A jury in Manhattan federal court convicted Archegos Capital Management founder Sung Kook “Bill” Hwang of fraud and other charges on Wednesday. Prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36 billion private investment firm. The jury, which began deliberations on Tuesday, found Hwang guilty on 10 of 11 criminal…
Boeing is negotiating with the U.S. Defense Department regarding how the planemaker’s planned guilty plea could affect its extensive government contracts, according to a person familiar with the matter. On Sunday, the Justice Department announced in a court filing that Boeing had agreed to plead guilty to a criminal fraud conspiracy charge to resolve an…
Karen Read’s legal saga may take a complex turn following a mistrial declaration by the judge, leaving unanswered questions about potential retrial charges after a divided jury’s decision. In a dramatic development, TMZ reports that the jury’s vote on second-degree murder was a unanimous 12-0 in favor of acquittal, while they were also united in…
Donald Trump’s lawyers asked a U.S. judge on Friday to partially pause the criminal case accusing him of mishandling classified documents. They based their request on the U.S. Supreme Court’s ruling that presidents have broad immunity for official acts. Trump, the Republican presidential candidate, argued that this ruling, which granted him immunity in a case…
Former Biden liaison Taral Patel, 30, who was previously running for the Fort Bend County Commission Precinct 3, has been charged with fabricating racist harassment against himself. Prosecutors now allege Patel created a fake Facebook profile for the judge assigned to his case. Back in September, Patel claimed to be the target of a series…
A federal judge ruled on Tuesday that Gene Levoff, a former senior lawyer at Apple, must pay a $1.15 million fine in a Securities and Exchange Commission (SEC) civil case related to insider trading. U.S. District Judge William Martini in Newark, New Jersey, acknowledged that while Levoff “was not living excessively,” his violations were especially…
WikiLeaks founder Julian Assange landed in Australia to an ecstatic welcome on Wednesday after pleading guilty to violating U.S. espionage law. This deal set him free from a 14-year legal battle. Assange disembarked from a private jet at Canberra airport just after 7:30 p.m. (0930 GMT). He waved to waiting media and cheering supporters before…
Hunter Biden’s lawyers asserted on Monday that his trial on federal gun charges went forward prematurely earlier this month and must be redone. On June 11, a jury convicted Hunter Biden, the son of U.S. President Joe Biden, making him the first child of a sitting president to be convicted of a felony. The jury…
WikiLeaks founder Julian Assange plans to plead guilty on Wednesday to violating U.S. espionage law, marking the end of his imprisonment in Britain and allowing his return to Australia, concluding a 14-year legal odyssey. Assange, 52, agreed to plead guilty to a single criminal count of conspiring to obtain and disclose classified U.S. national defense…
A California jury convicted David DePape on Friday of kidnapping, burglary, false imprisonment, threatening the family member of a public official, and dissuading a witness. This conviction follows his federal court conviction last year. DePape, a right-wing conspiracy theorist, attacked Paul Pelosi, the husband of former U.S. House Speaker Nancy Pelosi, with a hammer. The…