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 […]
EngageSmart Class Action Lawsuit: Investor Opportunity
EngageSmart Class Action Lawsuit: Investor Opportunity. Bronstein, Gewirtz & Grossman LLC announces a crucial opportunity for investors of EngageSmart, Inc. who have suffered significant losses. A class action lawsuit has been filed against EngageSmart and its executives, offering affected investors a chance to seek justice and compensation. This legal action aims to recover damages for […]
Tennessee Entrepreneur Convicted in $35 Million Health Care Fraud Scheme
Tennessee Entrepreneur Convicted in $35 Million Health Care Fraud Scheme. A federal jury has convicted Michael Kestner, a 72-year-old entrepreneur from Nashville, for orchestrating a staggering $35 million fraud scheme that exploited federal health care programs over nearly eight years. The jury found Kestner guilty of fraudulently billing for unnecessary medical injections, primarily targeting opioid-dependent […]
Kawhi Leonard’s Trainer Sues LA Clippers Over Injury Treatment
Kawhi Leonard’s Trainer Sues LA Clippers Over Injury Treatment. Randy Shelton, former personal trainer for NBA star Kawhi Leonard, 33, has filed a lawsuit against the Los Angeles Clippers, claiming the team mishandled Leonard’s injuries and retaliated against him for raising concerns. The lawsuit alleges “unsafe and illegal treatment for injuries” related to Leonard’s ongoing […]