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☆ Tom Brady and Gisele Bundchen named in lawsuit against FTX
▼ + stars: | 2022-11-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Genesis said it was working with advisers “to explore all possible options,” adding that it would release a plan for the lending business next week. “We’re working tirelessly to identify the best solutions for the lending business, including among other things, sourcing new liquidity,” the company said. The suspension comes as the entire crypto industry is on edge following the unraveling of Sam Bankman-Fried’s FTX exchange and Alameda Research hedge fund, both of which filed for bankruptcy late last week. On Wednesday an FTX investor sued Bankman-Fried as well as several celebrities who have endorsed the platform, including Tom Brady, Gisele Bundchen and Steph Curry. “The deceptive FTX platform maintained by the FTX entities was truly a house of cards,” the proposed class-action lawsuit states.

☆ Here's what the Wells Fargo cross-selling scandal means for the bank's growth
▼ + stars: | 2022-10-19 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

Wells Fargo is one of the oldest and most powerful banks in the United States. Regulators for banking, consumer protection, trading, and workplace safety continue to keep a close watch on Wells Fargo. In addition to fines, Wells Fargo has faced a cap on its assets, issued by the Federal Reserve in 2018. The issues at Wells Fargo are still unfolding. Watch the video to see how the Wells Fargo scandal positions the bank in 2022.

☆ Here are the 2 things summer-associate candidates should do to get hired at Alston & Bird, according to the chief legal-talent partner
▼ + stars: | 2022-09-29 | by ( Rachel Durose | ) www.businessinsider.com time to read: +3 min

Alston & Bird receives between 5,000 and 7,000 applications annually and hires about 60 students. Additionally, 90% of the company's 1,507 employees have reported Alston & Bird is a great place to work, according to the workplace-rating platform Great Place to Work. Alston & Bird receives between 5,000 to 7,000 applicants annually for its summer-associate program and typically hires about 60 students. Alston & Bird has offices in 13 cities across the world, including Dallas and New York City. Highlight the practice's valuesThe interview process will begin with a 20-minute screening, conducted by two Alston & Bird lawyers, Price said.

☆ From Jay-Z to Elon Musk: Inside the rise of Quinn Emanuel partner Alex Spiro, one of the lawyers helping the billionaire break out of his $44 billion deal to buy Twitter
▼ + stars: | 2022-09-20 | by ( Jack Newsham | ) www.businessinsider.com time to read: +14 min

Elon Musk has fired many lawyers but hired Alex Spiro for at least five cases, with a mixed record. But there's at least one lawyer who Musk seems to get along with: Alex Spiro. Spiro had been working behind the scenes for the billionaire when he was trying to buy Twitter. But they are hardly the "hardcore street fighters" Musk wants in a lawyer, according to a recent tweet of his. It's not clear how Spiro and Musk connected in the first place, but they seem to operate on the same wavelength.

☆ Supreme Court overturns Roe v. Wade, undoing nearly 50 years of legalized abortion nationwide
▼ + stars: | 2022-06-24 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +7 min

The Supreme Court overturned Roe v. Wade, the landmark ruling that legalized abortion across the US. "For millions of women, Roe and Casey have been critical in giving them control of their bodies and their lives. President Joe Biden and Democratic leaders across the nation swiftly condemned the Supreme Court's ruling on Friday, while Republicans celebrated it. An increased police presence has gathered in Washington, DC, in response to protests outside the Supreme Court. However, legal experts say those are likely to fail, given the Supreme Court has handed off abortion decision-making to the states.

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