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Latest News in Texas

  • April 28, 2026

    Canoo's Ex-Internal Audit Head Settles Insider Trading Claims

    Bankrupt electric vehicle startup Canoo's former senior director of internal audit and controls has agreed to pay roughly $125,900 to settle the U.S. Securities and Exchange Commission's insider trading allegations against him, according to a final judgment entered Tuesday in Texas federal court.

  • April 28, 2026

    Texas Panel Probes $557M Union Pacific Train Injury Verdict

    A Texas appeals panel Tuesday considered whether jurors were given the wrong liability standard before issuing a $557 million verdict against Union Pacific Railroad Co. over a woman who was hit by one of its trains, putting into question a roughly $73 million judgment.

  • April 28, 2026

    Smoke Shop Blames Vape Co. For Raids And Frozen $5M

    Two Texas smoke shop owners claim they suffered police raids, arrests and nearly $5 million of their business funds being frozen, all because one of their vape suppliers, Delta Munchies LLC, sold them products containing illicit levels of THC despite marketing them as legal hemp, according to a lawsuit filed in Texas state court.

  • April 28, 2026

    Exxon Misrepresentations Caused Stock Drop, Jury Hears

    Investors told a Texas jury that Exxon Mobil Corp. inflated the value of its stock by misrepresenting how much money its Kearl Lake operations were making, saying Tuesday that the oil giant hid the truth to snag a better interest rate in a bond offering.

  • April 28, 2026

    'Skill' Game-Maker Sues Seller In Alleged Counterfeit Scheme

    A North Carolina-based maker of "skill" gaming machines on Tuesday accused a Texas man of peddling on eBay counterfeit "hacked" versions of its flagship Fusion machines with pirated games, claiming its software was reverse-engineered in order to bypass its authentication system.

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