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WASHINGTON, Nov 7 (Reuters) - The U.S. Supreme Court on Monday rebuffed a bid by Bristol Myers Squibb Co's Juno Therapeutics Inc to reinstate a $1.2 billion award it won in its patent fight with Gilead Sciences Inc (GILD.O) subsidiary Kite Pharma Inc over a lymphoma drug. The justices turned away Juno's appeal of a lower court's ruling throwing out the award in the litigation over Kite's biologic drug Yescarta, in a case that could have repercussions for the cutting-edge biologic drug industry. Juno and Sloan Kettering Institute for Cancer Research sued Kite in 2017 in federal court in Los Angeles, accusing it of copying technology that the institute licenses to Juno. Juno and Sloan Kettering have told the Supreme Court that the Federal Circuit's decision to invalidate the patent and other rulings against biologic patents have been "devastating for innovation." On Nov. 4, the Supreme Court took up another patent case involving biologic drugs, agreeing to hear Amgen's bid to revive patents on its cholesterol drug Repatha.

NEW YORK, Nov 7 (Reuters) - The United States is seeking a forfeiture order for more than $1 billion in Bitcoin that was stolen from the Silk Road online marketplace in 2012, federal prosecutors in Manhattan said on Monday. Zhong on Friday pleaded guilty to wire fraud that tricked Silk Road's processing system into releasing the funds into his accounts. The Bitcoin was at the time worth more than $3 billion, but the value of the cryptocurrency has since lost about two-thirds of its value. Silk Road was seized by the U.S. government in 2013, when officials described the underground website as a massive illegal drug- and money-laundering marketplace. The website's creator Ross Ulbricht was convicted in 2015 of seven counts of enabling illegal drug sales via bitcoin.

[1/3] A man rides a scooter past the front of the U.S. Supreme Court building in Washington, U.S. September 30, 2022. The Supreme Court has a 6-3 conservative majority. Its conservative justices have signaled skepticism toward expansive regulatory power and the duty of judges, under Supreme Court precedent, to give deference to that authority. Axon sued the FTC in 2020 in federal court in Arizona following an investigation by the agency into its 2018 acquisition of Vievu, a rival body-camera provider. Cochran sued in 2019 to stop the enforcement action, like Axon contesting the SEC's in-house judges under Article II.

[1/2] SpaceX Chief Engineer Elon Musk gestures during a joint news conference with T-Mobile CEO Mike Sievert at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. REUTERS/Adrees LatifCompanies Twitter Inc FollowTesla Inc FollowWILMINGTON, Del., Nov 7 (Reuters) - As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. The disputed pay package allows Musk to buy 1% of Tesla's stock at a deep discount each time escalating performance and financial targets are met; otherwise Musk gets nothing. Does Elon Musk work for the board or does the board work for Elon Musk," said Minor Myers, a professor at UConn School of Law. Myers said if the pay package is rescinded, the board could simply create a new one and do so with McCormick's ruling to guide them.

A dispute arose over the price Fox would pay for a stake in the market-leading FanDuel app, leading to arbitration that began in the spring of 2021. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to betters. The growth of Fox Bet has stagnated since Flutter acquired Stars Group, the company that helped launch Fox Bet and owns and operates the app. Fox claimed that Flutter failed to provide reasonable resources behind Fox Bet, a claim Flutter said the arbitrator rejected, finding that Flutter had agreed to commit "commercially reasonable" resources behind the offering.

