Laws
Archegos founder Bill Hwang convicted at criminal trial over fund’s collapse
Sung Kook (Bill) Hwang, the founder and head of the private investment firm Archegos, arrives at the Manhattan Federal Courthouse in New York City, U.S., July 9, 2024. Andrew Kelly | Reuters Archegos Capital Management founder Sung Kook “Bill” Hwang was convicted of fraud and other charges by a jury in Manhattan federal court on […]
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Ashley Biden diary thief arrested in Georgia on weed, other charges the day before jail surrender date
Aimee Harris, right, walks out of Manhattan federal court, Tuesday, April 9, 2024, in New York. Larry Neumeister | AP A Florida woman was arrested Monday in Georgia on motor vehicle, marijuana, and other state charges just one day before her scheduled voluntary surrender to begin a monthlong jail term for stealing and selling the […]
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With Chevron reversal, Supreme Court paves way for a ‘legal earthquake’
Four days after the Supreme Court ruled in the case of Loper Bright Enterprises vs. Raimondo, overturning the 40-year-old precedent known as the Chevron deference, the justices announced they would be sending nine cases back to lower courts in light of their ruling. This batch of cases may be the first indication of the legal […]
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CNBC Day by day Open up: French left-wing shock victory, Boeing responsible plea
Traders get the job done on the ground of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images This report is from today’s CNBC Everyday Open, our intercontinental markets e-newsletter. CNBC Daily Open delivers traders up to pace on all the things they will need to know, no subject the place […]
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Companies weigh taking away Taiwan staff from China soon after dying penalty risk, Reuters reviews
Some overseas organizations are taking into consideration going Taiwanese workforce out of China right after Beijing mentioned it could impose the dying penalty on “diehard” Taiwan independence separatists, mentioned four persons acquainted with the subject. Oleksii Liskonih | Istock | Getty Pictures Some foreign firms are contemplating moving Taiwanese employees out of China after Beijing said it could impose […]
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Former Trump law firm Rudy Giuliani disbarred in New York immediately after legal indictments
Previous New York Mayor Rudy Giuliani departs the U.S. District Courthouse soon after he was ordered to pay out $148 million in his defamation scenario in Washington, U.S., December 15, 2023. Bonnie Funds | Reuters Rudy Giuliani’s New York regulation license was revoked on Tuesday amid allegations that he assisted former President Donald Trump’s failed […]
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Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges
Hercules Investments CEO and CIO James McDonald. CNBC A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after more than two years as a fugitive from a Securities and Exchange Commission investigation, federal prosecutors said. The defendant, James Arthur McDonald Jr., is accused of misrepresenting […]
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Household Ethics Committee expands Rep. Matt Gaetz sexual misconduct investigation
U.S. Rep. Matt Gaetz (R-FL) walks absent from the U.S. Capitol after his movement to vacate the chair of Property Speaker Kevin McCarthy (R-CA) and conclude McCarthy’s continued leadership succeeded by a vote of 216-210, outside the U.S. Capitol in Washington, Oct 3, 2023. Jonathan Ernst | Reuters The Dwelling Ethics Committee said Tuesday it […]
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New Jersey Democratic kingmaker George Norcross indicted on racketeering charges
New Jersey businessman and co-owner of The Philadelphia Inquirer, George Norcross walks to Judge Patricia McInerney’s courtroom at City Hall in Philadelphia. Matt Rourke | AP George Norcross, who for decades had been a Democratic political kingmaker in New Jersey, was charged with racketeering in an indictment unsealed Monday. Norcross’s brother, Phillip Norcross, and four […]
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From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
South Korean authorities are seeking the arrest of Do Kwon, co-founder and chief executive officer of Terraform Labs. His company is behind the now-collapsed terraUSD and luna cryptocurrencies. South Korean prosecutors are now seeking to freeze bitcoin linked to Kwon. Woohae Cho | Bloomberg | Getty Images Months before Sam Bankman-Fried and the FTX fraud […]
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