Civil Fraud
-
New York Attorney General Letitia James delivered a forceful defense against former President Donald Trump’s appeal of a $454 million civil fraud judgment, arguing that the penalties are fully justified given the “overwhelming evidence” of fraudulent practices by Trump and the Trump Organization. The legal battle, stemming from a lawsuit filed by James in 2022,…
-
A jury in Manhattan has found Singapore-based Terraform Labs and its founder, Do Kwon, liable on civil fraud charges brought forth by the U.S. Securities and Exchange Commission (SEC). The verdict, delivered in federal court following a two-week trial, concluded that Terraform and Kwon misled investors before the collapse of their stablecoin in 2022, which…
Categories
About Us
Follow Us
Never miss a story
Get the latest news straight to your inbox.
Copyright 2024 American Law Reporter. All rights reserved.