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☆ Harvey Weinstein will be retried in New York after rape conviction overturned
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: +2 min

Harvey Weinstein uses a walker as he arrives at the Manhattan Criminal Court, on January 7, 2020 on the second day of his criminal trial on charges of rape and sexual assault in New York City. Harvey Weinstein will be retried in New York, the Manhattan District Attorney's Office said on Wednesday, a week after the state's highest court threw out his 2020 rape conviction. Weinstein, 72, had been serving a 23-year sentence in a prison in upstate Rome, New York. The conviction included charges of first-degree sexual assault and third-degree rape. Weinstein was also sentenced to 16 years following his separate rape trial in California.

Persons: Harvey Weinstein, Weinstein, Judge Curtis Farber, Juda Engelmayer, Miriam Haley, Jessica Mann, James Burke, Burke, Curtis Farber, Love Organizations: Manhattan Criminal, Manhattan, Attorney's, Bellevue Hospital, New, Appeals, Miramax Locations: New York City, New York, Rome , New York, Bellevue, Manhattan, California, York

☆ Harvey Weinstein’s 2020 rape conviction overturned by New York appeals court
▼ + stars: | 2024-04-25 | by ( Minyvonne Burke | ) www.cnbc.com time to read: +2 min

Former film producer Harvey Weinstein appears in court at the Clara Shortridge Foltz Criminal Justice Center in Los Angeles, California, October 4, 2022. Harvey Weinstein's 2020 rape conviction was overturned Thursday in New York, making way for a new trial. The court called the errors "egregious" and ordered a new trial, meaning his accusers could again be called to testify. "This Court has continued a disturbing trend of overturning juries' guilty verdicts in cases involving sexual violence," Singas wrote. The charges came to light in 2017 following investigative reports published by The New York Times and The New Yorker.

Persons: Harvey Weinstein, Clara Shortridge Foltz, Harvey Weinstein's, uncharged, Madeline Singas, Singas, Juda, Weinstein, Engelmayer Organizations: Clara Shortridge Foltz Criminal, Center, Appeals, NBC News, The New York Times, Yorker Locations: Los Angeles , California, New York, California, Los Angeles

☆ Details about Jane Street's top secret, $1 billion trade revealed in court
▼ + stars: | 2024-04-19 | by ( Alex Morrell | ) www.businessinsider.com time to read: +9 min

Lawyers also revealed that the trade earned Jane Street $1 billion last year and was on pace to earn even more for the firm this year. Jane Street worried about extinguishing the trade's viability, Brown said, intentionally leaving short-term profits on the table to maintain its long-term viability. But the company's profits from the strategy plummeted in the month after the traders joined Millennium, Jane Street says, falling 50% in March. Engelmayer denied the temporary restraining order, saying Jane Street did not establish irreparable harm. Jane Street may believe irreversible harm has already taken place, given its desire to keep details of the trade secret, including the country it operates in.

Persons: —, Jane Street, Paul Engelmayer, pilfered, Doug Schadewald, Daniel Spottiswood, Jane, Deborah Brown, Quinn Emanuel, Engelmayer, Brown, Spottiswood, Andrew Levander, Levander, Jane Street's, Rollo Baker, Elsberg Baker, Maruri, Judge Engelmayer, Baker Organizations: Service, Management, Business, Millennium, Jane Street, Bloomberg Locations: Manhattan, India, Schadewald

“It’s unbelievable that 80 years after Nazi times, we go back to such times and have antisemitic acts here, in the center of Europe,” Engelmayer told CNN. “That’s not the life we want.”Swastikas were sprayed on the walls outside the Vienna cemetery. Georg Hochmuth/APA/AFP/Getty Images‘The scale is completely different’The spike in antisemitic attacks in Europe has been wide-reaching. In London, the first week after Hamas’ attacks saw a 1,353% rise in antisemitic incidents, the Metropolitan Police reported. Not to go to places which are considered Jewish, like a synagogue.”But alongside the fear, the rise in antisemitic incidents has been met with defiance.

