SEOUL, May 17 (Korea Bizwire) — Having been fined in March for slowing user connections in 2016 and 2017, Facebook, the world’s largest social media website, has hit back by filing a lawsuit asking for “restrictions to be lifted on the order” on Sunday, according to sources familiar with the situation. The company has also [...]
SEOUL, May 2 (Korea Bizwire) — U.S. investor Elliott Associates said Wednesday that it is taking legal action against the South Korean government over its alleged unlawful intervention in the controversial merger of two Samsung units in 2015. Confirming news reports on the matter that cited judicial sources, Elliott said in a release that it [...]
SEOUL, Mar. 30 (Korea Bizwire) — A South Korean law firm representing more than 60,000 consumers filed a lawsuit against U.S. tech giant Apple Inc. and its local branch for intentionally slowing down older iPhones. Hannuri Law said it filed the suit at the Seoul Central District Court on behalf of 63,767 iPhone users. It [...]
SEOUL, Jan. 10 (Korea Bizwire) — A consumer activist group said Wednesday it will file for a compensation suit with a Seoul court this week against Apple Inc. and its local headquarters for a reward of 2.2 million won (US$2,056) per plaintiff. The Citizens United for Consumer Sovereignty (CUCS) is expected to file the suit [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korean chemicals maker Kumho Petrochemical Co. has filed a lawsuit against the U.S. government over the imposition of high anti-dumping duties on its synthetic rubber product, industry sources said Monday. In July, the U.S. Department of Commerce slapped anti-dumping duties of 44.3 percent on emulsion styrene butadiene rubber [...]
ONTARIO, Calif., Oct. 19 (Korea Bizwire) — Perfectus Aluminum Inc. has issued the following: On October 12, 2017 the Aluminum Extruders Council (AEC), an industry group representing largely American aluminum extruders, posted to its blog a false narrative regarding a suit to which Perfectus Aluminum Inc. is a related party. The government is not “seeking [...]
NORCROSS, Ga., Oct. 16 (Korea Bizwire) — Patients could face increased risk of pressure ulcers due to false and misleading advertising and promotional activity by Smith & Nephew, according to new allegations in a pending lawsuit filed by Mölnlycke, a world-leading medical solutions company. The suit asserts that Smith & Nephew’s claims about the ability [...]
SEOUL, Aug. 25 (Korea Bizwire) — Those who believe history to be an endless repeating cycle rather than a linear sequence of events may feel justified in their convictions as South Korea once again groans under the weight of a consumer goods scandal that has dominated the public consciousness in recent days. The general fear, [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korean electronics giants Samsung Electronics Co. and LG Electronics Inc. have been sued in the United States over alleged collusion concerning digital television broadcasting technology, industry sources said Thursday. Chinese home appliance maker Haier Group Co. recently filed a lawsuit with a federal court in New York, accusing [...]
SEOUL, Aug. 4 (Korea Bizwire) — A group of South Korean consumers will file a compensation lawsuit next week with a local court against three German automakers accused of lying about diesel emissions and collusion, a local lawyer said Friday. Six people who own Porsches, BMWs and Mercedes Benzes are expected to file their case [...]