WASHINGTON, Nov 4 (Reuters) - The House of Representatives committee investigating the Jan. 6, 2021, attack on the U.S. Capitol by supporters of Donald Trump said on Friday it had given the former president until next week to begin producing documents requested under a subpoena. The Jan. 6 committee announced on Oct. 21 that it had sent a subpoena to Trump requiring documents be submitted by Nov. 4 and for him to appear for deposition testimony beginning on or about Nov. 14. The panel said then it had "overwhelming evidence … that (Trump) personally orchestrated" an effort to overturn the 2020 presidential election. Reporting by Patricia Zengerle Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Companies Chevron Corp FollowNov 4 (Reuters) - The Contra Costa County District Attorney on Friday said it has reached a settlement with Chevron Corp (CVX.N) over a diesel spill into the San Francisco Bay from the company's 245,271 barrel-per-day Richmond, California refinery last year. Officials did not release financial details of the settlement, and Chevron was not immediately unavailable for comment. "Corporations must be held strictly liable for any discharges of diesel into San Francisco Bay," said District Attorney Diana Becton in a statement. Around 757 gallons of a diesel water mixture leaked into the bay at the Richmond Refinery Marine Terminal in February last year. Some provisions in the judgment mandate Chevron implement various prevention and response measures to address and mitigate the identified hazards discovered in the investigation.

Nov 4 (Reuters) - Fox Corp (FOXA.O) said an arbitrator on Friday reaffirmed its right to acquire a nearly one-fifth stake in FanDuel, settling a longstanding dispute with the betting app's owner, Flutter Entertainment Plc (FLTRF.L). The New York-based Judicial Arbitration and Mediation Services also settled a dispute over the price to exercise that option. Fox has a 10-year option to acquire an 18.6% stake of FanDuel for $3.7 billion. In April 2021, Fox filed its lawsuit against the Irish gaming company, seeking to secure its option to buy an stake in the market-leading FanDuel app. The arbitrator Friday settled on an option price based on a $20 billion valuation for FanDuel.

Nov 4 (Reuters) - Fox Corp (FOXA.O) said an arbitration court on Friday reaffirmed its right to acquire a nearly one-fifth stake in FanDuel, settling a longstanding dispute with the betting app's parent company, Flutter Entertainment Plc (FLTRF.L). The court also settled a dispute over the price to exercise that option. Fox has a 10-year option to acquire an 18.6% stake of FanDuel for $3.7 billion. Reporting by Dawn Chmielewski; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

The justices took up Amgen's appeal of the lower court ruling that threw out the Repatha patents. Amgen and other drugmakers have called the case a test of their ability to earn and defend patents for important drugs. Amgen first sued Regeneron and Sanofi in 2014 over their rival drug Praluent, which works by a similar mechanism as Repatha. Thousand Oaks, California-based Amgen sold more than $1.1 billion worth of Repatha worldwide last year. Regeneron sold $170 million worth of Praluent in the United States last year, and Sanofi sold over $200 million worth in the rest of the world.

[1/2] The U.S. Supreme Court building is seen in Washington, U.S., June 26, 2022. The Senate has the authority to confirm a president's nominees to the federal judiciary including the Supreme Court. Biden's Republican predecessor Donald Trump put a major emphasis on getting judicial nominations confirmed as he worked to move the judiciary rightward. If Democrats retain control, Biden has a chance to match or surpass Trump's mark of having 234 judicial nominees confirmed over four years. Circuit courts are the regional federal appellate courts one step below the Supreme Court.

Nov 4 (Reuters) - Twitter was sued over Elon Musk's plan to lay off about half of its workforce, Bloomberg News reported on Friday, citing a class-action lawsuit filed in a San Francisco federal court. Twitter employees say the company is eliminating workers without enough notice in violation of federal and California law, the report said. Reporting by Shivani Tanna in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.

Nov 3 (Reuters) - A state court in Washington has temporarily blocked Albertsons Companies Inc (ACI.N) from paying a $4 billion dividend to shareholders before the grocery chain closes its proposed deal with rival Kroger Co (KR.N), documents filed said on Thursday. Kroger Co (KR.N) snapped up Albertsons in a $25 billion deal in last month's mega merger between the No. "By eliminating its cash-on-hand and nearly doubling its debt, Albertsons will be in a weakened competitive position relative to Kroger, thereby harming grocery consumers and workers throughout Washington," State Court Commissioner Henry Judson wrote in issuing the temporary restraining order. Washington State Attorney General Bob Ferguson called the temporary order a "huge victory". In its statement, Albertsons said on Thursday the court order was based on the "incorrect assertion" that the dividend payout would weaken its competitiveness while antitrust agencies review the proposed merger.

