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[1/2] People gather ahead of the "Festival of Fantasy" parade at the Walt Disney World Magic Kingdom theme park in Orlando, Florida, U.S. July 30, 2022. Lawyers for DeSantis, who is being sued for allegedly targeting Disney for company leadership's political views, filed a motion on Friday in Tallahassee, Florida, asking U.S. District Judge Mark Walker be recused in the case. Disney sued DeSantis in April for allegedly "weaponizing" state government in retaliation for the company's criticism of a law that banned classroom discussion of sexuality and gender identity with younger children. DeSantis' lawyers argued on Friday that the judge overseeing that case demonstrated potential partiality while handling separate cases in which the judge mentioned Disney as an example of state retaliation. Considering Walker's statements, "the court's impartiality in this matter might reasonably be questioned," DeSantis' lawyers said in the their motion.
May 18 (Reuters) - Amgen Inc (AMGN.O) has agreed not to quickly close on its $27.8 billion acquisition of Horizon Therapeutics (HZNP.O) after the U.S. Federal Trade Commission (FTC) filed suit to block the deal. Absent an agreement, Amgen could have sought to close the deal as early as Monday. Under the order, Amgen and Horizon will not close their transaction until the earlier of Sept. 15, or the second business day after the court rules on the FTC's request for a preliminary injunction. Amgen said it had made an offer to the FTC in the hope of resolving the issue. "We committed that we would not bundle the Horizon products raised as issues," Amgen said in a statement.
[1/3] A vial labelled "CureVac COVID-19 Vaccine" is seen in this illustration taken January 16, 2022. REUTERS/Dado Ruvic/IllustrationMay 19 (Reuters) - CureVac NV said on Friday it had filed an expanded patent infringement claim against Pfizer Inc (PFE.N) and BioNTech over the use of mRNA technology and that a U.S. court had granted its request to transfer the trial. In July 2022, CureVac had filed a patent lawsuit against BioNTech over the use of mRNA technology in the companies' COVID-19 vaccine. Pfizer and BioNTech in response had filed a complaint with the U.S. District Court in Massachusetts, seeking a judgment that they did not infringe U.S. patents held by CureVac. The companies have previously told the court that their COVID vaccine Comirnaty does not work in the same way as CureVac's patented technology.
Lamond, who supervised the Intelligence Branch of the police department's Homeland Security Bureau, also made false and misleading statements to federal law enforcement agents about his communications with Tarrio, the Justice Department said. According to the indictment, Lamond and Tarrio had been in regular contact since 2019. Lamond wrote, "Hey brother, sad, sad news today. Tarrio pleaded guilty to charges in the Black Lives banner case and in 2021 was sentenced to five months in prison. A jury in a separate case this month convicted Tarrio and other members of the Proud Boys of seditious conspiracy involving the Jan. 6, 2021, attack on the U.S. Capitol by Trump supporters.
Companies JPMorgan Chase & Co FollowNEW YORK, May 18 (Reuters) - Charlie Javice, who has been accused of defrauding JPMorgan Chase & Co (JPM.N) through her now-shuttered college financial aid company Frank, has been indicted over her relationship with the bank. A four-count indictment made public on Thursday in Manhattan federal court charges Javice with securities fraud, wire fraud, bank fraud and conspiracy. Reporting by Jonathan Stempel and Luc Cohen in New York; Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Companies Alphabet Inc FollowMay 18 (Reuters) - Google will pay Washington state $39.9 million to resolve a lawsuit accusing the company of misleading consumers about its location tracking practices, state Attorney General Bob Ferguson said on Thursday. The settlement also requires Google, a unit of Alphabet Inc (GOOGL.O), to implement reforms that increase transparency about its location tracking settings. Reporting by Jonathan Stempel in New YorkOur Standards: The Thomson Reuters Trust Principles.
