California residents may claim compensation from $27.5M Thomson Reuters settlement
California residents may claim compensation from $27.5M Thomson Reuters settlement. Residents of California could potentially receive compensation from a substantial $27.5 million lawsuit settlement stemming from a class action against media giant Thomson Reuters. This lawsuit was initiated in 2020 by East Bay activist Cat Brooks and Oakland journalist Rasheed Shabazz, focusing on the company’s […]
Young Thug Released from Jail After Guilty Plea, Sentenced to 15 Years of Probation
Young Thug Released from Jail After Guilty Plea, Sentenced to 15 Years of Probation. Rapper Young Thug, 33, born Jeffery Williams, entered a guilty plea on Thursday in Atlanta, addressing charges related to gang activity, drug offenses and firearms. Young Thug is set to be released from jail after agreeing to a guilty plea, receiving […]
Arkansas Man Failed to Disclose Over $3 Million in Revenue
Arkansas Man Failed to Disclose Over $3 Million in Revenue. In a significant tax fraud case, Carlos Gonzalez, a 59-year-old resident of Rogers, Arkansas, was sentenced to 20 months in prison for submitting fraudulent individual income tax returns. The court revealed that between 2014 and 2020, Gonzalez systematically understated the gross receipts from his tree-trimming […]
Trump Files $10 Billion Lawsuit Against CBS News Over Deceptive Editing in Harris’ ‘60 Minutes’ Interview
Trump Files $10 Billion Lawsuit Against CBS News Over Deceptive Editing in Harris’ ‘60 Minutes’ Interview. Former President Donald Trump has initiated a $10 billion lawsuit against CBS News, alleging the network engaged in “deceptive editing” during Vice President Kamala Harris’ interview on 60 Minutes. This legal action, filed on Thursday, claims that CBS’s actions […]
Five Charged in Houston School District Fraud Scheme Involving $1 Million
Five Charged in Houston School District Fraud Scheme Involving $1 Million. Five individuals linked to the Houston Independent School District (HISD) face serious charges for orchestrating a scheme that fraudulently certified over 200 teachers, generating approximately $1 million in illicit profits. Harris County District Attorney Kim Ogg announced the charges, which include two counts of […]
Pizza Shop Owner Sentenced to 8.5 Years for Labor Trafficking
Pizza Shop Owner Sentenced to 8.5 Years for Labor Trafficking. Stavros Papantoniadis, a 49-year-old owner of Stash’s Pizza from Westwood, Massachusetts, has been sentenced to 8.5 years in federal prison for labor trafficking. Papantoniadis was found guilty of intimidating employees with threats of deportation and using physical violence to maintain control over his workforce at […]
JPMorgan Chase Sues Customers for $662K in TikTok Check Fraud Scheme
JPMorgan Chase Sues Customers for $662K in TikTok Check Fraud Scheme. JPMorgan Chase is pursuing legal action against clients involved in a widespread check fraud scheme that gained traction through viral TikTok videos. These customers, accused of fraudulent ATM withdrawals, may soon face substantial financial repercussions as the bank seeks repayment of nearly $662,000. […]
Doctor Sentenced to Over 10 Years for $54 Million Medicare Fraud Scheme
Doctor Sentenced to Over 10 Years for $54 Million Medicare Fraud Scheme. Dr. Daniel R. Canchola, a 54-year-old physician from Flower Mound, Texas, has been sentenced to 10 years and one month in prison for his role in a staggering $54 million Medicare fraud operation. The Texas court also ordered Canchola to pay over $34 […]
Georgia Woman Sentenced to 12 Years for $30 Million COVID-19 Unemployment Fraud
Georgia Woman Sentenced to 12 Years for $30 Million COVID-19 Unemployment Fraud. A Georgia woman, Tyshion Nautese Hicks, 32, of Vienna, has been sentenced to 12 years in prison for her role in a staggering $30 million unemployment fraud scheme tied to the COVID-19 pandemic, along with an additional firearms charge. Tyshion Nautese Hicks, 32, […]
Dechert Advises Bank of America and Wells Fargo on Landmark $3.5 Billion CMBS Loan for Rockefeller Center
Dechert Advises Bank of America and Wells Fargo on Landmark $3.5 Billion CMBS Loan for Rockefeller Center. Dechert has advised Bank of America and Wells Fargo through the issuance of $3.5 billion commercial mortgage-backed security (CMBS) loan to Tishman Speyer to refinance the iconic Rockefeller Center complex in New York. This loan marks the largest […]
Latham & Watkins Guides Major IPO for WeRide, Raising $440.5 Million
Latham & Watkins Guides Major IPO for WeRide, Raising $440.5 Million. Latham & Watkins has successfully advised Morgan Stanley, J.P. Morgan, and China International Capital Corporation (CICC) in connection with WeRide’s initial public offering (IPO) on the Nasdaq Stock Market. The IPO, along with associated private placements, generated approximately $440.5 million in gross proceeds. The […]
Former Moody’s General Counsel Sentenced to 8 Months for Tax Evasion
Former Moody’s General Counsel Sentenced to 8 Months for Tax Evasion. New Jersey federal judge sentenced John Goggins, 63, of Chatham, New Jersey, the former general counsel of Moody’s, to eight months in prison for willfully failing to file his personal federal income tax returns. The sentencing, which took place on Thursday, follows a federal […]