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☆ Google will delete billions of browsing records to settle privacy lawsuit: court filing
▼ + stars: | 2024-04-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewGoogle will destroy users' browsing data to settle a $5 billion privacy lawsuit about its "incognito" browsing, according to federal court filings. The 2020 class action lawsuit accused the search engine of collecting millions of users' data without their knowledge while they used incognito mode. Now, Google has agreed to delete billions of data records that are older than nine months, the filing states. Previously, Google had used third-party cookies to collect users' data even when they were on non-Google sites. Related storiesGoogle had known for years that the marketing and branding of its incognito mode was potentially misleading, the lawsuit alleged.

Persons: —, José Castañeda, Lorraine Twohill, Sundar Pichai, David Boies Organizations: Service, Google, Business, Wall Street, Wall Street Journal Locations: California

☆ Google to delete billions of browser records to settle ‘Incognito’ lawsuit
▼ + stars: | 2024-04-01 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +2 min

CNN —Google will delete billions of data records as part of a settlement for a lawsuit that accused the tech giant of improperly tracking the web-browsing habits of users who thought they were browsing the internet privately. As part of the settlement, Google must delete “billions of data records” that reflect the private browsing activities of users in the class action suit, according to court documents filed Monday in San Francisco federal court. Google will also update its disclosure to inform users about what data it collects each time a user initiates a private browsing session. For the next five years, Google will also let private browsing users block third-party cookies as part of the settlement. “Moreover, the settlement requires Google to delete and remediate, in unprecedented scope and scale, the data it improperly collected in the past,” Boies added.

Persons: David Boies, ” Boies, José, ” “, Castañeda, “ Organizations: CNN, Google Locations: San Francisco federal

☆ A sales practice at American Express is under scrutiny. Here's what we know about the investigation.
▼ + stars: | 2023-11-29 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +12 min

It's not clear how much scrutiny the company is under for management's role in developing and training employees to sell the product. Subpoenas are issued to compel parties such as company executives and employees, or former employees, to appear for interviews or turn over documents. In July, the OCC assessed a $15 million civil penalty against American Express National Bank. The IRS is also involvedBrooklyn attorneys are coordinating their criminal investigation alongside the IRS's criminal-investigation unit, the people BI spoke with said. Sinking morale among some sales employeesThe investigations are taking a toll on Amex's results-driven culture, current and former sales employees told BI, because compliance staff have gotten more involved in the sales process.

Persons: Amex, hadn't, salespeople, It's, Adam Isserlis, Isserlis, John Marzulli, Brian Morris, Hiral Mehta, Morris, Boies, Boies Schiller Flexner, Seth DuCharme, Charles Blazer, he's, Mehta, Hiral, Brian Organizations: American Express, Business, Justice, New York State Department of Financial Services, BI, Brooklyn, Eastern, of, OCC, American Express National Bank, Consumer Financial, Justice Department, Department of Financial Services, Department of Justice, IRS, Federal Deposit Insurance Corp, FDIC's, Government, Costco, Securities, Eastern District, Department of Homeland Security, Boies Schiller, FIFA, Taco Bell Locations: Brooklyn , New York, of New York, Eastern, Brooklyn

[1/2] Lawyer David Boies gestures as he walks out of the Southern District of New York court, New York, U.S., July 15, 2019. Boies' tenure as chairman of Boies Schiller Flexner ends December 2024, a firm spokesperson said on Friday. Boies Schiller has lost nearly half of its lawyers over the last three years. Another who briefly held the role, Natasha Harrison, left Boies Schiller last year to found her own firm. Boies Schiller is now managed by a trio of managing partners, who praised Boies' leadership in a statement on Friday.

