Ray-Ban

Ray-Ban maker accused in lawsuit of inflating prices 1,000%

THE French-Italian owner of the Ray-Ban and Oakley eyewear brands was sued for allegedly scheming with competitors to inflate prices by as much as 1,000 per cent.

Ray-Ban has said that it was unable to recover US$100 million of the transfers, which were made in the fourth quarter of 2019.

JPMorgan must face lawsuit by Ray-Ban maker over US$272m cybertheft

JPMorgan Chase was ordered by a New York judge to face a lawsuit by the French maker of Ray-Ban sunglasses, which said cybercriminals withdrew US$272 million from its New York account after the bank i...