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Chief Justice John Roberts effectively paused the dispute on Nov. 1, preventing the committee from obtaining Trump's returns while the court considered the matter. House Democrats have said they need to see Trump's tax returns to assess whether the Internal Revenue Service is properly auditing presidential returns and to gauge whether new legislation is needed. The committee's purpose is "exposing President Trump's tax information to the public for the sake of exposure," the lawyers added. The committee in its request invoked a federal law that empowers its chairman to seek any person's tax returns from the IRS. "A long line of Supreme Court cases requires great deference to facially valid congressional inquiries.
But for many people, salary negotiations are hard to navigate. Brian Armstrong is the CEO of Coinbase, which recently announced that it was banning salary negotiations. If salary negotiations are prohibited, they said, there have to be other measures in place to ensure that every worker is paid fairly. Salary negotiations will always be challenging for some — if not most — of usRestructuring salary negotiations won't necessarily make the act of asking for more money easier right away. Still, she understands that salary negotiations can get contentious, and she emphasized that the positive dynamic between employer and employee is important to preserve.
CompaniesCompanies Law firms Credit Suisse Securities (europe) Limited Follow(Reuters) - Credit Suisse can know who is behind a lawsuit accusing it of fraud in connection with the purchase of more than $100 million of notes, a London court ruled on Thursday. Credit Suisse declined to comment. But Credit Suisse contends that German state-owned lender KfW – which rescued IKB in 2007 and is said by Credit Suisse to be directing the litigation – knew enough about any alleged wrongdoing to bring a claim before 2012. 30 Limited v Credit Suisse Securities (Europe) Limited and others, CA-2022-001108. For Loreley: Tim Lord and Fred Hobson of Brick Court Chambers, and RPCFor Credit Suisse: Tamara Oppenheimer and Adam Sher of Fountain Court Chambers, and Cahill Gordon & ReindelOur Standards: The Thomson Reuters Trust Principles.
A conflict could arise in the future, if, for example, Aearo and 3M disagreed about the terms of a future settlement, Graham said. If that happened, Kirkland could face disqualification, loss of fees, or even potentially the dismissal of Aearo's bankruptcy case, according to the judge. Kirkland has defended 3M in the MDL, and it represents Aearo in the bankruptcy case that was meant to spur a settlement of the earplug lawsuits. The plaintiffs and the U.S. Department of Justice's bankruptcy watchdog sought to disqualify Kirkland from representing Aearo in the bankruptcy, saying it could not faithfully serve both Aearo and 3M. The case is Aearo Technologies LLC, U.S. Bankruptcy Court for the Southern District of Indiana, No.
Jack Rives in 2010 became executive director of the ABA, the nation’s largest voluntary bar association, overseeing an operation that now has 166,000 dues-paying members and a staff of more than 1,000. The ABA said deputy executive director Alpha Brady will take over temporarily from Rives while it seeks a permanent replacement. He also eliminated $42 million in annual expenses by restricting the ABA staff and reducing other operating expenses, it said. The group lost about 56,000 dues-paying members between 2009 and 2019, prompting it to overhaul its membership structure that year in a bid to make it less complex, more affordable, and more appealing to lawyers. Attracting members remains a top priority, Rives told the ABA’s House of Delegates when it met in August.
NEW YORK, Nov 10 (Reuters) - Citigroup Inc (C.N) is in talks to end litigation against hedge funds and investment firms that it mistakenly paid about $500 million on a loan owed by Revlon Inc (REVRQ.PK), billionaire Ronald Perelman's now-bankrupt cosmetics company. Both sides had been expected to apprise U.S. District Judge Jesse Furman in Manhattan on their next steps in the case by Nov. 10. Others refused, saying Citigroup paid what they were owed and noting that Perelman had bailed out Revlon before. Circuit Court of Appeals in Manhattan said it would improperly leave them with a "huge windfall" and returned the case to Furman. The case is In re Citibank August 11, 2020 Wire Transfers, U.S. District Court, Southern District of New York, No.
