Legal News
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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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Five individuals were arrested in Los Angeles for their alleged involvement in defrauding Medicare of over $15 million through sham hospice companies and subsequent money laundering activities. The defendants, identified as Petros Fichidzhyan, Juan Carlos Esparza, Karpis Srapyan, Susanna Harutyunyan, and Mihran Panosyan, are accused of operating sham hospice companies purportedly owned by foreign nationals,…
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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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A judge has issued a temporary restraining order (TRO) against professional boxer Deontay Wilder, following allegations of physical and mental abuse by his fiancée, Telli Swift. The TRO, granted on Monday, mandates that Wilder maintain a distance of at least 100 yards from both Swift and their six-year-old daughter until a scheduled court hearing on…
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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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Celebrity singer-songwriter Jaguar Wright, known for her recent controversial claims about various celebrities, has found herself in legal trouble. Reports indicate that she has been taken into custody and booked in Dallas on charges of theft of property between $30,000 and $150,000, classified as a third-degree felony in Texas. While details surrounding the arrest remain…
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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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In a recent development, the FBI initiated a search at the premises of an Atlanta-based apartment management company following suspicions of antitrust violations within the apartment rental market. The investigation, centered on potential price fixing in the apartment rental sector, prompted FBI agents to execute a search warrant at the offices of Cortland Management, a…
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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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