Nov 3 (Reuters) - Washington's King County court has granted a nationwide temporary restraining order, blocking grocery chain Albertsons Companies Inc's (ACI.N) $4 billion dividend payment, State Attorney General Bob Ferguson tweeted on Thursday. loading"We'll be back in court Nov. 10 seeking an injunction to keep the dividend on hold while our lawsuit continues," Ferguson said in a tweet. Supermarket operator Kroger Co (KR.N) snapped up Albertsons in a $25 billion deal last month, to better compete against U.S. grocery industry leader Walmart Inc on prices. Ferguson filed a lawsuit on Tuesday to block Albertsons from paying dividends to shareholders before closure of its proposed merger with Kroger. The attorneys general of Washington D.C., California and Illinois also filed a lawsuit on Wednesday in a federal court seeking to block the dividend payment alleging that the proposed dividend was in violation of federal and state antitrust laws by rendering Albertsons less able to compete effectively with other supermarkets.

Barrack was also acquitted of obstruction of justice and making false statements to FBI agents in 2019 about his interactions with Emirati officials and their representatives. Barrack raised money for Trump during the 2016 campaign and chaired Trump's 2017 inaugural committee. Also receiving a pardon was Paul Manafort, Trump's 2016 campaign chairman, who had been found guilty in 2018 of financial wrongdoing and sentenced to 7-1/2 years in prison. During his testimony, Barrack told jurors he never agreed to be a UAE agent or asked Trump for a pardon. Barrack's lawyers acknowledged that he sometimes sought feedback from Emirati officials, but that any impact on U.S. policy or public opinion was insignificant.

In October a federal judge sentenced the 68-year-old political strategist to four months in prison. The judge, who also fined him $6,500, allowed him to defer serving his sentence while he pursued appeals. Bannon, who served as Trump's chief White House strategist in 2017, helped articulate the "America First" populism and stout opposition to immigration that in part defined Trump's presidency. Bannon has also played an instrumental role in conservative media and has promoted right-wing causes and candidates in the United States and abroad. Reporting by Dan Whitcomb Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

CompaniesCompanies Law firms Telefonaktiebolaget LM Ericsson FollowVonage Holdings Corp FollowWASHINGTON, Nov 3 (Reuters) - Communications firm Vonage agreed to pay $100 million to resolve a Federal Trade Commission (FTC) lawsuit that alleged it had failed to provide a simple method for customers to cancel their telephone services, court documents filed Thursday show. Vonage, which was acquired by Ericsson (ERICb.ST) earlier this year in a $6.2 billion deal, had employed hurdles to deter and prevent customers from stopping recurring charges, the FTC said in filing a lawsuit and proposed settlement in U.S. District Court in New Jersey. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.

Nov 3 (Reuters) - An Indiana doctor who performed an abortion on a 10-year-old Ohio rape victim sued Indiana's attorney general on Thursday, demanding an end to investigations seeking medical records about patients and their abortions. An Ohio man has been indicted for raping the girl and is due to go on trial early next year. The girl was referred to Bernard because the Supreme Court ruling triggered a strict Ohio law barring her from an in-state abortion. "The Attorney General and the Director will continue to initiate sham investigations of Plaintiffs unless enjoined by the Court," said the lawsuit filed in Marion Superior Court. Besides the case involving the 10-year-old girl, subpoenas were issued in a separate complaint involving Caldwell, Bernard's medical partner.

Nov 3 (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid by a businessman to block his extradition to South Korea to face embezzlement charges that stemmed from a 2014 ferry sinking that killed 304 people. He also is known as Keith Yoo. Sotomayor is the justice assigned to review emergency appeals from a group of states that include New York, where Yoo's extradition case had been pending. "We are disappointed the Supreme Court denied our motion to stay Keith Yoo's extradition pending resolution of his appeal," his lawyer Shawn Naunton said in a statement. Yoo's lawyers had argued that the U.S. State Department - not judges - should decide whether South Korea waited too long to seek Yoo's extradition under its 1998 treaty with the United States.