NEW YORK, May 18 (Reuters) - JPMorgan Chase & Co (JPM.N) is seeking documents from Manhattan District Attorney Alvin Bragg as part of a lawsuit against the bank by women who say they were abused by the late financier Jeffrey Epstein, court records showed on Thursday. Bragg took part in a May 16 telephone conference in the case alongside lawyers for the victims, the bank, former JPMorgan private banking chief Jes Staley and the U.S. Virgin Islands, where Epstein had a home, the Manhattan federal court records showed. U.S. District Judge Jed Rakoff instructed Bragg to provide JPMorgan with a privilege log - or a description of documents the bank was seeking that he is withholding - by Friday. A spokesperson for Bragg did not immediately respond to a request for comment. Reporting by Luc Cohen in New York Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
[1/2] U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017 and obtained by Reuters July 10,... Read moreCompanies Deutsche Bank AG FollowMay 17 (Reuters) - Deutsche Bank AG (DBKGn.DE) has agreed to pay $75 million to settle a proposed class-action lawsuit alleging the lender facilitated the late Jeffrey Epstein's sex-trafficking ring, the Wall Street Journal reported late on Wednesday, citing lawyers who sued the bank on behalf of alleged victims. The suit was filed last year in New York by an anonymous woman on behalf of herself and other accusers, alleging Deutsche Bank did business with Epstein for five years knowing he was engaged in sex-trafficking activity, the report said. Deutsche Bank did not immediately reply to a Reuters' request for comment. Reporting by Rahat Sandhu in Bengaluru; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
May 18 (Reuters) - A Florida judge ruled in favor of Tiger Woods on Wednesday, rejecting his former girlfriend Erica Herman's request to nullify a non-disclosure agreement she signed when they began dating in 2017, U.S. media reported, citing court documents. Herman had asked a judge to void the agreement, citing a recent law that limits enforcing such agreements in sexual harassment and assault cases. Herman had not accused Woods of harassment or assault in court papers. In Wednesday's ruling, Circuit Judge Elizabeth Metzger said that Herman's claims had been “implausibly pled," granting Woods' requests to compel arbitration, the New York Times reported. The judge wrote that Herman could have provided factual specificity for any claim relating to sexual assault or sexual harassment, but "she has not done so,” according to the newspaper.
Companies Walgreens Boots Alliance Inc FollowMay 17 (Reuters) - Walgreens Boots Alliance Inc (WBA.O) has reached a $230 million settlement with San Francisco over its alleged role in that city's opioid epidemic, city attorney David Chiu said on Wednesday. Chiu said the accord followed a trial where the court found Walgreens substantially contributed to the epidemic and created a public nuisance. U.S. District Judge Charles Breyer had ruled last August that the drugstore chain failed to properly investigate suspicious opioid orders for nearly 15 years. Walgreens had been the only remaining defendant, after several drugmakers and distributors had settled with the city. San Francisco subsequently estimated it might cost $8.1 billion to abate the opioid crisis, and said Walgreens was legally liable for the entire amount.
WASHINGTON, May 16 (Reuters) - The U.S. Justice Department said on Tuesday that it had charged a former Apple Inc (AAPL.O) engineer with attempting to steal the firm's technology related to autonomous systems, including self-driving cars. The engineer, whom Justice Department officials named as Weibao Wang, 35, in 2017 accepted a U.S.-based job with a Chinese company working to develop self-driving cars before resigning from Apple. Reporting by Sarah N. Lynch, David Shepardson and Rami AyyubOur Standards: The Thomson Reuters Trust Principles.
May 15 (Reuters) - A U.S. appeals court has temporarily halted a federal judge's ruling that struck down the Affordable Care Act's mandate requiring insurers to cover preventive care, the New York Times reported on Monday. The ruling stems from one of several legal challenges Republicans have brought against the 2010 healthcare law, former President Barack Obama's signature domestic achievement popularly known as "Obamacare." U.S. District Judge Reed O'Connor in March struck down the Affordable Care Act's mandate that health insurance plans cover preventive care, including screenings for certain cancers and pre-exposure prophylaxis against HIV, or the so-called PrEP mandate, at no cost to patients. Reed ruled that the PrEP mandate violated a federal religious freedom law and that other no-cost preventive care mandates were based on recommendations by an illegally appointed task force. The U.S. Fifth Circuit Court of Appeals in New Orleans put Reed's decision on hold, the Times reported, leaving the mandate in place for now.
