Staff Writer
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A federal judge ruled on Tuesday that Gene Levoff, a former senior lawyer at Apple, must pay a $1.15 million fine in a Securities and Exchange Commission (SEC) civil case related to insider trading. U.S. District Judge William Martini in Newark, New Jersey, acknowledged that while Levoff “was not living excessively,” his violations were especially…
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The Supreme Court turned away appeals challenging a Democratic-backed ban in Illinois on assault-style rifles like AR-15s and sidestepped several other gun-related disputes on Tuesday. The court has already agreed to hear a significant case concerning homemade “ghost guns” in its next term. Illinois Assault Rifle Ban The justices declined to hear cases appealing a…
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The Supreme Court’s recent decision on presidential immunity has dismissed a key element of the federal criminal case involving former President Donald Trump’s efforts to overturn his 2020 election loss. This ruling could potentially exclude additional aspects of the case as well. Here’s a look at how Monday’s ruling might affect the evidence available to…
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The U.S. Justice Department will charge Boeing with fraud over two fatal crashes and demand that the planemaker plead guilty or face a trial, according to people familiar with the matter. Boeing must respond to a plea deal offer from the Justice Department by the end of the week. Accepting the deal would allow the…
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As several scholarship opportunities have come close to their deadline, it can be quite overwhelming for those who seek financial assistance. Although some have reached the end of their scholarship deadlines, there are plenty of other scholarship opportunities that are especially specific to LGBTQ+, BIPOC and first-generation students that are still available to apply for!…
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The Supreme Court’s ruling on presidential immunity leaves Judge Tanya Chutkan to decide how much of the federal criminal case involving Donald Trump’s efforts to overturn his defeat to Joe Biden in the 2020 election can continue. The 6-3 ruling on Monday, with the court’s conservatives in the majority, asserts that Trump has broad protection…
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U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, making it the latest foreign firm to scale back in Greater China, according to two sources. This decision comes amid a prolonged capital market downturn and growing Sino-U.S. tensions. Dechert employs more than 20 people in its Hong Kong office, including…
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A law firm known for representing cryptocurrency investors in litigation and one of its former founding partners ended a bitter legal battle involving allegations of stolen crypto tokens and bullying less than two weeks before the trial. In a joint stipulation filed in Manhattan federal court on Thursday afternoon, Freedman Normand Friedland LLP, formerly Roche…
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A federal judge in Texas on Friday temporarily blocked a Biden administration rule that would extend mandatory overtime pay to 4 million salaried U.S. workers. U.S. District Judge Sean Jordan in Sherman, Texas, stated that the U.S. Department of Labor rule, set to take effect on Monday, improperly bases eligibility for overtime pay on workers’…
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On Friday, the Texas Supreme Court dealt LGBTQ rights advocates a blow by refusing to block a Republican-backed state law that bans transgender minors from receiving gender-affirming medical care, such as puberty blockers and hormones. The court, in an 8-1 vote, rejected arguments by families with transgender children and doctors, who claimed the law was…
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