What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
October 2014: A federal judge granted the company’s motion to dismiss concluding that the complaint failed to state a claim upon which relief may be granted and to meet the heightened pleading standard for fraud-based claims.
November 2013: A class-action lawsuit was filed against Kia Motors (and amended in 2014) for allegedly falsely advertising its vehicles, including the Kia Soul Sport and the Kia Soul Exclaim. Among other things, the complaint alleges that the advertisements promote the safety and quality of vehicles when, according to the plaintiffs, the company knows that the vehicles have a defective gas tank and are dangerous. (Sims et al v. Kia Motors America, Inc. and Kia Motors Corporation, Case No. 13-cv-01791, C. D. CA.).
Prediction market faces legal challenges on multiple fronts.
Julie O’Connor, Nj Spotlight News
Sara Talpos, Med Shadow
Ingredient claims come into the limelight.
Beware of food images wrapped in deception.