WASHINGTON, May 12 (Reuters) - Google, a unit of Alphabet (GOOGL.O), has agreed to pay $8 million to settle claims it used deceptive advertisements to promote the Pixel 4 smartphone, Texas Attorney General Ken Paxton announced on Friday. In this instance, Paxton's office alleged that Google hired radio announcers to give testimonials about the Pixel 4 even though the company had refused to allow them to use one of the phones. "If Google is going to advertise in Texas, their statements better be true," Paxton said in a statement. "In this case, the company made statements that were blatantly false, and our settlement holds Google accountable for lying to Texans for financial gain." Google said in a statement that it takes compliance with advertising laws seriously.
May 10 (Reuters) - Altria Group Inc (MO.N) said on Wednesday it had reached an agreement on the terms to resolve at least 6,000 Juul-related state and federal cases for $235 million. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
May 10 (Reuters) - A federal judge on Wednesday urged the U.S. Securities and Exchange Commission to resolve its dispute with law firm Covington & Burling over the agency's demand for the names of 300 clients affected by a cyberattack on the firm. The SEC sued Covington in January to force the prominent Washington-based firm to identify public company clients whose information was accessed or stolen in the breach. Mehta told an SEC lawyer that the subpoena puts Covington in the “very awkward position” of having to identify its clients to an enforcement agency without evidence of wrongdoing. “We’re not targeting any particular party,” SEC lawyer Eugene Hansen responded. A lawyer for Covington, Theodore Boutrous, said the SEC has made Covington a “test case” for new authority to scrutinize public companies through demands on their law firms following a hack.
Poulos, Dominion’s co-founder and chief executive, spoke about his experience settling the historic lawsuit during an interview at the Sir Harry Evans Global Summit in Investigative Journalism in London. Dominion sued Fox News and parent company Fox Corp (FOXA.O) in 2021 over the network’s coverage of false vote-rigging claims about the voting technology firm. The settlement, which legal experts said was the largest struck by a U.S. media company, was announced by the two sides and the judge in the case at the 11th hour. Dominion’s settlement with Fox is part of a broader legal campaign by the company to seek accountability from companies and individuals whom it claims have spread falsehoods about its technology. The company is also suing former Trump lawyers Sidney Powell and Rudy Giuliani, conservative media networks One America News Network and Newsmax Media, and others.
Once known as Square, Block agreed in March 2021 to pay $306 million for an 87.5% stake in Tidal. The pension fund also said Dorsey, a co-founder of Block and Twitter, was Block's only top executive who supported the purchase, and bought Tidal because he and Jay-Z were friends. But in concluding that Block directors did not breach their fiduciary duties, McCormick said she could not "presume bad faith based on the merits of the deal alone." Jay-Z, the rapper and music mogul whose real name is Shawn Carter, joined San Francisco-based Block's board after the Tidal purchase and remains a director. The Delaware case was a derivative lawsuit that sought to have Block's directors or their insurers pay damages to the company for shareholders' benefit.
May 9 (Reuters) - Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange’s law firm as he mounts his defense against a raft of fraud, money laundering and campaign finance charges. Bankman-Fried late Monday asked a judge to designate FTX’s current leadership and the exchange’s attorneys at law firm Sullivan & Cromwell as part of the “prosecution team” in the criminal case against him. FTX and Sullivan & Cromwell provided such extensive cooperation to the government that prosecutors had “effectively deputized the company to aid the prosecution,” Bankman-Fried argued. Sullivan & Cromwell, a prominent Wall Street law firm with about 900 lawyers, represented FTX on transactions and regulatory matters before its collapse last year. In Monday’s filing, Bankman-Fried’s defense team said Ray and FTX’s bankruptcy lawyers have acted as “public mouthpieces” for the prosecution and have turned over “cherry-picked” information incriminating Bankman-Fried.
Prosecutors have until May 29 to respond to Bankman-Fried's dismissal request, and Kaplan will hear arguments on June 15. EXTRADITIONBankman-Fried has acknowledged that FTX had inadequate risk management but denies stealing funds, and has sought to distance himself from FTX's day-to-day operations. In pleading guilty, Singh admitted to making political donations in his own name that were funded in part by transfers from Alameda. "The campaign finance allegations reveal, yet again, the consequences of the Government's rush to indict Mr. Bankman-Fried," his lawyers wrote. Bankman-Fried has largely been confined to his parents' home since his December arrest in the Bahamas, where he had lived and where FTX was based.
