Legal News
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Carl Icahn’s investment company, Icahn Enterprises (IEP.O), won the dismissal of a lawsuit that accused it of artificially inflating its share price by issuing unsustainably high dividends to help Icahn secure large personal loans. On Friday, U.S. District Judge K. Michael Moore in Miami ruled that shareholders in the proposed class action failed to prove…
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A $500,500 sports betting win has sparked a legal controversy after Harrah’s Cherokee Casino Resort allegedly refused to pay the bettor his winnings. The dispute, now going viral due to a video posted by the man involved, centers around accusations that the bet violated the casino’s terms and conditions. The Incident The aggrieved bettor, whose…
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In a significant ruling on Thursday, the South Central District Court of North Dakota declared the state’s Amended Abortion Ban unconstitutional, affirming a woman’s right to pre-viability abortion under the state’s constitutional protections of life, liberty, and the pursuit of happiness. The decision, handed down by Judge Bruce A. Romanick, effectively nullifies one of the…
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Sam Bankman-Fried’s lawyer argued in their appeal on Friday that the jury convicted him without seeing the full picture because the judge blocked crucial evidence. The lawyer claimed that the jury missed important information, which could have helped support Bankman-Fried’s belief that FTX had sufficient funds to cover customer withdrawals. In a 102-page brief to…
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On Thursday, Judge Scott McAfee of Fulton County, Georgia, dismissed three charges in the state’s election interference case against former President Donald Trump and his co-defendants. Judge McAfee ruled that Counts 14, 15, and 27 of the indictment must be dropped due to a conflict with federal law, specifically referencing an 1890 US Supreme Court…
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Federal judges should prevent their law clerks from seeking employment with political organizations while they remain part of the court system to protect the judiciary’s independence, according to new ethical guidance. The U.S. Judicial Conference’s Committee on Codes of Conduct issued the guidance on Thursday, offering an election-year update to an advisory opinion on permissible…
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A Tennessee judge has denied a motion to remove Wanda Halbert from her position as Shelby County Clerk, following a court ruling on Friday. The decision came amidst allegations that Halbert had engaged in “willful neglect to perform her duties.” The case centered on whether Halbert and her legal team had responded within the required…
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A University of California, Los Angeles neuroscience professor, Lucina Uddin, has sued six major academic journal publishers, alleging they violated antitrust laws by prohibiting simultaneous submissions to multiple journals and refusing to compensate scholars for peer review services. Uddin filed the proposed class-action lawsuit in Brooklyn federal court on Thursday against Elsevier, John Wiley &…
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The United States has imposed new sanctions against the Russian state-controlled media organization RT, citing its alleged involvement in global covert influence operations, cyber activities, and election interference. According to a statement released by the U.S. State Department on Friday, RT’s operations extend beyond journalism and into cyber capabilities aimed at destabilizing democratic institutions worldwide.…
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Brazil’s Supreme Court Justice Alexandre de Moraes lifted freezes on Starlink and X bank accounts after transferring 18.35 million reais ($3.3 million) from those accounts to the national treasury. The court issued this lift after determining that the transferred amount satisfied the fines X owed to Brazil, resulting from a dispute between Elon Musk and…
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