Legal Liability
Coverage of Legal Liability in the Nexus archive.
- Wall Street Rates L.A. County Highly Even as Settlement Costs and Funding Cuts Mount
Los Angeles County received top-tier credit ratings (triple-A from Fitch and Aa1 from Moody’s) despite facing nearly $5 billion in legal liability and reductions in federal and state funding. County officials stated the ratings will enable borrowing at lower interest rates, saving millions of dollars.
- How the landmark verdict against Meta and YouTube could hit their businesses
Meta and Alphabet (parent company of YouTube) faced stock price declines after a jury ruled them liable for platform design that harmed a young user. The verdict highlights legal risks for tech companies' platform operations.
- The Securing Open Source Software Act Is Good, but Whatever Happened to Legal Liability? - Lawfare
The article discusses the Securing Open Source Software Act, acknowledging its positive aspects while raising concerns about the absence of legal liability provisions. The piece critiques the legislation for failing to address accountability measures for open source software security issues.