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Distressed-Debt Manager Invictus Loses Control of Flagship Fund After Battle With Top Investors

The European News Global The distressed-debt manager Invictus Global Management finds itself in the midst of a major upheaval, having lost control of its flagship fund following a fierce battle with its top investors. This development comes as a result of questionable investment strategies and alleged breaches of fiduciary duty that have shaken the foundations…
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Elon Vs Media Matters, Crypto Boost, Venmo Vs Apple, Jamie Dimon Praise Employees, CPI Property’s Bonds Plummeting and Others

The European News Global 1. Musk’s X Takes Legal Action Against Media Matters, Stirring Controversy: Recent reports reveal that Musk’s X has filed a lawsuit against liberal advocacy group Media Matters, demanding accountability for an erroneous report that implicated the company’s advertisements supposedly appearing alongside hate group content. This legal action comes soon after Musk…
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Elon Musk’s “Thermonuclear Lawsuit” Against Media Matters Falls Flat

The European News Global Over the weekend, Elon Musk made headlines with his threat of a “thermonuclear lawsuit” against Media Matters. The anticipation built up, but when the court opened, the lawsuit did not materialize as expected. Instead, an 18-page complaint emerged, and it fell far short of the promised “thermonuclear” impact. One possible reason…
