. May 19, 2022. Also sued were three retailers--Mean Arms, Vintage Firearms and RMA Armament--that allegedly sold firearm equipment and body armor that Gendron used. Alphabet (GOOGL.O) and Google, which own YouTube, are also defendants, as are Gendron's parents. Through the defendants' alleged negligence, Gendron "gained the racist motivation, tools and knowledge necessary for him to commit the mass shooting," the complaint said. Reporting by Jonathan Stempel in New York and Nate Raymond in Boston; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Payton Gendron, Harris Stanfield, DennisJanee Brown, Rose Marie Wysocki, Gendron, Jonathan Stempel, Nate Raymond, Aurora Ellis Organizations: REUTERS, Blacks, YouTube, Firearms, Google, Gun Safety, Tops, Thomson Locations: Buffalo , New York, U.S, Buffalo, . New York, New York, Boston
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