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 […]
Actor Jay Johnston Sentenced to Prison for January 6 Capitol Riot Involvement
Actor Jay Johnston Sentenced to Prison for January 6 Capitol Riot Involvement Jay Johnston, the 55-year-old actor known for his roles in Bob’s Burgers, Anchorman, and Arrested Development, has been sentenced to one year and one day in prison for his actions during the January 6, 2021, U.S. Capitol riot. Johnston received his sentence on […]
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, […]
Federal Court Grants Preliminary Approval for $375 Million UFC Settlement
Federal Court Grants Preliminary Approval for $375 Million UFC . A federal court in Nevada has granted preliminary approval for a substantial $375 million settlement involving a certified group of elite mixed martial arts (MMA) fighters and Zuffa, LLC, the parent company of the Ultimate Fighting Championship (UFC). If finalized, this settlement will address the […]
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 […]
Lulu Retail Holdings Plans Record $1.4 Billion IPO in UAE
Lulu Retail Holdings Plans Record $1.4 Billion IPO in UAE. Lulu Retail Holdings, the operator of one of the largest hypermarket chains in the Middle East, has announced its ambitious goal to raise up to 5.27 billion dirhams (approximately $1.43 billion) in what is poised to be the largest initial public offering (IPO) in the […]
Subway Faces Lawsuit Over Deceptive Meat Claims in Advertisements
Subway Faces Lawsuit Over Deceptive Meat Claims in Advertisements. Subway is facing a proposed class action lawsuit alleging the chain has been “grossly misleading” customers with advertisements for its sandwiches—specifically, the Steak & Cheese—that claim to be overflowing with meat. Filed in federal court in Brooklyn, the lawsuit takes issue with Subway’s marketing, suggesting that […]
FTX Settles Legal Dispute with Bybit for $228 Million
FTX Settles Legal Dispute with Bybit for $228 Million. FTX has reached a $228 million settlement with Bybit and its investment branch, Mirana, allowing it to reclaim vital assets for its creditors. This settlement is particularly crucial as it includes approximately $175 million in digital assets and $53 million in BIT tokens, pending court approval. […]
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 […]
Wrongful Death Lawsuit Filed Against Boar’s Head Following Listeria Outbreak
Wrongful Death Lawsuit Filed Against Boar’s Head Following Listeria Outbreak. A wrongful death lawsuit has been filed against Boar’s Head in the wake of a devastating listeria outbreak, with the family of Otis Adams Jr. alleging that he contracted the illness from the company’s deli meats. As of September 25, a total of 59 individuals […]