A group of healthcare providers and others filed a lawsuit against Louisiana on Thursday to block a law that classifies mifepristone and misoprostol—drugs used for medication abortion—as controlled substances. The law, signed by Governor Jeff Landry in May, designates these drugs as Schedule IV substances, which the government tightly regulates due to their potential for…
Rulemaking at the U.S. Securities and Exchange Commission (SEC) has slowed significantly after a rapid start under President Joe Biden. The agency now faces a challenging legal landscape marked by adverse court decisions that restrict its oversight of the $27 trillion private funds industry, criticize its economic rationale for new share buyback disclosures, and limit…
Elon Musk must attend a Thursday hearing related to a prosecutor’s lawsuit aiming to block his $1 million-a-day giveaway to registered swing state voters ahead of the U.S. election on November 5. The hearing, presided over by Judge Angelo Foglietta, addresses Philadelphia District Attorney Larry Krasner’s effort to halt the giveaway just days before the…
GenBioPro, which sells a generic version of the abortion pill mifepristone, urged a federal appeals court on Tuesday to rule that West Virginia’s near-total abortion ban does not apply to the use of the pill in accordance with U.S. Food and Drug Administration (FDA) guidelines. David Frederick, a lawyer for GenBioPro, addressed a three-judge panel…
Former cryptocurrency executive Nishad Singh is set to receive his sentence on Wednesday for his involvement in the theft of about $8 billion in customer funds from the now-bankrupt FTX exchange, a scheme orchestrated by his imprisoned former boss, Sam Bankman-Fried. Singh pleaded guilty to six felony counts of fraud and conspiracy. Last year, he…
On Monday, Republicans petitioned the Supreme Court to block a Pennsylvania judicial decision that mandates counting provisional ballots cast by voters who made errors on their mail-in ballots. This ruling could influence thousands of votes in the upcoming November 5 presidential election. The Republican National Committee and the Republican Party of Pennsylvania requested the justices…
CrowdStrike, a cybersecurity firm, filed a lawsuit against Delta Air Lines in U.S. District Court in Georgia on Monday. The lawsuit follows a faulty software update that caused a global outage in July. On July 19, the incident resulted in widespread flight cancellations and affected various industries, including banking, healthcare, media, and hospitality. CrowdStrike aims…
Mike Jeffries, the former longtime CEO of Abercrombie & Fitch, pleaded not guilty on Friday to charges of running an international sex trafficking scheme while leading the clothing retailer. Jeffries, 80, who headed Abercrombie from 1992 to 2014, entered his plea to one count of sex trafficking and 15 counts of prostitution before U.S. Magistrate…
A U.S. federal judge on Friday blocked Virginia from removing individuals it claimed had not proven their citizenship from its voter rolls. The judge stated that this action violated a federal prohibition on purging large numbers of voters within the final 90 days before an election. U.S. District Judge Patricia Tolliver Giles ordered the state…
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