lawsuit
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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…
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The Supreme Court turned away appeals challenging a Democratic-backed ban in Illinois on assault-style rifles like AR-15s and sidestepped several other gun-related disputes on Tuesday. The court has already agreed to hear a significant case concerning homemade “ghost guns” in its next term. Illinois Assault Rifle Ban The justices declined to hear cases appealing a…
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The Supreme Court’s ruling on presidential immunity leaves Judge Tanya Chutkan to decide how much of the federal criminal case involving Donald Trump’s efforts to overturn his defeat to Joe Biden in the 2020 election can continue. The 6-3 ruling on Monday, with the court’s conservatives in the majority, asserts that Trump has broad protection…
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U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, making it the latest foreign firm to scale back in Greater China, according to two sources. This decision comes amid a prolonged capital market downturn and growing Sino-U.S. tensions. Dechert employs more than 20 people in its Hong Kong office, including…
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A law firm known for representing cryptocurrency investors in litigation and one of its former founding partners ended a bitter legal battle involving allegations of stolen crypto tokens and bullying less than two weeks before the trial. In a joint stipulation filed in Manhattan federal court on Thursday afternoon, Freedman Normand Friedland LLP, formerly Roche…
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A federal judge in Texas on Friday temporarily blocked a Biden administration rule that would extend mandatory overtime pay to 4 million salaried U.S. workers. U.S. District Judge Sean Jordan in Sherman, Texas, stated that the U.S. Department of Labor rule, set to take effect on Monday, improperly bases eligibility for overtime pay on workers’…
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On Friday, the Texas Supreme Court dealt LGBTQ rights advocates a blow by refusing to block a Republican-backed state law that bans transgender minors from receiving gender-affirming medical care, such as puberty blockers and hormones. The court, in an 8-1 vote, rejected arguments by families with transgender children and doctors, who claimed the law was…
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The Supreme Court will rule on Republican former President Donald Trump’s claim of immunity from prosecution for attempting to overturn his 2020 election loss on Monday, the final day of its current term. U.S. Chief Justice John Roberts announced that the term, which began in October, will conclude on July 1. “At that time, we…
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The Supreme Court sided on Wednesday with a former mayor of an Indiana city who faced a bribery conviction, delivering a ruling that could make it harder for federal prosecutors to bring corruption cases against state and local officials. The justices ruled 6-3 to reverse a lower court’s decision that had upheld the corruption conviction…
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Northern Dynasty Minerals (NDM.TO) announced on Wednesday that two Alaska native village corporations had sued the Environmental Protection Agency (EPA) over its veto against the Canadian miner’s proposed Pebble mine in the state’s southwest region. Iliamna Natives Limited and Alaska Peninsula Corporation, representing the communities closest to the copper and gold mining project, claimed in…
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