Persons: David Boies, Andrew Kelly, Harvey Weinstein, Boies, Boies Schiller Flexner, Boies Schiller, Nicholas Gravante, Cadwalader, Taft, Natasha Harrison, David, Matthew Schwartz, Sigrid McCawley, Alan Vickery, Al Gore, George W, Bush, Weinstein, David Thomas, David Bario, Marguerita Choy Organizations: Southern, of, REUTERS, Microsoft, U.S, Supreme, Thomson Locations: of New York, New York, U.S, Hollywood, Wickersham

☆ US judge approves Deutsche Bank $75 million settlement with Epstein accusers
▼ + stars: | 2023-10-20 | by ( Luc Cohen | ) www.reuters.com time to read: +2 min

NEW YORK (Reuters) -Deutsche Bank on Friday won final approval from a U.S. judge for a $75 million settlement it reached with victims of Jeffrey Epstein who had accused the German company of facilitating the late financier’s alleged sex trafficking. FILE PHOTO: The logo of Deutsche bank is seen in Hong Kong, China July 8, 2019. Epstein had been a Deutsche Bank client from 2013 to 2018, after being a JPMorgan Chase client for 15 years. Deutsche Bank has said it made an error in taking on Epstein as a client. Rakoff granted preliminary approval to New York-based financial services company JPMorgan’s $290 million settlement over similar claims in June.

Persons: Jeffrey Epstein, Tyrone Siu, Jed Rakoff, ” Rakoff, Epstein, Jane Doe, David Boies, Rakoff Organizations: YORK, Deutsche Bank, Friday, Deutsche, REUTERS, U.S, JPMorgan Chase, JPMorgan, U.S . Virgin Locations: U.S, Hong Kong, China, Manhattan, York, New York

☆ Former Barclays CEO Staley fined and banned by UK regulator over Epstein links
▼ + stars: | 2023-10-12 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Jes Staley, former CEO of Barclays, arrives at the offices of Boies Schiller Flexner LLP in New York on June 11, 2023. LONDON — Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in the U.K. financial services industry for misleading the regulator over his relationship with sex offender Jeffrey Epstein. "Mr Staley is an experienced industry professional and held a prominent position within financial services. Emails subsequently emerged in which Staley described Epstein as one of his "deepest" and "most cherished" friends, the FCA confirmed. Barclays' letter also claimed Staley had ceased contact with Epstein long before he joined the bank in December 2015.

Persons: Jes Staley, Boies Schiller Flexner, Jeffrey Epstein, Staley, Epstein, Therese Chambers, Mr Staley, Mr Epstein, Chambers Organizations: Barclays, LONDON, Financial, Authority, Staley, FCA, Barclays Board, Manhattan's Metropolitan Correctional Center Locations: New York, LONDON —, Manhattan's

Again, Republicans have not produced evidence that Joe Biden got paid in any of these arrangements. Jim Jordan falsely claims Hunter Biden said he was unqualified for Burisma boardRepublican Rep. Jim Jordan of Ohio repeated a false claim about Hunter Biden that CNN debunked when Jordan made the same claim last week. “We learned yesterday, in the search warrant…examining Hunter Biden electronic communications, they weren’t allowed to ask about Political Figure 1,” Jordan said. Facts First: Mace’s claim is false; we do not “already know” that Joe Biden took any bribe. Burchett on Hunter Biden’s taxesRep. Tim Burchett, a Tennessee Republican, falsely claimed that Hunter Biden never paid taxes on his foreign income.

