January 30, 2024
A Washington federal judge agreed Tuesday to throw out Amazon investors' suit claiming company leaders hid purported violations of privacy and antitrust law, though he said they could amend their complaint to address his concerns.
November 13, 2023
Amazon investors urged a Washington federal judge on Monday not to toss their suit accusing company leaders of concealing alleged violations of privacy and antitrust law, claiming board members were pressured to breach their fiduciary duty to stockholders because their outside work was too dependent on founder Jeff Bezos' support.
September 14, 2022
Herman Jones LLP and Johnson Fistel LLP will represent Amazon.com investors who are suing its current and former officers and directors over the company's alleged failure to comply with Illinois' biometric privacy law. Correction: An earlier version of this story incorrectly identified a law firm as representing the plaintiffs. The error has been corrected.
July 08, 2022
Amazon.com Inc. and a pair of aggrieved stockholders have asked a Washington federal judge to consolidate two related shareholder derivative lawsuits accusing current and former Amazon officers and directors of putting the company at risk by misleading shareholders and mishandling biometric data under an Illinois privacy law.
April 26, 2022
Amazon's top brass has misled investors as to the e-commerce giant's compliance with the Illinois Biometric Information Privacy Act as well as the substantial litigation risks associated with its lackluster compliance, according to a stockholder derivative suit filed Tuesday in Washington federal court.