Persons: Austria CNN —, Rabbi Jaron Engelmayer, ” Engelmayer, Oskar Deutsch, ” Deutsch, ”, “ That’s, Georg Hochmuth, Gérald Darmanin, Robert Habeck, Menachem Margolin, “, Rabbi Engelmayer, Karl Nehammer, Tal Yeshurun, Yeshurun, ” Yeshurun, there’s, Annegret Hilse, “ We’re Organizations: Austria CNN, CNN, Wednesday, Nazi, Jewish, AFP, Getty, Metropolitan Police, European Jewish Association, ” Locations: Vienna, Austria, tatters, Europe, Israel, London, Germany, France, United States, Dublin, Ireland, Berlin, “

☆ Coinbase jumps 20% after federal securities suit dismissed
▼ + stars: | 2023-02-02 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Coinbase shares surged after a Manhattan federal judge dismissed a class-action suit against the cryptocurrency exchange Wednesday in a rare crypto legal victory. The plaintiffs had also claimed that Coinbase's marketing showed an effort to solicit a sale of securities. The suit was filed in October 2021 and implicated Coinbase CEO Brian Armstrong as the primary "control person" at the exchange. It comes as Securities and Exchange Commission Chair Gary Gensler aggressively pursues actions in the crypto space in part by arguing they represent securities offerings. Earlier this year, Gensler announced a joint enforcement action against crypto exchange Gemini and the now-bankrupt crypto lender Genesis Trading.

☆ Coinbase wins dismissal of lawsuit claiming it sold unregistered securities
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Feb 1 (Reuters) - A U.S. judge on Wednesday dismissed a lawsuit accusing Coinbase Global Inc (COIN.O) of selling unregistered securities and failing to register as a broker dealer. U.S. District Judge Paul Engelmayer in Manhattan rejected claims in the proposed class action by customers who transacted in digital assets known as tokens on the Coinbase and Coinbase Pro trading platforms. Engelmayer dismissed claims brought under federal securities laws with prejudice, meaning they cannot be brought again, and state law-based claims without prejudice. Lawyers for the customers, Coinbase and the company's lawyers did not immediately respond to requests for comment. Reporting by Jonathan Stempel in New York; Editing by Chris Reese and Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

☆ Ex-CFO pleads guilty to stealing from SPACs to trade meme stocks, cryptocurrencies
▼ + stars: | 2023-01-03 | by ( Jonathan Stempel | Industry Insight | Saw Law Firms Move Past The Pandemic Into A More Client-Focused Service Environment | ) www.reuters.com time to read: +2 min

Companies African Gold Acquisition Corp FollowNEW YORK, Jan 3 (Reuters) - A former chief financial officer of multiple special purpose acquisition companies (SPACs) has pleaded guilty to embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies. Cooper Morgenthau, 35, of Fernandina Beach, Florida, pleaded guilty to one count of wire fraud on Tuesday before U.S. District Judge Paul Engelmayer in Manhattan federal court. African Gold said at the time it terminated Morgenthau after learning about his "improper withdrawals" and attempts to conceal them. In pleading guilty, Morgenthau "admitted that he breached the trust that he owed to his public and private investors," U.S. Attorney Damian Williams in Manhattan said in a statement. Reporting by Jonathan Stempel in New York Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Gavin Newsom, is set to testify in the sexual assault trial of disgraced movie producer Harvey Weinstein in Los Angeles, her attorneys told CNN Monday. After he was found guilty in New York, the once-powerful movie mogul was moved to Los Angeles, where he’s been serving his prison sentence. In Los Angeles, Weinstein faces multiple sexual assault charges that he has pleaded not guilty to last year, including four counts of rape, four counts of forcible oral copulation, sexual penetration by force and sexual battery by restraint in incidents dating from 2004 to 2013. Jury selection for Weinstein’s trial began Monday in Los Angeles County Superior Court. As the trial in Los Angeles is set to get underway, Weinstein has maintained his innocence and denied all allegations against him.

☆ Anna Sorokin: Real-life 'Inventing Anna' released from jail
▼ + stars: | 2022-10-07 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +4 min

CNN —Anna Sorokin, the fake heiress Netflix’s “Inventing Anna” is based on, was released from ICE detention on Friday. The judge’s ruling also said ICE may use an ankle monitor to keep tabs on Sorokin. A spokesman for ICE said Sorokin was being released Friday after the judge’s ruling. Sorokin was released from jail in February 2021 after serving nearly four years on theft and larceny charges. Earlier this year an attorney representing Sorokin told NBC News that he feared her deportation when he couldn’t reach her, but word later emerged that she was still in ICE custody.

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