Topic: Class Action Lawsuit

2 chapters across the catalog

CAPS
Episode 1224 1:06:27 - 1:08:40

1224: CAPS

Robinhood App Outages, Millennial Trading Losses

The trading app Robinhood experiences multiple major outages during historic market volatility, preventing users from executing trades. The company faces a class action lawsuit for negligence as millennial traders were stuck in positions they could not exit during a thousand-point Dow drop.

Missile by Nike
Episode 995 7:07 - 11:58

995: Missile by Nike

Apple Battery Slowdown Apology and Class Action Lawsuits

Apple issued a formal apology for slowing down older iPhone models to prevent unexpected shutdowns caused by aging batteries. The company announced a discount on battery replacements, dropping the price from $79 to $29 for affected users. Legal experts anticipate class action lawsuits that could force Apple into the discovery phase, potentially revealing internal memos regarding planned obsolescence.