REUTERS/Brendan McDermid/File PhotoNov 10 (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid to prevent New York City from enforcing its COVID-19 vaccine mandate for municipal workers against a group teachers, firefighters and others who challenged the policy. The court as a whole in June refused to take up a religious challenge to New York state's vaccine mandate for healthcare workers. New York City in August 2021 ordered employees in the largest U.S. public school system to be vaccinated against COVID-19. Among the plaintiffs' claims is opposition to any COVID-19 vaccine whose testing or development relied on cell lines from aborted fetuses. Reporting by Andrew Chung in New York; Editing by Will Dunham and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
Nov 10 (Reuters) - Conspiracy theorist Alex Jones must pay $473 million in punitive damages for his defamatory claims about the 2012 Sandy Hook mass shooting, a Connecticut judge ruled on Thursday. On Dec. 14, 2012, a gunman murdered his mother, then killed 20 children and six staff members at Sandy Hook Elementary School before killing himself. Some experts doubt the move will offer much protection for Jones’ assets, even if he is not able to pay the full judgments against him. The Sandy Hook families have intervened in the case, urging a judge to freeze Free Speech Systems' assets and investigate its finances. They claim Jones pulled $62 million from the company while burdening it with $65 million in “fabricated” debt.
"I just felt this was politically motivated," McConney told jurors on Thursday of how prosecutors treated him before he decided to stop cooperating. Mazars severed ties with the Trump Organization in February after publicly questioning "discrepancies" in the Trump Organization's finances. Steinglass also elicited more testimony from McConney on what the prosecutor called a 2017 "clean up" of the company's books. "Nobody told me specifically," McConney said, "that this change was because Mr. Trump became President Trump. Prosecutors must prove that Trump's company was in on Weisselberg's admitted tax-fraud efforts.
A federal jury in 2009 had found the businessman, Thomas Petters, guilty of orchestrating a $3.65 billion Ponzi scheme, and he was sentenced to 50 years in prison. Those sums became unavailable for repayment to creditors when the fraud was uncovered in 2008, a trustee said in a lawsuit. The jury found the count against the bank which had alleged that the bank's unit "substantially assisted or encouraged" the businessman Petters to commit the breach. As part of the provision, Bank of Montreal said it would book an after-tax charge of C$830 million during the fourth quarter. ($1 = 1.3426 Canadian dollars)Reporting by Shubham Kalia and Shivani Tanna in Bengaluru; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Nov 8 (Reuters) - A U.S. federal court on Tuesday denied requests to temporarily block Albertsons Companies Inc's (ACI.N) $4 billion dividend payment to shareholders before closing of the proposed merger with Kroger Co , but the payout remained blocked due to another court order. The federal court in Washington D.C. denied issuing a restraining order in the case, which was filed by the attorneys general of California, Illinois and Washington D.C and sought to block the payout until antitrust reviews of the proposed merger were completed. The lawsuit filed by attorneys general of Washington D.C., California and Illinois argued the same. Kroger snapped up Albertsons in a $25 billion deal in last month's mega merger between the No. "People living in poverty will suffer most of all—not only because of skyrocketing prices as competition vanishes, but through probable store closures," the groups said, adding the "unusual" $4 billion dividend to shareholders should be investigated.
The settlement, first reported by Reuters in June, covers 2005 through 2020 model year Porsche vehicles. Owners accused the automaker of physically altering test vehicles that affected emissions and fuel economy results. "We are committed to providing our customers with transparent fuel economy and emissions data, and the agreement ensures that customers are fairly reimbursed for any fuel economy changes," it added. Under the settlement, owners of Porsche vehicles with "Sport+" driving mode that exceeded emissions limits when driven in that mode will get an additional $250 when they complete emissions repair software updates that will reduce vehicle emissions. The total U.S. settlement could be worth $85 million depending on how many vehicle claims are submitted.
REUTERS/Mark Blinch/File PhotoNEW YORK, Nov 9 (Reuters) - A U.S. judge on Wednesday has blocked the rappers Drake and 21 Savage from using fake copies of Vogue magazine to promote their new album. Conde Nast said Drake and 21 Savage had no permission to create the counterfeit magazine, which features them on the cover, to promote their album "Her Loss," or suggest Vogue's longtime editor-in-chief Anna Wintour supported them. Wednesday's order requires Drake, a Toronto native, and 21 Savage, from Atlanta, to stop distributing the fake magazine and cover, including on social media. Conde Nast said the defendants distributed the bogus Vogue issue in major metropolitan areas, with posters plastered on streets and buildings. The publisher, also known as Advance Magazine Publishers Inc, is seeking at least $4 million in damages.
