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☆ Short-seller sends Globe Life shares plunging 53% as insurance giant calls report 'defamatory,' threatens legal action
▼ + stars: | 2024-04-12 | by ( Susan Antilla | ) www.businessinsider.com time to read: +12 min

Read previewShares of insurance giant Globe Life Inc. plunged 53% today and trading was halted eight times after a short-seller issued a damning narrative on the company. (Globe Life, AIL, and the other defendants denied the allegation in a legal filing.) Meanwhile, Warren Buffett's Berkshire Hathaway sold all 6.35 million shares of Globe Life stock the investor once held. In his April 3 presentation to investors, Koppikar called Globe Life "a dead-end pyramid scheme." He predicted that the DOJ investigation will hinder recruiting, "which is the lifeblood for pyramid schemes like Globe Life."

Persons: —, Arias, Panda, Fuzzy Panda, Steve Greer, Dave Zophin, Trina Orlando, Renee Zinsky, Zinsky, AIL, Simon Arias, Michael Russin, Amy Williamson, Zinsky's, Russin, Warren Buffett's Berkshire Hathaway, John Kane, Matthew D, Williamson, wasn't, I'm, Michael Clark, Renee, Jennifer Haworth, Abeni Mayfield, Susan Antilla, Orlando, Nate Koppikar, Haworth, J, Matthew Darden, Russin's, Koppikar Organizations: Service, Inc, Business, BI, Organization, Globe, AIL, Arias Organization, Agencies, Opportunity, Department of Justice, Globe Life, Russin, AAA, Orlando, Alpha, Reuters, DOJ Locations: Globe's, Pittsburgh, Columbia , Maryland, Mayfield, Arias

Trump is aiming to wrest control of the RNC by muscling Whatley through in an orchestrated ouster of the organization's current chair, Ronna McDaniel. Yet for much of his professional life, Whatley's political sensibilities appeared to align far more closely with the party’s mainstream and corporate establishment. Later, he clerked for a federal judge in North Carolina before departing for Washington as Bush campaigned for the presidency. And a lot of people in North Carolina don’t think he was elected fair,” said Anderson Clayton, chairwoman of the North Carolina Democratic Party. Art Pope, a North Carolina businessman and major conservative donor, said Whatley was well-equipped to lead the organization.

Persons: Michael Whatley, Donald Trump zeroed, Whatley, Trump, George W, Bush, “, ”, John Kane Jr, MAGA, muscling Whatley, Ronna McDaniel, Joe Biden, Sigal Chattah, Whatley's, Jesse Helms, ” Whatley, Sen, Elizabeth Dole, HBW, Anderson Clayton, Pope, Donald Trump's Organizations: WASHINGTON, Republican National Committee, North, North Carolina GOP, longtime Washington, RNC, Trump, McDaniel’s, Watauga High School, Notre Dame, Republicans, Conservative Political, Department of Energy, North Carolina Republican, Patriot, Resources, Keystone XL, U.S, Consumer Energy Alliance, Chevron, ExxonMobil, British Petroleum, North Carolina Republican Party, Republican Party, North Carolina Democratic Party, Democratic National Committee, Republican National Locations: North Carolina, Whatley's, Nevada, Notre, Washington, Broward County , Florida, Bush's, Alberta, Canada, Ohio , Wisconsin, South Carolina, Carolina

☆ A judge has resigned after sending 500 texts during a toddler's murder trial in which she mocked a prosecutor, jury members, and witnesses
▼ + stars: | 2024-02-10 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

An Oklahoma judge resigned after she was caught sending hundreds of texts during a murder trial. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Oklahoma judge has stepped down after she was caught sending hundreds of text messages while presiding over a murder trial concerning the death of a two-year-old boy. AdvertisementThe move to oust Soderstrom came about after the Oklahoman published 50 minutes of security footage, which showed Soderstrom sending messages for minutes while in the courtroom. AdvertisementWhen the deceased child’s mother took the stand as the prosecution’s key witness, she sent a text saying: “Can I please scream ‘liar, liar?

Persons: —, Traci Soderstrom, Braxton Danker, Khristian Martzall, John Kane IV, Soderstrom, ’, “, child’s, ” Organizations: Service, Associated Press, Oklahoma Supreme, AP, Oklahoman Locations: Oklahoma, Lincoln County

OKLAHOMA CITY (AP) — An Oklahoma judge who sent more than 500 texts to her bailiff during a murder trial will resign, according to a court filing. In a proposed settlement agreement filed Thursday with the Oklahoma Court on the Judiciary, District Judge Traci Soderstrom agreed to resign on Friday and never again seek a judicial office in Oklahoma. Soderstrom, who was elected in November 2022 and took office on Jan. 9, 2023, voluntarily suspended herself in October. However, being human, I have also faltered.”The judge’s texts during Martzall's trial on a charge of killing his girlfriend's 2-year-old son included saying the prosecutor was “sweating through his coat,” according to Kane’s petition. The texts described the defense attorney as “awesome” and asked “can I clap for her?” during the defense attorney’s opening arguments.

Persons: —, Traci Soderstrom, John Kane IV, Khristian Tyler Martzall, Soderstrom, “, ” Soderstrom, ” Kane, Martzall Organizations: OKLAHOMA CITY, Oklahoma Court, Judiciary, Oklahoma Supreme Locations: — An Oklahoma, Oklahoma, Chandler, Oklahoma City

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