Persons: Joe Biden –, Biden, James Comer, Joe Biden’s, Joe Biden, ” – Hunter, –, Hunter Biden –, Hunter Biden, Jim Jordan, Jordan, “ Hunter Biden’s, ” Jordan, wasn’t, “, Boies Schiller, ” Biden, ”, wasn’t Biden, Hunter, Trump’s, David Weiss, Weiss, Joe Biden weren’t, Hunter Biden Comer, Comer, Hunter Biden’s, Abbe Lowell, Lowell, ” Lowell, Ian Sams, ’, ” Comer, Nancy Mace, Jonathan Turley, Republican Sen, Chuck Grassley, Donald Trump, Burisma, Mykola Zlochevsky, Devon Archer, Archer, Zlochevsky’s, embellishing, Burchett, Tim Burchett, Hunter Biden “, doesn’t, “ Who’s, ” Burchett, Byron Donalds, James Biden, Alexandria Ocasio, Cortez, Byron Donalds of, Donalds, wouldn’t, James Biden’s, ” Donalds, Pat Fallon, Dad, ‘, Fallon Organizations: CNN, Republican, Republicans, Post, Burisma Holdings, ABC News, Biden, ABC, Amtrak, UN, Food, Eastern, Justice, House Republicans, Justice Department, Department, Trump, GOP, United, Democratic, FBI, George Washington University, Biden ”, Tennessee Republican, IRS, Rep, Wednesday, New Yorker Republican, Yorker Locations: Washington, Ukraine, China, Romania, Ohio, Ukrainian, Beijing, United States, Wilmington , Delaware, South Carolina, Burisma, ”, Iowa, Tennessee, Alexandria, Cortez of New York, Byron Donalds of Florida, Texas

JPMorgan did not admit any wrongdoing in the settlement, which will give $55 million to Virgin Islands charities and the American territory's anti-trafficking efforts. The remaining $20 million will cover attorneys' fees incurred by the Virgin Islands as part of the litigation in federal court in New York. The Virgin Islands said the deal "includes several substantial commitments by JPMorgan Chase to identify, report, and cut off support for potential human trafficking, including establishing and implementing comprehensive policies and procedures." Virgin Islands Attorney General Ariel Smith said the agreement settles what was the first enforcement action against a bank for facilitating and profiting from human trafficking. The Virgin Islands previously obtained a $105 million settlement from Epstein's estate, and another $62.5 million from billionaire investor Leon Black to resolve potential claims related to Epstein.

Persons: JPMorgan Chase, Jeffrey Epstein, Ghislaine Maxwell, Rod Stewart, Cipriani, Joe Schildhorn, Patrick McMullan, Jes Staley, Epstein, Staley, Ariel Smith, Smith, Boies Schiller Flexner, Stephanie Keith, Leon Black, Jamie Dimon, Jed Rakoff, Virgin Organizations: JPMorgan, U.S . Virgin, Virgin Islands, Virgin, Barclays Plc, Bloomberg, Getty Images Bloomberg, Getty, Treasury Department Locations: New York, New York City, U.S, Manhattan, Virgin, Epstein's, Florida

☆ Google fails to end $5 billion consumer privacy lawsuit
▼ + stars: | 2023-08-08 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

The logo of Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. The Oakland, California-based judge also pointed to several Google statements, including in its privacy policy, suggesting limits on information it might collect. "As we clearly state each time you open a new incognito tab, websites might be able to collect information about your browsing activity during your session." The lawsuit covers Google users since June 1, 2016. The case is Brown et al v Google LLC et al, U.S. District Court, Northern District of California, No.

Persons: Andrew Kelly, Yvonne Gonzalez Rogers, Monday, David Boies, George Orwell, Rogers, Jose Castaneda, Brown, Jonathan Stempel, Jonathan Oatis Organizations: Google, Chelsea, REUTERS, Court, Northern District of, Thomson Locations: Manhattan , New York City, U.S, , California, Oakland , California, California, Northern District, Northern District of California, New York

Here are key facts about Chutkan’s background and rulings:OBAMA APPOINTEEChutkan was nominated as a federal judge by President Barack Obama in 2013. She previously served as a public defender in Washington, D.C. representing indigent defendants in criminal cases. “Presidents are not kings, and plaintiff is not president,” Chutkan wrote in her ruling, which was later upheld by the U.S. Supreme Court. She is among judges in D.C. federal court who have spurned some recommendations from prosecutors for lesser punishments. She was the third Black woman to serve as a federal judge in the Washington, D.C. federal trial court when she was confirmed.

