Archegos Founder Bill Hwang Sentenced to 18 Years in Jail for US Fraud
Archegos Founder Bill Hwang Sentenced to 18 Years in Jail US Fraud. Former billionaire investor Sung Kook “Bill” Hwang has received an 18-year prison sentence following the downfall of Archegos Capital Management, which resulted in over $10 billion in losses for Wall Street banks. On Wednesday, United States District Judge Alvin Hellerstein in Manhattan handed […]
US Seeks to Break Up Google to Curb Search Monopoly
US Seeks to Break Up Google to Curb Search Monopoly. The US Department of Justice (DOJ) has put forward a set of measures aimed at curbing Google’s monopoly in online search. In a court document submitted late Wednesday, the DOJ suggested that the tech giant should divest its Chrome web browser. Additionally, government attorneys urged […]
Billionaire Gautam Adani, Adani Group Founder, Faces US Bribery and Fraud Charges
Billionaire Gautam Adani, Adani Group Founder, Faces US Bribery and Fraud Charges. Indian billionaire Gautam Adani has been accused of fraud in the United States, where he faces allegations of orchestrating a $250 million bribery scheme and hiding it to secure funding in the country. The criminal charges, which were filed on Wednesday in New […]
Alex Jones Takes Legal Action Against The Onion and Sandy Hook Families in Infowars Sale Dispute
Alex Jones Takes Legal Action Against The Onion and Sandy Hook Families in Infowars Sale Dispute. Alex Jones, 50, the controversial figure behind Infowars, is pursuing legal action against both The Onion and the families of Sandy Hook shooting victims in an effort to halt the acquisition of his website. The legal challenge comes after […]
Paul, Weiss Appoints Liz Stotland Weiswasser and Anish R. Desai as Partners in Litigation Department in New York
Paul, Weiss Appoints Liz Stotland Weiswasser and Anish R. Desai as Partners in Litigation Department in New York. Paul, Weiss, Rifkind, Wharton & Garrison LLP has announced the appointment of Elizabeth “Liz” Stotland Weiswasser and Anish R. Desai as partners in its Litigation Department, based in New York. Liz will also serve as co-chair of […]
Bar Council Warns of Legal Issues with BSB’s Proposed Proactive Equality Duty
Bar Council Warns of Legal Issues with BSB’s Proposed Proactive Equality Duty. The Bar Council has raised concerns about the Bar Standards Board’s (BSB) proposed proactive equality duty, warning it could lead to legal disputes with barristers and may not be lawful. They cautioned that the change might result in “virtue signalling” rather than effectively […]
Rust Cinematographer’s Mother Accuses Alec Baldwin of Intensifying Pain with Refusal to Apologize
Rust Cinematographer’s Mother Accuses Alec Baldwin of Intensifying Pain with Refusal to Apologize. Halyna Hutchins’ mother is voicing her concerns about Alec Baldwin and the film Rust as it prepares for its world premiere in Poland. On Tuesday, November 19, Hutchins’ mother, Olga Solovey, issued a statement via her attorney, Gloria Allred, indicating that she […]
NY DA Considers Delaying Trump Hush-Money Case Until After Presidency
NY DA Considers Delaying Trump Hush-Money Case Until After Presidency. New York prosecutors have informed the judge overseeing Donald Trump’s hush money case that they will oppose any efforts to dismiss the charges due to his reelection but are open to postponing proceedings while he serves as president. This willingness to delay was expressed in […]
Biden Trial Pick Kasubhai Confirmed Following Contentious Senate Process
Biden Trial Pick Kasubhai Confirmed Following Contentious Senate Process. The U.S. Senate has confirmed Oregon Magistrate Judge Mustafa Kasubhai for a lifetime position on the U.S. District Court for Oregon, with a narrow vote on Tuesday. Nominated by President Joe Biden over a year ago, Kasubhai has a wealth of experience, having served as a […]
Bragar Eagel & Squire Files Class Action Against Elanco Animal Health Incorporated for Securities Fraud
Bragar Eagel & Squire Files Class Action Against Elanco Animal Health Incorporated for Securities Fraud. Bragar Eagel & Squire, P.C. announces the filing of a class action lawsuit against Elanco Animal Health Incorporated (“Elanco”) in the United States District Court for the District of Maryland. The lawsuit represents individuals and entities who purchased or acquired […]
Glancy Prongay & Murray LLP Initiates Securities Fraud Lawsuit Against Xerox Holdings
Glancy Prongay & Murray LLP Initiates Securities Fraud Lawsuit Against Xerox Holdings. Glancy Prongay & Murray LLP announces the initiation of a class action lawsuit in the United States District Court for the Southern District of New York, titled Wilson v. Xerox Holding Corporation, et al., Case No. 24-cv-8809. This action is brought on behalf […]
Diddy’s Lawyers Petition for Music Mogul to Appear in Court Without Restraints
Diddy’s Lawyers Petition for Music Mogul to Appear in Court Without Restraints. Sean “Diddy” Combs is asking to be allowed to appear unshackled during his upcoming court hearing and for all future court dates. The 55-year-old music mogul’s request was submitted by his attorney, Marc Agnifilo, in a late-night motion on Monday, November 18, ahead […]