Legal News

  • PwC and EY Fined $12.6 Million Over Audit Failures in London Capital & Finance Collapse

    PricewaterhouseCoopers (PwC) and Ernst & Young (EY), two of the largest accounting firms globally, have been fined a total of £9.3 million (or $12.648 million) for failing in their duties while auditing the accounts of London Capital & Finance (LC&F), a collapsed mini-bond firm. The Financial Reporting Council (FRC) investigated the auditing failures over almost…

  • Trump’s Lawyers Attack Stormy Daniels’ Credibility in Ongoing Hush Money Trial

    In a dramatic turn of events, Stormy Daniels is set to return to the witness stand in Donald Trump’s hush money trial as the defense launches a full-scale attack on her credibility. The porn actor’s testimony about an alleged sexual encounter with the former president and the subsequent payment she received to remain silent is…

  • Trump Secures Another Win In Bids To Slow Criminal Prosecutions

    On Wednesday, Donald Trump secured another victory in his campaign to slow down the criminal cases against him, as a Georgia appeals court agreed to hear his bid to disqualify the district attorney prosecuting him for attempting to overturn his election loss in the state. This ruling extends the legal battle regarding a past romance…

  • Russian National Charged as Alleged Creator and Administrator of LockBit Ransomware Group

    The U.S. Justice Department unveiled charges against a Russian individual accused of spearheading the LockBit ransomware group since its inception in September 2019. This individual, identified as Dimitry Yuryevich Khoroshev, is alleged to have orchestrated a scheme that propelled LockBit to notoriety, making it one of the world’s most prolific ransomware organizations. Attorney General Merrick…

  • Shooting Outside Drake’s Mansion Leaves Security Guard Wounded, Police Investigate

    Police are currently investigating a shooting incident that occurred outside the mansion of rapper Drake in Toronto, resulting in serious injuries to a security guard. The incident took place at approximately 2 a.m. on Tuesday in the upscale Bridle Path neighborhood. While authorities have not confirmed Drake’s presence at the time of the shooting, they…

  • Former Las Vegas Casino Executive Faces Sentencing In Bookmaking Money Laundering Case

    A former high-ranking executive from major Las Vegas casinos is scheduled to appear before a federal judge on Wednesday following his admission of allowing an illegal bookmaker to gamble millions of dollars at the MGM Grand and settle debts using cash. Scott Sibella pleaded guilty in January to violating federal anti-money laundering regulations, which mandate…

  • Florida Sues Biden Administration Over New Transgender Healthcare Rule

    On Tuesday, Florida Attorney General Ashley Moody and the Catholic Medical Association (CMA) filed a lawsuit against the Biden administration. They aim to block a rule they claim will compel doctors to provide gender transition care against their judgment or face heavy penalties. The lawsuit was lodged in federal court in Tampa and targets a…

  • Harvey Weinstein to Face Retrial in New York After Rape Conviction Overturned

    Harvey Weinstein, the disgraced former Hollywood mogul, is set to face a retrial in New York after his 2020 rape conviction was overturned by the state’s highest court. The Manhattan District Attorney’s Office confirmed the decision during a court hearing on Wednesday, May 1, 2024. Weinstein, 72, appeared in court before Judge Curtis Farber, marking…

  • TikTok, ByteDance Sue To Block US Law Seeking Sale Or Ban Of App

    TikTok and its Chinese parent company ByteDance filed a lawsuit in U.S. federal court on Tuesday, aiming to block a law signed by President Joe Biden that would compel the divestiture of the short video app used by 170 million Americans or prohibit its operation. The companies lodged their lawsuit in the U.S. Court of…

  • Stormy Daniels Offers Unflattering Testimony In Trump Hush Money Trial

    Porn star Stormy Daniels testified at Donald Trump’s criminal trial on Tuesday, describing her 2006 encounter with him in unflattering terms. She stated that she tried not to think about the sex while it took place and feared it would become public. Daniels, 45, provided riveting details on the witness stand about her encounter with…