Persons: Donald Trump, Lindsay DeDario, Boies, Boies Schiller Flexner, Tanya Chutkan, Trump, OBAMA, Chutkan, Barack Obama, Boies Schiller, Schiller, Theranos, Elizabeth Holmes, ” Chutkan, Andrew Goudsward, David Bario, Michael Perry Organizations: U.S, Republican, REUTERS, Boies Schiller, Capitol, U.S . Senate, TRUMP, Trump, ., White, Supreme, U.S . Capitol, George Washington University, University of Pennsylvania Law School, Thomson Locations: Erie , Pennsylvania, U.S, Washington ,, JAMAICA, Kingston , Jamaica, Washington

☆ US District Judge Tanya Chutkan has been assigned to Trump's indictment. Here's what to know about her.
▼ + stars: | 2023-08-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The United States District Court judge assigned to oversee the case is Tanya Chutkan. She's the only DC judge who has sentenced J6 rioters to longer sentences than prosecutors requested. So, who is Judge Chutkan? Chutkan went to George Washington University in Washington, DC, for her bachelor's degree. The office of Judge Chutkan did not immediately respond to Insider's request for comment.

Persons: Donald Trump, Tanya Chutkan, Chutkan, Boies, Schiller, Flexner, Obama, Matthew Mazzocco, Trump, Biden, Anna Cominsky, Cominsky, Judge Chutkan Organizations: United States, Service, George Washington University, University of Pennsylvania Law School, District of Columbia Public Defender Service, Flexner LLP, Court, District of Columbia, District of, NBC News, Capitol, ABC News, weaponized Department of Justice, Criminal Defense, New York Law School, Trump, Washington Post Locations: Wall, Silicon, Washington ,, Kingston , Jamaica, District, District of Columbia, trier

The source also reiterated that Archer provided no evidence connecting President Joe Biden to any of his son’s foreign business dealings. Goldman said Archer told the panel that Hunter Biden did put his father on speaker phone in the presence of business partners, but that business was never discussed. Devon Archer, a former business associate of Hunter Biden, arrives for closed-door testimony at the O'Neill House Office Building on July 31, 2023 in Washington, DC. Comer then accused Joe Biden of lying about his family’s business dealings and his own involvement – pledging that his panel will continue to investigate. In recent weeks, he delivered his most explicit threat yet to Biden, saying House Republicans’ investigations into the Biden family’s business deals appear to be rising to the level of an impeachment inquiry.

Persons: Devon Archer, Hunter Biden, Archer, Joe Biden, Matthew L, Schwartz, Boies Schiller Flexner, ” Schwartz, “ Mr, Dan Goldman, Goldman, Joe Biden’s, ” Goldman, Biden’s, “, ” Hunter, Drew Angerer, James Comer, Hunter Biden’s, ” Comer, Comer, –, Biden, Ian Sams, Kevin McCarthy, McCarthy, Donald Trump, McCarthy –, Newt Gingrich Organizations: CNN, Republican, Democrats, ”, Democrat, House Republicans, O'Neill, Getty, “, Republicans, House Democrats, Biden, Department, GOP, Congressional, Fox News Locations: Washington, Washington ,, United States

REUTERS/Chen Lin/File PhotoJuly 17 (Reuters) - Chinese e-retailer Temu has filed a new lawsuit accusing rival Shein of violating U.S. antitrust law in its dealings with clothing manufacturers, escalating a legal clash for dominance in the fast-fashion market. Temu, represented by prominent U.S. law firm Boies Schiller Flexner, filed the new case on Friday in Boston federal court. The two companies are already embroiled in litigation in Chicago federal court, where Shein has alleged Temu worked with influencers to disparage Shein on social media. Temu's complaint alleged Shein "forces manufacturers to sign loyalty oaths certifying that they will not do business with Temu." A spokesperson for Shein on Monday said Temu's lawsuit was "without merit and we will vigorously defend ourselves."