FTX imploded after a flurry of customer withdrawals in the wake of reports it had commingled assets with Alameda Research, Bankman-Fried's crypto-focused hedge fund. The Massachusetts Institute of Technology graduate has pleaded not guilty to 13 counts of fraud and conspiracy. He has acknowledged that FTX had inadequate risk management but denies stealing funds, and has sought to distance himself from FTX's day-to-day operations. Three onetime close associates - former Alameda co-chief executive Caroline Ellison, former FTX technology chief Gary Wang, and former FTX engineering chief Nishad Singh - have all pleaded guilty and agreed to cooperate with prosecutors. Bankman-Fried has limited access to technology, after prosecutors warned he might tamper with witnesses.
O'Connor pleaded guilty to charges including conspiring to commit computer intrusions, to commit wire fraud and to commit money laundering. O'Connor, who was extradited to the U.S. on April 26, will also forfeit more than $794,000 and pay restitution to victims, prosecutors said. Prosecutors said the schemes included gaining unauthorized access to social media accounts on Twitter in July 2020 as well as a TikTok account in August 2020. The July 2020 Twitter attack hijacked a variety of verified accounts, including those of then-Democratic presidential candidate Joe Biden and Tesla Inc (TSLA.O) CEO Elon Musk, who now owns Twitter. The alleged hacker used the accounts to solicit digital currency, prompting Twitter to prevent some verified accounts from publishing messages for several hours until security could be restored.
Companies Coinbase Global Inc FollowNEW YORK, May 9 (Reuters) - Ishan Wahi, a former Coinbase Global Inc (COIN.O) product manager, was sentenced on Tuesday to two years in prison in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. U.S. District Judge Loretta Preska sentenced Ishan Wahi, 32, in Manhattan federal court after the defendant pleaded guilty in February to two counts of conspiracy to commit wire fraud. Nikhil Wahi pleaded guilty in September to a wire fraud conspiracy charge, and in January was sentenced to 10 months in prison. At Tuesday's hearing, Ishan Wahi expressed remorse for his actions and their effect on his friends and family, several of whom were in court. Prosecutors had called for Ishan Wahi to spend more than three years in prison to deter other cryptocurrency insiders from misusing corporate information.
WASHINGTON, May 9 (Reuters) - The Senate Judiciary Committee has asked Texas billionaire Harlan Crow to detail gifts he or his companies have made to U.S. Supreme Court Justice Clarence Thomas, the panel said on Tuesday. "Many of these gifts, transactions, and items of value had not been previously disclosed by Justice Thomas," it said. Similar letters, dated Monday, were sent to the holding companies that own Crow's private jet and private yacht. The letter said Crow has acknowledged items of value given to Thomas and his family in public statements. It asked him to provide the information to the committee by May 22 as the panel works to craft legislation strengthening ethics rules and standards for Supreme Court justices.
The Biden Administration’s signature drug pricing reform, part of the Inflation Reduction Act (IRA), aims to save $25 billion through price negotiations by 2031 for Americans who pay more for medicines than any other country. The first ever Medicare drug price reduction process begins in September, when the Centers for Medicare and Medicaid Services(CMS) identifies its 10 most costly drugs. Reuters has seen responses to CMS from five of the world's top drugmakers raising legal concerns with the law and the agency's proposed roadmap. Former CMS head Andy Slavitt, who now works at a venture capital company focused on healthcare, said the Medicare agency would have consulted lawyers. One said the Medicare roadmap, which did not go through a formal process with proposed and final rules, could be challenged in court for being unlawful as well.
May 8 (Reuters) - A group of abortion providers on Monday filed a lawsuit aiming to preserve access to the abortion pill mifepristone as anti-abortion opponents aim to ban it in a separate case. The lawsuit, filed in federal court in Charlottesville, Virginia, is similar to one filed in Spokane, Washington by the Democratic attorneys general of 17 states and the District of Columbia in February. GenBioPro Inc, which sells a generic version of mifepristone, is also suing to block the FDA from restricting the drug. All three lawsuits come in response to a lawsuit last year by anti-abortion groups in Amarillo, Texas federal court challenging the FDA's approval of the drug in 2000. They said the dueling district court orders had created "day-to-day, week-to-week uncertainty" about using the drug.
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