A former partner at U.S. law firm Locke Lord, Mark Scott, argued that prosecutors failed to prove he knowingly participated in a $400 million fraudulent cryptocurrency scheme. On Wednesday, Scott urged the 2nd Circuit U.S. Court of Appeals to reverse or vacate his November 2019 conviction, asserting that the government’s case relied heavily on a…
The Supreme Court revived the National Rifle Association’s lawsuit against a New York state official accused of coercing banks and insurers to avoid doing business with the gun rights group. The ruling, authored by liberal Justice Sonia Sotomayor, warned public officials against using their power to punish speech they dislike. In a unanimous 9-0 decision,…
A U.S. appeals court refused to automatically approve a $667 million fee award for attorneys behind a $2.7 billion antitrust class action settlement with Blue Cross Blue Shield. On Wednesday, class lawyers urged the U.S. Supreme Court to reject a challenge to the legal fees and the broader merits of the 2020 settlement. Last year,…
U.S. consumers suing French luxury house Hermes have expanded their lawsuit, accusing the company of forcing buyers to spend thousands of dollars on other products before allowing them to purchase one of its famed Birkin bags. On Thursday, another California resident joined the lawsuit in San Francisco federal court, becoming the third named plaintiff in…
A Tesla shareholder has filed a lawsuit accusing CEO Elon Musk of insider trading, alleging that Musk sold over $7.5 billion of Tesla shares in late 2022 before the company revealed potentially disappointing production and delivery numbers. The lawsuit, filed by shareholder Michael Perry in Delaware Chancery Court, claims that Tesla’s share price plummeted after…
The Justice Department informed a judge that Alphabet’s Google cannot avoid a jury trial over its alleged digital advertising dominance by unilaterally paying the government. In a court filing on Thursday, the Justice Department and a coalition of states responded to Google’s argument that only a judge, not a jury, should hear the government’s lawsuit…
Madonna is facing legal action from a concert attendee who alleges that her recent performance in Los Angeles crossed the line into “pornography without warning.” Justen Lipeles, the plaintiff, filed a lawsuit claiming that during Madonna’s Celebration world tour concert on March 7 at the Kia Forum venue, he was subjected to explicit content without…
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