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Search resuls for: "Judge Hellerstein"


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The judge sided in part with the defense, ordering the government to force JP Morgan to release more evidence. AdvertisementAdvertisementA federal judge on Thursday ruled that prosecutors must compel JP Morgan to find more evidence that could help Charlie Javice, the founder of the financial aid startup Frank, in her defense in her criminal fraud trial. On Thursday, inside U.S. Federal Court in Manhattan, lawyers for Javice and a co-defendant argued for more documents from JP Morgan Chase. AdvertisementAdvertisementMeanwhile, a Delaware judge ruled that JP Morgan Chase is violating a commitment that it made upon acquiring Frank to pay a significant portion of Javice's legal bills. Her lawyers say that JP Morgan Chase owes them $835,000 of the around $3.8 million they have so far charged.
Persons: Charlie Javice, Frank founder's, JP Morgan, , JP Morgan Chase, Frank, Javice, Alex Spiro, Spiro, Dina McLeod, Alvin K, Hellerstein, Morgan Chase, Judge Hellerstein, Olivier Amar, Sean Buckley Organizations: Service, U.S, Federal, Javice Locations: Manhattan, Delaware
July 19 (Reuters) - A U.S. judge on Wednesday denied Donald Trump's bid to move from New York state court to federal court the criminal case against the former U.S. president stemming from a hush money payment to a porn star. Trump, the front-runner for the Republican presidential nomination in 2024, had argued the case belonged in federal court, claiming that the indictment related to his 2016 presidency and involved federal election law. U.S. District Judge Alvin Hellerstein in Manhattan bought none of his arguments. "The evidence overwhelmingly suggests that the matter was purely a personal item of the President -- a cover-up of an embarrassing event," Hellerstein wrote in a 25-page decision. In the hush-money case, Justice Juan Merchan of New York State Supreme Court in Manhattan has set a trial for March 2024.
Persons: Donald Trump's, Trump, reimbursements, Michael Cohen, Stormy Daniels, Alvin Hellerstein, Hellerstein, E, Jean Carroll, Juan Merchan, District Judge Hellerstein, Daniels, Stephanie Clifford, Karen Freifeld, Chris Reese, Leslie Adler, Jonathan Oatis Organizations: Republican, U.S, Trump, New York, Court, District, Thomson Locations: U.S, New York, Manhattan, New, York
Judge Hellerstein wrote that the evidence overwhelmingly suggested that the matter involved something personal to the president: “a cover-up of an embarrassing event.”“Hush money paid to an adult film star is not related to a president’s official acts,” he concluded in the order. “It does not reflect in any way the color of the president’s official duties.”A lawyer for Mr. Trump did not immediately respond to a request for comment. Mr. Trump’s effort to move the case was considered a long shot. Still, the order represents a significant victory for Mr. Bragg, who secured an indictment of the former president in March and whose case against him is scheduled for trial in March 2024. Judge Hellerstein seemed impressed by the strength of the evidence of the case, writing that Mr. Bragg’s prosecutors had strongly supported “their allegations that the money paid to Cohen was reimbursement for a hush money payment.”Mr. Trump, who is once again the front-runner for the Republican presidential nomination, was also indicted last month in federal court in Miami for mishandling classified documents and obstructing the government’s investigation into his conduct.
Persons: Hellerstein, , Trump, Mr, Bragg, Judge Hellerstein, Cohen Organizations: Republican Locations: Miami
Javice is accused of grossly exaggerating the numbers of customers she had before her sale to JP Morgan. After hat after the initial deception to JP Morgan Chase, Javice and Amar pivoted to another, Fergenson said. Javice and Amar presented it all in a spreadsheet to JP Morgan Chase, representing all of the names to be Frank users, Fergenson said. Javice's attorney, Alex Spiro, who has alleged that JP Morgan Chase is retaliating against his client for her exposure of their violating of privacy laws, objected. "The government is just regurgitating to the court JP Morgan Chase's civil lawsuit," he said.
Persons: Frank, Charlie Javice, Javice, JP Morgan, Olivier Amar, JP Morgan Chase, Mr, Amar, Micah F, Fergenson, Morgan Chase, Alvin K, Hellerstein, nodded, , Alex Spiro, Morgan, Judge Hellerstein Organizations: University of Pennsylvania's Wharton School of Business, Forbes, Fast Company, of, Securities and Exchange Commission Locations: Manhattan, Pennsylvania, Southern, of New York
The payment to a porn star, Stormy Daniels, was made on Mr. Trump's behalf by his former fixer, Michael D. Cohen, to buy her silence about a tryst she said she had with Mr. Trump. Once Mr. Trump was elected, he reimbursed Mr. Cohen. Mr. Bragg’s prosecutors have accused Mr. Trump of falsifying business records to disguise the purpose of the reimbursements. Mr. Trump’s lawyers would have had to convince Judge Hellerstein, who sits in Manhattan, that the accusations were related in some way to Mr. Trump’s official duties as president. At one point, in a phrase that echoed Mr. Colangelo, the judge said of Mr. Cohen that “he was hired as a private matter to take care of private matters.”
Persons: Stormy Daniels, Michael D, Cohen, Trump, Judge Hellerstein, Todd Blanche, Trump’s, Cohen —, , Matthew Colangelo, ” Judge Hellerstein, Colangelo, Mr, , Locations: Manhattan
Javice is accused of inflating the number Frank's users before she sold it to JPMorgan Chase. The charges represented a significant fall for one of the much-lauded young fintech founders. But within a year of selling Frank to JPMorgan Chase, the bank cried foul, claiming that the number of users had been wildly inflated. The complaint alleges that Javice bought names and email addresses from third parties and then represented them as Frank customers. Fergenson explained that Javice had made JPMorgan Chase, "believe that Frank had been an extremely successful start up."
Persons: Charlie Javice, Frank, Javice, JPMorgan Chase, Jarvis, Micah F, Fergenson, octogenarian, Alvin K, Morgan Chase, Judge Hellerstein, Alex Spiro Organizations: JPMorgan, Manhattan, Frank's, Forbes, U.S, Southern, of, Securities and Exchange Commission Locations: of New York
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