Persons: Chen Lin, Temu, Shein, Boies Schiller Flexner, influencers, YipitData, Temu's Boies Schiller, Denise Casper, Philip Korologos, James Denvir, Boies Schiller, Mike Scarcella, Josie Kao Organizations: REUTERS, Temu, Shein, District of, Thomson Locations: Singapore, Boston, Chicago, U.S, United States, Los Angeles, China, Europe, Asia, District of Massachusetts

"This is a really fine settlement," Rakoff said. Epstein had been a JPMorgan client from 1998 through 2013, when the bank terminated his accounts. JPMorgan in a statement this month said any association it had with Epstein "was a mistake and we regret it." Rakoff appointed Simone Lelchuk, a lawyer who specializes in administering settlements, to consider individual claims and determine payouts in the JPMorgan and Deutsche Bank cases. JPMorgan is also facing a lawsuit over Epstein by the U.S. Virgin Islands, where the financier owned two neighboring islands.

Persons: Morgan Chase, Mike Segar, Jeffrey Epstein, Jed Rakoff, Rakoff, Epstein, Jane Doe, David Boies, Boies, Simone Lelchuk, Luc Cohen, Jonathan Stempel, Matthew Lewis Organizations: Co, New York City, REUTERS, JPMorgan Chase's, U.S, Deutsche Bank, JPMorgan, U.S ., Thomson Locations: New York, U.S, Manhattan, Florida, Russia, Eastern Europe, U.S . Virgin Islands

☆ He Went After Crypto Companies. Then Someone Came After Him.
▼ + stars: | 2023-06-18 | by ( John Carreyrou | ) www.nytimes.com time to read: +2 min

Joe Delich, a classmate who later worked with Mr. Roche at his law firm, remembers him constantly checking the price of Bitcoin on his laptop during classes. Mr. Roche cashed out before a big price drop, earning about $100,000 in profits. As a third-year student, Mr. Roche collaborated with a professor on a paper discussing Bitcoin’s virtues as the first currency free from government interference. By then, Mr. Roche was a first-year associate at Boies Schiller Flexner, where he was developing a reputation as the kid who understood crypto. But many people considered Dr. Wright a fraud, calling into question the notion that he had mined early blocks of Bitcoin, much less cheated someone out of them.

Persons: Joe Delich, Roche, ”, Boies Schiller, Ira Kleiman, Craig Wright, Satoshi Nakamoto, Kleiman, Wright, David, David Kleiman Organizations: Purdue University, Northwestern University’s Pritzker School of Law, Mr, Street Locations: Miami

☆ Jeffrey Epstein's victims will be able to get up to $5 million from Deutsche Bank sex-trafficking settlement
▼ + stars: | 2023-06-16 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

A settlement from Deutsche Bank will give up to $5 million each to Jeffrey Epstein's victims. Friday's court filings — if approved by the judge overseeing the case — outline how the funds would be distributed to Epstein's victims. The Deutsche Bank settlement allows Epstein's victims to file claims with a new compensation program. Their law firms can get up to 30% of the Deutsche Bank settlement funds, according to the settlement documents. Representatives for Deutsche Bank and the "Jane Doe" plaintiff didn't immediately respond to requests for comment.

Persons: Jeffrey Epstein's, —, Jeffrey Epstein, Epstein, Gloria Allred, Jane Doe, David Boies, Brad Edwards, didn't, JP Morgan Chase, JP Morgan, Morgan, Cecile de Jongh Organizations: Deutsche Bank, Service, Virgin

NEW YORK, June 12 (Reuters) - JPMorgan Chase (JPM.N) agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein's victims, resolving a large part of litigation over the bank's relationship with the disgraced financier. Monday's settlement came 3-1/2 weeks after Deutsche Bank (DBKGn.DE), where Epstein was a client from 2013 to 2018, agreed to pay $75 million to end a similar lawsuit by Epstein victims. "A settlement with Epstein's victims frees JPMorgan to begin to turn the page and change the narrative." The $290 million settlement amount was confirmed by David Boies, a lawyer for Epstein's victims. Last month, Rakoff said JPMorgan could be liable to Epstein's victims if they could show Staley had firsthand knowledge that Epstein ran a sex-trafficking venture.