[1/2] The iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max are displayed at the Apple Fifth Avenue store, in Manhattan, New York City U.S. September 16, 2022. REUTERS/Andrew Kelly/File PhotoNov 9 (Reuters) - Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O) were accused in an antitrust lawsuit on Wednesday of conspiring to drive up iPhone and iPad prices by removing nearly all other resellers of new Apple products from Amazon's website. Prices rose more than 10%, while Apple stabilized the prices it charged in retail stores, the complaint said. The combined product revenue of Cupertino, California-based Apple and Seattle-based Amazon topped $125 billion in this year's third quarter. Last month, an Italian administrative court scrapped a 173.3 million euro ($173.6 million) fine against Apple and Amazon by Italy's antitrust regulator for alleged price collusion.
WASHINGTON, Nov 9 (Reuters) - U.S. basketball star Brittney Griner was transferred last week from a detention center outside the Russian capital and is on her way to a penal colony, her legal team said on Wednesday. She was sentenced on Aug. 4 to nine years in a penal colony on charges of possessing and smuggling drugs. Griner had pleaded guilty but said she had made an "honest mistake" and had not meant to break the law. The souring of ties between Russia and the West has complicated the talks to secure Griner's release. Biden's national security adviser Jake Sullivan, in an earlier statement, described Griner's conditions as "intolerable" and the trial she had to go through as "another sham judicial proceeding."
REUTERS/Dado Ruvic/Illustration/File PhotoCompanies Mars Inc FollowNov 8 (Reuters) - A California man who claimed Skittles are "unfit for human consumption" because they contained a known toxin has dismissed his federal lawsuit against Mars Inc, the candy maker. Jenile Thames voluntarily dismissed his case on Monday, according to a filing by his lawyers in Oakland, California. read moreThough many foods contain titanium dioxide to add color, various studies have over the years questioned its safety. Mars, based in McLean, Virginia, on Sept. 30 sought to dismiss Thames' lawsuit. It said its use of "small amounts" of titanium dioxide did not harm the plaintiff, and complied with U.S. Food and Drug Administration regulations.
Nov 8 (Reuters) - Peloton Interactive Inc (PTON.O) and rival Echelon Fitness on Tuesday said they had settled all pending litigation between them, more than three years after Peloton sued the Tennessee-based fitness company for patent infringement. Echelon has agreed to stop using Peloton's patented leaderboard technology in on-demand classes, the companies said in a statement. Peloton, known for its exercise bikes with live-streaming and on-demand group workouts, had filed the lawsuit against Echelon Fitness in 2019 alleging it infringed Peloton's patents and sold "cheap, copycat" products. Peloton escalated the dispute in 2021 by filing another lawsuit for allegedly copying its remote-workout technology. Peloton was all the rage among fitness enthusiasts during COVID-19 lockdowns, but with people returning to gyms, the company saw demand for its fitness equipment dwindle.
Companies Theranos Inc FollowNov 8 (Reuters) - Theranos founder Elizabeth Holmes' request for a new trial was denied by a federal judge in California late on Monday, court documents showed. In January, Holmes, 37, was found guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts. She was convicted of investor fraud and conspiracy, but acquitted on three counts of defrauding patients who paid for tests from Theranos, and a related conspiracy charge. In July, former Theranos President Ramesh "Sunny" Balwani was also convicted of defrauding investors and patients about Theranos that was once valued at $9 billion. Holmes' lawyers filed for a new trial in September citing "newly discovered" evidence from the government's statements made at the closing arguments of Balwani’s trial, as well as alleged government misconduct.
REUTERS/Eduardo Munoz/File PhotoCompanies Conde Nast Publications Inc FollowNEW YORK, Nov 8 (Reuters) - Drake and 21 Savage have been sued by Conde Nast, the publisher of Vogue magazine, for using the Vogue name without permission to promote their new album "Her Loss." And none of it has been authorized by Conde Nast," according to the complaint filed on Monday night in Manhattan federal court. It said the result was "unmistakable" confusion among the public, including media that touted Drake and 21 Savage as Vogue's "new cover stars." Conde Nast, also known as Advance Magazine Publishers Inc, is seeking at least $4 million in damages, or triple the defendants' profits from their album and "counterfeit" magazine. Conde Nast said it had tried repeatedly since Oct. 31 to resolve its differences with Drake, a Toronto native, and 21 Savage, from Atlanta.
