Staff Writer
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Tesla argued in court papers on Friday that the legal team voiding Elon Musk’s record Tesla pay package deserves only a tiny fraction of the $5.6 billion legal fee they requested, claiming their lawsuit provided almost no benefit to the company. Tesla (TSLA.O) stated that the legal team for Richard Tornetta, the shareholder whose lawsuit…
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A law firm, which previously admitted to unknowingly submitting fake claims in a $5.6 billion settlement with Visa and MasterCard, informed a U.S. judge on Thursday that other parties also submitted fraudulent material in the case. New York-founded Milberg Coleman Bryson Phillips Grossman, responding to a request for more information from the Brooklyn judge overseeing…
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Supreme Court justices reported receiving gifts, including a stay in a Bali hotel and tickets to a Beyoncé concert, as well as nearly $1.6 million in book advances and royalties. They released their annual financial disclosure forms for 2023 on Friday. Conservative Justice Clarence Thomas, facing criticism for not disclosing gifts from businessman and Republican…
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A financial industry trade association has sued the U.S. Securities and Exchange Commission (SEC) for information about the agency’s multibillion-dollar crackdown on how banks and other firms handle work-related communication on personal devices. The American Securities Association filed the lawsuit in Tampa federal court on Thursday, claiming that the SEC improperly rejected its request under…
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On Thursday, Google (GOOGL.O) persuaded a federal judge in San Francisco to dismiss a proposed class action over its alleged misuse of personal and copyrighted data to train artificial-intelligence systems, including its chatbot Bard. U.S. District Judge Araceli Martinez-Olguin dismissed the case, citing concerns raised by another California judge in a related lawsuit against OpenAI…
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Hunter Biden’s sister-in-law testified on Thursday that she found his gun and threw it away out of fear of his spiraling addiction. This testimony could bolster prosecutors’ case that President Joe Biden’s son broke a law barring illegal drug users from owning firearms. Jurors in the first criminal trial of a U.S. president’s child watched…
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A government watchdog group, Citizens for Responsibility and Ethics in Washington (CREW), on Wednesday urged the judiciary to rein in the recurring practice of conservative judges boycotting the hiring of law clerks from specific schools over protests and disruptions on their campuses. CREW, in a letter, urged the U.S. Judicial Conference to address the matter…
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Hunter Biden’s former girlfriend testified about his near-constant crack cocaine use at lavish hotels during the criminal trial where prosecutors aim to prove that U.S. President Joe Biden’s son lied about his addiction to illegally buy a gun. Jurors heard that Hunter Biden prepared crack at the ritzy Chateau Marmont in Los Angeles or spent…
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A Georgia appeals court paused the criminal case accusing Donald Trump of seeking to subvert the 2020 election. The court will consider Trump’s bid to disqualify lead prosecutor Fani Willis, according to a court order on Wednesday. This order stops the case against Trump and 14 co-defendants from moving toward trial while Trump appeals a…
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On Tuesday, Donald Trump asked the judge who oversaw his criminal trial on charges related to hush money paid to a porn star to lift a gag order on the case. The former U.S. president was convicted last week. Before the trial began in April, Justice Juan Merchan restricted Trump’s public statements about jurors, witnesses,…
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