Persons: JPMorgan Chase, JPM.N, Jeffrey Epstein's, Epstein, Jane Doe, Carliss Chatman, Chase, Temin, Jed Rakoff, JPMorgan, Adam Zimmerman, David Boies, Sigrid McCawley, Morgan Chase, Mike Segar JPMorgan, Jes Staley, shepherding, Staley, Rakoff, Jamie Dimon, Ghislaine Maxwell, Maxwell, Chatman, Mary Erdoes, Stephen Cutler, Dimon, Cutler, Jeffrey Epstein, Erdoes, Nupur Anand, Lananh Nguyen, Saeed Azhar, Luc Cohen, Jonathan Stempel, Tatiana Bautzer, Megan Davies, Alexander Smith, Grant McCool, Lisa Shumaker Organizations: YORK, JPMorgan, Washington, Lee University School of Law, U.S, Deutsche Bank, University of Southern, Co, New York City, REUTERS, U.S ., Barclays, U.S . Virgin, Thomson Locations: U.S, Manhattan, Virginia, University of Southern California, New York, U.S . Virgin Islands

A trial in the copyright infringement case had been set to begin on Monday. YouTube and Schneider agreed to end the case with prejudice, which means it cannot be refiled. YouTube denied the allegations and said it goes "above and beyond" to protect copyrights. In a win for YouTube, U.S. District Judge James Donato last month refused to certify the lawsuit as a class action. The case is Schneider v. YouTube LLC, U.S. District Court for the Northern District of California, No.

Persons: Maria Schneider, Schneider's, Schneider, District Judge James Donato, Joshua Schiller, Philip Korologos, Boies Schiller, George Zelcs, Stephen Tillery, David Kramer, Wilson Sonsini Goodrich, Rosati Read, Blake Brittain Organizations: YouTube, Schneider's San, District, Northern, Northern District of, Thomson Locations: Schneider's San Francisco, infringers, U.S, Northern District, Northern District of California, Washington

☆ How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of Theranos
▼ + stars: | 2023-06-02 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +6 min

The reporters spoke with board members, who explained why they backed founder Elizabeth Holmes. Holmes' board going into the scandal included an unusual roster of names for a healthcare startup, with leaders who had more experience in politics and government than healthcare. For the most part, the board members seemed to be taken by Holmes and her vision. "Secretary Mattis was struck by the promise of technology and was looking for any technology solution to save lives on the battlefield," White said. Auletta in the documentary said the board members spoke about Holmes as if she were a visionary.

Persons: Theranos, Alex Gibney, Elizabeth Holmes, Holmes, John Carreyrou, Sunny Balwani, Balwani, George Shultz, Shultz, Gary Roughead, William Perry, Sam Nunn, James Mattis, Donald Trump's, Richard Kovacevich, Wells Fargo Henry Kissinger, William Frist, William H, Foege, Riley, Bechtel, Kissinger, Mattis, Ken Auletta, David Boies, Auletta, Axios, Dana White, White, Beethoven, Roger Parloff, he's, Parloff Organizations: Morning, Food and Drug Administration, Wall Street, US, US Marine Corps, Centers for Disease Control, Bechtel Group Inc, New, Mattis, Theranos, Securities and Exchange Commission, Fortune Locations: Texas, California, Silicon Valley

☆ Ex-JPMorgan executive wrote Epstein 'should not be a client' in 2011 email -deposition
▼ + stars: | 2023-05-31 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Dimon said in the deposition he was not aware of the email at the time but "I know it today." Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge. In the deposition, Dimon also repeatedly denied speaking about Epstein with Staley, who was friendly with Epstein. Staley has said he regrets his friendship with Epstein, but denied knowing about Epstein's alleged sex trafficking. Epstein died in 2019 in a Manhattan jail cell while awaiting trial on sex trafficking charges.