The states filed their friend-of-the-court brief in San Jose, California, federal court, where the FTC in July asked a federal judge to bar Meta's acquisition of Los Angeles-based Within. The states, joined by the District of Columbia and Guam, said the deal threatens to "harm competition in the emerging virtual reality space." Circuit to revive the states' claims after a U.S. district court judge dismissed the case. Utah, which also signed the amicus brief, is leading a group of states in an antitrust lawsuit challenging how Google runs its app store. The case is Federal Trade Commission v. Meta Platforms Inc, U.S. District Court for the Northern District of California, No.
[1/3] A man rides a scooter past the front of the U.S. Supreme Court building in Washington, U.S. September 30, 2022. conservative Justice Samuel Alito asked Malcolm Stewart, a lawyer for the Department of Justice representing both commissions. The Supreme Court's conservative justices have signaled skepticism toward expansive regulatory power and the duty of judges, under Supreme Court precedent, to give deference to that authority. She told Stewart that of the three factors relevant to the case under a Supreme Court precedent, "two factors are pretty darn bad for you." 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.
Companies Virgin Galactic Holdings Inc FollowNEW YORK, Nov 7 (Reuters) - A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face shareholder claims he concealed problems in Virgin Galactic Holdings Inc's (SPCE.N) spaceship program, and sold hundreds of millions of dollars of stock at inflated prices. Lawyers for Virgin and Branson did not immediately respond to requests for comment. The lawsuit covers shareholders who owned the stock of either from July 10, 2019, to Oct. 14, 2021, when Virgin grounded Unity and delayed its commercial space travel service. In Monday afternoon trading, Virgin shares were up 5 cents at $4.97. The case is Kusnier et al v. Virgin Galactic Holdings Inc et al, U.S. District Court, Eastern District of New York, No.
Companies Trump Organization Inc FollowNEW YORK, Nov 7 (Reuters) - Former U.S. President Donald Trump on Monday appealed a judge's order to install a watchdog at the Trump Organization before a civil fraud case by the state's attorney general goes to trial. Engoron's order bars the defendants from transferring assets without court approval, and requires that the monitor receive a "full and accurate description" of the Trump Organization's structure and assets. In a notice of appeal filed on Monday, Trump's lawyer Alina Habba and lawyers for his children, Eric Trump, Ivanka Trump, and Donald Trump, Jr., said the defendants asked the Appellate Division, a mid-level state appeals court, to review Engoron's order, without laying out her legal arguments. Trump, a Republican, last week called Engoron's order "ridiculous," and the Trump Organization called it an "obvious attempt" to influence Tuesday's midterm U.S. elections. The case is among many legal battles Trump faces as he mulls a 2024 bid for the presidency.
NEW YORK, Nov 7 (Reuters) - A federal judge in New York temporarily suspended many parts of the state's new gun restrictions on Monday to allow members of a gun-owners' rights group to continue their lawsuit challenging the new law as unconstitutional. Judge Glenn Suddaby of the U.S. District Court in Syracuse agreed to issue the order at the request of six New York residents who are members of Gun Owners of America, which competes with the National Rifle Association in political influence. In his order, he said New York officials could not compel people applying for a gun license to disclose a list of everyone they live with or the handles of their social media accounts, major provisions of the Concealed Carry Improvement Act which took effect on Sept. 1. He also sharply pared back New York's new list of "sensitive places" where it is a new felony crime to possess a gun even with a license, writing that the state could not ban guns in theaters, bars, parks, airports and other public places. Reporting by Jonathan Allen; Editing by Leslie Adler and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
WASHINGTON, Nov 7 (Reuters) - A U.S. judge cited negative impacts on top-selling authors in blocking a planned $2.2 billion merger of Penguin Random House, the world's largest book publisher, and rival Simon & Schuster, according to a written opinion released Monday. Penguin is owned by German media group Bertelsmann SE & Co (BTGGg.F) while Paramount Global (PARA.O) owns Simon & Schuster. Pan said those best-selling authors "have fewer outlets that can satisfy their requirements, and therefore are vulnerable to anticompetitive behavior." Penguin writers include cookbook author Ina Garten and novelists Zadie Smith and Danielle Steele, while Simon & Schuster publishes Stephen King, Jennifer Weiner and Hillary Rodham Clinton, among others. The top five publishers are Penguin Random House, HarperCollins, Macmillan, Simon & Schuster and Hachette, with Walt Disney Co (DIS.N) and Amazon.com Inc (AMZN.O) also in the market.
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