But the door knockers didn't explain where to vote or promote a candidate, the usual work of canvassers ahead of a big election. At another, they listed names of registered voters and demanded to know if they still lived at the address. In at least one state, Michigan, they plan to use their list of alleged irregularities to challenge voters in the Nov. 8 election. Reuters identified at least 23 state-wide or local efforts where canvassers may have crossed the line into intimidation, according to election officials and voting rights lawyers. This August, people affiliated with USEIP were also canvassing in La Plata County, according to the county clerk.

Companies Teva Pharmaceutical Industries Ltd FollowNov 3 (Reuters) - Teva Pharmaceuticals (TEVA.TA) will pay up to $4.2 billion in the United States to settle claims related to its role in fueling the country's opioid crisis, New York Attorney General Letitia James said on Thursday. The company will pay $523 million to New York state to settle claims in the state, James said. Reporting by Leroy Leo in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Companies SolarWinds Corp FollowNov 3 (Reuters) - The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp (SWI.N) over its public statements on cybersecurity and procedures governing such disclosures, the software firm said on Thursday. SolarWinds said Thursday it had received a Wells notice from the SEC alleging the company violated U.S. securities law "with respect to its cybersecurity disclosures and public statements, as well as its internal controls and disclosure controls and procedures." SolarWinds said it will respond to the notice, and "maintains that its disclosures, public statements, controls and procedures were appropriate." Investors sued SolarWinds in 2021, alleging the company and two executives touted cybersecurity measures publicly while prioritizing cost cutting and profit for SolarWinds' two largest investors. The case is Bremer v. SolarWinds Corp et al., No.

REUTERS/Andrew Kelly/Companies Trump Organization Inc FollowNEW YORK, Nov 3 (Reuters) - A New York judge on Thursday ordered that an independent watchdog be appointed to oversee the Trump Organization before a civil fraud case by the state's attorney general against Donald Trump's company goes to trial. Last month, James asked the Manhattan-based judge to appoint an independent monitor to halt ongoing fraud at the company and keep the Trumps from transferring assets out of her reach. In a statement, the Trump Organization objected to "political persecution" by James, a Democrat, ahead of the Nov. 8 midterm elections. He said James had no legal authority to challenge how Trump valued his properties, calling it a private matter between Trump's company and its lenders and insurers. The Trump Organization manages hotels, golf courses and other real estate around the world.

☆ Jury weighs whether Trump ally Barrack was a foreign agent and lied about it
▼ + stars: | 2022-11-02 | 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

[1/3] Tom Barrack watches jury selection in a courtroom sketch in New York City, U.S. September 19, 2022. Tom Barrack, a private equity executive and onetime fundraiser for former President Donald Trump is charged with acting as a foreign agent without notifying the U.S. government as required. Barrack, 75, is also accused of obstruction of justice and making false statements to FBI agents in 2019 about his interactions with Emirati officials and their representatives. Barrack testified in his own defense during the trial, telling jurors he never agreed to be a UAE agent. Sam Nitze, a prosecutor, countered in a rebuttal that Emirati officials were "thrilled" at Barrack's comments about the country and its leaders during television interviews.

A lawyer for CBS, now known as Paramount Global (PARA.O), said the company has tentatively agreed to pay $7.25 million and Moonves would pay $2.5 million to shareholders. Neither the company nor Moonves will admit wrongdoing as part of the settlement. Lawyers for CBS, Moonves and the shareholders did not immediately respond to requests for comment. CBS and Moonves agreed in April to pay $14.75 million to settle the shareholder case, which alleged they initially hid the misconduct allegations while publicly supporting the #MeToo movement. In December 2018, CBS said it had fired Moonves for cause and withheld his $120 million severance package.

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