Persons: Morgan Chase, Mike Segar, Jeffrey Epstein, Jamie Dimon, Dimon, Epstein, Ghislaine Maxwell, Stephen Cutler, Jes Staley, Mary Erdoes, Cutler, David Boies, Jane Doe, JP Morgan, Staley, Erdoes, Niket, Luc Cohen, Saumyadeb Chakrabarty, Rosalba O'Brien Organizations: Co, New York City, REUTERS, JPMorgan Chase &, Reuters, U.S ., JPMorgan, Virgin, The New York Times, Thomson Locations: New York, U.S, U.S . Virgin Islands, Florida, Manhattan, Bengaluru

☆ Deutsche Bank to pay $75 mln to settle lawsuit by Epstein accusers
▼ + stars: | 2023-05-18 | by ( ) edition.cnn.com time to read: +3 min

Deutsche Bank AG has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. Epstein had been a Deutsche Bank client from 2013 to 2018. The Deutsche Bank case was led by an unidentified plaintiff, known as Jane Doe 1, who said Epstein sexually abused her from 2003 to 2018. Last September, Deutsche Bank agreed to pay $26.25 million to settle a US shareholder lawsuit accusing the bank of lax oversight while doing business with risky, ultra-rich clients like Epstein. The case is Jane Doe 1 v Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No.

☆ Deutsche Bank Will Pay $75 Million to Victims of Jeffrey Epstein
▼ + stars: | 2023-05-17 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

Deutsche Bank has agreed to pay $75 million to sexual abuse victims of Jeffrey Epstein to settle a lawsuit filed last year in Manhattan, according to the lawyers for the victims. The settlement, which must be approved by a federal judge, would resolve a proposed class-action suit that alleged the bank had helped enable the disgraced financier’s sex trafficking of young women by missing warning signs in Mr. Epstein’s accounts that he was engaged in wrongdoing. Dylan Riddle, a spokesman for the German bank, declined to comment on any proposed settlement. But in a statement, Mr. Riddle said the bank “has made considerable progress in remedying a number of past issues,” while investing in bolstering its internal controls. David Boies and Brad Edwards, the lawyers for the women who brought the case, said $75 million would be made available to the more than 125 victims of Mr. Epstein who previously obtained payouts from a restitution fund established by his estate after his death in 2019.

☆ Liz Holmes Wants You to Forget About Elizabeth
▼ + stars: | 2023-05-07 | by ( Amy Chozick | ) www.nytimes.com time to read: +3 min

Ms. Holmes said she believed that making herself the poster girl for women in tech put a huge target on her back. “I’m still thinking about the journalists being intimidated,” Ms. Holmes said after we’d moved on to several other topics. This kind of misguided talk is the one consistent thread in my reporting on who Ms. Holmes really is. In the waning days of Theranos, Ms. Holmes got a dog, a Siberian husky named Balto. It’s the same way Ms. Holmes kept hanging on at Theranos.

Law Firms Boies Schiller Flexner LLP FollowMay 1 (Reuters) - A lawyer in the Florida attorney general's office has left to join U.S. law firm Boies Schiller Flexner, the firm said Monday. Deputy Solicitor General Evan Ezray has rejoined the firm's Fort Lauderdale, Florida office as a partner, the firm said. Ezray previously worked at the law firm co-founded by prominent lawyer David Boies from 2017 to 2020, according to his LinkedIn profile. The solicitor general is the chief appellate attorney for the state of Florida and part of the Florida attorney general's office. Read more:Florida board to countersue DisneyU.S. appeals court upholds Florida voting law that judge found discriminatoryDisney sues Florida's DeSantis for 'weaponizing' governmentFlorida judge blocks Republican-backed voting law as discriminatoryOur Standards: The Thomson Reuters Trust Principles.

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