legal battle
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Carl Icahn’s investment company, Icahn Enterprises (IEP.O), won the dismissal of a lawsuit that accused it of artificially inflating its share price by issuing unsustainably high dividends to help Icahn secure large personal loans. On Friday, U.S. District Judge K. Michael Moore in Miami ruled that shareholders in the proposed class action failed to prove…
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A $500,500 sports betting win has sparked a legal controversy after Harrah’s Cherokee Casino Resort allegedly refused to pay the bettor his winnings. The dispute, now going viral due to a video posted by the man involved, centers around accusations that the bet violated the casino’s terms and conditions. The Incident The aggrieved bettor, whose…
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Sam Bankman-Fried’s lawyer argued in their appeal on Friday that the jury convicted him without seeing the full picture because the judge blocked crucial evidence. The lawyer claimed that the jury missed important information, which could have helped support Bankman-Fried’s belief that FTX had sufficient funds to cover customer withdrawals. In a 102-page brief to…
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A University of California, Los Angeles neuroscience professor, Lucina Uddin, has sued six major academic journal publishers, alleging they violated antitrust laws by prohibiting simultaneous submissions to multiple journals and refusing to compensate scholars for peer review services. Uddin filed the proposed class-action lawsuit in Brooklyn federal court on Thursday against Elsevier, John Wiley &…
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Harvey Weinstein faces new criminal charges as Manhattan prosecutors prepare to retry him following the reversal of his rape conviction. In 2020, a jury in Manhattan convicted Weinstein, 72, of rape, but the New York Court of Appeals overturned the conviction in April, ruling that the judge improperly allowed testimony from accusers not formally involved…
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On Thursday, a North Dakota state court judge overturned the state’s near-total abortion ban, allowing abortion to become legal in the state for the first time in over a year. Judge Bruce Romanick in Bismarck ruled that the state constitution protects women’s right to abortion before fetal viability, supporting abortion providers who challenged the ban.…
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Missouri’s top court ruled on Tuesday that voters will decide on a proposed abortion rights amendment in November, potentially restoring legal abortion in the state for the first time in over two years. The measure, which allows abortion rights in Missouri until fetal viability, will appear on the November ballot after organizers gathered more than…
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ABM Industry Groups has filed a lawsuit against the U.S. Department of Labor, claiming the agency’s administrative proceedings for enforcing anti-discrimination requirements on federal contractors are unconstitutional. The janitorial services company filed the complaint in Houston federal court on Monday, arguing that these in-house proceedings violate its constitutional right to a jury trial. ABM also…
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Alphabet’s Google sought to dominate all aspects of online advertising technology by controlling both competitors and customers, according to a Justice Department prosecutor as the tech giant’s latest antitrust trial began in Alexandria, Virginia, on Monday. Prosecutors argue that Google has maintained control over the infrastructure that finances the flow of news and information across…
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A federal appeals court ruled on Friday that California and Hawaii can enforce bans on carrying guns in certain public locations, including bars and parks, partially reversing lower court decisions that blocked the restrictions. A unanimous panel from the 9th U.S. Circuit Court of Appeals determined that both states can implement gun bans in bars,…
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