legal battle

  • US Trademark Office Cancels Marvel, DC’s ‘Super Hero’ Marks

    A U.S. Trademark Office tribunal canceled a set of “Super Hero” trademarks jointly owned by comic giants Marvel and DC, following a request by a London-based comic book artist, according to a Thursday ruling. The USPTO’s Trademark Trial and Appeal Board ruled in favor of S.J. Richold’s company, Superbabies Ltd, after Marvel, owned by Disney,…

  • Connecticut Trader Convicted in Petrobras Bribery Case

    A Connecticut oil and gas trader, Glenn Oztemel, was convicted on Thursday for orchestrating a nearly eight-year bribery scheme involving officials at Brazil’s state-owned oil company, Petrobras. U.S. prosecutors revealed that Oztemel, 65, from Westport, Connecticut, paid more than $1 million in bribes to secure business for two Connecticut trading companies, Arcadia Fuels and Freepoint…

  • New York Mayor Eric Adams Charged in Turkey Bribery, Fraud Scheme

    Prosecutors charged New York City Mayor Eric Adams on Thursday with accepting illegal campaign contributions and luxury travel from Turkish nationals seeking to influence him, culminating an investigation that has thrown the city’s government into chaos. The 57-page indictment details an alleged scheme dating back to 2014, which helped fund Adams’ 2021 mayoral campaign and…

  • FTC Announces Crackdown on Deceptive AI Claims, Schemes

    The U.S. Federal Trade Commission (FTC) took action on Wednesday against five companies for using artificial intelligence in deceptive and unfair ways. Three of these cases targeted businesses that claimed to help consumers generate passive income through e-commerce storefronts. The FTC also settled cases with two companies, DoNotPay and Rytr. DoNotPay falsely claimed to offer…

  • Bankman-Fried’s Ex-Girlfriend Ellison Gets Two-Year Sentence Over FTX Fraud

    A judge sentenced former cryptocurrency executive Caroline Ellison to two years in prison on Tuesday for her role in helping her former boyfriend, Sam Bankman-Fried, steal $8 billion in customer funds from the bankrupt FTX exchange. Despite her extensive cooperation with prosecutors, U.S. District Judge Lewis Kaplan emphasized the seriousness of the case. He expressed…

  • Elon Musk, X Seek Dismissal of Don Lemon’s Lawsuit Over Canceled Partnership

    Elon Musk and X have asked a federal judge to dismiss a lawsuit filed by former CNN anchor Don Lemon, who claimed they defrauded him by canceling a partnership on the social media platform following a contentious interview. In a filing submitted Monday night in San Francisco federal court, Musk argued that he did nothing…

  • J&J Talc Opponents Decry Bankruptcy As “Deja Vu All Over Again”

    A Johnson & Johnson subsidiary began its third attempt at a multibillion-dollar bankruptcy settlement Monday, facing immediate contention. The settlement aims to end tens of thousands of lawsuits claiming the company’s baby powder and other talc products caused cancer. Attorneys representing cancer victims condemned the bankruptcy as a sham during the first court hearing. They…

  • California Sues Exxon Over Global Plastic Pollution

    California and several environmental groups sued Exxon Mobil on Monday, accusing the oil giant of running a decades-long campaign that fueled global plastic waste pollution. During Climate Week in New York City, California Attorney General Rob Bonta announced the lawsuit after completing a nearly two-year investigation, which he said revealed Exxon deliberately misled the public…

  • Law Firm Jackson Walker Breached Ethical Duties Over Secret Romance, Judge Says

    A Houston bankruptcy judge accused U.S. law firm Jackson Walker of breaching its ethical duties by failing to disclose earlier the relationship between David Jones, a former Houston bankruptcy judge, and one of its partners. U.S. Bankruptcy Judge Marvin Isgur referred the entire Jackson Walker firm for disciplinary proceedings in a letter sent Friday to…

  • Threats Against Supreme Court Justices: Alaska Man Arrested

    Authorities have arrested an Alaska man, Panos Anastasiou, 76, on charges that he threatened to assault, kidnap, and murder six U.S. Supreme Court justices and some of their family members. Prosecutors allege that Anastasiou sent over 465 threatening messages through the Supreme Court’s website, starting in March 2023, with the threats escalating in violence by…